CONNECTICUT SECTION PGA OF AMERICAINC (EIN 061151825) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1988

Legal Domicile

Principal Officer

TIM PARAGONE

Phone

8604302302

Tax Period

2024-01-01 to 2024-12-31

CONNECTICUT SECTION PGA OF AMERICAINC, founded in 1988, is a community nonprofit that reported $1.1M in total revenue in fiscal year 2024. Expenses of $926K left a modest 12% surplus.

Mission

TO PROMOTE THE ENJOYMENT AND INVOLVEMENT IN THE GAME OF GOLF AND TO CONTRIBUTE TO THE GROWTH OF THE GOLF PROFESSIONAL AND THE GOLF INDUSTRY. THE CONNECTICUT SECTION WILL ACCOMPLISH THIS MISSION BY ENHANCING THE SKILLS OF GOLF PROFESSIONALS AND THE OPPORTUNITIES FOR AMATEURS, MANUFACTURERS, AND GENERAL PUBLIC. AS A RESULT, THE CONNECTICUT SECTION WILL ELEVATE THE STANDARDS OF THE PROFESSIONAL GOLFERS' VOCATION, STIMULATE INTEREST IN THE GAME OF GOLF, AND PROMOTE THE OVERALL VITALITY OF THE GAME.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,027,180

Investment Income $24,048

Other Revenue $3,860

TOTAL REVENUE $1,055,088

Expense Breakdown

Grants Paid $1,450

Salaries & Benefits $358,843

Fundraising Expenses $0

Other Expenses $565,373

TOTAL EXPENSES $925,666

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,055,088	$1,077,373	0.0%
Expenses	$925,666	$1,090,153	-0.2%
Net Income	$129,422	$-12,780	-11.1%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$181,455

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOE MENTZ	DIRECTOR	1.00	Director	$0	$0	$0
MARK MORIARTY	DIRECTOR	1.00	Director	$0	$0	$0
IAN MARSHALL	DIRECTOR	1.00	Director	$0	$0	$0
BRIAN KEISER	DIRECTOR	1.00	Director	$0	$0	$0
BRYAN MOONEY	DIRECTOR	1.00	Director	$0	$0	$0
ALEX CAVALIERE	DIRECTOR	1.00	Director	$0	$0	$0
BOB BIGONETTE	VP AT LARGE	1.00	Director	$0	$0	$0
RON BECK	VP AT LARGE	1.00	Director	$0	$0	$0
JASON LOOMIS	VP AT LARGE	1.00	Director	$0	$0	$0
BOB SPARKS	HONORARY PRESIDENT	1.00	Director	$0	$0	$0
HOWIE FRIDAY	PRESIDENT	2.00	Officer Director	$0	$0	$0
JOHN DIPOLLINA	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
PETER SEAMAN	SECRETARY	2.00	Officer Director	$0	$0	$0
DENNIS DUNGEE	EXECUTIVE DIRECTOR	50.00	Officer	$95,696	$3,466	$99,162
TIMOTHY PARAGONE	DIRECTOR OF OPERATIONS	40.00	Officer	$79,431	$2,862	$82,293

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	$1,055,088	$925,666	$1,164,205	$129,422
2023	$1,077,373	$1,090,153	$1,028,165	$-12,780
2022	$998,457	$1,003,286	$640,349	$-4,829
2021	$919,295	$920,743	$679,486	$-1,448
2020	$1,223,550	$1,168,426	$665,657	$55,124
2019	$1,133,378	$1,082,964	$580,964	$50,414

CONNECTICUT SECTION PGA OF AMERICAINC