Civic Intelligence

The Texas Golf Association Foundation

990 • Fiscal year 2014 • EIN 75-2829588

Jan 01, 2014 to Dec 31, 2014 • Filed on Nov 15, 2015

2909 Cole Suite 305Dallas, TX 75204

(214) 468-8032

Siviq Scores

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

Liabilities / Assets

62nd percentile

0.13x

Higher debt load relative to assets than 62% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Liabilities / Revenue

66th percentile

0.12x

Higher debt load relative to revenue than 66% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Net Margin

61st percentile

7.7%

Higher net margin than 61% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Top Officer Pay

99th percentile

$432,794

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 72.1% of source-year revenue.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Asset Growth

91st percentile

61%

Faster asset growth than 91% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Revenue Growth

69th percentile

16%

Faster revenue growth than 69% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Assets

Up

$586,943

Up $222,715 (+61%) from 2013

Net Assets

Up

$512,403

Up $178,128 (+53%) from 2013

Liabilities

Up

$74,540

Up $44,587 (+149%) from 2013

Revenue

Up

$600,306

Up $84,861 (+16%) from 2013

Expenses

Up

$554,375

Up $87,517 (+19%) from 2013

Net Income

Down

$45,931

Down $2,656 (-5.5%) from 2013

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2011: $266,853Liabilities 2011: $24,654Net Assets 2011: $242,1992011Assets 2012: $293,247Liabilities 2012: $7,559Net Assets 2012: $285,6882012Assets 2013: $364,228Liabilities 2013: $29,953Net Assets 2013: $334,2752013Assets 2014: $586,943Liabilities 2014: $74,540Net Assets 2014: $512,4032014Assets 2015: $532,809Liabilities 2015: $10,099Net Assets 2015: $522,7102015Assets 2016: $557,097Liabilities 2016: $29,040Net Assets 2016: $528,0572016Assets 2017: $419,465Liabilities 2017: $19,173Net Assets 2017: $400,2922017Assets 2018: $451,179Liabilities 2018: $10,283Net Assets 2018: $440,8962018Assets 2019: $443,753Liabilities 2019: $12,029Net Assets 2019: $431,7242019Assets 2020: $454,653Liabilities 2020: $67,131Net Assets 2020: $387,5222020Assets 2021: $576,153Liabilities 2021: $53,477Net Assets 2021: $522,6762021Assets 2022: $738,106Liabilities 2022: $70,685Net Assets 2022: $667,4212022Assets 2023: $942,742Liabilities 2023: $87,205Net Assets 2023: $855,5372023Assets 2024: $1,138,971Liabilities 2024: $60,381Net Assets 2024: $1,078,5902024

Highlighted filing

2014

Assets$586,943
Liabilities$74,540
Net Assets$512,403

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2011: $438,4742011Expenses 2012: $465,2902012Revenue 2013: $515,445Expenses 2013: $466,858Net Income 2013: $48,5872013Revenue 2014: $600,306Expenses 2014: $554,375Net Income 2014: $45,9312014Revenue 2015: $536,312Expenses 2015: $556,292Net Income 2015: -$19,9802015Revenue 2016: $592,040Expenses 2016: $598,124Net Income 2016: -$6,0842016Revenue 2017: $554,069Expenses 2017: $681,834Net Income 2017: -$127,7652017Revenue 2018: $573,513Expenses 2018: $532,909Net Income 2018: $40,6042018Revenue 2019: $658,101Expenses 2019: $644,273Net Income 2019: $13,8282019Revenue 2020: $642,178Expenses 2020: $686,380Net Income 2020: -$44,2022020Revenue 2021: $831,747Expenses 2021: $696,593Net Income 2021: $135,1542021Revenue 2022: $856,934Expenses 2022: $712,189Net Income 2022: $144,7452022Revenue 2023: $953,078Expenses 2023: $764,962Net Income 2023: $188,1162023Revenue 2024: $993,988Expenses 2024: $770,935Net Income 2024: $223,0532024

Highlighted filing

2014

Revenue$600,306
Expenses$554,375
Net Income$45,931
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Nov 15, 2015
Return Version
2014v5.0
Gross Receipts
$600,306
Mission and Program Overview

Mission

To promote and expand community awareness of the game of golf in texas through programs serving junior golfers and the community at large.

To ensure that deserving young people from every walk of life have the opportunity to be exposed to the game of golf and the accompanying valuable life lessons to be learned. To promote and expand community awareness of the game of golf in texas through programs serving junior golfers and the community at large.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$156,768$292,540▲ $135,772
Accounts Receivable-$68,700-
Land, Buildings, and Equipment, Net$6,759$25,002▲ $18,243
Savings and Temporary Cash Investments$701$701→ $0
Total Assets$364,228$586,943▲ $222,715
Other Assets Total$200,000$200,000→ $0
Liabilities
Deferred Revenue$21,120$65,195▲ $44,075
Accounts Payable and Accrued Expenses$8,833$9,345▲ $512
Total Liabilities$29,953$74,540▲ $44,587
Net Assets / Fund Balance
Unrestricted Net Assets$309,958$485,746▲ $175,788
Temporarily Rstr Net Assets$24,317$26,657▲ $2,340
Total Net Assets Fund Balance$334,275$512,403▲ $178,128
Total Liabilities and Net Assets / Fund Balance$364,228$586,943▲ $222,715

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$25,002$48,909$73,911
Other Assets Org$200,000--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Lee SandlinPresident
Bob StoneDirector
Bobby StewartDirector
Carey SchultenDirector
Hollis SullivanDirector
Hunter NelsonDirector
Jerry D SmithDirector
Loren SingletaryDirector
Malcolm HollandDirector
Miles ChildersDirector
Robert LansfordDirector
Stacy SmithDirector
Vern SpurlockDirector
Rob AddingtonSec/treas
John StuartVice Preside

Highest Paid Contractors

ContractorServicesLocationCompensation
Texs Golf AssociationMgmt Services2909 COLE SUITE 305, Dallas, TX 75204$240,000
Revenue and Support

Revenue Composition

Contributions and Grants
$159,602
Program Service Revenue
$439,860
Investment Income
$844
Other Revenue
$0
All Other Contributions
$154,602
Change in Net Assets
$45,931
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$533,875
Total Fundraising Expense$60,000
Grants and Similar Amounts Paid$20,500
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$120,000$60,000$60,000$240,000
Grants to Domestic Orgs$20,500--$20,500
Office Expenses$16,038$94-$16,132
Advertising$7,325$71-$7,396
Insurance$3,103$1,035-$4,138
Travel$3,683--$3,683
Fees for Services Accounting-$3,600-$3,600
Depreciation Depletion$2,449$502-$2,951
Information Technology$1,538--$1,538
Other Expenses$911$1,507-$911
All Other Expenses$318$317-$635
Fees for Services Legal-$105-$105
Total Functional Expenses$427,144$67,231$60,000$554,375
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
The First Tee of DallasDallas, TXC 3Sponsorship$9,000
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
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 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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The 990 is disseminated to the governing board members who review it prior to filing.

Form 990, Page 6, Part VI, Line 12C

The board adopted a conflict of interest policy in 2010 signed by each director.

Form 990, Page 6, Part VI, Line 15A

All compensation is paid by the texas golf association (tga), a related entity that maintains functional control over the foundation, through a third party company which is engaged to administer payroll and benefits. The top management official's compensation is reviewed and approved by the executive director of the tga.

Form 990, Page 6, Part VI, Line 15B

One of the officers of the reporting entity is the executive director of the texas golf association, a related entity that maintains functional control over the foundation. The ed's compensation is reported on schedule j of the tga form 990.the executive director's compensation is approved by the executive committee of the board of director's of the texas golf association. The executive director reviews and approves compensation for all other employees of the reporting entity.

Form 990, Page 6, Part VI, Line 19

Governing documents are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
The Texas Golf Association Foundati
EIN
75-2829588
Phone
2144688032
Address
2909 COLE SUITE 305, DALLAS, TX 75204

Signing Officer

Name
Rob Addington
Title
Executive Director
Phone
2144688032
Signed
2015-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Robert Addington
Formed
1999
Legal Domicile
TX
Voting Board Members
15
Independent Board Members
14
Employees
0
Volunteers
100,150

Preparer

Firm
Hanner & Associates Pc
Address
2324 CHEEK SPARGER RD, BEDFORD, TX 76021-2678
Preparer
Jeanne Bachinskas
Phone
8173551040
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

To ensure that deserving young people from every walk of life have the opportunity to be exposed to the game of golf and the accompanying valuable life lessons to be learned. To promote and expand community awareness of the game of golf in texas through programs serving junior golfers and the community at large.

Form 990, Page 1, Part I, Line 6

The foundation had approximately 30 volunteers that assist at events of the texas legends jr. Tour, a program service of the foundation. Jr. Tour volunteers monitor play and serve as officials at events. All volunteers go through a volunteer training program that qualifies them to participate in specific capacities.

Form 990, Part XI, Line 9

Merger with wtga 132,197 on january 1, 2014, the governing boards of the the texas golf association foundation and the women's texas golf association entered into a merger agreement in an effort to promote the advancement of the game of golf in texas to all players. According to the merger agreement, effective january 1, 2014, net assets of 132197 of the wtga were merged with the assets, liabilities, and net assets of the texas golf association foundation.

Raw XML AppendixShowing 400 of 589 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/Form990PartVIISectionAGrp/TitleTxt0SEC/TREAS
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
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IRS990/MissionDesc0TO ENSURE THAT DESERVING YOUNG PEOPLE FROM EVERY WALK OF LIFE HAVE THE OPPORTUNITY TO BE EXPOSED TO THE GAME OF GOLF AND THE ACCOMPANYING VALUABLE LIFE LESSONS TO BE LEARNED. TO PROMOTE AND EXPAND COMMUNITY AWARENESS OF THE GAME OF GOLF IN TEXAS THROUGH PROGRAMS SERVING JUNIOR GOLFERS AND THE COMMUNITY AT LARGE.
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IRS990/OtherExpensesGrp/Desc2DUES AND SUBSCRIPTIONS
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IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0ROBERT ADDINGTON
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0TOURNAMENT FEES - JR TOUR
IRS990/ProgramServiceRevenueGrp/Desc1TOUR MEMBERSHIPS
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0342395
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt160700
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt236765
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt160700
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt236765
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IRS990/ProgSrvcAccomActy2Grp/GrantAmt020500
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IRS990/ReconcilationRevenueExpnssAmt045931
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RelatedOrganizationsAmt05000
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IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
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IRS990/SavingsAndTempCashInvstGrp/BOYAmt0701
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IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus2YearsAmt010000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus3YearsAmt034815
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus4YearsAmt057143
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt0122958
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0159602
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0147759
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0108124
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0206939
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0765751
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0844
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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt08
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0439860
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0366675
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0364704
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0354251
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0397795
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01923285
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt060
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IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt0700
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt08
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IRS990ScheduleA/InvestmentIncomeCYPct00.00000
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IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt013819
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
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IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DEPOSITS
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IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt073911
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IRS990ScheduleI/RecipientTable/IRCSectionDesc0C 3
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0SPONSORSHIP
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0THE FIRST TEE OF DALLAS
IRS990ScheduleI/RecipientTable/RecipientEIN0752602809

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.14$0.06$1.08$0.99$0.77$0.22
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.94$0.09$0.86$0.95$0.76$0.19
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.74$0.07$0.67$0.86$0.71$0.14
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.58$0.05$0.52$0.83$0.70$0.14
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.45$0.07$0.39$0.64$0.69$0.04
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.44$0.01$0.43$0.66$0.64$0.01
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.45$0.01$0.44$0.57$0.53$0.04
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.42$0.02$0.40$0.55$0.68$0.13
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.56$0.03$0.53$0.59$0.60$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.53$0.01$0.52$0.54$0.56$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.59$0.07$0.51$0.60$0.55$0.05
2013Detailed filing. Detailed filing data is available for this year.$0.36$0.03$0.33$0.52$0.47$0.05
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.29$0.01$0.29$0.47
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.27$0.02$0.24$0.44