Public Charity

THE CAROL S PETREA YOUTH GOLF FOUNDATION INC

THE CAROL S PETREA YOUTH GOLF FOUNDATION INC is a Public Charity headquartered in SHALLOTTE, NC. Financial data from the 2023 filing: $604K revenue, $641K expenses, $2.2M total assets. 21 publicly reported grants to this organization, totaling roughly $476K, appear in IRS filings.

EIN: 270106935 SHALLOTTE, NC Sports Associations & Training Facilities NTEE: N40 Latest filing: 2023
Total Revenue$604K
Total Expenses$641K
Total Assets$2.2M
Grant Records21
Funding Total$476K
Filing Years2019–2023

Mission

PROVIDE GOLF EDUCATION AND CHARACTER MENTORING PROGRAMS TO CHILDREN IN SOUTHEASTERN NORTH CAROLINA AND NORTHEASTERN SOUTH CAROLINA THROUGH IN- SCHOOL, AFTER-SCHOOL, SATURDAY SUMMER PROGRAMS, AND VARIOUS COMPETITIVE PLAYING OPPORTUNITIES.

Where $100 goes at The Carol S Petrea Youth Golf Foundation Inc

How The Carol S Petrea Youth Golf Foundation Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$45 Programs the work itself
$41 Management running the organization
$14 Fundraising raising the next dollar

Inside the $45 for programs

$30
Provide instruction and mentoring to youth at golf course locations from the grand strand of sc to the crystal coast of nc
67% of program spending
$15
The organization operates the carolinas leadership adventure offering a day-camp learning experience based on character development, core values, life skills, leadership and citizenship
33% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2023. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

DIRECTOR Bill Golden
BOARD MEMBER Charles Hoover
BOARD MEMBER Charlie Deigert
BOARD MEMBER Jim Belvin
TREASURER Keila Keadle
BOARD MEMBER Mike Kothe

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$337,500 11 grants
Youth Development
$90,500 4 grants
Fundraising & Sponsorship
$20,000 2 grants
Education
$14,000 2 grants
Human & Social Services
$6,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2023 $604K $641K $2.2M
2022 $440K $546K $2.3M
2021 $677K $592K $2.4M
2020 $387K $515K $2.3M
2019 $773K $555K $2.4M

Between 2019 and 2023, reported annual revenue declined from $773K to $604K (-22%), with total assets most recently reported at $2.2M.

Interactive year-over-year charts and full filing details available with membership.

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