Colorado Golf Charities
- Assets
- $132.2k
- Revenue
- $253.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Windsor, CO
- Founding
- Data as of
- 12/2020
- EIN
- 83-3262580
Organization Overview
Colorado Golf Charities is located in Windsor, CO. 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. Colorado Golf Charities 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, Colorado Golf Charities generated $253.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (44.8%) each year. All expenses for the organization totaled $252.0k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (45.2%) per year over the past 2 years. 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
SPONSOR MEN'S GOLF TOURNAMENTS AND PROVIDED $31,736 TO CHARITIES
Describe the Organization's Program Activity:
Part 3 - Line 4a
SPONSORED A KORN FERRY GOLF TOURNAMENT IN ASSOCIATION WITH THE PGA AND DONATED $31,736 TO LOCAL CHARITIES
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jonathan A Turner Vice President | Officer | 2 | $0 |
Kellie Nietfeld Secretary | Officer | 5 | $0 |
Peter Comar President | Officer | 0 | $0 |
Christopher J Frye Director | Trustee | 0 | $0 |
James Birdsall Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $10,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,000 |
| Total Program Service Revenue | $243,838 |
| Investment income | $0 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $253,838 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $14,186 |
| 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 of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $41,858 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,638 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $12,635 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $0 |
| Insurance | $3,750 |
| All other expenses | $0 |
| Total functional expenses | $251,952 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $79,275 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $52,940 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $132,215 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $136,382 |
| Total liabilities | $136,382 |
| 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 | -$4,167 |
| Total liabilities and net assets/fund balances | $132,215 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Colorado Golf Charities has recieved totaling $20,000.
| Awarding Organization | Amount |
|---|---|
Centura Health Corporation Centennial, CO PURPOSE: General Support | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Arizona Golf Community Foundation Scottsdale, AZ | $9,908,509 | $6,967,253 |
The Colorado Golf Association Inc Greenwood Village, CO | $6,958,825 | $4,454,256 |
Arizona Golf Association Scottsdale, AZ | $3,967,286 | $3,840,338 |
Flagstaff Golf Association Flagstaff, AZ | $3,224,049 | $2,364,199 |
Central Links Golf Lenexa, KS | $849,807 | $1,842,143 |
The Notah Begay Iii Foundation Inc Santa Ana Pueblo, NM | $10,427,871 | $7,723,730 |
Junior Golf Association Of Arizona Inc Phoenix, AZ | $858,991 | $1,640,395 |
Utah Golf Association Inc Salt Lake City, UT | $1,158,338 | $1,383,306 |
South Central Section Of The Profes Sional Golf Association Broken Arrow, OK | $1,539,248 | $1,298,771 |
Mission Royale Recreational Golf Club Inc Casa Grande, AZ | $3,324,198 | $157,069 |
The First Tee Of Phoenix Phoenix, AZ | $2,080,588 | $916,469 |
Oga Inc Edmond, OK | $926,637 | $964,355 |