FORE AUGUSTA FOUNDATION INC (EIN 582415361) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1998

Legal Domicile

Principal Officer

RUSSELL MORGAN

Phone

7064211366

Tax Period

2023-01-01 to 2023-12-31

FORE AUGUSTA FOUNDATION INC, founded in 1998, is a small nonprofit in the Arts, Culture & Humanities sector that reported $687K in total revenue in fiscal year 2023. Revenue surged 34% from the prior year, signaling strong growth momentum. Expenses of $863K exceeded revenue, resulting in a 26% operating deficit.

Mission

FORE! AUGUSTA FOCUSES EFFORTS TO OPERATE FIRST TEE AUGUSTA, A 6-HOLE GOLF COURSE WITH PROGRAMS GEARED TOWARD TEACHING CHILDREN THE GAME OF GOLF.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $590,891

Program Service Revenue $81,232

Investment Income $0

Other Revenue $14,431

TOTAL REVENUE $686,554

Expense Breakdown

Grants Paid $0

Salaries & Benefits $373,622

Fundraising Expenses $0

Program Expenses $800,403

Other Expenses $489,219

TOTAL EXPENSES $862,841

Year-over-Year Comparison

	2023	2022	Change
Revenue	$686,554	$513,383	+0.3%
Expenses	$862,841	$708,362	+0.2%
Net Income	$-176,287	$-194,979	-0.1%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

143

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

$96,607

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN HALES	DIRECTOR	0.30	Director	$0	$0	$0
VERONICA BOGANS	DIRECTOR	0.30	Director	$0	$0	$0
WALKER HOPKINS	DIRECTOR	0.30	Director	$0	$0	$0
FREDRICK W PALMER II	DIRECTOR	0.30	Director	$0	$0	$0
ELMER PICKETT	DIRECTOR	0.30	Director	$0	$0	$0
HASKELL D TOPOREK	DIRECTOR	0.30	Director	$0	$0	$0
R W ALLEN	DIRECTOR	0.30	Director	$0	$0	$0
JAMES M HULL	DIRECTOR	0.30	Director	$0	$0	$0
JEFFERSON B A KNOX SR	DIRECTOR	0.30	Director	$0	$0	$0
WILLIAM D MCKNIGHT	DIRECTOR	0.30	Director	$0	$0	$0
E G MEYBOHM	DIRECTOR	0.30	Director	$0	$0	$0
WILLIAM S MORRIS III	DIRECTOR	0.30	Director	$0	$0	$0
CLINTON LOWERY	DIRECTOR	0.30	Director	$0	$0	$0
ELAINE CLARK SMITH	DIRECTOR	0.30	Director	$0	$0	$0
NICK W EVANS	DIRECTOR	0.30	Director	$0	$0	$0
PAUL S SIMON	CHAIRMAN EMERITUS	0.30	Officer Director	$0	$0	$0
KEVIN SWEENEY	CHAIRMAN	0.30	Officer Director	$0	$0	$0
JAMES W BENNETT JR	VICE CHAIR	0.30	Officer Director	$0	$0	$0
DAVID MCDANIEL	SECRETARY	0.30	Officer Director	$0	$0	$0
RUSSELL MORGAN	TREASURER	0.30	Officer Director	$0	$0	$0
JILL BROWN	EXECUTIVE DIRECTOR	40.00	Officer	$89,624	$6,983	$96,607

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	No data	No data	No data	No data
2023	$686,554	$862,841	$1,173,223	$-176,287
2022	$513,383	$708,362	$1,268,722	$-194,979
2021	$809,206	$667,582	$879,572	$141,624
2020	$516,109	$854,168	$837,614	$-338,059
2019	$459,051	$903,216	$1,002,130	$-444,165
2018	$394,485	$867,436	$1,301,810	$-472,951

FORE AUGUSTA FOUNDATION INC