PINEY WOODS GOLF YOUTH AND DEVELOPMENT FOUNDATION

EIN: 861122438 501(c)(3)

LONGVIEW, TX

Total Revenue
$174,579
Total Expenses
$165,735
Total Assets
$500,110
Net Assets
$498,776
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Financial Trends

Organization Details

Formation Year
2004
Legal Domicile
TX
Principal Officer
CORBY HOWARD
Phone
9037531415
Tax Period
2023-01-01 to 2023-12-31

PINEY WOODS GOLF YOUTH AND DEVELOPMENT FOUNDATION, founded in 2004, is a small nonprofit that reported $175K in total revenue in fiscal year 2023. Revenue fell 36% from the prior year — a significant decline worth monitoring. Expenses of $166K left a modest 5% surplus.

Mission

THE FIRST TEE OF THE PINEY WOODS WAS STARTED IN 2005. THE ORGANIZATION'S PRINCIPAL ACTIVITY IS TO INSTRUCT AREA YOUTH IN THE PRINCIPLES, ETHICS, AND SKILLS OF GOLF AND TO DEVELOP LIFE SKILLS. THE GOAL IS TO GIVE YOUNG PEOPLE FROM ALL BACKGROUNDS THE OPPORTUNITY TO DEVELOP, THROUGH GOLF AND CHARACTER EDUCATION, A SET OF NINE CORE VALUES: HONESTY, INTEGRITY, SPORTSMANSHIP, RESPECT, COURTESY, JUDGEMENT, CONFIDENCE, RESPONSIBLILITY, AND PERSEVERANCE. THE COST OF THE PROGRAMS IS KEPT LOW FOR THE YOUNGSTERS AND FUNDING IS REQUIRED TO MAKE THE PROGRAMS WORK. NO YOUNGSTER IS TURNED AWAY DUE TO FINANCIAL REASONS AND THEIR FEES ARE PAID BY SCHOLARSHIP IF THEY QUALIFY. THE ORGANIZATION RECEIVES CORPORATE AND PERSONAL CONTRIBUTIONS, AND GRANTS FROM THE NATIONAL FIRST TEE (WORLD GOLF FOUNDATION, INC.), PGA OF AMERICA, AND THE LPGA FOUNDATION.THE GOLF PROFESSIONALS ATTEND A LIFE SKILL TRAINING SESSION IN ORDER TO TEACH THE PROGRAM.

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Trantor Score

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $148,080
Program Service Revenue $35,592
Investment Income $13,491
Other Revenue $-22,584
TOTAL REVENUE $174,579

Expense Breakdown

Grants Paid $3,500
Salaries & Benefits $97,122
Fundraising Expenses $0
Program Expenses $161,801
Other Expenses $65,113
TOTAL EXPENSES $165,735

Year-over-Year Comparison

2023 2022 Change
Revenue $174,579 $271,676 -0.4%
Expenses $165,735 $177,094 -0.1%
Net Income $8,844 $94,582 -0.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
13
Independent Members
10
Employees
4
Volunteers
17

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
6
$15,001
Total Directors
13
$30,720
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROY PACE Director 5.00
Director
$24,280 $0 $24,280
TERRY GEBHARDT Executive Dir. 20.00
Officer
$15,001 $0 $15,001
MIKE WILLIAMS Director 5.00
Director
$6,440 $0 $6,440
DARREN WILLIAMS Director 1.00
Director
$0 $0 $0
ROBERT HAMILTON President 1.00
Officer Director
$0 $0 $0
CHUCK HILL Director 1.00
Director
$0 $0 $0
MICHAEL NORTHCUTT JR Director 1.00
Director
$0 $0 $0
RYAN ERWIN Vice President 1.00
Officer Director
$0 $0 $0
TRAVIS LANCASTER Secretary 1.00
Officer Director
$0 $0 $0
MIA KING Director 1.00
Director
$0 $0 $0
CHANTELLE MALONE-JOHNSON Director 1.00
Director
$0 $0 $0
BARRY SHEETS Director 1.00
Director
$0 $0 $0
BRAD WEAVER Director 1.00
Director
$0 $0 $0
CORBY HOWARD Treasurer 1.00
Officer Director
$0 $0 $0
KATERI HOWARD FORMER EXEC DIR 1.00
Officer
$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
2023 $174,579 $165,735 $500,110 $8,844
2022 $271,676 $177,094 $482,583 $94,582
2021 $301,451 $117,885 $388,641 $183,566
2020 $189,252 $114,434 $214,831 $74,818
2019 $172,500 $157,275 $128,262 $15,225
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