Michelin Charity Golf Tournament FKA Michelin Pro-Am Charity Golf Tournament

EIN: 202968911 501(c)(3) Recreation & Sports

Greenville, SC

Total Revenue
$1,277,730
Total Expenses
$953,611
Total Assets
$1,003,476
Net Assets
$1,003,476
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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
2006
Legal Domicile
SC
Principal Officer
MARK COLBY
Phone
8644585000
Tax Period
2023-01-01 to 2023-12-31

Michelin Charity Golf Tournament FKA Michelin Pro-Am Charity Golf Tournament, founded in 2006, is a community nonprofit in the Recreation & Sports sector that reported $1.3M in total revenue in fiscal year 2023. Revenue surged 39% from the prior year, signaling strong growth momentum. The organization ran a surplus of $324K, a strong 25% operating margin.

Mission

FACILITATE DONATIONS TO CHARITABLE CAUSES THROUGH ORGANIZATION OF GOLF TOURNAMENT.

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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 $0
Program Service Revenue $1,277,730
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,277,730

Expense Breakdown

Grants Paid $673,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $673,475
Other Expenses $280,611
TOTAL EXPENSES $953,611

Year-over-Year Comparison

2023 2022 Change
Revenue $1,277,730 $919,329 +0.4%
Expenses $953,611 $713,144 +0.3%
Net Income $324,119 $206,185 +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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
3
Independent Members
3
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
5
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Stephanie Tarbet BOARD MEMBER 1.0
Director
$0 $0 $0
Steve Jahries BOARD MEMBER 1.0
Director
$0 $0 $0
Brian Gutbrod Board Member 1.0
Director
$0 $0 $0
Mark Colby Chief Executive Officer 1.0
Officer
$0 $0 $0
Alexandra Gregg Assistant Treasurer 1.0
Officer
$0 $0 $0
Jennifer Shafer Secretary 1.0
Officer
$0 $0 $0
Kimberly Wright Chief Operating Officer 1.0
Officer
$0 $0 $0
Will Whitley Chief Financial Officer 1.0
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
2025 No data No data No data No data
2024 No data No data No data No data
2023 $1,277,730 $953,611 $1,003,476 $324,119
2022 $919,329 $713,144 $679,357 $206,185
2022 $919,329 $713,144 $679,357 $206,185
2021 $524,744 $231,065 $473,172 $293,679
2020 $370,250 $307,114 $179,493 $63,136
2019 $1,062,365 $1,131,884 $116,357 $-69,519
2018 $1,060,002 $974,318 $185,875 $85,684
2018 $1,060,002 $974,318 $185,875 $85,684
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