Iowa Golf Association
Nonprofit profile at a glance
- EIN
- 421203480
- IRS 990 coverage
- 2016–2024
- Forms available
- Form 990 2024
- Location
- Des Moines, IA, USA
- Phone
- 5152071062
- Rating
- 78
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $1,282,132
- Expenses
- $1,193,954
- Assets
- $632,330
- Liabilities
- $43,120
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
18 people listed
Executive titles in this filing
- MIKE PURCELL (PRESIDENT & DIRECTOR)
- LEIGHANN LAROCCA (VICE PRESIDENT & DIRECTOR)
- CHAD PITTS (EXECUTIVE DIRECTOR)
Highest reported compensation
- CHAD PITTS (EXECUTIVE DIRECTOR): $126,175 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The Iowa golf association is the governing body for amateurgolf in the state of Iowa and exists as a non-profit organization that works to preserve, protect and promote the best interests and spirit of the game. As "caretakers" of the game we work to preserve the rich history of golf in our state and to provide numerous services that benefit all that play the game in Iowa.
What it reported doing in 2024
Membership services including calculating and determining handicaps, course rating services, tournament management services, golf course consulting services, and seminars. Providing these and other membership services contributes to the promotion of golf in Iowa.
Operating model
- Revenue model
- Earned-program. 88% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 99% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. 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: 70
- Transparency & Controls: 93
- Accountability: 74
- Sustainability: 43
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 75.6%; rating input score 76
- Program expense ratio: 82.3%; rating input score 82
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 90.9%; rating input score 91; 8th 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; 63rd percentile among comparable filings
- Governance controls: 3 of 8 controls in place; rating input score 38
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- 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: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 6.9%; rating input score 55; 55th percentile among comparable filings
- Total-asset coverage ratio: 0.53; rating input score 25; 25th percentile among comparable filings
- Liabilities to assets ratio: 0.07; rating input score 48; 48th percentile among comparable filings
- Officer compensation ratio: 10.6%; rating input score 35; 35th percentile among comparable filings
Growth
- Program expense growth: 8.2% per year; rating input score 100; 56th percentile among comparable filings
- Revenue growth: 8.7% per year; rating input score 100; 62nd percentile among comparable filings
- Asset growth: 14.9% per year; rating input score 100; 72nd percentile among comparable filings
Details
- Where the money goes: 75.6% of revenue deployed · 82.3% of spending went to programs
- Governance: 17 of 17 board members independent · 3 of 8 filing controls reported
- Programs: 2 filed program accomplishments · $983K in reported program spending
- Leadership: top reported pay $126K · 18 people listed
- Consistency: 28 of 28 current checks pass
- Schedules: 5 filed schedules · includes major donors
- Filing history: 8 filing years from 2016 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: 1 filed related-organization link
- 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 — Accountability: Governance controls: 4 of 7 not reported.
- High — Sustainability: Total-asset coverage ratio scored 25/100.
- Review — Sustainability: Operating margin scored 55/100.
- Moderate — Sustainability: Officer compensation ratio scored 35/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 48/100.