First Shot Foundation
- Assets
- $145.6k
- Revenue
- $275.7k
- Investments
- $0.0
- Employees
- 1
- Location
- Murfreesboro, TN
- Founding
- 10/2007
- Data as of
- 12/2021
- EIN
- 43-2088629
Organization Overview
First Shot Foundation is located in Murfreesboro, TN. The organization was established in 2007. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, 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. First Shot Foundation 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 Shot Foundation generated $275.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.1% each year. All expenses for the organization totaled $233.7k during the year ending 12/2021. While expenses have increased by 11.8% 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
THROUGH VARIOUS SPORTS CLINICS AND TEACHING OPPORTUNITIES, THE FOCUS IS BUILDING A STRONGER, MORE COURAGEOUS YOUTH TO FACE OPPORTUNITIES AND OBSTACLES IN LIFE. OVER 1,000 CHILDREN WERE SERVED IN RUTHERFORD COUNTY, TENNESSEE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THROUGH VARIOUS SPORTS CLINICS AND TEACHING OPPORTUNITIES, THE FOCUS IS BUILDING A STRONGER, MORE COURAGEOUS YOUTH TO FACE OPPORTUNITIES AND OBSTACLES IN LIFE. OVER 1,000 CHILDREN WERE SERVED IN RUTHERFORD COUNTY, TENNESSEE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William A Herzer Executive Di | Officer | 40 | $60,000 |
Mark Joines Secretary | OfficerTrustee | $0 | |
Dennis Phillips President & | OfficerTrustee | $0 | |
Jack Gritton Director | Trustee | $0 | |
Amy Ayer Director | Trustee | $0 | |
Joseph Howard Director | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $104,000 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $98,406 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $202,406 |
| Total Program Service Revenue | $64,663 |
| 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 | $8,619 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $275,688 |
| 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. | $60,000 |
| Compensation of current officers, directors, key employees. | $12,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $6,000 |
| Payroll taxes | $4,480 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,725 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $230 |
| Advertising and promotion | $3,420 |
| Office expenses | $25,744 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $18,103 |
| Travel | $1,161 |
| 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 | $3,117 |
| All other expenses | $28,798 |
| Total functional expenses | $233,748 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $145,620 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $145,620 |
| 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 | $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 | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $145,620 |
| Total liabilities and net assets/fund balances | $145,620 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that First Shot Foundation has recieved totaling $24,040.
| Awarding Organization | Amount |
|---|---|
Network For Good Inc Washington, DC PURPOSE: Unrestricted | $12,020 |
Network For Good Inc Washington, DC PURPOSE: Unrestricted | $12,020 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Alpha Omicron Pi Fraternity Inc Brentwood, TN | $92,549,328 | $43,130,066 |
Cherokee Town & Country Club Inc Atlanta, GA | $70,405,206 | $43,703,981 |
Army Navy Country Club Arlington, VA | $99,356,910 | $42,965,360 |
Country Club Of Virginia Inc Richmond, VA | $91,534,297 | $40,685,067 |
Capital City Club Inc Atlanta, GA | $84,524,331 | $33,363,422 |
Atlanta Athletic Club Johns Creek, GA | $48,939,283 | $29,765,696 |
Piedmont Driving Club Atlanta, GA | $77,050,064 | $28,104,317 |
Carmel Country Club Inc Charlotte, NC | $56,143,554 | $23,347,186 |
Phi Mu Fraternity Peachtree City, GA | $13,751,042 | $22,181,589 |
Farmington Country Club Inc Charlottesville, VA | $52,436,644 | $25,257,129 |
Ansley Golf Club Atlanta, GA | $48,365,690 | $21,052,650 |
Washington Golf And Country Club Inc Arlington, VA | $48,455,931 | $21,067,505 |