Civic Intelligence

Invitational Foundation Inc.

990EZ • Fiscal year 2022 • EIN 83-4053547

Jan 01, 2022 to Dec 31, 2022 • Filed on May 02, 2023

10739 Deerwood Park Blvd 200AJacksonville, FL 32256

(904) 739-9100

Siviq Scores

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

Liabilities / Assets

60th percentile

0.00x

Higher debt load relative to assets than 60% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

62nd percentile

0.00x

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

81st percentile

32%

Higher net margin than 81% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

69th percentile

17%

Faster asset growth than 69% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

54th percentile

14%

Faster revenue growth than 54% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Up

$29,443

Up $4,329 (+17%) from 2021

Net Assets

Up

$29,393

Up $4,279 (+17%) from 2021

Liabilities

Up

$50

Up $50 from 2021

Revenue

Up

$13,250

Up $1,607 (+14%) from 2021

Expenses

Up

$8,971

Up $8,971 from 2021

Net Income

Down

$4,279

Down $7,364 (-63%) from 2021

Historical Trend

Balance Sheet Trend

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

$40K$30K$20K$10K$0Assets 2019: $11,538Liabilities 2019: $0Net Assets 2019: $11,5382019Assets 2020: $13,471Liabilities 2020: $0Net Assets 2020: $13,4712020Assets 2021: $25,114Liabilities 2021: $0Net Assets 2021: $25,1142021Assets 2022: $29,443Liabilities 2022: $50Net Assets 2022: $29,3932022Assets 2023: $32,497Liabilities 2023: $60Net Assets 2023: $32,4372023Assets 2024: $29,083Liabilities 2024: $65Net Assets 2024: $29,0182024

Highlighted filing

2022

Assets$29,443
Liabilities$50
Net Assets$29,393

Operations Trend

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

$15K$10K$5.0K$0-$5.0KRevenue 2019: $11,538Expenses 2019: $0Net Income 2019: $11,5382019Revenue 2020: $1,933Expenses 2020: $0Net Income 2020: $1,9332020Revenue 2021: $11,643Expenses 2021: $0Net Income 2021: $11,6432021Revenue 2022: $13,250Expenses 2022: $8,971Net Income 2022: $4,2792022Revenue 2023: $8,050Expenses 2023: $5,006Net Income 2023: $3,0442023Revenue 2024: $10,312Expenses 2024: $13,731Net Income 2024: -$3,4192024

Highlighted filing

2022

Revenue$13,250
Expenses$8,971
Net Income$4,279
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
May 2, 2023
Return Version
2022v5.0
Gross Receipts
$13,250
Mission and Program Overview

Mission

To encourage and grow the game of golf and foster friendshipt and fellowship with others that love the game.

Program Services

DescriptionGrantsExpenses
THE INVITATIONAL FOUNDATION IS OUR SINGLE ANNUAL EVENT TO BRING TOGETHER INDIVIDUALS WHO ARE PASSIONATE ABOUT THE GAME OF GOLF AND ABOUT PROVIDING EDUCATIONAL OPPORTUNITIES FOR YOUNG MEN IN THE LOCAL COMMUNITY TO ATTEND HIGHER EDUCATION. THE INVITATIONAL FOUNDATION IS SET UP TO PLAY AN ANNUAL GOLF TOURNAMENT AND RAISE FUNDS TO PRESENT A SCHOLARSHIP FOR THE DESERVING YOUNG MAN WE FIND MOST READY TO TAKE ON A HIGHER EDUCATION CHALLENGE. WE WORK WITH LOCAL CHURCHES TO NOMINATE AND SELECT BEST CANDIDATES.$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JAMES STALLINGSChairman-$0--
ALFRED ZOLLAR SRVice Chairman-$0--
DEXTER HENDERSONPresident-$0--
Filing and Contact Details

Filer

Filer Name
The Invitational Foundation Inc
EIN
83-4053547
Phone
9047399100
Address
10739 DEERWOOD PARK BLVD 200A, JACKSONVILLE, FL 32256

Signing Officer

Name
James Stallings
Title
Chairman/CEO
Phone
9047399100
Signed
2023-05-02
Discuss with paid preparer
Yes

Preparer

Firm
Pivot Cpas Pa
Address
238 PONTE VEDRA PARK DR ST 201, PONTE VEDRA BEACH, FL 32082
Preparer
Peter Reynolds
Phone
9042802053
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: . Grantee name: trinity ame zion church. Grantee address: 3505 16th st nw washington, dc 20010. Property description: church donation. Date of gift: 07/12/22. Amount given: 5,000.

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: . Grantee name: families. Property description: gift cards. Date of gift: 08/24/22. Amount given: 1,500.

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: . Grantee name: sandhilis community college. Grantee address: 3395 airport road pinehurst, nc 28374. Property description: scholarship. Date of gift: 09/27/22. Amount given: 1,098. Total included on form 990-ez, line 10: 7,598.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: licenses & permits. Amount: 60. Description: dues & subscriptions. Amount: 75. Description: insurance. Amount: 522. Description: website. Amount: 216. Total to form 990-ez, line 16: 873.

Form 990-ez, Part II, Line 24 - Other Assets

Description: due from golf llc. Beg. Of year amount: 0. End of year amount: 200.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: credit card. Beg. Of year amount: 0. End of year amount: 50.

Raw XML Appendix155 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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IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0THE ORGANIZATION
IRS990EZ/BooksInCareOfDetail/PhoneNum09047399100
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt010739 DEERWOOD PARK BLVD 200A
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0JACKSONVILLE
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JAMES STALLINGS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1ALFRED ZOLLAR SR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2DEXTER HENDERSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CHAIRMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE CHAIRMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2PRESIDENT
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
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IRS990EZ/OtherChangesInNetAssetsAmt00
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IRS990EZ/PrimaryExemptPurposeTxt0TO ENCOURAGE AND GROW THE GAME OF GOLF AND FOSTER FRIENDSHIPT AND FELLOWSHIP WITH OTHERS THAT LOVE THE GAME.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE INVITATIONAL FOUNDATION IS OUR SINGLE ANNUAL EVENT TO BRING TOGETHER INDIVIDUALS WHO ARE PASSIONATE ABOUT THE GAME OF GOLF AND ABOUT PROVIDING EDUCATIONAL OPPORTUNITIES FOR YOUNG MEN IN THE LOCAL COMMUNITY TO ATTEND HIGHER EDUCATION. THE INVITATIONAL FOUNDATION IS SET UP TO PLAY AN ANNUAL GOLF TOURNAMENT AND RAISE FUNDS TO PRESENT A SCHOLARSHIP FOR THE DESERVING YOUNG MAN WE FIND MOST READY TO TAKE ON A HIGHER EDUCATION CHALLENGE. WE WORK WITH LOCAL CHURCHES TO NOMINATE AND SELECT BEST CANDIDATES.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ACTIVITY CLASSIFICATION: . GRANTEE NAME: TRINITY AME ZION CHURCH. GRANTEE ADDRESS: 3505 16TH ST NW WASHINGTON, DC 20010. PROPERTY DESCRIPTION: CHURCH DONATION. DATE OF GIFT: 07/12/22. AMOUNT GIVEN: 5,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACTIVITY CLASSIFICATION: . GRANTEE NAME: FAMILIES. PROPERTY DESCRIPTION: GIFT CARDS. DATE OF GIFT: 08/24/22. AMOUNT GIVEN: 1,500.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACTIVITY CLASSIFICATION: . GRANTEE NAME: SANDHILIS COMMUNITY COLLEGE. GRANTEE ADDRESS: 3395 AIRPORT ROAD PINEHURST, NC 28374. PROPERTY DESCRIPTION: SCHOLARSHIP. DATE OF GIFT: 09/27/22. AMOUNT GIVEN: 1,098. TOTAL INCLUDED ON FORM 990-EZ, LINE 10: 7,598.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: LICENSES & PERMITS. AMOUNT: 60. DESCRIPTION: DUES & SUBSCRIPTIONS. AMOUNT: 75. DESCRIPTION: INSURANCE. AMOUNT: 522. DESCRIPTION: WEBSITE. AMOUNT: 216. TOTAL TO FORM 990-EZ, LINE 16: 873.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DESCRIPTION: DUE FROM GOLF LLC. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 200.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5DESCRIPTION: CREDIT CARD. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 50.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JAMES STALLINGS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRMAN/CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum09047399100
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-05-02
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE INVITATIONAL FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0INVI
ReturnHeader/Filer/EIN0834053547
ReturnHeader/Filer/PhoneNum09047399100
ReturnHeader/Filer/USAddress/AddressLine1Txt010739 DEERWOOD PARK BLVD 200A
ReturnHeader/Filer/USAddress/CityNm0JACKSONVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd032256
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0200708248
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0PIVOT CPAS PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0238 PONTE VEDRA PARK DR ST 201
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0PONTE VEDRA BEACH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd032082
ReturnHeader/PreparerPersonGrp/PhoneNum09042802053
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0PETER REYNOLDS
ReturnHeader/ReturnTs02023-05-04T13:13:28-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JAMES
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0STALLINGS
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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