Childrens Golf Foundation Inc
- Assets
- $4.0m
- Revenue
- $2.3m
- Investments
- $0.0
- Employees
- 16
- Location
- Riviera Beach, FL
- Founding
- 08/1992
- Data as of
- 12/2022
- EIN
- 65-0262208
Organization Overview
Childrens Golf Foundation Inc, operating under the name First Tee - Florida Gold Coast Or The First Tee Of Broward, is located in Riviera Beach, FL. The organization was established in 1992. According to its NTEE Classification (N6A) the organization is classified as: Golf, under the broad grouping of Recreation & Sports and related organizations. As of 12/2022, First Tee - Florida Gold Coast Or The First Tee Of Broward employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. First Tee - Florida Gold Coast Or The First Tee Of Broward 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 12/2022, First Tee - Florida Gold Coast Or The First Tee Of Broward generated $2.3m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 8.7% each year. All expenses for the organization totaled $1.7m during the year ending 12/2022. While expenses have increased by 6.0% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO POSITIVELY IMPACT THE LIVES OF YOUNG PEOPLE, INCLUDE THOSE WITH SPECIAL NEEDS, AND VETERANS 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
OUR ORGANIZATION'S LARGE TERRITORY INCLUDES PALM BEACH, MARTIN, ST. LUCIE AND BROWARD COUNTIES. IN 2022, WE SERVED 3,314 KIDS AND TEENS IN FIRST TEE, 970 CHILDREN WITH SPECIAL NEEDS AND 491 VETERANS IN OUR GOLF PROGRAMS. 54% OF OUR KIDS AND TEENS WERE OF NON-CAUCASIAN ETHNICITY (PRIMARILY AFRICAN AMERICAN OR HISPANIC). WE PARTNER WITH OTHER YOUTH ORGANIZATIONS THAT SERVE UNDER REPRESENTED CHILDREN AND VETERANS, SUCH AS BOYS & GIRLS CLUBS, YMCAS, POLICE ATHLETIC LEAGUES, SPECIAL OLYMPICS, MISSION UNITED AND THE VA HOSPITAL. OUR STAFF, COACHES, VOLUNTEERS AND BOARD MEMBERS ARE BACKGROUND CHECKED AND RECEIVE ONLINE AND IN-PERSON TRAINING FROM FIRST TEE HEADQUARTERS. SEVEN OF OUR FIRST TEE HIGH SCHOOL STUDENTS WERE SELECTED TO ATTEND FIRST TEE HQ PARTICIPANT OPPORTUNITIES, INCLUDING THE PURE INSURANCE CHAMPIONSHIP AT PEBBLE BEACH. EIGHT CHAPTER ALUMNI WERE AWARDED COLLEGE SCHOLARSHIPS FOR THE 2022-2023 SCHOOL YEAR. COLLEGE SCHOLARSHIP AWARDS ARE OFFERED TO QUALIFIED AND DEDICATED STUDENTS WHO PARTICIPATE IN ONE OF OUR LOCAL CHAPTERS THROUGH THEIR HIGH SCHOOL YEARS AND ASSIST OUR GOLF COACHING STAFF. CANDIDATES ARE ELIGIBLE TO RECEIVE A GRANT FOR THEIR COLLEGE RELATED EXPENSES IN PURSUING A FULL-TIME COLLEGE DEGREE PROGRAM AT AN ACCREDITED COLLEGE OR UNIVERSITY LOCATED IN THE UNITED STATES OF AMERICA FOR THE FIRST FOUR YEARS OF THEIR ACADEMIC ATTENDANCE. SCHOLARSHIPS ARE ALLOWED TO BE USED FOR SCHOOL TUITION, COMPUTER EQUIPMENT, BOOKS OR DORMITORY HOUSING. THE SCHOLARSHIP AMOUNTS DEPEND UPON THE NUMBER OF CANDIDATES AND THE AVAILABLE FUNDING. FOR THE YEAR ENDING DECEMBER 31, 2022 COLLEGE SCHOLARSHIPS IN THE AMOUNT OF $58,516 WERE PROVIDED TO STUDENTS THAT MET STRICT ACADEMIC STANDARDS WHICH ARE APPROVED BY THE SCHOLARSHIP COMMITTEE.THE PALM BEACHES CHAPTER OPERATED A 12-ACRE GOLF PRACTICE FACILITY IN DYER PARK, INCLUDING ALL TURF MAINTENANCE. THIS CHAPTER DELIVERED PROGRAMS AT 12 GREEN GRASS LOCATIONS AND SERVED 1,543 KIDS AND TEENS IN FIRST TEE, 640 CHILDREN WITH SPECIAL NEEDS AND 259 VETERANS IN OUR GOLF PROGRAMS.
THE MARTIN/ST. LUCIE COUNTIES CHAPTER OPENED A FOOTBALL SIZE ARTIFICIAL TURF FACILITY IN FORT PIERCE, ONE OF THE MOST UNDERSERVED AREAS IN OUR TERRITORY. THIS CHAPTER DELIVERED PROGRAMS AT 9 GREEN GRASS LOCATIONS AND SERVED 846 KIDS AND TEENS IN FIRST TEE, 94 CHILDREN WITH SPECIAL NEEDS AND 128 VETERANS IN OUR GOLF PROGRAMS.
OUR BROWARD COUNTY CHAPTER GREW OVER 30% IN 2022 AND DELIVERED PROGRAMS AT 12 GREEN GRASS LOCATIONS. THIS CHAPTER SERVED 925 KIDS AND TEENS IN FIRST TEE, 148 CHILDREN WITH SPECIAL NEEDS AND 104 VETERANS IN OUR GOLF PROGRAMS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daniel Young Chairman | OfficerTrustee | 4 | $0 |
Kenneth R Kennerly Vice Chairman | OfficerTrustee | 4 | $0 |
Andrew Hunt Secretary | OfficerTrustee | 4 | $0 |
David Thorson Treasurer | OfficerTrustee | 4 | $0 |
David Norris ESQ Legal Counsel | Trustee | 4 | $0 |
Earnie Ellison Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,783,022 |
| Noncash contributions included in lines 1a–1f | $265,457 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,783,022 |
| Total Program Service Revenue | $86,814 |
| Investment income | $7,162 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $402,198 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,279,196 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $58,516 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $180,976 |
| Compensation of current officers, directors, key employees. | $34,385 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $636,096 |
| Pension plan accruals and contributions | $19,697 |
| Other employee benefits | $76,388 |
| Payroll taxes | $55,146 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $23,145 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $145,719 |
| Advertising and promotion | $76,791 |
| Office expenses | $49,152 |
| Information technology | $6,878 |
| Royalties | $0 |
| Occupancy | $60,782 |
| Travel | $52,027 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $9,116 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $53,294 |
| Insurance | $7,857 |
| All other expenses | $26,159 |
| Total functional expenses | $1,692,789 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $711,814 |
| Savings and temporary cash investments | $938,055 |
| Pledges and grants receivable | $1,538,367 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $28,653 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $748,391 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,965,280 |
| Accounts payable and accrued expenses | $95,810 |
| Grants payable | $0 |
| Deferred revenue | $9,907 |
| 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 | $125,200 |
| Other liabilities | $0 |
| Total liabilities | $230,917 |
| Net assets without donor restrictions | $2,585,106 |
| Net assets with donor restrictions | $1,149,257 |
| 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 | $3,965,280 |