Tee It Up for the Troops does not meet the following 5 Standards for Charity Accountability:
Standard 1 (Oversight of Operations and Staff)
Organizations shall have a board of directors that provides adequate oversight of the charity's operations and its staff. Indication of adequate oversight includes, but is not limited to, regularly scheduled appraisals of the CEO's performance, evidence of disbursement controls such as board approval of the budget, fund raising practices, establishment of a conflict of interest policy, and establishment of accounting procedures sufficient to safeguard charity finances.
TIUT does not meet this Standard because its board of directors does not:
- Review the performance of the Chief Executive Officer at least once every two years.
Standard 6 (Board Policy on Effectiveness)
Have a board policy of assessing, no less than every two years, the organization's performance and effectiveness and of determining future actions required to achieve its mission.
TIUT does not meet this Standard because:
- The board of directors does not have a written policy stating that, at least every two years, an appraisal be done assessing the organization’s performance and effectiveness and determining future actions required to achieve its mission.
Standard 7 (Board Approval of Written Report on Effectiveness)
Submit to the organization's governing body, for its approval, a written report that outlines the results of the aforementioned performance and effectiveness assessment and recommendations for future actions.
TIUT does not meet this Standard because:
- The organization has not completed an effectiveness assessment in the last two years.
Standard 14 (Budget)
Have a board-approved annual budget for its current fiscal year, outlining projected expenses for major program activities, fund raising, and administration.
TIUT does not meet this Standard because, when the organization provided 2022 budget information, it indicated that the budget:
- Did not identify total projected program service expenses.
- Did not identify total projected fundraising expenses.
- Did not identify total projected administrative expenses.
Standard 16 (Annual Report)
Have an annual report available to all, on request, that includes: (a) the organization's mission statement, (b) a summary of the past year's program service accomplishments, (c) a roster of the officers and members of the board of directors, (d) financial information that includes (i) total income in the past fiscal year, (ii) expenses in the same program, fund raising and administrative categories as in the financial statements, and (iii) ending net assets.
TIUT does not meet this Standard because:
- The organization states it does not have an annual report covering activities conducted in 2021.
Tee It Up for the Troops meets the remaining 15 Standards for Charity Accountability.
Tee It Up for the Troops (TIUT) reports that it assists disabled veterans and their families along with the families of fallen service members through the provision of grants towards family and caregiver support, PTSD and traumatic brain injury treatment, suicide prevention, housing and homelessness, employment, and sports rehabilitation. The organization's golf charity events raise funds for granting purposes, to raise awareness for the need of disabled troops, and provide rehabilitation activities for disabled veterans. In 2020, TIUT states that it distributed 26 grants.
For the year ended December 31, 2020, Tee It Up for the Troops's program expenses were:
| Program services |
$701,437 |
| Total Program Expenses: |
$701,437 |
-
Chief Executive
Tim Wegscheid, President and Executive Director
-
Compensation*
$127,737
-
Chair of the Board
Thomas Groom
-
Chair's Profession / Business Affiliation
Chief Executive Officer, HealthNexus
-
Board Size
9
-
Paid Staff Size
6
*2020 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
Method(s) Used:
Direct mail appeals, Invitations to fund raising events, Cause- related marketing (affinity credit cards, consumer product sales, etc.), Other
Fundraising costs were 19% of related contributions. (Related contributions, which totaled $1,392,640 are donations received as a result of fundraising activities.)
This organization is tax-exempt under section 501(c) (3) of the Internal Revenue Code.It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
The following information is based on Tee It Up for the Troops's audited financial statements for the year ended December 31, 2020.
| Source of Funds |
| Special events, net |
$920,955 |
| Contributions |
$471,685 |
| Other income |
$2,327 |
| Total Income |
$1,394,967 |
- Programs: 68%
- Fundraising: 25%
- Administrative: 7%
| Total Income |
$1,394,967 |
| Program expenses |
$701,437 |
| Fundraising expenses |
$261,363 |
| Administrative expenses |
$77,050 |
| Other expenses |
$0 |
| Total expenses: |
$1,039,850 |
| Income in Excess of Expenses |
$355,117 |
| Beginning Net Assets |
$538,151 |
| Other Changes In Net Assets |
$0 |
| Ending Net Assets |
$893,268 |
| Total Liabilities |
$148,397 |
| Total Assets |
$1,041,665 |
Note: According to TIUT's 2020 IRS Form 990, the organization received $102,432 in contributed goods and services including golf equipment ($47,060), airplane tickets ($31,757), energy bars ($15,138), media ($5,000), and miscellaneous ($3,477).