Florida State Golf Association Inc

Nonprofit profile at a glance

EIN
592171378
IRS 990 coverage
2010–2025
Forms available
Form 990 2025
Location
Temple Terrace, FL, USA
Phone
8136323742
Rating
86
Verdict
STRONG
Rating confidence
Moderate
Sector
Human Services

Official website

Reported finances

Revenue
$14,695,488
Expenses
$14,216,544
Assets
$7,123,479
Liabilities
$521,164

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

32 people listed

Executive titles in this filing

  • JEFF MAGADITSCH (EXECUTIVE DIRECTOR)
  • JIM DEMICK (FSGA FOUNDATION PRESIDENT)
  • MOE GALLANT (PRESIDENT)
  • STEVE ALBRIGHT (VICE PRESIDENT)
  • ANTHONY CAPANO (IMMEDIATE PAST PRESIDENT)

Highest reported compensation

  • JEFF MAGADITSCH (EXECUTIVE DIRECTOR): $357,060 total reported compensation
  • AARON SKOVIERA (SR. DIR GHIN SERVICES): $246,003 total reported compensation
  • DARIN GREEN (SR. DIR OF RULES AND COMP): $244,933 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To preserve and protect the great game of golf and its honorable traditions for the future generations.

What it reported doing in 2025

Tournaments/championship administration - the Florida state golf association conducts 51 state championships for amateur golfers of all ages, genders and capabilities. The fsga is a volunteer-based organization with more than 500 volunteers and 360,000 members. The fsga also conducts more qualifiers for the usga national championships than any other golf association in the country. Each year, thousands of golfers attempt to qualify to play in national level competition. Further, the organization conducts 200 days of "one-day" competitions that are geared for the recreational and developing golfer. These events are open to players of all ages and capabilities.

Operating model

Revenue model
Other-operating. 95% of the money available for current operations came from other operating revenue.
Distribution model
Hybrid. The nonprofit split its reported program spending across 71% for direct work, and 29% for grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 85
  • Transparency & Controls: 87
  • Accountability: 95
  • Sustainability: 33
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 93.8%; rating input score 94
  • Program expense ratio: 96.7%; rating input score 97
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: 4 of 6 controls in place; rating input score 67
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Pass
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 99.9%; rating input score 100; 49th 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; 64th percentile among comparable filings
  • Governance controls: 7 of 8 controls in place; rating input score 88
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 3.3%; rating input score 38; 38th percentile among comparable filings
  • Total-asset coverage ratio: 0.5; rating input score 12; 12th percentile among comparable filings
  • Liabilities to assets ratio: 0.07; rating input score 71; 71st percentile among comparable filings
  • Officer compensation ratio: 10.1%; rating input score 24; 24th percentile among comparable filings

Growth

  • Program expense growth: 11.8% per year; rating input score 100; 73rd percentile among comparable filings
  • Revenue growth: 9.3% per year; rating input score 100; 70th percentile among comparable filings
  • Asset growth: 2.2% per year; rating input score 100; 14th percentile among comparable filings

Details

  • Where the money goes: 93.8% of revenue deployed · 96.7% of spending went to programs
  • Governance: 25 of 25 board members independent · 7 of 8 filing controls reported
  • Programs: 4 filed program accomplishments · $13.7M in reported program spending
  • Leadership: top reported pay $357K · 32 people listed · 4 of 6 pay-setting controls reported
  • Highest-paid contractors: 2 contractors listed · $1.1M reported
  • Consistency: 32 of 32 current checks pass
  • Schedules: 7 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 15 filing years from 2010 to 2025
  • Contacts: How to reach this organization
  • Money network: 8 filed money-flow records
  • Related organizations: 2 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.

  • Moderate — Sustainability: Operating margin scored 38/100.
  • High — Sustainability: Total-asset coverage ratio scored 12/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • High — Sustainability: Officer compensation ratio scored 24/100.