Garner Golf Course Foundation INC

Tax-deductible

Garner, IA501(c)(3)Recreation & SportsEIN 46-3640416Revenue $328K in FY2025

On file with the IRSgarnergolfcourse.com205 Country Club Dr, 50438-1026 · Garner, IATax-exempt since Feb 2016Publicly supported — 509(a)(2)

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The mission of the Garner Golf Course Foundation is to run the Golf Course owned by the city of Garner for the benefit of the residents of the city of Garner. The city of garners decision to purchase the Golf Course in 2014 was to assure that the Golf Course remained an available amenity to the area in order to continue to attract people to the area for the benefit of the city and area businesses, in addition to promoting recreational activities and supporting school district activities such as the Golf and cross country teams. To that end the foundations organizational documents require IT to work toward fulfilling that mission. Each year any funds generated in excess of those needed to operate the Golf Course are put into a capital improvement fund to be used to either improve the facilities or purchase equipment. The Foundation also intends to seek contributions from members of the Foundation and other people and businesses in the community to improve the Golf Course and its facilit

501(c)(3) charity; gifts are tax-deductible.
98¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 6
filings with a surplus
Average surplus $801 a year · under 1% of revenue · last 6 filings
Worth a look: a surplus in 3 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
98%
of spending
Looks good: 98% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
2 mo
of spending, in cash
Fine: 1.6 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$1K
2% of total assets
Looks good: liabilities are 2% of assets; 50% or less.
Pt X · Ln 26
Independent board members
4
of 4 voting members
Looks good: 4 of 4 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$328K
-8% vs prior year
Spent
$349K
To programs
98%
Net assets
$57K
By yearFY2020–FY2025
Revenue
$328K
FY2025▼ -8%
Tap a bar for its year
Revenue by fiscal year
FY2020$279K
FY2021$309K
FY2022$347K
FY2023$330K
FY2024$358K
FY2025$328K
Expenses
$349K
FY2025▼ -7%
Tap a bar for its year
Expenses by fiscal year
FY2020$265K
FY2021$307K
FY2022$295K
FY2023$355K
FY2024$375K
FY2025$349K
Net assets
$57K
FY2025▼ -27%
Tap a bar for its year
Net assets by fiscal year
FY2020$66K
FY2021$68K
FY2022$120K
FY2023$95K
FY2024$77K
FY2025$57K

From the FY2025 Form 990 · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Feb 2016.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

98 cents of each dollar spent went to programs.

Program services 98% · $340K Management & general 2% · $8K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

4 people listed on the 990.

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
See Garner Golf Course Foundation INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Operates a city golf course for residents, promoting recreation and supporting local activities.

Provided by the organization

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2 programs · $340K · in their own filed words · FY2025
01

The foundation manages and maintains a 9 hole golf course located in garner iowa, which is owned by the city of garner. Patrons are allowed to pay for individual rounds, or seasonal passes to play at the course. More than 170 seasonal passes were utilized in 2016.

$198Kprogram expense
02

The foundation manages and maintains a full service food and drink establishment provided for the benefit of its patrons. The facility is also available to host events. Several fundraising and charitable events have been hosted at the facility.

$143Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · this organization's grantmaking
Grants paid · 6 grants · $112K · 2020–2025
City of GarnerFY2025$16,886
City of GarnerFY2024$8,530
City of GarnerFY2023$47,134
City of GarnerFY2022$11,930
City of GarnerFY2021$18,282
City of GarnerFY2020$8,945

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$328K
Ln 12
Fees for servicesLn 2g$321K
Other incomeLn 4–11$4K
Gifts and grantsLn 1h$3K
Money outPt IX
$349K
Ln 25
Programscol B$340K
Managementcol C$8K
Owns and owesPt X
$57K
net assets · Ln 32
Cash and savingsLn 1–2$46K
Total assetsLn 16$58K
LiabilitiesLn 26$1K
PeoplePt VI, VII
4
listed · VII A
PaidVII A0
Voting boardVI 1a4
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$3K
Fees for servicesLn 2g$321K
Investment incomeLn 3$394
Other incomeLn 4–11$4K
Total revenueLn 12$328K
Assets in detailPt X, end of year
CashLn 1$21K
SavingsLn 2$25K
Cash and savings togetherLn 1–2$46K
Land, buildings, equipmentLn 10c$10K
Total assetsLn 16$58K
LiabilitiesLn 26$1K
Net assetsLn 32$57K
OperationsPt I, VI
EmployeesI 57
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$70K$46K
Land, buildings, equipmentLn 10c$7K$10K
Total assetsLn 16$79K$58K
LiabilitiesLn 26$2K$1K
Net assetsLn 32$77K$57K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$17K$17K
Other salaries and wagesLn 7$96K$96K
Payroll taxesLn 10$14K$14K
Accounting feesLn 11c$5K$5K
Other fees for servicesLn 11g$54K$54K
Advertising and promotionLn 12$35$35
Office expensesLn 13$3K$2K$2K
TravelLn 17$785$785
InsuranceLn 23$8K$8K$423
Other expenses (24a–d)Ln 24$102K$102K
All other expensesLn 24e$48K$47K$1K
Total functional expensesLn 25$349K$340K$8K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $328K$349K−$21K$57K 990 PDF
FY2024 $358K$375K−$18K$77K 990 PDF
FY2023 $330K$355K−$25K$95K 990 PDF
FY2022 $347K$295K$52K$120K 990 PDF
FY2021 $309K$307K$2K$68K 990 PDF
FY2020 $279K$265K$14K$66K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2025 990 (6 parts)
Part I · Summary $327,969 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $15,257$2,513
I-9 Program service revenuePrior year $330,997$320,956
I-10 Investment incomePrior year $523$394
I-11 Other revenuePrior year $10,848$4,106
I-12 Total revenuePrior year $357,625$327,969
I-13 Grants and similar amounts paidPrior year $8,530$16,886
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $123,191$109,952
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $243,570$221,680
I-18 Total expensesPrior year $375,291$348,518
I-19 Revenue less expensesPrior year −$17,666−$20,549
Part VI · Governance 4 of 4 board members independent, 1 to look at
VI-1a Voting members of the governing body4
VI-1b Independent voting members4
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $327,969 across 6 lines filed
VIII-1f All other contributions, gifts and grants$2,513
VIII-1h Total contributions, gifts and grants$2,513
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $301,162 · Unrelated business $19,794$320,956
VIII-3 Investment incomeRelated to mission $394$394
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $4,106$4,106
VIII-12 Total revenueRelated to mission $305,662 · Unrelated business $19,794$327,969
Part IX · Statement of functional expenses $348,518 across 11 lines filed
IX-1 Grants to domestic organizationsPrograms $16,886$16,886
IX-7 Other salaries and wagesPrograms $95,903$95,903
IX-10 Payroll taxesPrograms $14,049$14,049
IX-11c Accounting feesManagement $4,955$4,955
IX-11g Other fees for servicesPrograms $53,920$53,920
IX-12 Advertising and promotionPrograms $35$35
IX-13 Office expensesPrograms $1,708 · Management $1,541$3,249
IX-17 TravelPrograms $785$785
IX-23 InsurancePrograms $8,040 · Management $423$8,463
IX-24 Other expenses (24a–d)Programs $102,161$102,161
IX-24e All other expensesPrograms $46,746 · Management $1,366$48,112
IX-25 Total functional expensesPrograms $340,233 · Management $8,285 · Fundraising $0$348,518
Part X · Balance sheet $57,924 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $7,120$21,268
X-2 Savings and temporary cash investmentsStart of year $63,220$24,556
X-8 Inventories for sale or useStart of year $1,700$1,700
X-10c Land, buildings and equipment, netStart of year $6,925$10,400
X-16 Total assetsStart of year $78,965$57,924
X-17 Accounts payable and accrued expensesStart of year $1,783$1,291
X-26 Total liabilitiesStart of year $1,783$1,291
X-32 Total net assets or fund balancesStart of year $77,182$56,633
X-33 Total liabilities and net assetsStart of year $78,965$57,924
Part XI · Reconciliation of net assets $56,633 net assets at year end
XI-1 Total revenue$327,969
XI-2 Total expenses$348,518
XI-3 Revenue less expenses−$20,549
XI-4 Net assets at start of year$77,182
XI-10 Net assets at end of year$56,633

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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