Tft Inc is located in Corbin, KY. The organization was established in 2001. According to its NTEE Classification (N6A) the organization is classified as: Golf, 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. Tft 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 12/2021, Tft Inc generated $70.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (24.5%) each year. All expenses for the organization totaled $45.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (36.7%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
TFT, INC. IS RECOGNIZED BY THE WORLD GOLF FOUNDATION AND IT STRIVES TO PROMOTECHARACTER EDUCATION AND LIFE SKILLS FOR ALL YOUTH, ESPECIALLY THE DISADVANTAGED,THROUGH THE GAME OF GOLF.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Donnie Caldwell President | 25 | $12,965 | |
Jamie Mills Treasurer | 10 | $0 | |
Ronnie Caldwell Vice President | 1 | $0 | |
Brad Sizemore Director | 1 | $0 | |
Robin Lewis Director | 0 | $0 | |
Jerton Evans Director | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $68,694 |
Total Program Service Revenue | $0 |
Membership dues | $1,962 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $70,656 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $28,411 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $184 |
Other expenses | $16,822 |
Total expenses | $45,417 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $0 |
Other assets | $0 |
Total assets | $0 |
Total liabilities | $0 |
Net assets or fund balances | $25,239 |
Over the last fiscal year, we have identified 1 grants that Tft Inc has recieved totaling $27,760.
Awarding Organization | Amount |
---|---|
Pga Tour First Tee Foundation Inc Ponte Vedra Beach, FL PURPOSE: GENERAL SUPPORT | $27,760 |
Organization Name | Assets | Revenue |
---|---|---|
Crystal Tree Golf And Country Club Orland Park, IL | $22,733,693 | $7,174,388 |
Chicago District Golf Association Lemont, IL | $10,835,178 | $5,446,204 |
Virginia State Golf Association Inc Midlothian, VA | $3,471,487 | $3,409,263 |
Dyes Walk Members Inc Greenwood, IN | $4,450,294 | $2,760,008 |
Golf Gives Back Evansville, IN | $691,572 | $2,198,288 |
Indiana Golf Foundation Inc Indianapolis, IN | $3,545,687 | $1,937,652 |
Odyssey Charities Oak Brook, IL | $10,452,799 | $1,300,972 |
Tennessee Golf Association Inc Franklin, TN | $4,139,217 | $1,862,884 |
Middle Atlantic Section Stafford, VA | $5,763,398 | $2,084,524 |
Illinois Junior Golf Association Lemont, IL | $804,884 | $1,020,198 |
Northern Ohio Golf Association North Olmsted, OH | $926,651 | $1,316,583 |
Indiana Golf Association Inc Indianapolis, IN | $632,267 | $1,125,367 |