Is Wisconsin State Golf Associationfoundation Inc Legit?

The Wisconsin State Golf Associationfoundation Inc demonstrates consistent financial stability and strong program focus. Over the past decade, the organization has shown steady growth in assets, from $419,292 in 2014 to over $1 million in 2023, indicating sound financial management and accumulation of resources. Their liabilities have consistently been reported as $0 across all available filings, which is a significant indicator of financial health and low risk. The organization's spending efficiency appears robust, with expenses generally well below revenue, allowing for asset growth. For example, in 2021, they reported $228,801 in revenue against only $75,886 in expenses, demonstrating a high capacity to retain funds for future programs or reserves. Regarding spending allocation, the absence of reported officer compensation across all filings suggests that the organization operates with a volunteer or very low-paid leadership structure, which can free up more funds for programmatic activities. This is a strong positive for donor confidence and efficiency. While specific breakdowns of program, administrative, and fundraising expenses are not explicitly detailed in the provided summary, the overall low expense-to-revenue ratio implies a lean operational model. The consistent growth in assets, coupled with zero liabilities, paints a picture of a well-managed and financially secure nonprofit. Transparency is high given the consistent filing of IRS Form 990s over 13 periods and the clear reporting of key financial metrics. The lack of officer compensation is a notable transparency point, indicating that leadership is not drawing salaries from the organization's funds. This commitment to minimizing overhead and maximizing resource allocation towards its mission is commendable.