First Tee Of Cleveland
- Assets
- $1.5m
- Revenue
- $970.9k
- Investments
- $22.2k
- Employees
- 17
- Location
- Newburgh Heights, OH
- Founding
- 08/2000
- Data as of
- 12/2021
- EIN
- 34-1915692
Organization Overview
First Tee Of Cleveland is located in Newburgh Heights, OH. 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 12/2021, First Tee Of Cleveland employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. First Tee Of Cleveland 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, First Tee Of Cleveland generated $970.9k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.6% each year . All expenses for the organization totaled $682.0k during the year ending 12/2021. While expenses have increased by 2.7% 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 POSITIVELY IMPACT THE LIVES OF YOUNG PEOPLE BY PROVIDING EDUCATIONAL PROGRAMS THAT BUILD CHARACTER, INSTILL LIFE-ENHANCING VALUES AND PROMOTE HEALTHY CHOICES THROUGH THE GAME OF GOLF.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATIONAL PROGRAMS THROUGH THE GAME OF GOLF TO BUILD CHARACTER, INSTILL LIFE-ENHANCING VALUES AND PROMOTE HEALTHY CHOICES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patricia Lo Presti Executive Dir. | Trustee | 50 | $113,724 |
Adam Zangerle Secretary | OfficerTrustee | 5 | $0 |
Daryl Deckard Chairman | OfficerTrustee | 5 | $0 |
Tricia Tomko Treasurer | OfficerTrustee | 5 | $0 |
Ronna Mcnair Vice Chair | OfficerTrustee | 5 | $0 |
Karen Adame Director | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $92,400 |
| All other contributions, gifts, grants, and similar amounts not included above | $471,391 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $563,791 |
| Total Program Service Revenue | $66,341 |
| Investment income | $2,894 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $337,916 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $970,942 |
| 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. | $113,724 |
| Compensation of current officers, directors, key employees. | $22,745 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $323,052 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $99,596 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| 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 | $2,715 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $3,265 |
| 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 | $3,663 |
| Insurance | $6,421 |
| All other expenses | $30,937 |
| Total functional expenses | $681,960 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,422,293 |
| Pledges and grants receivable | $56,789 |
| 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 | $3,154 |
| Prepaid expenses and deferred charges | $12,403 |
| Net Land, buildings, and equipment | $7,563 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $22,233 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,500 |
| Total assets | $1,525,935 |
| Accounts payable and accrued expenses | $85,620 |
| Grants payable | $0 |
| Deferred revenue | $300 |
| 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 | $85,920 |
| Net assets without donor restrictions | $1,212,207 |
| Net assets with donor restrictions | $227,808 |
| 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 | $1,525,935 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that First Tee Of Cleveland has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
Swagelok Foundation Solon, OH PURPOSE: TO FURTHER THE ORGANIZATION'S TAX EXEMPT PURPOSE | $4,000 |
Swagelok Foundation Solon, OH PURPOSE: TO FURTHER THE ORGANIZATION'S TAX EXEMPT PURPOSE | $1,000 |
Endowment Analysis
| Beg. Balance | $19,820 |
| Earnings | $2,663 |
| Admin Expense | $250 |
| Ending Balance | $22,233 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Pittsburgh Golf Club Pittsburgh, PA | $8,344,017 | $4,467,667 |
Cobbs Creek Restoration And Community Foundation West Conshohocken, PA | $9,472,650 | $6,266,372 |
Philadelphia Section P G A Inc Lower Gwynedd, PA | $1,922,995 | $2,496,327 |
Dyes Walk Members Inc Greenwood, IN | $4,450,294 | $2,760,008 |
Golf Association Of Michigan Farmington Hills, MI | $2,526,991 | $2,575,514 |
Golf Gives Back Evansville, IN | $691,572 | $2,198,288 |
Indiana Golf Foundation Inc Indianapolis, IN | $3,545,687 | $1,937,652 |
Wequetonsing Golf Club Harbor Springs, MI | $4,901,495 | $1,040,456 |
Hannastown Golf Club Inc Greensburg, PA | $4,011,924 | $1,545,734 |
Northern Ohio Golf Association North Olmsted, OH | $926,651 | $1,316,583 |
Indiana Golf Association Inc Indianapolis, IN | $632,267 | $1,125,367 |
Youth Golf Coalition Inc Louisville, KY | $413,048 | $1,150,038 |