2025-11-17T13:33:20-06:00 2024-12-31 651083521 Holyfield & Thomas LLC 125 Butler Street West Palm Beach FL 33407 990 2024-01-01 362250699 National Golf Foundation Inc NATI 5617446006 501 N Highway A1A Jupiter FL 33477 Gregory Nathan President & CEO 5617446006 2025-11-14 1 0 Scott Y Haynes CPA P01366363 5616896000 2024 2025-03-06 01:10:19Z Gregory Nathan 501 N Highway A1A Jupiter FL 33477 2369051 0 X WWW.NGF.ORG X 1936 IL See Schedule O NGF's mission is to foster the growth and vitality of the game and business of golf. During 2024, NGF hosted its sixteenth annual golf business symposium with a draw of nearly 150 of the top executives in golf in attendance. The Symposiums covered topics related to the Future Growth of Golf, Connecting to Today's Golf Consumer, Influencer Marketing, Tourism, as well as the state of the golf industry. NGF did produce its annual reports: Graffis Report, Golf Participation in the US, Golf Facilities in the US, and Rounds Played. These reports were delivered to approximately 4,000 members nationwide. In addition, NGF produced a biweekly electronic newsletter to more than 57,000 individuals in the golf industry reporting industry insights on the health of golf. 9 8 31 0 0 0 0 0 1053445 1812591 82951 107755 318988 442116 1455384 2362462 0 0 0 0 1417941 1701022 0 0 0 43780 409096 1461721 2110118 -6337 252344 5514425 6213386 696045 594082 4818380 5619304 NGF's mission is to foster the growth and vitality of the game and business of golf. 0 0 NGF's mission is to foster the growth and vitality of the game and business of golf. During 2024, NGF hosted its sixteenth annual golf business symposium with a draw of nearly 150 of the top executives in golf in attendance. The Symposiums covered topics related to Creating Fierce, Lasting Customer Relationships, Practical AI Applications for the Golf Business, Influencer Marketing and the Customer Journey, Sports Modernization, as well as the state of the golf industry. NGF did produce its annual reports: Graffis Report, Golf Participation in the US, and Golf Facilities in the US. These reports were delivered to approximately 4,000 members nationwide. In addition, NGF produced a biweekly electronic newsletter to more than 57,000 individuals in the golf industry reporting industry insights on the health of golf. The NGF introduced two higher levels of support (President's Council & Patrons Council Member Services) to fund the work NGF does for the industry. 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 1 0 0 1 17 0 1 31 1 0 0 0 0 0 0 0 0 X 9 8 0 0 0 0 0 0 0 1 1 0 0 0 0 0 1 1 0 0 FL X X Heather Fitzgerald 5617446006 501 N Highway A1A Jupiter FL 33477 John K Solheim Director 3.00 1.00 X 0 0 0 Tim Schantz Vice Chairman 3.00 1.00 X X 0 0 0 Joe Assell Secretary/Treasurer 3.00 1.00 X X 0 0 0 Anne Broholm Director 3.00 1.00 X 0 0 0 Mike McCarley Director 3.00 1.00 X 0 0 0 Joseph Beditz Executive Chairman 20.00 4.00 X X 189129 86400 0 Geoff Cottrill Director 3.00 1.00 X 0 0 0 Edric Funk Director 3.00 1.00 X 0 0 0 Craig Kessler Director 3.00 1.00 X 0 0 0 Kim Isom CFO/Assistant Secretary 27.00 13.00 X 112113 0 6088 Gregory Nathan President & CEO 21.00 19.00 X 272976 0 32266 David Lorentz Chief Research Officer 34.00 6.00 X 162150 0 15255 Heather Fitzgerald Assistant Secretary 38.00 2.00 X 30228 0 0 766596 86400 53609 4 0 1 0 Sympatico Real Estate Inc 1926 10th Ave N Suite 304 Lake Worth FL 33461 Rent 144870 1 Member Services 900099 1812591 1812591 1812591 107755 107755 4 4 344121 6589 337532 337532 NGF-Newsletter 900099 95833 95833 Misc Income 900099 4981 4981 Marketing - Leadership 900099 3766 3766 104580 2362462 2362462 0 0 X 631075 860065 19622 88683 101577 20712 41600 2912 222115 59473 238626 6877 199709 65640 113148 190 64235 41268 Meals & Entertainment 58806 Product Development 24840 Overhead Allocation -751055 2110118 200 60418 155135 103367 54790 157317 2291 113694 101304 998822 888260 149534 110562 4334416 4831813 704365 848605 5514425 6213386 318952 387377 32240 25742 344853 180963 696045 594082 X 4818380 5619304 4818380 5619304 5514425 6213386 252344 548580 0 X X 0 1 X 1 0 232372 167710 64662 716796 679311 37485 49654 41239 8415 110562 Deposits 12000 Due From Related Entities 696133 Right of Use Leases, Net 118156 Deferred Expenses 22316 848605 Deferred Compensation 60161 Lease Obligations 120802 180963 X 7882943 548580 4971901 5520481 2362462 0 2362462 7237055 5126937 5126937 2110118 0 2110118 Part X, Line 2: NGF is a not-for-profit corporations under Internal Revenue Code Section 501(c)(6), and as such, is exempt from federal and state income taxes, except for unrelated business taxable income, which is subject to taxation at regular corporate income tax rates. The Foundation follows FASB ASC 740-10, Accounting for Uncertainty in Income Taxes. This standard seeks to reduce the diversity in practice associated with certain aspects of measurement and recognition in accounting for income taxes. It prescribes a recognition threshold and measurement attribute for financial statement recognition and measurement of a tax position that an entity takes or expects to take in a tax return. An entity may only recognize or continue to recognize tax positions that meet a "more likely than not" threshold. The Foundation assesses the income tax positions based on management's evaluation of the facts, circumstances, and information available at the reporting date. The Foundation uses the prescribed "more likely than not" threshold when making their assessment. There are currently no open Federal or State tax years under audit. Part XI, Line 2d - Other Adjustments: Cost of Goods Sold 6,589. Consolidated Audit Report Revenue Adjustment 4,965,312. Part XII, Line 2d - Other Adjustments: Cost of Goods Sold 6,590. Consolidated Audit Report Expense Adjustment 5,120,347. X 1 1 X X X X 0 0 0 Gregory Nathan President & CEO 257413 0 15563 0 0 0 14457 0 17809 0 305242 0 0 0 Joseph Beditz Executive Chairman 189129 86400 0 0 0 0 0 0 0 0 189129 86400 0 0 David Lorentz Chief Research Officer 152115 0 10035 0 0 0 8189 0 7066 0 177405 0 0 0 Joseph Beditz Board member 275529 Executive services 0 Form 990, Part VI, Section B, line 11b The Foundation does not provide a complete copy for the Form 990 to all board members before filing, but it is available to any member upon request. Form 990, Part VI, Section B, line 15a Compensation Committee reviews salary information from the Golf Executive Salary List published by Golf Digest, as well as data from National Compensation Study: Association Chief Staff Executive, 2018-2019 edition published by the American Research Company to determine annual compensation agreements. Form 990, Part VI, Section C, line 19 The Foundation makes its governing documents, financial statements available to the public upon request. Form 990, Part IX, line 11g Contract Labor 222,115. 990 Part XII Line 2C The audit oversight committee has not changed from prior years. The audit report is presented to the audit report review committee at the annual audit report review meeting. NGF Education Inc fka National Golf Foundation 1 501 N Highway A1A Jupiter FL 33477 362921655 Support for National Golf Foundation IL 501(C)(3) Sch A Part I Line 9 National Golf Foundation Inc 1 National Golf Foundation Consulting Inc 501 N Highway A1A Jupiter FL 33477 650074324 Golf Business Research, Information and Consulting DE C 1.00000 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 NGF Education Inc fka National Golf Foundation 1 Inc D 535505 Actual amounts National Golf Foundation Consulting Inc D 160628