MINNESOTA GOLF CHARITY EVENTS

EIN: 237163107 501(c)(3)

MINNEAPOLIS, MN

Total Revenue
$167,019
Total Expenses
$180,346
Total Assets
$9,182
Net Assets
$-45,818
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1972
Legal Domicile
MN
Principal Officer
JON TOLLETTE
Phone
7637540820
Tax Period
2024-01-01 to 2024-12-31

MINNESOTA GOLF CHARITY EVENTS, founded in 1972, is a small nonprofit that reported $167K in total revenue in fiscal year 2024. Revenue surged 203% from the prior year, signaling strong growth momentum.

Mission

TO RAISE CRITICAL FUNDS FOR ORGANIZATIONS SUPPORTING MINNESOTANS LIVING WITH DEVELOPMENTAL AND LEARNING DISABILITIES.

Program Service Accomplishments

Program 1
Expenses: $37,500

MINNESOTA GOLF CHARITY EVENTS RAISES CHARITABLE FUNDS THROUGH TWO GOLF EVENTS AND LAWFUL CHARITABLE GAMBLING. THE MONEY DONATED TO ORGANIZATIONS IS PROVIDED FOR OPERATING EXPENSES. FOR MANY...

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MINNESOTA GOLF CHARITY EVENTS RAISES CHARITABLE FUNDS THROUGH TWO GOLF EVENTS AND LAWFUL CHARITABLE GAMBLING. THE MONEY DONATED TO ORGANIZATIONS IS PROVIDED FOR OPERATING EXPENSES. FOR MANY NON-PROFIT AGENCIES, THE BULK OF THEIR CHARITABLE SUPPORT IS TIED TO SPECIFIC GRANT-FUNDED PROGRAMS. THIS CAN MAKE IT PARTICULARLY DIFFICULT FOR NON-PROFITS TO HANDLE THE DAY-TO-DAY WORK THEY NEED TO CARRY OUT SUPPORT OF THEIR PROGRAMS AND THEIR EMPLOYEES. THE MN GOLF CHARITY FUNDING IS DESIGNED TO HELP THEM BRIDGE THIS GAP.

Program 2

MINNESOTA GOLF CHARITY EVENTS PROVIDES COMMUNITY-WIDE VISIBILITY TO THE AGENCIES WE SUPPORT AND THE PEOPLE THEY SERVE. DUE TO THE LONGSTANDING TRADITION AND HISTORY OF OUR GOLF TOURNAMENTS, WE...

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MINNESOTA GOLF CHARITY EVENTS PROVIDES COMMUNITY-WIDE VISIBILITY TO THE AGENCIES WE SUPPORT AND THE PEOPLE THEY SERVE. DUE TO THE LONGSTANDING TRADITION AND HISTORY OF OUR GOLF TOURNAMENTS, WE RECEIVE SIGNIFICANT LOCAL MEDIA COVERAGE FOR OUR EVENTS. THIS ALLOWS US TO FOCUS THE SPOTLIGHT ON THE PEOPLE AND ORGANIZATIONS THAT WE SUPPORT. THE COMMUNICTY THEN RECEIVES MORE EDUCATION ABOUT THE VARIOUS DISABILITIES THAT EXIST AND THE NEEDS OF THE PEOPLE WHO LIVE WITH THESE DISABILITIES.

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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 $127,298
Program Service Revenue $0
Investment Income $0
Other Revenue $39,721
TOTAL REVENUE $167,019

Expense Breakdown

Grants Paid $37,500
Salaries & Benefits $0
Fundraising Expenses $125,953
Program Expenses $37,500
Other Expenses $142,846
TOTAL EXPENSES $180,346

Year-over-Year Comparison

2024 2023 Change
Revenue $167,019 $55,048 +2.0%
Expenses $180,346 $135,929 +0.3%
Net Income $-13,327 $-80,881 -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

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Liquidity & Cash Position

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Governance

Voting Members
12
Independent Members
11
Employees
1
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
2
$0
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JON TOLLETTE CEO N/A
Officer
$0 $0 $0
JOEL BURGER SECRETARY N/A
Officer
$0 $0 $0
AMANDA BALLARD BOARD MEMBER N/A
Director
$0 $0 $0
TONY DEROSE BOARD MEMBER N/A
Director
$0 $0 $0
JD DRIMEL NON VOTING M N/A
Director
$0 $0 $0
STEVE FESSLER BOARD MEMBER N/A
Director
$0 $0 $0
SCOTT HOYT BOARD MEMBER N/A
Director
$0 $0 $0
BOB KLAS JR NON-VOTING M N/A
Director
$0 $0 $0
SCOTT MCDONALD BOARD MEMBER N/A
Director
$0 $0 $0
GEORGE SMITH BOARD MEMBER N/A
Director
$0 $0 $0
JEFF DAHLMAN BOARD MEMBER N/A
Director
$0 $0 $0
ANTONIO PULIDO BOARD MEMBER N/A
Director
$0 $0 $0
JOSH LUEHMANN BOARD MEMBER N/A
Director
$0 $0 $0
TOM GILLESPIE BOARD MEMBER N/A
Director
$0 $0 $0
JUDIE FOSTER-LUMPKIN BOARD MEMBER N/A
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 $167,019 $180,346 $9,182 $-13,327
2023 $55,048 $135,929 $57,759 $-80,881
2022 $199,993 $237,807 $103,213 $-37,814
2021 $156,923 $102,082 $109,546 $54,841
2020 $71,898 $86,427 $72,634 $-14,529
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