Bobby Jones Golf Course Foundation Inc
- Assets
- $34.3m
- Revenue
- $6.0m
- Investments
- $0.0
- Employees
- 173
- Location
- Atlanta, GA
- Founding
- 10/2016
- Data as of
- 12/2020
- EIN
- 81-0778972
Organization Overview
Bobby Jones Golf Course Foundation Inc is located in Atlanta, GA. The organization was established in 2016. According to its NTEE Classification (N6A) the organization is classified as: Golf, under the broad grouping of Recreation & Sports and related organizations. As of 12/2021, Bobby Jones Golf Course Foundation Inc employed 173 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bobby Jones Golf Course Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2020, Bobby Jones Golf Course Foundation Inc generated $6.0m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 34.1% each year . All expenses for the organization totaled $4.7m during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO GROW THE GAME OF GOLF THROUGH ACCESS TO IMPROVED PUBLIC GOLF AND PROFESSIONAL GOLF INSTRUCTION PROGRAMMING INCLUDING FOCUSED ACTIVITIES FOR YOUTH AND PERSONS WITH DIABILITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION IS CURRENTLY OPERATING THE RENOVATED GOLF COURSE, WHICH OPENED IN NOVEMBER 2018, UNDER A MANAGEMENT CONTRACT WITH A PROFESSIONAL GOLF COURSE MANAGEMENT COMPANY. WE OFFER PROGRAMS THAT ARE GENERALLY FOUND AT PUBLIC GOLF COURSES SUCH AS JUNIOR CLINICS, SUMMER CAMPS, CLINICS AND TOURNAMENTS FOR ADAPTIVE GOLFERS AND FREE LESSONS FOR UNDERPRIVILEGED YOUTH. THE COURSE IS ALSO AVAILABLE FOR TOURNAMENTS TO BENEFIT OTHER CHARITABLE ORGANIZATIONS. THE FOUNDATION CONTINUES TO DEVELOP NEW PROGRAMS ON THE RENOVATED COURSE THAT COULD NOT BE OFFERED ON THE PROPERTY PRIOR TO RENOVATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jason Kuiper Director Of Instruction | 40 | $166,298 | |
Kyle Macdonald Superintendent | 40 | $136,729 | |
Rachel Clopton Lead Golf Instructor | 40 | $129,128 | |
Justin Martin Golf Instructor | 40 | $125,091 | |
Tonya Danckaert Lead Golf Instructor | 40 | $121,759 | |
Chuck Palmer Chairman | Trustee | 15 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Chapman Design Group Inc Design Services | 12/30/18 | $217,717 |
Long Engineering Llc Engineering | 12/30/18 | $178,882 |
Bobby Jones Links Management Services | 12/30/18 | $166,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,648,838 |
| Investment income | $417 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $317,849 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,982,805 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,630,191 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $128,685 |
| Fees for services: Management | $140,000 |
| Fees for services: Legal | $45,477 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $33,401 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $75,591 |
| Office expenses | $232,509 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $387,613 |
| Travel | $5,671 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,105,570 |
| Insurance | $133,991 |
| All other expenses | $0 |
| Total functional expenses | $4,662,199 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $187,933 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $2,508,407 |
| Accounts receivable, net | $17,386 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $100,478 |
| Prepaid expenses and deferred charges | $65,203 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $34,301,946 |
| Accounts payable and accrued expenses | $418,998 |
| Grants payable | $0 |
| Deferred revenue | $328,932 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $1,800,000 |
| Secured mortgages and notes payable | $6,746,345 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $9,294,275 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $25,007,671 |
Grants Recieved
Over the last fiscal year, we have identified 8 grants that Bobby Jones Golf Course Foundation Inc has recieved totaling $756,881.
| Awarding Organization | Amount |
|---|---|
The Arthur M Blank Family Foundation Atlanta, GA PURPOSE: PGA TOUR SUPERSTORE DRIVING RANGE AT THE NEWLY RENOVATED BOBBY JONES GOLF COURSE AND BITSY GRANT TENNIS CENTER | $400,000 |
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: CULTURE | $130,000 |
The Klump Family Foundation Inc Atlanta, GA PURPOSE: GENERAL | $62,500 |
Elk Foundation Inc Atlanta, GA PURPOSE: TO SUPPORT THE MISSION COMMITTED TO GROWING THE GAME OF GOLF THROUGH ACCESS TO IMPROVED PUBLIC GOLF AND PROFESSIONAL GOLF INSTRUCTION AND PROGRAMMING | $53,650 |
The Community Foundation For Greater Atlanta Inc Atlanta, GA PURPOSE: RECREATION AND SPORTS | $50,000 |
Leonard And Jerry Greenbaum Family Foundation Inc Atlanta, GA PURPOSE: DONATION | $25,000 |
Endowment Analysis
| Beg. Balance | $185,020 |
| Other Expense | $94,720 |
| Ending Balance | $90,300 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Junior Golf Association Braselton, GA | $10,685,034 | $16,403,049 |
Druid Hills Golf Club Atlanta, GA | $32,860,393 | $19,141,362 |
Grove Xxiii Golf Club Inc Hobe Sound, FL | $56,709,456 | $6,137,179 |
Twineagles Club Inc Naples, FL | $43,161,639 | $12,484,903 |
Laurel Oak Country Club Inc Sarasota, FL | $24,625,262 | $10,287,023 |
U S Kids Golf Foundation Inc Norcross, GA | $6,729,022 | $10,107,492 |
Boca Rio Golf Club Inc Boca Raton, FL | $25,376,500 | $8,924,090 |
Spring Island Club Okatie, SC | $20,372,733 | $10,747,020 |
The Golf Club At Palmira Inc Bonita Springs, FL | $17,478,158 | $5,448,490 |
Quarry Golf Club Inc Naples, FL | $19,662,305 | $5,952,672 |
Carolinas Golf Association Southern Pines, NC | $7,201,901 | $7,597,187 |
Highlands Falls Country Club Inc Highlands, NC | $17,573,731 | $5,732,867 |