Wichita Kids Golf Initiative Inc
- Assets
- $1.6m
- Revenue
- $596.0k
- Investments
- $0.0
- Employees
- 38
- Location
- Wichita, KS
- Founding
- 09/2015
- Data as of
- 12/2023
- EIN
- 47-4059658
Organization Overview
Wichita Kids Golf Initiative Inc, operating under the name First Tee - Greater Wichita, is located in Wichita, KS. The organization was established in 2015. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. As of 12/2023, First Tee - Greater Wichita employed 38 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. First Tee - Greater Wichita 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, First Tee - Greater Wichita generated $596.0k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 13.2% each year . All expenses for the organization totaled $343.1k during the year ending 12/2023. While expenses have increased by 6.3% 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
WE ENGAGE YOUNG PEOPLE OF ALL BACKGROUNDS IN LIFE-ENHANCING PROGRAMMING
Describe the Organization's Program Activity:
Part 3 - Line 4a
THROUGH WICHITA KIDS GOLF INITIATIVE, PROMOTION OF THE VIRTUES AND POSITIVE FOUNDATIONS OF GOLF ARE TAUGHT TO SCHOOL-AGE YOUTH TO GIVE KIDS HEALTHY CHOICES AND HELP THEM SUCCEED AT SCHOOL, HOME AND IN THEIR COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas West President | OfficerTrustee | 2 | $0 |
Patricia Sherwood Vice President | OfficerTrustee | 2 | $0 |
Katy Winters Treasurer | OfficerTrustee | 2 | $0 |
Gary Austerman Secretary | OfficerTrustee | 2 | $0 |
Hale Ritchie Director | Trustee | 1 | $0 |
Diana Garey Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $231,462 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $336,855 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $568,317 |
| Total Program Service Revenue | $45,649 |
| Investment income | $28,708 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$4 |
| Net Income from Fundraising Events | -$46,676 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $595,994 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $20,000 |
| 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. | $110,000 |
| Compensation of current officers, directors, key employees. | $11,002 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $123,405 |
| Pension plan accruals and contributions | $4,754 |
| Other employee benefits | $0 |
| Payroll taxes | $24,407 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,132 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $4,002 |
| Office expenses | $0 |
| Information technology | $11,687 |
| Royalties | $0 |
| Occupancy | $9,708 |
| Travel | $361 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,824 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,049 |
| Insurance | $7,086 |
| All other expenses | $1,262 |
| Total functional expenses | $343,126 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $24,604 |
| Savings and temporary cash investments | $988,182 |
| 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 | $629,811 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,642,597 |
| 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 | $1,642,597 |
| 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 | $1,642,597 |
Grants Awarded
Over the last fiscal year, Wichita Kids Golf Initiative Inc has awarded $20,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
GREATER TOPEKA YOUTH FOUNDATION INC PURPOSE: AWARD 40 PARTICIPANT SCHOLARSHIPS FOR YOUTH FROM UNDERSERVED COMMUNITIES & PURCH EQUIP | $5,750 |
CENTRAL KANSAS YOUTH GOLF INC PURPOSE: AWARD 56 PARTICIPANT SCHOLARSHIPS FOR YOUTH FROM UNDERSERVED COMMUNITIES & PURCH EQUIP PURCH EQUIP | $5,750 |
KANSAS STATE UNIVERSITY GOLF COURSE MANAGEMENT AND RESEARCH FOUNDATION PURPOSE: AWARD 30 PARTICIPANT SCHOLARSHIPS FOR YOUTH FROM UNDERSERVED COMMUNITIES & PURCH EQUIP | $8,500 |