Civic Intelligence

Invited Foundation

EIN 75-2754798 • 501(c)3 • Irving, TX

Profile

To utilize our platform and resources to strengthen communities and enrich lives on a national and local scale.

5221 N Oconnor Blvd 300Irving, TX 75039

www.invitedclubs.com

Siviq Scores

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

Liabilities / Assets

90th percentile

0.88x

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

501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

37th percentile

0.13x

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

501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

36th percentile

0.1%

Higher net margin than 36% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

21st percentile

$0

Higher top officer pay than 21% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Asset Growth

2nd percentile

-40%

Faster asset growth than 2% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

37th percentile

1.5%

Faster revenue growth than 37% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets90th percentile

Assets

Down

$1,675,589

Down $1,139,021 (-40%) from 2023

Liabilities

Down

$1,468,941

Down $1,151,971 (-44%) from 2023

Net Assets

Up

$206,648

Up $12,950 (+6.7%) from 2023

Operations
Liabilities / Revenue37th percentileNet Margin36th percentile

Revenue

Up

$11,406,958

Up $164,260 (+1.5%) from 2023

Expenses

Up

$11,394,008

Up $364,168 (+3.3%) from 2023

Net Income

Down

$12,950

Down $199,908 (-94%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth2nd percentile

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

$3.0M$2.0M$1.0M$0-$1.0MAssets 2011: $450,771Liabilities 2011: $450,045Net Assets 2011: $7262011Assets 2012: $444,657Liabilities 2012: $443,941Net Assets 2012: $7162012Assets 2013: $630,715Liabilities 2013: $634,858Net Assets 2013: -$4,1432013Assets 2014: $505,725Liabilities 2014: $495,234Net Assets 2014: $10,4912014Assets 2015: $444,161Liabilities 2015: $436,032Net Assets 2015: $8,1292015Assets 2016: $499,630Liabilities 2016: $479,230Net Assets 2016: $20,4002016Assets 2017: $355,244Liabilities 2017: $324,708Net Assets 2017: $30,5362017Assets 2018: $693,063Liabilities 2018: $655,584Net Assets 2018: $37,4792018Assets 2019: $499,236Liabilities 2019: $456,292Net Assets 2019: $42,9442019Assets 2020: $1,017,052Liabilities 2020: $1,002,258Net Assets 2020: $14,7942020Assets 2021: $1,602,591Liabilities 2021: $1,584,227Net Assets 2021: $18,3642021Assets 2022: $2,913,168Liabilities 2022: $2,932,329Net Assets 2022: -$19,1612022Assets 2023: $2,814,610Liabilities 2023: $2,620,912Net Assets 2023: $193,6982023Assets 2024: $1,675,589Liabilities 2024: $1,468,941Net Assets 2024: $206,6482024

Highlighted filing

2024

Assets$1,675,589
Liabilities$1,468,941
Net Assets$206,648
Open 2024 Filing

Operations Trend

Revenue Growth37th percentile

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

$15M$10M$5.0M$0-$5.0MRevenue 2011: $704,761Expenses 2011: $704,308Net Income 2011: $4532011Revenue 2012: $724,485Expenses 2012: $724,495Net Income 2012: -$102012Revenue 2013: $919,752Expenses 2013: $924,611Net Income 2013: -$4,8592013Revenue 2014: $754,714Expenses 2014: $740,080Net Income 2014: $14,6342014Revenue 2015: $858,654Expenses 2015: $861,016Net Income 2015: -$2,3622015Revenue 2016: $918,105Expenses 2016: $905,834Net Income 2016: $12,2712016Revenue 2017: $896,675Expenses 2017: $886,539Net Income 2017: $10,1362017Revenue 2018: $906,105Expenses 2018: $899,162Net Income 2018: $6,9432018Revenue 2019: $701,388Expenses 2019: $695,923Net Income 2019: $5,4652019Revenue 2020: $1,579,659Expenses 2020: $1,607,809Net Income 2020: -$28,1502020Revenue 2021: $3,015,441Expenses 2021: $3,011,871Net Income 2021: $3,5702021Revenue 2022: $11,785,270Expenses 2022: $11,822,795Net Income 2022: -$37,5252022Revenue 2023: $11,242,698Expenses 2023: $11,029,840Net Income 2023: $212,8582023Revenue 2024: $11,406,958Expenses 2024: $11,394,008Net Income 2024: $12,9502024

Highlighted filing

2024

Revenue$11,406,958
Expenses$11,394,008
Net Income$12,950
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$1,675,589
Liabilities
$1,468,941
Net assets
$206,648
Revenue
$11,406,958
Expenses
$11,394,008
Net income
$12,950
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.68$1.47$0.21$11.4$11.4$0.01
2023Summary only. Only limited summary data is available for this year.$2.81$2.62$0.19$11.2$11.0$0.21
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.91$2.93$0.02$11.8$11.8$0.04
2021Summary only. Only limited summary data is available for this year.$1.60$1.58$0.02$3.02$3.01$0.00
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.02$1.00$0.01$1.58$1.61$0.03
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.50$0.46$0.04$0.70$0.70$0.01
2018Summary only. Only limited summary data is available for this year.$0.69$0.66$0.04$0.91$0.90$0.01
2017Summary only. Only limited summary data is available for this year.$0.36$0.32$0.03$0.90$0.89$0.01
2016Summary only. Only limited summary data is available for this year.$0.50$0.48$0.02$0.92$0.91$0.01
2015Summary only. Only limited summary data is available for this year.$0.44$0.44$0.01$0.86$0.86$0.00
2014Summary only. Only limited summary data is available for this year.$0.51$0.50$0.01$0.75$0.74$0.01
2013Summary only. Only limited summary data is available for this year.$0.63$0.63$0.00$0.92$0.92$0.00
2012Summary only. Only limited summary data is available for this year.$0.44$0.44$0.00$0.72$0.72$0.00
2011Summary only. Only limited summary data is available for this year.$0.45$0.45$0.00$0.70$0.70$0.00
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jul 18, 2025
Return Version
2024v5.2
Gross Receipts
$11,406,958
Mission and Program Overview

Mission

Provide grants to charitable organizations

People are the heart and fabric of invited and we take pride in creating vibrant communities where everyone is welcome. As a part of our mission to strengthen communities and enrich lives, we cultivate a culture of giving within the company to support programs & services that positively impact individual well-being and grow the game of golf for underrepresented groups.

Balance Sheet Detail
LineBeginningEndChange
Assets
Prepaid Expenses and Deferred Charges$1,657,994$0▼ $1,657,994
Cash and Non-Interest-Bearing Accounts$1,032,934$1,485,385▲ $452,451
Pledges and Grants Receivable$123,682$190,204▲ $66,522
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$2,814,610$1,675,589▼ $1,139,021
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$2,369,001$1,468,941▼ $900,060
Deferred Revenue$251,911--
Total Liabilities$2,620,912$1,468,941▼ $1,151,971
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$193,698$206,648▲ $12,950
Total Net Assets Fund Balance$193,698$206,648▲ $12,950
Total Liabilities and Net Assets / Fund Balance$2,814,610$1,675,589▼ $1,139,021
Compensation and Service Providers
Top Officer Pay21st percentile

Board Members and Trustees

NameTitle
David PillsburyPresident
Emily DeckerSecretary
Andrew LackoTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$11,406,958
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$11,406,958
Change in Net Assets
$12,950

Audited Revenue Reconciliation

Revenue per Audited Statements
$11,406,958
Total Revenue per Audited Statements
$11,406,958
Total Revenue per Form 990
$11,406,958
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$8,224,656
Grants and Similar Amounts Paid$2,858,046
Total Fundraising Expense$1,857,129
Salaries, Compensation, and Employee Benefits$311,306
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$2,858,046--$2,858,046
Fees for Services Other-$72,585$1,316,045$1,388,630
Other Salaries and Wages$60,867$121,733$20,289$202,889
Other Employee Benefits$325-$108,092$108,417
Advertising--$101,625$101,625
Other Expenses$120-$21,084$21,084
All Other Expenses-$10,544$420$10,964
Total Functional Expenses$9,332,017$204,862$1,857,129$11,394,008

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$11,394,008
Total Expenses per Audited Statements$11,394,008
Total Expenses per Form 990$11,394,008
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Employee Partner Care FdnIrving, TX501(c)(3)Employee Partner Care Fdn$392,794
HaamHumble, TX501(c)(3)General Support$113,621
The Boot Campaign IncDallas, TX501(c)(3)General Support$104,172
Operation Once in a LifetimePlano, TX501(c)(3)Operation Once in a Lifetime$94,067
Folds of Honor FoundationOwasso, OK501(c)(3)General Support$92,628
Childrens Advocacy Center CcPlano, TX501(c)(3)General Support$91,797
Phoenix Childrens HospitalPhoenix, AZ501(c)(3)General Support$89,111
Childrens Medical Ctr FoundDallas, TX501(c)(3)General Support$84,172
Anthem Rotary FoundationAnthem, AZ501(c)(3)General Support$67,788
Jordan Spieth Family FoundDallas, TX501(c)(3)General Support$67,098
Defenders of FreedomCoppell, TX501(c)(3)General Support$61,411
The Warren CenterRichardson, TX501(c)(3)General Support$59,306
Assistance League of LaNorthridge, CA501(c)(3)General Support$58,058
The Benjamin Ollada FoundParker, CO501(c)(3)General Support$50,285
Momentous InstituteDallas, TX501(c)(3)General Support$46,445
Tee It Up for the TroopsBurnsville, MN501(c)(3)General Support$46,277
Foundation for Lake ConroeMontgomery, TX501(c)(3)General Support$44,019
Kinsley Adelynn FoundGranite Bay, CA501(c)(3)General Support$42,089
Cure Childhood CancerAtlanta, GA501(c)(3)General Support$38,229
Fjcsc FoundationSanta Rosa, CA501(c)(3)General Support$38,165
Wilderness Camping & RetreatLawson, MO501(c)(3)General Support$37,834
Pediatric Victory FoundationTarzana, CA501(c)(3)General Support$36,913
Coachella Valley Rescue MissIndio, CA501(c)(3)General Support$35,994
Gerrys CafeArlington Heigh, IL501(c)(3)General Support$35,923
Network of Community MinistrRichardson, TX501(c)(3)General Support$35,503
First Tee Fort WorthFort Worth, TX501(c)(3)General Support$32,745
Play for Pink IncNew York, NY501(c)(3)General Support$32,032
Education for Tomorrow AllConroe, TX501(c)(3)General Support$30,479
Ymca of Greater HoustonHouston, TX501(c)(3)General Support$30,479
Olde Town Medical & DentalWilliamsbut, VA501(c)(3)General Support$30,302
Roosters FoundationTustin, CA501(c)(3)General Support$29,040
Operation Breakthrough IncKansas City, MO501(c)(3)General Support$28,547
Coburn Place SafehavenIndianapolis, IN501(c)(3)General Support$27,019
Special Olympics of South CalLong Beach, CA501(c)(3)Special Olympics of Southern$27,000
The First Tee of Greater DallAddison, TX501(c)(3)General Support$25,245
James Ryan & Harrison ScholarRoswell, GA501(c)(3)General Support$21,959
Pets for VetsRoswell, GA501(c)(3)General Support$21,591
Toys for TotsKirkland, WA501(c)(3)General Support$21,544
Boxes of BasicsManassas, VA501(c)(3)General Support$21,082
Choctaw Nation of OklahomaDurant, OK501(c)(3)General Support$20,000
Assistance League of Bay AreaHouston, TX501(c)(3)General Support$19,549
HarpPittsburgh, PA501(c)(3)General Support$18,788
Friends of NocvtcFenton, MI501(c)(3)Friends of N Oakland Veterans$17,842
Rebeccas DreamNorthbrook, IL501(c)(3)General Support$17,628
Nmdp FoundationMinneapolis, MN501(c)(3)General Support$17,597
First Tee Greater AkronAkron, OH501(c)(3)First Tee Greater Akron$17,507
Ohio Girls Golf FoundationWarrensville Hi, OH501(c)(3)General Support$17,507
Appalachian State UniversityBoone, NC501(c)(3)General Support$17,232
The First Tee of Orange CtyAnaheim, CA501(c)(3)General Support$16,865
Carters ClassicRichardson, TX501(c)(3)General Support$16,420
Merging Vets & PlayersLas Vegas, NV501(c)(3)General Support$16,170
Cornerstone RanchMckinney, TX501(c)(3)General Support$15,485
Chi Chi Rodriguez Youth FoundClear Water, FL501(c)(3)General Support$15,426
Caring Children Clothing ChilStuart, FL501(c)(3)General Support$15,000
Chesapeake Regional HealthChesapeake, VA501(c)(3)General Support$14,636
Flatwater FoundationAustin, TX501(c)(3)General Support$14,033
The Piedmont Charitable FoundHaymarket, VA501(c)(3)General Support$13,822
Death to DementiaJacksonville, FL501(c)(3)General Support$13,539
Mothers Advocacy ProjectAtlanta, GA501(c)(3)General Support$12,994
Gig Harbor Peninsula FishGig Harbor, WA501(c)(3)General Support$12,361
Veterans Moving ForwardSterling, VA501(c)(3)General Support$12,079
Isles IncTrenton, NJ501(c)(3)General Support$12,056
Child Advocates of Silicon VaMilpitas, CA501(c)(3)General Support$11,704
Injured Police Officers FundLas Vegas, NV501(c)(3)General Support$11,700
Laughlin Family FoundationGambrills, MD501(c)(3)General Support$10,355
Semper K9 Assistance DogsCatlett, VA501(c)(3)General Support$10,307
Steel City K9 EmergencyMckeesport, PA501(c)(3)General Support$8,884
Make a Wish Foundation Mid atBethesda, MD501(c)(3)Make a Wish$8,791
Forever Family Rescue FoundDallas, TX501(c)(3)General Support$8,705
Baltimore Humane SocietyReisterstown, MD501(c)(3)General Support$8,069
Kids in Distress IncWilton Manors, FL501(c)(3)General Support$7,761
American Cancer Society IncAtlanta, GA501(c)(3)General Support$7,576
The Osu FoundationColumbus, OH501(c)(3)General Support$7,282
Beyond Your BlockWashington, DC501(c)(3)General Support$7,114
LiadWestbury, NY501(c)(3)General Support$7,050
Hearthstone HeatwavesHouston, TX501(c)(3)General Support$6,773
Lamp of LearningSan Diego, CA501(c)(3)General Support$6,625
Wounded Warrior ProjectJacksonville, FL501(c)(3)General Support$6,548
Chef to Chefs CorporationCharlestown, WV501(c)(3)General Support$6,289
Ccs Charity GuildJohns Creek, GA501(c)(3)General Support$6,154
God for AllWellesley Hills, MA501(c)(3)General Support$5,823
Georgia Veterans Day AssnKennesaw, GA501(c)(3)General Support$5,796
Pegasus FarmHartville, OH501(c)(3)General Support$5,796
The Meggs FoundationCharlotte, NC501(c)(3)General Support$5,787
South Plains Food Bank IncLubbock, TX501(c)(3)General Support$5,641
The Crisis Ctr of Tampa BayTampa, FL501(c)(3)General Support$5,457
Safe Pet Rescue IncSaint Augustine, FL501(c)(3)General Support$5,291
Special Olympics N CarolinaMorrisville, NC501(c)(3)General Support$5,191
Child Advocacy Cent of AikenAiken, SC501(c)(3)General Support$5,125
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
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

“The accounting team, tax team and president of the board will review the form 990 prior to filing with the irs.”

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

“Regular monthly meetings to discuss.”

Form 990, Part VI, Section C, Line 19

“AVAILABLE UPON REQUEST.”

Filing and Contact Details

Filer

Filer Name
Invited Foundation
EIN
75-2754798
Phone
9722436191
Address
5221 N OCONNOR BLVD 300, IRVING, TX 75039

Signing Officer

Name
Emily Decker
Title
Secretary
Signed
2025-07-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Emily Decker
Formed
1998
Legal Domicile
TX
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
3

Preparer

Firm
Sutton Frost Cary LLP
Address
200 E Front St Suite 200, Arlington, TX 76011
Preparer
Carroll Elizabeth Arnott
Phone
8176498083
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 2

“the Invited Foundation hired a third party to manage the Employee Care Fund. The Employee Assistance Foundation executes grant administration of the fund and employee donations to ECF are sent directly EAF.”

Financial Statement Notes

Part X : FIN48 Footnote

“The Organization is exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Code (IRC) and has not been classified as a private foundation as defined in the IRC. For the year ended December 31, 2024, the Organization had no unrelated business income. Accordingly, no provision for income taxes has been provided.GAAP requires the evaluation of tax positions taken in the course of preparing the Organizations tax return and recognition of a tax liability (or asset) if the Organization has taken an uncertain position that more likely than not would not be sustained upon examination by the Internal Revenue Service. Management has analyzed the tax positions taken by the Organization, and has concluded that as of December 31, 2024, there are no uncertain tax positions taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the financial statements.”

Raw XML AppendixShowing 400 of 1,329 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.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt02369001
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IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0PEOPLE ARE THE HEART AND FABRIC OF INVITED AND WE TAKE PRIDE IN CREATING VIBRANT COMMUNITIES WHERE EVERYONE IS WELCOME. AS A PART OF OUR MISSION TO STRENGTHEN COMMUNITIES AND ENRICH LIVES, WE CULTIVATE A CULTURE OF GIVING WITHIN THE COMPANY TO SUPPORT PROGRAMS & SERVICES THAT POSITIVELY IMPACT INDIVIDUAL WELL-BEING AND GROW THE GAME OF GOLF FOR UNDERREPRESENTED GROUPS.
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IRS990/BooksInCareOfDetail/PersonNm0CLUBCORP FINANCIAL MGMT
IRS990/BooksInCareOfDetail/PhoneNum09722436191
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt05221 N OCONNOR BLVD 300
IRS990/BooksInCareOfDetail/USAddress/CityNm0IRVING
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990/BooksInCareOfDetail/USAddress/ZIPCd075039
IRS990/BusinessRlnWith35CtrlEntInd0false
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IRS990/DecisionsSubjectToApprovaInd0false
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IRS990/Desc0THE LARGEST PHILANTHROPIC INITIATIVE OF INVITED FOUNDATION IS CHARITY CLASSIC WHERE EACH CLUB IN OUR NETWORK HOSTS AN ANNUAL CHARITABLE FUNDRAISER TO BENEFIT A LOCAL NONPROFIT AND INVITED'S EMPLOYEE CARE FUND. THROUGH THIS PROGRAM WE RAISE MILLIONS OF DOLLARS IN DONATIONS FOR 100+ NONPROFIT ORGANIZATIONS. IN 2024, INVITED FOUNDATION DONATED $2.6M; TOTAL GIVING SINCE 2007 IS OVER $37M. WE ARE EVEN MORE COMMITTED TO SUPPORTING OUR EMPLOYEES THROUGH TIMES OF FINANCIAL HARDSHIP THROUGH THE INVITED EMPLOYEE CARE FUND (ECF). ECF WAS FOUNDED IN 2007 AND HAS ASSISTED 6,000+ EMPLOYEES TOTALING $10.4 MILLION.A PORTION OF NET PROCEEDS FROM LOCAL CHARITY CLASSIC FUNDRAISERS, AND ALL FUNDING FROM EMPLOYEE DONATIONS, ARE USED TO PROVIDE GRANT ASSISTANCE TO EMPLOYEES EXPERIENCING HARDSHIP DUE TO UNFORESEEN EMERGENCIES SUCH AS A SUDDEN DEATH IN THE FAMILY, A HOME FIRE OR IMPACTS OF A NATURAL DISASTER. IN 2024, $834,000 IN FINANCIAL ASSISTANCE WAS GRANTED TO 834 INVITED EMPLOYEES THROUGH THE ECF, WHICH INCLUDED $472,000 IN GRANTS AWARDED TO EMPLOYEES IMPACTED BY HURRICANE BERYL, DEBBIE AND HELENE.THE FINAL INVITED CELEBRITY CLASSIC WAS HELD IN 2024. THE TOURNAMENT IS HOSTED IN COLLABORATION WITH THE PGA TOUR CHAMPIONS AND FEATURES A STAR-STUDDED FIELD OF 40 CELEBRITY GOLFERS COMPETING ALONGSIDE PGA PROS. ICC RAISED $176,230 FOR LOCAL YOUTH AND MILITARY NONPROFIT PARTNERS THAT SUPPORT JUNIOR GOLF, EDUCATIONAL SCHOLARSHIPS AND IMMEDIATE NEEDS OF MILITARY FAMILIES.
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Organization is exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Code (IRC) and has not been classified as a private foundation as defined in the IRC. For the year ended December 31, 2024, the Organization had no unrelated business income. Accordingly, no provision for income taxes has been provided.GAAP requires the evaluation of tax positions taken in the course of preparing the Organizations tax return and recognition of a tax liability (or asset) if the Organization has taken an uncertain position that more likely than not would not be sustained upon examination by the Internal Revenue Service. Management has analyzed the tax positions taken by the Organization, and has concluded that as of December 31, 2024, there are no uncertain tax positions taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the financial statements.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
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