THE INDIANA SECTION OF THE PGA OF AMERICA INC (EIN 351980369) - Form 990 Financial Analysis & Trantor Score

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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

1967

Legal Domicile

Principal Officer

MICHAEL L DAVID

Phone

8007797271

Tax Period

2024-01-01 to 2024-12-31

THE INDIANA SECTION OF THE PGA OF AMERICA INC, founded in 1967, is a community nonprofit that reported $1.5M in total revenue in fiscal year 2024. Revenue surged 27% from the prior year, signaling strong growth momentum. Expenses of $1.4M left a modest 7% surplus.

Mission

TO PROMOTE THE SPORT OF GOLF.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $104,180

Program Service Revenue $1,260,653

Investment Income $88,417

Other Revenue $32,447

TOTAL REVENUE $1,485,697

Expense Breakdown

Grants Paid $35,750

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $1,342,077

TOTAL EXPENSES $1,377,827

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,485,697	$1,170,328	+0.3%
Expenses	$1,377,827	$1,098,452	+0.3%
Net Income	$107,870	$71,876	+0.5%

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

Governance

Voting Members

Independent Members

Employees

N/A

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

$251,529

Total Directors

$251,529

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL L DAVID	EXECUTIVE DIRECTOR	7.00	Officer Director	$0	$20,150	$251,529
CRYSTAL MORSE	DIRECTOR	2.00	Director	$0	$0	$0
DOUG HILL	DIRECTOR	2.00	Director	$0	$0	$0
JAKE PEACOCK	DIRECTOR	2.00	Director	$0	$0	$0
JOHN SWAN	DIRECTOR	2.00	Director	$0	$0	$0
KYLE KOLARZ	DIRECTOR	2.00	Director	$0	$0	$0
KYLE LYNNE DEMETER	DIRECTOR	2.00	Director	$0	$0	$0
MARK NANCE	DIRECTOR	2.00	Director	$0	$0	$0
NATE HOLM	DIRECTOR	2.00	Director	$0	$0	$0
ROB KNUCKLES	DIRECTOR	2.00	Director	$0	$0	$0
TODD SMITH	DIRECTOR	2.00	Director	$0	$0	$0
PATRICK WHITE	PRESIDENT	2.00	Officer Director	$0	$0	$0
RYAN FORD	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
BRIAN GARRETT	SECRETARY	2.00	Officer Director	$0	$0	$0
CAT BENSON	PAST PRESIDENT	2.00	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
2025	No data	No data	No data	No data
2024	$1,485,697	$1,377,827	$1,471,077	$107,870
2023	$1,170,328	$1,098,452	$1,328,021	$71,876
2022	$1,109,051	$1,206,460	$1,171,764	$-97,409
2021	$1,065,938	$1,159,664	$1,336,237	$-93,726
2020	$730,988	$675,567	$1,355,424	$55,421
2019	$1,067,513	$949,308	$1,302,498	$118,205
2018	$1,081,632	$918,293	$1,144,467	$163,339

THE INDIANA SECTION OF THE PGA OF AMERICA INC