TEE IT UP FOR THE TROOPS INC

EIN: 202974507 501(c)(3) Education

BURNSVILLE, MN

Total Revenue
$3,694,776
Total Expenses
$3,727,788
Total Assets
$1,673,992
Net Assets
$1,168,056
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2005
Legal Domicile
MN
Principal Officer
TIM WEGSCHEID
Phone
9526462490
Tax Period
2024-01-01 to 2024-12-31

TEE IT UP FOR THE TROOPS INC, founded in 2005, is a community nonprofit in the Education sector that reported $3.7M in total revenue in fiscal year 2024. Revenue grew 18% year-over-year, indicating healthy expansion.

Mission

TEE IT UP FOR THE TROOPS IS A NON PROFIT ORGANIZATION CREATED TO HELP SUPPORT THE MEN AND WOMEN OF THE US MILITARY AND THEIR FAMILIES, WITH AN EMPHASIS GIVEN TO THE FALLEN AND DISABLED MEMBERS OF OUR ARMED FORCES.

Program Service Accomplishments

Program 1
Expenses: $3,326,781 Revenue: $3,755,958

TEE IT UP FOR THE TROOPS IS COMMITTED TO HELPING VETERANS AND THEIR FAMILIES SUCCESSFULLY TRANSITION FROM THE BATTLEFRONT TO THE HOME FRONT. FOUNDED IN 2005, THE ORGANIZATION UTILIZES GOLF EVENTS TO...

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TEE IT UP FOR THE TROOPS IS COMMITTED TO HELPING VETERANS AND THEIR FAMILIES SUCCESSFULLY TRANSITION FROM THE BATTLEFRONT TO THE HOME FRONT. FOUNDED IN 2005, THE ORGANIZATION UTILIZES GOLF EVENTS TO INCREASE AWARENESS AND HAS DEPLOYED OVER $18,000,000 TO PROVIDE VITAL SUPPORT TO VETERANS FOR REHABILITATIVE PROGRAMS, FAMILY ASSISTANCE, AND COMMUNITY REINTEGRATION SERVICES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $3,669,745
Program Service Revenue $0
Investment Income $25,031
Other Revenue $0
TOTAL REVENUE $3,694,776

Expense Breakdown

Grants Paid $1,719,724
Salaries & Benefits $468,133
Fundraising Expenses $224,907
Program Expenses $3,326,781
Other Expenses $1,539,931
TOTAL EXPENSES $3,727,788

Year-over-Year Comparison

2024 2023 Change
Revenue $3,694,776 $3,132,697 +0.2%
Expenses $3,727,788 $3,330,290 +0.1%
Net Income $-33,012 $-197,593 -0.8%
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
11
Independent Members
11
Employees
7
Volunteers
900

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
$127,400
Total Directors
11
$127,400
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
THOMAS GROOM DIRECTOR 5.00
Director
$0 $0 $0
JEFF ANDERSON CHAIRMAN 1.00
Officer Director
$0 $0 $0
RONALD J SCHUTZ DIRECTOR 1.00
Director
$0 $0 $0
JEFF MORGAN VICE-CHAIRMAN 1.00
Officer Director
$0 $0 $0
TIM WEGSCHEID PRESIDENT/EXECUTIVE DIRECT 40.00
Officer Director
$127,400 $0 $127,400
JOE TESSMER TREASURER 2.00
Officer Director
$0 $0 $0
JOHN KLINE DIRECTOR 1.00
Director
$0 $0 $0
JEFFREY MONSSEN SECRETARY 1.00
Officer Director
$0 $0 $0
JEN TREGARTHEN DIRECTOR 1.00
Director
$0 $0 $0
JENNIFER RONCHETTO DIRECTOR 1.00
Director
$0 $0 $0
THOMAS WALLACE III DIRECTOR 1.00
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
2024 $3,694,776 $3,727,788 $1,673,992 $-33,012
2023 $3,132,697 $3,330,290 $1,572,087 $-197,593
2022 $2,943,648 $2,697,046 $1,791,231 $246,602
2021 $2,614,727 $2,345,875 $1,448,737 $268,852
2020 $1,394,967 $1,039,850 $1,041,665 $355,117
2019 $1,560,059 $1,441,207 $830,559 $118,852
2018 $1,610,939 $1,644,734 $631,736 $-33,795
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