Toledo District Golf Association

EIN: 237430259

Toledo, OH

Total Revenue
$253,256
Total Expenses
$223,057
Total Assets
N/A
Net Assets
N/A
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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
1973
Legal Domicile
OH
Principal Officer
Marianne Reece
Tax Period
2020-04-01 to 2021-03-31

Toledo District Golf Association, founded in 1973, is a small nonprofit that reported $253K in total revenue in fiscal year 2020. Revenue grew 14% year-over-year, indicating healthy expansion. Expenses of $223K left a modest 12% surplus.

Mission

Promote fellowship among golf players.Promote and assist among member clubs in matters of rules, play and course management.

Program Service Accomplishments

Program 1
Expenses: $141,760 Revenue: $253,256

Promote concerned and harmonious action in all ways for the best interest and fellowship of the game of golf throughout the district and assist in the betterment of the normal and physical welfare of...

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Promote concerned and harmonious action in all ways for the best interest and fellowship of the game of golf throughout the district and assist in the betterment of the normal and physical welfare of those involved.

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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 (2020)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $253,256
Investment Income $0
Other Revenue $0
TOTAL REVENUE $253,256

Expense Breakdown

Grants Paid $0
Salaries & Benefits $85,110
Fundraising Expenses $0
Program Expenses $141,760
Other Expenses $137,947
TOTAL EXPENSES $223,057

Year-over-Year Comparison

2020 2019 Change
Revenue $253,256 $221,749 +0.1%
Expenses $223,057 $199,984 +0.1%
Net Income $30,199 $21,765 +0.4%
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
N/A
Independent Members
N/A
Employees
3
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
$41,750
Total Directors
7
$41,750
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Marianne Reece Executive Director 25.00
Officer Director
$41,750 $0 $41,750
David Belden Trustee 4.00
Director
$0 $0 $0
Mike McKie Trustee 4.00
Director
$0 $0 $0
Doug Rechtine Secretary 4.00
Officer Director
$0 $0 $0
Phil Covell President 4.00
Officer Director
$0 $0 $0
David Hancock Vice President 4.00
Officer Director
$0 $0 $0
Justin Kruse Treasurer 4.00
Officer 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
2021 $253,256 $223,057 No data $30,199
2020 $221,749 $199,984 $79,988 $21,765
2019 $204,274 $199,007 $57,375 $5,267
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