Pga Financial Assistance Fund Inc

Organization Overview

Pga Financial Assistance Fund Inc is located in Frisco, TX. The organization was established in 1994. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pga Financial Assistance Fund Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 03/2023, Pga Financial Assistance Fund Inc generated $809.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.3% each year. All expenses for the organization totaled $399.5k during the year ending 03/2023. While expenses have increased by 3.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

THE ORGANIZATION'S PRIMARY EXEMPT PURPOSE IS TO ENCOURAGE & PROMOTE THE ATTAINMENT OF HIGHER EDUCATIONAL GOALS BY AWARDING SCHOLARSHIPS BASED ON A HIGH LEVEL OF ACADEMIC ACHIEVEMENT. IN ADDITION, THE ORGANIZATION'S PURPOSE IS TO PROVIDE TEMPORARY FINANCIAL AID TO THOSE IN DIRE FINANCIAL NEED USUALLY AS A RESULT OF AN ACCIDENT OR SUDDEN ILLNESS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SCHOLARSHIP PROGRAMS - AS DETAILED ON SCHEDULE I, NUMEROUS INDIVIDUALS WERE GRANTED SCHOLARSHIPS TO ATTEND VARIOUS COLLEGES AND UNIVERSITIES AS A RESULT OF THEIR HIGH ACADEMIC ACHIEVEMENTS.


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Board, Officers & Key Employees

Name (title)Compensation
Seth Waugh
CEO
$0
John Easterbrook
Cmo
$0
Rhona Aime
CFO
$0
Henry Smokler
General Coun
$0
Sandra Cross
Cpo
$0
George Whitaker
Senior Direc
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$187,541
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$187,541
Total Program Service Revenue$0
Investment income $157,263
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $464,926
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $809,730

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