USSGA MEMORIAL FUND INC (EIN 061431341) - 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

1995

Legal Domicile

Principal Officer

TIMOTHY A HULTQUIST

Phone

9149094840

Tax Period

2023-01-01 to 2023-12-31

USSGA MEMORIAL FUND INC, founded in 1995, is a small nonprofit in the Employment sector that reported $484K in total revenue in fiscal year 2023. Revenue surged 42% from the prior year, signaling strong growth momentum. The organization ran a surplus of $102K, a strong 21% operating margin.

Mission

PROVIDE DONATIONS TO ORGANIZATIONS THAT ARE CHARITABLE AND/OR EDUCATIONAL: SEE SCH O. MEET THE SPECIFICATIONS OF IRC 501 (C) (3) ; AND PROMOTE THE FURTHERANCE OF GOLF THROUGH PROVIDING SCHOLARSHIPS TO CADDIES AND OTHERS WORTHY OF SUPPORT AND PROMOTING INTEREST IN GOLF ESPECIALLY BY JUNIOR GOLFERS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $484,037

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $484,037

Expense Breakdown

Grants Paid $362,500

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $375,435

Other Expenses $19,355

TOTAL EXPENSES $381,855

Year-over-Year Comparison

	2023	2022	Change
Revenue	$484,037	$341,679	+0.4%
Expenses	$381,855	$320,849	+0.2%
Net Income	$102,182	$20,830	+3.9%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TIMOTHY A HULTQUIST	PRESIDENT FROM 6/23/TRUSTEE	4.00	Officer Director	$0	$0	$0
WILLIAM G SEDGWICK	VICE PRESIDENT FROM 6/23/TRUSTEE	1.00	Officer Director	$0	$0	$0
FRED C KNEIP	SECRETARY/TRUSTEE	1.00	Officer Director	$0	$0	$0
GEORGE U WYPER	TREASURER/TRUSTEE	1.00	Officer Director	$0	$0	$0
JONATHAN M CLARK	PRESIDENT EMERITUS FROM 6/23/TRUSTEE	1.00	Director	$0	$0	$0
ANDREW R LAIDLAW	TRUSTEE	0.50	Director	$0	$0	$0
CLARK F MACKENZIE	EMERITUS	0.50	Director	$0	$0	$0
ARTHUR M ROGERS	EMERITUS	0.50	Director	$0	$0	$0
JOHN A SCULLY	EMERITUS	0.50	Director	$0	$0	$0

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	No data	No data	No data	No data
2023	$484,037	$381,855	$553,093	$102,182
2022	$341,679	$320,849	$440,117	$20,830
2021	$351,559	$321,186	$411,813	$30,373
2020	$257,515	$293,449	$381,440	$-35,934
2019	$297,855	$307,164	$414,849	$-9,309
2018	$295,883	$281,750	$424,158	$14,133

USSGA MEMORIAL FUND INC