Annika Foundation EIN 26-3100887 Form 990 (PDF) Claim this org

Annika Foundation FY2020 filing

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Promotes women's golf at all levels and teaches young people. For fiscal year 2020 it reported $792K in revenue, $592K in expenses, and $1.9M in net assets.Pt I

Type
Public foundation / grantmaker · Foundations & Grantmakers
Location
Framingham, MA
Website
annikafoundation.org
Filings
5 on file (2020–2020)
Revenue
$792KFY2020
Expenses
$592K
Net assets
$1.9M
People
15
Filings
5
Updates
0
More identity details & actions ⌄
EIN  26-3100887 Public foundation / grantmaker Framingham, MA
Form 990 (PDF)
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →
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Figures match the IRS filing checked 9/1/26 · see original: IRS
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Size
$1–10M
What they do
Promotes women's golf at all levels and teaches young people.
Leadership
Casey Ceman · Chief Operating Officer · $88K
Money in and out
$792K revenue, $592K expenses
Bottom line
57% program efficiency
Grants paid & assets · FY2020
Total revenue
$792K
Pt VIII · Ln 12
Total expenses
$592K
Pt IX · Ln 25
Net assets
$1.9M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $201K
Where spending went · Part IX cols B–D
Program services $0.57 Management & general $0.32 Fundraising $0.11
Program efficiency
57%
of spending reaches programs
Operating runway
35.3mo
months of highly liquid reserves at operating expense rate
Surplus margin
+25%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$792K
FY2020
Expenses
$592K
FY2020
Total assets
$2.0M
FY2020
Total liabilities
$102K
FY2020
Total revenue
$792K
Pt VIII · Ln 12
Total expenses
$592K
Pt IX · Ln 25
Net assets
$1.9M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$201K
Total assetsPt X · Ln 16$2.0M
Program-expense ratioPt IX · col B57%
Voting members of governing bodyPt I · Ln 313
Independent voting membersPt I · Ln 413
Mission & Programs · Part III

Where the work happens

3 program services account for $335K of program spending, described in the organization's own filed words · FY2020.
01

Other Program Services Includes (1) Annika Cup

Created in 2007, the annika cup is an annual match play competition for 12 of the top female amateur girls in sweden. The tournament integrates training with a competition element. It introduces drills and techniques annika uses. The girls are also split into two teams of six to compete against each other in singles match play.

$225Kprogram expense
02

Annika invitational series offers a unique tournament and educational program for the top junior female golfers. The events are held in the united states, sweden, china and argentina. The purpose of the tournaments is not only to provide junior players with the opportunity to compete against world class competition but also to educate…

$109Kprogram expense
03

Share My Passion Day

This unique event, held in conjunction with lpga*usga girls golf, asks girls (age 6-12) to write an open letter to other girls their age telling them why they love the game of golf. Of the letters submitted, 30 finalists were chosen by annika and the committee to attend the inspirational clinic.

$2Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CAnnika Foundation
EINHdr · item D26-3100887
Principal addressHdr · item CFramingham, MA
WebsiteHdr · item Jannikafoundation.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T22)
Ruling yearIRS BMFApr 2009

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a13
Independent voting membersPt VI · Ln 1b13
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Chief Operating Officer
$87,522Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Robert K Ohno’s $326K as President & CEO is at the 97th percentile of top reported officer pay among 1688 $1–10M philanthropy & grantmaking 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 · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Robert K Ohno$326,162$287,776
Casey Ceman$94,417$105,494$87,522

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$644K · 81%
Program service revenue$86K · 11%
Investment income$28K · 4%
Other revenue$35K · 4%
Contributions & grants81%$644K
Program service revenue11%$86K
Investment income4%$28K
Other revenue4%$35K
Total revenueLn 12$792K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.57 Management & general $0.32 Fundraising $0.11
Program services57%$335K
Management & general32%$192K
Fundraising11%$65K
Total functional expensesLn 25$592K

Balance Sheet

Part X · end of year
CashLn 1$280K
Total assetsLn 16$2.0M
Total liabilitiesLn 26$102K
Total net assetsLn 32$1.9M
Months of cash on handcomputed5.7

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $1.7M · Operating expenses/yr $592K
35.3 months
Where the money goes
Program services
Program services $335K · Total expenses $592K
57%
Management & General
Management & general $192K · Total expenses $592K
32%
Fundraising
Fundraising $65K · Total expenses $592K
11%
Cost to raise $1
Fundraising expense $65K · Solicited contributions $644K
$0.10 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $644K · Total revenue $792K
81%
Government reliance
Government grants — · Total revenue $792K
Earned-income share
Program service revenue $86K · Total revenue $792K
11%
Investment reliance
Investment income $28K · Total revenue $792K
+4%
Program self-sufficiency
Program service revenue $86K · Total expenses $592K
14%
Growth & trend
Revenue growth (YoY)
This year $792K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $1.9M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $792K · Expenses $592K
+25%
Liabilities-to-Assets
Total liabilities — · Total assets $2.0M
Net-asset ratio
Net assets $1.9M · Total assets $2.0M
95%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $1.5M · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $2.0M
74%
People & payroll
Highest Reported Total Compensation
Individual Casey Ceman · Reported title CHIEF OPERATING OFFICER · Highest reported compensation $88K · Total expenses $592K
15%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $197K · Total expenses $592K
33%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 57%
Overhead ratio 32%
Fundraising cost ratio 10%
Investment management fee ratio 0%
Legal fee ratio 0.03%
Accounting fee ratio 7%
Fundraising fee ratio 0%

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 · received and paid
Grants received · FY2025
Total grants receivedfrom 1 funder$10K
Grants paid · 9 grants · $147K · 2021–2024
Unitemized GrantFY2024$51,000
Fairways to Leadership INCFY2024$10,000
Unitemized GrantFY2023$30,000
Fairways to Leadership INCFY2023$10,000
Fairways to Leadership INCFL · FY2022$10,000
Youth on CourseCA · FY2021$6,000

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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 (Latest)$2.6M revenue · ⤓ 990 PDF
FY2023$1.9M revenue · ⤓ 990 PDF
FY2022$1.2M revenue · ⤓ 990 PDF
FY2021$1.2M revenue · ⤓ 990 PDF
FY2020$792K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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