Liabilities / Assets
87th percentile
Higher debt load relative to assets than 87% of similar nonprofits.
World Golf Foundation Inc.
990 • Fiscal year 2011 • EIN 59-2998925
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.86x
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on this filing.
Net Margin
Score unavailable
Net margin requires both revenue and expenses on this filing.
Top Officer Pay
Score unavailable
This filing does not contain officer compensation rows.
Asset Growth
74th percentile
Faster asset growth than 74% of similar nonprofits.
Revenue Growth
Score unavailable
No valid filing value is available for this score.
Balance Sheet
Assets
$51,723,601
No earlier filing loaded for comparison.
Net Assets
$7,078,523
No earlier filing loaded for comparison.
Liabilities
$44,645,078
No earlier filing loaded for comparison.
Revenue And Expenses
Revenue
-
No earlier filing loaded for comparison.
Expenses
$32,872,802
No earlier filing loaded for comparison.
Net Income
-
No earlier filing loaded for comparison.
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2011 to Dec 31, 2011
- Signed
- Nov 12, 2012
- Return Version
- 2011v1.3
- Gross Receipts
- $41,835,592
Mission and Program Overview
Mission
To unite the golf industry around initiatives that promote, enhance the growth of and provide access to the game worldwide, while preserving golf's traditional values and passing them on to others. It accomplishes its mission through: 1. We are golf unites and activates the golf industry around key strategic initiatives that increase participation and retention of participants, inspire involvement and interest in the game, and promote sustainable best practices for golf facilities. 2. World golf hall of fame celebrates golf and preserves the legacies of those who have made it great.
Filing and Contact Details
Filer
- EIN
- 59-2998925
Raw XML AppendixShowing 400 of 2,022 raw XML fields
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/ActivityOrMissionDescription | 0 | TO DEVELOP AND SUPPORT INITIATIVES INCLUDING THE HALL OF FAME, THE FIRST TEE, AND GOLF 20/20 THAT POSITIVELY IMPACT LIVES THROUGH THE GAME OF GOLF AND ITS TRADITIONAL VALUES. |
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| IRS990/Description | 0 | World Golf Foundation, Inc. (the "Foundation"), which is supported by major international golf organizations and professional tours, oversees the World Golf Hall of Fame & MUSEUM, The First Tee, GOLF 20/20 and other nonprofit components. The Foundation has a dual mission. The first is to honor the history of golf and the achievements of its greatest individuals (both players and contributors to the game) and to create entertaining and educational exhibits for the enjoyment of the general public. Secondly, the Foundation has undertaken several charitable initiatives including The First Tee and GOLF 20/20. These elements of the Foundation work together to promote growth of the game of golf among adults, youth and minorities as well as in the golf industry. The Foundation is supported by major golf organizations and professional tours throughout the world including: American Junior Golf Association American Society of Golf Course Architects Asian Tour Champions Tour Champions Tour Tournament Association Club Managers Association of America Golf Course Builders Association of America Golf Course Superintendents Association of America Golf Writers Association of America International Association of Golf Administrators Japan Golf Tour Organization Ladies Professional Golf Association LPGA Tournament Owners Association National Golf Course Owners Association National Golf Foundation PGA of America PGA TOUR The PGA European Tour THE MASTERS TOURNAMENT The R&A Royal Canadian Golf Association Southern Africa PGA Tour United States Golf Association Web.com Tour World Golf Hall of Fame & MUSEUM ("WGHOF") opened its museum facility ("Museum") in May 1998 providing visitors an opportunity to learn about the rich history, values and deeply rooted traditions of the game through exhibitry and the Walk of Champions. The World Golf Hall of Fame is housed in the Museum. The World Golf Hall of Fame IMAX Theater provides educational opportunities to area school children and the general public. The WGHOF Museum and facility encompasses approximately 75,000 square feet and holds more than 70 separate exhibits that combine historical artifacts with the latest interactive technology. The artifacts on display are representative of the history of golf and many of the artifacts are on loan to the Foundation from various individuals and golf organizations for use in the Museum. The WGHOF enshrines the greatest players and contributors to the game of golf. Three induction avenues have been created for professional golfers: the PGA TOUR Hall of Fame, the LPGA Hall of Fame, and an International Ballot. A Lifetime Achievement Category also has been created to honor any amateur or other individual deserving of recognition through his or her contribution to the game. Another avenue is the Veterans Category which considers any golf professional who played the bulk of his or her career 30 years prior to the date of induction into the Hall of Fame. Selected players will be enshrined in a special ceremony. The Foundation has undertaken a focused charitable youth development activity entitled "The First Tee." The First Tee teaches life skills through golf education and provides access for youth, regardless of financial status, and makes golf physically accessible; specifically, through the construction of golf facilities in rural and urban areas, the creation of school programming to introduce the game to students and the introduction of the game and its values to individuals who would otherwise not have had the opportunity to truly participate in the game. The First Tee is designed to promote scholastic achievement, community service and the positive values intrinsic to golf. The First Tee program locations target young people up to the age of 18 who have not had exposure to the game. Using golf's unique ability to teach honor, integrity and sportsmanship, The First Tee has developed a National certification program. The strategy for providing increased access invol |
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| IRS990/InformationTechnology/ProgramServices | 0 | 28380 |
| IRS990/InformationTechnology/Total | 0 | 57962 |
| IRS990/Insurance/Fundraising | 0 | 396 |
| IRS990/Insurance/ManagementAndGeneral | 0 | 47546 |
| IRS990/Insurance/ProgramServices | 0 | 1585 |
| IRS990/Insurance/Total | 0 | 49527 |
| IRS990/IntangibleAssets/BOY | 0 | 0 |
| IRS990/IntangibleAssets/EOY | 0 | 0 |
| IRS990/Interest/Fundraising | 0 | 0 |
| IRS990/Interest/ManagementAndGeneral | 0 | 0 |
| IRS990/Interest/ProgramServices | 0 | 1676404 |
| IRS990/Interest/Total | 0 | 1676404 |
| IRS990/InventoriesForSaleOrUse/BOY | 0 | 84872 |
| IRS990/InventoriesForSaleOrUse/EOY | 0 | 109719 |
| IRS990/InvestmentIncomeCurrentYear | 0 | 145065 |
| IRS990/InvestmentIncome/ExclusionAmount | 0 | 251898 |
| IRS990/InvestmentIncomePriorYear | 0 | 854210 |
| IRS990/InvestmentIncome/TotalRevenueColumn | 0 | 252775 |
| IRS990/InvestmentIncome/UnrelatedBusinessRevenue | 0 | 877 |
| IRS990/InvestmentInJointVenture | 0 | false |
| IRS990/InvestmentsOtherSecurities/BOY | 0 | 0 |
| IRS990/InvestmentsOtherSecurities/EOY | 0 | 0 |
| IRS990/InvestmentsProgramRelated/BOY | 0 | 123290 |
| IRS990/InvestmentsProgramRelated/EOY | 0 | 123290 |
| IRS990/InvestmentsPubTradedSecurities/BOY | 0 | 0 |
| IRS990/InvestmentsPubTradedSecurities/EOY | 0 | 0 |
| IRS990/LandBldgEquipmentAccumDeprec | 0 | 32938859 |
| IRS990/LandBuildingsEquipmentBasis | 0 | 53629513 |
| IRS990/LandBuildingsEquipmentBasisNet/BOY | 0 | 21504893 |
| IRS990/LandBuildingsEquipmentBasisNet/EOY | 0 | 20690654 |
| IRS990/LessCostOthBasisSalesExpenses/Other | 0 | 114206 |
| IRS990/LessCostOthBasisSalesExpenses/Securities | 0 | 424218 |
| IRS990/LessRentalExpenses/Personal | 0 | 8837 |
| IRS990/LessRentalExpenses/Real | 0 | 79025 |
| IRS990/LoansFromOfficersDirectors/BOY | 0 | 0 |
| IRS990/LoansFromOfficersDirectors/EOY | 0 | 0 |
| IRS990/LoanToOfficerOrDQP | 0 | false |
| IRS990/LobbyingActivities | 0 | true |
| IRS990/LocalChapters | 0 | false |
| IRS990/MaterialDiversionOrMisuse | 0 | false |
| IRS990/MembersOrStockholders | 0 | false |
| IRS990/MethodOfAccountingAccrual | 0 | X |
| IRS990/MinutesOfCommittees | 0 | true |
| IRS990/MinutesOfGoverningBody | 0 | true |
| IRS990/MissionDescription | 0 | TO DEVELOP AND SUPPORT INITIATIVES INCLUDING THE HALL OF FAME, THE FIRST TEE, AND GOLF 20/20 THAT POSITIVELY IMPACT LIVES THROUGH THE GAME OF GOLF AND ITS TRADITIONAL VALUES. |
| IRS990/MoreThan5000KToIndividuals | 0 | false |
| IRS990/MoreThan5000KToOrganizations | 0 | true |
| IRS990/MortNotesPyblSecuredInvestProp/BOY | 0 | 5592777 |
| IRS990/MortNotesPyblSecuredInvestProp/EOY | 0 | 5792777 |
| IRS990/NameOfForeignCountry | 0 | KS |
| IRS990/NameOfPrincipalOfficerPerson | 0 | STEPHEN F MONA |
| IRS990/NbrIndependentVotingMembers | 0 | 8 |
| IRS990/NbrVotingGoverningBodyMembers | 0 | 8 |
| IRS990/NbrVotingMembersGoverningBody | 0 | 8 |
| IRS990/NetAssetsOrFundBalancesBOY | 0 | -884172 |
| IRS990/NetAssetsOrFundBalancesEOY | 0 | 7078523 |
| IRS990/NetGainOrLossInvestments/ExclusionAmount | 0 | -107710 |
| IRS990/NetGainOrLossInvestments/TotalRevenueColumn | 0 | -107710 |
| IRS990/NetIncomeFromFundraisingEvents/ExclusionAmount | 0 | -10788 |
| IRS990/NetIncomeFromFundraisingEvents/TotalRevenueColumn | 0 | -10788 |
| IRS990/NetIncomeFromGaming/TotalRevenueColumn | 0 | 0 |
| IRS990/NetIncomeOrLoss/ExclusionAmount | 0 | 168435 |
| IRS990/NetIncomeOrLoss/RelatedOrExemptFunctionIncome | 0 | 158911 |
| IRS990/NetIncomeOrLoss/TotalRevenueColumn | 0 | 502326 |
| IRS990/NetIncomeOrLoss/UnrelatedBusinessRevenue | 0 | 174980 |
| IRS990/NetRentalIncomeOrLoss/ExclusionAmount | 0 | 31659 |
| IRS990/NetRentalIncomeOrLoss/TotalRevenueColumn | 0 | 13531 |
| IRS990/NetRentalIncomeOrLoss/UnrelatedBusinessRevenue | 0 | -18128 |
| IRS990/NetUnrelatedBusinessTxblIncome | 0 | -282991 |
| IRS990/NoncashContributions | 0 | 10075654 |
| IRS990/NonDeductibleContributions | 0 | false |
| IRS990/NumberFormsTransmittedWith1096 | 0 | 46 |
| IRS990/NumberIndependentVotingMembers | 0 | 8 |
| IRS990/NumberIndividualsGT100K | 0 | 19 |
| IRS990/NumberOfContractorsGT100K | 0 | 0 |
| IRS990/NumberOfEmployees | 0 | 148 |
| IRS990/NumberW2GIncluded | 0 | 0 |
| IRS990/Occupancy/Fundraising | 0 | 2573 |
| IRS990/Occupancy/ManagementAndGeneral | 0 | 476050 |
| IRS990/Occupancy/ProgramServices | 0 | 943770 |
| IRS990/Occupancy/Total | 0 | 1422393 |
| IRS990/OfficeExpenses/Fundraising | 0 | 30965 |
| IRS990/OfficeExpenses/ManagementAndGeneral | 0 | 173179 |
| IRS990/OfficeExpenses/ProgramServices | 0 | 446611 |
| IRS990/OfficeExpenses/Total | 0 | 650755 |
| IRS990/OfficerEntityWithBsnssRltnshp | 0 | true |
| IRS990/OfficerMailingAddress | 0 | false |
| IRS990/Organization501c3 | 0 | X |
| IRS990/OtherAssetsTotal/BOY | 0 | 2516021 |
| IRS990/OtherAssetsTotal/EOY | 0 | 2435162 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2011 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
- Assets
- $51,723,601
- Liabilities
- $44,645,078
- Net assets
- $7,078,523
- Revenue
- -
- Expenses
- $32,872,802
- Net income
- -