Overview
What is Arnie's Army Charitable Foundation Inc?
Arnie's Army Charitable Foundation Inc is a nonprofit organization based in Orlando, Florida, with the address 9000 BAY HILL BLVD. The foundation operates the Arnold Palmer Invitational, a prestigious golf tournament on the PGA Tour, with the primary goal of generating funds for Arnold & Winnie Palmer Foundation. The Palmer Foundation invests in organizations and programs that promote the well-being and development of children and youth, health and wellness initiatives, community strengthening, and environmental sustainability, while preserving the legacy of Arnold Palmer in golf and American history. Through disbursing charitable funds from the golf tournament, Arnie's Army Charitable Foundation supports the noble causes of the Arnold & Winnie Palmer Foundation.
Official website here: www.arnoldpalmerinvitational.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Arnie's Army Charitable Foundation Inc has received a two-star rating from Charity Navigator, indicating that the organization shows some strengths but has significant areas needing improvement. With a score of 73%, the foundation demonstrates a high program expense ratio of 88.39%, suggesting a strong commitment to its charitable programs. Additionally, the organization has a solid audit and oversight structure, as evidenced by a perfect score in that category.
However, the nonprofit faces challenges related to governance and transparency. Notably, it has no independent board members, which raises concerns about accountability. Furthermore, it lacks essential policies such as a whistleblower policy and a document retention and destruction policy, which could affect its operational integrity. The absence of these governance frameworks contributes to its overall needs improvement rating.
Overall, while Arnie's Army Charitable Foundation Inc is effectively allocating a significant portion of its funds to programs, it must address governance shortcomings to enhance transparency and accountability. Addressing these issues could potentially improve its rating and strengthen donor confidence in the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Arnie's Army Charitable Foundation Inc legitimate?
Arnie's Army Charitable Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Arnie's Army Charitable 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: $38,444
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,185,613
For more financial information, click here
Official website here: www.arnoldpalmerinvitational.com
What is the mission statement of Arnie's Army Charitable Foundation Inc?
Arnie's Army Charitable Foundation Inc is dedicated to helping the Arnold & Winnie Palmer Foundation achieve its charitable goals. The foundation disburses funds generated from the Arnold Palmer Invitational to support various institutions and organizations. These organizations work towards improving the well-being and development of children and youth, promoting health and wellness initiatives, strengthening communities, and enhancing the environment. Additionally, the foundation aims to preserve the legacy of Arnold Palmer in golf and American history while sharing it with the public.
Official website here: www.arnoldpalmerinvitational.com
Who is the CEO of Arnie's Army Charitable Foundation Inc?
Brian Battles is the President & Board Chair of Arnie's Army Charitable Foundation Inc.
Official website here: www.arnoldpalmerinvitational.com
What is the revenue of Arnie's Army Charitable Foundation Inc?
Arnie's Army Charitable Foundation Inc's revenue in 2022 was $29,919,069.
Official website here: www.arnoldpalmerinvitational.com
Who are the executives of Arnie's Army Charitable Foundation Inc and what are their salaries?
There 1400 volunteers at Arnie's Army Charitable Foundation Inc.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $38,444
- Related: $38,444
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.arnoldpalmerinvitational.com
Where can I find the form 990 for Arnie's Army Charitable Foundation Inc?
Arnie's Army Charitable Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.arnoldpalmerinvitational.com
Learn more at the official website: www.arnoldpalmerinvitational.com
Mission Statement of Arnie's Army Charitable Foundation Inc
Arnie's Army Charitable Foundation Inc is a philanthropic organization dedicated to supporting the charitable endeavors of Arnold & Winnie Palmer Foundation, Inc. In simple terms, Arnie's Army acts as a conduit for the disbursement of charitable funds generated from the Arnold Palmer Invitational. These funds are then allocated to institutions and organizations that align with the mission of Arnold & Winnie Palmer Foundation, which primarily focuses on the well-being and development of children and youth, health and wellness initiatives, community strengthening, and environmental conservation. By doing so, Arnie's Army Charitable Foundation plays a pivotal role in bringing Arnold Palmer's legacy to life, particularly in the realm of golf and American history, and sharing it with the public.
In essence, Arnie's Army functions as an extension of Arnold & Winnie Palmer Foundation, working to make a difference in various areas of need. Through its charitable grants, it provides financial support to a diverse range of causes, each aimed at promoting positive change. The foundation's commitment to children and youth is particularly noteworthy, as it recognizes the importance of fostering their growth and development. Moreover, its focus on health and wellness initiatives underscores its dedication to improving overall quality of life. By strengthening communities and the environment, Arnie's Army Charitable Foundation ensures that its impact is felt far and wide, making a lasting difference in the lives of countless individuals.
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Impact
October, 2024
Arnie's Army Charitable Foundation Inc significantly impacts the community and beyond by generating funds through the Arnold Palmer Invitational, a prestigious PGA Tour golf tournament. This event not only showcases top-tier golf talent but also serves as a critical fundraiser that supports the Arnold & Winnie Palmer Foundation. The foundation focuses on investing in organizations and programs dedicated to healthy children, youth development, and nature-focused wellness, while also ensuring the legacy of Arnold Palmer in both golf and American history is preserved and shared.
By disbursing the funds raised from the tournament, Arnie's Army enables financial support for institutions and organizations that promote the well-being of children and youth, foster health and wellness initiatives, and strengthen local communities. Their commitment creates a ripple effect, enhancing the lives of many and inspiring a healthier, more engaged society. Ultimately, the foundation not only honors the legacy of an iconic golfer but also exemplifies how sports can be a powerful vehicle for positive social change.
This information is meant to be a general summary of Arnie's Army Charitable 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: $2,677
- Program Service Revenue: $29,684,236
- Gross Receipts: $31,419,499
Assets and Liabilities:
- Total Assets: $25,271,714
- Total Liabilities: $1,386,162
- Net Assets: $23,885,552
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ARNOLD PALMER INVITATIONAL
Revenue
$29,684,236
Organization Details
Founding Year
2016
Phone
(407) 876-8057Principal Officer
Brian Battles
Main Address
9000 BAY HILL BLVD, ORLANDO, FL, 32819
NTEE Category
Code: P11 - Human services
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