Tesori Family Foundation Inc
- Assets
- $569.2k
- Revenue
- $181.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Ponte Vedra Beach, FL
- Founding
- 01/2010
- Data as of
- 12/2021
- EIN
- 27-1153318
Organization Overview
Tesori Family Foundation Inc is located in Ponte Vedra Beach, FL. The organization was established in 2010. According to its NTEE Classification (N12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tesori Family Foundation 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 12/2021, Tesori Family Foundation Inc generated $181.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.5% each year. All expenses for the organization totaled $91.7k during the year ending 12/2021. While expenses have increased by 3.2% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO ACHIEVE GREAT THINGS THROUGH GOD BY LENDING A HELPING HAND, PROVIDING HOPE, AND HEALING HEARTS OF CHILDREN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ALL-STAR KIDS CLINIC PROVIDED 175 CHILDREN WITH SPECIAL NEEDS WITH ONE-ON- ONE GOLF INSTRUCTION FROM COACHES, CADDIES, AND PLAYERS ACROSS THE COUNTRY. PRIVATE CLINICS WERE HELD AT GOLF COURSES IN ARIZONA, FLORIDA, GEORGIA, NORTH CAROLINA, AND MISSISSIPPI.
BUDDY BASKETS, A GIFT PROGRAM, ARE CUSTOMIZED BAGS THAT ARE DELIVERED TO EVERY CHILD BORN WITH DOWN SYDROME IN THE NORTHEAST FLORIDA REGION. THESE BASKETS ARE WORTH ON AVERAGE 1000 EACH.
HOME FOR THE HOLIDAYS - EACH HOLIDAY SEASON GIFTS ARE PURCHASED, WRAPPED, AND DELIVERED TO FAMILIES IN NEED, INCLUDING HOMELESS CHILDREN AND FAMILIES SERVED BY THE EMERGENCY SERVICES AND HOMELESS COALITION OF ST. JOHNS COUNTY AND ST FRANCIS HOUSING CRISIS CENTER.
ISAIAH'S SMILES PROVIDES SMILES AND HUGS THROUGH FELLOWHIP WITH SENIOR RESIDENTS IN LOCAL CARE FACILITIES. NIGHT TO SHINE IS A PROM HELD IN CONJUNCTION WITH OTHER LOCAL ORGANIZATIONS FOR PEOPLE WITH SPECIAL NEEDS. THE EVENT IS HELD SIMULTANEOUSLY AROUND THE WORLD IN MORE THAN 720 HOST CHURCHES ACROSS ALL 50 STATES, 34 COUNTRIES, AND 36 DIFFERENT DENOMINATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Genna Lancaster Executive Di | Trustee | 15 | $36,000 |
Michelle Tesori Vice Preside | OfficerTrustee | 8 | $0 |
Albert P Tesori President | Officer | 1 | $0 |
Ryan Hart Director | Trustee | 0.5 | $0 |
Michael Mcgrath Director | Trustee | 0.5 | $0 |
Frank Stevens Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $41,598 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $141,915 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $183,513 |
| Total Program Service Revenue | $0 |
| Investment income | $5,071 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $14,262 |
| Net Income from Fundraising Events | -$21,663 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $181,192 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $24,585 |
| 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. | $28,800 |
| Compensation of current officers, directors, key employees. | $3,600 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,490 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,925 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,269 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $1,225 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $829 |
| Travel | $400 |
| 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 | $0 |
| Insurance | $825 |
| All other expenses | $374 |
| Total functional expenses | $91,716 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $252,314 |
| Savings and temporary cash investments | $10,379 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $306,461 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $569,154 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $569,154 |
| 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 | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $569,154 |
Grants Awarded
Over the last fiscal year, Tesori Family Foundation Inc has awarded $17,334 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
ALL STAR KIDS CLINIC PURPOSE: PROGRAM AWARDS | $6,500 |
Jacksonville, FL PURPOSE: COVID RELIEF | $5,513 |
Jacksonville, FL PURPOSE: COVID RELIEF | $5,321 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Tesori Family Foundation Inc has recieved totaling $20,250.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $20,250 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Atlanta Braves Foundation Inc Atlanta, GA | $5,969,688 | $4,170,883 |
Florida Sports Foundation Incorporated Orlando, FL | $5,544,373 | $5,275,010 |
Camp-Younts Foundation Orlando, FL | $47,548,397 | $5,010,079 |
Bert Fish Foundation Inc Deland, FL | $12,492,099 | $91,142 |
Fisher-Crum Foundation Inc Albany, GA | $16,325,649 | $1,999,719 |
B A S E Camp Childrens Cancer Foundation Inc Winter Park, FL | $529,350 | $568,601 |
Parks Foundation Of Miami-Dade Inc Miami, FL | $1,440,735 | $366,768 |
Mountain Brook Sports Park Foundation Birmingham, AL | $801,029 | $205,893 |
More Than Baseball Crystal River, FL | $55,108 | $49,139 |
Martin County Police Athletic League Inc Palm City, FL | $175,010 | $423,861 |
Friends Of Sarasota County Parks Inc Nokomis, FL | $669,029 | $555,979 |
Richard C Hunt Irrevocable Trust 2 Birmingham, AL | $0 | $8,601 |