ANNIKA FOUNDATION

🔒

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

2008

Legal Domicile

Principal Officer

ANGELA IACONE-RADAELLI

Phone

4074055355

Tax Period

2023-01-01 to 2023-12-31

ANNIKA FOUNDATION, founded in 2008, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $1.9M in total revenue in fiscal year 2023. Revenue surged 58% from the prior year, signaling strong growth momentum. Expenses of $1.7M left a modest 11% surplus.

Mission

THE ANNIKA FOUNDATION AIMS TO DEVELOP, EMPOWER AND ADVANCE YOUNG WOMEN AROUND THE WORLD THROUGH GOLF AND IN LIFE. MORE SPECIFICALLY, WE PROVIDE OPPORTUNITIES IN WOMEN'S GOLF AT THE JUNIOR, COLLEGIATE AND PROFESSIONAL LEVELS WHILE TEACHING. YOUNG PEOPLE THE IMPORTANCE OF PERSONAL DEVELOPMENT, INCLUDING LIVING A HEALTHY, ACTIVE LIFESTYLE THROUGH FITNESS AND NUTRITION.

Program Service Accomplishments

Program 1

Expenses: $930,693 Revenue: $719,438

ANNIKA FOUNDATION CONDUCTS SEVEN MAJOR GOLF EVENTS FOR ASPIRING JUNIOR, COLLEGIATE AND AMATEUR FEMALE GOLFERS. THE GLOBAL TOURNAMENTS INCLUDE HILTON GRAND VACATIONS ANNIKA INVITATIONAL PRESENTED BY ROLEX; ANNIKA CUP AND ANNIKA INVITATIONAL EUROPE; CDW GIRLS JUNIOR ALL-STAR CHAMPIONSHIP; ANNIKA INTERCOLLEGIATE PRESENTED BY 3M; ANNIKA INVITATIONAL ASIA AND WOMEN'S AMATEUR LATIN AMERICA. OTHER INITIATIVES INCLUDE THE ANNIKA AWARD PRESENTED BY 3M, THE ANNIKA DEVELOPMENT PROGRAM AND THE ANNIKA WOMEN'S ALL PRO TOUR WHICH ARE SUPPORTED THROUGH THE FOUNDATION IN COLLABORATION WITH OTHER ORGANIZATIONS.

Program 2

Expenses: $55,785 Revenue: $225,000

THE ANNIKA FOUNDATION ALSO CONDUCTS SIX SIX GRASSROOT CLINICS CALLED "SHARE MY PASSION" CLINICS, THAT INTRODUCE YOUNG GIRLS TO THE GAME.

Program 3

Expenses: $179,986 Revenue: $172,000

SINCE 2014, THE FOUNDATION HAS ANNUALLY HOSTED THE ANNIKA INTERCOLLEGIATE PRESENTED BY 3M, A WOMEN'S COLLEGE TOURNAMENT FEATURING 12 TOP DIVISION I SCHOOLS. MOREOVER, WITH THE SUPPORT OF THE HASKINS FOUNDATION, THE FOUNDATION CREATED THE ANNIKA AWARD PRESENTED BY STIFEL, WHICH IS GIVEN ANNUALLY TO THE BEST COLLEGIATE FEMALE GOLFER.

🔒

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 $681,123

Program Service Revenue $1,116,438

Investment Income $81,316

Other Revenue $0

TOTAL REVENUE $1,878,877

Expense Breakdown

Grants Paid $60,000

Salaries & Benefits $497,299

Fundraising Expenses $264,506

Program Expenses $1,166,464

Other Expenses $1,110,118

TOTAL EXPENSES $1,667,417

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,878,877	$1,192,905	+0.6%
Expenses	$1,667,417	$1,139,277	+0.5%
Net Income	$211,460	$53,628	+2.9%

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

250

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

$337,358

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANGELA IACONERADAELLI	DIRECTOR/TREASURER	10.00	Officer Director	$0	$0	$0
ANNE BROHOLM	DIRECTOR	1.00	Director	$0	$0	$0
ANNIKA SORENSTAM	DIRECTOR	1.00	Director	$0	$0	$0
BARRY HYDE	DIRECTOR	1.00	Director	$0	$0	$0
CALVIN BUTLER JR	DIRECTOR	1.00	Director	$0	$0	$0
CHARLES MECHEM	DIRECTOR	1.00	Director	$0	$0	$0
CRAIG ANNIS	DIRECTOR	1.00	Director	$0	$0	$0
DANIEL DUTTON	DIRECTOR	1.00	Director	$0	$0	$0
DAVID BOCKORNY	DIRECTOR	1.00	Director	$0	$0	$0
JAY BRENNAN	DIRECTOR	1.00	Director	$0	$0	$0
JAY EPSTIEN	DIRECTOR	1.00	Director	$0	$0	$0
JERRY M MCGEE	DIRECTOR	1.00	Director	$0	$0	$0
JIM NUGENT	DIRECTOR	1.00	Director	$0	$0	$0
ROBERTA BOWMAN	DIRECTOR	1.00	Director	$0	$0	$0
SUZY WHALEY	DIRECTOR	1.00	Director	$0	$0	$0
TOM RIDGE	DIRECTOR	1.00	Director	$0	$0	$0
CRYSTAL DAVIS	SECRETARY	1.00	Officer	$0	$0	$0
ROBERT K OHNO	PRESIDENT & CEO	40.00	Officer	$287,776	$49,582	$337,358

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	No data	No data	No data	No data
2023	$1,878,877	$1,667,417	$2,497,423	$211,460
2022	$1,192,905	$1,139,277	$2,102,445	$53,628
2021	$1,187,648	$1,066,355	$2,313,150	$121,293
2020	$792,476	$591,975	$1,971,144	$200,501
2019	$865,016	$783,496	$1,605,021	$81,520
2018	$1,362,832	$1,113,234	$1,445,520	$249,598