Overview
What is Colorado Open Golf Foundation Inc?
Colorado Open Golf Foundation Inc, located in Denver, Colorado, is a dedicated nonprofit organization. Their primary mission is to promote the game of golf and the sportsmanship associated with it. To achieve this, they conduct various golf championships, such as the Colorado Open Golf Championship, the Colorado Women's Open, and the Colorado Senior Open. By organizing these events, they aim to generate awareness, sportsmanship, and recreation, particularly for youth-oriented sports, through the game of golf. The foundation operates with a commitment to fostering a love for golf and the values it embodies.
Official website here: www.firstteegreenvalleyranch.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 75% (Three-Star out of Four Star Rating)
The Colorado Open Golf Foundation Inc received a Three-Star rating from Charity Navigator, reflecting a solid performance in accountability and finance with a score of 75%. This rating is derived from their strong adherence to governance standards, including a fully independent board, a comprehensive conflict of interest policy, and effective whistleblower protections. The organization has demonstrated transparency by listing essential policies and maintaining accurate board meeting records.
Strengths of the organization include a high percentage of program expenses, indicating a commitment to using funds effectively for their mission. With 68.23% of expenditures allocated to programs, the foundation shows a focus on impactful operations. Additionally, their financial management appears prudent, as evidenced by the low material diversion of assets and a favorable liabilities-to-assets ratio of approximately 56%.
Despite these strengths, there is still room for improvement, particularly in enhancing their financial sustainability and managing liabilities more effectively. Overall, the Colorado Open Golf Foundation showcases commendable accountability practices, but stakeholders may wish to monitor their financial health and program efficiency as they move forward.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Colorado Open Golf Foundation Inc?
94% of 15 reviewers on Facebook recommend the Colorado Open Golf Foundation Inc. Here's a summary of their reviews:
Many participants are enthusiastic about the program, highlighting its unique combination of teaching golf alongside essential life skills. This dual focus not only enhances children's athletic abilities but also promotes personal development. The program seems to resonate well with families, fostering a positive experience for the kids involved.
Overall, the sentiment is highly favorable, with reviewers appreciating the organization’s commitment to youth development through sports. The Colorado Open Golf Foundation Inc. appears to effectively meet its mission, making a significant impact on the lives of its young participants.
This AI summary has been generated from reviews found on Facebook.
Is Colorado Open Golf Foundation Inc legitimate?
Colorado Open Golf Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Colorado Open Golf Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $164,514
Professional Fundraising Fees: $0
Other Salaries and Wages: $196,859
For more financial information, click here
Official website here: www.firstteegreenvalleyranch.org
What is the mission statement of Colorado Open Golf Foundation Inc?
The Colorado Open Golf Foundation Inc's mission is centered around promoting awareness, sportsmanship, and recreation for youth-focused sports, specifically through the game of golf. They achieve this by organizing various golf tournaments, such as the Colorado Open Golf Championship, the Colorado Women's Open, and the Colorado Senior Open. These events not only promote the game of golf but also foster the spirit of sportsmanship associated with it.
Official website here: www.firstteegreenvalleyranch.org
Who is the CEO of Colorado Open Golf Foundation Inc?
Kevin Laura is the Chair of Colorado Open Golf Foundation Inc. The CEO's salary of Colorado Open Golf Foundation Inc is $0 and their total compensation is $82,787.
Official website here: www.firstteegreenvalleyranch.org
What is the revenue of Colorado Open Golf Foundation Inc?
Colorado Open Golf Foundation Inc's revenue in 2022 was $1,780,784.
Official website here: www.firstteegreenvalleyranch.org
Who are the executives of Colorado Open Golf Foundation Inc and what are their salaries?
There 185 volunteers at Colorado Open Golf Foundation Inc.
Here are 32 key members and their salaries (Colorado Open Golf Foundation Inc's CEO's salary is $0 and their total compensation is $82,787):
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Official website here: www.firstteegreenvalleyranch.org
Where can I find the form 990 for Colorado Open Golf Foundation Inc?
Colorado Open Golf Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.firstteegreenvalleyranch.org
Learn more at the official website: www.firstteegreenvalleyranch.org
Mission Statement of Colorado Open Golf Foundation Inc
The Colorado Open Golf Foundation Inc is dedicated to fostering awareness, sportsmanship, and recreation among youth through the game of golf. This mission is accomplished by hosting various golf tournaments, such as the Colorado Open Golf Championship, the Colorado Women's Open, and the Colorado Senior Open. These events not only promote the game of golf but also emphasize the camaraderie and sportsmanship that comes with it. By conducting these tournaments, the Colorado Open Golf Foundation Inc aims to engage young individuals in golf, encouraging a healthy and active lifestyle.
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Impact
October, 2024
The Colorado Open Golf Foundation Inc. significantly impacts youth sports by fostering awareness, sportsmanship, and recreational opportunities centered around the game of golf. Through the organization and promotion of prestigious events such as the Colorado Open Golf Championship, the Colorado Women's Open, and the Colorado Senior Open, it enhances the visibility of golf in the community.
These tournaments not only showcase golfing talent but also instill values of integrity and competition among youth participants. By prioritizing youth-oriented sports initiatives, the foundation creates pathways for young athletes to engage with the sport, develop important life skills, and promote a healthy lifestyle. Overall, the foundation’s efforts contribute to a vibrant sports culture in Denver and beyond, encouraging young people to embrace the game of golf.
This information is meant to be a general summary of Colorado Open Golf Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $61,443
- Program Service Revenue: $377,012
- Gross Receipts: $4,408,834
Assets and Liabilities:
- Total Assets: $4,196,058
- Total Liabilities: $2,349,532
- Net Assets: $1,846,526
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TOURNAMENTS
Revenue
$318,252
FIRST TEE
Revenue
$58,760
Organization Details
Founding Year
2003
Phone
(303) 486-8500Principal Officer
Kevin Laura
Main Address
4908 TOWER ROAD, DENVER, CO, 80249
NTEE Category
Code: T12 - Philanthropy
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