GOLF GIVES INC

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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

2024

Legal Domicile

Principal Officer

DAVID REASONER

Phone

2019210184

Tax Period

2024-06-06 to 2024-12-31

GOLF GIVES INC, founded in 2024, is a small nonprofit that reported $469K in total revenue in fiscal year 2024. The organization ran a surplus of $460K, a strong 98% operating margin.

Mission

THE CHARITY'S MISSION IS TO PROVIDE SCHOLARSHIPS AND HARDSHIP GRANTS TO NEEDY INDIVIDUALS AND FAMILIES WITHIN THE GOLF COMMUNITY.

Program Service Accomplishments

Program 1

Revenue: $47,810

THE CHARITY OPERATES A SCHOLARSHIP PROGRAM TO HELP LOW-INCOME MEMBERS OF THE GOLF COMMUNITY AND THEIR CHILDREN PURSUE POSTSECONDARY EDUCATION. THE CHARITY HAS AN APPLICATION PROCESS WITH OBJECTIVE...

THE CHARITY OPERATES A SCHOLARSHIP PROGRAM TO HELP LOW-INCOME MEMBERS OF THE GOLF COMMUNITY AND THEIR CHILDREN PURSUE POSTSECONDARY EDUCATION. THE CHARITY HAS AN APPLICATION PROCESS WITH OBJECTIVE, NONDISCRIMINATORY CRITERIA, BUT NOTES THAT THERE WILL BE AN EMPHASIS ON FINANCIAL NEED. THESE CRITERIA WILL BE FINALIZED AND MEMORIALIZED IN WRITING BEFORE THE CHARITY BEGINS SOLICITING, CONSIDERING, OR PAYING ANY SCHOLARSHIPS. THE NUMBER OF SCHOLARSHIPS MADE IN ANY GIVEN YEAR, AS WELL AS THE AMOUNT OF EACH SCHOLARSHIP, WILL DEPEND UPON THE DEMONSTRATED NEED AS ASSESSED BY THE CHARITY'S SELECTION CRITERIA.

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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 $500,002

Program Service Revenue $0

Investment Income $0

Other Revenue $-31,352

TOTAL REVENUE $468,650

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $8,521

TOTAL EXPENSES $8,521

Year-over-Year Comparison

	2024	2023	Change
Revenue	$468,650	N/A	N/A
Expenses	$8,521	N/A	N/A
Net Income	$460,129	N/A	N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RICHARD PURINGTON	CHAIRMAN AND TREASURER	1.00	Officer Director	$0	$0	$0
BRIGGS PHILLIPS	SECRETARY	1.00	Officer Director	$0	$0	$0
DAVID REASONER	PRESIDENT	1.00	Officer Director	$0	$0	$0
BILL HOOK	DIRECTOR (B)	1.00	Director	$0	$0	$0
TOM FLATT	DIRECTOR (B)	1.00	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	$468,650	$8,521	$460,129	$460,129