Overview
What is Impact Through Golf Foundation?
The Impact Through Golf Foundation is a nonprofit organization situated in La Quinta, California. They are recognized for organizing a golf tournament that is endorsed by the Professional Golfers' Association (PGA) tour. This event serves as a platform to raise funds, which are then distributed to various charities, with a particular focus on organizations based in Coachella Valley, California. By partnering with the PGA tour, the foundation successfully generates net proceeds from the tournament to support their philanthropic initiatives.
What are the reviews and ratings of this charity?
Charity Navigator Rating: ★☆☆☆☆ (58%)
The Impact Through Golf Foundation has received a One-Star out of Four Star rating from Charity Navigator, indicating a poor evaluation of its accountability and finance practices. The organization has achieved a high score for the independence of its board members, ensuring that all of the board members are independent. However, the foundation faces significant shortcomings, particularly in its financial transparency, as evidenced by the lack of several key financial documents and policies.
While the organization excels in its program expense ratio, suggesting effective allocation of resources towards its mission, it has been criticized for substantial liabilities relative to its assets. The absence of essential policies such as a whistleblower policy and document retention indicates areas needing improvement in governance and operational transparency.
User reviews from GreatNonprofits could not be fetched, leaving an absence of public sentiment to provide a rounded perspective on the foundation's impact. Overall, while the foundation demonstrates some strengths in governance structure, its rating highlights critical areas for development in financial practices and transparency.
This AI summary has been generated from information found on Charity Navigator.
Is Impact Through Golf Foundation legitimate?
Impact Through Golf Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Impact Through Golf 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.
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 Impact Through Golf Foundation?
The Impact Through Golf Foundation, in collaboration with the PGA tour, aims to generate funds primarily through the operation of a PGA tour-sanctioned golf tournament. The primary objective of this event is to distribute the net proceeds to a variety of charitable organizations. Among the beneficiaries are organizations situated in the Coachella Valley area of California. The foundation's mission is focused on contributing to these charities and making a positive impact in their respective spheres of operation.
Who is the CEO of Impact Through Golf Foundation?
Frank Marzano is the Chairman of Impact Through Golf Foundation.
What is the revenue of Impact Through Golf Foundation?
Impact Through Golf Foundation's revenue in 2022 was $10,793,370.
Who are the executives of Impact Through Golf Foundation and what are their salaries?
There 500 volunteers at Impact Through Golf Foundation.
Here are 6 key members and their salaries:
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Where can I find the form 990 for Impact Through Golf Foundation?
Impact Through Golf Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Impact Through Golf Foundation
Impact Through Golf Foundation, in collaboration with the PGA tour, aims to generate funds through the operation of a PGA tour-sanctioned golf tournament. This nonprofit organization utilizes the earnings from this event to distribute aid to numerous charities, with a focus on those based in the Coachella County area of California. By organizing and hosting this golf tournament, Impact Through Golf Foundation contributes to various causes, providing financial assistance that helps improve the lives of many individuals and communities.
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Impact
July, 2024
Impact Through Golf Foundation's impact can be seen through its partnership with the PGA Tour to raise funds through its operation of a PGA Tour-sanctioned golf tournament. By operating this tournament, the foundation is able to provide assistance to various charities, including those in the Coachella Valley, CA area. The net proceeds of the tournament are distributed to these organizations, making a significant impact on the community and contributing to philanthropic efforts in the region.
This information is meant to be a general summary of Impact Through Golf 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.
- Program Service Revenue: $7,072,580
- Gross Receipts: $10,793,370
Assets and Liabilities:
- Total Assets: $2,650,059
- Total Liabilities: $2,568,435
- Net Assets: $81,624
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Tournament Related
Revenue
$7,072,580
Organization Details
Founding Year
2019
Phone
(480) 483-9500Principal Officer
Frank Marzano
Main Address
78060 Calle Estado Suite 12, La Quinta, CA, 92253
NTEE Category
Code: T30 - Philanthropy
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