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Gary Koch Invitational Pro-Am Inc

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

EIN: 463599828 ✦ Tampa, FL ✦ Designated as a 501(c)(3)

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Overview

What is Gary Koch Invitational Pro-Am Inc?

Gary Koch Invitational Pro-Am Inc is a nonprofit organization situated in Tampa, Florida, specifically at 1511 N Westshore Blvd Suite 750. Their primary mission is to contribute to the betterment of their local community. They achieve this by organizing an annual private invitational golf tournament. The proceeds generated from this event are then distributed as grants to various charitable organizations within their community. The Gary Koch Invitational Pro-Am event is a significant initiative that serves as a means to support local causes and make a positive impact in the community.


Official website here: www.garykochproam.org/

What are the reviews and ratings of this charity?

Charity Navigator Rating: 97% (Four-Star out of Four Star Rating)

Gary Koch Invitational Pro-Am Inc has achieved an impressive Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. The charity's overall score is derived entirely from its financial practices, showcasing a robust commitment to transparency and effective management. The organization received a perfect score for having a majority of independent board members, as well as for its policies on conflicts of interest and whistleblower protections.

The charity demonstrates exceptional efficiency with a program expense ratio of 99.53%, meaning that nearly all of its expenditures go directly to its programs. Additionally, the organization has no liabilities compared to its assets, further reflecting its strong financial standing. The inclusion of key governance documents on its website, along with detailed board meeting minutes, underscores its dedication to accountability.

While the rating highlights several strengths, it does not address other potential areas of impact or community feedback, which could offer a more comprehensive picture of the organization's effectiveness. However, based on financial metrics alone, Gary Koch Invitational Pro-Am Inc stands out as a well-managed and responsible nonprofit.


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

Is Gary Koch Invitational Pro-Am Inc legitimate?

Gary Koch Invitational Pro-Am Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gary Koch Invitational Pro-Am 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.garykochproam.org/

What is the mission statement of Gary Koch Invitational Pro-Am Inc?

The Gary Koch Invitational Pro-Am Inc. annually hosts a private golf tournament with the primary purpose of raising funds for local charitable organizations. This event serves as a platform for the organization to contribute financially to the community, distributing the proceeds to various deserving charities. The mission of the Gary Koch Invitational Pro-Am Inc. is thus centered around supporting local charities and making a positive impact in the community through its annual golf tournament event.


Official website here: www.garykochproam.org/

Who is the CEO of Gary Koch Invitational Pro-Am Inc?

Ava Forney is the Chairman of Gary Koch Invitational Pro-Am Inc.


Official website here: www.garykochproam.org/

What is the revenue of Gary Koch Invitational Pro-Am Inc?

Gary Koch Invitational Pro-Am Inc's revenue in 2022 was $458,525.


Official website here: www.garykochproam.org/

Who are the executives of Gary Koch Invitational Pro-Am Inc and what are their salaries?


Here are 3 key members and their salaries:


Chris T Sullivan (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alex Sullivan (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ava Forney (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.garykochproam.org/

Where can I find the form 990 for Gary Koch Invitational Pro-Am Inc?

Gary Koch Invitational Pro-Am Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.garykochproam.org/

Learn more at the official website: www.garykochproam.org/

Mission Statement of Gary Koch Invitational Pro-Am Inc

Gary Koch Invitational Pro-Am Inc is an organization that annually hosts a private invitational golf tournament. This event serves as a platform to raise funds for local charities. The mission of Gary Koch Invitational Pro-Am Inc is to use the proceeds from this golf tournament to provide grants to various charitable organizations within the community. By hosting this annual event, the organization aims to contribute positively to the local community by supporting a wide range of charitable causes.

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Impact




July, 2024

The Gary Koch Invitational Pro-Am Inc's impact is primarily centered around hosting an annual private invitational golf tournament to benefit local charities in Tampa, Florida. Through the proceeds generated from this event, the organization provides grants to support various charitable causes within the community. The tournament not only serves as a recreational activity but also serves a philanthropic purpose by contributing to the betterment of local charities.




This information is meant to be a general summary of Gary Koch Invitational Pro-Am 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.

Revenue
$458,525 (2022)
Expenses
$403,538 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $842,934

Assets and Liabilities:

  • Total Assets: $239,159
  • Total Liabilities: $0
  • Net Assets: $239,159

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Organization Details

Founding Year

2013

Principal Officer

Ava Forney

Main Address

1511 N Westshore Blvd Suite 750, Tampa, FL, 33607

NTEE Category

Code: N99 - Recreation

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