Utah Golf Foundation
- Assets
- $435.7k
- Revenue
- $285.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Salt Lake City, UT
- Founding
- 10/1989
- Data as of
- 10/2023
- EIN
- 87-0458588
Organization Overview
Utah Golf Foundation is located in Salt Lake City, UT. The organization was established in 1989. 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. Utah Golf 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 10/2023, Utah Golf Foundation generated $285.9k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 22.9% each year . All expenses for the organization totaled $222.5k during the year ending 10/2023. While expenses have increased by 30.6% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE INDIVIDUALS ACCESS TO THE GAME OF GOLF AND CONTRIBUTIONS TO PROGRAMS AND ORGANIZATIONS THAT HELP TO GROW THE GAME.
Describe the Organization's Program Activity:
Part 3 - Line 4a
VETERANS ON COURSE (VOC) WAS STARTED BY THE UTAH GOLF FOUNDATION IN 2016 AS A PILOT PROGRAM TO PROVIDE INSTRUCTION AND PLAYING OPPORTUNITIES TO MILITARY VETERANS FREE OF CHARGE. EACH EVENT INCLUDES ONE HOUR OF LESSONS FROM PGA PROFESSIONALS, A NINE-HOLE SCRAMBLE GOLF TOURNAMENT, AND AN AFTER-PLAY SOCIAL WITH DINNER AND A KEYNOTE SPEAKER. THE UTAH GOLF FOUNDATION HOSTED TEN EVENTS DURING THE 2023 SEASON, INCLUDING SEVEN CO-ED EVENTS THROUGHOUT NORTHERN UTAH, ONE CO-ED EVENT IN SOUTHERN UTAH, AND ONE WOMEN'S EVENT IN NORTHERN UTAH.
YOUTH ON COURSE (YOC) IS AN INTERNATIONAL 501(C)(3) NONPROFIT CURRENTLY OPERATING AT 2,100 PARTICIPATING GOLF COURSES THROUGHOUT THE U.S., AUSTRALIA,AND CANADA, AND IMPACTING MORE THAN 240,000 MEMBERS. YOC PROVIDES JUNIOR MEMBERS AGES 6-18 ACCESS TO ROUNDS OF GOLF FOR 5 OR LESS FOR NINE HOLES BY SUBSIDIZING PARTICIPATING COURSES. THE 2023 YOC UTAH SEASON INCLUDED 34 UTAH GOLF COURSES. NEARLY 5,000 YOC UTAH MEMBERS PLAYED 20,000 ROUNDS OF GOLF, AND THE UTAH GOLF FOUNDATION REIMBURSED PARTICIPATING UTAH FACILITIES 87,000.
DONATIONS TO ORGANIZATIONS WITH A MISSION TO IMPACT THE LIVES OF YOUNG PEOPLE BY PROVIDING EDUCATIONAL PROGRAMS THAT BUILD CHARACTER, INSTILL LIFE-ENHANCING VALUES AND PROMOTE HEALTHY CHOICES THROUGH THE GAME OF GOLF.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Randy Cassidy Director | Trustee | 0.5 | $0 |
Pat Dalpiaz Director | Trustee | 0.5 | $0 |
Jennifer Foote Director | Trustee | 0.5 | $0 |
Mike Stansfield Director | Trustee | 0.5 | $0 |
Jim Harland Director | Trustee | 0.5 | $0 |
Mike Smith Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $60,025 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $224,402 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $284,427 |
| Total Program Service Revenue | $0 |
| Investment income | $1,492 |
| 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 | $285,919 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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 | $75,739 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,745 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $66 |
| Office expenses | $1,346 |
| Information technology | $2,935 |
| Royalties | $0 |
| Occupancy | $841 |
| Travel | $1,100 |
| 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 | $1,498 |
| All other expenses | $2,600 |
| Total functional expenses | $222,466 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $266,318 |
| Savings and temporary cash investments | $143,188 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $26,198 |
| 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 | $435,704 |
| Accounts payable and accrued expenses | $11,534 |
| 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 | $11,534 |
| Net assets without donor restrictions | $398,917 |
| Net assets with donor restrictions | $25,253 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $435,704 |