Is Midwest Section Pga Foundation Legit?

The Midwest Section PGA Foundation demonstrates consistent financial growth and strong program focus. Over the past five years, revenue has steadily increased from $122,368 in 2020 to $219,531 in 2023, indicating growing support for its mission. The organization consistently spends a high proportion of its expenses on program services, as evidenced by the 2023 filing where expenses were $150,836 against revenue of $219,531, suggesting efficient use of funds. Their asset base has also shown healthy growth, reaching $509,992 in 2023, providing a solid financial foundation. The absence of officer compensation further enhances their transparency and commitment to directing resources towards their programs. Spending efficiency appears high, with expenses generally well below revenue, allowing for asset accumulation. For instance, in 2023, expenses were approximately 68.7% of revenue. The organization's liabilities have remained relatively low compared to its assets, indicating good financial management. The consistent filing of IRS Form 990s over 14 periods demonstrates a commitment to transparency and accountability, allowing public scrutiny of their financial operations. The lack of reported officer compensation is a significant positive indicator of their dedication to mission over personal gain. Overall, the Midwest Section PGA Foundation appears to be a financially healthy and efficiently run organization with a clear focus on its programmatic goals. Their consistent growth in revenue and assets, coupled with a high program spending ratio and no reported officer compensation, paints a picture of a well-managed and transparent nonprofit.