DAYTONA BEACH GOLF CHARITIES INC

EIN: 593214096 501(c)(3) Philanthropy & Grantmaking

DAYTONA BEACH, FL

Total Revenue
$565,533
Total Expenses
$334,816
Total Assets
$746,708
Net Assets
$6,231
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1994
Legal Domicile
FL
Principal Officer
RICKI LASKY
Phone
3862746200
Tax Period
2019-01-01 to 2019-12-31

DAYTONA BEACH GOLF CHARITIES INC, founded in 1994, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $566K in total revenue in fiscal year 2019. Revenue fell 95% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $231K, a strong 41% operating margin.

Mission

TO ORGANIZE, SUPPORT AND PROMOTE GOLF TOURNAMENTS FOR THE PURPOSE OF RAISING FUNDS TO BE CONTRIBUTED TO LOCAL AND NATIONAL CHARITIES.

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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 (2019)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $565,104
Investment Income $429
Other Revenue $0
TOTAL REVENUE $565,533

Expense Breakdown

Grants Paid $170,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $334,816
Other Expenses $164,816
TOTAL EXPENSES $334,816

Year-over-Year Comparison

2019 2018 Change
Revenue $565,533 $11,095,605 -0.9%
Expenses $334,816 $11,296,444 -1.0%
Net Income $230,717 $-200,839 -2.1%
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

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Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
50

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
2
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RICKI LASKY PRESIDENT 1.0
Officer Director
$0 $0 $0
MIKE NICHOLS SECRETARY/TREASURER 1.0
Officer Director
$0 $0 $0
HEATHER DALY-DONOFRIO MEMBER 1.0
Director
$0 $0 $0
WENDY CAVES MEMBER 1.0
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
2019 $565,533 $334,816 $746,708 $230,717
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