2020 By the Numbers
Events and Activities
14 leagues with 137 members
Our 2020 winter league at NexGen Indoor Golf drew 12 members. The outdoor golf season got off to a bumpy start, as state guidance for golf changed several times, but by late June all of our leagues were playing. Total summer-league membership of 125 compares with about 180 in a normal year. Courses included Ballston Spa, Capital Hills (two leagues), Fairways of Half Moon, Orchard Creek, Pheasant Hollow, Saratoga Lake, Schenectady Muni (three), Stadium (two), and Western Turnpike.
Once the state’s pandemic rules clarified, we were able to hold PlayARound events for a total of about 50 participants. PAR sessions took place at Airway Meadows, Ballston Spa, Cobleskill, and Van Patten.
1 Virtual Scramble Tournament
Our Chapter’s League Challenge tied in with the LPGA Amateurs Virtual Scramble benefitting girls’ golf. Six teams competed locally for reimbursement of their national entry fee as well as bragging rights. Birdies R Us from Orchard Creek won low gross with a blistering 61, and the Capital Hills Queens of Fun took low net with 59.
2020 Financial Report—Katie Vitello, Finance & Records Director
The Chapter’s financial position remains strong, with a cash balance of just over $25,000 at the end of 2020.
Summary Profit and Loss (January 1-December 31, 2020)
Education/Player Development -
Golf Events ($3,680)
PayPal Fees ($1,052)
Social Events ($500)
Net Income/(Loss) ($1,895)
January 1 $26,992
December 31 $25,097
The Chapter’s net loss of -$1,895 for the year is a bit misleading. Because we do Chapter accounting on a cash basis, $2,400 of income for the 2020 winter golf league was received in December and included in 2019 net income, while we paid the facility in 2020. The actual bottom line for 2020 activities was a net income of $505 (-$1,895 plus $2,400).
A key factor in 2020 income was the national LPGA Amateurs organization’s move to a calendar-year model for membership dues. During this one-year transition period, the Chapter received only a pro-rated portion of the usual $32 dues for each member. As a result, 2020 dues income was $1,278 lower than normal.
Since 2014, when the Chapter had a cash balance of nearly $35,000, the Board has followed a policy each fiscal year of using up to 20% of the Chapter’s reserves, above a floor of $25,000, to support Chapter events and activities that are open to all members. Now that our cash balance has reached $25,000, future Boards will need to decide whether to continue subsidizing events or to aim for budgets that are closer to break-even each year.
Notes on 2020 Budget Categories
Administration: This category includes expenses for running the Chapter, primarily for office supplies and communications, and volunteer rewards. Administrative expenses were lower than usual because of the lack of Chapter events. Volunteer rewards from early 2020 (for 2019 volunteer efforts) will carry forward for use toward 2021 event fees, including leagues.
Education/Player Development: No golf clinics were held in 2020.
Golf Events: Ordinarily this category includes both income and expenses for golf events, but in 2020 it includes only expenses: the $2,400 mentioned above for winter indoor golf and $1,280 for Virtual Scramble prizes.
Handicap—GHIN: A small net income reflects a $2 per person charge above the actual fee to offset PayPal charges and cover rule books and seminars.
Leadership: Ordinarily, this category includes income from 50/50 drawings at Chapter events, used to subsidize members attending national golf events and conferences, but neither took place in 2020.
Leagues: League fees are the Chapter’s largest income source, but because they are passed through to golf courses, we aim to achieve net zero. The net loss in 2020 relates mainly to the contract for the Orchard Creek league.
Membership: This category includes dues income and membership-related expenses, such as new member orientations, Founders and Milestone awards, name badges, etc. Membership income for 2020 was lower than usual due to both a decrease in members and the transition to calendar-year dues.
PayPal Fees: The Chapter aggregates transaction fees paid to PayPal rather than breaking them out by event. The 2020 payment compares with an average $1,685 for normal event transactions during the three preceding years.
Social Events: No social events were held in 2020. The net loss relates to an unrefunded Spring Kickoff deposit paid by the Chapter, which we will attempt to apply to a future social event.
Sponsorship: The Chapter had three sponsors in 2020, and hopes to return to a higher level when the pandemic’s impact on golf courses fades.