The New Jersey Golf Foundation Inc

EIN: 201213527 501(c)(3) Recreation & Sports

Bedminster, NJ

Total Revenue
$1,622,557
Total Expenses
$1,280,401
Total Assets
$2,602,887
Net Assets
$2,313,570
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2004
Legal Domicile
NJ
Principal Officer
CHRIS HUNT
Phone
7324651212
Tax Period
2023-01-01 to 2023-12-31

The New Jersey Golf Foundation Inc, founded in 2004, is a community nonprofit in the Recreation & Sports sector that reported $1.6M in total revenue in fiscal year 2023. Revenue surged 75% from the prior year, signaling strong growth momentum. The organization ran a surplus of $342K, a strong 21% operating margin.

Mission

TO POSITIVELY IMPACT LIVES AND COMMUNITIES THROUGH THE GAME OF GOLF, FOCUSING ON THREE PILLARS: YOUTH, SPECIAL NEEDS AND MILITARY.

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,308,108
Program Service Revenue $297,370
Investment Income $17,079
Other Revenue $0
TOTAL REVENUE $1,622,557

Expense Breakdown

Grants Paid $135,432
Salaries & Benefits $0
Fundraising Expenses $132,528
Program Expenses $980,495
Other Expenses $1,144,969
TOTAL EXPENSES $1,280,401

Year-over-Year Comparison

2023 2022 Change
Revenue $1,622,557 $928,526 +0.7%
Expenses $1,280,401 $713,660 +0.8%
Net Income $342,156 $214,866 +0.6%
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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Governance

Voting Members
15
Independent Members
15
Employees
N/A
Volunteers
35

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
6
$0
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MIKE ATTARA PRESIDENT - TRUSTEE 5.0
Officer Director
$0 $0 $0
DAVID REASONER VICE PRESIDENT - TRUSTEE 5.0
Officer Director
$0 $0 $0
MIKE MORANO SECY - TRUSTEE (EFF. 8/11/23) 5.0
Officer Director
$0 $0 $0
JOHN OLIVER SECY - TRUSTEE (THRU 8/10/23) 5.0
Officer Director
$0 $0 $0
MIKE SLOMIENSKI TREASURER - TRUSTEE 5.0
Officer Director
$0 $0 $0
BRENT STUDER TRUSTEE 5.0
Director
$0 $0 $0
Brian Mackey TRUSTEE 5.0
Director
$0 $0 $0
JACK SKIRKANICH TRUSTEE 5.0
Director
$0 $0 $0
JASON GORE TRUSTEE 5.0
Director
$0 $0 $0
JENNIPHER SATTERLY TRUSTEE 5.0
Director
$0 $0 $0
JOHN FIZER TRUSTEE 5.0
Director
$0 $0 $0
KEVIN MCCALLEN TRUSTEE 5.0
Director
$0 $0 $0
Meg Whan TRUSTEE 5.0
Director
$0 $0 $0
MICHAEL HOLIDAY TRUSTEE 5.0
Director
$0 $0 $0
MICKIE GALLAGHER TRUSTEE 5.0
Director
$0 $0 $0
RYAN FOUNTAINE TRUSTEE 5.0
Director
$0 $0 $0
CHRIS HUNT EXECUTIVE DIRECTOR 40.0
Officer
$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 $1,622,557 $1,280,401 $2,602,887 $342,156
2022 $928,526 $713,661 $1,974,240 $214,865
2021 $605,444 $601,924 $1,792,554 $3,520
2020 $471,686 $411,337 $1,763,216 $60,349
2019 $575,608 $524,627 $1,708,048 $50,981
2018 $653,068 $475,365 $1,659,288 $177,703
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