South Shore Golf Ri Corp
Public records show a registered, tax-exempt organization in good standing.
What it says it does
THE PRIMARY EXEMPT PURPOSE IS TO OPERATE A GOLF COURSE TO BENEFIT TWO CHARITIES (SOUTH COUNTY HOSPITAL HEALTHCARE AND ST. JUDE CHILDREN'S RESEARCH HOSPITAL, INC), WITH ALL CHARITABLE DISTRIBUTIONS TO BE DIVIDED AND DISTRIBUTED FOR ONE OR MORE EXPEMPT PURPOSES WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, OR THE CORRESPONDING SECTION OF ANY FUTURE FEDERAL TAX CODE AS FOLLOWS: ONE-THIRD (1/3) SHARE TO SOUTH COUNTY HOSPITAL HEALTHCARE AND TWO-THIRDS (2/3)SHARE TO ST. JUDE CHILDREN'S RESEARCH HOSPITAL, INC.
- Income
- $1.1 million
- Spending
- $673,071
- Spent on programs
- 100%
- Reserves
- -0.8 months of spending
- Largest source of income
- donations and private grants, 63%
- Employees
- 21
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Weak: 47 out of 100. Higher than 19% of charities in its peer group (health care, $1m to $10m).
Reserves
0 of 35Spendable reserves are negative: it owes or has committed more than it holds.
Debt
10 of 20It owes 42% of what it owns.
Living within its means
15 of 15Income exceeded spending by 37% of income.
Spending floor
15 of 15100% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Fair: 68 out of 100. Higher than 17% of charities in its peer group (health care, $1m to $10m).
Independent board
25 of 255 of 5 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Independent check of accounts
0 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (3)
- THIS IS THE THIRD YEAR OF THE ENTITY'S EXISTENCE BUT ONLY THE FIRST FULL YEAR OF OPERATIONS RELATED TO THE PROGRAM SERVICES. LIABILITIES STILL EXCEED LIQUID ASSETS. THEREFORE, THE ENTITY HAS NOT YET GENERATED ENOUGH CASH FLOW TO SHARE WITH THE HOSPITAL CHARITIES. IN ADDITION THE COMPANY DOES NOT OWN ANY ASSETS THAT ARE NOT USED DIRECTLY IN CARRYING OUT ITS EXEMPT PURPOSE AND IS NOT SUBJECT TO SECTION 4942 OF THE INTERNAL REVENUE CODE AS IT IS CLASSIFIED AS A SECTION 509(A)(2) CHARITABLE ENTITY.
- $670,350 spent. THIS IS THE THIRD YEAR OF THE ENTITY'S EXISTENCE BUT ONLY THE FIRST FULL YEAR OF OPERATIONS RELATED TO THE PROGRAM SERVICES. LIABILITIES STILL EXCEED LIQUID ASSETS. THEREFORE, THE ENTITY HAS NOT YET GENERATED ENOUGH CASH FLOW TO SHARE WITH THE HOSPITAL CHARITIES. IN ADDITION THE COMPANY DOES NOT OWN ANY ASSETS THAT ARE NOT USED DIRECTLY IN CARRYING OUT ITS EXEMPT PURPOSE AND IS NOT SUBJECT TO SECTION 4942 OF THE INTERNAL REVENUE CODE AS IT IS CLASSIFIED AS A SECTION 509(A)(2) CHARITABLE ENTITY.
- THIS IS THE THIRD YEAR OF THE ENTITY'S EXISTENCE BUT ONLY THE FIRST FULL YEAR OF OPERATIONS RELATED TO THE PROGRAM SERVICES. LIABILITIES STILL EXCEED LIQUID ASSETS. THEREFORE, THE ENTITY HAS NOT YET GENERATED ENOUGH CASH FLOW TO SHARE WITH THE HOSPITAL CHARITIES. IN ADDITION THE COMPANY DOES NOT OWN ANY ASSETS THAT ARE NOT USED DIRECTLY IN CARRYING OUT ITS EXEMPT PURPOSE AND IS NOT SUBJECT TO SECTION 4942 OF THE INTERNAL REVENUE CODE AS IT IS CLASSIFIED AS A SECTION 509(A)(2) CHARITABLE ENTITY.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since December 2023.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.