UPSTATE GOLF CHARITIES INC

EIN: 462543321 501(c)(3) Recreation & Sports

ROCHESTER, NY

Total Revenue
$246,668
Total Expenses
$288,601
Total Assets
$20,993
Net Assets
$20,993
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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
2013
Legal Domicile
NY
Phone
5857342630
Tax Period
2021-01-01 to 2021-12-31

UPSTATE GOLF CHARITIES INC, founded in 2013, is a small nonprofit in the Recreation & Sports sector that reported $247K in total revenue in fiscal year 2021. Expenses of $289K exceeded revenue, resulting in a 17% operating deficit.

Mission

Operate golf tournaments to generate funds for programs and organizations with the purpose of exposing young people to golf and teaching young people life skills.

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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 (2021)

Revenue Breakdown

Contributions & Grants $5,000
Program Service Revenue $241,622
Investment Income $46
Other Revenue $0
TOTAL REVENUE $246,668

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $288,601
Other Expenses $288,601
TOTAL EXPENSES $288,601

Year-over-Year Comparison

2021 2020 Change
Revenue $246,668 N/A N/A
Expenses $288,601 N/A N/A
Net Income $-41,933 N/A N/A
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

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Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
75

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
0
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL VADALA Chairman 0.00
Director
$0 $0 $0
ERICA SETZER Secretary 0.00
Director
$0 $0 $0
PATRICK MOONEY Vice Chairman 0.00
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
2021 $246,668 $288,601 $20,993 $-41,933
2019 $491,861 $493,175 $70,026 $-1,314
2018 $468,952 $452,099 $124,920 $16,853
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