Button Hole EIN 05-0497481

Button Hole FY2021 filing

EIN  05-0497481 Public charity (501(c)(3)) Providence, RI Founded 2001
Form 990 (PDF)
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →
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Verified accurate 9/13/26 · see original filing: IRS
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Size
$1–10M
What they do
Develops young people's character and life skills through golf programs and facilities.
Leadership
Donald Wright · Executive Director · $79K
Money in and out
$1.3M revenue, $978K expenses
Bottom line
75% program efficiency

Develops young people's character and life skills through golf programs and facilities. For fiscal year 2021 it reported $1.3M in revenue, $978K in expenses, and $5.3M in net assets.Pt I

Where the money goes · FY2021
Total revenue
$1.3M
Pt VIII · Ln 12
Total expenses
$978K
Pt IX · Ln 25
Net assets
$5.3M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $306K
Where spending went · Part IX cols B–D
Program services $0.75 Management & general $0.11 Fundraising $0.14
Program efficiency
75%
of spending reaches programs
Operating runway
19.4mo
months of highly liquid reserves at operating expense rate
Surplus margin
+24%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$1.3M
FY2021▲ +14%
Expenses
$978K
FY2021▲ +31%
Total assets
$5.3M
FY2021▲ +11%
Total liabilities
$69K
FY2021▼ -30%
Total revenue
$1.3M
Pt VIII · Ln 12
Total expenses
$978K
Pt IX · Ln 25
Net assets
$5.3M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$306K
Total assetsPt X · Ln 16$5.3M
Program-expense ratioPt IX · col B75%
Voting members of governing bodyPt I · Ln 318
Independent voting membersPt I · Ln 418
Mission & Programs · Part III

Where the work happens

1 program service account for $736K of program spending, described in the organization's own filed words · FY2020.
01

Regardless of race and economic background, button hole strives to break the financial and social barriers to the game of GOLF.IN 2020 and prior to the covid pandemic in march button hole reached out to two schools and 620 kids through the local providence elementary schools as a part of their physical education requirements and taught…

$736Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CButton Hole
EINHdr · item D05-0497481
Principal addressHdr · item CProvidence, RI
WebsiteHdr · item Jwww.buttonhole.org
Year of formationHdr · item L2001
State of legal domicileHdr · item MRI
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFRecreation & Sports (N30)
Ruling yearIRS BMFAug 1998

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a18
Independent voting membersPt VI · Ln 1b18
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Executive Director
$78,704Pt VII · Sec A
Director
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Donald Wright’s $84K as Executive Director is at the 24th percentile of top reported officer pay among 1841 $1–10M recreation & sports nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2024FY2023FY2022FY2021FY2020
Donald Wright$84,330$97,179$90,825$86,955$78,704$83,275

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants$704K · 55%
Program service revenue$459K · 36%
Other revenue$120K · 9%
Contributions & grants55%$704K
Program service revenue36%$459K
Other revenue9%$120K
— government grantsLn 1e$76K
Total revenueLn 12$1.3M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.75 Management & general $0.11 Fundraising $0.14
Program services75%$736K
Management & general11%$105K
Fundraising14%$136K
Total functional expensesLn 25$978K

Balance Sheet

Part X · end of year
CashLn 1$669K
Total assetsLn 16$5.3M
Total liabilitiesLn 26$69K
Total net assetsLn 32$5.3M
Months of cash on handcomputed8.2

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $1.6M · Operating expenses/yr $978K
19.4 months
Where the money goes
Program services
Program services $736K · Total expenses $978K
75%
Management & General
Management & general $105K · Total expenses $978K
11%
Fundraising
Fundraising $136K · Total expenses $978K
14%
Cost to raise $1
Fundraising expense (2-yr avg) $123K · Solicited contributions (2-yr avg) $543K
$0.23 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $704K · Total revenue $1.3M
55%
Government reliance
Government grants $76K · Total revenue $1.3M
6%
Earned-income share
Program service revenue $459K · Total revenue $1.3M
36%
Investment reliance
Investment income $-13K · Total revenue $1.3M
-1%
Program self-sufficiency
Program service revenue $459K · Total expenses $978K
47%
Growth & trend
Revenue growth (YoY)
This year $1.3M · Prior year $1.1M
+14%
Net-asset trend (YoY)
End of year $5.3M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $1.3M · Expenses $978K
+24%
Liabilities-to-Assets
Total liabilities — · Total assets $5.3M
Net-asset ratio
Net assets $5.3M · Total assets $5.3M
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) $913K · Total assets (Pt X, ln 16) $5.3M
17%
People & payroll
Highest Reported Total Compensation
Individual Donald Wright · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $79K · Total expenses $978K
8%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $576K · Total expenses $978K
59%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 75%
Overhead ratio 11%
Fundraising cost ratio 19%
Revenue growth 14%
Investment management fee ratio 0%
Accounting fee ratio 1%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 2 funders$12K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024$1.5M revenue · ⤓ 990 PDF
FY2023$1.5M revenue · ⤓ 990 PDF
FY2022$1.3M revenue · ⤓ 990 PDF
FY2021$1.3M revenue · viewing · ⤓ 990 PDF
FY2020$1.1M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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