Connecticut State Golf Association Inc
Connecticut State Golf Association: Strong Financials, High Program Spending
EIN: 222587856 · Rocky Hill, CT · NTEE: N70 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $2.6M |
| Total Expenses | $2.0M |
| Program Spending | 85% |
| Net Assets | $2.3M |
| Transparency Score | 85/100 |
Is Connecticut State Golf Association Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Connecticut State Golf Association Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Connecticut State Golf Association Inc
Connecticut State Golf Association Inc (EIN: 222587856) is a nonprofit organization based in Rocky Hill, CT, classified under NTEE code N70. The organization reported total revenue of $2.6M and total assets of $3.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Connecticut State Golf Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Connecticut State Golf Association Inc is a mid-size nonprofit that has been operating for 8 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.4M |
| Total Expenses | $2.0M |
| Surplus / Deficit | +$408K |
| Total Assets | $2.5M |
| Total Liabilities | $227K |
| Net Assets | $2.3M |
| Operating Margin | 17.1% |
| Debt-to-Asset Ratio | 9.0% |
| Months of Reserves | 15.3 months |
Financial Health Grade: A
In 2023, Connecticut State Golf Association Inc reported a surplus of $408K with revenue exceeding expenses, holds 15.3 months of operating reserves (strong position), has a debt-to-asset ratio of 9.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Connecticut State Golf Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +25.1% | +10.5% | +20.2% |
| 2022 | +4.4% | +12.8% | -0.5% |
| 2021 | +12.3% | +10.6% | +27.0% |
| 2020 | +3.8% | -2.2% | +12.6% |
| 2019 | +9.4% | +7.0% | +12.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2018 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Connecticut State Golf Association Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Connecticut State Golf Association Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $408K, with revenue exceeding expenses.
- Debt-to-asset ratio: 9.0%.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided data, making a specific assessment difficult without further filing review.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Connecticut State Golf Association Inc:
- Consistent revenue growth from $1,098,276 in 2016 to $2,552,279 in 2023.
- Healthy asset growth from $1,064,394 in 2016 to $3,200,782 in 2023.
- Low liabilities relative to assets, indicating strong financial health.
- Zero lobbying expenses reported across all available years, suggesting a focus on direct mission activities.
Frequently Asked Questions about Connecticut State Golf Association Inc
Is Connecticut State Golf Association Inc a legitimate charity?
Connecticut State Golf Association Inc (EIN: 222587856) is a registered tax-exempt nonprofit based in Connecticut. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $2.6M. No red flags identified. 4 strengths noted. Financial health grade: A.
How does Connecticut State Golf Association Inc spend its money?
Connecticut State Golf Association Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Connecticut State Golf Association Inc tax-deductible?
Connecticut State Golf Association Inc is registered as a tax-exempt nonprofit (EIN: 222587856). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Connecticut State Golf Association Inc's spending goes to programs?
Connecticut State Golf Association Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Connecticut State Golf Association Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Connecticut State Golf Association Inc is above average for NTEE category N70 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Connecticut State Golf Association Inc located?
Connecticut State Golf Association Inc is headquartered in Rocky Hill, Connecticut and files with the IRS under EIN 222587856. It is classified under NTEE code N70.
How many years of IRS 990 filings does Connecticut State Golf Association Inc have?
Connecticut State Golf Association Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $2.6M in total revenue.
What does Connecticut State Golf Association Inc do?
Connecticut State Golf Association Inc is a nonprofit organization in the Recreation & Sports sector, located in Rocky Hill, Connecticut. It is classified under NTEE code N70.
How much revenue does Connecticut State Golf Association Inc have?
Connecticut State Golf Association Inc reported total revenue of $2,552,279. Based on 13 IRS 990 filings on record.
What are Connecticut State Golf Association Inc's total assets?
Connecticut State Golf Association Inc holds total assets of $3,200,782 as reported in IRS 990 filings.
Where is Connecticut State Golf Association Inc located?
Connecticut State Golf Association Inc is based in Rocky Hill, Connecticut.
What is Connecticut State Golf Association Inc's EIN?
Connecticut State Golf Association Inc's Employer Identification Number (EIN) is 222587856. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Connecticut State Golf Association Inc?
Connecticut State Golf Association Inc is classified under NTEE code N70 (Recreation & Sports).
Is Connecticut State Golf Association Inc a registered 501(c)(3)?
Yes, Connecticut State Golf Association Inc is recognized as a tax-exempt organization by the IRS. EIN: 222587856.
Does Connecticut State Golf Association Inc file IRS Form 990?
Yes, Connecticut State Golf Association Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202310.
What was Connecticut State Golf Association Inc's revenue in 2023?
In the 202310 filing period, Connecticut State Golf Association Inc reported total revenue of $2,381,566, total expenses of $1,973,553, and net assets of $2,510,988.
Is Connecticut State Golf Association Inc's revenue growing or declining?
Connecticut State Golf Association Inc's revenue is growing. Revenue went from $1,903,873 (202210) to $2,381,566 (202310), a +25.1% change. Based on 13 filings on record.
What is Connecticut State Golf Association Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Connecticut State Golf Association Inc covers tax period 202310. It shows revenue of $2,381,566, expenses of $1,973,553, total assets of $2,510,988, and liabilities of $226,908.
How much does Connecticut State Golf Association Inc spend on programs vs administration?
Based on IRS 990 analysis, Connecticut State Golf Association Inc allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Connecticut State Golf Association Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Connecticut State Golf Association Inc appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 4 strengths noted.
What are Connecticut State Golf Association Inc's strengths?
Positive indicators for Connecticut State Golf Association Inc include: Consistent revenue growth from $1,098,276 in 2016 to $2,552,279 in 2023.. Healthy asset growth from $1,064,394 in 2016 to $3,200,782 in 2023.. Low liabilities relative to assets, indicating strong financial health.. Zero lobbying expenses reported across all available years, suggesting a focus on direct mission activities.. These findings are derived from AI analysis of the organization's financial filings.
How does Connecticut State Golf Association Inc compensate executives?
Executive compensation is not explicitly detailed in the provided data, making a specific assessment difficult without further filing review. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How has the organization managed to more than double its revenue and assets in seven years?
The consistent increase in revenue from $1,098,276 in 2016 to $2,552,279 in 2023, alongside asset growth from $1,064,394 to $3,200,782, suggests effective fundraising, program expansion, or increased member engagement within the Connecticut golf community.
What specific programs or initiatives are driving the high program spending percentage?
While the data indicates a high percentage of spending on programs, the specific nature of these programs (e.g., youth development, course maintenance, tournaments, educational initiatives) is not detailed in the provided financial summary and would require a deeper dive into their Form 990 or annual reports.
Filing History
IRS 990 filing history for Connecticut State Golf Association Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Connecticut State Golf Association Inc's revenue has grown by 149.4%, moving from $955K to $2.4M. Total assets increased by 175.8% over the same period, from $910K to $2.5M. Total functional expenses rose by 114.2%, from $921K to $2.0M. In its most recent filing year (2023), Connecticut State Golf Association Inc reported a surplus of $408K, with revenue exceeding expenses. The organization holds $227K in liabilities against $2.5M in assets (debt-to-asset ratio: 9.0%), resulting in net assets of $2.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.4M | $2.0M | $2.5M | $227K | — | — |
| 2022 | $1.9M | $1.8M | $2.1M | $187K | — | — |
| 2021 | $1.8M | $1.6M | $2.1M | $68K | — | View 990 |
| 2020 | $1.6M | $1.4M | $1.7M | $54K | — | — |
| 2019 | $1.6M | $1.5M | $1.5M | $66K | — | View 990 |
| 2018 | $1.4M | $1.4M | $1.3M | $61K | — | View 990 |
| 2017 | $1.1M | $1.1M | $1.2M | $43K | — | View 990 |
| 2016 | $1.1M | $1.0M | $1.1M | $14K | — | View 990 |
| 2015 | $985K | $994K | $983K | $9K | — | View 990 |
| 2014 | $1.0M | $1.1M | $1.0M | $21K | — | View 990 |
| 2013 | $1.0M | $943K | $1.0M | $5K | — | View 990 |
| 2012 | $1.0M | $960K | $943K | $7K | — | View 990 |
| 2011 | $955K | $921K | $910K | $21K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.4M, expenses of $2.0M, and assets of $2.5M (revenue +25.1% year-over-year).
- 2022: Revenue of $1.9M, expenses of $1.8M, and assets of $2.1M (revenue +4.4% year-over-year).
- 2021: Revenue of $1.8M, expenses of $1.6M, and assets of $2.1M (revenue +12.3% year-over-year).
- 2020: Revenue of $1.6M, expenses of $1.4M, and assets of $1.7M (revenue +3.8% year-over-year).
- 2019: Revenue of $1.6M, expenses of $1.5M, and assets of $1.5M (revenue +9.4% year-over-year).
- 2018: Revenue of $1.4M, expenses of $1.4M, and assets of $1.3M (revenue +26.5% year-over-year).
- 2017: Revenue of $1.1M, expenses of $1.1M, and assets of $1.2M (revenue +2.9% year-over-year).
- 2016: Revenue of $1.1M, expenses of $1.0M, and assets of $1.1M (revenue +11.5% year-over-year).
- 2015: Revenue of $985K, expenses of $994K, and assets of $983K (revenue -4.6% year-over-year).
- 2014: Revenue of $1.0M, expenses of $1.1M, and assets of $1.0M (revenue +1.4% year-over-year).
- 2013: Revenue of $1.0M, expenses of $943K, and assets of $1.0M (revenue +1.2% year-over-year).
- 2012: Revenue of $1.0M, expenses of $960K, and assets of $943K (revenue +5.4% year-over-year).
- 2011: Revenue of $955K, expenses of $921K, and assets of $910K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Connecticut State Golf Association Inc:
Data Sources and Methodology
This transparency report for Connecticut State Golf Association Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.