Golf Brevard Inc
- Assets
- $8.0m
- Revenue
- $3.6m
- Investments
- $0.0
- Employees
- 79
- Location
- Melbourne Beach, FL
- Founding
- 06/2018
- Data as of
- 09/2022
- EIN
- 82-5091804
Organization Overview
Golf Brevard Inc is located in Melbourne Beach, FL. The organization was established in 2018. According to its NTEE Classification (W20) the organization is classified as: Government & Public Administration, under the broad grouping of Public & Societal Benefit and related organizations. As of 09/2022, Golf Brevard Inc employed 79 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Golf Brevard 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 09/2022, Golf Brevard Inc generated $3.6m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 51.3% each year . All expenses for the organization totaled $2.9m during the year ending 09/2022. While expenses have increased by 48.3% per year over the past 4 years. They've been increasing with an increasing level of total revenue. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
GOLF BREVARD INC. WAS SPECIFICALLY FORMED FOR THE PURPOSE OF LESSENING THE BURDEN OF GOVERNMENT FOR BREVARD COUNTY, FLORIDA, WITH REGARD TO THE OPERATION, MAINTAINING, AND IMPROVING ITS PUBLIC GOLF COURSES - SPESSARD HOLLAND AND THE HABITAT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BY CONTRACT WITH THE COUNTY, PARKS AND RECREATION MANAGER (PRM) IS A NON-VOTING MEMBER OF THE BOARD AND ATTENDS ALL MONTHLY BOARD MEETINGS. THE PRM CONDUCTS AND DOCUMENTS ON SIGHT OPERATIONAL REVIEWS QUARTERLY. REVIEWS ARE SHARED WITH THE BOARD AND DOCUMENT THAT GOLF BREVARD OPERATES AND MAINTAINS THE GOLF COURSES IN ACCORDANCE WITH FIRST-CLASS STANDARDS. THE GOLF COURSES' PHYSICAL CONDITIONS CONTINUE TO IMPROVE. EXCESS REVENUE IS REINVESTED IN COURSE MAINTENANCE AND IMPROVEMENTS. THE ORGANIZATION CONTINUES TO BE SELF-SUFFICIENT . TOTAL GOLF ROUNDS PLAYED DURING THIS FISCAL YEAR WAS 101,822, AN INCREASE OF 10.1% FROM THE PRIOR YEAR AND A 37.5% INCREASE FROM THE FIRST YEAR OF OPERATION. THE GENERAL PUBLIC HAS BENEFITED FROM THE PROPER MANAGEMENT AND IMPROVEMENT TO THE GOLF COURSES AS SHOWN BY INCREASED ROUNDS PLAYED PER YEAR. THE GOVERNMENT OF BREVARD COUNTY CONTINUES TO BENEFIT FROM BEING RELIEVED OF THE FINANCIAL BURDEN OF OPERATING THE GOLF COURSES AND ALLOCATING SAVINGS TO OTHER GOVERNMENT REQUIREMENTS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mike Yurigan General Manager | Officer | 60 | $132,962 |
Steve Proctor Chair | OfficerTrustee | 2 | $0 |
Jim Cravens Vice Chair | OfficerTrustee | 2 | $0 |
Bill Crudo Director | Trustee | 1 | $0 |
Gail Meyers Director | Trustee | 1 | $0 |
Jim Roberts Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $43,524 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,264 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $46,788 |
| Total Program Service Revenue | $3,222,502 |
| Investment income | $50 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$1,406 |
| Net Income from Fundraising Events | -$3,024 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $303,631 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,568,541 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $40,535 |
| 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. | $146,276 |
| Compensation of current officers, directors, key employees. | $36,569 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $996,144 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $92,907 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $5,645 |
| Fees for services: Accounting | $61,745 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $109,472 |
| Advertising and promotion | $65,605 |
| Office expenses | $28,095 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $199,867 |
| Travel | $730 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,301 |
| Interest | $5,767 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $421,131 |
| Insurance | $106,270 |
| All other expenses | $0 |
| Total functional expenses | $2,920,835 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,210,738 |
| Savings and temporary cash investments | $501,468 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,186 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $230,602 |
| Prepaid expenses and deferred charges | $39,895 |
| Net Land, buildings, and equipment | $481,412 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $5,521,128 |
| Total assets | $7,986,429 |
| Accounts payable and accrued expenses | $180,502 |
| Grants payable | $0 |
| Deferred revenue | $168,201 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $7,083 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $5,833,036 |
| Total liabilities | $6,188,822 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $1,797,607 |
| Total liabilities and net assets/fund balances | $7,986,429 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Golf Brevard Inc has recieved totaling $6.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $6 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Foundation For Government Accountability Inc Naples, FL | $11,867,357 | $13,152,294 |
Flight Attendant Medical Research Institute Inc Coral Gables, FL | $53,796,481 | $3,249,807 |
Golf Brevard Inc Melbourne Beach, FL | $7,986,429 | $3,568,541 |
Okaloosa-Walton Jobs And Education Partnership Inc Shalimar, FL | $680,792 | $2,563,452 |
Ending Spending Inc Tampa, FL | $2,712,034 | $4,350,000 |
Seaside Town Council Inc Santa Rosa Bch, FL | $5,546,614 | $3,159,360 |
Tea Party Patriots Foundation Inc Woodstock, GA | $210,320 | $792,205 |
Alabama Appleseed Center For Law And Justice Inc Montgomery, AL | $1,026,502 | $742,147 |
To The Village Square Inc Tallahassee, FL | $297,050 | $339,379 |
Efficient Government Public Service Ii Atlanta, GA | $4,409,546 | $464,140 |
Penn Allegh Unfunded Pension And Welfare Benefit Trust Fort Myers, FL | $54,622 | $349,000 |
Jefferson County Farmers Federation Mccalla, AL | $1,603,010 | $366,177 |