CONNECTICUT STATE GOLF ASSOCIATION INC (EIN 222587856) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1984

Legal Domicile

Principal Officer

MICHAEL MORAGHAN

Phone

8602574171

Tax Period

2023-11-01 to 2024-10-31

CONNECTICUT STATE GOLF ASSOCIATION INC, founded in 1984, is a community nonprofit in the Recreation & Sports sector that reported $2.5M in total revenue in fiscal year 2023. Expenses of $2.2M left a modest 13% surplus.

Mission

TO PROMOTE GOLF

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,725,861

Program Service Revenue $653,933

Investment Income $69,528

Other Revenue $26,380

TOTAL REVENUE $2,475,702

Expense Breakdown

Grants Paid $107,000

Salaries & Benefits $961,107

Fundraising Expenses $0

Program Expenses $1,819,951

Other Expenses $1,089,215

TOTAL EXPENSES $2,157,322

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,475,702	$2,381,566	+0.0%
Expenses	$2,157,322	$1,973,553	+0.1%
Net Income	$318,380	$408,013	-0.2%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✓ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

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

$135,680

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL MORAGHAN	EXECUTIVE DIRECTOR	40.00	Officer	$135,680	$0	$135,680
EDWARD DETMER	PRESIDENT	2.00	Director	$0	$0	$0
ERIC BESMAN	VICE PRESIDENT	2.00	Director	$0	$0	$0
BRUCE KRACZKOWSKY	VICE PRESIDENT	2.00	Director	$0	$0	$0
ROBERT MORIARTY	TREASURER	2.00	Director	$0	$0	$0
SCOTT NEWMAN	SECRETARY	2.00	Director	$0	$0	$0
JOHN J BRACKEN III	SPECIAL ADVISOR	2.00	Director	$0	$0	$0
JUDY A SMITH	SPECIAL ADVISOR	2.00	Director	$0	$0	$0
RYAN HOFFMAN	DIRECTOR OF OPERATIONS, RULES & COMPETITIONS	40.00	Highest	$106,100	$0	$106,100

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	$2,475,702	$2,157,322	$3,200,782	$318,380
2023	$2,381,566	$1,973,553	$2,510,988	$408,013
2022	$1,903,873	$1,785,657	$2,088,865	$118,216
2021	$1,823,029	$1,582,330	$2,099,281	$240,699
2020	$1,623,996	$1,430,690	$1,652,470	$193,306
2019	$1,564,349	$1,463,127	$1,467,750	$101,222
2018	$1,429,902	$1,367,138	$1,304,266	$62,764

CONNECTICUT STATE GOLF ASSOCIATION INC