Golf Diversity Program

Portland, OR · Public charity (501(c)(3)) · Civil Rights & Advocacy

✓ Tax-deductible
Revenue
$4K
-98% vs prior year
Spent
$33K
To programs
65%
Net assets
$236K
By yearFY2021–FY2024
Revenue
$4K
FY2024▼ -98%
Revenue by fiscal year
FY2021$52K
FY2022$102K
FY2023$205K
FY2024$4K
Expenses
$33K
FY2024▼ -52%
Expenses by fiscal year
FY2021$23K
FY2022$2K
FY2023$69K
FY2024$33K
Net assets
$236K
FY2024▼ -11%
Net assets by fiscal year
FY2021$29K
FY2022$129K
FY2023$265K
FY2024$236K

From the FY2024 Form 990 · see the original

Status and standing

Is it real, and can you give to it?

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Filed FY2024 (typical filing lag)
Legal name (IRS)Hdr · item CGolf Diversity Program
EINHdr · item D87-1135483
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFApr 2022
Latest filingForm 990FY2024 · Form 990
Principal addressHdr · item CPortland, OR
NTEE classificationIRS BMFCivil Rights & Advocacy (R19)

Where the money goes

What each dollar paid for.

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.65 Management & general $0.35
Program services65%$21K
Management & general35%$12K
Total functional expensesLn 25$33K

Financial health

Is it on solid ground?

Program efficiency
65%
of spending reaches programs▼ -18% vs prior filing year
Operating runway
85.6mo
months of highly liquid reserves at operating expense rate▲ +86% vs prior filing year
Surplus margin
-779%
revenue over expenses, this year▼ -1274% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Total assets
$236K
FY2024▼ -11%
Total assets by fiscal year
FY2021$29K
FY2022$129K
FY2023$265K
FY2024$236K
Total liabilities
$0
FY2024▼ -100%
Total liabilities by fiscal year
FY2021$0
FY2022$0
FY2023$507
FY2024$0
Revenue less expensesPt I · Ln 19−$29K
Total assetsPt X · Ln 16$236K
Program-expense ratioPt IX · col B65%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 45

Balance Sheet

Part X · end of year
CashLn 1$236K
Total assetsLn 16$236K
Total liabilitiesLn 26$0
Total net assetsLn 32$236K
Months of cash on handcomputed85.6

Statement of Revenue

Part VIII
Investment income100%$4K
Total revenueLn 12$4K

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $236K · Operating expenses/yr $33K
85.6 months
Where the money goes
Program services
Program services $21K · Total expenses $33K
65%
Management & General
Management & general $12K · Total expenses $33K
35%
Fundraising
Fundraising $0 · Total expenses $33K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $100K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $0 · Total revenue $4K
0%
Government reliance
Government grants — · Total revenue $4K
—
Earned-income share
Program service revenue $0 · Total revenue $4K
0%
Investment reliance
Investment income $4K · Total revenue $4K
+100%
Program self-sufficiency
Program service revenue $0 · Total expenses $33K
0%
Growth & trend
Revenue growth (YoY)
This year $4K · Prior year $205K
-98%
Net-asset trend (YoY)
End of year $236K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $4K · Expenses $33K
-779%
Liabilities-to-Assets
Total liabilities — · Total assets $236K
—
Net-asset ratio
Net assets $236K · Total assets $236K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $236K
0%
People & payroll
Highest Reported Total Compensation
Individual Peter Jacobsen · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $33K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $0 · Total expenses $33K
0%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 65%——
Overhead ratio 35%——
Revenue growth -98%——
Investment management fee ratio 0%——
Legal fee ratio 0.9%——
Accounting fee ratio 6%——
Fundraising fee ratio 0%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Leadership and pay

Who runs it, and what are they paid?

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
See Golf Diversity Program executive salaries →

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Governance & Policies

Part VI
  • 6Voting board membersPt VI · Ln 1a
  • 5Independent board membersPt VI · Ln 1b
  • Conflict-of-interest policyPt VI · Ln 12aYes
  • Whistleblower policyPt VI · Ln 13No
  • Document retention policyPt VI · Ln 14No
  • Top official’s pay independently reviewedPt VI · Ln 15aNo
  • Family or business ties among leadersPt VI · Ln 2Yes

Mission and programs

What it does.

Diversifies golf leadership by connecting minorities to industry opportunities and knowledge.

Provided by the organization

This section is blank until Golf Diversity Program claims this page.

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Mission & Programs · Part III

Where the work happens

1 program service account for $21K of program spending, described in the organization's own filed words · FY2024.
01

In 2024, golf diversity program joined the chevron championship with the career days, a two-day event held during the tournament at the club at carlton woods in the woodlands, texas. One day is focused on high school women aged 12-17 and the other was geared toward female athletes from historically black colleges and universities.

$21Kprogram expense

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Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2024 Latest Viewing $4K$33K-98% 990 PDF
FY2023 $205K$69K+102% 990 PDF
FY2022 $102K$2K+95% 990 PDF
FY2021 $52K$23K 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

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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