Ligcsa INC FY2024 filing

Wading River, NY · Business league / trade association · Community Development

! Not tax-deductible Latest data FY2024
Revenue
$252K
▲ +8% vs prior year
Spent
$248K
To programs
93%
Net assets
$28K
By yearFY2022–FY2025
Revenue
$252K
FY2024▲ +8%
Revenue by fiscal year
FY2022$275K
FY2023$235K
FY2024$252K
FY2025$267K
Expenses
$248K
FY2024▼ -6%
Expenses by fiscal year
FY2022$225K
FY2023$264K
FY2024$248K
FY2025$218K
Net assets
$28K
FY2024▲ +18%
Net assets by fiscal year
FY2022$52K
FY2023$23K
FY2024$28K
FY2025$77K
You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →

Form 990 for the fiscal year ending December 2024 (IRS tax year 2024).

Status and standing

Tax-deductible?
No
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Yes — filed FY2025
Foundation funders?
Not on file
Spent on programs?
93% to programs
Form 990 Part IX, latest filing.
Size and trend
$100K–1M
↑ +8% vs prior year
Legal name (IRS)Hdr · item CLigcsa INC
EINHdr · item D84-3532762
Exempt statusHdr · item I501(c)(6) · active
Ruling yearIRS BMFMay 2021
Latest filingForm 990FY2025 · Form 990
Principal addressHdr · item CWading River, NY
NTEE classificationIRS BMFCommunity Development (S41)
WebsiteHdr · item Jligcsa.com

Where the money goes

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.93 Management & general $0.07
Program services93%$231K
Management & general7%$17K
Total functional expensesLn 25$248K

Financial health

Operating surplus
+2%
revenue over expenses
Earned revenue
21%
of revenue from program services & dues
Program spending
93%
of expenses reach member services

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Total assets
$42K
FY2024▼ -32%
Total assets by fiscal year
FY2022$55K
FY2023$61K
FY2024$42K
FY2025$90K
Total liabilities
$14K
FY2024▼ -62%
Total liabilities by fiscal year
FY2022$3K
FY2023$38K
FY2024$14K
FY2025$14K
Revenue less expensesPt I · Ln 19$4K
Total assetsPt X · Ln 16$42K
Program-expense ratioPt IX · col B93%
Voting members of governing bodyPt I · Ln 39
Independent voting membersPt I · Ln 49

Balance Sheet

Part X · end of year
CashLn 1$38K
Total assetsLn 16$42K
Total liabilitiesLn 26$14K
Total net assetsLn 32$28K
Months of cash on handcomputed1.8

Statement of Revenue

Part VIII
Contributions & grants$196K · 78%
Program service revenue$53K · 21%
Other revenue$4K · 1%
Contributions & grants78%$196K
Program service revenue21%$53K
Other revenue1%$4K
Total revenueLn 12$252K

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $38K · Operating expenses/yr $248K
1.8 months
Where the money goes
Program services
Program services $231K · Total expenses $248K
93%
Management & General
Management & general $17K · Total expenses $248K
7%
Fundraising
Fundraising $0 · Total expenses $248K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $833 · Solicited contributions (3-yr avg) $191K
$0.00 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $196K · Total revenue $252K
78%
Government reliance
Government grants — · Total revenue $252K
—
Earned-income share
Program service revenue $53K · Total revenue $252K
21%
Investment reliance
Investment income $0 · Total revenue $252K
0%
Program self-sufficiency
Program service revenue $53K · Total expenses $248K
21%
Growth & trend
Revenue growth (YoY)
This year $252K · Prior year $235K
+8%
Net-asset trend (YoY)
End of year $28K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $252K · Expenses $248K
+2%
Liabilities-to-Assets
Total liabilities — · Total assets $42K
—
Net-asset ratio
Net assets $28K · Total assets $42K
66%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $42K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Kenneth Lochridge · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $248K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $248K
—
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 93%——
Overhead ratio 7%——
Fundraising cost ratio 0%——
Revenue growth 8%——
Legal fee ratio 1%——
Accounting fee ratio 3%——

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.

Leadership and pay

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
See Ligcsa INC executive salaries →

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Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a9
Independent voting membersPt VI · Ln 1b9
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Mission and programs

Promotes golf course superintendents' business interests through education and networking.

Provided by the organization

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Mission & Programs · Part III

Where the work happens

1 program service account for $231K of program spending, described in the organization's own filed words · FY2024.
01

To advance and promote the common business interest of golf course superintendents in the new york metropolitan area including educational opportunities such as conferences, lectures and networking events.

$231Kprogram expense

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Funders

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

Grants

Schedule I · this organization's grantmaking
Grants paid · 2 grants · $26K · 2025–2025
Unitemized GrantFY2025$19,500
Unitemized GrantFY2025$6,000

Filing history

YearRevenueExpensesChangeFiling
FY2025 Latest $267K$218K+6% 990 PDF
FY2024 Viewing $252K$248K+8% 990 PDF
FY2023 $235K$264K-15% 990 PDF
FY2022 $275K$225K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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