Gstc Foundation is located in Homer, 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gstc Foundation 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 12/2021, Gstc Foundation generated $199.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (19.2%) each year. All expenses for the organization totaled $65.5k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE GOLF FACILITIES AND TRAINING TO COLLEGE GOLF TEAM MEMBERS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
James Pritchard Director | 0 | $0 | |
Michael G Acton Director | 0 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $199,000 |
Interest on Savings | $0 |
Dividends & Interest | $0 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $0 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $199,000 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $0 |
Depreciation | $16,968 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $48,545 |
Total operating and administrative expenses | $65,513 |
Contributions, gifts, grants paid | $0 |
Total expenses and disbursements | $65,513 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $168,073 |
Savings and temporary cash investments | $0 |
Net Accounts receivable | $0 |
Net Pledges Receivable | $0 |
Grants receivable | $0 |
Receivables from Officers, Directors, or Controlling Persons | $0 |
Net other notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $0 |
Net Land, buildings, and equipment | $1,798,782 |
Other assets | $0 |
Total assets | $1,966,855 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Mortgages and other notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Over the last fiscal year, we have identified 1 grants that Gstc Foundation has recieved totaling $5,000.
Awarding Organization | Amount |
---|---|
Raddon Family Foundation Sandy, UT PURPOSE: GENERAL DONATION | $5,000 |
Organization Name | Assets | Revenue |
---|---|---|
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 |
Bobby Jones Golf Course Foundation Inc Atlanta, GA | $34,301,946 | $5,982,805 |
Georgia State Golf Association Inc Atlanta, GA | $4,442,006 | $3,528,444 |
Tennessee Golf Association Inc Franklin, TN | $4,139,217 | $1,862,884 |
Youth Golf Foundation Of The Carolinas Charlotte, NC | $5,362,878 | $1,885,876 |
Golf Huntsville Birmingham, AL | $403,957 | $1,261,628 |
Childrens Golf Foundation Inc Riviera Beach, FL | $3,340,515 | $2,732,545 |