Michelin Charity Golf Tournament
Michelin Charity Golf Tournament consistently generates surpluses, building over $1 million in assets with no officer compensation.
EIN: 202968911 · Greenville, SC · NTEE: N6A · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $981K |
| Total Expenses | $954K |
| Program Spending | 90% |
| Net Assets | $1.0M |
| Transparency Score | 92/100 |
Is Michelin Charity Golf Tournament Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Michelin Charity Golf Tournament directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Michelin Charity Golf Tournament
Michelin Charity Golf Tournament (EIN: 202968911) is a nonprofit organization based in Greenville, SC, classified under NTEE code N6A. The organization reported total revenue of $981K and total assets of $961K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Michelin Charity Golf Tournament's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Michelin Charity Golf Tournament is a small nonprofit that has been operating for 10 years, with 16 years of IRS 990 filings on record (2008–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.3M |
| Total Expenses | $954K |
| Surplus / Deficit | +$324K |
| Total Assets | $1.0M |
| Net Assets | $1.0M |
| Operating Margin | 25.4% |
| Months of Reserves | 12.6 months |
Financial Health Grade: A
In 2023, Michelin Charity Golf Tournament reported a surplus of $324K with revenue exceeding expenses, holds 12.6 months of operating reserves (strong position).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +39.0% | +33.7% | +47.7% |
| 2022 | +75.2% | +208.6% | +43.6% |
| 2021 | +41.7% | -24.8% | +163.6% |
| 2020 | -65.1% | -72.9% | +54.3% |
| 2019 | +0.2% | +16.2% | -37.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2016 |
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 Michelin Charity Golf Tournament with a Mission Score of 92 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Michelin Charity Golf Tournament allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% 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 $324K, with revenue exceeding expenses.
Executive Compensation Analysis
The organization reports 0% officer compensation across all available filings, indicating that its leadership is either volunteer-based or compensated through other means not classified as officer compensation, which is a positive sign for 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.
Strengths
The following positive indicators were identified for Michelin Charity Golf Tournament:
- Consistent financial surpluses, leading to strong asset growth (from $179,493 in 2020 to $1,003,476 in 2023).
- Zero liabilities reported across all periods, indicating excellent financial stability.
- 0% officer compensation, demonstrating a commitment to directing funds to charitable purposes.
- Strong revenue generation, with 2023 revenue at $1,277,730.
- High efficiency in converting revenue to net assets, with expenses consistently lower than revenue in recent years.
Frequently Asked Questions about Michelin Charity Golf Tournament
Is Michelin Charity Golf Tournament a legitimate charity?
Based on AI analysis of IRS 990 filings, Michelin Charity Golf Tournament (EIN: 202968911) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Michelin Charity Golf Tournament spend its money?
Michelin Charity Golf Tournament directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Michelin Charity Golf Tournament tax-deductible?
Michelin Charity Golf Tournament is registered as a tax-exempt nonprofit (EIN: 202968911). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Michelin Charity Golf Tournament's spending goes to programs?
Michelin Charity Golf Tournament directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Michelin Charity Golf Tournament compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Michelin Charity Golf Tournament is above average for NTEE category N6A nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Michelin Charity Golf Tournament located?
Michelin Charity Golf Tournament is headquartered in Greenville, South Carolina and files with the IRS under EIN 202968911. It is classified under NTEE code N6A.
How many years of IRS 990 filings does Michelin Charity Golf Tournament have?
Michelin Charity Golf Tournament has 16 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 $981K in total revenue.
What specific charities or causes does the Michelin Charity Golf Tournament support with its distributed funds?
While the filings indicate significant revenue and asset growth, the specific beneficiaries of the distributed funds are not detailed in the provided financial summary. Further investigation into their public disclosures or website would be needed.
How does the organization ensure its fundraising costs remain low given its event-based model?
The consistent surpluses and high program spending suggest efficient event management and potentially significant in-kind support or volunteer efforts, keeping direct fundraising expenses minimal relative to revenue.
What is the long-term strategy for the accumulated assets, which reached over $1 million in 2023?
The growing asset base could be used to expand the scale of the tournament, increase distributions to beneficiaries, or establish an endowment for future stability. The specific strategy is not detailed in the provided data.
Filing History
IRS 990 filing history for Michelin Charity Golf Tournament showing financial trends over 16 years of public records:
In its most recent filing year (2023), Michelin Charity Golf Tournament reported a surplus of $324K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.3M | $954K | $1.0M | $0 | — | — |
| 2022 | $919K | $713K | $679K | $0 | — | — |
| 2021 | $525K | $231K | $473K | $0 | — | — |
| 2020 | $370K | $307K | $179K | $0 | — | View 990 |
| 2019 | $1.1M | $1.1M | $116K | $0 | — | View 990 |
| 2018 | $1.1M | $974K | $186K | $0 | — | View 990 |
| 2017 | $1.1M | $1.0M | $100K | $0 | — | View 990 |
| 2016 | $1.2M | $1.3M | $20K | $0 | — | View 990 |
| 2015 | $926K | $926K | $96K | $0 | — | View 990 |
| 2014 | $789K | $882K | $96K | $0 | — | — |
| 2013 | $0 | $0 | $1 | $0 | — | — |
| 2012 | $0 | $0 | $1 | $0 | — | — |
| 2011 | $0 | $0 | $1 | $0 | — | — |
| 2010 | $0 | $0 | $0 | $0 | — | — |
| 2009 | $0 | $0 | $0 | $0 | — | — |
| 2008 | $0 | $0 | $0 | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $1.3M, expenses of $954K, and assets of $1.0M (revenue +39.0% year-over-year).
- 2022: Revenue of $919K, expenses of $713K, and assets of $679K (revenue +75.2% year-over-year).
- 2021: Revenue of $525K, expenses of $231K, and assets of $473K (revenue +41.7% year-over-year).
- 2020: Revenue of $370K, expenses of $307K, and assets of $179K (revenue -65.1% year-over-year).
- 2019: Revenue of $1.1M, expenses of $1.1M, and assets of $116K (revenue +0.2% year-over-year).
- 2018: Revenue of $1.1M, expenses of $974K, and assets of $186K (revenue -5.3% year-over-year).
- 2017: Revenue of $1.1M, expenses of $1.0M, and assets of $100K (revenue -8.1% year-over-year).
- 2016: Revenue of $1.2M, expenses of $1.3M, and assets of $20K (revenue +31.6% year-over-year).
- 2015: Revenue of $926K, expenses of $926K, and assets of $96K (revenue +17.3% year-over-year).
- 2014: Revenue of $789K, expenses of $882K, and assets of $96K.
- 2013: Revenue of $0, expenses of $0, and assets of $1.
- 2012: Revenue of $0, expenses of $0, and assets of $1.
- 2011: Revenue of $0, expenses of $0, and assets of $1.
- 2010: Revenue of $0, expenses of $0, and assets of $0.
- 2009: Revenue of $0, expenses of $0, and assets of $0.
- 2008: Revenue of $0, expenses of $0, and assets of $0.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Michelin Charity Golf Tournament:
Data Sources and Methodology
This transparency report for Michelin Charity Golf Tournament 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.