GOLF CHARITIES FOUNDATION INC (EIN 462580975) - 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

2013

Legal Domicile

Phone

5034126713

Tax Period

2020-01-01 to 2020-12-31

GOLF CHARITIES FOUNDATION INC, founded in 2013, is a small nonprofit that reported $631K in total revenue in fiscal year 2020. Revenue fell 56% from the prior year — a significant decline worth monitoring.

Mission

GCF WAS FORMED TO MAKE DONATIONS TO CHARITABLE ORGANIZATIONS PRIMARILY FROM FUNDS RAISED HOSTING TWO PROFESSIONAL GOLF TOURNAMENTS. GCF HAS CONTRACTS WITH PGA TOUR, INC. TO HOST A TOURNAMENT ON THE PGA'S WEB.COM TOUR AND A TOURNAMENT ON THE REGULAR PGA TOUR. IN TURN GCF HAS CONTRACTED WITH LAGARDERE SPORTS AND ENTERTAINMENT TO CONDUCT THE TOURNAMENTS, INCLUDING ALL OPERATIONS, OBTAINING CORPORATE SPONSORS TO UNDERWRITE THE COSTS OF THE TOURNAMENTS, SELLING TICKETS, AND MAKING ARRANGEMENTS WITH THE PROFESSIONAL GOLF ASSOCIATION/WEB.COM TOUR.

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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 (2020)

Revenue Breakdown

Contributions & Grants $631,466

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $631,466

Expense Breakdown

Grants Paid $631,466

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $631,466

Other Expenses $0

TOTAL EXPENSES $631,466

Year-over-Year Comparison

	2020	2019	Change
Revenue	$631,466	$1,432,525	-0.6%
Expenses	$631,466	$1,447,525	-0.6%
Net Income	$0	$-15,000	-1.0%

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	Role	Reportable Comp	Other Comp	Total
JEFF SANDERS	President	Officer Director	$0	$0	$0
BRENT BREWER	SECRETARY/TREAS	Officer Director	$0	$0	$0
PAUL WITTMAN	Director	Director	$0	$0	$0
LYNN HOYLE	Director	Director	$0	$0	$0
LARRY FRAGER	Director	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
2020	$631,466	$631,466	No data	No data
2019	$1,432,525	$1,447,525	$287,792	$-15,000
2018	$1,241,343	$1,227,888	$751,333	$13,455

GOLF CHARITIES FOUNDATION INC