Golf Diversity Program FY2023 filing

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The corporation's mission is to help diversify the next generation of golf's leadership through enriching programs and experiences that create industry connections provide awareness of opportunities, and expand knowledge of the Golf industgry to minorities.

Form 990 Part I, line 1, FY2023. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 87-1135483) · Dispute this line
501(c)(3) charity; gifts are tax-deductible.
79¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
The latest return is for FY2024, 2 tax years back.
IRS e-file · Filing history
Surplus or deficit
3 of 4
filings with a surplus
Average surplus $59K a year · 65% of revenue · last 4 filings
A surplus in 3 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
79%
of spending
79% of spending went to programs.
Pt IX · Ln 25 · col B
46.1 mo
of spending, in cash
46.1 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$507
0.2% of total assets
Liabilities are 0.2% of assets.
Pt X · Ln 26
Independent board members
5
of 6 voting members
5 of 6 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$205K
+102% vs prior year
Spent
$69K
To programs
79%
Net assets
$265K
By yearFY2021–FY2024
Revenue
$205K
FY2023▲ +102%
Tap a bar for its year
Revenue by fiscal year
FY2021$52K
FY2022$102K
FY2023$205K
FY2024$4K
Expenses
$69K
FY2023▲ ×46
Tap a bar for its year
Expenses by fiscal year
FY2021$23K
FY2022$2K
FY2023$69K
FY2024$33K
Net assets
$265K
FY2023▲ +106%
Tap a bar for its year
Net assets by fiscal year
FY2021$29K
FY2022$129K
FY2023$265K
FY2024$236K

From the FY2023 Form 990 · see the original

You’re viewing the FY2023 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 Apr 2022.

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

Where the money goes

79 cents of each dollar spent went to programs.

Program services 79% · $55K Management & general 21% · $14K

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

7 people listed on the 990.

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 →

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

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

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2 programs · $55K · in their own filed words · FY2023
01

The golf diversity program visited alabama state university in february 2023 during their spring kickoff classic collegiate golf tournament. We had more than 100 participating student-athletes and coaches from 13 different historically black colleges and universities (hbcus) join us for dinner and a conversation with host peter jacobsen…

Form 990 Part III, line 4, FY2023. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 87-1135483) · Dispute this line
$30Kprogram expense
02

In april 2023, a golf diversity program day was held for howard university's men's and women's golf teams at topgolf national harbor in washington, D.C. The athletes participated in an engaging panel discussion, followed by dinner and open play with host peter jacobsen, and guests chris o'connell, keith "fig" newton, and jeremy aisenberg.

Form 990 Part III, line 4, FY2023. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 87-1135483) · Dispute this line
$24Kprogram expense

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$205K
Ln 12
Gifts and grantsLn 1h$200K
Investment incomeLn 3$5K
Money outPt IX
$69K
Ln 25
Programscol B$55K
Managementcol C$14K
Owns and owesPt X
$265K
net assets · Ln 32
Cash and savingsLn 1–2$265K
Total assetsLn 16$265K
LiabilitiesLn 26$507
PeoplePt VI, VII
7
listed · VII A
PaidVII A0
Voting boardVI 1a6
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$200K
Investment incomeLn 3$5K
Total revenueLn 12$205K
Assets in detailPt X, end of year
CashLn 1$265K
Cash and savings togetherLn 1–2$265K
Total assetsLn 16$265K
LiabilitiesLn 26$507
Net assetsLn 32$265K
OperationsPt I, VI
EmployeesI 50
VolunteersI 66
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$129K$265K
Total assetsLn 16$129K$265K
LiabilitiesLn 26$0$507
Net assetsLn 32$129K$265K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Management feesLn 11a$30K$30K
Legal feesLn 11b$425$425
Accounting feesLn 11c$5K$5K
TravelLn 17$6K$6K
InsuranceLn 23$1K$1K
Other expenses (24a–d)Ln 24$21K$16K$5K
All other expensesLn 24e$5K$3K$2K
Total functional expensesLn 25$69K$55K$14K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 LatestFiled with the IRS Nov 10, 2025 $4K$33K−$29K$236K 990 PDF
FY2023 ViewingFiled with the IRS Aug 29, 2024 $205K$69K$136K$265K 990 PDF
FY2022Filed with the IRS Nov 13, 2023 $102K$2K$100K$129K 990 PDF
FY2021Filed with the IRS Nov 15, 2022 $52K$23K$29K$29K 990 PDF

Schedules filed Part IV

A · Public support I · Grants O · Explanations
See the full FY2023 990
Part I · Summary $205,431 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $101,500$200,000
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $0$5,431
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $101,500$205,431
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $1,511$69,150
I-18 Total expensesPrior year $1,511$69,150
I-19 Revenue less expensesPrior year $99,989$136,281
Part VI · Governance 5 of 6 board members independent, 4 to look at
VI-1a Voting members of the governing body6
VI-1b Independent voting members5
VI-2 Family or business relationship among officers or directorsYes
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-12a Written conflict of interest policyYes
Part VIII · Statement of revenue $205,431 across 4 lines filed
VIII-1f All other contributions, gifts and grants$200,000
VIII-1h Total contributions, gifts and grants$200,000
VIII-3 Investment incomeUnrelated business $5,431$5,431
VIII-12 Total revenueRelated to mission $0 · Unrelated business $5,431 · Excluded from tax $0$205,431
Part IX · Statement of functional expenses $69,150 across 7 lines filed
IX-11a Management feesPrograms $30,000$30,000
IX-11b Legal feesManagement $425$425
IX-11c Accounting feesManagement $5,000$5,000
IX-17 TravelPrograms $5,890$5,890
IX-23 InsuranceManagement $1,410$1,410
IX-24 Other expenses (24a–d)Programs $15,794 · Management $5,351$21,145
IX-24e All other expensesPrograms $3,170 · Management $2,110$5,280
IX-25 Total functional expensesPrograms $54,854 · Management $14,296 · Fundraising $0$69,150
Part X · Balance sheet $265,459 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $128,671$265,459
X-16 Total assetsStart of year $128,671$265,459
X-17 Accounts payable and accrued expensesStart of year $0$507
X-26 Total liabilitiesStart of year $0$507
X-29 Capital stock or trust principalStart of year $0$0
X-30 Paid-in or capital surplusStart of year $0$0
X-31 Retained earnings or endowmentStart of year $128,671$264,952
X-32 Total net assets or fund balancesStart of year $128,671$264,952
X-33 Total liabilities and net assetsStart of year $128,671$265,459
Part XI · Reconciliation of net assets $264,952 net assets at year end
XI-1 Total revenue$205,431
XI-2 Total expenses$69,150
XI-3 Revenue less expenses$136,281
XI-4 Net assets at start of year$128,671
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$264,952

Form 990 e-file FY2023 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

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