2018-08-01T15:22:19-05:00 2017-12-31 SMITH & HOWARD PC 271 17TH STREET SUITE 1600 ATLANTA GA 30363 990 2017-01-01 810778972 Bobby Jones Golf Course Foundation Inc % MARTIN J ELGISON BOBB 4049154574 2560 Brookdale Drive NW Atlanta GA 30305 MARTIN J ELGISON President 4049154574 2018-11-15 true MARC AZAR P91739349 4048746244 2018-11-15 2017 2022-09-23 18:48:47Z MARTIN J ELGISON 2560 Brookdale Drive NW Atlanta GA 30305 13233584 false X www.bjgcfoundation.org X 2015 GA To grow the game of golf through access to improved public golf and professional golf instruction programming. 11 10 0 11 0 0 1307092 12278527 61958 759692 0 270 9037 102417 1378087 13140906 0 0 0 0 0 352895 61235 133907 133907 126652 517396 187887 1004198 1190200 12136708 2655445 20329932 465245 6003710 2190200 14326222 X THE BOBBY JONES GOLF COURSE FOUNDATION IS A NON-PROFIT ORGANIZATION COMMITTED TO GROWING THE GAME OF GOLF THROUGH ACCESS TO IMPROVED PUBLIC GOLF AND PROFESSIONAL GOLF INSTRUCTION AND PROGRAMMING. OUR NEW FACILITY WILL INCLUDE: -THE RENOVATION OF THE CURRENT 18 HOLES OF 5,800 YARDS INTO A 9 HOLE REVERSIBLE COURSE, DESIGNED BY BOB CUPP TO PROVIDE 18 UNIQUE HOLES OF UP TO 7,500 YARDS WITH A WIDE RANGE OF TEES FOR JUNIORS THROUGH ELITE PLAYERS. -A NEW TWO-ENDED, DRIVING RANGE AND A STATE-OF-THE-ART INSTRUCTIONAL CENTER. -PROGRAMMING AND INSTRUCTION BY EXPERIENCED GOLF PROFESSIONALS DESIGNED TO MAKE THE GAME MORE ENJOYABLE. -9-HOLE "WEE LINKS" OF 50-70 YARD HOLES DESIGNED BY BOB CUPP FOR JUNIORS. -A NEW PRACTICE FACILITY FOR GEORGIA STATE UNIVERSITY WOMEN'S AND MEN'S GOLF TEAMS. BENEFITS OF THE PROJECT: -CREATE A COURSE AND FACILITY THAT HONORS THE MEMORY AND LEGACY OF BOBBY JONES. -TURN AN OBSOLETE, DANGEROUS, 18-HOLE, 5,800 YARD PUBLIC COURSE INTO A REVERSIBLE, 9 HOLE GEM THAT CAN BE ENJO false false 803814 759692 The foundation is currently operating the existing golf course under a management contract with a professional golf course management company. We offer programs that are generally found at public golf courses such as memberships, special rates for seniors and juniors and periodic promotions. The course is also available for tournaments to benefit other charitable organizations. The Foundation will develop new programs after the course is renovated that cannot be offered at the existing facility. 803814 true true false false false false false false false true true false false false false true true false false false false false false true false false false false false false false false false true false false false false true false false false false false false false false true 27 0 0 false false false false false false false false X 11 10 false true false false false false false true false false true true true true false false false GA X MARTIN J ELGISON 4049154574 2560 BROOKDALE DRIVE NW Atlanta GA 30305 X Chuck Palmer Chairman 15.0 0.0 X 0 0 0 MARTIN J ELGISON President 15.0 0.0 X 0 0 0 Brian Albertson Board Member 1.0 0.0 X 0 0 0 Susan Bell Board Member 1.0 0.0 X 0 0 0 Bill Blalock President 5.0 0.0 X 0 0 0 Carey Brown Board Member 1.0 0.0 X 0 0 0 Beth Chandler Board Member 1.0 0.0 X 0 0 0 Sam Hatcher Board Member 1.0 0.0 X 0 0 0 Dr Robert T Jones IV Board Member 1.0 0.0 X 0 0 0 Mark Mongell Board Member 1.0 0.0 X 0 0 0 Ryan Teague Board Member 1.0 0.0 X 0 0 0 0 0 0 0 false false false Coxe Curry Associates 191 Peachtree St NW Ste 450 ATLANTA GA 30303 Consulting 160189 Chapman Design group Inc 2700 cumberland pkwy ste 130 ATLANTA GA 30339 Design Services 290081 Long Engineering LLC 2550 Heritage Ct SE 250 ATLANTA GA 30339 Engineering 389289 Wakefield Beasley Associates 52 Avalon Blvd Building 5000 ALPHARETTA GA 30009 Architectural 177019 4 X 12278527 35223 12278527 GOLF OPERATIONS 759692 759692 759692 270 270 0 0 0 0 0 0 0 0 0 0 0 0 195095 92678 102417 102417 0 13140906 759692 102687 0 0 0 0 0 0 326173 326173 0 0 26722 26722 105780 74912 30868 30650 15325 15325 0 0 133907 133907 0 0 23493 23493 0 0 0 62125 52806 9319 0 0 0 0 0 0 51546 42893 8653 EQUIPMENT RENTALS 148415 148415 OTHER EXPENSES 57976 55664 2312 BANK CHARGES 27866 27866 SUPPLIES 9545 9545 1004198 803814 66477 133907 758536 3120524 0 0 538245 14296033 3911 2398 0 0 0 0 0 0 7270 0 2585 1465 2900032 1339588 2900032 0 0 0 0 0 0 0 0 5310 9480 2655445 20329932 365245 903710 0 0 0 5000000 0 0 0 0 100000 100000 0 0 0 0 0 0 465245 6003710 X 2185500 3568284 4700 10757938 0 0 2190200 14326222 2655445 20329932 X 12136708 -686 X false true X true false X 0 0 0 1307092 12278527 13585619 0 0 0 0 0 1307092 12278527 13585619 7198020 6387599 270 270 0 0 13585889 1030280 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4700 12278527 1525289 10757938 4700 4700 1.00000 false false 2900032 2900032 2900032 0 0 X 13300324 67010 92678 159688 13140636 270 270 13140906 1164302 67010 686 92678 160374 1003928 270 270 1004198 Schedule D, Line 2d $40,101 cost of goods sold is netted with Food & Beverage Revenue $52,577 cost of good sold is netted with Merchandise Revenue ------- $92,678 Schedule D, Line 2d $40,101 cost of goods sold is netted with Food & Beverage Revenue $52,577 cost of good sold is netted with Merchandise Revenue ------- $92,678 Schedule D, Part V The Foundation received $12,278,527 in restricted contributions for the construction capital campaign. $1,525,289 of that was released from restriction during 2017. Schedule D, Part VI Building reported on Schedule D, Part VI represents Contruction in Progress. Schedule D, Part X, Question 2 The Foundation is exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Code and, therefore, no provision or liability for income taxes is included in the accompanying financial statements. The Foundation will annually evaluate all federal and state income tax positions. This process includes an analysis of whether these income tax positions the Foundation takes meet the definition of an uncertain tax position under the Income Taxes Topic of the Financial Accounting Standards Codification. In the normal course of business, the Foundation is subject to examination by federal and state taxing authorities. The Foundation is potentially subject to tax examinations for all tax years since inception. During December 2017, the President of the United States of America signed into law the Tax Cuts and Jobs Act. The law is generally effective for the tax years beginning in 2018,and therefore the Foundations current tax liability for any potential unrelated business income tax will not be affected until the year ending December 31, 2018. There are other changes to the tax law that may affect the Foundation but the magnitude of such changes has not been determined. Schedule D, Part XI & XII The foundation received $67,010 of other contributed professional services which are recorded as contributed professional services revenue and period expense in the accompanying statements of activities during 2017. true Coxe Curry Associates consulting false 160189 Winstead Group Consulting false 6800 166989 GA William P Blalock President, Bobby Jones Golf Course Foundation, Inc. Initial operations X 100000 100000 false true true 100000 X 2 35223 FMV false true true Schedule M, Line 9, Column B Column B reports number of contributions. Schedule M, Line 32A The foundation uses a third party broker to sell all stock contributions. Part VI, Line 3 Mosaic Clubs and Resorts provides turnkey management services to the Foundation. Mosaic manages the golf course operations; this includes maintaining equipment, supplies and insurance coverage; managing employees and payroll and marketing for the course. Total management fees paid to Mosaic in 2017 were $70,000. Part VI, Line 11a The Form 990 is prepared by an outside accountant and is provided to the Board of Directors for review before it is filed. Part VI, Line 12 All directors are required to disclose conflicts of interest. The president of the Foundation monitors compliance with the policy. Part VI, Line 15 The Foundation does not compensate directors. Part VI, Line 19 The conflict of Interest Policy is made available upon request. Part VI, Schedule B The Board of Directors is developing other governance policies for adoption in 2017, including whistleblower policy and document retention and destruction policy. The gift acceptance policy was adopted in February 2017. PART XI, LINE 8 Prior period adjustments related to bad debt expense of $686 in 2017.