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Youth Golf Foundation Of The Carolinas

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

EIN: 562245026 ✦ Charlotte, NC ✦ Designated as a 501(c)(3)

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Overview

What is Youth Golf Foundation Of The Carolinas?

The Youth Golf Foundation of the Carolinas is a nonprofit organization situated in Charlotte, North Carolina, specifically at 2661 Barringer Drive. Their primary mission is to positively influence the lives of young individuals from diverse backgrounds by offering learning facilities and educational programs centered around golf. In 2022, they registered 4134 participants in their programs, conducting activities at eight different locations throughout the year. Their commitment extends beyond just golf, as they aim to promote character development and instill life-enhancing values through this sport. The foundation currently employs 53 dedicated individuals to achieve its goals.


Official website here: www.thefirstteegreatercharlotte.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 71% (Two-Star out of Four Stars)

The Youth Golf Foundation Of The Carolinas has received a Two-Star rating from Charity Navigator, indicating a need for improvement in certain areas. While the organization has a strong accountability and finance score with full marks for independent board members and financial oversight, there are notable gaps, particularly in transparency and governance policies.

Despite having a high percentage of program expenses relative to total expenses, their overall program expense ratio stands at 56.70%, which is below the ideal threshold. The foundation's absence of a whistleblower policy and a document retention policy raises concerns about internal governance practices and transparency. These missing elements could affect stakeholder trust and overall operational integrity.

On a positive note, the organization shows strength in its financial health, with a low liabilities to assets ratio and a commitment to independent oversight. However, addressing the noted weaknesses in governance policies and improving the program expense ratio should be priorities for enhancing their overall effectiveness and trustworthiness in the community.


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

Is Youth Golf Foundation Of The Carolinas legitimate?

Youth Golf Foundation Of The Carolinas is a legitimate nonprofit organization registered as a 501(c)(3) entity. Youth Golf Foundation Of The Carolinas 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: $140,252
Professional Fundraising Fees: $0
Other Salaries and Wages: $993,741

For more financial information, click here


Official website here: www.thefirstteegreatercharlotte.org

What is the mission statement of Youth Golf Foundation Of The Carolinas?

The Youth Golf Foundation of the Carolinas aims to positively influence the lives of young individuals from diverse backgrounds. They achieve this goal by establishing learning facilities and implementing educational programs that foster character development and instill valuable life skills. These programs are centered around the game of golf, serving as a medium to teach essential life lessons. In 2022, the foundation reported 4134 registrations, offering programming at eight locations throughout the year.


Official website here: www.thefirstteegreatercharlotte.org

Who is the CEO of Youth Golf Foundation Of The Carolinas?

Daniel Fogarty is the Executive Dir. of Youth Golf Foundation Of The Carolinas.


Official website here: www.thefirstteegreatercharlotte.org

What is the revenue of Youth Golf Foundation Of The Carolinas?

Youth Golf Foundation Of The Carolinas's revenue in 2022 was $2,034,317.


Official website here: www.thefirstteegreatercharlotte.org

Who are the executives of Youth Golf Foundation Of The Carolinas and what are their salaries?

The average compensation at Youth Golf Foundation Of The Carolinas during 2022 was $21,396. There are 53 employees and 110 volunteers at Youth Golf Foundation Of The Carolinas.


Here are 19 key members and their salaries:


Daniel Fogarty (Executive Dir.)
  • Compensation: $126,000
  • Related: $0
  • Other: $14,252
Darryl Dewberry (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jonathan Ishee (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lee Mcentire (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick Melton (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Keith Butler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bruce Bellamy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Doyle (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paige James (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hunter Shull (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tj Wagner (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randolph Smith (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Seth Bennett (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Perper (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Tucker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephanie Harner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tiffani Jones (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Mcclure (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Reeves (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.thefirstteegreatercharlotte.org

Where can I find the form 990 for Youth Golf Foundation Of The Carolinas?

Youth Golf Foundation Of The Carolinas's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.thefirstteegreatercharlotte.org

Learn more at the official website: www.thefirstteegreatercharlotte.org

Mission Statement of Youth Golf Foundation Of The Carolinas

The Youth Golf Foundation of the Carolinas is committed to making a positive impact on the lives of young individuals from diverse backgrounds. Their mission is accomplished through the provision of learning facilities and educational programs that foster character development and instill life-enhancing values. By employing the game of golf as a medium, this nonprofit organization aims to shape the future of its participants, imparting valuable lessons beyond the golf course.

In their pursuit of this mission, the Youth Golf Foundation of the Carolinas offers programming at various locations throughout the year. This includes eight distinct venues, such as the Charles L. Sifford Golf Course, Pineville Driving Range, and Emerald Lake Golf Club. Their programs cater to a wide range of participants, providing them with opportunities to learn, grow, and develop essential life skills through the engaging medium of golf. By encouraging character development and instilling life-enhancing values, the Youth Golf Foundation of the Carolinas aims to empower its young participants to make a positive impact on their communities and beyond.

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Impact




July, 2024

The Youth Golf Foundation Of The Carolinas positively impacts the lives of young people across various backgrounds by offering learning facilities and educational programs that promote character development and valuable life skills through the game of golf. In 2022 alone, they had 4134 registrations in their programming, which was conducted at 8 different locations throughout the year. Their mission to instill essential values and provide opportunities for personal growth through golf underscores their commitment to empowering youths in Charlotte, NC, and beyond. Through their recreation-focused approach, they are actively shaping the next generation of individuals with a strong foundation of character and integrity.




This information is meant to be a general summary of Youth Golf Foundation Of The Carolinas. 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
$2,034,317 (2022)
Expenses
$1,762,785 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $101,408
  • Program Service Revenue: $690,915
  • Gross Receipts: $2,152,137

Assets and Liabilities:

  • Total Assets: $5,602,367
  • Total Liabilities: $349,597
  • Net Assets: $5,252,770

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Golf Facility Income

Revenue

$345,137

Program Class Fees

Revenue

$345,778

Organization Details

Founding Year

2000

Principal Officer

Daniel Fogarty

Main Address

2661 Barringer Drive, Charlotte, NC, 28208

NTEE Category

Code: N6A - Recreation

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