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Golden Tee Golf Club

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 752101198 ✦ Fort worth, TX ✦ Designated as a 501(c)(3)

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Overview

What is Golden Tee Golf Club?

Golden Tee Golf Club is a nonprofit organization situated in Fort Worth, Texas. Their primary focus is to organize golf tournaments, with the aim of generating funds for academic scholarships for local youth within their community. Any surplus earnings from these events are channeled towards this noble cause. Additionally, Golden Tee Golf Club is affiliated with a bingo trust, which contributes to their revenue generation. The organization operates as a social golf association, welcoming the public, with the remaining proceeds distributed to other eligible exempt organizations.

Is Golden Tee Golf Club legitimate?

Golden Tee Golf Club is a legitimate nonprofit organization registered as a 501(c)(3) entity. Golden Tee Golf Club submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Golden Tee Golf Club?

Golden Tee Golf Club operates as a social golf association open to the public. Any surplus earnings from their activities are channeled towards academic scholarships or donated to other exempt organizations. The club is also connected to a bingo trust, which contributes revenue to the golf association. The primary goal of Golden Tee Golf Club is to host golf tournaments, with the proceeds being used to provide academic scholarships for youth within the community.

Who is the CEO of Golden Tee Golf Club?

Elvin Bennett is the President of Golden Tee Golf Club.

What is the revenue of Golden Tee Golf Club?

Golden Tee Golf Club's revenue in 2022 was $40,226.

Who are the executives of Golden Tee Golf Club and what are their salaries?


Here are 3 key members and their salaries:


Elvin Bennett (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Louis Carr (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Henry Brazzile (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Golden Tee Golf Club?

Golden Tee Golf Club's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Golden Tee Golf Club

Golden Tee Golf Club is a non-profit organization with a unique mission. Primarily functioning as a social golf association open to the public, Golden Tee Golf Club distinguishes itself by ensuring that any surplus earnings are channeled towards academic scholarships or directed towards other exempt organizations. Furthermore, the club is also associated with a bingo trust, a revenue-generating entity that supports the Golden Tee Golf Club. One of the primary activities of this non-profit institution is hosting golf tournaments, designed to raise funds for scholarships aimed at benefiting youth within the local community.

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Impact




August, 2024

The Golden Tee Golf Club has made a significant impact by providing academic scholarships to youth in the community through its nonprofit golf association. By organizing golf tournaments and leveraging revenue generated from its bingo trust, the club has been able to support educational opportunities for deserving students. This initiative not only fosters community engagement but also helps nurture the academic growth of young individuals. The club's focus on supporting education demonstrates a commitment to investing in the future and empowering the next generation.




This information is meant to be a general summary of Golden Tee Golf Club. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$40,226 (2022)
Expenses
$1,500 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $464,409

Assets and Liabilities:

  • Total Assets: $126,838
  • Total Liabilities: $0
  • Net Assets: $126,838

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Organization Details

Founding Year

1987

Principal Officer

Elvin Bennett

Main Address

PO BOX 50522, FORT WORTH, TX, 761050522

NTEE Category

Code: N6A - Recreation

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