2024-08-12T12:48:35-05:00 2023-12-31 560570567 DMJPS PLLC 703 GREEN VALLEY ROAD SUITE 201 GREENSBORO NC 27408 990 2023-01-01 562266025 TRIANGLE GOLF FOUNDATION INC DBA THE FIRST TEE OF THE TRIANGLE TRIA 9192398056 12201 LEESVILLE RD RALEIGH NC 27613 BRANDON BAKER PRESIDENT AND CEO 9192398056 2024-08-05 1 1 AMY B THABET CPA P01243405 3362759886 2024-07-30 2023 2024-08-08 14:25:15Z BRANDON BAKER 12201 LEESVILLE RD RALEIGH NC 27613 2587907 0 X WWW.FIRSTTEETRIANGLE.ORG X 2004 NC TO 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. 22 22 106 185 0 0 1959063 2438480 116629 120292 3775 21169 226061 -210522 2305528 2369419 0 0 0 0 945179 977026 0 0 207197 692650 560231 1637829 1537257 667699 832162 8193524 9070406 1780282 1690640 6413242 7379766 TO 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. 0 0 1092229 129890 A. TRIANGLE GOLF FOUNDATION TEACHES LIFE SKILLS AND KEY COMMITMENTS THROUGH THE GAME OF GOLF. THE FIRST TEE LIFE SKILLS EXPERIENCE IS BASED ON THE KEY COMMITMENTS OF PURSUING GOALS, GROWING THROUGH CHALLENGES, COLLABORATING WITH OTHERS, BUILDING POSITIVE SELF-IDENTITY, AND USING GOOD JUDGMENT. WE ARE ONE OF 150 CHAPTERS OF THE FIRST TEE IN THE WORLD AND ONE OF 7 IN THE STATE OF NORTH CAROLINA. THIS YEAR WE PROVIDED EDUCATIONAL PROGRAMS WHICH INCLUDED GOLF COURSE-BASED PROGRAMS FOR 898 PARTICIPANTS, DRIVE4SUCCESS FOR 458 PARTICIPANTS, OUTREACH PROGRAMS FOR 364 PARTICIPANTS, AND CAMPS FOR 155 PARTICIPANTS. 1092229 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 9 0 1 106 1 0 0 0 0 0 0 0 0 0 0 0 0 X 22 22 0 0 0 0 0 0 0 1 1 0 0 1 0 0 1 1 1 0 X BRANDON BAKER 9192398056 12201 LEESVILLE RD RALEIGH NC 27613 TED KLINCK CHAIR 1.00 X X 0 0 0 SCOTT RUERUP VICE CHAIR 1.00 X X 0 0 0 BRAD GEORGE TREASURER 1.00 X X 0 0 0 WILL DUCKETT BOARD MEMBER 1.00 X 0 0 0 ANDY BILODEAU BOARD MEMBER 1.00 X 0 0 0 JENNINGS GLENN BOARD MEMBER 1.00 X 0 0 0 JUSTIN GOOD BOARD MEMBER 1.00 X 0 0 0 BOB HATLEY BOARD MEMBER 1.00 X 0 0 0 LAURIE HUGHES BOARD MEMBER 1.00 X 0 0 0 JAMES BURATI BOARD MEMBER 1.00 X 0 0 0 ROBERT LONG BOARD MEMBER 1.00 X 0 0 0 JAMES MCCASKILL BOARD MEMBER 1.00 X 0 0 0 FRED MILLS JR SECRETARY 1.00 X X 0 0 0 BRIAN SISCHO BOARD MEMBER 1.00 X 0 0 0 TJ WYMAN BOARD MEMBER 1.00 X 0 0 0 ANDREA CONNER BOARD MEMBER 1.00 X 0 0 0 JOHN ROOS BOARD MEMBER 1.00 X 0 0 0 JOE VAN SAUN BOARD MEMBER 1.00 X 0 0 0 REAGAN GREENE BOARD MEMBER 1.00 X 0 0 0 DEWAYNE WASHINGTON BOARD MEMBER 1.00 X 0 0 0 HYLA WOOLDRIDGE BOARD MEMBER 1.00 X 0 0 0 JUNIOR WORD BOARD MEMBER 1.00 X 0 0 0 BRANDON BAKER PRESIDENT/CEO 40.00 X 199712 0 11444 199712 0 11444 1 0 1 0 0 834829 1603651 2438480 PARTICIPANT FEES 900099 120292 120292 120292 19537 19537 1632 0 1632 1632 1632 0 834829 218488 -218488 -218488 OTHER REVENUE 900099 7912 7912 RANGE/PRACTICE AREA REVENUE 900099 54 54 7966 2369419 129890 0 -198951 211156 105578 52789 52789 659380 498591 63357 97432 41265 31332 2080 7853 65225 46008 7768 11449 16438 16438 111115 108979 2136 20211 20211 2725 2044 272 409 56359 56359 75545 49598 16028 9919 74212 74212 50878 50878 13537 13537 23795 23795 OTHER FUNDRAISING EXPEN 98616 48439 22831 27346 BAD DEBT 16800 16800 1537257 1092229 237831 207197 1485672 577110 1002345 723663 1438557 1411500 80850 135275 16933 44575 6163799 51423 4111174 6112376 53640 61554 4353 4353 8193524 9070406 45683 77491 10005 4067 1724594 1609082 1780282 1690640 X 4081944 5704317 2331298 1675449 6413242 7379766 8193524 9070406 832162 6322 91270 36770 0 X X 0 1 X 1 0 X 3078299 488987 2007117 1959063 2438380 9971846 3078299 488987 2007117 1959063 2438380 9971846 298096 9673750 6576 2063 6446 3412 19537 38034 10009880 0.96640 0.98450 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4009000 4009000 93740 51423 42317 2061059 2061059 6112376 X 2660030 6320 284291 290611 2369419 0 2369419 1730278 193021 193021 1537257 0 1537257 PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3). ACCORDINGLY, NO PROVISION HAS BEEN MADE FOR INCOME TAXES. THE FOUNDATION ACCOUNTS FOR UNCERTAIN INCOME TAX POSITIONS BY PRESCRIBING A MINIMUM PROBABILITY THRESHOLD A TAX POSITION MUST MEET BEFORE A FINANCIAL STATEMENT INCOME TAX BENEFIT IS RECOGNIZED. THE MINIMUM THRESHOLD IS DEFINED AS A TAX POSITION, BASED SOLELY ON ITS TECHNICAL MERITS, THAT WOULD MORE LIKELY THAN NOT BE SUSTAINED UPON EXAMINATION BY THE RELEVANT TAX AUTHORITY WITH KNOWLEDGE OF THE SAME FACTS. THE TAX BENEFIT TO BE RECOGNIZED IS MEASURED AS THE LARGEST AMOUNT OF BENEFIT THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED UPON ULTIMATE RESOLUTION. BASED ON ALL KNOWN FACTS AND CIRCUMSTANCES AND CURRENT TAX LAW, THE PARTNERSHIP BELIEVES THE TOTAL AMOUNT OF UNCERTAIN INCOME TAX POSITION LIABILITIES AND RELATED ACCRUED INTEREST ARE NOT MATERIAL TO ITS FINANCIAL POSITION. AS OF DECEMBER 31, 2023 AND INCLUDING THE PREVIOUS THREE YEARS CONSIDERING EXTENSIONS, THE FOUNDATION'S INCOME TAX RETURNS ARE OPEN AND SUBJECT TO EXAMINATION BY TAX AUTHORITIES WITH RELEVANT JURISDICTION. SHOULD SUCH AN EXAMINATION TAKE PLACE, MANAGEMENT DOES NOT ANTICIPATE ANY SIGNIFICANT ISSUES RELATED TO THE OPEN YEARS. ANNUAL SPRING EVENT 155000 155000 38103 FALL GALA 503405 503405 148490 4 176424 176424 31895 834829 834829 218488 218488 -218488 0 0 0 1 0 0 0 0 0 BRANDON BAKER PRESIDENT/CEO 199712 0 0 0 0 0 0 0 11444 0 211156 0 0 0 PART I, LINE 5 BRANDON BAKER'S SALARY. X AUCTION ITEMS 57 190419 FAIR MARKET VALUE X GOLF COURSE SUPPLIES AND RENOVATIONS 10 93872 FAIR MARKET VALUE 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B ONCE COMPLETE, THE 990 IS GIVEN TO THE GOVERNING BODY FOR REVIEW AND APPROVAL. THE 990 IS THEN FILED. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD USES THE FIRST TEE, HOME OFFICE COMPARABLE DATA FOR OTHER EXECUTIVE DIRECTORS WITHIN THE NETWORK WITH SIMILAR EXPERIENCE, SIMILAR FINANCIAL BUDGETS AS WELL AS SIMILAR NUMBER OF PARTICIPANTS. THE INDIVIDUALS PERSONAL PERFORMANCE STANDARDS RELATIVE TO SPECIFIC GOALS AND ACCOUNTABILITIES ARE ALSO CONSIDERED AND REFLECTED IN THE ANNUAL PERFORMANCE EVALUATION WHICH IS LEAD BY THE BOARD CHAIR AND REVIEWED WITH THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S FINANCIAL INFORMATION IS AVAILABLE ELECTRONICALLY THROUGH THE NC ATTORNEY GENERAL'S WEBSITE AS A PART OF THEIR RENEWAL PROCESS FOR THEIR SOLICITATION LICENSE. FORM 990, PART XII LINE 2C. THE ORGANIZATION HAS NOT CHANGED ITS PROCESS FOR OVERSIGHT OF THE REVIEW OR SELECTION FOR AN INDEPENDENT ACCOUNTANT FROM THE PRIOR TAX YEAR.