Overview
What is New England Pga Foundation Inc?
New England PGA Foundation Inc is a charitable organization located at 321 Cross Street, Boylston, MA 01505. Their primary mission is to enhance individuals' lives by fostering physical fitness, nurturing character, and fostering community unity through the sport of golf. They operate with the goal of enriching lives through golf-related activities, serving this purpose through organized programs and educational initiatives.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 86%, Three-Star out of Four Star rating. The New England PGA Foundation Inc has demonstrated a solid level of accountability and financial management, as indicated by its score of 86% in these areas. This rating reflects the organization’s commitment to transparency and responsible use of funds, which is crucial for donor trust and overall effectiveness.
The foundation boasts a fully independent board, consisting of 14 members, contributing to its strong governance structure. It has received full marks for several key aspects, such as its financial oversight and program expense ratio, with an impressive 90.56% of expenses directed towards its programs. This is a positive indicator of the foundation's focus on achieving its mission rather than excessive administrative costs.
However, there are notable limitations that could be addressed. The absence of a whistleblower policy and a document retention and destruction policy suggests gaps in organizational practices that could enhance accountability. While the foundation performs well overall, improving these areas could further strengthen its governance and transparency.
This AI summary has been generated from information found on Charity Navigator.
Is New England Pga Foundation Inc legitimate?
New England Pga Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New England 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.
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What is the mission statement of New England Pga Foundation Inc?
The New England PGA Foundation Inc is organized with charitable and educational purposes, aiming to enrich individuals' lives through the game of golf. Their mission involves creating and funding programs that promote physical fitness, cultivate character, and foster community unity through golf. By doing so, they aim to improve individuals' lives, providing opportunities for personal growth and social interaction.
Who is the CEO of New England Pga Foundation Inc?
Michael Higgins is the Director of New England Pga Foundation Inc.
What is the revenue of New England Pga Foundation Inc?
New England Pga Foundation Inc's revenue in 2022 was $1,159,130.
Who are the executives of New England Pga Foundation Inc and what are their salaries?
There 20 volunteers at New England Pga Foundation Inc.
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- Related: $232,418
- Other: $11,462
Where can I find the form 990 for New England Pga Foundation Inc?
New England Pga Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of New England Pga Foundation Inc
The New England PGA Foundation Inc is an organization with a charitable and educational purpose, aiming to enrich individuals' lives through the game of golf. Their mission is centered around creating and funding programs that promote physical fitness, cultivate character, and foster community unity through the sport of golf. By engaging in these activities, the New England PGA Foundation Inc aims to positively impact the lives of numerous individuals, contributing to their overall well-being and personal growth.
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Impact
July, 2024
New England PGA Foundation Inc creates and funds programs that enhance individuals' lives through the sport of golf. These initiatives promote physical fitness, develop character, and foster a sense of community unity. Through their charitable and educational activities, the Foundation positively impacts the well-being of individuals, encouraging healthy lifestyles and building stronger connections within communities. The Foundation's focus on using golf as a tool for personal development underscores its commitment to making a meaningful difference in the lives of those it serves.
This information is meant to be a general summary of New England 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: $23,354
- Program Service Revenue: $615,931
- Gross Receipts: $1,175,924
Assets and Liabilities:
- Total Assets: $1,229,191
- Total Liabilities: $53,819
- Net Assets: $1,175,372
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TOURNAMENT REVENUE
Revenue
$447,071
MANAGEMENT FEE REVENUE
Revenue
$71,566
REIMBURSED EXPENSES
Revenue
$53,193
SPONSORSHIP REVENUE
Revenue
$33,500
EDUCATION AND MEETING
Revenue
$10,601
Organization Details
Founding Year
2016
Phone
(508) 869-0000Principal Officer
Michael Higgins
Main Address
321 CROSS STREET, BOYLSTON, MA, 01505
NTEE Category
Code: T30 - Philanthropy
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