ANCHORAGE GOLF LEGACY INC

EIN: 851544384 501(c)(3) Education

ANCHORAGE, AK

Total Revenue
$46,632
Total Expenses
$74,149
Total Assets
$155,725
Net Assets
$155,725
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
AK
Principal Officer
Luke Blomfield
Phone
9075223425
Tax Period
2024-10-01 to 2025-09-30

ANCHORAGE GOLF LEGACY INC, founded in 2019, is a micro nonprofit in the Education sector that reported $47K in total revenue in fiscal year 2024. Revenue fell 80% from the prior year — a significant decline worth monitoring. Expenses of $74K exceeded revenue, resulting in a 59% operating deficit.

Mission

Anchorage Golf Legacy is a non-profit organization dedicated to promoting the game of golf. We believe that golf teaches core values, such as honesty, integrity, sportsmanship, responsibility, perseverance and respect for others. We are dedicated to grow the game, especially with the typically under served women and junior demographics, by hosting the 2022 U.S. Senior Womens Amateur Championship. Hosting the first national golf championship in Alaska will not only spotlight womens golf, but hosting it requires us to improve the golf course and onsite facilities. This requirement will drive the improvements that allow us to give juniors and other novice golfers the opportunity to learn the skills to become golf enthusiasts and to put those learned core values to use in all aspects of their lives.

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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 (2024)

Revenue Breakdown

Contributions & Grants $15,964
Program Service Revenue $13,800
Investment Income $0
Other Revenue $16,868
TOTAL REVENUE $46,632

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $72,712
Other Expenses $74,149
TOTAL EXPENSES $74,149

Year-over-Year Comparison

2024 2023 Change
Revenue $46,632 $228,451 -0.8%
Expenses $74,149 $68,049 +0.1%
Net Income $-27,517 $160,402 -1.2%
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
3
Independent Members
3
Employees
N/A
Volunteers
N/A

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
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Richard Sayers Vice President 20.00
Officer Director
$0 $0 $0
Luke Blomfield President 10.00
Officer Director
$0 $0 $0
Jim Olson Sec/Treasurer 25.00
Officer 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
2025 $46,632 $74,149 $155,725 $-27,517
2024 $228,451 $68,049 $183,284 $160,402
2023 $40,042 $134,166 $36,262 $-94,124
2022 $483,783 $471,976 $124,924 $11,807
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