Overview
What is Colorado National Golf Foundation?
The Colorado National Golf Foundation, situated in Boulder, Colorado, is a nonprofit organization that plays a significant role in supporting youth and amateur sports. They achieve this mission through various initiatives, including organizing events and providing facilities. One of their notable activities is hosting a golf tournament, inviting around 95 young and college-aged golfers. Additionally, they offer a practice facility for use by college golf teams. The foundation's commitment to youth sports extends beyond events, as they also engage in programming, making donations, and offering facilities to further enhance the experience for young athletes.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 60%, Two-Star out of Four Star rating.
The Colorado National Golf Foundation has received a Two-Star rating based on an overall score of 60%, which is derived entirely from its Accountability & Finance metrics. While the organization demonstrates a strong program expense ratio of 99.97%, indicating that almost all of its resources are directed towards its mission, there are significant concerns regarding governance and transparency.
A major limitation noted in the evaluation is the lack of independent board members, with 0% of the board being independent. Additionally, the foundation's website fails to provide essential documents, such as its Tax Form and policies related to whistleblowing and document retention, which negatively impacts its accountability score. Although there is no material diversion of assets, the absence of these critical governance features raises questions about the foundation’s operational standards.
Despite these challenges, the foundation's high program expense ratio suggests a commitment to utilizing funds effectively for its charitable purpose. However, potential donors and stakeholders should consider these governance shortcomings when assessing the foundation's overall effectiveness and reliability.
This AI summary has been generated from information found on Charity Navigator.
Is Colorado National Golf Foundation legitimate?
Colorado National Golf Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Colorado National Golf Foundation 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 Colorado National Golf Foundation?
The Colorado National Golf Foundation's mission is centered around supporting youth and amateur sports. They accomplish this mission through various initiatives, including programming, making donations, and providing necessary facilities. The organization's efforts are geared towards benefiting these sports categories, aiming to foster their growth and development.
In practice, this mission translates into hosting golf tournaments, where around 95 youth and college-age golfers participate. Additionally, the foundation operates a practice facility that caters to college golf teams, providing them with a space to enhance their skills and prepare for competitions. Overall, the Colorado National Golf Foundation is committed to promoting and advancing youth and amateur sports in a comprehensive manner.
Who is the CEO of Colorado National Golf Foundation?
Jim Grady is the Director of Colorado National Golf Foundation.
What is the revenue of Colorado National Golf Foundation?
Colorado National Golf Foundation's revenue in 2022 was $25,450.
Who are the executives of Colorado National Golf Foundation and what are their salaries?
There 4 volunteers at Colorado National Golf Foundation.
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Colorado National Golf Foundation?
Colorado National Golf Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Colorado National Golf Foundation
The Colorado National Golf Foundation is committed to supporting youth and amateur sports. They accomplish this mission through various strategies, including programming, donations, and providing necessary facilities. This nonprofit organization demonstrates its support by hosting events, such as golf tournaments, involving approximately 95 youth and college-aged golfers. Furthermore, it operates a practice facility that is available for use by college golf teams. By taking these initiatives, the Colorado National Golf Foundation contributes significantly to nurturing the talent and passion of young and budding athletes in the realm of sports, specifically golf.
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Impact
August, 2024
The Colorado National Golf Foundation has a direct impact on supporting youth and amateur sports, particularly through various measures such as programming, donations, and providing facilities. This organization hosted a golf tournament involving around 95 youth and college-age golfers and operated a practice facility for college golf teams in Boulder, Colorado. Their mission is to support youth and amateur sports through initiatives like programming, donations, and facility access, all aimed at promoting recreation and sports participation in the community.
This information is meant to be a general summary of Colorado National Golf Foundation. 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: $25,450
- Gross Receipts: $25,450
Assets and Liabilities:
- Total Assets: $877,075
- Total Liabilities: $0
- Net Assets: $877,075
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Tournament fees
Revenue
$25,450
Organization Details
Founding Year
2009
Phone
(303) 492-4653Principal Officer
Jim Grady
Main Address
UCB 369, Boulder, CO, 80309
NTEE Category
Code: N6A - Recreation
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