Usga Foundation is a 501(c)(3) organization based in Liberty Cor, New Jersey, registered in 2020, with $5,592,408 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$5.6M
▼ 24.4% vs prior year
Recreation median: $129K
Expenses (FY2024)
$3.6M
Net assets
$11.8M
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Usga Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Usga Foundation: 39 mo reserves · +35% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Usga Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Usga Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $1.3M (FY2020) to $5.6M (FY2024) across 5 reported years.
Financial snapshot
Operating margin
35.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$42.2M
Total liabilities
$30.4M
Net assets
$11.8M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $5,592,408▼24.4% | $3,614,036▲22.7% | $11,788,352▲22.3% | $42,194,147▲43.1% | 990 |
| 2023 | $7,397,236▲27.1% | $2,946,207▲19.7% | $9,642,319▲155% | $29,493,752▲104% | 990 |
| 2022 | $5,818,948▲40.2% | $2,461,887▼12.2% | $3,775,136▲323% | $14,461,419▲152% | 990 |
| 2021 | $4,151,896▲231% | $2,803,193▲64.7% | $892,184▲300% | $5,745,088▲327% | 990 |
| 2020 | $1,255,913 | $1,701,577 | -$445,664 | $1,346,250 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
19 grants to Usga Foundation totaling $981K, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| The Community Fdn of Middle Tn Inc | To support the walker cup and curtis cup endowment | 2024 | $500,000 |
| Tulsa Community Foundation | General operations | 2024 | $101,250 |
| American Endowment Foundation | Educational | 2024 | $39,250 |
| Toledo Community Foundation | Support for junior golfers, national training, coaching, and team development. | 2024 | $25,000 |
| National Christian Charitable Foundation | Giving and generosity | 2024 | $20,000 |
| Mile High United Way Inc | Other | 2024 | $15,000 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $15,000 |
| Mile High United Way Inc | Other | 2024 | $15,000 |
| Columbus Foundation | Advancing philanthropy | 2024 | $10,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $71,037 |
| American Endowment Foundation | Educational | 2023 | $27,750 |
| The Chicago Community Trust | General support for programs, operations and other charitable purposes | 2023 | $15,000 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2023 | $10,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $37,472 |
| American Endowment Foundation | Educational | 2022 | $5,500 |
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Data for Usga Foundation (EIN 83-4639721) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.