THE TEXAS GOLF ASSOCIATION FOUNDATION (EIN 752829588) - 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

1999

Legal Domicile

Principal Officer

STACY DENNIS

Phone

2144688942

Tax Period

2024-01-01 to 2024-12-31

THE TEXAS GOLF ASSOCIATION FOUNDATION, founded in 1999, is a small nonprofit that reported $994K in total revenue in fiscal year 2024. The organization ran a surplus of $223K, a strong 22% operating margin.

Mission

TO PROMOTE AND EXPAND COMMUNITY AWARENESS OF THE GAME OF GOLF IN TEXAS THROUGH PROGRAMS SERVING JUNIOR GOLFERS AND THE COMMUNITY AT LARGE.

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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 (2024)

Revenue Breakdown

Contributions & Grants $294,261

Program Service Revenue $672,385

Investment Income $27,342

Other Revenue $0

TOTAL REVENUE $993,988

Expense Breakdown

Grants Paid $6,205

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $711,397

Other Expenses $764,730

TOTAL EXPENSES $770,935

Year-over-Year Comparison

	2024	2023	Change
Revenue	$993,988	$953,078	+0.0%
Expenses	$770,935	$764,962	+0.0%
Net Income	$223,053	$188,116	+0.2%

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

Employees

N/A

Volunteers

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

$343,757

Total Directors

$343,757

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STACY DENNIS	SECRETARY, EXECUTIVE DIREC	0.80	Officer Director	$0	$21,392	$343,757
SUZAN KNOX	PRESIDENT	0.40	Officer Director	$0	$0	$0
MICHAEL STUART	VICE PRESIDENT	0.80	Officer Director	$0	$0	$0
MIKE BOOKER	TREASURER	0.40	Officer Director	$0	$0	$0
SCOTT BEATY	DIRECTOR	0.05	Director	$0	$0	$0
ROB COUTURE	DIRECTOR	0.80	Director	$0	$0	$0
DONNA BRADY	DIRECTOR	0.40	Director	$0	$0	$0
CAREY SCHULTEN	DIRECTOR	0.05	Director	$0	$0	$0
LOREN SINGLETARY	DIRECTOR	0.80	Director	$0	$0	$0
TITUS HARRIS III	DIRECTOR	0.80	Director	$0	$0	$0
LEE SANDLIN	DIRECTOR	0.40	Director	$0	$0	$0
RONALD NORMAN	DIRECTOR	0.40	Director	$0	$0	$0
JIM BROWN	DIRECTOR	0.05	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
2024	$993,988	$770,935	$1,138,971	$223,053
2023	$953,078	$764,962	$942,742	$188,116
2022	$856,934	$712,189	$738,106	$144,745
2021	$831,747	$696,593	$576,153	$135,154
2020	$642,178	$686,380	$454,653	$-44,202
2019	$658,101	$644,273	$443,753	$13,828
2018	$573,513	$532,909	$451,179	$40,604

THE TEXAS GOLF ASSOCIATION FOUNDATION