Salute To Military Golf Association Inc
EIN: 651296873 · Silver Spring, MD · NTEE: N6A
| Metric | Value |
|---|---|
| Total Revenue | $760K |
| Total Expenses | $670K |
| Net Assets | $499K |
Is Salute To Military Golf Association Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Salute To Military Golf Association Inc
Salute To Military Golf Association Inc (EIN: 651296873) is a nonprofit organization based in Silver Spring, MD, classified under NTEE code N6A. The organization reported total revenue of $760K and total assets of $541K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Salute To Military Golf Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Salute To Military Golf Association Inc is a small nonprofit that has been operating for 19 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 7.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $704K |
| Total Expenses | $670K |
| Surplus / Deficit | +$34K |
| Total Assets | $513K |
| Total Liabilities | $15K |
| Net Assets | $499K |
| Operating Margin | 4.8% |
| Debt-to-Asset Ratio | 2.8% |
| Months of Reserves | 9.2 months |
Financial Health Grade: A
In 2023, Salute To Military Golf Association Inc reported a surplus of $34K with revenue exceeding expenses, holds 9.2 months of operating reserves (strong position), has a debt-to-asset ratio of 2.8% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), Salute To Military Golf Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +23.2% | -5.3% | +9.1% |
| 2022 | -17.7% | +20.5% | -22.9% |
| 2021 | +45.7% | +16.2% | +19.3% |
| 2020 | -43.4% | -41.1% | -7.1% |
| 2019 | +15.2% | +12.4% | +0.3% |
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 Analysis Pending
AI enrichment for Salute To Military Golf Association Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Salute To Military Golf Association Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $34K, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.8%.
Frequently Asked Questions about Salute To Military Golf Association Inc
Is Salute To Military Golf Association Inc a legitimate charity?
Salute To Military Golf Association Inc (EIN: 651296873) is a registered tax-exempt nonprofit based in Maryland. It has 14 years of IRS 990 filings on record. Total revenue: $760K. No red flags identified. Financial health grade: A.
How does Salute To Military Golf Association Inc spend its money?
Salute To Military Golf Association Inc reported $760K in total revenue in IRS 990 filings. 14 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Salute To Military Golf Association Inc tax-deductible?
Salute To Military Golf Association Inc is registered as a tax-exempt nonprofit (EIN: 651296873). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Salute To Military Golf Association Inc located?
Salute To Military Golf Association Inc is headquartered in Silver Spring, Maryland and files with the IRS under EIN 651296873. It is classified under NTEE code N6A.
How many years of IRS 990 filings does Salute To Military Golf Association Inc have?
Salute To Military Golf Association Inc has 14 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 $760K in total revenue.
Filing History
IRS 990 filing history for Salute To Military Golf Association Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Salute To Military Golf Association Inc's revenue has grown by 146.7%, moving from $285K to $704K. Total assets increased by 47.8% over the same period, from $347K to $513K. Total functional expenses rose by 304.4%, from $166K to $670K. In its most recent filing year (2023), Salute To Military Golf Association Inc reported a surplus of $34K, with revenue exceeding expenses. The organization holds $15K in liabilities against $513K in assets (debt-to-asset ratio: 2.8%), resulting in net assets of $499K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $704K | $670K | $513K | $15K | — | — |
| 2022 | $571K | $707K | $471K | $6K | — | View 990 |
| 2021 | $694K | $587K | $610K | $10K | — | View 990 |
| 2020 | $477K | $505K | $512K | $18K | — | View 990 |
| 2019 | $841K | $859K | $551K | $28K | — | View 990 |
| 2018 | $730K | $764K | $549K | $9K | — | View 990 |
| 2017 | $844K | $854K | $607K | $33K | — | View 990 |
| 2016 | $665K | $751K | $630K | $47K | — | View 990 |
| 2015 | $799K | $672K | $705K | $36K | — | View 990 |
| 2014 | $591K | $572K | $562K | $23K | — | View 990 |
| 2013 | $565K | $563K | $520K | $20K | — | View 990 |
| 2012 | $530K | $472K | $491K | $440 | — | View 990 |
| 2011 | $356K | $245K | $451K | $17K | — | View 990 |
| 2010 | $285K | $166K | $347K | $25K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $704K, expenses of $670K, and assets of $513K (revenue +23.2% year-over-year).
- 2022: Revenue of $571K, expenses of $707K, and assets of $471K (revenue -17.7% year-over-year).
- 2021: Revenue of $694K, expenses of $587K, and assets of $610K (revenue +45.7% year-over-year).
- 2020: Revenue of $477K, expenses of $505K, and assets of $512K (revenue -43.4% year-over-year).
- 2019: Revenue of $841K, expenses of $859K, and assets of $551K (revenue +15.2% year-over-year).
- 2018: Revenue of $730K, expenses of $764K, and assets of $549K (revenue -13.5% year-over-year).
- 2017: Revenue of $844K, expenses of $854K, and assets of $607K (revenue +27.1% year-over-year).
- 2016: Revenue of $665K, expenses of $751K, and assets of $630K (revenue -16.8% year-over-year).
- 2015: Revenue of $799K, expenses of $672K, and assets of $705K (revenue +35.2% year-over-year).
- 2014: Revenue of $591K, expenses of $572K, and assets of $562K (revenue +4.5% year-over-year).
- 2013: Revenue of $565K, expenses of $563K, and assets of $520K (revenue +6.7% year-over-year).
- 2012: Revenue of $530K, expenses of $472K, and assets of $491K (revenue +48.7% year-over-year).
- 2011: Revenue of $356K, expenses of $245K, and assets of $451K (revenue +24.7% year-over-year).
- 2010: Revenue of $285K, expenses of $166K, and assets of $347K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Salute To Military Golf Association Inc:
Data Sources and Methodology
This transparency report for Salute To Military 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.