METROPOLITAN GOLF ASSOCIATION FOUNDATION
Income Statement
Fiscal Year Start:
Nov 1
Revenues in 2025
$255,686
Contributions
75%
Investments
22%
Program Services
2%
Other
1%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2025
$87,762
Other
48%
Offices, Occupancy & IT
27%
Depreciation
13%
Salaries & Benefits
6%
Grants
6%
Benefits to Members
0%
Fees to Service Providers
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2024
2025
Change
Contributions
$2,045,387
$191,128
-91%
Government Grants
$0
$0
-
Fundraising Events
$117,400
$0
-100%
Program Services
$499,283
$5,818
-99%
Membership Dues
$0
$0
-
Investments
$308,200
$55,249
-82%
Other
$267,521
$3,491
-99%
Total Revenues
$3,237,791
$255,686
-92%
Expenses
2024
2025
Change
Grants
$0
$5,000
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,163,326
$5,467
-100%
Fees to Service Providers
$12,100
$0
-100%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$143,532
$23,931
-83%
Interest
$0
$0
-
Depreciation
$67,028
$11,171
-83%
Other
$446,743
$42,193
-91%
Total Expenses
$1,832,729
$87,762
-95%
Net income
2024
2025
Change
Net income
+$1,405,062
+$167,924
-88%
Functional Expenses
Summary
2024
2025
Change
Program
$1,494,124
$67,052
-96%
Admin
$173,608
$9,139
-95%
Fundraising
$164,997
$11,571
-93%
Total Expenses
$1,832,729
$87,762
-95%
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