PROVIDENCE, RI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)RHODE ISLAND GOLF ASSOCIATION, founded in 1902, is a community nonprofit in the Recreation & Sports sector that reported $1.5M in total revenue in fiscal year 2023. Revenue grew 11% year-over-year, indicating healthy expansion.
ORGANIZATION WAS FORMED TO PROMOTE AND ADVANCE THE GAME OF GOLF IN THE STATE OF RHODE ISLAND THROUGH CONDUCTING AMATEUR GOLF TOURNAMENTS AND RELATED ACTIVITIES, AS WELL AS TO PROVIDE EDUCATIONAL OPPORTUNITIES RELATED TO THE SPORT FOR MEN, WOMEN AND YOUTH.
GOLF TOURNAMENTS- EXPENSES TO ORGANIZE, ADMINISTER AND RUN TOURNAMENTS TO ACHIEVE THE EXPRESS OBJECTIVE WHICH IS TO PROMOTE AND ADVANCE THE GAME OF GOLF IN THE STATE OF RHODE ISLAND THROUGH...
GOLF TOURNAMENTS- EXPENSES TO ORGANIZE, ADMINISTER AND RUN TOURNAMENTS TO ACHIEVE THE EXPRESS OBJECTIVE WHICH IS TO PROMOTE AND ADVANCE THE GAME OF GOLF IN THE STATE OF RHODE ISLAND THROUGH CONDUCTING AMATEUR GOLF TOURNAMENTS AND RELATED ACTIVITIES, AS WELL AS TO PROVIDE EDUCATIONAL OPPORTUNITIES RELATED TO THE SPORT FOR MEN, WOMEN AND YOUTH.
HANDICAP CARDS ARE A COMPUTERIZED RATING SERVICE WHICH ADJUSTS EACH GOLFERS HANDICAP TAKING INTO ACCOUNT THE RELATIVE DIFFICULTY OF EACH COURSE PLAYED ON. THE ACCOMPLISHMENT IS THAT IT ALLOWS THE...
HANDICAP CARDS ARE A COMPUTERIZED RATING SERVICE WHICH ADJUSTS EACH GOLFERS HANDICAP TAKING INTO ACCOUNT THE RELATIVE DIFFICULTY OF EACH COURSE PLAYED ON. THE ACCOMPLISHMENT IS THAT IT ALLOWS THE PARTICIPANT TO FAIRLY COMPETE NO MATTER WHAT COURSE THEY ARE PLAYING AGAINST OTHER GOLFERS THUS CREATING A MORE ENJOYABLE EXPERIENCE IN LINE WITH THE MISSION OF THE ORGANIZATION TO PROMOTE THE SPORT OF GOLF. THEY ARE CHARGED A FEE FOR THIS RANKING SERVICE BECAUSE THE ORGANIZATION IS CHARGED A FEE BY THE USGA WHICH DEVELOPED THE SYSTEM.
MEMBERSHIP CARDS ARE FEES THAT PARTICIPANTS PAY TO JOIN THE ORGANIZATION IN ORDER TO GAIN THE BENEFITS SUCH AS ACCESS TO THE COURSES, COMPETITIVE EVENTS AND MEETING FELLOW MEMBERS.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $1,491,091 | $1,341,473 | +0.1% |
| Expenses | $1,519,474 | $1,348,042 | +0.1% |
| Net Income | $-28,383 | $-6,569 | +3.3% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| EJ WHOLEY | SECRETARY | 1.00 |
Officer
|
$0 | $0 | $0 |
| DR MICHAEL M GOODING | PRESIDENT | 1.00 |
Officer
|
$0 | $0 | $0 |
| DAVID RAMPONE | 2ND VICE PRESIDENT | 1.00 |
Officer
|
$0 | $0 | $0 |
| DENNIS B TRIPODI | TREASURER | 1.00 |
Officer
|
$0 | $0 | $0 |
| ROBERT WARD | EXECUTIVE DIRECTOR | 40.00 |
Officer
|
$127,944 | $12,364 | $140,308 |
| JOSEPH V NAPOLI | 1ST VICE PRESIDENT | 1.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $31,202 | $150,398 | $748,742 | $-119,196 |
| 2024 | $1,491,091 | $1,519,474 | $925,111 | $-28,383 |
| 2023 | $1,341,473 | $1,348,042 | $919,026 | $-6,569 |
| 2022 | $1,357,512 | $1,252,437 | $855,116 | $105,075 |
| 2021 | $1,236,632 | $1,160,748 | $796,639 | $75,884 |
| 2020 | $1,105,181 | $998,946 | $679,765 | $106,235 |
| 2019 | $1,113,242 | $1,082,946 | $593,196 | $30,296 |
| 2018 | $1,097,184 | $1,082,297 | $578,171 | $14,887 |
Compare RHODE ISLAND GOLF ASSOCIATION with other nonprofits in Rhode Island and across the country.