Hartford Golf Club Scholarship Foundation

Nonprofit profile at a glance

EIN
222966886
IRS 990-EZ coverage
2016–2024
Forms available
Form 990-EZ 2024
Location
West Hartford, CT, USA
Phone
8602335432
Rating
88
Verdict
STRONG
Rating confidence
Moderate

Reported finances

Revenue
$150,340
Expenses
$128,086
Assets
$397,818
Liabilities
$5,118

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

12 people listed

Executive titles in this filing

  • ALANA CURREN (PRESIDENT)

People named in this filing

  • JOSEPH FOWLER (SECRETARY)
  • THOMAS BORGHARD (TREASURER)
  • ELEANOR N BARNES (DIRECTOR)

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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The primary purpose of the foundation is to provide scholarships to students who attend a secondary school or who are pursuing an undergraduate degree at a college or university, or who attend an educational institution that is authorized or accredited to provide a program that is acceptable for credit toward a bachelor's degree, or offers a program of training to prepare students for gainful employment in a recognized occupation.

What it reported doing in 2024

36 college students were awarded tuition grants based on the policies and procedures of the foundation.

Operating model

Revenue model
Donor-supported. 89% 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 - The filed numbers largely add up and a large share of available resources goes toward mission work. Liabilities are high compared with assets.

Rating breakdown

  • Financial Efficiency: 78
  • Transparency & Controls: 100
  • Sustainability: 70
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 74.2%; rating input score 74
  • Program expense ratio: 83.5%; rating input score 84

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 14.8%; rating input score 67; 67th percentile among comparable filings
  • Total-asset coverage ratio: 3.11; rating input score 90; 90th percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 40; 40th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 26.7% per year; rating input score 100; 82nd percentile among comparable filings
  • Revenue growth: 13.3% per year; rating input score 100; 74th percentile among comparable filings
  • Asset growth: 6.3% per year; rating input score 100; 49th percentile among comparable filings

Details

  • Where the money goes: 74.2% of revenue deployed · 83.5% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $107K in reported program spending
  • Leadership: top reported pay $0 · 12 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 9 filing years from 2016 to 2024
  • 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.

  • Moderate — Sustainability: Liabilities to assets ratio scored 40/100.