FRIENDS OF GOLF INC C/O GELFAND RENNERT & FELDMAN LLC Charity Report

Public IRS 990 nonprofit record

FRIENDS OF GOLF INC C/O GELFAND RENNERT & FELDMAN LLC

EIN 95-3668541 · Education (B)

What they do

RAISE MONEY for ORGANIZATIONS (PRIMARILY COLLEGES and UNIVERSITIES) to ASSIST THEM IN THE ESTABLISHMENT AND/OR MAINTENANCE of GOLF PROGRAMS or to PROVIDE SCHOLARSHIPS to STUDENTS.

Before you give

Should I give to this charity?

Easy charity check

The spending raises an important question

Of every $100 spent, about $8.00 was reported for mission work and $0.00 for fundraising. Understand this before you give.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders38 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

0.82%of revenue went to mission work8.0% of expenses · Program services

$10.21spent for every $100 of revenueRevenue covered expenses this year.

9.40%of revenue went to management and office costs92.0% of expenses

$26.11in assets for every $1 spent this yearSome assets cannot be spent right away.

106.7%of its money came from giftsOther money may come from services or investments.

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Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$367,597

Mission workProgram services$3,0000.82% of revenue8.0% of expenses

ManagementOffice and general costs$34,5429.40% of revenue92.0% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Revenue left after expensesReported annual surplus$330,05589.79% of revenueShown in gray on the chart

Total expenses$37,54210.21% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Pause before giving. This filing reports that 0.0% of spending went to fundraising and 8.0% went to mission work. Ask the charity to explain these numbers and show recent results.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 8.0% mission · 92.0% management · 0.0% fundraisingTotal expenses: 10.21% of revenue

2023Expense mix: 84.3% mission · 15.7% management · 0.0% fundraisingTotal expenses: 147.56% of revenue

2021Expense mix: 85.9% mission · 14.1% management · 0.0% fundraisingTotal expenses: 209.97% of revenue

2020Expense mix: 78.3% mission · 21.7% management · 0.0% fundraisingTotal expenses: 134.52% of revenue

Money in and money out

Revenue$367,597

Expenses$37,542

Annual surplus $330,055 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$3,000 · 8.0% of expenses

Management and office costs$34,542 · 92.0% of expenses

See all reported dollar amounts

Revenue$367,597

Expenses$37,542

Assets$980,265

Income$706,950

Contributions$392,150

Mission work (program services)$3,000

Grants given$887,700

Average grant$25,363

Management and general$34,542

Stocks and bonds$590,469

Accounting fees$3,000

Investing fees$2,484

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

No compensation was reported for these leaders. The complete board and leadership roster is shown below.

Board and leadership roster (38)

ROSS LEVINSOHNDIRECTOR

JOSEPH SINDELAR JRDIRECTOR

KAI SATODIRECTOR

KEVIN G BOYLANDIRECTOR

MASON MERRINSDIRECTOR

PAT POSEYDIRECTOR

PETER BESTPRESIDENT

PJ GILBERTDIRECTOR

RICK TAYLORDIRECTOR

ROBERT FRENCHDIRECTOR

JOSEPH FIELDSDIRECTOR

SAL CIMBOLOCEO

SHARON HILLSDIRECTOR

STEPHEN LOMBARDODIRECTOR

TED COYNEVICE PRESIDENT

THOMAS L ROLEYDIRECTOR

TOM DEBROWSKIDIRECTOR

WILLIAM ANDERSONDIRECTOR

WILLIAM L HARPER JRTREASURER

ED WILSONDIRECTOR

ALEX CHEHANSKYDIRECTOR

ANDREW KIPPERDIRECTOR

ANDREW MCDONALDDIRECTOR

BOB SOMERSDIRECTOR

BRENT GLEDHILLDIRECTOR

CADE MCNOWNDIRECTOR

DAVE PODASDIRECTOR

DAVID HOUCKDIRECTOR

DAVID RENEKERDIRECTOR

AL KEAHIDIRECTOR

FRANK VERDUCCIDIRECTOR

GARRET BLANDDIRECTOR

GREGORY W PENSKEDIRECTOR

IAN HE CROCKETTDIRECTOR

JAMES WIDDOESDIRECTOR

JOHN FECHUSHAKDIRECTOR

JOHN HOFFMANDIRECTOR

JOHN G MORRISDIRECTOR

About this charity

Recognized since: January 1981
Location: 1880 CENTURY PARK E STE 1600, LOS ANGELES, CA 90067-1661
County: Los Angeles
In care of: % GRFLLC
Primary officer: WILLIAM HARPER, TREASURER

How to reach them

WebsiteVisit the charity’s website Phone(310) 553-1707

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: GELFAND RENNERT & FELDMAN LLC
NTEE classification: Education (B)
IRS tax category: Education
Grant-giving organization: Yes