Arts, Culture & Humanities
(A50)
IRS Verified
DX Registered
990 on File
KENTUCKY GOLF FOUNDATION
Financial strength (30%)
86/100
Reliability (20%)
55/100
Effectiveness (25%)
78/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
The Kentucky Golf Foundation is the 501(c)3 charitable affiliate of Kentucky’s Family of Golf Organizations. Founded in 2002, the foundation was the vision of the Kentucky Golf Association and the Kentucky PGA. Our core purpose is to impact Kentucky's youth and military through golf, grow the game, and make golf affordable and accessible for people from all backgrounds.
Financial Overview — FY 2024
$1.6M
Total Revenue
$1.2M
Total Expenses
$1.8M
Net Assets
0
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
94.0%
Fundraising Efficiency
1.8%
Operating Reserve
18.09x
Liability-to-Asset
3.6%
Revenue Diversification
76.6%
Compared with Peers
FY 2024
Compared with 3,450 similar organizations
(United States, Arts, Culture & Humanities, $1M–$10M in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
94.0% | 77.9% |
P10P90
|
Top quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
5.6% | 14.4% |
P10P90
|
Top quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.4% | 5.4% |
P10P90
|
Top quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
1.8% | 240.4% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
18.1 mo | 16.5 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
3.6% | 10.6% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
76.6% | 74.5% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
70.8% | 7.8% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
47.3% | 8.0% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
23.3% | -0.5% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $1.6M | $1.2M | $1.8M | 94.0% | 0 |
| 2023 | $909K | $809K | $1.4M | 92.0% | 0 |
| 2022 | $682K | $648K | $1.3M | 94.2% | 0 |
| 2021 | $842K | $566K | N/A | — | 0 |
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