Greater Akron Fore Youth Devlpt Inc
- Assets
- $574.3k
- Revenue
- $854.5k
- Investments
- $46.9k
- Employees
- 40
- Location
- Akron, OH
- Founding
- 10/1999
- Data as of
- 12/2023
- EIN
- 34-1886744
Organization Overview
Greater Akron Fore Youth Devlpt Inc is located in Akron, OH. The organization was established in 1999. 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, Greater Akron Fore Youth Devlpt Inc employed 40 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greater Akron Fore Youth Devlpt 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, Greater Akron Fore Youth Devlpt Inc generated $854.5k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 15.4% each year . All expenses for the organization totaled $880.9k during the year ending 12/2023. While expenses have increased by 17.7% 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
YOUTH DEVELOPMENT ORGANIZATION THAT USES GOLF TO TEACH KIDS OF ALL SOCIAL STRATA LIFE SKILLS
Describe the Organization's Program Activity:
Part 3 - Line 4a
FIRST TEE - GREATER AKRON IS ONE OF 150 FIRST TEE CHAPTERS ACROSS THE U.S. AND SELECT INTERNATIONAL LOCATIONS. FIRST TEE IS A YOUTH DEVELOPMENT ORGANIZATION THAT USES THE GAME OF GOLF TO TEACH KIDS/TEENS LIFE SKILLS. BY SEAMLESSLY INTEGRATING THE GAME OF GOLF WITH A LIFE SKILLS CURRICULUM, WE CREATE ACTIVE LEARNING EXPERIENCES THAT BUILD INNER STRENGTH, SELF-CONFIDENCE AND RESILIENCE THAT KIDS CAN CARRY TO EVERYTHING THEY DO. OUR WORK AT FIRST TEE IS NOT ABOUT IMPROVING YOUR GOLF SCORE IT'S ABOUT STRENGTHENING WHAT YOU BRING TO EVERYTHING YOU DO, INCLUDING GOLF!WE BELIEVE EVERY KID DESERVES THE CHANCE TO BUILD INNER STRENGTH BEFORE THE WORLD DEMANDS IT, TO FIND THE JOY THAT COMES WITH FEELING CONFIDENT IN THEIR OWN SKIN BEFORE THE WORLD MAKES IT FEEL IMPOSSIBLE, AND TO ACCESS EXPERIENCES AND SPACES WHERE PERSONAL GROWTH HAPPENS. WE EXIST TO ENABLE KIDS TO BUILD THE STRENGTH OF CHARACTER THAT EMPOWERS THEM THROUGH A LIFETIME OF NEW CHALLENGES.KIDS BECOME A BETTER VERSION OF THEMSELVES WHEN THEY HAVE THE SPACE TO BE WHO THEY ARE, SURROUNDED BY PASSIONATE PEOPLE WHO GUIDE THEM TO SEE WHAT THEY ARE CAPABLE OF. IN SUMMIT COUNTY WE BUILD THESE OPPORTUNITIES AND EXPERIENCES THROUGH 6 PROGRAM LOCATIONS (MUD RUN, BIGSHOTS GOLF FIRESTONE, BROOKLEDGE, RAINTREE, LAKE ANNA YMCA AND RIVERFRONT YMCA), 67 SCHOOL PROGRAM PARTNERS (32 OF WHICH ARE APS) AND COMMUNITY PARTNERSHIPS (AKRON COMMUNITY CENTERS, TIRETOWN GOLF CLUB, AKRON URBAN LEAGUE AND MANY MORE).AS AN ORGANIZATION, WE IMPACTED 18,716 KIDS/TEENS IN 2023!
MUD RUN - OPERATION OF MUD RUN GOLF COURSE, OPERATIONAL COSTS ASSOCIATED WITH FACILITY USAGE. THE FACILITIES PROVIDE US WITH A LOCATION TO EDUCATE OUR YOUTH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mitchel Kritzell Board Chair | OfficerTrustee | 1 | $0 |
Vicky Ferrise Vice Chair | OfficerTrustee | 1 | $0 |
Frederick Dodson Treasurer | OfficerTrustee | 1 | $0 |
Olivia Hochschwender Secretary | OfficerTrustee | 1 | $0 |
Kemp Boyd Trustee | Trustee | 1 | $0 |
Robert Gerberry Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $61,465 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $199,165 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $260,630 |
| Total Program Service Revenue | $556,718 |
| Investment income | $1,497 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $7,960 |
| Net Income from Fundraising Events | $27,701 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $854,506 |
| 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. | $93,600 |
| Compensation of current officers, directors, key employees. | $18,720 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $446,695 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $53,227 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,394 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $20,795 |
| Fees for services: Investment Management | $1,286 |
| Fees for services: Other | $21,631 |
| Advertising and promotion | $1,697 |
| Office expenses | $156,594 |
| Information technology | $15,407 |
| Royalties | $0 |
| Occupancy | $1,715 |
| Travel | $5,039 |
| 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 | $12,626 |
| Insurance | $13,898 |
| All other expenses | $13,001 |
| Total functional expenses | $880,932 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $307,107 |
| Savings and temporary cash investments | $150,301 |
| 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 | $69,944 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $46,922 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $574,274 |
| 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 | $504,524 |
| Net assets with donor restrictions | $69,750 |
| 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 | $574,274 |