Cabo Collegiate FY2022 filing

Tax-deductible

Conway, AR501(c)(3)Since 2017Recreation & SportsEIN 82-2773335

Promote and grow amateur and college golf through tournaments and education.

501(c)(3) charity; gifts are tax-deductible.
100¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2022 · 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
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
<1 mo
of spending, in cash
Worth a look: 0.8 months of spending in cash; under 1.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $142K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
3
of 3 voting members
Looks good: 3 of 3 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$222K
+257% vs prior year
Spent
$225K
To programs
100%
Net assets
$15K
By yearFY2020–FY2024
Revenue
$222K
FY2022▲ +257%
Revenue by fiscal year
FY2020$36K
FY2021$62K
FY2022$222K
FY2023$185K
FY2024$189K
FY2024$292K
Expenses
$225K
FY2022
Expenses by fiscal year
FY2020Not on file
FY2021Not on file
FY2022$225K
FY2023Not on file
FY2024Not on file
FY2024$276K
Net assets
$15K
FY2022▼ -18%
Net assets by fiscal year
FY2020$34K
FY2021$18K
FY2022$15K
FY2023$43K
FY2024$30K
FY2024$46K

From the FY2022 Form 990 (year ending August 2022) · see the original

Give Claim
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Sep 2017.

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

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $225K

Form 990 Part IX, line 25. Every line is in By the numbers.

Who runs it and what they're paid

2 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
$0Pt VII · Sec A
$0Pt VII · Sec A
See Cabo Collegiate executive salaries →

Are you one of these people? Claim this org to confirm your role

Questions the 990 asks

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

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Grows amateur and college golf through tournaments and education.

Provided by the organization

This section is blank until Cabo Collegiate claims this page.

Know this organization? Claim it to add your story

2 program services account for $225K of program spending, described in the organization's own filed words · FY2021.
01

5 day, 54 hole men's NCAA college tournament impacting 90 student athletes and 36 coaches.All meals, accommodations, golf, and activities funded by the Cabo Collegiate, using donor contributions. Expenses included rental of golf course, food & beverage, signage, gifts, promo materials, rental vehicles and marketing website.

$225Kprogram expense
02

Grants awarded via application to player graduating from college and seeking funds for professional tour qualifying competition.

Pt IX · col B

Run this program? Claim this org to tell your story

Funders

Who pays for it.

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

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 2 funders$142K
Grants paid · 1 grant · $10K · 2021–2021
Unitemized GrantFY2021$10,000

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$222K
Ln 12
Gifts and grantsLn 1h$222K
Money outPt IX
$225K
Ln 25
Programscol B$225K
Owns and owesPt X
$15K
net assets · Ln 32
Cash and savingsLn 1–2$15K
Total assetsLn 16$15K
LiabilitiesLn 26$0
PeoplePt VI, VII
2
listed · VII A
PaidVII A0
Voting boardVI 1a3
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$222K
Government grantsLn 1e$0
Noncash giftsLn 1g$0
Fundraising eventsLn 1c$0
Total revenueLn 12$222K
Assets in detailPt X, end of year
CashLn 1$15K
SavingsLn 2$0
Cash and savings togetherLn 1–2$15K
InvestmentsLn 11–13$0
Other assetsLn 15$0
Total assetsLn 16$15K
LiabilitiesLn 26$0
Net assetsLn 32$15K
OperationsPt I, VI
EmployeesI 50
VolunteersI 621
Fiscal year endsHeaderAugust
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$18K$15K
InvestmentsLn 11–13$0$0
Total assetsLn 16$18K$15K
LiabilitiesLn 26$0$0
Net assetsLn 32$18K$15K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$2K$2K
Grants to domestic individualsLn 2$10K$10K
Benefits paid to or for membersLn 4$0$0
Pay of current officers, directors and key staffLn 5$0$0
Pay of disqualified personsLn 6$0$0
Other salaries and wagesLn 7$0$0
Pension plan contributionsLn 8$0$0
Other employee benefitsLn 9$0$0
Payroll taxesLn 10$0$0
Management feesLn 11a$0$0
Legal feesLn 11b$0$0
Accounting feesLn 11c$0$0
Lobbying feesLn 11d$0$0
Professional fundraising feesLn 11e$0$0
Investment management feesLn 11f$0$0
Other fees for servicesLn 11g$25K$25K
Advertising and promotionLn 12$0$0
Office expensesLn 13$0$0
Information technologyLn 14$0$0
RoyaltiesLn 15$0$0
OccupancyLn 16$0$0
TravelLn 17$0$0
Travel and entertainment for public officialsLn 18$0$0
All other expensesLn 24e$187K$187K$0
Total functional expensesLn 25$225K$225K$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 $189K$30K 990 PDF
FY2023 $185K$43K 990 PDF
FY2022 Viewing $222K$225K−$3K$15K 990 PDF
FY2021 $62K$18K 990 PDF
FY2020 $36K$34K 990 PDF

Want to add your own materials alongside these filings? Claim this org

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 FY2022 990 (4 parts)
Part VIII · Statement of revenue $221,523 across 9 lines filed
VIII-1a Federated campaigns$0
VIII-1b Membership dues$0
VIII-1c Fundraising events$0
VIII-1d Related organizations$0
VIII-1e Government grants$0
VIII-1f All other contributions, gifts and grants$221,523
VIII-1g Noncash contributions (included above)$0
VIII-1h Total contributions, gifts and grants$221,523
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$221,523
Part IX · Statement of functional expenses $224,576 across 24 lines filed
IX-1 Grants to domestic organizationsPrograms $2,373$2,373
IX-2 Grants to domestic individualsPrograms $10,000$10,000
IX-4 Benefits paid to or for membersPrograms $0$0
IX-5 Pay of current officers, directors and key staffPrograms $0$0
IX-6 Pay of disqualified personsPrograms $0$0
IX-7 Other salaries and wagesPrograms $0$0
IX-8 Pension plan contributionsPrograms $0$0
IX-9 Other employee benefitsPrograms $0$0
IX-10 Payroll taxesPrograms $0$0
IX-11a Management feesPrograms $0$0
IX-11b Legal feesPrograms $0$0
IX-11c Accounting feesPrograms $0$0
IX-11d Lobbying feesPrograms $0$0
IX-11e Professional fundraising feesFundraising $0$0
IX-11f Investment management feesPrograms $0$0
IX-11g Other fees for servicesPrograms $25,000$25,000
IX-12 Advertising and promotionPrograms $0$0
IX-13 Office expensesPrograms $0$0
IX-14 Information technologyPrograms $0$0
IX-15 RoyaltiesPrograms $0$0
IX-16 OccupancyPrograms $0$0
IX-17 TravelPrograms $0$0
IX-18 Travel and entertainment for public officialsManagement $0$0
IX-24e All other expensesPrograms $187,203 · Fundraising $0$187,203
IX-25 Total functional expensesPrograms $224,576 · Management $0 · Fundraising $0$224,576
Part X · Balance sheet $14,782 assets, 20 lines filed
X-1 Cash, non-interest-bearingStart of year $17,939$14,782
X-2 Savings and temporary cash investmentsStart of year $0$0
X-3 Pledges and grants receivableStart of year $0$0
X-4 Accounts receivableStart of year $0$0
X-8 Inventories for sale or useStart of year $0$0
X-9 Prepaid expenses and deferred chargesStart of year $0$0
X-11 Publicly traded securitiesStart of year $0$0
X-12 Other securitiesStart of year $0$0
X-13 Program-related investmentsStart of year $0$0
X-14 Intangible assetsStart of year $0$0
X-15 Other assetsStart of year $0$0
X-16 Total assetsStart of year $17,939$14,782
X-17 Accounts payable and accrued expensesStart of year $0$0
X-18 Grants payableStart of year $0$0
X-19 Deferred revenueStart of year $0$0
X-20 Tax-exempt bond liabilitiesStart of year $0$0
X-24 Unsecured notes and loans payableStart of year $0$0
X-26 Total liabilitiesStart of year $0$0
X-32 Total net assets or fund balancesStart of year $17,939$14,782
X-33 Total liabilities and net assetsStart of year $17,939$14,782
Part XI · Reconciliation of net assets $14,782 net assets at year end
XI-1 Total revenue$221,523
XI-2 Total expenses$224,576
XI-3 Revenue less expenses−$3,053
XI-4 Net assets at start of year$17,939
XI-5 Net unrealized gains (losses) on investments$0
XI-6 Donated services and use of facilities$0
XI-7 Investment expenses$0
XI-8 Prior period adjustments−$104
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$14,782

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.