Civic Intelligence

Greater Hartford Community Foundation Inc.

990 • Fiscal year 2022 • EIN 42-1684133

Sep 01, 2021 to Aug 31, 2022 • Filed on Mar 28, 2023

90 State House Square 11th FLHartford, CT 06103

(860) 502-6800

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

88th percentile

0.80x

Higher debt load relative to assets than 88% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Liabilities / Revenue

58th percentile

0.30x

Higher debt load relative to revenue than 58% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Net Margin

45th percentile

4.5%

Higher net margin than 45% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Top Officer Pay

92nd percentile

$536,041

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 2.4% of source-year revenue.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Asset Growth

95th percentile

91%

Faster asset growth than 95% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2021 to 2022

Revenue Growth

80th percentile

34%

Faster revenue growth than 80% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2021 to 2022

Assets

Up

$8,414,279

Up $4,009,707 (+91%) from 2021

Net Assets

Up

$1,705,716

Up $989,521 (+138%) from 2021

Liabilities

Up

$6,708,563

Up $3,020,186 (+82%) from 2021

Revenue

Up

$22,150,705

Up $5,598,586 (+34%) from 2021

Expenses

Up

$21,161,184

Up $4,982,676 (+31%) from 2021

Net Income

Up

$989,521

Up $615,910 (+165%) from 2021

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$15M$10M$5.0M$0-$5.0MAssets 2010: $2,960,934Liabilities 2010: $3,478,269Net Assets 2010: -$517,3352010Assets 2011: $3,680,390Liabilities 2011: $3,558,532Net Assets 2011: $121,8582011Assets 2012: $4,550,639Liabilities 2012: $3,910,483Net Assets 2012: $640,1562012Assets 2013: $4,831,291Liabilities 2013: $3,828,286Net Assets 2013: $1,003,0052013Assets 2014: $5,155,359Liabilities 2014: $3,859,548Net Assets 2014: $1,295,8112014Assets 2015: $5,352,751Liabilities 2015: $4,115,758Net Assets 2015: $1,236,9932015Assets 2016: $8,614,584Liabilities 2016: $7,493,174Net Assets 2016: $1,121,4102016Assets 2017: $5,281,578Liabilities 2017: $3,925,796Net Assets 2017: $1,355,7822017Assets 2018: $9,168,189Liabilities 2018: $7,697,985Net Assets 2018: $1,470,2042018Assets 2019: $6,782,249Liabilities 2019: $5,742,085Net Assets 2019: $1,040,1642019Assets 2020: $4,972,681Liabilities 2020: $4,630,097Net Assets 2020: $342,5842020Assets 2021: $4,404,572Liabilities 2021: $3,688,377Net Assets 2021: $716,1952021Assets 2022: $8,414,279Liabilities 2022: $6,708,563Net Assets 2022: $1,705,7162022Assets 2023: $9,269,806Liabilities 2023: $6,946,596Net Assets 2023: $2,323,2102023Assets 2024: $11,949,591Liabilities 2024: $9,524,181Net Assets 2024: $2,425,4102024

Highlighted filing

2022

Assets$8,414,279
Liabilities$6,708,563
Net Assets$1,705,716

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$60M$40M$20M$0-$20MExpenses 2010: $941,6682010Expenses 2011: $842,1212011Expenses 2012: $939,0602012Expenses 2013: $1,261,9292013Revenue 2014: $1,869,162Expenses 2014: $1,576,356Net Income 2014: $292,8062014Revenue 2015: $1,527,452Expenses 2015: $1,586,270Net Income 2015: -$58,8182015Revenue 2016: $3,497,374Expenses 2016: $3,612,957Net Income 2016: -$115,5832016Revenue 2017: $2,708,956Expenses 2017: $2,474,584Net Income 2017: $234,3722017Revenue 2018: $2,152,663Expenses 2018: $2,038,241Net Income 2018: $114,4222018Revenue 2019: $19,831,812Expenses 2019: $20,261,851Net Income 2019: -$430,0392019Revenue 2020: $12,337,129Expenses 2020: $13,034,709Net Income 2020: -$697,5802020Revenue 2021: $16,552,119Expenses 2021: $16,178,508Net Income 2021: $373,6112021Revenue 2022: $22,150,705Expenses 2022: $21,161,184Net Income 2022: $989,5212022Revenue 2023: $38,193,122Expenses 2023: $37,575,628Net Income 2023: $617,4942023Revenue 2024: $40,739,811Expenses 2024: $40,637,611Net Income 2024: $102,2002024

Highlighted filing

2022

Revenue$22,150,705
Expenses$21,161,184
Net Income$989,521
Jump To
Filing Snapshot
Filing Period
Sep 1, 2021 to Aug 31, 2022
Signed
Mar 28, 2023
Return Version
2021v4.2
Gross Receipts
$22,206,714
Mission and Program Overview

Mission

The foundation's mission is to be a world-class pga tour event that maximizes giving to charity while benefiting the community. The foundation's primary fundraising activity is the travelers championship, connecticut's annual pga tour golf tournament. The net proceeds realized by the tournament and other such activities and events are for the benefit of the citizens, social welfare organizations and other institutions of the community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$2,657,762$4,131,717▲ $1,473,955
Savings and Temporary Cash Investments$901,002$2,421,467▲ $1,520,465
Accounts Receivable$706,697$1,412,974▲ $706,277
Pledges and Grants Receivable-$347,000-
Land, Buildings, and Equipment, Net$110,799$73,430▼ $37,369
Prepaid Expenses and Deferred Charges$28,312$27,691▼ $621
Total Assets$4,404,572$8,414,279▲ $4,009,707
Liabilities
Accounts Payable and Accrued Expenses$791,590$4,538,852▲ $3,747,262
Deferred Revenue$2,896,787$2,169,711▼ $727,076
Total Liabilities$3,688,377$6,708,563▲ $3,020,186
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$716,195$1,664,482▲ $948,287
Net Assets With Donor Restrictions-$41,234-
Total Net Assets Fund Balance$716,195$1,705,716▲ $989,521
Total Liabilities and Net Assets / Fund Balance$4,404,572$8,414,279▲ $4,009,707

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$44,071$305,446$349,517
Equipment$29,359$161,176$190,535
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Nathaniel GrubeExecutive Director/secretaryFT$196,536$339,505$536,041
Tara GerberSenior Director Strategy & PartnershipFT$239,787$12,236$252,023
Tara GerberSenior Director Strategy & Partnersh-$139,787$112,236$252,023
Kevin HarringtonSenior Director of OperationsFT$116,775$111,349$228,124
Jason SoucyDirector of Business DevelopmentFT$111,913$29,796$141,709
Kendall K LauderDirector of Client RelationsFT$101,377$15,947$117,324

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
Slate Service GroupSecurity20765 PASEO DE LA RAMBLA, Yorba Linda, CA 92887$400,987
Revenue and Support

Revenue Composition

Contributions and Grants
$9,432,088
Program Service Revenue
$8,090,209
Investment Income
$1,040
Other Revenue
$4,627,368
All Other Contributions
$9,110,572
Change in Net Assets
$989,521

Audited Revenue Reconciliation

Revenue per Audited Statements
$22,150,705
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$239,422
Total Revenue per Audited Statements
$22,390,127
Total Revenue per Form 990
$22,150,705
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$18,265,563
Salaries, Compensation, and Employee Benefits$2,181,254
Grants and Similar Amounts Paid$714,367
Total Fundraising Expense$80,533
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$2,484,214$17,687$5,745$2,507,646
Advertising$1,645,753$1,035$345$1,647,133
All Other Expenses$1,499,820$1,615$7,925$1,509,360
Current Officers, Directors, Trustees, and Key Employees$895,452$141,740$28,348$1,065,540
Other Expenses$903,188--$903,188
Other Salaries and Wages$829,856$26,327$25,890$882,073
Grants to Domestic Orgs$714,367--$714,367
Insurance$93,205$9,532$3,177$105,914
Other Employee Benefits$94,773$7,696$3,302$105,771
Payroll Taxes$93,497$9,006$2,962$105,465
Office Expenses$60,713$7,278$1,076$69,067
Fees for Services Other$34,710$3,039$1,013$38,762
Fees for Services Accounting-$38,095-$38,095
Depreciation Depletion$37,369--$37,369
Pension Plan Contributions$20,159$1,496$750$22,405
Total Functional Expenses$20,816,105$264,546$80,533$21,161,184

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$21,400,606
Expenses per Audited Statements$21,161,184
Total Expenses per Form 990$21,161,184
Expenses Not Reported on Form 990$239,422
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
The Hole in the Wall Gang Fund IncConshohocken, PA501(c)(3)Donation$250,000
Birdies for Charity - VariousPonte Vedra, FL501(c)(3)Donation - Match$208,956
Cobbs Creek FoundationHartford, CT501(c)(3)Donation$100,000
Birdies for the Brave Pga Tour CharitiesSt Louis, MO501(c)(3)Donations$36,180
CONNECTICUT CHILDREN'S--Donation$28,922
Operation ShowerCromwell, CT501(c)(3)Donation$25,000
The First Tee of ConnecticutNew Haven, CT501(c)(3)Donation$11,500
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$56,009
Fundraising Gross Income$34,961
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Charlie Sifford Golf Outing$127,725$20,460$10,668$9,792
LEGO CHILDREN'S GOLF TOURNAMENT$43,552$11,151$2,579$8,572
Total Events$206,477$34,961$56,009$-21,048
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

Signing officer reviews form 990 with the board finance committee director prior to filing.

Form 990, Part VI, Section B, Line 15

The executive director's compensation as well as all staff compensation is reviewed by the personnel committee of the board of directors. An employment contract is recommended to the full board of directors. Compensation is based on comparative pay for other pga tour event executive directors and also on past performance.

Form 990, Part VI, Section C, Line 19

The financial statements and form 990 are available for inspection upon request.

Filing and Contact Details

Filer

Filer Name
Greater Hartford Community
EIN
42-1684133
Phone
8605026800
Address
90 STATE HOUSE SQUARE 11TH FL, HARTFORD, CT 06103
Doing Business As
The Travelers Championship

Signing Officer

Name
Nathan Grube
Title
Executive Director
Phone
8605026800
Signed
2023-03-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Nathan Grube
Formed
2005
Legal Domicile
Ct
Voting Board Members
19
Independent Board Members
18
Employees
14
Volunteers
1,700

Preparer

Firm
Cohnreznick Llp
Address
350 CHURCH STREET 12TH FLOOR, HARTFORD, CT 06103
Preparer
Patricia Mcgowan
Phone
9592007000
Supplemental Narrative

Additional Explanations

FORM 990 PART XII LINE 2C:

There have been no changes made to the organization's oversight or selection process during the tax year.

Financial Statement Notes

PART X, LINE 2:

The foundation's federal and state informational returns prior to fiscal year 2019 are closed and management continually evaluates expiring statutes of limitations, audits, proposed settlements, changes in tax law and new authoritative rulings. The foundation has no unrecognized tax benefits at august 31, 2022 and 2021. If the foundation had unrelated business income taxes, it would recognize interest and penalties associated with any tax matters as part of the income tax provision and include accrued interest and penalties with the related tax liability in the statements of financial position.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Fundraising events 56,009.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Fundraising events 56,009.

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IRS990/Form990PartVIISectionAGrp/PersonNm4CHRIS DAILEY
IRS990/Form990PartVIISectionAGrp/PersonNm5CHRISTOPHER MOTL
IRS990/Form990PartVIISectionAGrp/PersonNm6DANIEL E KLEINMAN ESQ
IRS990/Form990PartVIISectionAGrp/PersonNm7DAVID GRIGGS
IRS990/Form990PartVIISectionAGrp/PersonNm8DIANE BENGSTON
IRS990/Form990PartVIISectionAGrp/PersonNm9DONALD ALLAN JR
IRS990/Form990PartVIISectionAGrp/PersonNm10GLENN SIEBER
IRS990/Form990PartVIISectionAGrp/PersonNm11GREGORY M JONES
IRS990/Form990PartVIISectionAGrp/PersonNm12JANICE WALSH
IRS990/Form990PartVIISectionAGrp/PersonNm13JOHN A GREEN
IRS990/Form990PartVIISectionAGrp/PersonNm14KARL KRAPEK
IRS990/Form990PartVIISectionAGrp/PersonNm15MICHAEL WHEELER
IRS990/Form990PartVIISectionAGrp/PersonNm16NATHANIEL GRUBE
IRS990/Form990PartVIISectionAGrp/PersonNm17PATRICK KINNEY
IRS990/Form990PartVIISectionAGrp/PersonNm18PATRICK MURPHY
IRS990/Form990PartVIISectionAGrp/PersonNm19PETER HEARD
IRS990/Form990PartVIISectionAGrp/PersonNm20REGINALD J EADIE MD MBA
IRS990/Form990PartVIISectionAGrp/PersonNm21KEVIN HARRINGTON
IRS990/Form990PartVIISectionAGrp/PersonNm22TARA GERBER
IRS990/Form990PartVIISectionAGrp/PersonNm23JASON SOUCY
IRS990/Form990PartVIISectionAGrp/PersonNm24KENDALL K LAUDER
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt21196775
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt22239787
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt24101377
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt240
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8OUTGOING DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16EXECUTIVE DIRECTOR/SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt17OUTGOING DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21SENIOR DIRECTOR OF OPERATIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt22SENIOR DIRECTOR STRATEGY & PARTNERSHIP
IRS990/Form990PartVIISectionAGrp/TitleTxt23DIRECTOR OF BUSINESS DEVELOPMENT
IRS990/Form990PartVIISectionAGrp/TitleTxt24DIRECTOR OF CLIENT RELATIONS
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr02005
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt0171516
IRS990/FundraisingDirectExpensesAmt056009
IRS990/FundraisingGrossIncomeAmt034961
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt019
IRS990/GovernmentGrantsAmt0150000
IRS990/GrantAmt0714367
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0714367
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0714367
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt022206714
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt018
IRS990/IndivRcvdGreaterThan100KCnt05
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/FundraisingAmt03177
IRS990/InsuranceGrp/ManagementAndGeneralAmt09532
IRS990/InsuranceGrp/ProgramServicesAmt093205
IRS990/InsuranceGrp/TotalAmt0105914
IRS990/InvestmentIncomeGrp/ExclusionAmt01040
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01040
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt01
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0466622
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0110799
IRS990/LandBldgEquipBasisNetGrp/EOYAmt073430
IRS990/LandBldgEquipCostOrOtherBssAmt0540052
IRS990/LegalDomicileStateCd0CT
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE FOUNDATION'S MISSION IS TO BE A WORLD-CLASS PGA TOUR EVENT THAT MAXIMIZES GIVING TO CHARITY WHILE BENEFITING THE COMMUNITY. THE FOUNDATION'S PRIMARY FUNDRAISING ACTIVITY IS THE TRAVELERS CHAMPIONSHIP, CONNECTICUT'S ANNUAL PGA TOUR GOLF TOURNAMENT. THE NET PROCEEDS REALIZED BY THE TOURNAMENT AND OTHER SUCH ACTIVITIES AND EVENTS ARE FOR THE BENEFIT OF THE CITIZENS, SOCIAL WELFARE ORGANIZATIONS AND OTHER INSTITUTIONS OF THE COMMUNITY.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0716195
IRS990/NetAssetsOrFundBalancesEOYAmt01705716
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-21048
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-21048
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0716195
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01664482
IRS990/NoncashContributionsAmt018800
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt05745
IRS990/OccupancyGrp/ManagementAndGeneralAmt017687
IRS990/OccupancyGrp/ProgramServicesAmt02484214
IRS990/OccupancyGrp/TotalAmt02507646
IRS990/OfficeExpensesGrp/FundraisingAmt01076
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt07278
IRS990/OfficeExpensesGrp/ProgramServicesAmt060713
IRS990/OfficeExpensesGrp/TotalAmt069067
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt03302
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt07696
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt094773
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0105771
IRS990/OtherExpensesGrp/Desc0PRIZE MONEY
IRS990/OtherExpensesGrp/Desc1CORPORATE HOSPITALITY
IRS990/OtherExpensesGrp/Desc2TOURNAMENT WEEK
IRS990/OtherExpensesGrp/Desc3SPONSORS AND SOCIALS
IRS990/OtherExpensesGrp/ProgramServicesAmt08300000
IRS990/OtherExpensesGrp/ProgramServicesAmt11791756
IRS990/OtherExpensesGrp/ProgramServicesAmt21317273
IRS990/OtherExpensesGrp/ProgramServicesAmt3903188
IRS990/OtherExpensesGrp/TotalAmt08300000
IRS990/OtherExpensesGrp/TotalAmt11791756
IRS990/OtherExpensesGrp/TotalAmt21317273
IRS990/OtherExpensesGrp/TotalAmt3903188
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt088416
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt088416
IRS990/OtherRevenueTotalAmt088416
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt025890
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt026327
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0829856
IRS990/OtherSalariesAndWagesGrp/TotalAmt0882073
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt02962
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt09006
IRS990/PayrollTaxesGrp/ProgramServicesAmt093497
IRS990/PayrollTaxesGrp/TotalAmt0105465
IRS990/PensionPlanContributionsGrp/FundraisingAmt0750
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt01496
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt020159
IRS990/PensionPlanContributionsGrp/TotalAmt022405
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0347000
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt028312
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt027691
IRS990/PrincipalOfficerNm0NATHAN GRUBE
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0711300
IRS990/ProgramServiceRevenueGrp/Desc0EVENT REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt08090209
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt08090209
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt07087695
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0547082

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$11.9$9.52$2.43$40.7$40.6$0.10
2023Detailed filing. Detailed filing data is available for this year.$9.27$6.95$2.32$38.2$37.6$0.62
2022Detailed filing. Detailed filing data is available for this year.$8.41$6.71$1.71$22.2$21.2$0.99
2021Detailed filing. Detailed filing data is available for this year.$4.40$3.69$0.72$16.6$16.2$0.37
2020Detailed filing. Detailed filing data is available for this year.$4.97$4.63$0.34$12.3$13.0$0.70
2019Detailed filing. Detailed filing data is available for this year.$6.78$5.74$1.04$19.8$20.3$0.43
2018Detailed filing. Detailed filing data is available for this year.$9.17$7.70$1.47$2.15$2.04$0.11
2017Detailed filing. Detailed filing data is available for this year.$5.28$3.93$1.36$2.71$2.47$0.23
2016Detailed filing. Detailed filing data is available for this year.$8.61$7.49$1.12$3.50$3.61$0.12
2015Detailed filing. Detailed filing data is available for this year.$5.35$4.12$1.24$1.53$1.59$0.06
2014Detailed filing. Detailed filing data is available for this year.$5.16$3.86$1.30$1.87$1.58$0.29
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.83$3.83$1.00$1.26
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.55$3.91$0.64$0.94
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.68$3.56$0.12$0.84
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.96$3.48$0.52$0.94