Virginia Golf Hall of Fame Inc
Nonprofit profile at a glance
- EIN
- 812085474
- IRS 990-EZ coverage
- 2023–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2022
- Location
- Midlothian, VA, USA
- Phone
- 8043782300
- Rating
- 75
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Education N.E.C.
Reported finances
- Revenue
- $80,558
- Expenses
- $40,281
- Assets
- $156,145
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- GIB PALMER (PRESIDENT)
People named in this filing
- GIB PALMER (PRESIDENT)
- BRIAN MALONEY (TREASURER)
- BOODIE MCGURN (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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
This organization shall be known as the "Virginia golf hall of fame," hereafter referred to as the "corporation." its purpose shall be to engage exclusively in charitable and educational purposes including, without limitation, educating the public on the history of the sport of golf, including through the establishment of a "hall of fame" for individuals who exhibit exceptional proficiency and serve as ambassadors for the sport of golf, all within the meaning of section 501(c)(3) of the internal revenue code of 1986, as amended.
What it reported doing in 2024
The establishment of a "hall of fame" for individuals who exhibit exceptional proficiency and serve as ambassadors for the sport of golf.
Operating model
- Revenue model
- Donor-supported. 88% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% 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 total spending goes to programs and the filed numbers largely add up. A relatively small share of available resources goes toward mission work and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 71
- Transparency & Controls: 82
- Sustainability: 81
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 52.7%; rating input score 53
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 50%; rating input score 91; 91st percentile among comparable filings
- Total-asset coverage ratio: 3.88; rating input score 80; 80th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -60% per year; rating input score 0; 7th percentile among comparable filings
- Revenue growth: 8.9% per year; rating input score 100; 80th percentile among comparable filings
- Asset growth: 29.6% per year; rating input score 100; 91st percentile among comparable filings
Details
- Where the money goes: 52.7% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $40K in reported program spending
- Leadership: top reported pay $0 · 12 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 2 filed schedules
- Filing history: 2 filing years from 2023 to 2024
- Contacts: How to reach this organization
- Related organizations: Filed and resolved organization relationships.
- 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.
- Review — Financial Efficiency: Mission deployment rate scored 53/100.
- High — Growth: Program expense growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.