CADDY FOR A CURE INC

EIN: 200667507 501(c)(3) Philanthropy & Grantmaking

CORAL SPRINGS, FL

Total Revenue
$139,748
Total Expenses
$195,794
Total Assets
$74,054
Net Assets
$-64,981
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2004
Legal Domicile
FL
Phone
9543414600
Tax Period
2020-01-01 to 2020-12-31

CADDY FOR A CURE INC, founded in 2004, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $140K in total revenue in fiscal year 2020. Revenue fell 28% from the prior year — a significant decline worth monitoring. Expenses of $196K exceeded revenue, resulting in a 40% operating deficit.

Mission

To raise funds awareness and support for U.S. wounded veterans and children and families affected by Fanconi anemia and its related cancers as well as to provide funds for causes initiated by PGA Tour and LPGA Tour tournaments and players. Also to engage wounded veterans in the game of golf thru exposure to the game instruction and equipment.

Program Service Accomplishments

Program 1
Expenses: $89,091 Revenue: $38,625

This program service is a multi-day event where we host and recognize wounded and active duty service members for camaraderie golf networking and socializing. The event also focuses on Fanconi anemia...

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This program service is a multi-day event where we host and recognize wounded and active duty service members for camaraderie golf networking and socializing. The event also focuses on Fanconi anemia where we address and educate attendees on the issues associated with the disorder We feature introductions and discussion with our national Fanconi anemia representatives. The event includes ceremonial patriotic recognition and celebration of our armed forces as well as opportunities to publicly thank attending wounded veterans and active duty members. Military guests are provided with travel accommodations meals entertainment various gifts and golf instruction as part of the mission of the event.

Program 2
Expenses: $53,199 Revenue: $14,500

This program service includes providing professional golf tour event experiences where wounded service members are selected to participate through accompanying a professional golfer in a sanctioned...

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This program service includes providing professional golf tour event experiences where wounded service members are selected to participate through accompanying a professional golfer in a sanctioned pro am competition round. The veterans are provided with apparel travel accommodations meals entertainment lessons and or equipment as part of their experience and follow up. In addition to supporting veterans directly with these experiences program funds are directed in support of host tournament sites and to the tour program that provides comprehensive veteran focused programs.

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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%)

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Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $36,780
Program Service Revenue $53,125
Investment Income $0
Other Revenue $49,843
TOTAL REVENUE $139,748

Expense Breakdown

Grants Paid $127,530
Salaries & Benefits $51,401
Fundraising Expenses $3,710
Program Expenses $142,290
Other Expenses $16,863
TOTAL EXPENSES $195,794

Year-over-Year Comparison

2020 2019 Change
Revenue $139,748 $194,842 -0.3%
Expenses $195,794 $234,325 -0.2%
Net Income $-56,046 $-39,483 +0.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
7
Independent Members
7
Employees
N/A
Volunteers
N/A

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
0
$0
Total Directors
9
$101,350
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RUSS HOLDEN CEO BOARD MEMBER 40.00
Director
$82,050 $0 $82,050
COLLEEN HOLDEN COO BOARD MEMBER 40.00
Director
$19,300 $0 $19,300
JOE FAEH BOARD MEMBER-PRES 0.00
Director
$0 $0 $0
BOB BURKE BOARD MEMBER-VICE PRES 0.00
Director
$0 $0 $0
MICHAEL COHEN BOARD MEMBER 0.00
Director
$0 $0 $0
BILL CONWELL BOARD MEMBER 0.00
Director
$0 $0 $0
STEVEN HAUG BOARD MEMBER 0.00
Director
$0 $0 $0
GLENN SPUNGEN BOARD MEMBER 0.00
Director
$0 $0 $0
KRIS WILSON BOARD MEMBER 0.00
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
2020 $139,748 $195,794 $74,054 $-56,046
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