Dick Hollander Charity Golf Inc Dba Dick Hollander Open

Nonprofit profile at a glance

EIN
462485204
IRS 990-EZ coverage
2014–2015
Forms available
Form 990-EZ 2015, Form 990-N 2013
Location
Rockville, MD, USA
Phone
3015802397
Rating
83
Verdict
STRONG
Rating confidence
Moderate
Sector
Human Services

Official website

Reported finances

Revenue
$53,449
Expenses
$54,564
Assets
$1,528
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2015. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • JOSH AKMAN (PRESIDENT)
  • JAKE AKMAN (VICE PRESIDENT)

People named in this filing

  • JOSH AKMAN (PRESIDENT)
  • JAKE AKMAN (VICE PRESIDENT)
  • LISA AKMAN (TREASURER/SECRETARY)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2015. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Organize and manage an annual charity golf tournament where 100% of the net proceeds benefit the cure alzheimer's fund.

What it reported doing in 2015

The filer raised $73,184 of which $23,296 was expenses and $49,643 (of which $2,643 was paid from 2014 ending balance) was distributed to the cure alzheimer's fund (charitable organization with EIN 52-2396428). A balance of $1,528 was kept at the end of 2015 to be distributed to cure alzheimer's fund at a later time.

Operating model

Revenue model
Donor-supported. 68% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 92
  • Transparency & Controls: 82
  • Sustainability: 36
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 92.9%; rating input score 93
  • Program expense ratio: 91%; rating input score 91

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -2.1%; rating input score 40; 40th percentile among comparable filings
  • Total-asset coverage ratio: 0.03; rating input score 5; 5th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 75; 75th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 57; 57th percentile among comparable filings

Growth

  • Program expense growth: 14.3% per year; rating input score 100; 76th percentile among comparable filings
  • Revenue growth: -0.8% per year; rating input score 0; 51st percentile among comparable filings
  • Asset growth: -53.5% per year; rating input score 0; 4th percentile among comparable filings

Details

  • Where the money goes: 92.9% of revenue deployed · 91% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $50K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 2 filing years from 2014 to 2015
  • Contacts: How to reach this organization
  • 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 — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 40/100.
  • High — Sustainability: Total-asset coverage ratio scored 5/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 57/100.