Overview
What is Pga Foundation Inc?
Pga Foundation Inc, with a primary base in Frisco, Texas, is a dedicated nonprofit organization that aims to cultivate interest, engagement, and enjoyment in golf for diverse communities worldwide. Their mission is accomplished through various initiatives such as golf instruction programs, community golf projects, research, education, junior golf tournaments, and introducing the sport to individuals with disabilities, including veterans. The foundation also provides charitable employment opportunities to individuals from diverse backgrounds, promoting the game of golf as a whole. Their primary goal is to make golf accessible and enjoyable for everyone, everywhere.
What are the reviews and ratings of this charity?
PGA Foundation Inc. has a Charity Navigator rating of "Needs Improvement," with a two-star rating based on a score of 70%. This score reflects its Accountability & Finance metrics, as there are no assessments available for Leadership & Adaptability, Culture & Community, or Impact & Measurement. The foundation benefits from an entirely independent board and strong financial oversight policies but is hindered by a high liabilities-to-assets ratio and a working capital deficit.
The organization excels in program and fundraising efficiency, achieving full scores in both areas. Notably, it maintains transparency in various critical operations such as financial audits and conflict of interest policies. However, areas for improvement include distributing tax forms to the board before filing and posting these forms online, which are currently lacking and affect their accountability score.
Another point to note is the relatively high compensation for key individuals within the organization, which might raise questions regarding operational costs versus program impact. Overall, despite some financial and transparency strengths, the foundation's financial management aspects appear to be a potential concern, leading to its current "Needs Improvement" status. No user reviews are available on GreatNonprofits to provide additional insights about its community engagement or impact.
This AI summary has been generated from information found on Charity Navigator.
Is Pga Foundation Inc legitimate?
Pga Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pga Foundation 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: $319,058
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Pga Foundation Inc?
The PGA Foundation's primary mission is to foster interest, engagement, and enjoyment in the game of golf for everyone, worldwide. This is achieved through various means, including golf instruction programs, community golf initiatives, research and education, junior golf tournaments, introducing golf to veterans with disabilities, and providing golf-related charitable employment opportunities to individuals from diverse backgrounds. Furthermore, the foundation promotes the game of golf itself.
Who is the CEO of Pga Foundation Inc?
Seth Waugh is the Ceo of Pga Foundation Inc. The CEO's salary of Pga Foundation Inc is $0 and their total compensation is $2,817,533.
What is the revenue of Pga Foundation Inc?
Pga Foundation Inc's revenue in 2022 was $11,672,366.
Who are the executives of Pga Foundation Inc and what are their salaries?
There 55 volunteers at Pga Foundation Inc.
Here are 35 key members and their salaries (Pga Foundation Inc's CEO's salary is $0 and their total compensation is $2,817,533):
- Compensation: $0
- Related: $2,769,141
- Other: $48,392
- Compensation: $0
- Related: $1,042,846
- Other: $55,541
- Compensation: $0
- Related: $1,052,635
- Other: $14,250
- Compensation: $0
- Related: $689,148
- Other: $35,131
- Compensation: $0
- Related: $647,126
- Other: $53,261
- Compensation: $0
- Related: $633,776
- Other: $57,092
- Compensation: $0
- Related: $605,272
- Other: $62,892
- Compensation: $0
- Related: $467,600
- Other: $43,781
- Compensation: $0
- Related: $432,416
- Other: $28,775
- Compensation: $0
- Related: $397,357
- Other: $57,863
- Compensation: $0
- Related: $431,223
- Other: $17,966
- Compensation: $0
- Related: $354,999
- Other: $59,674
- Compensation: $0
- Related: $298,731
- Other: $39,303
- Compensation: $0
- Related: $71,602
- Other: $0
- Compensation: $0
- Related: $56,011
- Other: $0
- Compensation: $0
- Related: $45,050
- Other: $0
- Compensation: $0
- Related: $15,559
- Other: $0
- Compensation: $0
- Related: $12,269
- Other: $0
- Compensation: $0
- Related: $12,054
- Other: $0
- Compensation: $0
- Related: $11,678
- Other: $0
- Compensation: $0
- Related: $9,798
- Other: $0
- Compensation: $0
- Related: $8,838
- Other: $0
- Compensation: $0
- Related: $8,184
- Other: $0
- Compensation: $0
- Related: $8,138
- Other: $0
- Compensation: $0
- Related: $6,953
- Other: $0
- Compensation: $0
- Related: $6,861
- Other: $0
- Compensation: $0
- Related: $6,691
- Other: $0
- Compensation: $0
- Related: $6,283
- Other: $0
- Compensation: $0
- Related: $5,810
- Other: $0
- Compensation: $0
- Related: $5,810
- Other: $0
- Compensation: $0
- Related: $5,810
- Other: $0
- Compensation: $0
- Related: $5,035
- Other: $0
- Compensation: $0
- Related: $5,016
- Other: $0
- Compensation: $0
- Related: $4,130
- Other: $0
- Compensation: $0
- Related: $3,710
- Other: $0
Where can I find the form 990 for Pga Foundation Inc?
Pga Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Pga Foundation Inc
The PGA Foundation's primary mission is to foster interest, participation, and enjoyment in the game of golf for everyone, everywhere. To achieve this goal, the organization engages in various activities, including but not limited to, golf instruction programs, community golf initiatives, research, and education, junior golf tournaments, introducing golf to veterans with disabilities, and providing charitable employment opportunities in the golf sector to individuals from diverse backgrounds. The PGA Foundation also promotes the game of golf as a whole, aiming to make it accessible and enjoyable for a wide range of people.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Pga Foundation Inc's impact lies in promoting interest, participation, and enjoyment in the game of golf for everyone, everywhere. They achieve this through various initiatives such as golf instruction programs, community golf programs, research and education, junior golf tournaments, introducing golf to veterans with disabilities, providing golf-related charitable employment opportunities to individuals from diverse backgrounds, and the overall promotion of the game of golf. The organization's Golf Development Program specifically focuses on including individuals historically excluded from the game, such as veterans and others with disabilities, minorities, inner-city youth, and junior golfers, thereby benefiting these groups and expanding access to the sport.
This information is meant to be a general summary of Pga Foundation 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $650
- Program Service Revenue: $4,910,756
- Gross Receipts: $12,010,719
Assets and Liabilities:
- Total Assets: $10,335,378
- Total Liabilities: $10,987,819
- Net Assets: -$652,441
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
JR LEAGUE GOLF FEES
Revenue
$4,611,675
JR LEAGUE UNIFORM SALES & OTH
Revenue
$237,381
JR LEAGUE LICENSING REVENUE
Revenue
$32,500
PROGRAM SPONSORSHIP
Revenue
$29,200
Organization Details
Founding Year
1978
Phone
(561) 624-8400Principal Officer
Seth Waugh
Main Address
1916 PGA PKWY, FRISCO, TX, 75033
NTEE Category
Code: N60 - Recreation
If you are a representative of Pga Foundation Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.