Civic Intelligence

Forekids Foundations Inc DBA Zurich Classic of New Orleans

990 • Fiscal year 2019 • EIN 58-1940111

Oct 01, 2018 to Sep 30, 2019 • Filed on Jul 14, 2020

11005 Lapalco BlvdAvondale, LA 70094

(504) 342-3000

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

59th percentile

0.29x

Higher debt load relative to assets than 59% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Liabilities / Revenue

37th percentile

0.13x

Higher debt load relative to revenue than 37% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Net Margin

48th percentile

2.4%

Higher net margin than 48% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Top Officer Pay

86th percentile

$389,344

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 2.8% of source-year revenue.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Asset Growth

2nd percentile

-38%

Faster asset growth than 2% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Revenue Growth

43rd percentile

1.7%

Faster revenue growth than 43% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Assets

Down

$6,331,800

Down $3,858,606 (-38%) from 2018

Net Assets

Up

$4,468,108

Up $359,157 (+8.7%) from 2018

Liabilities

Down

$1,863,692

Down $4,217,763 (-69%) from 2018

Revenue

Up

$13,892,145

Up $234,859 (+1.7%) from 2018

Expenses

Up

$13,563,379

Up $203,674 (+1.5%) from 2018

Net Income

Up

$328,766

Up $31,185 (+10%) from 2018

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$15M$10M$5.0M$0Assets 2011: $2,628,778Liabilities 2011: $2,272,739Net Assets 2011: $356,0392011Assets 2012: $3,676,117Liabilities 2012: $2,714,613Net Assets 2012: $961,5042012Assets 2013: $4,731,193Liabilities 2013: $2,992,971Net Assets 2013: $1,738,2222013Assets 2014: $5,717,684Liabilities 2014: $3,471,390Net Assets 2014: $2,246,2942014Assets 2015: $6,068,448Liabilities 2015: $3,529,142Net Assets 2015: $2,539,3062015Assets 2016: $6,675,835Liabilities 2016: $3,557,751Net Assets 2016: $3,118,0842016Assets 2017: $9,697,935Liabilities 2017: $5,966,077Net Assets 2017: $3,731,8582017Assets 2018: $10,190,406Liabilities 2018: $6,081,455Net Assets 2018: $4,108,9512018Assets 2019: $6,331,800Liabilities 2019: $1,863,692Net Assets 2019: $4,468,1082019Assets 2020: $9,672,459Liabilities 2020: $4,412,490Net Assets 2020: $5,259,9692020Assets 2021: $10,997,884Liabilities 2021: $4,534,845Net Assets 2021: $6,463,0392021Assets 2022: $11,128,381Liabilities 2022: $4,824,919Net Assets 2022: $6,303,4622022Assets 2023: $12,545,664Liabilities 2023: $4,831,265Net Assets 2023: $7,714,3992023

Highlighted filing

2019

Assets$6,331,800
Liabilities$1,863,692
Net Assets$4,468,108

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$20M$15M$10M$5.0M$0Revenue 2011: $11,982,038Expenses 2011: $11,903,887Net Income 2011: $78,1512011Expenses 2012: $11,805,8182012Expenses 2013: $12,205,2972013Revenue 2014: $13,128,434Expenses 2014: $12,664,644Net Income 2014: $463,7902014Revenue 2015: $12,991,090Expenses 2015: $12,562,573Net Income 2015: $428,5172015Revenue 2016: $13,248,377Expenses 2016: $12,846,817Net Income 2016: $401,5602016Revenue 2017: $13,490,087Expenses 2017: $13,028,675Net Income 2017: $461,4122017Revenue 2018: $13,657,286Expenses 2018: $13,359,705Net Income 2018: $297,5812018Revenue 2019: $13,892,145Expenses 2019: $13,563,379Net Income 2019: $328,7662019Revenue 2020: $3,471,560Expenses 2020: $2,987,050Net Income 2020: $484,5102020Revenue 2021: $13,321,599Expenses 2021: $12,485,448Net Income 2021: $836,1512021Revenue 2022: $16,554,167Expenses 2022: $15,521,858Net Income 2022: $1,032,3092022Revenue 2023: $17,405,479Expenses 2023: $16,415,798Net Income 2023: $989,6812023

Highlighted filing

2019

Revenue$13,892,145
Expenses$13,563,379
Net Income$328,766
Jump To
Filing Snapshot
Filing Period
Oct 1, 2018 to Sep 30, 2019
Signed
Jul 14, 2020
Return Version
2018v3.2
Gross Receipts
$13,943,227
Mission and Program Overview

Mission

The primary purpose of the foundation is the promotion of social welfare for the community of new orleans by promoting, managing, and sponsoring an annual pga tour golf tournament.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$3,653,079$3,909,698▲ $256,619
Accounts Receivable$982,335$1,154,331▲ $171,996
Savings and Temporary Cash Investments$5,099,233$894,144▼ $4,205,089
Cash and Non-Interest-Bearing Accounts$446,835$358,805▼ $88,030
Prepaid Expenses and Deferred Charges$8,924$14,822▲ $5,898
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$10,190,406$6,331,800▼ $3,858,606
Liabilities
Grants Payable$1,443,000$1,545,000▲ $102,000
Accounts Payable and Accrued Expenses$336,940$241,170▼ $95,770
Deferred Revenue$4,301,515$77,522▼ $4,223,993
Total Liabilities$6,081,455$1,863,692▼ $4,217,763
Net Assets / Fund Balance
Unrestricted Net Assets$4,108,951$4,468,108▲ $359,157
Total Net Assets Fund Balance$4,108,951$4,468,108▲ $359,157
Total Liabilities and Net Assets / Fund Balance$10,190,406$6,331,800▼ $3,858,606

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$0$687,768$687,768
Equipment$0$253,367$253,367
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Steve WorthyC.e.o.FT$260,000$129,344$389,344
Chris KenyonVP of Sales & MarketingFT$140,000$41,589$181,589

Board Members and Trustees

NameTitle
David PerlisChairman
Brian CheramieVice Chairman
Chav PierceDirector
Darrah SchaeferDirector
Gordy RushDirector
Mark RomigDirector
Mickey ParentonDirector
Peggy ColemanDirector
Tristan MantheyDirector
David GalloEx-officio

Highest Paid Contractors

ContractorServicesLocationCompensation
T&b EquipmentScaffolding/bleachers/decking11065 LEADBETTER RD, Ashland, GA 30168$717,022
ProteusTent Vendor6727 OAK RIDGE COMMERCE WAY, Austell, GA 30168$330,724
Patton's Caterers INCCatering127 CLEVELAND AVE, Slidell, LA 70458$276,990
Montgomery Stire PartnersAdvertising1082 WHITETAIL DRIVE, Mandeville, LA 70448$192,529
Clayton Floor CoveringFacility Rental6991 E CAMELBACK C152, Scottsdale, AZ 85251$134,255
Revenue and Support

Revenue Composition

Contributions and Grants
$852,654
Program Service Revenue
$12,583,195
Investment Income
$250,748
Other Revenue
$205,548
All Other Contributions
$301,502
Change in Net Assets
$328,766

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table138$75,309Fair Market Value (FMV)
Total Noncash Contributions138$75,309-

Audited Revenue Reconciliation

Revenue per Audited Statements
$13,892,145
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$45,012
Total Revenue per Audited Statements
$13,937,157
Total Revenue per Form 990
$13,892,145
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$10,923,256
Grants and Similar Amounts Paid$1,649,408
Salaries, Compensation, and Employee Benefits$990,715
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,649,408--$1,649,408
Current Officers, Directors, Trustees, and Key Employees$410,989$159,944-$570,933
Other Expenses$338,317--$338,317
Occupancy$145,579$96,086-$241,665
Other Salaries and Wages$169,606$66,005-$235,611
Advertising$195,375--$195,375
Office Expenses$94,277$57,530-$151,807
Other Employee Benefits$85,207$33,160-$118,367
Insurance$75,028--$75,028
All Other Expenses-$66,380-$66,380
Payroll Taxes$34,173$13,299-$47,472
Fees for Services Accounting$20,016--$20,016
Pension Plan Contributions$13,196$5,136-$18,332
Travel$12,128--$12,128
Total Functional Expenses$13,065,839$497,540$0$13,563,379

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$13,578,003
Expenses per Audited Statements$13,563,379
Total Expenses per Form 990$13,563,379
Expenses Not Reported on Form 990$14,624
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
CHILDREN'S HOSPITALNew Orleans, LA501(c)(3)General Assistance$250,000
Educare New OrleansNew Orleans, LA501(c)(3)General Assistance$200,000
Greater New Orleans FoundationNew Orleans, LA501(c)(3)General Assistance$150,000
First Tee of Greater New OrleansNew Orleans, LA501(c)(3)Support Youth Development$75,000
OUR LADY OF THE LAKE CHILDREN'S HOSPITALBaton Rouge, LA501(c)(3)General Assistance$50,000
First Tee of Baton RougeBaton Rouge, LA501(c)(3)General Assistance$25,000
Lighthouse LouisianaNew Orleans, LA501(c)(3)General Assistance$25,000
Boys Hope Girls Hope of Greater New OrleansNew Orleans, LA501(c)(3)General Assistance$15,000
Raintree Children and Family ServicesNew Orleans, LA501(c)(3)General Assistance$15,000
The Chartwell CenterNew Orleans, LA501(c)(3)General Assistance$15,000
The Emerge CenterBaton Rouge, LA501(c)(3)General Assistance$15,000
ST MARY'S RESIDENTIAL TRAINING SCHOOLAlexandria, LA501(c)(3)General Assistance$13,000
Start the Adventure in ReadingNew Orleans, LA501(c)(3)General Assistance$12,500
50 LegsLithia, FL501(c)(3)General Assistance$12,000
Brave Heart - Children in NeedBaton Rouge, LA501(c)(3)General Assistance$10,000
CHILDREN'S ADVOCACY CENTER - HOPE HOUSECovington, LA501(c)(3)General Assistance$10,000
CHILDREN'S BUREAU OF NEW ORLEANSNew Orleans, LA501(c)(3)General Assistance$10,000
Catholic Charities - Cornerstone KidsNew Orleans, LA501(c)(3)General Assistance$10,000
Excite All StarsNew Orleans, LA501(c)(3)General Assistance$10,000
Friends Helping KidsMandeville, LA501(c)(3)General Assistance$10,000
Golden Meadow Lions ClubGolden Meadow, LA501(c)(3)General Assistance$10,000
Holy Rosary Academy & High SchoolNew Orleans, LA501(c)(3)General Assistance$10,000
Louisiana Pulmonary Disease Camp - Camp PelicanNew Orleans, LA501(c)(3)General Assistance$10,000
Muscular Dystrophy Association of Southeast LouisianaMetairie, LA501(c)(3)General Assistance$10,000
New Orleans Speech and Hearing CenterNew Orleans, LA501(c)(3)General Assistance$10,000
OchsnerNew Orleans, LA501(c)(3)General Assistance$10,000
Plaquemines Care CenterBelle Chasse, LA501(c)(3)General Assistance$10,000
Raphael AcademyNew Orleans, LA501(c)(3)General Assistance$10,000
Sunshine KidsHouston, TX501(c)(3)General Assistance$10,000
The Bright School for the DeafNew Orleans, LA501(c)(3)General Assistance$10,000
The Roots of MusicNew Orleans, LA501(c)(3)General Assistance$10,000
Volunteers of America Greater New OrleansNew Orleans, LA501(c)(3)General Assistance$10,000
Youth Empowerment ProjectNew Orleans, LA501(c)(3)General Assistance$10,000
A'S AND ACESNew Orleans, LA501(c)(3)General Assistance$7,500
Apex Youth CenterNew Orleans, LA501(c)(3)General Assistance$7,500
Breakthrough New OrleansNew Orleans, LA501(c)(3)General Assistance$7,500
Covenant HouseNew Orleans, LA501(c)(3)General Assistance$7,500
First Louisiana MississippiMetairie, LA501(c)(3)General Assistance$7,500
Foundation for WomansBaton Rouge, LA501(c)(3)General Assistance$7,500
JEWISH CHILDREN'S REGIONAL SERVICEMetairie, LA501(c)(3)General Assistance$7,500
James Storehouse LouisianaCovington, LA501(c)(3)General Assistance$7,500
Youth Service Bureau of St TammanyCovington, LA501(c)(3)General Assistance$7,500
826 New Orleans - Formerly Big ClassNew Orleans, LA501(c)(3)General Assistance$5,000
Boys & Girls Clubs of Greater Baton RougeBaton Rouge, LA501(c)(3)General Assistance$5,000
Boys & Girls Clubs of Southeast LouisianaNew Orleans, LA501(c)(3)General Assistance$5,000
Boys Town LouisianaNew Orleans, LA501(c)(3)General Assistance$5,000
Camp ChallengeNew Orleans, LA501(c)(3)General Assistance$5,000
Casa JeffersonMetairie, LA501(c)(3)General Assistance$5,000
Casa New OrleansNew Orleans, LA501(c)(3)General Assistance$5,000
Elevate USANew Orleans, LA501(c)(3)General Assistance$5,000
JOJO'S HOPEMandeville, LA501(c)(3)General Assistance$5,000
Live Oak CampNew Orleans, LA501(c)(3)General Assistance$5,000
Louisiana Restaurant Association Education FoundationMetairie, LA501(c)(3)General Assistance$5,000
MCMAIN'S CHILDREN'S DEVELOPMENT CENTERBaton Rouge, LA501(c)(3)General Assistance$5,000
Play Build NolaNew Orleans, LA501(c)(3)General Assistance$5,000
Ymca of Greater New OrleansNew Orleans, LA501(c)(3)General Assistance$5,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$75,911
Gaming Gross Income$49,980
Fundraising Direct Expenses$14,624
Gaming Direct Expenses$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Charity Golf Tournament$75,911$47,311$8,441$38,870
Golf Auction Revenue$36,038$28,600$2,425$26,175
Total Events$111,949$75,911$14,624$61,287
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
Yes
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
No
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

The president and the treasurer review the form 990 upon completion.

Form 990, Part VI, Section B, Line 15

Compensation and bonuses are approved by independent members of the board and a written contract is issued. These decisions are contemporaneously documented.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Forekids Foundation Inc
EIN
58-1940111
Phone
5043423000
Address
11005 LAPALCO BLVD, AVONDALE, LA 70094

Signing Officer

Name
Steve Worthy
Title
CEO
Phone
5043423000
Signed
2020-07-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Steve Worthy
Formed
1958
Legal Domicile
La
Voting Board Members
10
Independent Board Members
10
Employees
10
Volunteers
1,084

Preparer

Firm
Carr Riggs & Ingram LLC
Address
200-B GREENLEAVES BLVD, MANDEVILLE, LA 70448
Preparer
Ryan Kruse CPA
Phone
9856268299
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The process has not changed from prior year.

Financial Statement Notes

PART X, LINE 2:

The foundation is exempt from federal income tax under section 501(c)(3) of the internal revenue code. However, income from certain activities not directly related to the foundation's tax-exempt purpose is subject to taxation as unrelated business income. As of december 31, 2019 and 2018, there have been no such amounts. In addition, fore!kids foundation, inc. Qualifies for the charitable contribution deduction under section 170(b)(1)(a) and has been classified as an organization other than a private foundation under section 509(a)(2). Accounting principles generally accepted in the united states of america require the foundation's management to evaluate tax positions taken by the foundation and recognize a liability if the foundation has taken an uncertain position that more likely than not would be sustained upon examination by the internal revenue service. The foundation's management has analyzed the tax positions taken, and has concluded that as of september 30, 2019, there are no uncertain tax positions taken or expected to be taken that would require recognition of a liability or disclosure in the financial statements.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Fundraising expenses netted with revenue 14,624.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Fundraising expenses netted with revenue 14,624.

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IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1046344
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1116589
IRS990/Form990PartVIISectionAGrp/PersonNm0BRIAN CHERAMIE
IRS990/Form990PartVIISectionAGrp/PersonNm1DAVID GALLO
IRS990/Form990PartVIISectionAGrp/PersonNm2TRISTAN MANTHEY
IRS990/Form990PartVIISectionAGrp/PersonNm3PEGGY COLEMAN
IRS990/Form990PartVIISectionAGrp/PersonNm4CHAV PIERCE
IRS990/Form990PartVIISectionAGrp/PersonNm5MICKEY PARENTON
IRS990/Form990PartVIISectionAGrp/PersonNm6DAVID PERLIS
IRS990/Form990PartVIISectionAGrp/PersonNm7MARK ROMIG
IRS990/Form990PartVIISectionAGrp/PersonNm8DARRAH SCHAEFER
IRS990/Form990PartVIISectionAGrp/PersonNm9GORDY RUSH
IRS990/Form990PartVIISectionAGrp/PersonNm10STEVE WORTHY
IRS990/Form990PartVIISectionAGrp/PersonNm11CHRIS KENYON
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10343000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt11165000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/TitleTxt0VICE CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1EX-OFFICIO
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10C.E.O.
IRS990/Form990PartVIISectionAGrp/TitleTxt11VP OF SALES & MARKETING
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01958
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt036038
IRS990/FundraisingDirectExpensesAmt014624
IRS990/FundraisingGrossIncomeAmt075911
IRS990/GainOrLossGrp/SecuritiesAmt088054
IRS990/GamingActivitiesInd00
IRS990/GamingDirectExpensesAmt00
IRS990/GamingGrossIncomeAmt049980
IRS990/GoverningBodyVotingMembersCnt010
IRS990/GovernmentGrantsAmt0515114
IRS990/GrantAmt01649408
IRS990/GrantsPayableGrp/BOYAmt01443000
IRS990/GrantsPayableGrp/EOYAmt01545000
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt01649408
IRS990/GrantsToDomesticOrgsGrp/TotalAmt01649408
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0124512
IRS990/GrossReceiptsAmt013943227
IRS990/GrossRentsGrp/RealAmt090445
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt010
IRS990/IndivRcvdGreaterThan100KCnt02
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt075028
IRS990/InsuranceGrp/TotalAmt075028
IRS990/InvestmentIncomeGrp/ExclusionAmt0162694
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0162694
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt03653079
IRS990/InvestmentsPubTradedSecGrp/EOYAmt03909698
IRS990/IRPDocumentCnt026
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0941135
IRS990/LandBldgEquipBasisNetGrp/BOYAmt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LandBldgEquipCostOrOtherBssAmt0941135
IRS990/LegalDomicileStateCd0LA
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt036458
IRS990/LessRentalExpensesGrp/RealAmt00
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE PRIMARY PURPOSE OF THE FOUNDATION IS THE PROMOTION OF SOCIAL WELFARE FOR THE COMMUNITY OF NEW ORLEANS BY PROMOTING, MANAGING, AND SPONSORING AN ANNUAL PGA TOUR GOLF TOURNAMENT.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt04108951
IRS990/NetAssetsOrFundBalancesEOYAmt04468108
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt088054
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt088054
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt061287
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt061287
IRS990/NetIncomeFromGamingGrp/ExclusionAmt049980
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt049980
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt090445
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt090445
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt030391
IRS990/NoncashContributionsAmt075309
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt096086
IRS990/OccupancyGrp/ProgramServicesAmt0145579
IRS990/OccupancyGrp/TotalAmt0241665
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt057530
IRS990/OfficeExpensesGrp/ProgramServicesAmt094277
IRS990/OfficeExpensesGrp/TotalAmt0151807
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt033160
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt085207
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0118367
IRS990/OtherExpensesGrp/Desc0PRIZES TO PROFESSIONALS
IRS990/OtherExpensesGrp/Desc1TENT/VENUE EXPENSE
IRS990/OtherExpensesGrp/Desc2CYPRESS SUITES
IRS990/OtherExpensesGrp/Desc3EQUIPMENT/TOURN WEEK
IRS990/OtherExpensesGrp/ProgramServicesAmt07300000
IRS990/OtherExpensesGrp/ProgramServicesAmt11769618
IRS990/OtherExpensesGrp/ProgramServicesAmt2752922
IRS990/OtherExpensesGrp/ProgramServicesAmt3338317
IRS990/OtherExpensesGrp/TotalAmt07300000
IRS990/OtherExpensesGrp/TotalAmt11769618
IRS990/OtherExpensesGrp/TotalAmt2752922
IRS990/OtherExpensesGrp/TotalAmt3338317
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt03836
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt03836
IRS990/OtherRevenueTotalAmt03836
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt066005
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0169606
IRS990/OtherSalariesAndWagesGrp/TotalAmt0235611
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt013299
IRS990/PayrollTaxesGrp/ProgramServicesAmt034173
IRS990/PayrollTaxesGrp/TotalAmt047472
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt05136
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt013196
IRS990/PensionPlanContributionsGrp/TotalAmt018332
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt08924
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt014822
IRS990/PrincipalOfficerNm0STEVE WORTHY
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0TOURNAMENT
IRS990/ProgramServiceRevenueGrp/Desc1MEMBERSHIP DUES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt012462551
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1120644
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt012462551
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1120644
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0664762
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt01591410
IRS990/PYInvestmentIncomeAmt0237626
IRS990/PYOtherExpensesAmt010767969
IRS990/PYOtherRevenueAmt0138189
IRS990/PYProgramServiceRevenueAmt012616709
IRS990/PYRevenuesLessExpensesAmt0297581
IRS990/PYSalariesCompEmpBnftPaidAmt01000326
IRS990/PYTotalExpensesAmt013359705
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt013657286
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0328766
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt090445
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt012677476
IRS990/SavingsAndTempCashInvstGrp/BOYAmt05099233
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0894144
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0852654
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0664762
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0839369
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0908089
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt01032885
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt04297759
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0250748
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0237626
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0144255
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt089418
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt064015
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0786062
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt012677476
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt012696709
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt012569106
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt012260197
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt011804222
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt062007710
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt0125891
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt093465
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt074642
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt0140175
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus4YearsAmt0196772
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt0630945
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0250748
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0237626
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0144255
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt089418
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt064015
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0786062
IRS990ScheduleA/InvestmentIncomeCYPct00.01160
IRS990ScheduleA/InvestmentIncomePYPct00.00910
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.71400
IRS990ScheduleA/PublicSupportPY509Pct00.71740
IRS990ScheduleA/PublicSupportTotal509Amt048351140
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt03813432
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt03765574
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt03716226
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt03668521
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt03621521
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt018585274
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearAmt03813432
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus1YearAmt03765574

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$12.5$4.83$7.71$17.4$16.4$0.99
2022Summary only. Only limited summary data is available for this year.$11.1$4.82$6.30$16.6$15.5$1.03
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.0$4.53$6.46$13.3$12.5$0.84
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.67$4.41$5.26$3.47$2.99$0.48
2019Detailed filing. Detailed filing data is available for this year.$6.33$1.86$4.47$13.9$13.6$0.33
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.2$6.08$4.11$13.7$13.4$0.30
2017Summary only. Only limited summary data is available for this year.$9.70$5.97$3.73$13.5$13.0$0.46
2016Summary only. Only limited summary data is available for this year.$6.68$3.56$3.12$13.2$12.8$0.40
2015Detailed filing. Detailed filing data is available for this year.$6.07$3.53$2.54$13.0$12.6$0.43
2014Detailed filing. Detailed filing data is available for this year.$5.72$3.47$2.25$13.1$12.7$0.46
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.73$2.99$1.74$12.2
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.68$2.71$0.96$11.8
2011Summary only. Only limited summary data is available for this year.$2.63$2.27$0.36$12.0$11.9$0.08