Recreation & Sports
(N6A)
990 on File
PGA TOUR FIRST TEE FOUNDATION INC
Financial strength (30%)
75/100
Reliability (20%)
45/100
Effectiveness (25%)
85/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2023
$28.5M
Total Revenue
$30.8M
Total Expenses
$113.2M
Net Assets
64
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
76.5%
Fundraising Efficiency
2201.2%
Operating Reserve
44.13x
Liability-to-Asset
4.7%
Revenue Diversification
82.8%
Executive Compensation
$1.2M
Compared with Peers
FY 2023
Compared with 163 similar organizations
(United States, Recreation & Sports, $10M–$100M in expenses), FY 2023.
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
|
76.5% | 85.8% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
12.3% | 10.7% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
11.2% | 0.9% |
P10P90
|
Bottom quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
2201.2% | 456.5% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
44.1 mo | 11.5 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
4.7% | 23.7% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
82.8% | 85.6% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
-10.9% | 6.1% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-10.0% | 12.1% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-7.9% | 2.8% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $28.5M | $30.8M | $113.2M | 76.5% | 64 |
| 2022 | $32.0M | $34.2M | $113.5M | 81.2% | 62 |
| 2021 | $131.9M | $31.3M | N/A | — | 56 |
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