Civic Intelligence

Unknown Organization

990 • Fiscal year 2013 • EIN 58-2572776

Jan 01, 2013 to Dec 31, 2013 • Filed on Nov 17, 2014

One Golf Club DriveSuite30005

(770) 644-8644

Siviq Scores

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

Liabilities / Assets

99th percentile

1.26x

Higher debt load relative to assets than 99% of similar nonprofits.

2013 filings • 501(c)7 • $25M-$50M nonprofits • Source year 2013

Liabilities / Revenue

90th percentile

5.34x

Higher debt load relative to revenue than 90% of similar nonprofits.

2013 filings • $25M-$50M nonprofits • Source year 2013

Net Margin

10th percentile

-27%

Higher net margin than 10% of similar nonprofits.

2013 filings • $25M-$50M nonprofits • Source year 2013

Top Officer Pay

68th percentile

$252,297

Higher top officer pay than 68% of similar nonprofits.

Top officer pay equals 4.0% of source-year revenue.

2013 filings • $25M-$50M nonprofits • Source year 2013

Asset Growth

2nd percentile

-5.3%

Faster asset growth than 2% of similar nonprofits.

2013 filings • 501(c)7 • $25M-$50M nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Assets

Down

$26,771,526

Down $1,512,590 (-5.3%) from 2012

Net Assets

Down

-$6,965,995

Down $1,911,036 (-38%) from 2012

Liabilities

Up

$33,737,521

Up $398,446 (+1.2%) from 2012

Revenue

$6,320,425

No earlier filing loaded for comparison.

Expenses

Down

$7,998,291

Down $1,504,832 (-16%) from 2012

Net Income

-$1,677,866

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$40M$20M$0-$20MAssets 2010: $31,560,887Liabilities 2010: $33,261,705Net Assets 2010: -$1,700,8182010Assets 2011: $30,545,352Liabilities 2011: $33,278,126Net Assets 2011: -$2,732,7742011Assets 2012: $28,284,116Liabilities 2012: $33,339,075Net Assets 2012: -$5,054,9592012Assets 2013: $26,771,526Liabilities 2013: $33,737,521Net Assets 2013: -$6,965,9952013

Highlighted filing

2013

Assets$26,771,526
Liabilities$33,737,521
Net Assets-$6,965,995

Operations Trend

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

$10M$5.0M$0-$5.0MExpenses 2010: $9,334,9102010Expenses 2011: $9,602,6512011Expenses 2012: $9,503,1232012Revenue 2013: $6,320,425Expenses 2013: $7,998,291Net Income 2013: -$1,677,8662013

Highlighted filing

2013

Revenue$6,320,425
Expenses$7,998,291
Net Income-$1,677,866
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Nov 17, 2014
Return Version
2013v3.1
Gross Receipts
$7,420,390
Mission and Program Overview

Mission

The golf club of georgia is a member owned private club, whose members and staff foster a philosophy that embraces the wonderful traditions of the game of golf. The club will provide an exceptional golf and clubhouse experience for all members and guests. The club will maintain the highest standards of excellence in environmentally conscious golf course conditions. The club will nurture an atmosphere that allows members, guests, and staff to work together for the good of the game and the club with a sense of mutual respect and support. The golf club of georgia will always strive to be perfect for those who love golf and respect its traditions.

Provide an exceptional golf & clubhouse experience for all members, while maintaining the highest standards of excellence in environmentally conscious golf course conditions.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$13,180,097$12,262,684▼ $917,413
Accounts Receivable$1,537,413$1,088,802▼ $448,611
Cash and Non-Interest-Bearing Accounts$34,376$424,004▲ $389,628
Inventories for Sale or Use$273,799$222,740▼ $51,059
Prepaid Expenses and Deferred Charges$347,417$177,720▼ $169,697
Other Notes and Loans Receivable, Net$82,647$14,582▼ $68,065
Savings and Temporary Cash Investments$252,684$5,311▼ $247,373
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$28,284,116$26,771,526▼ $1,512,590
Other Assets Total$12,575,683$12,575,683→ $0
Liabilities
Mortgage Notes Payable Secured by Investment Property$32,132,185$32,005,265▼ $126,920
Accounts Payable and Accrued Expenses$846,439$1,010,605▲ $164,166
Deferred Revenue$334,196$382,961▲ $48,765
Other Liabilities$26,255$338,690▲ $312,435
Grants Payable$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$33,339,075$33,737,521▲ $398,446
Net Assets / Fund Balance
Permanently Rstr Net Assets$0$0→ $0
Temporarily Rstr Net Assets$0$0→ $0
Unrestricted Net Assets$-5,054,959$-6,965,995▼ $1,911,036
Total Net Assets Fund Balance$-5,054,959$-6,965,995▼ $1,911,036
Total Liabilities and Net Assets / Fund Balance$28,284,116$26,771,526▼ $1,512,590

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$8,870,136$6,174,818$15,044,954
Buildings$1,068,139$6,102,545$7,170,684
Equipment$445,262$1,519,414$1,964,676
Land$1,879,147-$1,879,147
Other Assets Org$12,575,683--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Randy WaldronCo-General Manager/Director Golf CoFT$243,751$8,546$252,297
Dusty DevoreBoard Member/Grounds Chairman-$243,751$8,546$252,297
Jeffrey PatonCO-GENERAL MANAGER/Director golf coFT$172,294$6,048$178,342
Don DuckworthBoard Member-$172,294$6,048$178,342
Fred LivingstonBoard Member-$77,644$9,187$86,831

Board Members and Trustees

NameTitle
Jack AlbaneseBoard Member/House Chairman
Ken CorneliusBoard Member/Mem'ship Chairman
Don MillerBoard Member
Mark SixourBoard Member
Rick AndersonBoard Member
Scott SmithBoard Member
Cheryl HowardController
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$5,059,932
Investment Income
$137
Other Revenue
$1,260,356
Change in Net Assets
$-1,677,866
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$4,388,118
Other Expenses$3,610,173
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$3,220,449
Depreciation Depletion---$1,044,072
Occupancy---$1,010,068
Office Expenses---$576,494
Current Officers, Directors, Trustees, and Key Employees---$493,689
Other Employee Benefits---$351,970
Fees for Services Other---$323,678
Payroll Taxes---$277,720
Other Expenses---$246,994
Insurance---$84,640
Travel---$58,850
Pension Plan Contributions---$44,290
All Other Expenses---$42,874
Fees for Services Accounting---$29,000
Fees for Services Legal---$7,467
Information Technology---$4,566
Fees for Service Investment Mgmnt Fees---$2,111
Total Functional Expenses$0$0$0$7,998,291
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
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Other Liabilities$184,657
Taxes Payable$154,033
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 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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Part VI, Section A, Line 6

The Membership of the Club shall consist of but not limited to the following categories: (a) Individual Golf Memberships; (b) Junior Memberships; (c) Corporate Memberships; (d) Team Memberships; (e) Invitational Memberships; and (f) Honorary Memberships. The voting members of the Club shall consist of (a) those members, and those Corporate Add-On Designees and Spousal Add-On Designees who are members of record and in good standing who timely elected and became Charter Members of the Club pursuant to the Charter Membership Program adopted by the Board of Directors in connection with the acquisition of the improved real property and other assets of the Club and (b) those members of record and in good standing who acquire voting memberships and become Voting Members of the Club following the expiration of the Charter Membership Program. Each Voting Member shall be entitled to one vote and shall have such other rights and interests as are prescribed in these Bylaws. The Corporate Primary Designee of any corporate member shall exercise the voting rights held by that corporate member.

Part VI, Section A, Line 7A & B

Voting members may elect one or more members of the governing body. The Board of Directors shall not have the authority, without first obtaining the affirmative vote of at least two-thirds (2/3rds) of all members of the Board of Directors and a majority of the votes cast, either in person, by proxy if permitted by the Board of Directors, or by written ballot at a meeting of the Voting Members at which a quorum is present, to enter into an individual transaction or series of contemplated transactions in excess of four hundred thousand dollars ($400,000.00), including the purchase and/or lease of capital equipment(but excluding golf carts leased under operating leases) in excess of four hundred thousand dollars ($400,000.00) in the aggregate in any one fiscal year.

Part VI, Section B, Line 11

The tax return is prepared by an independent CPA firm and then reviewed by the Treasurer of the Board.

Part VI, Section B, Line 12C

The organization regularly and consistently monitors and enforces compliance with the conflict of interest policy by requiring all board members to sign the "conflict of interest" policy annually.

Part VI, Section B, Line 15A & B

Board of Directors must approve general manager compensation and all bonus packages when provided. Competitive salary surveys are referenced during the process.

Part VI, Section C, Line 19

The financial statements and conflict of interest policy are made available to the public by request only. All new members are given a copy of the by-laws when they become a member and receive amended bylaws if they are changed.

Filing and Contact Details

Filer

EIN
58-2572776
In Care Of
% RICH DENNIS
Phone
7706448644

Signing Officer

Name
Rich Dennis
Title
Board Member
Phone
7702554327
Signed
2014-11-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rich Dennis
Formed
2000
Legal Domicile
Ga
Voting Board Members
9
Independent Board Members
9
Employees
153
Volunteers
0

Preparer

Preparer
Tim F Agnew
Phone
7702554327
Supplemental Narrative

Additional Explanations

Part XI, Line 9

Other changes in net assets or fund balances: Reclassify Refundable Payment due to Reinstated Members ($233,170)

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/MissionDesc0THE GOLF CLUB OF GEORGIA IS A MEMBER OWNED PRIVATE CLUB, WHOSE MEMBERS AND STAFF FOSTER A PHILOSOPHY THAT EMBRACES THE WONDERFUL TRADITIONS OF THE GAME OF GOLF. THE CLUB WILL PROVIDE AN EXCEPTIONAL GOLF AND CLUBHOUSE EXPERIENCE FOR ALL MEMBERS AND GUESTS. THE CLUB WILL MAINTAIN THE HIGHEST STANDARDS OF EXCELLENCE IN ENVIRONMENTALLY CONSCIOUS GOLF COURSE CONDITIONS. THE CLUB WILL NURTURE AN ATMOSPHERE THAT ALLOWS MEMBERS, GUESTS, AND STAFF TO WORK TOGETHER FOR THE GOOD OF THE GAME AND THE CLUB WITH A SENSE OF MUTUAL RESPECT AND SUPPORT. THE GOLF CLUB OF GEORGIA WILL ALWAYS STRIVE TO BE PERFECT FOR THOSE WHO LOVE GOLF AND RESPECT ITS TRADITIONS.
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IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt112500
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IRS990/PayrollTaxesGrp/TotalAmt0277720
IRS990/PensionPlanContributionsGrp/TotalAmt044290
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IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0177720
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IRS990/ProgramServiceRevenueGrp/Desc0MEMBERSHIP DUES
IRS990/ProgramServiceRevenueGrp/Desc1PRO-SHOP
IRS990/ProgramServiceRevenueGrp/Desc2GOLF OPERATIONS
IRS990/ProgramServiceRevenueGrp/Desc3FOOD & BEVERAGE
IRS990/ProgramServiceRevenueGrp/Desc4CLUBHOUSE
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt114772
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2909147
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3223307
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt115612
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt21200609
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3273617
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt446727
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt0840
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt1291462
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt250310
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IRS990/PYOtherRevenueAmt02512776
IRS990/PYProgramServiceRevenueAmt06037910
IRS990/PYRevenuesLessExpensesAmt0-951758
IRS990/PYSalariesCompEmpBnftPaidAmt04409065
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IRS990/ReportLandBuildingEquipmentInd0true
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IRS990/SavingsAndTempCashInvstGrp/BOYAmt0252684
IRS990/SavingsAndTempCashInvstGrp/EOYAmt05311
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IRS990ScheduleD/BuildingsGrp/BookValueAmt01068139
IRS990ScheduleD/BuildingsGrp/DepreciationAmt06102545
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt07170684
IRS990ScheduleD/EquipmentGrp/BookValueAmt0445262
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01519414
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01964676
IRS990ScheduleD/FederalIncomeTaxLiabilityAmt00
IRS990ScheduleD/LandGrp/BookValueAmt01879147
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01879147
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt012575683
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0GOODWILL (NET OF ACCUM. AMORT)
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt08870136
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt06174818
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TAXES PAYABLE
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IRS990ScheduleD/TotalBookValueOtherAssetsAmt012575683
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1172294
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt06048
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt16048
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Randy Waldron
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1Jeffrey Paton
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0Co-General Manager/Dir Golf Co
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1CO-GENERAL MANAGER/dir golf co
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt1178342
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SubstantiationRequiredInd0true
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0Jeff Paton, Randy Waldron, and Cheryl Howard have access to a discretionary spending account. Any amount above $1,000 requires a purchase order.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0Discretionary Spending Account
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990ScheduleJ/WrittenEmploymentContractInd0X
IRS990ScheduleJ/WrittenPolicyRefTAndEExpnssInd0true
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Membership of the Club shall consist of but not limited to the following categories: (a) Individual Golf Memberships; (b) Junior Memberships; (c) Corporate Memberships; (d) Team Memberships; (e) Invitational Memberships; and (f) Honorary Memberships. The voting members of the Club shall consist of (a) those members, and those Corporate Add-On Designees and Spousal Add-On Designees who are members of record and in good standing who timely elected and became Charter Members of the Club pursuant to the Charter Membership Program adopted by the Board of Directors in connection with the acquisition of the improved real property and other assets of the Club and (b) those members of record and in good standing who acquire voting memberships and become Voting Members of the Club following the expiration of the Charter Membership Program. Each Voting Member shall be entitled to one vote and shall have such other rights and interests as are prescribed in these Bylaws. The Corporate Primary Designee of any corporate member shall exercise the voting rights held by that corporate member.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Voting members may elect one or more members of the governing body. The Board of Directors shall not have the authority, without first obtaining the affirmative vote of at least two-thirds (2/3rds) of all members of the Board of Directors and a majority of the votes cast, either in person, by proxy if permitted by the Board of Directors, or by written ballot at a meeting of the Voting Members at which a quorum is present, to enter into an individual transaction or series of contemplated transactions in excess of four hundred thousand dollars ($400,000.00), including the purchase and/or lease of capital equipment(but excluding golf carts leased under operating leases) in excess of four hundred thousand dollars ($400,000.00) in the aggregate in any one fiscal year.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The tax return is prepared by an independent CPA firm and then reviewed by the Treasurer of the Board.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The organization regularly and consistently monitors and enforces compliance with the conflict of interest policy by requiring all board members to sign the "conflict of interest" policy annually.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Board of Directors must approve general manager compensation and all bonus packages when provided. Competitive salary surveys are referenced during the process.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5The financial statements and conflict of interest policy are made available to the public by request only. All new members are given a copy of the by-laws when they become a member and receive amended bylaws if they are changed.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Other changes in net assets or fund balances: Reclassify Refundable Payment due to Reinstated Members ($233,170)
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part VI, Section A, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part VI, Section A, Line 7a & b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Part VI, Section B, Line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Part VI, Section B, Line 15a & b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Part XI, Line 9
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine10GCGA Inc
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine10Friends of the Georgia Cup Inc
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0043615606
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(c)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0GA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0golf tour.
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt07
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine10One Golf Club Drive
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/City0Alpharetta
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/State0GA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCode030005
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false

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