PROFESSIONAL GOLFERS ASSOCIATION OF CAROLINAS PGA SECTION
Pub 78

PROFESSIONAL GOLFERS ASSOCIATION OF CAROLINAS PGA SECTION
Pub 78

Browns Summit, NC, US
501(c)
EIN
56-0903216

PROFESSIONAL GOLFERS ASSOCIATION OF CAROLINAS PGA SECTION
Pub 78

Browns Summit, NC, US
501(c)
EIN
56-0903216

Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)

$4,861,893

Investments
70%
Property, Plant, & Equipment (net)
14%
Other Assets
10%
Cash & Equivalents
5%
Receivables (Non-Related)
1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)

$846,083

Deferred Revenue
70%
Payables & Accruals
26%
Notes Payable / Debt (Non-Related)
3%
Other Liabilities
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$289,971
$245,704
-15%
Receivables (Non-Related)
$21,468
$65,224
+204%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$12,653
$12,735
+1%
Investments
$3,149,338
$3,399,707
+8%
Property, Plant, & Equipment (net)
$689,316
$659,000
-4%
Other Assets
$14,039
$479,523
+3316%
Total Assets
$4,176,785
$4,861,893
+16%
Liabilities
2023
2024
Change
Payables & Accruals
$164,783
$220,086
+34%
Grants Payable
-
-
-
Deferred Revenue
$451,419
$594,868
+32%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
$23,000
-
Related-Party Payables
-
-
-
Other Liabilities
$40,069
$8,129
-80%
Total Liabilities
$656,271
$846,083
+29%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$3,520,514
$4,015,810
+14%
Net assets
2023
2024
Change
Net assets
+$3,520,514
+$4,015,810
+14%
Balance Sheet
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