Colorado Professional Golfers' Foundation Inc
Nonprofit profile at a glance
- EIN
- 841354185
- IRS 990 coverage
- 2019–2024
- Forms available
- Form 990 2024
- Location
- Larkspur, CO, USA
- Phone
- 3036810742
- Rating
- 82
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Scholarships, Student Financial Aid Services, Awards
Reported finances
- Revenue
- $1,760,478
- Expenses
- $1,691,297
- Assets
- $466,992
- Liabilities
- $130,143
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- JIM MILLER (VICE PRESIDENT)
- STEVEN BARTKOWSKI (EXECUTIVE DIRECTOR)
People named in this filing
- JIM MILLER (VICE PRESIDENT)
- KEITH SORIANO (SECRETARY)
- JOE KAMBY (TREASURER)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Programs are designed to promote inclusion and access through initiatives that serve youth, military personnel, and diverse populations. The organization provides educational scholarships, contributes to junior golf programs throughout Colorado, and makes cash grants and donations to other qualified 501(c)(3) organizations that align with its mission. Through these efforts, pga reach Colorado uses the game of golf as a vehicle to inspire, empower, and connect communities.
What it reported doing in 2024
Foundation promotes youth development, educational advancement, and community inclusion. It supports junior golf programs that teach leadership, character, and life skills; awards educational scholarships to deserving students; and provides grants and cash donations to other qualified 501(c)(3) organizations that share its mission. Additionally, the foundation delivers outreach programs for military personnel, veterans, and diverse populations.
Operating model
- Revenue model
- Earned-program. 65% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 66% for direct work, 9% for grants, and 26% for affiliated organizations.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 77
- Transparency & Controls: 86
- Accountability: 94
- Sustainability: 39
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 84.9%; rating input score 85
- Program expense ratio: 88.2%; rating input score 88
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 94.4%; rating input score 94; 26th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 83.2%; rating input score 83; 35th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 6 of 7 controls in place; rating input score 86
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Fail
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 3.9%; rating input score 47; 47th percentile among comparable filings
- Total-asset coverage ratio: 0.28; rating input score 13; 13th percentile among comparable filings
- Liabilities to assets ratio: 0.28; rating input score 26; 26th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings
Growth
- Program expense growth: 31.3% per year; rating input score 100; 91st percentile among comparable filings
- Revenue growth: 32.6% per year; rating input score 100; 93rd percentile among comparable filings
- Asset growth: 19.5% per year; rating input score 100; 81st percentile among comparable filings
Details
- Where the money goes: 84.9% of revenue deployed · 88.2% of spending went to programs
- Governance: 9 of 9 board members independent · 6 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $1.5M in reported program spending
- Leadership: top reported pay $0 · 9 people listed
- Consistency: 32 of 33 current checks pass · 1 finding to review
- Schedules: 7 filed schedules · includes major donors and grants
- Filing history: 6 filing years from 2019 to 2024
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- Related organizations: 3 filed related-organization links
- 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.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Total-asset coverage ratio scored 13/100.
- Moderate — Sustainability: Operating margin scored 47/100.
- Review — Accountability: Governance controls: Audit committee oversight not reported.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
- High — Sustainability: Liabilities to assets ratio scored 26/100.