THE CLUB FOUNDATION Charity Report

Public IRS 990 nonprofit record

THE CLUB FOUNDATION

EIN 52-1642692 · Education (B820)

What they do

THE CLUB FOUNDATION WAS FORMED for CHARITABLE and EDUCATIONAL PURPOSES to FOSTER INTELLECTUAL EXCELLENCE IN THE FIELD of CLUB MANAGEMENT. THIS PURPOSE is ACHIEVED BY AWARDING SCHOLARSHIPS or RESEARCH GRANTS to INDIVIDUALS and BY MAKING GIFTS or CONTRIBUTIONS. THE FOUNDATIONS MISSION is to SUPPORT THE ADVANCEMENT of THE CLUB MANAGEMENT PROFESSION THROUGH FUNDING of EDUCATIONAL and TRAINING OPPORTUNITIES for CLUB MANAGERS and STUDENTS and to SERVE AS A VEHICLE to COORDINATE and DISSEMINATE INFORMATION of MUTUAL INTEREST to PRIVATE CLUBS, RESTAURANTS, HOTELS and OTHER SECTORS of THE GOLF, and HOSPITALITY INDUSTRIES.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $65.40 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders18 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

49.79%of revenue went to mission work65.4% of expenses · Program services

19.43%of revenue went to fundraising25.5% of expenses

$76.10spent for every $100 of revenueRevenue covered expenses this year.

6.87%of revenue went to management and office costs9.0% of expenses

$10.28in assets for every $1 spent this yearSome assets cannot be spent right away.

79.5%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $101,400 for JEFFREY D MORGAN FASAE CAE (PRESIDENT). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$881,538

Mission workProgram services$438,95349.79% of revenue65.4% of expenses

ManagementOffice and general costs$60,5856.87% of revenue9.0% of expenses

FundraisingAsking for donations$171,27919.43% of revenue25.5% of expenses

Revenue left after expensesReported annual surplus$210,72123.90% of revenueShown in gray on the chart

Total expenses$670,81776.10% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 65.4% mission · 9.0% management · 25.5% fundraisingTotal expenses: 76.10% of revenue

2023Expense mix: 68.4% mission · 10.9% management · 20.7% fundraisingTotal expenses: 87.23% of revenue

2022Expense mix: 67.1% mission · 11.9% management · 21.0% fundraisingTotal expenses: 83.29% of revenue

2021Expense mix: 68.9% mission · 10.8% management · 20.3% fundraisingTotal expenses: 42.79% of revenue

2020Expense mix: 60.3% mission · 18.3% management · 21.5% fundraisingTotal expenses: 39.81% of revenue

2019Expense mix: 57.2% mission · 12.2% management · 30.5% fundraisingTotal expenses: 73.21% of revenue

2018Expense mix: 72.7% mission · 23.1% management · 4.3% fundraisingTotal expenses: 50.44% of revenue

2017Expense mix: 74.0% mission · 23.3% management · 2.8% fundraisingTotal expenses: 55.03% of revenue

Money in and money out

Revenue$881,538

Expenses$670,817

Annual surplus $210,721 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$438,953 · 65.4% of expenses

Management and office costs$60,585 · 9.0% of expenses

Fundraising$171,279 · 25.5% of expenses

See all reported dollar amounts

Revenue$881,538

Expenses$670,817

Assets$6,896,836

Income$3,769,075

Contributions$701,017

Mission work (program services)$438,953

Fundraising$171,279

Grants given$917,639

Average grant$22,381

Management and general$60,585

Stocks and bonds$1,164,985

Accounting fees$24,100

Investing fees$19,217

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

JEFFREY D MORGAN FASAE CAEPRESIDENT · 5 hrs/week $101,400Base · Other $101,400

JASON TATECFO · 5 hrs/week $28,475Base · Other $28,475

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (18)

JEFFREY D MORGAN FASAE CAEPRESIDENT

JASON TATECFO

KELLY WILLIAMS CCMDIRECTOR

VACHE HAGOPIANDIRECTOR

TODD MARSH CCM CCEVICE CHAIR

TERRA S H WALDRON CCM CCESECRETARY

SUSAN SCHENKEL CCM CCEDIRECTOR

RICHARD LAROCCA CCM CCEDIRECTOR

RANDY RUDER CCM CCETREASURER

PAULA KELLY CCM CCEDIRECTOR

LUANN GIOVANNELLI CCM CAMCHAIR

ADAM HARRISDIRECTOR

JOSEPH KRENN CCM CCEDIRECTOR

JOE MENDEZ CCM CCEDIRECTOR

JANINE BUDZIUS CCM CCEDIRECTOR

FRED PALMER JRDIRECTOR

CHEIKHOU DIAGNEDIRECTOR

BLAINE BURGESS CCM CCEDIRECTOR

About this charity

Recognized since: January 1989
Location: 1733 KING STREET, ALEXANDRIA, VA 22314
County: City of Alexandria
In care of: JASON TATE
Primary officer: JASON TATE, CHIEF FINANCIAL OFFICER

How to reach them

WebsiteVisit the charity’s website Phone(703) 739-9500

Filing and classification

Latest tax year: 2024
Tax period began: November 1, 2024
Return type: 990
Tax preparer: RSM US LLP
NTEE classification: Education (B820)
Grant-giving organization: Yes