Skip to main content

Nonprofit · EIN 65-0443262

PGA FINANCIAL ASSISTANCE FUND INC

Tax-exempt · FRISCO, TX 75033

Financials

$810K$400K2022$722K$430K2023$1.1M$430K2024
Revenue Expenses · by fiscal year end
Financials of PGA FINANCIAL ASSISTANCE FUND INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
March 31, 2025990$1,117,773$429,508$688,265$8,845,054$6,806$8,838,248
March 31, 2024990$721,822$429,561$292,261$9,234,008$978,348$8,255,660
March 31, 2023990$809,730$399,543$410,187$7,947,190$802,106$7,145,084
Financial details: 990 for the year ended March 31, 2025

Revenue

Contributions, gifts and grants
$170,046
Program service revenue
$0
Investment income
$947,727
Net gain from sales of assets
$704,768
Other revenue
$0

Expenses

Grants and similar amounts paid
$400,000
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$417,500
Management and general (functional)
$12,008

Balance sheet and other

Total assets, start of year
$9,234,008
Total assets, end of year
$8,845,054
Total liabilities, end of year
$6,806
Net assets, end of year
$8,838,248
Publicly traded securities
$8,844,504
Net assets without donor restrictions
$8,838,248
Gross receipts
$1,117,773
Employees
0
Volunteers
0
Year formed
1993
State of legal domicile
FL

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended March 31, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
Seth WaughCEO
Trustee or director, Officer
1$0$3,897,897$7,044
Craig KesslerCOO
Officer
1$0$1,318,995$59,210
John EasterbrookCMO
Key employee
1$0$1,083,006$39,339
Henry SmoklerGeneral Counsel
Officer
1$0$747,264$47,970
John ConnellyCFO
Officer
1$0$590,177$17,276
Sandra CrossCPO
Highest-paid employee
1$0$508,835$40,827
Kevin ScottCTO
Highest-paid employee
1$0$513,115$34,513
Drew BlasbandSD
Highest-paid employee
1$0$381,579$63,795
Jeffrey BloomFP&B Controller
Highest-paid employee
1$0$334,304$55,101
Diane PatzSenior Director
Highest-paid employee
1$0$328,819$51,695
John LindertPast President
Former
0$0$110,814$0
Nathan CharnesVice President
Trustee or director, Officer
1$0$87,774$0
Don ReaPresident
Trustee or director, Officer
1$0$81,477$0
Eric EshlemanSecretary
Trustee or director, Officer
1$0$10,935$0
Derek SpragueCEO
Officer
1$0$5,230$0
990 for the year ended March 31, 2024: 14 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
SETH WAUGHCEO
Trustee or director, Officer
1$0$3,806,270$54,252
JOHN EASTERBROOKCMO
Key employee
1$0$1,049,707$67,452
HENRY SMOKLERGENERAL COUN
Officer
1$0$880,443$70,752
CRAIG KESSLERCOO
Officer
1$0$840,721$26,101
RHONA AIMECFO
Officer
1$0$674,799$53,817
SANDRA CROSSCPO
Highest-paid employee
1$0$534,273$37,361
KEVIN SCOTTCTO
Highest-paid employee
1$0$509,832$33,000
DREW BLASBARDSD
Highest-paid employee
1$0$364,742$60,577
JEFFREY BLOOMFP&B CONTROL
Highest-paid employee
1$0$321,692$52,615
DIANE PATZSENIOR DIREC
Highest-paid employee
1$0$315,397$49,422
JOHN LINDERTPRESIDENT
Trustee or director, Officer
1$0$106,355$0
DON REAVICE PRESIDE
Trustee or director, Officer
1$0$97,814$0
NATHAN CHARNESSECRETARY
Trustee or director, Officer
1$0$81,298$0
JOHN CONNELLYCFO
Officer
1$0$80,298$4
990 for the year ended March 31, 2023: 13 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
SETH WAUGHCEO
Trustee or director, Officer
1$0$3,138,041$49,559
JOHN EASTERBROOKCMO
Key employee
1$0$1,351,117$62,078
RHONA AIMECFO
Officer
1$0$677,458$50,701
HENRY SMOKLERGENERAL COUN
Officer
1$0$636,626$65,661
SANDRA CROSSCPO
Highest-paid employee
1$0$472,502$33,672
GEORGE WHITAKERSENIOR DIREC
Highest-paid employee
1$0$424,380$54,824
KEVIN SCOTTCTO
Highest-paid employee
1$0$399,155$30,525
KEVIN RINGCRO
Former
1$0$420,823$4,162
JEFFREY BLOOMFP&B CONTROL
Highest-paid employee
1$0$322,282$49,951
DIANE PATZSENIOR DIREC
Highest-paid employee
1$0$314,841$46,511
JOHN LINDERTPRESIDENT
Trustee or director, Officer
1$0$107,181$0
DON REAVICE PRESIDE
Trustee or director, Officer
1$0$84,067$0
NATHAN CHARNESSECRETARY
Trustee or director, Officer
1$0$9,840$0

Address and contacts

Address (IRS master file)
1916 PGA PKWY, FRISCO, TX 75033-0819
In care of
% TERRY CLARK
Principal officer (990 for 2024)
Derek Sprague, 1916 PGA Parkway, Frisco, TX 75033
Signed the 990
John Connelly, CFO
Phone
(561) 624-8400

Mission

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.

990 for the year ended March 31, 2025

Program accomplishments

  • 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.
    Expenses $417,500 · grants $400,000

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in March, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025March 31, 2026August 17, 2026Not on file
2024March 31, 2025August 15, 2025990 on file
2023March 31, 2024August 15, 2024990 on file

IRS record

EIN
65-0443262
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1994
Accounting year ends
March
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B82Z)
Assets (IRS master file)
$8,845,054
Income (IRS master file)
$1,117,773

Filing history

FormYear endedRevenueExpensesAssetsReturn
990March 2025$1,117,773$429,508$8,845,054XML
990March 2024$721,822$429,561$9,234,008XML
990March 2023$809,730$399,543$7,947,190XML
990March 2022$922,761$435,553$8,307,726IRS
990March 2021–––IRS
990March 2020–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 65-0443262).

Questions about PGA FINANCIAL ASSISTANCE FUND INC

What is the EIN of PGA FINANCIAL ASSISTANCE FUND INC?
The employer identification number (EIN) of PGA FINANCIAL ASSISTANCE FUND INC is 65-0443262.
Is PGA FINANCIAL ASSISTANCE FUND INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1994.
Are donations to PGA FINANCIAL ASSISTANCE FUND INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does PGA FINANCIAL ASSISTANCE FUND INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of PGA FINANCIAL ASSISTANCE FUND INC due?
The return for tax year 2025 (the year ending March 31, 2026) is due August 17, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did PGA FINANCIAL ASSISTANCE FUND INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended March 2025.
Who is the principal officer of PGA FINANCIAL ASSISTANCE FUND INC?
The 990 for the year ended March 31, 2025 names Derek Sprague.
Who are the officers and directors of PGA FINANCIAL ASSISTANCE FUND INC?
The 990 for the year ended March 31, 2025 lists 15 people; 0 received compensation from the organization.
How much revenue does PGA FINANCIAL ASSISTANCE FUND INC have?
On its 990 for the year ended March 31, 2025 it reported revenue of $1,117,773, expenses of $429,508 and total assets of $8,845,054 at year end.

Other nonprofits in FRISCO

All nonprofits in FRISCO · Texas · Education