ARNIE'S ARMY CHARITABLE FOUNDATION INC

EIN: 813305976 501(c)(3) Human Services

ORLANDO, FL

Total Revenue
$41,630,742
Total Expenses
$42,072,124
Total Assets
$24,006,965
Net Assets
$22,648,101
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
FL
Principal Officer
BRIAN BATTLES
Phone
4078768057
Tax Period
2023-07-01 to 2024-06-30

ARNIE'S ARMY CHARITABLE FOUNDATION INC, founded in 2016, is a mid-sized nonprofit in the Human Services sector that reported $41.6M in total revenue in fiscal year 2023.

Mission

TO DISBURSE CHARITABLE FUNDS GENERATED BY HOSTING THE ARNOLD PALMER INVITATIONAL TO ARNOLD & WINNIE PALMER FOUNDATION FOR PURPOSES OF PROVIDING FINANCIAL SUPPORT TO ASSIST ARNOLD & WINNIE PALMER FOUNDATION, INC. IN ACHIEVING ITS CHARITABLE PURPOSE OF PROVIDING FINANCIAL SUPPORT TO INSTITUTIONS AND ORGANIZATIONS WHICH PROMOTE THE WELL-BEING AND DEVELOPMENT OF CHILDREN AND YOUTH, PROMOTE HEALTH AND WELLNESS INITIATIVES, STRENGTHEN COMMUNITIES AND THE ENVIRONMENT, AND PROMOTE THE LEGACY OF ARNOLD PALMER IN GOLF AND AMERICAN HISTORY WHILE SHARING IT WITH THE PUBLIC.

Program Service Accomplishments

Program 1
Expenses: $35,360,557 Revenue: $40,896,444

THE ORGANIZATION OPERATES THE ARNOLD PALMER INVITATIONAL, AN ELEVATED PGA TOUR SANCTIONED GOLF TOURNAMENT, AS A MEANS OF GENERATING FUNDS TO DONATE TO ARNOLD & WINNIE PALMER FOUNDATION (PALMER...

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THE ORGANIZATION OPERATES THE ARNOLD PALMER INVITATIONAL, AN ELEVATED PGA TOUR SANCTIONED GOLF TOURNAMENT, AS A MEANS OF GENERATING FUNDS TO DONATE TO ARNOLD & WINNIE PALMER FOUNDATION (PALMER FOUNDATION). PALMER FOUNDATION'S PURPOSE IS TO INVEST IN ORGANIZATIONS AND PROGRAMS THAT PROMOTE HEALTHY KIDS, YOUTH DEVELOPMENT, NATURE FOCUSED WELLNESS AND THE LEGACY OF ARNOLD PALMER IN GOLF AND AMERICAN HISTORY.

Program 2
Expenses: $1,649,405

SUPPORT OF OTHER EXEMPT ORGANIZATIONS THAT PROMOTE THE CHARITABLE PURPOSES OF ARNOLD & WINNIE PALMER FOUNDATION, INC.

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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 (2023)

Revenue Breakdown

Contributions & Grants $25,000
Program Service Revenue $40,896,444
Investment Income $273,051
Other Revenue $436,247
TOTAL REVENUE $41,630,742

Expense Breakdown

Grants Paid $1,649,405
Salaries & Benefits $1,640,262
Fundraising Expenses $0
Program Expenses $37,009,962
Other Expenses $38,782,457
TOTAL EXPENSES $42,072,124

Year-over-Year Comparison

2023 2022 Change
Revenue $41,630,742 $39,447,081 +0.1%
Expenses $42,072,124 $40,621,194 +0.0%
Net Income $-441,382 $-1,174,113 -0.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
4
Independent Members
N/A
Employees
N/A
Volunteers
1500

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
3
$0
Total Directors
4
$523,803
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
AMY SAUNDERS PRESIDENT & BOARD CHAIR 2.00
Officer Director
$0 $0 $0
ROBERT L SAUNDERS III DIRECTOR 2.00
Director
$0 $0 $0
KEN BOEHNER DIRECTOR 27.00
Director
$349,202 $0 $523,803
EMILY SCHNEIDER DIRECTOR 1.00
Director
$0 $0 $0
BRIAN BATTLES TREASURER 5.00
Officer
$0 $0 $0
KRISTIN RAYMOND SECRETARY 5.00
Officer
$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 $41,630,742 $42,072,124 $24,006,965 $-441,382
2023 $39,447,081 $40,621,194 $23,371,968 $-1,174,113
2022 $29,919,069 $28,520,941 $25,271,714 $1,398,128
2021 $35,690,094 $20,496,675 $24,420,608 $15,193,419
2019 $24,478,209 $22,737,237 $6,352,857 $1,740,972
2018 $23,376,306 $21,052,210 $4,918,369 $2,324,096
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