GOLF HISTORY OF COLORADO FOUNDATIO… - Form 990 Financial Data

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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

2012

Legal Domicile

Principal Officer

JON RIZZI

Phone

7205813390

Tax Period

2024-01-01 to 2024-12-31

GOLF HISTORY OF COLORADO FOUNDATION C/O JON RIZZI, founded in 2012, is a small nonprofit in the Arts, Culture & Humanities sector that reported $123K in total revenue in fiscal year 2024. Revenue fell 84% from the prior year — a significant decline worth monitoring. Expenses of $157K exceeded revenue, resulting in a 27% operating deficit.

Mission

SUPPORT THE MAINTENANCE OF A HISTORIC GOLF MUSEUM, PRESERVING THE HISTORY OF GOLF IN COLORADO AND PROMOTING EDUCATIONAL HISTORY OF GOLF IN COLORADO.

Program Service Accomplishments

Program 1

Expenses: $153,077 Revenue: $17,485

MAINTENANCE OF GOLF HISTORY MUSEUM.

Program 2

PRESENTATION OF GOLF EDUCATIONAL PROGRAM.

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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 $31,935

Program Service Revenue $0

Investment Income $5,129

Other Revenue $86,177

TOTAL REVENUE $123,241

Expense Breakdown

Grants Paid $0

Salaries & Benefits $36,000

Fundraising Expenses $0

Program Expenses $153,077

Other Expenses $120,865

TOTAL EXPENSES $156,865

Year-over-Year Comparison

	2024	2023	Change
Revenue	$123,241	$779,643	-0.8%
Expenses	$156,865	$525,532	-0.7%
Net Income	$-33,624	$254,111	-1.1%

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

N/A

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
JON RIZZI	DIRECTOR	2.00	Officer	$0	$0	$0
MARK PASSEY	DIRECTOR	2.00	Officer	$0	$0	$0
JOHN TRENCK III	DIRECTOR	2.00	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	$123,241	$156,865	$1,129,854	$-33,624
2023	$779,643	$525,532	$1,163,478	$254,111
2022	$229,317	$252,123	$909,367	$-22,806
2021	$969,980	$91,277	$932,173	$878,703

GOLF HISTORY OF COLORADO FOUNDATION C/O JON RIZZI