GOLF FOUNDATION OF KANSAS CITY

🔒

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

2007

Legal Domicile

Principal Officer

DOUGLAS HABEL

Phone

9136495242

Tax Period

2022-01-01 to 2022-12-31

GOLF FOUNDATION OF KANSAS CITY, founded in 2007, is a small nonprofit in the Education sector that reported $311K in total revenue in fiscal year 2022. Revenue surged 59% from the prior year, signaling strong growth momentum. Expenses of $301K left a modest 3% surplus.

Mission

TO PRESERVE THE PAST, SUPPORT THE PRESENT AND DEVELOP THE FUTURE OF THE GOLF COMMUNITY OF KANSAS CITY AND THE SURROUNDING REGION. THIS IS ACCOMPLISHED BY OPERATING THE ANNUAL WATSON CHALLENGE GOLF TOURNAMENT THAT FUNDS YOUTH SCHOLARSHIPS, CONTINUING EDUCATION GRANTS, TURF GRASS INITIATIVES AND HISTORY PRESERVATION.

Program Service Accomplishments

Program 1

Expenses: $300,282 Revenue: $197,448

THE FOUNDATION'S SOLE PROGRAM SERVICE IS TO SUPPORT AND DEVELOP GOLF IN THE KANSAS CITY REGION. EACH YEAR, THE FOUNDATION ORGANIZES THE WATSON CHALLENGE GOLF TOURNAMENT. IN 2022, DONATIONS FROM THE TOURNAMENT TOTALED $197,448 IN SPONSORSHIPS, TICKET SALES AND ENTRY FEES. AFTER PAYING ASSOCIATED TOURNAMENT/FUNDRAISING EXPENSE, THE FOUNDATION ROUTINELY MAKES GRANTS TO FURTHER IT'S MISSION, TO THE JUNIOR GOLF FOUNDATION OF GREATER KANSAS CITY, INC. D.B.A "THE FIRST TEE OF GREATER KANSAS CITY," A LOCAL 501(C)3 NON-PROFIT ORGANIZATION DEDICATED TO MAKING GOLF MORE ACCESSIBLE AND AFFORDABLE TO BOYS AND GIRLS IN THE GREATER KANSAS CITY AREA. THEIR MISSION IS TO IMPACT THE LIVES OF YOUNG PEOPLE BY PROVIDING LEARNING FACILITIES AND EDUCATIONAL PROGRAMS THAT PROMOTE CHARACTER DEVELOPMENT AND LIFE-ENHANCING VALUES THROUGHOUT THE GAME OF GOLF. 2021 GRANTS TO THE FIRST TEE OF GREATER KANSAS CITY TOTALED $25,325.

🔒

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 (2022)

Revenue Breakdown

Contributions & Grants $113,493

Program Service Revenue $197,448

Investment Income $0

Other Revenue $0

TOTAL REVENUE $310,941

Expense Breakdown

Grants Paid $29,325

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $300,282

Other Expenses $271,332

TOTAL EXPENSES $300,657

Year-over-Year Comparison

	2022	2021	Change
Revenue	$310,941	$195,937	+0.6%
Expenses	$300,657	$158,572	+0.9%
Net Income	$10,284	$37,365	-0.7%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
DOUGLAS HABEL	EXECUTIVE DIR/SECRETARY	Officer Director	$0	$0	$0
DAVE JACKSON	TRUSTEE	Officer Director	$0	$0	$0
RON BREWER	TRUSTEE	Officer Director	$0	$0	$0
DOUG ALBERS	TRUSTEE	Officer Director	$0	$0	$0
JIM GATES	TRUSTEE	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
2022	$310,941	$300,657	$83,231	$10,284
2021	$195,937	$158,572	$72,946	$37,365
2020	$181,367	$194,249	$35,579	$-12,882
2019	$181,726	$202,697	$48,461	$-20,971
2018	$160,743	$139,755	$69,433	$20,988