VETERAN GOLFERS ASSOCIATION

EIN: 471396908 501(c)(3)

PINEHURST, NC

Total Revenue
$5,490,965
Total Expenses
$4,929,165
Total Assets
$2,717,667
Net Assets
$1,487,488
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
NC
Principal Officer
CINDY MACAULAY
Phone
8448428387
Tax Period
2024-01-01 to 2024-12-31

VETERAN GOLFERS ASSOCIATION, founded in 2014, is a community nonprofit that reported $5.5M in total revenue in fiscal year 2024. Revenue surged 61% from the prior year, signaling strong growth momentum. Expenses of $4.9M left a modest 10% surplus.

Mission

ENRICHING THE LIVES OF VETERANS AND THEIR FAMILY MEMBERS THROUGH THE SPORTSMANSHIP AND CAMARADERIE OF GOLF.

Program Service Accomplishments

Program 1
Expenses: $949,131 Revenue: $1,860,215

THE VGA IS DEDICATED TO ENRICHING THE LIVES OF VETERANS AND THEIR FAMILY MEMBERS THROUGH THE CAMARADERIE AND SPORTSMANSHIP OF GOLF. ANNUALLY, THE VGA HOSTS MORE THAN 1,800 LOCAL TOURNAMENTS ACROSS...

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THE VGA IS DEDICATED TO ENRICHING THE LIVES OF VETERANS AND THEIR FAMILY MEMBERS THROUGH THE CAMARADERIE AND SPORTSMANSHIP OF GOLF. ANNUALLY, THE VGA HOSTS MORE THAN 1,800 LOCAL TOURNAMENTS ACROSS THE COUNTRY, CULMINATING IN A VGA NATIONAL CHAMPIONSHIP EACH FALL.

Program 2
Expenses: $945,645 Revenue: $484,544

SENIOR, REGIONAL AND NATIONAL CHAMPIONSHIPS -THE NATIONAL CHAMPIONSHIP WAS HELD IN SEPTEMBER 2024 AT THE GRANDOVER RESORT IN GREENSBORO, NC.80 VGA MEMBERS AND FOUR SENIOR VGA MEMBERS ADVANCED FROM...

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SENIOR, REGIONAL AND NATIONAL CHAMPIONSHIPS -THE NATIONAL CHAMPIONSHIP WAS HELD IN SEPTEMBER 2024 AT THE GRANDOVER RESORT IN GREENSBORO, NC.80 VGA MEMBERS AND FOUR SENIOR VGA MEMBERS ADVANCED FROM FOUR REGIONAL CHAMPIONSHIPS TO COMPETE IN A 3 DAY CHAMPIONSHIP FOCUSING ON OUR MISSION, ENRICHING THE LIVES OF VETERANS AND THEIR FAMILIES THROUGH THE SPORTSMANSHIP AND CAMARADERIE OF GOLF.IN ADDITION TO THOSE MEMBERS ADVANCING FROM FROM EACH REGIONAL CHAMPIONSHIP, THERE WERE 8 ADDITIONAL MEMBERS THAT ADVANCED FROM BEING NOMINEES FOR STATE DIRECTOR OF THE YEAR AND/OR PLAYER OF THE YEAR , AND PAST CHAMPIONS ALSO RECEIVED INVITATIONS TO COMPETE.

Program 3
Expenses: $674,297 Revenue: $415,966

STATE CHAMPIONSHIPS IN JULY & AUGUST 2024 - THOUSANDS OF VGA MEMBERS COMPETED ACOSS THE COUNTRY IN MORE THAN 40 STATE CHAMPIONSHIPS IN 5 DIVISIONS , INCLUDING A VETERAN DIVISION (MALE), A VETERAN...

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STATE CHAMPIONSHIPS IN JULY & AUGUST 2024 - THOUSANDS OF VGA MEMBERS COMPETED ACOSS THE COUNTRY IN MORE THAN 40 STATE CHAMPIONSHIPS IN 5 DIVISIONS , INCLUDING A VETERAN DIVISION (MALE), A VETERAN DIVISION (FEMALE), A COMBAT WOUNDED DIVISION (PURPLE HEART), AND A FAMILY DIVISION.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,516,785
Program Service Revenue $2,951,261
Investment Income $2,234
Other Revenue $20,685
TOTAL REVENUE $5,490,965

Expense Breakdown

Grants Paid $27,397
Salaries & Benefits $411,832
Fundraising Expenses $189,092
Program Expenses $3,696,763
Other Expenses $4,489,936
TOTAL EXPENSES $4,929,165

Year-over-Year Comparison

2024 2023 Change
Revenue $5,490,965 $3,415,834 +0.6%
Expenses $4,929,165 $3,261,778 +0.5%
Net Income $561,800 $154,056 +2.6%
Key Indicators
✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
6
Independent Members
5
Employees
13
Volunteers
258

Governance Policies

✓ Conflict of Interest Policy
✓ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$155,266
Total Directors
6
$155,266
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOSHUA PEYTON PRESIDENT & CEO 40.00
Officer Director
$155,266 $0 $155,266
BOB PEELE CHAIRMAN 10.00
Officer Director
$0 $0 $0
CINDY MACAULAY TREASURER 10.00
Officer Director
$0 $0 $0
ROBBIE COX SECRETARY 10.00
Officer Director
$0 $0 $0
MICHAEL ELLIOTT VICE PRESIDENT 10.00
Officer Director
$0 $0 $0
JOE CALEY BOARD OF DIRECTORS 10.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2024 $5,490,965 $4,929,165 $2,717,667 $561,800
2023 $3,415,834 $3,261,778 $1,698,665 $154,056
2022 $3,070,083 $2,591,086 $1,532,969 $478,997
2021 $1,293,247 $1,350,345 $986,950 $-57,098
2021 $1,746,704 $1,099,525 $1,014,029 $647,179
2020 $697,164 $728,084 $400,642 $-30,920
2020 $1,128,049 $1,053,969 $400,642 $74,080
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