Overview
What is Pga Financial Assistance Fund Inc?
Pga Financial Assistance Fund Inc, located in Frisco, Texas, is a nonprofit organization dedicated to promoting higher educational goals. They achieve this by granting scholarships to academically exceptional individuals, as detailed in their schedule. Beyond scholarships, the organization offers temporary financial aid to individuals facing financial hardships, often due to accidents or sudden illnesses. This supplementary assistance aims to alleviate their financial burdens during challenging times. The organization's mission is multifaceted, encompassing both the encouragement of higher education and the provision of immediate financial support to those in need.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Stars)
The PGA Financial Assistance Fund Inc has achieved a commendable Four-Star rating from Charity Navigator, indicating a strong performance in both accountability and impact. The overall score reflects a balance between financial health and effective measurement of outcomes, with a notable emphasis on impact, which received a perfect score of 100. This rating signifies that the organization is successfully fulfilling its mission to support individuals in the golfing community through scholarships.
One of the strengths highlighted in the data is the organization's efficiency in funding scholarships, reportedly increasing income for recipients by more than $1.50 for every dollar spent. This significant return on investment illustrates the effectiveness of the programs offered and suggests that the funds are being utilized in a manner that maximizes benefit to the community.
However, while the accountability and finance score of 81 indicates a solid level of financial health, there may be room for improvement in transparency or financial management practices. Overall, the PGA Financial Assistance Fund Inc demonstrates a strong commitment to its mission, effectively leveraging its resources to create positive outcomes for its beneficiaries.
This AI summary has been generated from information found on Charity Navigator.
Is Pga Financial Assistance Fund Inc legitimate?
Pga Financial Assistance Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pga Financial Assistance Fund 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
What is the mission statement of Pga Financial Assistance Fund Inc?
Pga Financial Assistance Fund Inc's primary mission is to motivate and foster higher educational achievements by granting scholarships to academically brilliant individuals. In addition to this, the organization provides temporary financial aid to individuals in dire financial straits, often due to unexpected accidents or illnesses. Through its scholarship programs, numerous individuals have been awarded funds to pursue their education at various colleges and universities, based on their outstanding academic achievements.
Who is the CEO of Pga Financial Assistance Fund Inc?
Seth Waugh is the Ceo of Pga Financial Assistance Fund Inc. The CEO's salary of Pga Financial Assistance Fund Inc is $0 and their total compensation is $2,817,533.
What is the revenue of Pga Financial Assistance Fund Inc?
Pga Financial Assistance Fund Inc's revenue in 2022 was $922,761.
Who are the executives of Pga Financial Assistance Fund Inc and what are their salaries?
Here are 14 key members and their salaries (Pga Financial Assistance Fund 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: $1,052,635
- Other: $14,250
- Compensation: $0
- Related: $895,359
- Other: $59,992
- Compensation: $0
- Related: $674,126
- Other: $53,261
- Compensation: $0
- Related: $689,148
- Other: $35,131
- Compensation: $0
- Related: $633,776
- Other: $57,092
- Compensation: $0
- Related: $605,272
- Other: $62,892
- Compensation: $0
- Related: $432,416
- Other: $28,775
- Compensation: $0
- Related: $397,357
- Other: $57,863
- Compensation: $0
- Related: $289,764
- Other: $48,916
- 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
Where can I find the form 990 for Pga Financial Assistance Fund Inc?
Pga Financial Assistance Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Pga Financial Assistance Fund Inc
Pga Financial Assistance Fund Inc, as a nonprofit organization, is dedicated to encouraging and promoting the pursuit of higher educational goals. It achieves this by awarding scholarships to individuals who have demonstrated a high level of academic achievement. Beyond this, the organization also offers temporary financial aid to individuals in dire financial need, often as a result of an accident or sudden illness. This dual mission aims to support both academically gifted individuals seeking higher education and those facing unexpected financial hardships. Through its scholarship programs, numerous individuals have been granted the opportunity to attend various colleges and universities, thus furthering their academic aspirations.
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 Financial Assistance Fund Inc's impact lies in its dedication to promoting higher educational goals by awarding scholarships based on academic achievement. Additionally, the organization provides crucial financial aid to individuals facing dire circumstances due to accidents or sudden illnesses. Through its scholarship programs, Pga Financial Assistance Fund Inc has supported numerous individuals in pursuing their collegiate aspirations, thereby positively impacting the educational and financial well-being of those in need.
This information is meant to be a general summary of Pga Financial Assistance Fund 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: $772,285
- Gross Receipts: $922,761
Assets and Liabilities:
- Total Assets: $8,307,726
- Total Liabilities: $590,103
- Net Assets: $7,717,623
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1993
Phone
(561) 624-8400Principal Officer
Seth Waugh
Main Address
1916 PGA PARKWAY, FRISCO, TX, 75033
NTEE Category
Code: B82Z - Education
If you are a representative of Pga Financial Assistance Fund 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.