Civic Intelligence

Kentucky Golf Association Inc

EIN 23-7150508 • 501(c)3 • Louisville, KY

Profile

To foster, promote and advance the interests and the true spirit of the game of golf throughout the commonwealth of kentucky, and in conjunction therewith to lend its cooperation and assistance to the united states golf association, and to encourage and cultivate a spirit of harmony and cooperation among golf associations and their members.

1116 Elmore Just DriveLouisville, KY 40245

kygolf.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

72nd percentile

0.27x

Higher debt load relative to assets than 72% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

48th percentile

0.07x

Higher debt load relative to revenue than 48% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

43rd percentile

1.3%

Higher net margin than 43% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

72nd percentile

14%

Faster asset growth than 72% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2024

Revenue Growth

52nd percentile

7.9%

Faster revenue growth than 52% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2024

Balance Sheet
Liabilities / Assets72nd percentile

Assets

Up

$283,363

Up $40,512 (+17%) from 2023

Liabilities

Up

$77,411

Up $25,513 (+49%) from 2023

Net Assets

Up

$205,952

Up $14,999 (+7.9%) from 2023

Operations
Liabilities / Revenue48th percentileNet Margin43rd percentile

Revenue

Up

$1,126,063

Up $69,809 (+6.6%) from 2023

Expenses

Up

$1,111,064

Up $69,810 (+6.7%) from 2023

Net Income

Down

$14,999

Down $1 (-0.0%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth72nd percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$300K$200K$100K$0Assets 2020: $124,089Liabilities 2020: $6,246Net Assets 2020: $117,8432020Assets 2021: $200,391Liabilities 2021: $39,439Net Assets 2021: $160,9522021Assets 2022: $217,759Liabilities 2022: $41,806Net Assets 2022: $175,9532022Assets 2023: $242,851Liabilities 2023: $51,898Net Assets 2023: $190,9532023Assets 2024: $283,363Liabilities 2024: $77,411Net Assets 2024: $205,9522024

Highlighted filing

2024

Assets$283,363
Liabilities$77,411
Net Assets$205,952
Open 2024 Filing

Operations Trend

Revenue Growth52nd percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.5M$1.0M$500K$0Revenue 2020: $701,258Expenses 2020: $686,258Net Income 2020: $15,0002020Revenue 2021: $818,486Expenses 2021: $775,377Net Income 2021: $43,1092021Revenue 2022: $966,825Expenses 2022: $951,824Net Income 2022: $15,0012022Revenue 2023: $1,056,254Expenses 2023: $1,041,254Net Income 2023: $15,0002023Revenue 2024: $1,126,063Expenses 2024: $1,111,064Net Income 2024: $14,9992024

Highlighted filing

2024

Revenue$1,126,063
Expenses$1,111,064
Net Income$14,999
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$283,363
Liabilities
$77,411
Net assets
$205,952
Revenue
$1,126,063
Expenses
$1,111,064
Net income
$14,999
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.28$0.08$0.21$1.13$1.11$0.01
2023Detailed filing. Detailed filing data is available for this year.$0.24$0.05$0.19$1.06$1.04$0.02
2022Detailed filing. Detailed filing data is available for this year.$0.22$0.04$0.18$0.97$0.95$0.02
2021Detailed filing. Detailed filing data is available for this year.$0.20$0.04$0.16$0.82$0.78$0.04
2020Detailed filing. Detailed filing data is available for this year.$0.12$0.01$0.12$0.70$0.69$0.02
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Aug 15, 2025
Return Version
2024v5.2
Gross Receipts
$1,126,063
Mission and Program Overview

Mission

To foster, promote and advance the interests and the true spirit of the game of golf throughout the commonwealth of kentucky, and in conjunction therewith to lend its cooperation and assistance to the united states golf association, and to encourage and cultivate a spirit of harmony and cooperation among golf associations and their members.

To foster, promote and advance the interests and the true spirit of the game of golf throughout ky.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$190,953$205,952▲ $14,999
Savings and Temporary Cash Investments$134,642$151,006▲ $16,364
Cash and Non-Interest-Bearing Accounts$104,600$120,335▲ $15,735
Accounts Receivable$3,609$11,460▲ $7,851
Prepaid Expenses and Deferred Charges-$562-
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$242,851$283,363▲ $40,512
Liabilities
Other Liabilities$51,898$77,411▲ $25,513
Total Liabilities$51,898$77,411▲ $25,513
Net Assets / Fund Balance
Total Net Assets Fund Balance$190,953$205,952▲ $14,999
Total Liabilities and Net Assets / Fund Balance$242,851$283,363▲ $40,512
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleBaseOtherTotal
Steve HouchenDirector$825$4,785$5,610
Lesa HodgeDirector-$5,280$5,280
Dennis GeorgeDirector$990$3,515$4,505
Dean TerryPresident$1,520$2,710$4,230
Steve LovellDirector$1,815$1,485$3,300
Jim ThompsonDirector-$2,310$2,310
Tom ReddickDirector-$1,650$1,650
Tom OldendickDirector$825-$825

Board Members and Trustees

NameTitle
Phil ArmbrusterVice President
Aaron YarmuthDirector
Andy RobertsDirector
Ben CookseyDirector
Bradley SutherlandDirector
Cynthia PowellDirector
D'SHAWN JOHNSONDirector
Dan WilhelmDirector
Dave NicholasDirector
Denver HaddixDirector
Franklin StiversDirector
Gary BacklundDirector
Gary HerfelDirector
Jessica CornellusDirector
Jessica GraceDirector
Jim EllisDirector
Jim SweeneyDirector
Laura PatrickDirector
Lee MajorDirector
Mark AndersonDirector
Mark KnectDirector
Marsha BordasDirector
Max MarleyDirector
Paul DouglasDirector
Philip SchardeinDirector
Tracy HillmanDirector
Von MacklinDirector
Sally MorganExecutive Director
Revenue and Support

Revenue Composition

Contributions and Grants
$1,346
Program Service Revenue
$1,115,746
Investment Income
$7,543
Other Revenue
$1,428
All Other Contributions
$1,346
Change in Net Assets
$14,999
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,108,651
Grants and Similar Amounts Paid$2,413
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$682,833--$682,833
All Other Expenses$73,247--$73,247
Other Expenses$48,260--$48,260
Travel$32,791--$32,791
Office Expenses-$18,291-$18,291
Information Technology-$2,730-$2,730
Fees for Services Accounting-$2,700-$2,700
Advertising$2,449--$2,449
Grants to Domestic Individuals$2,413--$2,413
Conferences and Meetings-$1,124-$1,124
Total Functional Expenses$1,086,219$24,845$0$1,111,064
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payable to Kga-pga$75,381
Payable to Kentucky Golf Foundation$2,030
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“Management reviews the 990 in detail. If any concerns are noted, they are brought to the attention of the board of directors.”

Form 990, Part VI, Section B, Line 12C

“Secretary and executive director review the policy quarterly to ensure compliance.”

Form 990, Part VI, Section C, Line 19

“The organization provides governing documents, conflict of interest policy, and financial statements to the public upon request during regular business hours.”

Filing and Contact Details

Filer

Filer Name
Kentucky Golf Association Inc
EIN
23-7150508
Phone
5022438295
Address
1116 ELMORE JUST DRIVE, LOUISVILLE, KY 40245

Signing Officer

Name
Peter Kremer
Title
Chief Executive Officer
Phone
5022438295
Signed
2025-08-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Peter Kremer
Formed
1911
Legal Domicile
Ky
Voting Board Members
35
Independent Board Members
35
Employees
0
Volunteers
35

Preparer

Firm
Deming Malone Livesay & Ostroff Psc
Address
9300 SHELBYVILLE RD STE 1100, LOUISVILLE, KY 40222-5187
Preparer
Christine N Koenig
Phone
5024269660
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IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt24DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt25DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt26DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt27VICE PRESIDENT
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IRS990/Form990PartVIISectionAGrp/TitleTxt29DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt30DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt31DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt32DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt33DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt34DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt35EXECUTIVE DIRECTOR
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