Overview
What is The Texas Golf Association Foundation?
The Texas Golf Association Foundation is a nonprofit organization located in Addison, Texas. Its primary mission is to foster and boost the recognition of golf within the Texas community. This is achieved through initiatives catering to junior golfers and the broader society. The Foundation's flagship program, the Legends Junior Tour, offers opportunities for young, diverse individuals to engage in golf. During the 20XX season, approximately 1,840 junior golfers, both male and female, aged 12 to 18, participated in 18 tournaments spread across two and three-day competitions. This initiative aims to promote golf within Texas, engaging not just the young players but also the community at large.
Official website here: www.txga.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
The Texas Golf Association Foundation has received a commendable 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 Accountability & Finance measures, which stand strong at 96%. This rating reflects the foundation's commitment to transparent operations and effective management of resources.
One of the standout features of the Texas Golf Association Foundation is its robust governance structure. The organization boasts a board composed entirely of independent members, ensuring unbiased decision-making. Additionally, the foundation has implemented comprehensive policies including conflict of interest, whistleblower protections, and thorough document retention practices, all of which contribute to its exemplary accountability score.
Financially, the foundation demonstrates efficiency with an impressive program expense ratio of over 94%, indicating that a significant majority of its funds are allocated directly to its programs. The low liabilities to assets ratio of 9.57% further underscores its sound financial management. This combination of strong governance and financial stewardship positions the Texas Golf Association Foundation as a highly reliable nonprofit in the golfing community.
This AI summary has been generated from information found on Charity Navigator.
Is The Texas Golf Association Foundation legitimate?
The Texas Golf Association Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Texas Golf Association Foundation 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.
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Official website here: www.txga.org
What is the mission statement of The Texas Golf Association Foundation?
The Texas Golf Association Foundation's mission is centered around promoting and expanding the awareness of golf within the community, specifically in Texas. They achieve this through various programs aimed at junior golfers and the community at large. One of their initiatives is the Legends Junior Tour, which offers opportunities for young individuals from diverse backgrounds to participate in golf competitions. During the year 20XX, the tour had approximately 1,840 junior players, including male and female golfers ranging from ages 12 to 18. These players competed in 18 two- and three-day competitions held throughout the year.
Official website here: www.txga.org
Who is the CEO of The Texas Golf Association Foundation?
Stacy Dennis is the President of The Texas Golf Association Foundation.
Official website here: www.txga.org
What is the revenue of The Texas Golf Association Foundation?
The Texas Golf Association Foundation's revenue in 2022 was $856,934.
Official website here: www.txga.org
Who are the executives of The Texas Golf Association Foundation and what are their salaries?
There 42 volunteers at The Texas Golf Association Foundation.
Here are 13 key members and their salaries:
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Official website here: www.txga.org
Where can I find the form 990 for The Texas Golf Association Foundation?
The Texas Golf Association Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.txga.org
Learn more at the official website: www.txga.org
Mission Statement of The Texas Golf Association Foundation
The Texas Golf Association Foundation, a nonprofit organization, is committed to raising community awareness of golf in Texas. They achieve this mission by implementing programs focused on junior golfers and the broader community. The foundation's primary goal is to make golf accessible to a diverse range of young individuals, regardless of their economic or cultural backgrounds.
To accomplish this, The Texas Golf Association Foundation organizes the Legends Junior Tour. This tour offers an opportunity for approximately 1,840 junior golfers, both male and female, aged between 12 and 18, to participate in 18 competitions throughout the year. These two or three-day events serve as platforms for these young athletes to hone their skills and cultivate a passion for the sport, while also fostering a sense of camaraderie and healthy competition among their peers.
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Impact
July, 2024
The Texas Golf Association Foundation's impact is evident through its dedication to promoting and expanding community awareness of the game of golf in Texas. Through programs serving junior golfers and the community at large, the foundation works tirelessly to provide opportunities for young people from diverse backgrounds to engage in the sport. The Legends Junior Tour, a key initiative of the foundation, hosts numerous competitions throughout the year, engaging approximately 1,840 junior players aged 12 to 18. By nurturing young talent and fostering a love for golf, the foundation plays a crucial role in the development of future generations of golfers in Texas.
This information is meant to be a general summary of The Texas Golf Association Foundation. 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: $1,245
- Program Service Revenue: $653,467
- Gross Receipts: $856,934
Assets and Liabilities:
- Total Assets: $738,106
- Total Liabilities: $70,685
- Net Assets: $667,421
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TOURNAMENTS
Revenue
$653,467
Organization Details
Founding Year
1999
Phone
(214) 468-8942Principal Officer
Stacy Dennis
Main Address
16200 ADDISON RD 150, ADDISON, TX, 75001
Website
www.txga.orgNTEE Category
Code: N6A - Recreation
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