PGA FINANCIAL ASSISTANCE FUND INC: Form 990, tax year 2024
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- Organization
- PGA FINANCIAL ASSISTANCE FUND INC (EIN 65-0443262)
- Tax period
- 2024-04-01 to 2025-03-31
- Filed
- 2026-01-30
- IRS object ID
- 202640309349300029
- Schema version
- 2024v5.5
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2026-01-30T10:32:45-06:00 | ReturnTs |
| Tax Period End | 2025-03-31 | TaxPeriodEndDt |
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2024-04-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 650443262 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PGA Financial Assistance Fund Inc | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | PGAF | BusinessNameControlTxt |
| Phone | 5616248400 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1916 PGA Parkway | AddressLine1Txt |
| City | Frisco | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75033 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | John Connelly | PersonNm |
| Person Title | CFO | PersonTitleTxt |
| Phone | 5616248400 | PhoneNum |
| Signature | 2025-09-01 | SignatureDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Derek Sprague | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1916 PGA Parkway | AddressLine1Txt |
| City | Frisco | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75033 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $1,117,773 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | _ | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1993 | FormationYr |
| Legal Domicile State | FL | LegalDomicileStateCd |
| Activity Or Mission | The Organization's primary exempt purpose is to promote higher education through financial aid. | ActivityOrMissionDesc |
| Voting Members Governing Body | 4 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 0 | VotingMembersIndependentCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $253,320 | PYContributionsGrantsAmt |
| CY Contributions Grants | $170,046 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $468,502 | PYInvestmentIncomeAmt |
| CY Investment Income | $947,727 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $721,822 | PYTotalRevenueAmt |
| CY Total Revenue | $1,117,773 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $400,000 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $400,000 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $0 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $0 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $29,561 | PYOtherExpensesAmt |
| CY Other Expenses | $29,508 | CYOtherExpensesAmt |
| PY Total Expenses | $429,561 | PYTotalExpensesAmt |
| CY Total Expenses | $429,508 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $292,261 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $688,265 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $9,234,008 | TotalAssetsBOYAmt |
| Total Assets EOY | $8,845,054 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $978,348 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $6,806 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $8,255,660 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $8,838,248 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | The Organization's primary exempt purpose is to encourage & promote the attainment of higher educational goals by awarding scholarships based on a high level of academic achievement. In addition, the Organization's purpose is to provide temporary financial aid to those in dire financial need usually as a result of an accident or sudden illness. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $417,500 | ExpenseAmt |
| Grant | $400,000 | GrantAmt |
| Desc | Scholarship Programs - As detailed on Schedule I, numerous individuals were granted scholarships to attend various colleges and universities as a result of their high academic achievements. | Desc |
| Total Program Service Expenses | $417,500 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | 0 | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | 0 | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | 0 | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | Yes (1) | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| Info In Schedule O Part V | Yes (X) | InfoInScheduleOPartVInd |
| IRP Document | 0 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 0 | EmployeeCnt |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | Yes (1) | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 4 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 0 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | 0 | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | FL | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Controller | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 5616248400 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1916 PGA Parkway | AddressLine1Txt |
| City | Frisco | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75034 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (15 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd |
|---|---|---|---|---|---|---|---|---|---|---|
| Seth Waugh | ||||||||||
| CEO | 1.00 | 39.00 | Yes (X) | Yes (X) | $0 | $3,897,897 | $7,044 | |||
| Eric Eshleman | ||||||||||
| Secretary | 1.00 | 9.00 | Yes (X) | Yes (X) | $0 | $10,935 | $0 | |||
| Don Rea | ||||||||||
| President | 1.00 | 9.00 | Yes (X) | Yes (X) | $0 | $81,477 | $0 | |||
| Nathan Charnes | ||||||||||
| Vice President | 1.00 | 9.00 | Yes (X) | Yes (X) | $0 | $87,774 | $0 | |||
| Henry Smokler | ||||||||||
| General Counsel | 1.00 | 39.00 | Yes (X) | $0 | $747,264 | $47,970 | ||||
| Craig Kessler | ||||||||||
| COO | 1.00 | 39.00 | Yes (X) | $0 | $1,318,995 | $59,210 | ||||
| John Connelly | ||||||||||
| CFO | 1.00 | 39.00 | Yes (X) | $0 | $590,177 | $17,276 | ||||
| Derek Sprague | ||||||||||
| CEO | 1.00 | 39.00 | Yes (X) | $0 | $5,230 | $0 | ||||
| John Easterbrook | ||||||||||
| CMO | 1.00 | 39.00 | $0 | $1,083,006 | $39,339 | Yes (X) | ||||
| Sandra Cross | ||||||||||
| CPO | 1.00 | 39.00 | $0 | $508,835 | $40,827 | Yes (X) | ||||
| Kevin Scott | ||||||||||
| CTO | 1.00 | 39.00 | $0 | $513,115 | $34,513 | Yes (X) | ||||
| Drew Blasband | ||||||||||
| SD | 1.00 | 39.00 | $0 | $381,579 | $63,795 | Yes (X) | ||||
| Jeffrey Bloom | ||||||||||
| FP&B Controller | 1.00 | 39.00 | $0 | $334,304 | $55,101 | Yes (X) | ||||
| Diane Patz | ||||||||||
| Senior Director | 1.00 | 39.00 | $0 | $328,819 | $51,695 | Yes (X) | ||||
| John Lindert | ||||||||||
| Past President | 0.00 | 0.00 | $0 | $110,814 | $0 | Yes (X) | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $0 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $10,000,221 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $416,770 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 0 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (1) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
| Cntrct Rcvd Greater Than100 K | 0 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $170,046 | AllOtherContributionsAmt |
| Total Contributions | $170,046 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $242,959 | TotalRevenueColumnAmt |
| Exclusion | $242,959 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $704,768 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $0 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $704,768 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $704,768 | TotalRevenueColumnAmt |
| Exclusion | $704,768 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,117,773 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $947,727 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $400,000 | TotalAmt |
| Program Services | $400,000 | ProgramServicesAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,000 | TotalAmt |
| Management And General | $12,000 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $17,508 | TotalAmt |
| Program Services | $17,500 | ProgramServicesAmt |
| Management And General | $8 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $429,508 | TotalAmt |
| Program Services | $417,500 | ProgramServicesAmt |
| Management And General | $12,008 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $550 | BOYAmt |
| EOY | $550 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,233,458 | BOYAmt |
| EOY | $8,844,504 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,234,008 | BOYAmt |
| EOY | $8,845,054 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,115 | BOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $977,233 | BOYAmt |
| EOY | $6,806 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $978,348 | BOYAmt |
| EOY | $6,806 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,255,660 | BOYAmt |
| EOY | $8,838,248 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,255,660 | BOYAmt |
| EOY | $8,838,248 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,234,008 | BOYAmt |
| EOY | $8,845,054 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $688,265 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$105,677 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $164,519 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $150,476 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $187,541 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $253,320 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $170,046 | CurrentTaxYearAmt |
| Total | $925,902 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $164,519 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $150,476 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $187,541 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $253,320 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $170,046 | CurrentTaxYearAmt |
| Total | $925,902 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | $925,902 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $166,790 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $125,492 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $157,263 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $239,228 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $242,959 | CurrentTaxYearAmt |
| Total | $931,732 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $1,857,634 | TotalSupportAmt |
| Public Support CY170 | 0.49840 | PublicSupportCY170Pct |
| Public Support PY170 | 0.51420 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $0 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Due to affiliates | Desc |
| Amt | $6,806 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $6,806 | TotalLiabilityAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | 0 | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (2 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt |
|---|---|---|
| Scholarships - PGA FAF | 175 | $350,000 |
| Scholarships - John Cox | 10 | $50,000 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Line 2: | FormAndLineReferenceDesc |
| Explanation | College scholarships are made available to children and grandchildren of PGA of America members. The scholarship programs award students on an acedemic basis taking into account GPA, SAT and/or ACT test scores, and extracurricular activities. The scholarship checks are cut to each specific university for the benefit of the scholarship award recipient. This way, the scholarship is used for its intended purpose, higher education. The Benevolent & Relief Fund provides financial aid to members of the PGA of America. Applications for aid are reviewed by staff to assure that the "destitute" requirement is met. Qualified applications are then reviewed and approved by the Board of Control of the PGA of America which is a committee chaired by the secretary of the PGA of America. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| First Class Or Charter Travel | Yes (X) | FirstClassOrCharterTravelInd |
| Travel For Companions | Yes (X) | TravelForCompanionsInd |
| Idemnification Gross Up Pmts | Yes (X) | IdemnificationGrossUpPmtsInd |
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Personal Services | Yes (X) | PersonalServicesInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Severance Payment | Yes (1) | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (11 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Seth Waugh | ||||||||||||||
| CEO | $0 | $1,166,418 | $0 | $1,296,000 | $0 | $1,435,479 | $0 | $0 | $0 | $7,044 | $0 | $3,904,941 | $0 | $0 |
| Craig Kessler | ||||||||||||||
| COO | $0 | $936,045 | $0 | $290,000 | $0 | $92,950 | $0 | $26,904 | $0 | $32,306 | $0 | $1,378,205 | $0 | $0 |
| John Easterbrook | ||||||||||||||
| CMO | $0 | $710,461 | $0 | $253,063 | $0 | $119,482 | $0 | $31,050 | $0 | $8,289 | $0 | $1,122,345 | $0 | $0 |
| Henry Smokler | ||||||||||||||
| General Counsel | $0 | $511,991 | $0 | $160,974 | $0 | $74,299 | $0 | $34,500 | $0 | $13,470 | $0 | $795,234 | $0 | $0 |
| John Connelly | ||||||||||||||
| CFO | $0 | $487,034 | $0 | $61,478 | $0 | $41,665 | $0 | $17,250 | $0 | $26 | $0 | $607,453 | $0 | $0 |
| Sandra Cross | ||||||||||||||
| CPO | $0 | $339,630 | $0 | $106,847 | $0 | $62,358 | $0 | $31,785 | $0 | $9,042 | $0 | $549,662 | $0 | $0 |
| Kevin Scott | ||||||||||||||
| CTO | $0 | $337,853 | $0 | $111,121 | $0 | $64,141 | $0 | $34,500 | $0 | $13 | $0 | $547,628 | $0 | $0 |
| Drew Blasband | ||||||||||||||
| SD | $0 | $288,592 | $0 | $67,534 | $0 | $25,453 | $0 | $34,500 | $0 | $29,295 | $0 | $445,374 | $0 | $0 |
| Jeffrey Bloom | ||||||||||||||
| FP&B Controller | $0 | $249,697 | $0 | $54,115 | $0 | $30,492 | $0 | $33,783 | $0 | $21,318 | $0 | $389,405 | $0 | $0 |
| Diane Patz | ||||||||||||||
| Senior Director | $0 | $233,001 | $0 | $53,809 | $0 | $42,009 | $0 | $33,595 | $0 | $18,100 | $0 | $380,514 | $0 | $0 |
| John Lindert | ||||||||||||||
| Past President | $0 | $0 | $0 | $0 | $0 | $110,814 | $0 | $0 | $0 | $0 | $0 | $110,814 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part I, Line 1a | In certain cases employees, officers, board members, and/or their companions are provided the following items. - Certain employees, officers, board members, and/or their companions may utilize first class or charter travel for business purposes based on security, privacy, and timing concerns. - Certain employees and officers are provided health or social club dues or initiation fees. - Certain employees and officers are provided personal services. - Certain employees, officers, and board members are provided tax gross-up payments. All items that result in reportable compensation are properly reported to the individual recipient either within their W-2 or 1099 reporting each year. |
| Part I, Line 3 | Related Org Methods Used for Compensation Explanation. The CEO is paid by a related organization. The CEO's compensation is established by the related organization through the use of the following methods: a compensation committee; an independent consultant; and, a compensation survey or study. The compensation is documented in a written employment contract and approved by the board or compensation committee. |
| Part I, Line 4a | Seth Waugh - $1,136,842 |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part V, Line 15 - Additional Information | Compensation of more than $1,000,000 may be paid by a related organization, PGA Corporation (EIN 65-1101063) who files Form 4720 when applicable. |
| Form 990, Part VI, Section B, line 11b | Form 990 is prepared by the tax department and then reviewed by the Senior Director, Tax & Section Finance and CFO prior to filing with the Internal Revenue Service. |
| Form 990, Part VI, Section B, line 12c | All members of the Board of Directors receive a conflict of interest policy at the time they are elected to the Board, which is then updated annually. The conflict of interest policy requires Directors to avoid conflict situations. In the event a conflict arises, they are required to disclose the conflict to the other Directors so they can take appropriate action. |
| Form 990, Part VI, Section B, line 15 | The organization has no employees of its own. The officers and top management officials are paid by a related company. For this related company, all employee compensation is determined based on comparability data and performance evaluations and the deliberation and decision process is contemporaneously substantiated. Certain positions may also be subject to review and approval by the board of directors with the assistance of independent consultants. |
| Form 990, Part VI, Section C, line 19 | The organization makes its governing documents, policies, and financial statements available to the public upon request. |
| Form 990, Part VI - Additional Information | Lines 12, 13 and 14 - The Charity applies the written conflict of interest policy, written whistleblower policy and written document retention and destruction policy that have been adopted by its related organization, The Professional Golfers' Association of America. Line 15 - All compensation is being reported on the Charity's Form 990 as related compensation. The Charity's related organization, The Professional Golfers' Association of America, conducts the compensation review process described in Part VI, Line 15. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Direct Controlling NADirectControllingNACd | Controlled OrganizationControlledOrganizationInd | Public Charity StatusPublicCharityStatusTxt |
|---|---|---|---|---|---|---|---|---|---|---|
| PGA of America | ||||||||||
| 1916 PGA Parkway | Frisco | TX | 75033 | 590785835 | Member org | FL | 501(c)(6) | N/A | 0 | |
| PGA Foundation Inc | ||||||||||
| 1916 PGA Parkway | Frisco | TX | 75033 | 650443262 | Finc'l aid | FL | 501(c)(3) | N/A | 0 | Line 7 |
Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PGA SIF LP | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 109601 | AddressLine1Txt |
| City | Palm Beach Gardens | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 334109601 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 464931782 | EIN |
| Primary Activities | Investment | PrimaryActivitiesTxt |
| Legal Domicile State | DE | LegalDomicileStateCd |
| Direct Controlling NA | N/A | DirectControllingNACd |
| Disproportionate Allocations | 0 | DisproportionateAllocationsInd |
| General Or Managing Partner | 0 | GeneralOrManagingPartnerInd |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (9 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Direct Controlling NADirectControllingNACd | Entity TypeEntityTypeTxt | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|
| Nextgengolf Inc | |||||||||
| 1916 PGA Parkway | Frisco | TX | 75033 | 464420151 | Golf Rltd. | FL | N/A | C | Yes (1) |
| PGA Corporation | |||||||||
| 1916 PGA Parkway | Frisco | TX | 75033 | 591101063 | Employee Management | FL | N/A | C | Yes (1) |
| PGA Golf Enterprises Inc | |||||||||
| 1916 PGA Parkway | Frisco | TX | 75033 | 650397758 | Licensing | FL | N/A | C | Yes (1) |
| PGA Golf Properties Inc | |||||||||
| 1916 PGA Parkway | Frisco | TX | 75033 | 592763185 | Golf Rltd. | FL | N/A | C | Yes (1) |
| PGA Golf Partners Inc | |||||||||
| 1916 PGA Parkway | Frisco | TX | 75033 | 650394728 | Golf Rltd. | FL | N/A | C | Yes (1) |
| PGA Management Services Inc | |||||||||
| 1916 PGA Parkway | Frisco | TX | 75033 | 650394727 | Employee Management | FL | N/A | C | Yes (1) |
| PGA Reserve Inc | |||||||||
| 1916 PGA Parkway | Frisco | TX | 75033 | 650520200 | Golf Course Operation | FL | N/A | C | Yes (1) |
| PGA Tournament Corporation Inc | |||||||||
| 1916 PGA Parkway | Frisco | TX | 75033 | 650394725 | Spectator Event Management | FL | N/A | C | Yes (1) |
| PGA Valhalla Inc | |||||||||
| 1916 PGA Parkway | Frisco | TX | 75033 | 650447187 | Golf Rltd. | FL | N/A | C | Yes (1) |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (1) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (1) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp
Other Organization Name OtherOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PGA of America | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | R | TransactionTypeTxt |
| Involved | $970,427 | InvolvedAmt |
| Method Of Amount Determination | Intercompany Settlement | MethodOfAmountDeterminationTxt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule R - Additional Information | FormAndLineReferenceDesc |
| Explanation | The organization shares certain facilities and equipment with the PGA of America. PGA Corporation is the direct employer for most of the related organizations and the organization shares some of these employees. PGA of America holds the general disbursement account for most of the related organizations. This general disbursement account is used for cost savings, efficiencies, and is not for purposes of paying bills for related parties who do not have enough liquidity to pay their own expenses. PGA of America disburses funds for expenses of the PGA Financial Assistance Fund. The PGA Financial Assistance Fund reimburses PGA of America for these disbursements on a periodic basis. | ExplanationTxt |