Tee Off Fore Life Inc
- Assets
- $7.8m
- Revenue
- $4.0m
- Investments
- $0.0
- Employees
- 43
- Location
- Bronx, NY
- Founding
- 09/2000
- Data as of
- 12/2022
- EIN
- 31-1724122
Organization Overview
Tee Off Fore Life Inc, operating under the name First Tee Of Metropolitan New York Inc, is located in Bronx, NY. The organization was established in 2000. According to its NTEE Classification (N6A) the organization is classified as: Golf, under the broad grouping of Recreation & Sports and related organizations. As of 12/2022, First Tee Of Metropolitan New York Inc employed 43 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. First Tee Of Metropolitan New York 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 12/2022, First Tee Of Metropolitan New York Inc generated $4.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (4.9%) each year. All expenses for the organization totaled $3.9m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (3.9%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, First Tee Of Metropolitan New York Inc has awarded 26 individual grants totaling $595,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO TEACH CHILDREN THE GAME OF GOLF AND, AT THE SAME TIME, INSTILL IN THEM THE "LIFE SKILLS" VALUES UNIQUE TO GOLF, SUCH AS HONOR, INTEGRITY, AND GOOD SPORTSMANSHIP.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2022 THE FIRST TEE JUNIOR LEAGUE CERTIFYING CLASS A MOSHOLU HAD 723 PARTICIPANTS.
ESSEX COUNTY - OPENED A NEW LOCATIONS. TOTAL UNIQUE REGISTRATIONS FOR BOTH NEWARK AND HENRICKS FIELD WERE 471. TOTAL EXPENSES INCLUDE GOLF AND EDUCATIONAL PROGRAMS.
IN 2022 THE FIRST TEE JUNIOR LEAGUE CERTIFYING CLASS A MOSHOLU HAD 723 PARTICIPANTS.
ESSEX COUNTY - OPENED A NEW LOCATIONS. TOTAL UNIQUE REGISTRATIONS FOR BOTH NEWARK AND HENRICKS FIELD WERE 471. TOTAL EXPENSES INCLUDE GOLF AND EDUCATIONAL PROGRAMS.
IN 2022 WE HAD 442 REGISTERED PARTICIPANTS IN NASSAU COUNTY WITH CLASSES AT EISENHOWER PARK, CANTIAGUE PARK AMONG OTHERS.
IN 2022 WE HAD 442 REGISTERED PARTICIPANTS IN NASSAU COUNTY WITH CLASSES AT EISENHOWER PARK, CANTIAGUE PARK AMONG OTHERS.
IN 2022 WE HAD 312 CERTIFYING PARTICIPANTS IN THIS PROGRAM WHICH INCLUDE ACCESS TO OTHER PARKS IN NORTHERN NJ.
IN 2022 WE HAD 312 CERTIFYING PARTICIPANTS IN THIS PROGRAM WHICH INCLUDE ACCESS TO OTHER PARKS IN NORTHERN NJ.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gene Bernstein Chairman | OfficerTrustee | 3 | $0 |
Michael Rudin Vice Chairman | OfficerTrustee | 3 | $0 |
Matt Casner Secretary And Treasurer | OfficerTrustee | 3 | $0 |
Jessie Betts Dreyfuss Director | Trustee | 3 | $0 |
Aaron Abrahams Director | Trustee | 3 | $0 |
Seth Drucker Director | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $987,512 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,354,476 |
| Noncash contributions included in lines 1a–1f | $184,815 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,341,988 |
| Total Program Service Revenue | $302,641 |
| Investment income | $37,400 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $2,236 |
| Net Income from Fundraising Events | -$157,255 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $39,865 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,982,602 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $161,510 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $336,055 |
| Compensation of current officers, directors, key employees. | $21,198 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,306,580 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $255,814 |
| Payroll taxes | $123,481 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $47,192 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $319,927 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $402,410 |
| Travel | $45,355 |
| 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 | $31,838 |
| Insurance | $130,790 |
| All other expenses | $10,803 |
| Total functional expenses | $3,878,863 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $765,110 |
| Savings and temporary cash investments | $4,529,061 |
| Pledges and grants receivable | $698,322 |
| Accounts receivable, net | $595,385 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $4,247 |
| Prepaid expenses and deferred charges | $213,408 |
| Net Land, buildings, and equipment | $389,097 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $576,350 |
| Total assets | $7,770,980 |
| Accounts payable and accrued expenses | $517,763 |
| Grants payable | $0 |
| Deferred revenue | $38,956 |
| 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 | $75,825 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $543,850 |
| Total liabilities | $1,176,394 |
| Net assets without donor restrictions | $5,370,362 |
| Net assets with donor restrictions | $1,224,224 |
| 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 | $7,770,980 |
Grants Awarded
Over the last fiscal year, Tee Off Fore Life Inc has awarded $320,000 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN CORPORATE PARTNERS PURPOSE: GENERAL SUPPORT | $20,000 |
BOARDASSIST PURPOSE: GENERAL SUPPORT | $20,000 |
WATERSIDE SCHOOL PURPOSE: GENERAL SUPPORT | $20,000 |
ALZHEIMER'S FOUNDATION OF AMERICA PURPOSE: GENERAL SUPPORT | $20,000 |
BOYS AND GIRLS CLUB OF LEE COUNTY PURPOSE: GENERAL SUPPORT | $20,000 |
THE HEIGHTS FOUNDATION PURPOSE: GENERAL SUPPORT | $20,000 |