Golf Fore Charity Inc
- Assets
- $52.7k
- Revenue
- $338.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Frisco, TX
- Founding
- 09/2019
- Data as of
- 12/2021
- EIN
- 83-4091013
Organization Overview
Golf Fore Charity Inc is located in Frisco, TX. The organization was established in 2019. According to its NTEE Classification (P12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Golf Fore Charity 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 12/2021, Golf Fore Charity Inc generated $338.8k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 28.6% each year . All expenses for the organization totaled $316.1k during the year ending 12/2021. While expenses have increased by 34.5% per year over the past 2 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.
Since 2020, Golf Fore Charity Inc has awarded 18 individual grants totaling $762,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION HOLDS GOLF TOURNAMENTS IN NEW MEXICO AND ARIZONA AND DONATES AND DONATES THE PROCEEDS TO LOCAL FAMILY, COMMUNITY, AND CHILDREN'S NON-PROFIT ORGANIZATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
2021 GRANTS INCLUDE: - $100,000 TO RONALD MCDONALD HOUSE OF NEW MEXICO - $60,000 TO NEW MEXICO KIDS MATTER - $35,000 T0 CAMPBELL'S CREW CARES - $35,000 TO MIRACLE LEAGUE OF ARIZONA - $35,000 TO SPECIAL OLYMPICS ARIZONA - $35,000 TO S.A.F.E HOUSE NEW MEXICO - $5,000 TO JUST BECAUSE
2021 GRANTS INCLUDE: - $100,000 TO RONALD MCDONALD HOUSE OF NEW MEXICO - $60,000 TO NEW MEXICO KIDS MATTER - $35,000 T0 CAMPBELL'S CREW CARES - $35,000 TO MIRACLE LEAGUE OF ARIZONA - $35,000 TO SPECIAL OLYMPICS ARIZONA - $35,000 TO S.A.F.E HOUSE NEW MEXICO - $5,000 TO JUST BECAUSE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mike Beeghly Director | Trustee | 5 | $0 |
Don Roberts Director | Trustee | 5 | $0 |
Gary Bjarke Director | Trustee | 5 | $0 |
Bre Madden Secretary | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $406,202 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $406,202 |
| Total Program Service Revenue | $0 |
| 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 | -$67,360 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $338,842 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $305,000 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $995 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $301 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $420 |
| Travel | $3,641 |
| 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 | $487 |
| All other expenses | $0 |
| Total functional expenses | $316,141 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $48,665 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $4,000 |
| 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 | $52,665 |
| 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 | $0 |
| Total liabilities | $0 |
| 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 | $52,665 |
| Total liabilities and net assets/fund balances | $52,665 |
Grants Awarded
Over the last fiscal year, Golf Fore Charity Inc has awarded $600,000 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
Albuquerque, NM PURPOSE: GENERAL SUPPORT | $100,000 |
Albuquerque, NM PURPOSE: GENERAL SUPPORT | $100,000 |
Albuquerque, NM PURPOSE: GENERAL SUPPORT | $60,000 |
Albuquerque, NM PURPOSE: GENERAL SUPPORT | $60,000 |
Scottsdale, AZ PURPOSE: GENERAL SUPPORT | $35,000 |
Queen Creek, AZ PURPOSE: GENERAL SUPPORT | $35,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Golf Fore Charity Inc has recieved totaling $8,100.
| Awarding Organization | Amount |
|---|---|
Ga Telesis Charitable Fund Inc Fort Lauderdale, FL PURPOSE: Charity golf tournam | $8,100 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Pure Inc Bentonville, AR | $3,138,267 | $27,808,227 |
Buckner Foundation Dallas, TX | $503,977,405 | $46,631,365 |
Panhandle Community Services Amarillo, TX | $11,013,426 | $24,011,483 |
The Citizens Foundation Usa Houston, TX | $7,765,514 | $19,916,524 |
Morgans Wonderland Inclusion Foundation San Antonio, TX | $24,438,940 | $21,840,113 |
Furniture Bank Houston, TX | $4,044,380 | $6,546,446 |
Scanlan Foundation Houston, TX | $209,874,637 | $6,584,694 |
Kathleen S Craft Foundation Tulsa, OK | $94,596,287 | $6,487,856 |
White Cake Family Foundation Dallas, TX | $42,767,869 | $3,380,103 |
Charitable Properties Inc Mesquite, TX | $0 | $4,302,892 |
Bp Foundation Inc Houston, TX | $4,050,119 | $6,036,214 |
Soonae Foundation Burnet, TX | $2,322,115 | $4,666,451 |