Overview
What is Golf Brevard Inc?
Golf Brevard Inc, a nonprofit based in Melbourne Beach, Florida, was established with the aim of alleviating the financial burden on Brevard County by managing its public golf courses, Spessard Holland and The Habitat. The primary mission of this organization is to maintain and improve the courses, ensuring they operate at first-class standards. The revenue generated from these activities is reinvested into course maintenance and improvements, keeping Golf Brevard Inc self-sufficient. The organization's efforts have resulted in a significant increase in the number of golf rounds played annually, with a 10.1% increase from the previous year and a 37.5% increase since the beginning of operations. This growth indicates the general public's appreciation for the improved courses, benefiting from the organization's efficient management. The government of Brevard County also benefits by being relieved of the financial burden of operating the golf courses and allocating the savings towards other necessary expenditures. With a workforce of 79 employees, Golf Brevard Inc continues to serve its purpose effectively, contributing to the enjoyment of golf and the well-being of the community.
Official website here: www.brevard.golf
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning a Two-Star out of Four Star rating.
Golf Brevard Inc has received a Two-Star rating from Charity Navigator, indicating a fair level of performance in accountability and finance. Notably, the organization has a fully independent board, with 100% of its members being independent, which demonstrates strong governance practices. Their program expense ratio is commendable at nearly 90%, suggesting that a significant portion of their funds is directed towards their programs rather than administrative costs.
However, there are several areas where the organization falls short, particularly concerning their financial transparency. The lack of financial statements and missing policies on whistleblower protection and document retention significantly hurt their accountability score. Additionally, the absence of posted tax forms on their website raises concerns about their overall transparency and accessibility of financial information to the public.
While Golf Brevard Inc shows strength in governance and program spending, the limitations in financial reporting and missing policies could impact donor confidence. Improved transparency measures would enhance the organization’s rating and effectiveness in securing support.
This AI summary has been generated from information found on Charity Navigator.
Is Golf Brevard Inc legitimate?
Golf Brevard Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Golf Brevard Inc 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: $146,276
Professional Fundraising Fees: $0
Other Salaries and Wages: $996,144
For more financial information, click here
Official website here: www.brevard.golf
What is the mission statement of Golf Brevard Inc?
Golf Brevard Inc was established with the primary objective of alleviating the government's burden in managing and improving public golf courses, specifically Spessard Holland and The Habitat, located in an unspecified area. The organization's mission is to preserve affordable public golfing by consistently improving the courses' conditions, ensuring proper management, and making the courses financially sustainable. The public benefits from the organization's efforts, as evidenced by the continually improving physical conditions of the golf courses and the increase in rounds played annually. Excess revenue generated is reinvested back into course maintenance and improvements, ensuring the organization's self-sufficiency. The government benefits from this arrangement, as it is relieved of the financial burden of operating the golf courses and can allocate the savings towards other governmental requirements.
Official website here: www.brevard.golf
Who is the CEO of Golf Brevard Inc?
Steve Proctor is the Chair of Golf Brevard Inc.
Official website here: www.brevard.golf
What is the revenue of Golf Brevard Inc?
Golf Brevard Inc's revenue in 2022 was $3,568,541.
Official website here: www.brevard.golf
Who are the executives of Golf Brevard Inc and what are their salaries?
The average compensation at Golf Brevard Inc during 2022 was $14,461. There are 79 employees at Golf Brevard Inc.
Here are 7 key members and their salaries:
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- Compensation: $132,962
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Official website here: www.brevard.golf
Where can I find the form 990 for Golf Brevard Inc?
Golf Brevard Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.brevard.golf
Learn more at the official website: www.brevard.golf
Mission Statement of Golf Brevard Inc
Golf Brevard Inc, a nonprofit organization, was established with a primary mission to alleviate the financial burden on the government in managing public golf courses. Specifically, the corporation focuses on Spessard Holland and The Habitat courses in Brevard County, Florida. The primary objective of Golf Brevard Inc is to preserve affordable public golf in the southern part of the county by continually improving the physical conditions of the golf courses, effectively managing them, and ensuring their self-sufficiency.
The organization's efforts have resulted in the golf courses operating at first-class standards, with the general public benefiting from the improved facilities. The increased rounds played annually, such as the 101,822 rounds in the latest fiscal year, which is a 10.1% increase from the previous year and a 37.5% increase from the first year of operation, demonstrate the success of Golf Brevard Inc's management and maintenance strategies. The excess revenue generated from these operations is then reinvested back into the courses, ensuring their continued improvement and self-sufficiency.
In essence, Golf Brevard Inc plays a crucial role in maintaining and enhancing the quality of public golf courses, providing an affordable and enjoyable experience for the community while also relieving the government of financial responsibility for their operation. This mission has led to significant improvements in the golf courses, benefiting both the general public and the government of Brevard County.
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Impact
July, 2024
Golf Brevard Inc's impact is significant in lessening the burden on the government of Brevard County, Florida, by operating, maintaining, and improving its public golf courses – Spessard Holland and The Habitat. The organization operates the courses according to first-class standards, leading to improved physical conditions and an increase in total golf rounds played annually. By being self-sufficient and reinvesting excess revenue into course maintenance and improvements, Golf Brevard Inc benefits the general public by providing affordable public golf in Southern Brevard County. This effective management not only serves the community but also allows the government to allocate savings to other crucial requirements, demonstrating the tangible public benefit of the organization's efforts.
This information is meant to be a general summary of Golf Brevard Inc. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: -$1,356
- Program Service Revenue: $3,222,502
- Gross Receipts: $3,885,931
Assets and Liabilities:
- Total Assets: $7,986,429
- Total Liabilities: $6,188,822
- Net Assets: $1,797,607
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
GOLFING REVENUE
Revenue
$2,800,825
GOLF MEMBERSHIPS
Revenue
$420,147
EVENT SERVICES
Revenue
$1,530
Organization Details
Founding Year
2018
Phone
(321) 952-4529Principal Officer
Steve Proctor
Main Address
2374 OAK STREET, MELBOURNE BEACH, FL, 32951
Website
www.brevard.golfNTEE Category
Code: W20 - Public benefit
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