Overview
What is Michelin Charity Golf Tournament Fka Michelin Pro-Am Charity Golf Tournament?
The Michelin Charity Golf Tournament, formerly known as the Michelin Pro-Am Charity Golf Tournament, is a philanthropic initiative based in Greenville, South Carolina. Its primary objective is to promote charitable giving by organizing golf tournaments. This event raises funds, which are subsequently distributed to various community organizations in need. By participating in this tournament, individuals contribute to causes that positively impact their local community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
The Michelin Charity Golf Tournament has received a Two-Star out of Four Star rating from Charity Navigator, indicating that there is a need for improvement in its operations and transparency. While the organization boasts a high percentage of independent board members and a strong program expense ratio, it falls short in several critical areas, particularly in financial transparency and governance policies.
Strengths include a solid program expense ratio of over 80%, reflecting a commitment to directing funds towards its mission. Additionally, the organization has a 0% liabilities to assets ratio, suggesting a sound financial position with no outstanding debts. However, the absence of financial statements and several key policy documents such as a conflict of interest policy and a whistleblower policy raises concerns about accountability.
Overall, while the Michelin Charity Golf Tournament demonstrates a strong commitment to its programs, it must address its governance shortcomings and improve its financial disclosure practices to enhance accountability and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Michelin Charity Golf Tournament Fka Michelin Pro-Am Charity Golf Tournament legitimate?
Michelin Charity Golf Tournament Fka Michelin Pro-Am Charity Golf Tournament is a legitimate nonprofit organization registered as a 501(c)(3) entity. Michelin Charity Golf Tournament Fka Michelin Pro-Am Charity Golf Tournament 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Michelin Charity Golf Tournament Fka Michelin Pro-Am Charity Golf Tournament?
The Michelin Charity Golf Tournament, formerly known as the Michelin Pro-Am Charity Golf Tournament, is dedicated to contributing to charitable causes. They achieve this mission by organizing golf tournaments, serving as a platform to collect and distribute funds to various community organizations in need. This event aims to raise funds and promote charitable giving, thereby making a positive impact on numerous causes.
Who is the CEO of Michelin Charity Golf Tournament Fka Michelin Pro-Am Charity Golf Tournament?
Mark Colby is the Board Member of Michelin Charity Golf Tournament Fka Michelin Pro-Am Charity Golf Tournament. The CEO's salary of Michelin Charity Golf Tournament Fka Michelin Pro-Am Charity Golf Tournament is $0 and their total compensation is $0.
What is the revenue of Michelin Charity Golf Tournament Fka Michelin Pro-Am Charity Golf Tournament?
Michelin Charity Golf Tournament Fka Michelin Pro-Am Charity Golf Tournament's revenue in 2022 was $919,329.
Who are the executives of Michelin Charity Golf Tournament Fka Michelin Pro-Am Charity Golf Tournament and what are their salaries?
Here are 8 key members and their salaries (Michelin Charity Golf Tournament Fka Michelin Pro-Am Charity Golf Tournament's CEO's salary is $0 and their total compensation is $0):
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Where can I find the form 990 for Michelin Charity Golf Tournament Fka Michelin Pro-Am Charity Golf Tournament?
Michelin Charity Golf Tournament Fka Michelin Pro-Am Charity Golf Tournament's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Michelin Charity Golf Tournament Fka Michelin Pro-Am Charity Golf Tournament
The Michelin Charity Golf Tournament, formerly known as the Michelin Pro-Am Charity Golf Tournament, is committed to facilitating donations to charitable causes. This is accomplished through the organization of a golf tournament. By engaging in this activity, the tournament aims to raise and distribute funds to various community-based charitable organizations, thereby making a significant impact in the lives of those in need.
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Impact
October, 2024
The Michelin Charity Golf Tournament, formerly known as the Michelin Pro-Am Charity Golf Tournament, significantly impacts the community by raising and distributing funds to various charitable organizations. By organizing a golf tournament, it creates an engaging and enjoyable platform for participants to contribute to meaningful causes. This event fosters camaraderie among donors, sponsors, and beneficiaries, ultimately enhancing community ties and promoting philanthropic efforts.
Through the tournament, participants can connect with local charities and understand their missions, driving awareness and support for essential services in the community. The funds generated are crucial for addressing various needs, allowing these organizations to effectively contribute to social betterment in Greenville, SC. Overall, the tournament not only promotes recreational activities but also reinforces a culture of giving and support within the community, empowering local charities to fulfill their missions and reach those in need.
This information is meant to be a general summary of Michelin Charity Golf Tournament Fka Michelin Pro-Am Charity Golf Tournament. 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.
- Program Service Revenue: $919,329
- Gross Receipts: $919,329
Assets and Liabilities:
- Total Assets: $679,357
- Total Liabilities: $0
- Net Assets: $679,357
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TOURNAMENT REGISTRATION & DONATIONS
Revenue
$919,329
Organization Details
Founding Year
2006
Phone
(864) 458-5000Principal Officer
Mark Colby
Main Address
PO Box 19001, Greenville, SC, 296029001
NTEE Category
Code: N6A - Recreation
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