Bluegrass Golf Foundation Inc
Nonprofit profile at a glance
- EIN
- 832589056
- IRS 990 coverage
- 2022–2025
- Forms available
- Form 990 2025, Form 990-EZ 2020, Form 990-N 2019
- Location
- Louisville, KY, USA
- Phone
- 5023384388
- Rating
- 77
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Human Services
Reported finances
- Revenue
- $350,226
- Expenses
- $334,372
- Assets
- $35,146
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
13 people listed
Executive titles in this filing
- Chris Redle (Executive Director)
Highest reported compensation
- Chris Redle (Executive Director): $76,174 total reported compensation
- Jason England (Past Chairman): $4,500 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The Bluegrass Golf Foundation, Inc. ("Foundation") promotes and advances the game of golf as an amateur sport through tournaments and special events. Education about options and expectations for intercollegiate competition is provided publicly. The Foundation supports programs dedicated to youth development promoting golf and its life enhancing values. Planned activities include an extensive schedule of events for junior golfers with education programs available periodically.
What it reported doing in 2025
Bluegrass Cup is a Foundation event that takes place at the end of the season supported by donations. The participants earn their spot in the Bluegrass Cup through their placement on the Player of the Year lists in primary age Divisions. A banquet recognizing the Players of the Year and Stewart Gregory Award winners takes place during this event. Proceeds from the event support the Playing for Mason Foundation with a check of $2051 presented to the charity partner.
Operating model
- Revenue model
- Other-operating. 83% of the money available for current operations came from other operating revenue.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 55% for direct work, and 45% for affiliated organizations.
The verdict
SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Some filing-based governance responses are negative or unanswered and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 66
- Transparency & Controls: 92
- Accountability: 82
- Sustainability: 35
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 72.6%; rating input score 73
- Program expense ratio: 76.1%; rating input score 76
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
- Governance controls: 5 of 9 controls in place; rating input score 56
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 4.5%; rating input score 46; 46th percentile among comparable filings
- Total-asset coverage ratio: 0.11; rating input score 7; 7th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 77; 77th percentile among comparable filings
- Officer compensation ratio: 24.1%; rating input score 15; 15th percentile among comparable filings
Growth
- Program expense growth: 13.2% per year; rating input score 100; 74th percentile among comparable filings
- Revenue growth: 11.9% per year; rating input score 100; 74th percentile among comparable filings
- Asset growth: 21.6% per year; rating input score 100; 84th percentile among comparable filings
Details
- Where the money goes: 72.6% of revenue deployed · 76.1% of spending went to programs
- Governance: 12 of 12 board members independent · 5 of 9 filing controls reported
- Programs: 3 filed program accomplishments · $254K in reported program spending
- Leadership: top reported pay $76K · 13 people listed
- Consistency: 39 of 39 current checks pass
- Schedules: 3 filed schedules · includes major donors
- Filing history: 4 filing years from 2022 to 2025
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Accountability: Governance controls: 3 of 8 not reported.
- High — Sustainability: Total-asset coverage ratio scored 7/100.
- Moderate — Sustainability: Operating margin scored 46/100.
- High — Sustainability: Officer compensation ratio scored 15/100.