ILLINOIS PROFESSIONAL GOLFERS ASSOCIATION FOUNDATION INC

EIN: 363793380 501(c)(3) Recreation & Sports

GOLF, IL

Total Revenue
$1,394,690
Total Expenses
$1,511,169
Total Assets
$2,483,011
Net Assets
$1,534,114
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1991
Legal Domicile
IL
Principal Officer
CARRIE WILLIAMS
Phone
8477295700
Tax Period
2024-04-01 to 2025-03-31

ILLINOIS PROFESSIONAL GOLFERS ASSOCIATION FOUNDATION INC, founded in 1991, is a community nonprofit in the Recreation & Sports sector that reported $1.4M in total revenue in fiscal year 2024. Revenue surged 96% from the prior year, signaling strong growth momentum.

Mission

PROMOTES THE GOODWILL AND GROWTH OF GOLF IN THE STATE OF ILLINOIS WITH AM EMPHASIS ON ACTIVITIES THAT BENEFIT YOUTH. ACTIVITIES INCLUDE GOLFWORKS ILLINOIS, GOLFGIVES.ORG, A YOUTH-BASED SCHOLARSHIP AND GRANTS PROGRAM AND THE ILLINOIS GOLF HALL OF FAME.

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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 (2024)

Revenue Breakdown

Contributions & Grants $905,349
Program Service Revenue $299,653
Investment Income $220,530
Other Revenue $-30,842
TOTAL REVENUE $1,394,690

Expense Breakdown

Grants Paid $521,488
Salaries & Benefits $0
Fundraising Expenses $17,239
Program Expenses $1,116,975
Other Expenses $989,681
TOTAL EXPENSES $1,511,169

Year-over-Year Comparison

2024 2023 Change
Revenue $1,394,690 $709,814 +1.0%
Expenses $1,511,169 $909,830 +0.7%
Net Income $-116,479 $-200,016 -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

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Liquidity & Cash Position

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Governance

Voting Members
18
Independent Members
18
Employees
N/A
Volunteers
40

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
$0
Total Directors
18
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TIM CRONIN GOVERNOR 1.00
Director
$0 $0 $0
TIM O'NEAL GOVERNOR 1.00
Director
$0 $0 $0
JAMIE NIETO GOVERNOR 1.00
Director
$0 $0 $0
ANDY MICKELSON GOVERNOR 1.00
Director
$0 $0 $0
MIKE PICCIANO GOVERNOR 1.00
Director
$0 $0 $0
ALEX MENDEZ GOVERNOR 1.00
Director
$0 $0 $0
THAD MALIK GOVERNOR 1.00
Director
$0 $0 $0
MIKE MUNRO GOVERNOR 1.00
Director
$0 $0 $0
CHRIS OEHLERKING GOVERNOR 1.00
Director
$0 $0 $0
TREY VANDYKE GOVERNOR 1.00
Director
$0 $0 $0
LOUIS BROWN JR GOVERNOR 1.00
Director
$0 $0 $0
GARY BINDER GOVERNOR 1.00
Director
$0 $0 $0
DON PIEPER GOVERNOR 1.00
Director
$0 $0 $0
WES WARREN GOVERNOR 1.00
Director
$0 $0 $0
HANS LARSON PRESIDENT 1.00
Officer Director
$0 $0 $0
DAVID GLOD VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
CHRIS GUMBACK TREASURER 1.00
Officer Director
$0 $0 $0
ANDREW STEVENS SECRETARY 1.00
Officer Director
$0 $0 $0
CARRIE WILLIAMS EXECUTIVE DIRECTOR 13.00
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
2025 $1,394,690 $1,511,169 $2,483,011 $-116,479
2024 $709,814 $909,830 $2,122,348 $-200,016
2023 $1,040,431 $1,113,146 $2,403,159 $-72,715
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