Fort Worth Junior Golf Foundation Incorporated
Fort Worth Junior Golf Foundation maintains strong assets and reports no officer compensation, despite a recent operating deficit.
EIN: 205545252 · Fort Worth, TX · NTEE: N60 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.6M |
| Total Expenses | $1.7M |
| Program Spending | 85% |
| Net Assets | $4.6M |
| Transparency Score | 90/100 |
Is Fort Worth Junior Golf Foundation Incorporated Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Fort Worth Junior Golf Foundation Incorporated directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Fort Worth Junior Golf Foundation Incorporated
Fort Worth Junior Golf Foundation Incorporated (EIN: 205545252) is a nonprofit organization based in Fort Worth, TX, classified under NTEE code N60. The organization reported total revenue of $1.6M and total assets of $4.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fort Worth Junior Golf Foundation Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Fort Worth Junior Golf Foundation Incorporated is a mid-size nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.5M |
| Total Expenses | $1.7M |
| Surplus / Deficit | $-288,710 |
| Total Assets | $4.7M |
| Total Liabilities | $107K |
| Net Assets | $4.6M |
| Operating Margin | -19.9% |
| Debt-to-Asset Ratio | 2.3% |
| Months of Reserves | 32.6 months |
Financial Health Grade: B
In 2023, Fort Worth Junior Golf Foundation Incorporated reported a deficit of $289K with expenses exceeding revenue, holds 32.6 months of operating reserves (strong position), has a debt-to-asset ratio of 2.3% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Fort Worth Junior Golf Foundation Incorporated's revenue has grown at a compound annual growth rate (CAGR) of 7.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -19.6% | +4.8% | -17.4% |
| 2022 | -8.2% | +27.4% | -2.3% |
| 2021 | +12.5% | +17.7% | +18.7% |
| 2020 | -4.8% | +15.9% | +29.7% |
| 2019 | +86.2% | +4.7% | +31.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Fort Worth Junior Golf Foundation Incorporated with a Mission Score of 90 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, Fort Worth Junior Golf Foundation Incorporated 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 deficit of $289K, with expenses exceeding revenue.
- Debt-to-asset ratio: 2.3%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to officers, or that these roles are filled by volunteers, which is a positive indicator for donor confidence and resource allocation.
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.
Red Flags
The following concerns were identified during AI analysis of Fort Worth Junior Golf Foundation Incorporated's IRS 990 filings:
- Operating deficit in 2023 (Expenses $1,743,027 exceeded Revenue $1,454,317)
Strengths
The following positive indicators were identified for Fort Worth Junior Golf Foundation Incorporated:
- Consistent reporting of 0% officer compensation, indicating high transparency and efficient use of funds.
- Significant asset growth over the past decade, from $2.8 million in 2014 to $4.7 million in 2023.
- Generally strong and consistent revenue streams, averaging over $1 million annually.
- Substantial reduction in liabilities in 2023, from $817,301 in 2022 to $107,275.
Frequently Asked Questions about Fort Worth Junior Golf Foundation Incorporated
Is Fort Worth Junior Golf Foundation Incorporated a legitimate charity?
Fort Worth Junior Golf Foundation Incorporated (EIN: 205545252) is a registered tax-exempt nonprofit based in Texas. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.6M. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does Fort Worth Junior Golf Foundation Incorporated spend its money?
Fort Worth Junior Golf Foundation Incorporated directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Fort Worth Junior Golf Foundation Incorporated tax-deductible?
Fort Worth Junior Golf Foundation Incorporated is registered as a tax-exempt nonprofit (EIN: 205545252). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Fort Worth Junior Golf Foundation Incorporated's spending goes to programs?
Fort Worth Junior Golf Foundation Incorporated directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Fort Worth Junior Golf Foundation Incorporated compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Fort Worth Junior Golf Foundation Incorporated is above average for NTEE category N60 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Fort Worth Junior Golf Foundation Incorporated located?
Fort Worth Junior Golf Foundation Incorporated is headquartered in Fort Worth, Texas and files with the IRS under EIN 205545252. It is classified under NTEE code N60.
How many years of IRS 990 filings does Fort Worth Junior Golf Foundation Incorporated have?
Fort Worth Junior Golf Foundation Incorporated 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 $1.6M in total revenue.
Is Fort Worth Junior Golf Foundation Incorporated a good charity?
Based on the available data, the Fort Worth Junior Golf Foundation appears to be a good charity. It demonstrates strong asset growth, consistent revenue, and a notable commitment to transparency by reporting 0% officer compensation. While there was a deficit in 2023, the overall financial trend is positive, and the lack of officer compensation suggests a high proportion of funds are directed to its mission.
How has the organization's financial health changed over the last few years?
The organization's financial health has generally been strong, with assets growing from $2.8 million in 2014 to $4.7 million in 2023. Revenue has consistently been over $1 million, peaking at $1.97 million in 2021. While 2023 saw a deficit of approximately $288,710 (Expenses $1,743,027 vs. Revenue $1,454,317), this follows several years of surpluses, suggesting it may be a temporary fluctuation rather than a systemic issue.
What is the trend in the organization's liabilities?
Liabilities have fluctuated, with a notable increase in 2021 ($1,096,576) and 2022 ($817,301) compared to earlier years (e.g., $133,326 in 2018). However, liabilities decreased significantly in 2023 to $107,275, indicating effective management of debt or obligations.
Filing History
IRS 990 filing history for Fort Worth Junior Golf Foundation Incorporated showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Fort Worth Junior Golf Foundation Incorporated's revenue has grown by 128.9%, moving from $635K to $1.5M. Total assets increased by 88.8% over the same period, from $2.5M to $4.7M. Total functional expenses rose by 316.5%, from $418K to $1.7M. In its most recent filing year (2023), Fort Worth Junior Golf Foundation Incorporated reported a deficit of $289K, with expenses exceeding revenue. The organization holds $107K in liabilities against $4.7M in assets (debt-to-asset ratio: 2.3%), resulting in net assets of $4.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.5M | $1.7M | $4.7M | $107K | — | — |
| 2022 | $1.8M | $1.7M | $5.7M | $817K | — | View 990 |
| 2021 | $2.0M | $1.3M | $5.9M | $1.1M | — | View 990 |
| 2020 | $1.8M | $1.1M | $4.9M | $914K | — | View 990 |
| 2019 | $1.8M | $956K | $3.8M | $166K | — | View 990 |
| 2018 | $988K | $913K | $2.9M | $133K | — | View 990 |
| 2017 | $1.0M | $908K | $2.8M | $137K | — | View 990 |
| 2016 | $827K | $795K | $2.8M | $213K | — | View 990 |
| 2015 | $727K | $776K | $2.7M | $194K | — | View 990 |
| 2014 | $871K | $729K | $2.9M | $284K | — | View 990 |
| 2013 | $637K | $575K | $2.7M | $265K | — | View 990 |
| 2012 | $592K | $509K | $2.8M | $416K | — | View 990 |
| 2011 | $635K | $418K | $2.5M | $164K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.5M, expenses of $1.7M, and assets of $4.7M (revenue -19.6% year-over-year).
- 2022: Revenue of $1.8M, expenses of $1.7M, and assets of $5.7M (revenue -8.2% year-over-year).
- 2021: Revenue of $2.0M, expenses of $1.3M, and assets of $5.9M (revenue +12.5% year-over-year).
- 2020: Revenue of $1.8M, expenses of $1.1M, and assets of $4.9M (revenue -4.8% year-over-year).
- 2019: Revenue of $1.8M, expenses of $956K, and assets of $3.8M (revenue +86.2% year-over-year).
- 2018: Revenue of $988K, expenses of $913K, and assets of $2.9M (revenue -4.4% year-over-year).
- 2017: Revenue of $1.0M, expenses of $908K, and assets of $2.8M (revenue +24.9% year-over-year).
- 2016: Revenue of $827K, expenses of $795K, and assets of $2.8M (revenue +13.8% year-over-year).
- 2015: Revenue of $727K, expenses of $776K, and assets of $2.7M (revenue -16.5% year-over-year).
- 2014: Revenue of $871K, expenses of $729K, and assets of $2.9M (revenue +36.7% year-over-year).
- 2013: Revenue of $637K, expenses of $575K, and assets of $2.7M (revenue +7.7% year-over-year).
- 2012: Revenue of $592K, expenses of $509K, and assets of $2.8M (revenue -6.9% year-over-year).
- 2011: Revenue of $635K, expenses of $418K, and assets of $2.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Fort Worth Junior Golf Foundation Incorporated:
Data Sources and Methodology
This transparency report for Fort Worth Junior Golf Foundation Incorporated 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.