Overview
What is Flatonia Golf Association Inc?
Flatonia Golf Association Inc is a nonprofit organization that primarily serves its local community, offering recreational services to enhance leisure and community engagement. The association maintains a facility that is adaptable to accommodate the influx of support from the surrounding communities. Their mission is centered around providing a space for communal activities, ensuring the facility remains responsive to the incoming support they receive.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 0 stars
The Flatonia Golf Association Inc has received a very low score of 13%, resulting in a Zero-Star out of Four Star rating. This rating indicates significant issues with accountability and financial practices within the organization, particularly concerning governance and transparency. The absence of independent board members raises concerns about the effectiveness of oversight and decision-making processes.
Several key policies that are essential for nonprofit governance, including a conflict of interest policy, whistleblower policy, and document retention policy, are missing. Moreover, the charity has not provided a website as required, which further highlights issues with transparency. While there is documentation of board meeting minutes, the overall lack of structural and policy framework weakens the organization's credibility.
Financially, the organization shows a concerning program expense ratio of only 3%, suggesting that a minimal portion of resources is directed towards its mission-driven activities. Additionally, the liabilities to assets ratio indicates potential financial instability. Overall, these factors contribute to a troubling picture for the Flatonia Golf Association Inc, highlighting significant areas for improvement in governance and financial management.
This AI summary has been generated from information found on Charity Navigator.
Is Flatonia Golf Association Inc legitimate?
Flatonia Golf Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Flatonia Golf Association 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: $92,151
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Flatonia Golf Association Inc?
The Flatonia Golf Association Inc has established its organization with the primary objective of offering recreational services to its local community and the surrounding areas. The association maintains its facility to accommodate the growing support from the community. The mission of Flatonia Golf Association Inc is to provide a recreational space that can adapt to the incoming community support. This organization is dedicated to enhancing the recreational experiences for its community members and those from neighboring areas.
Who is the CEO of Flatonia Golf Association Inc?
Richard Schacherl is the President of Flatonia Golf Association Inc.
What is the revenue of Flatonia Golf Association Inc?
Flatonia Golf Association Inc's revenue in 2022 was $183,096.
Who are the executives of Flatonia Golf Association Inc and what are their salaries?
The average compensation at Flatonia Golf Association Inc during 2022 was $30,717. There are 3 employees at Flatonia Golf Association Inc.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Flatonia Golf Association Inc?
Flatonia Golf Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Flatonia Golf Association Inc
Flatonia Golf Association Inc, as an organization, is dedicated to providing recreational services to both its local community and the surrounding areas. Its mission involves maintaining a facility that can accommodate the growing support from the community. The association's primary goal is to adapt and evolve its services to meet the needs of its community, ensuring that it remains a valuable resource for recreational activities.
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Impact
October, 2024
Flatonia Golf Association Inc significantly enriches the community by providing vital recreational services to both Flatonia and the surrounding areas. By maintaining and adapting its facility to meet the needs of the community, the organization fosters an environment where residents can engage in healthy outdoor activities, promoting physical well-being and social interaction.
The association serves as a hub for recreation, drawing in local residents and visitors to enjoy golf and other related activities. This engagement not only enhances individual quality of life but also encourages community bonding and development. The emphasis on continuous improvement and adaptation reflects a commitment to serving the evolving preferences of the community, ensuring that recreational options remain accessible and enjoyable for everyone. Overall, Flatonia Golf Association Inc plays a crucial role in enhancing recreational opportunities, strengthening community ties, and contributing to the overall vitality of the region.
This information is meant to be a general summary of Flatonia Golf Association 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: $658
- Program Service Revenue: $50,380
- Gross Receipts: $221,211
Assets and Liabilities:
- Total Assets: $594,323
- Total Liabilities: $128,115
- Net Assets: $466,208
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CART AND SHED RENTALS
Revenue
$22,508
TOURNAMENT INCOME
Revenue
$20,820
MISCELLANEOUS INCOME
Revenue
$7,027
SALES TAX DIFFERENCE
Revenue
$25
Organization Details
Founding Year
1981
Phone
(361) 865-2301Principal Officer
Richard Schacherl
Main Address
PO Box 391, Flatonia, TX, 78941
NTEE Category
Code: N30Z - Recreation
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