FORT MASON GOLF ASSOCIATION INC

EIN: 752450941 Public & Societal Benefit

MASON, TX

Total Revenue
$139,126
Total Expenses
$130,084
Total Assets
$585,965
Net Assets
$546,570
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1987
Legal Domicile
TX
Principal Officer
SHERIE L CLARKSON
Phone
3253475798
Tax Period
2023-08-01 to 2024-07-31

FORT MASON GOLF ASSOCIATION INC, founded in 1987, is a small nonprofit in the Public & Societal Benefit sector that reported $139K in total revenue in fiscal year 2023. Revenue decreased 7% compared to the prior year. Expenses of $130K left a modest 6% surplus.

Mission

THE PURPOSE OF THIS ORGANIZATION SHALL BE TO CONSTRUCT, OPERATE AND MAINTAIN A 9-HOLE GOLF COURSE ON 60 BEAUTIFUL ACRES OF CITY-OPERATED LAND LOCATED IN FT MASON PARK, MASON, TEXAS. THE GOLF COURSE IS INTENDED FOR THE RECREATIONAL USE AND ENJOYMENT OF ALL INTERESTED CITIZENS IN THE COUNTY OF MASON, AND THEIR FRIENDS AND RELATIVES FROM OUTSIDE THE COUNTY. IT IS SINCERELY HOPED THE GOLF FACILITY WILL BE A SOURCE OF PRIDE FOR ALL.

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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 (2023)

Revenue Breakdown

Contributions & Grants $58,345
Program Service Revenue $19,254
Investment Income $21
Other Revenue $61,506
TOTAL REVENUE $139,126

Expense Breakdown

Grants Paid $0
Salaries & Benefits $60,662
Fundraising Expenses $0
Program Expenses $130,084
Other Expenses $69,422
TOTAL EXPENSES $130,084

Year-over-Year Comparison

2023 2022 Change
Revenue $139,126 $150,204 -0.1%
Expenses $130,084 $108,709 +0.2%
Net Income $9,042 $41,495 -0.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Governance

Voting Members
77
Independent Members
77
Employees
3
Volunteers
10

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
3
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ERIC BUELL PRESIDENT 7.00
Officer
$0 $0 $0
JENNIE ARMES SECRETARY 6.00
Officer
$0 $0 $0
SHERIE CLARKSON TREASURER 6.00
Officer
$0 $0 $0
KADE BURNS BOARD MEMBER 2.00
Director
$0 $0 $0
FRED ESTES BOARD MEMBER 6.00
Director
$0 $0 $0
DERRICK SCHULZE BOARD MEMBER 2.00
Director
$0 $0 $0
DARYL FRIEDRICH BOARD MEMBER 2.00
Director
$0 $0 $0
CADE SMITH BOARD MEMBER 2.00
Director
$0 $0 $0
BRANDON JORDAN BOARD MEMBER 2.00
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
2025 No data No data No data No data
2024 $139,126 $130,084 $585,965 $9,042
2023 $150,204 $108,709 $603,809 $41,495
2022 $108,999 $92,343 $590,696 $16,656
2021 $118,414 $108,770 $583,035 $9,644
2020 $93,310 $78,524 $551,059 $14,786
2019 $95,982 $117,809 $556,528 $-21,827
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