CHILDREN'S GOLF FOUNDATION INC (EIN 650262208) - 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

1991

Legal Domicile

Principal Officer

CARL J MISTRETTA

Phone

5618420066

Tax Period

2023-01-01 to 2023-12-31

CHILDREN'S GOLF FOUNDATION INC, founded in 1991, is a community nonprofit that reported $1.5M in total revenue in fiscal year 2023. Revenue fell 34% from the prior year — a significant decline worth monitoring. Expenses of $2.0M exceeded revenue, resulting in a 31% operating deficit.

Mission

TO POSITIVELY IMPACT THE LIVES OF YOUNG PEOPLE, INCLUDING THOSE WITH SPECIAL NEEDS AND VETERANS BY PROVIDING EDUCATIONAL PROGRAMS THAT BUILD CHARACTER, INSTILL LIFE-ENHANCING VALUES AND PROMOTE HEALTHY CHOICES THROUGH 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 $894,932

Program Service Revenue $128,706

Investment Income $29,844

Other Revenue $453,851

TOTAL REVENUE $1,507,333

Expense Breakdown

Grants Paid $51,042

Salaries & Benefits $1,145,041

Fundraising Expenses $157,494

Program Expenses $1,524,899

Other Expenses $779,947

TOTAL EXPENSES $1,976,030

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,507,333	$2,279,196	-0.3%
Expenses	$1,976,030	$1,692,789	+0.2%
Net Income	$-468,697	$586,407	-1.8%

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

N/A

Volunteers

278

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

$193,269

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DANIEL YOUNG	CHAIRMAN	4.00	Officer Director	$0	$0	$0
KENNETH R KENNERLY	VICE CHAIRMAN	4.00	Officer Director	$0	$0	$0
ANDREW HUNT	SECRETARY	4.00	Officer Director	$0	$0	$0
DAVID M THORSON CPA	TREASURER	4.00	Officer Director	$0	$0	$0
DAVID NORRIS ESQUIRE	LEGAL COUNSEL	4.00	Director	$0	$0	$0
EARNIE ELLISON	DIRECTOR	1.00	Director	$0	$0	$0
BOBBY HENDEL	DIRECTOR	1.00	Director	$0	$0	$0
MARIA MARINO	DIRECTOR	1.00	Director	$0	$0	$0
LISA NAPOLI	DIRECTOR	1.00	Director	$0	$0	$0
BILL O'LEARY	DIRECTOR	1.00	Director	$0	$0	$0
STEVE ROCKOFF	DIRECTOR	1.00	Director	$0	$0	$0
JERRY TANKERSLEY	DIRECTOR	1.00	Director	$0	$0	$0
RICHARD SHEEHAN	DIRECTOR	1.00	Director	$0	$0	$0
GREG THOMPSON	DIRECTOR	1.00	Director	$0	$0	$0
GERRY LITRENTO	DIRECTOR	1.00	Director	$0	$0	$0
CARL J MISTRETTA JR	EXECUTIVE DIRECTOR	60.00	Officer	$147,232	$46,037	$193,269

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	$1,507,333	$1,976,030	$3,496,791	$-468,697
2022	$2,279,196	$1,692,789	$3,965,280	$586,407
2021	$2,732,545	$1,258,380	$3,340,515	$1,474,165
2020	$1,314,509	$1,261,856	$1,958,520	$52,653
2019	$2,156,341	$1,949,251	$1,767,901	$207,090
2018	$1,967,127	$2,051,984	$1,576,459	$-84,857

CHILDREN'S GOLF FOUNDATION INC