Usga Foundation FY2020 filing

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The Usga foundation's primary objective is to provide financial (continued on schedule o).

Form 990 Part I, line 1, FY2020. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 83-4639721) · Dispute this line
501(c)(3) charity; gifts are tax-deductible.
99¢ of each $1 spent went to programs.
$581K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
The latest return is for FY2024, 2 tax years back.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $2.1M a year · 44% of revenue · last 5 filings
A surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
99%
of spending
99% of spending went to programs.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$581K
to officers and key staff · 34% of spending
Pay to officers and key staff is 34% of spending.
Part VII, Section A
2.4 mo
of spending, in cash
Plus $466K in investments, Pt X · Ln 11–13
2.4 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $1K
1 funder names it on their filings.
Funders’ Sch. I, 990-PF
Liabilities
$1.8M
133% of total assets
Liabilities are 133% of assets.
Pt X · Ln 26
Independent board members
3
of 7 voting members
3 of 7 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$1.3M
Spent
$1.7M
To programs
99%
Net assets
−$446K
By yearFY2020–FY2024
Revenue
$1.3M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$1.3M
FY2021$4.2M
FY2022$5.8M
FY2023$7.4M
FY2024$5.6M
Expenses
$1.7M
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$1.7M
FY2021$2.8M
FY2022$2.5M
FY2023$2.9M
FY2024$3.6M
Net assets
−$446K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020−$446K
FY2021$892K
FY2022$3.8M
FY2023$9.6M
FY2024$11.8M

From the FY2020 Form 990 · figures checked against the IRS filing · see the original

You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jun 2020.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $1.7M Management & general 0% · $2K Fundraising 0% · $6K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

8 people listed on the 990; $581K paid to officers and key staff (Part VII, Section A).

Part VII, Section A · reportable compensation
Executive Director & Cpo
$580,518Pt VII · Sec A
Chief Financial Officer
$0Pt VII · Sec A
$0Pt VII · Sec A
Chairman, Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director (thru 02/2020)
$0Pt VII · Sec A

Charlie Pagnam’s $799K as Executive Director & Cpo is at the 100th percentile of top reported officer pay among 1842 $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

NameFY2024FY2023FY2022FY2021FY2020
Charlie Pagnam$799,211$624,371$610,345$602,171$580,518

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.

See Usga Foundation executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Provides financial assistance to support golf's growth and accessibility.

Questions for Usga Foundation

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Your first name shows with your question. Usga Foundation answers here, for everyone.

1 program · $1.7M · in their own filed words · FY2020
01

The usga foundation shall accomplish these purposes by providing financial support to the united states golf association and engaging in programs, activities and projects designed to accomplish the charitable, scientific and educational purposes of the united states golf association to promote and conserve the best interests and the true…

Form 990 Part III, line 4, FY2020. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 83-4639721) · Dispute this line
$1.7Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 1 funder$1K

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$1.3M
Ln 12
Gifts and grantsLn 1h$1.3M
Investment incomeLn 3$2K
Money outPt IX
$1.7M
Ln 25
Programscol B$1.7M
Managementcol C$2K
Fundraisingcol D$6K
Owns and owesPt X
−$446K
net assets · Ln 32
Cash and savingsLn 1–2$338K
Total assetsLn 16$1.3M
LiabilitiesLn 26$1.8M
PeoplePt VI, VII
8
listed · VII A
PaidVII A1
Voting boardVI 1a7
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.3M
Noncash giftsLn 1g$50K
Investment incomeLn 3$2K
Total revenueLn 12$1.3M
Assets in detailPt X, end of year
CashLn 1$338K
Cash and savings togetherLn 1–2$338K
Accounts receivableLn 4$33K
InvestmentsLn 11–13$466K
Other assetsLn 15$509K
Total assetsLn 16$1.3M
LiabilitiesLn 26$1.8M
Net assetsLn 32−$446K
OperationsPt I, VI
EmployeesI 50
VolunteersI 61
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3More from this return
Abroad and in kindSch F, M
Noncash gifts receivedSch M Pt I$50K
EndowmentSch D · Pt V
LineFY20
End of yearLn 1g$402K
AddedLn 1b$402K
SpentLn 1d–1f$0
4Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$0$338K
InvestmentsLn 11–13$466K
Total assetsLn 16$0$1.3M
LiabilitiesLn 26$0$1.8M
Net assetsLn 32$0−$446K
5Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of officers and key staff (Part IX, line 5)Ln 5$678K$678K
Professional fundraising feesLn 11e$6K$6K
Other fees for servicesLn 11g$30K$30K
Advertising and promotionLn 12$16K$16K
Office expensesLn 13$64K$64K
TravelLn 17$12K$12K
Other expenses (24a–d)Ln 24$895K$893K$2K
Total functional expensesLn 25$1.7M$1.7M$2K$6K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 LatestFiled with the IRS Oct 9, 2025 $5.6M$3.6M$2.0M$11.8M 990 PDF
FY2023Filed with the IRS Sep 17, 2024 $7.4M$2.9M$4.5M$9.6M 990 PDF
FY2022Filed with the IRS Sep 13, 2023 $5.8M$2.5M$3.4M$3.8M 990 PDF
FY2021Filed with the IRS Jul 15, 2022 $4.2M$2.8M$1.3M$892K 990 PDF
FY2020 ViewingFiled with the IRS May 19, 2021 $1.3M$1.7M−$446K−$446K 990 PDF

Schedules filed Part IV

A · Public support D · Assets and endowments I · Grants J · Pay M · Noncash O · Explanations
See the full FY2020 990
Part I · Summary $1,255,913 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$1,256,503
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $0$2,014
I-11 Other revenuePrior year $0−$2,604
I-12 Total revenuePrior year $0$1,255,913
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$678,023
I-16a Professional fundraising feesPrior year $0$5,695
I-17 Other expensesPrior year $0$1,017,859
I-18 Total expensesPrior year $0$1,701,577
I-19 Revenue less expensesPrior year $0−$445,664
Part VI · Governance 3 of 7 board members independent, 1 to look at
VI-1a Voting members of the governing body7
VI-1b Independent voting members3
VI-2 Family or business relationship among officers or directorsYes
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $1,255,913 across 6 lines filed
Lines not itemized here account for −$2,753 of total revenue; see the IRS return.
VIII-1f All other contributions, gifts and grants$1,256,503
VIII-1g Noncash contributions (included above)$50,398
VIII-1h Total contributions, gifts and grants$1,256,503
VIII-3 Investment incomeExcluded from tax $2,014$2,014
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $149$149
VIII-12 Total revenueRelated to mission −$2,604 · Unrelated business $0 · Excluded from tax $2,014$1,255,913
Part IX · Statement of functional expenses $1,701,577 across 7 lines filed
IX-5 Pay of officers and key staff (Part IX, line 5)Programs $678,023$678,023
IX-11e Professional fundraising feesFundraising $5,695$5,695
IX-11g Other fees for servicesPrograms $29,995$29,995
IX-12 Advertising and promotionPrograms $16,228$16,228
IX-13 Office expensesPrograms $64,166$64,166
IX-17 TravelPrograms $12,183$12,183
IX-24 Other expenses (24a–d)Programs $892,885 · Management $2,402$895,287
IX-25 Total functional expensesPrograms $1,693,480 · Management $2,402 · Fundraising $5,695$1,701,577
Part X · Balance sheet $1,346,250 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $0$337,801
X-4 Accounts receivable$33,213
X-11 Publicly traded securities$466,124
X-15 Other assetsStart of year $0$509,112
X-16 Total assetsStart of year $0$1,346,250
X-25 Other liabilitiesStart of year $0$1,791,914
X-26 Total liabilitiesStart of year $0$1,791,914
X-27 Net assets without donor restrictionsStart of year $0−$445,664
X-32 Total net assets or fund balancesStart of year $0−$445,664
X-33 Total liabilities and net assetsStart of year $0$1,346,250
Part XI · Reconciliation of net assets −$445,664 net assets at year end
XI-1 Total revenue$1,255,913
XI-2 Total expenses$1,701,577
XI-3 Revenue less expenses−$445,664
XI-4 Net assets at start of year$0
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year−$445,664

Form 990 e-file FY2020 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

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