GOLF ASSOCIATION OF THE LEHIGH VALLEY FOUNDATION (EIN 261370696) - 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

2007

Legal Domicile

Principal Officer

KARL D GILBERT

Phone

6104374982

Tax Period

2023-10-01 to 2024-09-30

GOLF ASSOCIATION OF THE LEHIGH VALLEY FOUNDATION, founded in 2007, is a small nonprofit in the Recreation & Sports sector that reported $120K in total revenue in fiscal year 2023. Revenue grew 16% year-over-year, indicating healthy expansion. Expenses of $161K exceeded revenue, resulting in a 33% operating deficit.

Mission

TO DEVELOP AMATEUR GOLFERS THROUGH COMPETITIVE GOLF TOURNAMENTS.

🔒

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 $29,420

Program Service Revenue $91,057

Investment Income $0

Other Revenue $0

TOTAL REVENUE $120,477

Expense Breakdown

Grants Paid $0

Salaries & Benefits $18,062

Fundraising Expenses $0

Program Expenses $123,247

Other Expenses $142,736

TOTAL EXPENSES $160,798

Year-over-Year Comparison

	2023	2022	Change
Revenue	$120,477	$104,018	+0.2%
Expenses	$160,798	$131,226	+0.2%
Net Income	$-40,321	$-27,208	+0.5%

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

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
KARL D GILBERT	EXECUTIVE DIRECTOR/BOARD MEMBER	60.00	Officer Director	$0	$0	$0
RICH KOVACS	BOARD MEMBER	1.00	Director	$0	$0	$0
BOB BOLIG	BOARD MEMBER	1.00	Director	$0	$0	$0
ALEX KNOLL	BOARD MEMBER	1.00	Director	$0	$0	$0
CATHERINE M GILBERT	SECRETARY/TREASURER	10.00	Officer	$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	$120,477	$160,798	$6,645	$-40,321
2023	$104,018	$131,226	$11,966	$-27,208
2022	$79,496	$114,752	$8,174	$-35,256
2021	$98,205	$138,809	$1,430	$-40,604
2020	$87,269	$109,214	No data	$-21,945
2019	$114,170	$160,089	$4,479	$-45,919
2018	$106,993	$159,321	$1,898	$-52,328

GOLF ASSOCIATION OF THE LEHIGH VALLEY FOUNDATION