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Charity Golf Tournament Club

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 262018242 ✦ Port lavaca, TX ✦ Designated as a 501(c)(3)

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Overview

What is Charity Golf Tournament Club?

The Charity Golf Tournament Club is a nonprofit organization based in Port Lavaca, Texas, specifically at 113 Timberline, with a primary mission to fundraise for the annual United Way budgets in Victoria and Calhoun counties. They accomplish this by hosting an annual golf tournament at a local golf course, where various fundraisers such as closest to the hole contests and ball drops are held. Donated prizes are given away after play, following a raffle in the clubhouse. The net proceeds from these activities are then disbursed to support local charities within these adjacent counties.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 1 Star

The Charity Golf Tournament Club has received a low rating of 50%, which translates to a one-star designation. This score is derived solely from its Accountability & Finance metrics, where the organization has demonstrated significant shortcomings. A lack of independent board members and missing key financial disclosures has negatively impacted its overall score, indicating a need for improved transparency and governance.

Despite the challenges noted, the organization does show a strong commitment to its program expenses, with an impressive program expense ratio of 99.94%. This suggests that nearly all funds are directed towards its charitable activities, which is a positive aspect of its financial management. However, the absence of essential policies and documentation highlights a gap in accountability practices that could affect donor trust and organizational integrity.

Furthermore, the absence of financial statements and key governance documents such as a conflict of interest policy and whistleblower policy raises concerns about the organization's operational transparency. To enhance its standing and credibility, the Charity Golf Tournament Club will need to prioritize improving its governance structures and financial reporting practices.


This AI summary has been generated from information found on Charity Navigator.

Is Charity Golf Tournament Club legitimate?

Charity Golf Tournament Club is a legitimate nonprofit organization registered as a 501(c)(3) entity. Charity Golf Tournament Club 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 Charity Golf Tournament Club?

The Charity Golf Tournament Club's mission is centered around fundraising efforts. Specifically, they aim to contribute to the annual United Way budgets in two adjacent counties, Victoria and Calhoun. This organization's primary goal is to support local charities within these areas. They accomplish this mission by organizing a charity golf tournament annually at a local golf course. Fundraisers, such as closest to the hole and ball drop competitions, are held on the course, as well as in the clubhouse after play. Donated prizes are given away in a raffle, and the net proceeds from these activities are then disbursed to the United Way.

Who is the CEO of Charity Golf Tournament Club?

Mike Elgin is the Chairman of Charity Golf Tournament Club.

What is the revenue of Charity Golf Tournament Club?

Charity Golf Tournament Club's revenue in 2022 was $682,940.

Who are the executives of Charity Golf Tournament Club and what are their salaries?

There 3 volunteers at Charity Golf Tournament Club.


There is 1 key member and their salary:


Mike Elgin (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Charity Golf Tournament Club?

Charity Golf Tournament Club's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Charity Golf Tournament Club

The Charity Golf Tournament Club is an organization with a mission to raise funds for the annual United Way budgets in Victoria and Calhoun Counties. This nonprofit is committed to supporting local charities in these two adjacent counties by organizing a yearly golf tournament. During this event, various fundraisers such as closest to the hole competitions and ball drops are held both on the golf course and in the clubhouse. After the tournament, donated prizes are raffled off, with the net proceeds then being distributed to the United Way. The Charity Golf Tournament Club's mission is essential in providing financial support to numerous local charities, thereby positively impacting the communities in Victoria and Calhoun Counties.

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Impact




July, 2024

Charity Golf Tournament Club's impact can be seen in its dedication to fundraising for the annual United Way budgets in Victoria and Calhoun Counties. By organizing a golf tournament once a year at a local course, the club engages the community in philanthropic activities such as closest to the hole contests and ball drops, culminating in prize giveaways and proceeds directed towards supporting local charities. Through its efforts, the club plays a crucial role in ensuring that the United Way can continue its vital support for organizations in these two adjacent counties.




This information is meant to be a general summary of Charity Golf Tournament Club. 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.

Revenue
$682,940 (2022)
Expenses
$670,329 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $682,940

Assets and Liabilities:

  • Total Assets: $32,414
  • Total Liabilities: $0
  • Net Assets: $32,414

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Organization Details

Founding Year

2019

Principal Officer

Mike Elgin

Main Address

113 TIMBERLINE, PORT LAVACA, TX, 77979

NTEE Category

Code: T50 - Philanthropy

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