Tftsp Youth Golf Council St Petersburg Florida Inc
- Assets
- $1.9m
- Revenue
- $962.7k
- Investments
- $0.0
- Employees
- 23
- Location
- St Petersburg, FL
- Founding
- 01/2010
- Data as of
- 12/2023
- EIN
- 27-0855397
Organization Overview
Tftsp Youth Golf Council St Petersburg Florida Inc is located in St Petersburg, FL. The organization was established in 2010. According to its NTEE Classification (N6A) the organization is classified as: Golf, under the broad grouping of Recreation & Sports and related organizations. As of 12/2023, Tftsp Youth Golf Council St Petersburg Florida Inc employed 23 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tftsp Youth Golf Council St Petersburg Florida 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 12/2023, Tftsp Youth Golf Council St Petersburg Florida Inc generated $962.7k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 9.0% each year. All expenses for the organization totaled $897.3k during the year ending 12/2023. While expenses have increased by 14.3% per year over the past 8 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
ARE TO POSITIVELY IMPACT THE YOUTH OF OUR COMMUNITIES BY PROVIDING A LEARNING ENVIRONMENT AND EDUCATIONAL PROGRAMS THAT PROMOTE CHARACTER DEVELOPMENT AND LIFE-ENHANCING VALUES THROUGH THE GAME OF GOLF, WHILE ENSURING FAIR ACCESS FOR ALL CHILDREN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AT THE FIRST TEE OF ST. PETERSBURG WE SERVE APPROXIMATELY 1,200 YOUTHS EACH YEAR AND OUR PROGRAM CONSISTS OF A DIVERSE GROUP OF YOUNG PEOPLE. APPROXIMATELY 35% OF OUR PARTICIPANTS ARE MINORITY AND 35% ARE FEMALE. OF OUR 1,200 PLUS YOUTHS, APPROXIMATELY 30% ARE CONSIDERED "AT RISK" AS THEY WILL HAVE TO OVERCOME AT LEAST ONE MAJOR OBSTACLE TO BECOME FINE CITIZENS OF OUR COMMUNITY. THESE OBSTACLES MAY INCLUDE BUT ARE NOT LIMITED TO: POVERTY, BROKEN HOMES, SINGLE PARENT HOMES, LEARNING DISABILITIES, ETC. THE FIRST TEE PROGRAMS ARE OFFERED TWELVE MONTHS A YEAR AND INCLUDE: TARGET CLINICS, PRACTICE & PLAY SCHOOL PROGRAMS, SATURADY HALF-DAY PROGRAMS, FULL AND HALF DAY SUMMER CAMPS, TOURNAMENTS, IN-SCHOOL PROGRAMS, LEAGUES, OUTREACH PROGRAMS, A MIDDLE SCHOOL COMPETITIVE PROGRAM, INNER CITY PROGRAMS THROUGH LOCAL CHURCHES, SCHOOLS, YOUTH ORGANIZATIONS, SPECIAL OLYMPICS AND ACADEMY PREP CENTER FOR LEARNING. OUR ULTIMATE LONG-TERM AND ONGOING GOAL IS TO SEE THE YOUTH WHO PARTICIPATE IN THE PROGARM BECOME THE GREAT FUTURE LEADERS OF THE COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rick Waltman Executive Di | Trustee | 40 | $93,039 |
Tom Charlton Program Dire | Trustee | 40 | $86,642 |
Adam Stuck Business Dev | Trustee | 40 | $80,789 |
Norman Baker Secretary | OfficerTrustee | $0 | |
Winston Ball Director | Trustee | $0 | |
Steve Barlow Director | Trustee | $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 | $547,344 |
| Noncash contributions included in lines 1a–1f | $285,857 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $547,344 |
| Total Program Service Revenue | $166,539 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $211,312 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $962,653 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $445,371 |
| Pension plan accruals and contributions | $25,798 |
| Other employee benefits | $0 |
| Payroll taxes | $34,167 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $542 |
| Fees for services: Accounting | $21,997 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $1,744 |
| Information technology | $7,167 |
| Royalties | $0 |
| Occupancy | $63,142 |
| Travel | $9,067 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $24,010 |
| Insurance | $40,762 |
| All other expenses | $21,858 |
| Total functional expenses | $897,314 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $528,516 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $10,358 |
| Net Land, buildings, and equipment | $706,176 |
| Investments—publicly traded securities | $428,190 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $270,728 |
| Total assets | $1,943,968 |
| Accounts payable and accrued expenses | $34,495 |
| Grants payable | $0 |
| Deferred revenue | $58,768 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $93,263 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $841,900 |
| Retained earnings, endowment, accumulated income, or other funds | $1,008,805 |
| Total liabilities and net assets/fund balances | $1,943,968 |