2025-02-21T15:22:06-06:00 2023-12-31 454122238 DAVID M THORSON CPA PA 11300 US HIGHWAY 1 PALM BEACH GARDENS FL 33408 990 2023-01-01 650262208 CHILDREN'S GOLF FOUNDATION INC CHIL 5618420066 7301 NORTH HAVERHILL ROAD RIVIERA BEACH FL 334071034 DAVID THORSON TREASURER 5619739995 2025-01-31 1 1 DAVID M THORSON P00184020 5619739995 2025-02-16 2023 2025-03-06 01:10:19Z FIRST TEE - FLORIDA GOLD COAST CARL J MISTRETTA 7301 NORTH HAVERHILL ROAD RIVIERA BEACH FL 334071034 1882864 0 X WWW.FIRSTTEEFLORIDAGOLDCOAST.ORG X 1991 FL TO POSITIVELY IMPACT THE LIVES OF YOUNG PEOPLE, INCLUDING 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. 15 15 0 278 0 0 1783022 894932 86814 128706 7162 29844 402198 453851 2279196 1507333 58516 51042 0 0 968303 1145041 0 0 157494 665970 779947 1692789 1976030 586407 -468697 3965280 3496791 230917 195922 3734363 3300869 X TO POSITVELY IMPACT THE LIVES OF YOUNG PEOPLE, INCLUDING 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. 0 0 0 0 0 OUR ORGANIZATION'S LARGER TERRITORY INCLUDES PALM BEACH, MARTIN, ST. LUCIE AND BROWARD COUNTIES. WE SERVED 4,459 KIDS AND TEENS IN FIRST TEE PROGRAMS, 978 CHILDREN WITH SPECIAL NEEDS AND 655 VETERANS. 63% OF OUR STUDENTS ARE ETHNICALLY DIVERSE (PRIMARILY AFRICAN AMERICAN OR HISPANIC) AND 41% FEMALE. WE PARTNER WITH OTHER YOUR ORGANIZATIONS THAT SERVE UNDER REPRESENTED CHILDREN AND VETERANS, SUCH AS BOYS AND GIRLS CLUBS, YMCA, POLICE ATHLETIC LEAGUES, SPECIAL OLYMPICS, MISSION UNITED AND THE VETERANS ADMINISTRATION HOSPITAL. OUR STAFF, COACHES, VOLUNTEERS AND BOARD MEMBERS ARE BACKGROOUND CHECKED AND RECEIVE ONLINE AND IN-PERSON TRAINING FROM FIRST TEE HEADQUARTERS. ELEVEN OF OUR FIRST TEE HIGH SCHOOL STUDENTS WERE SELECTED TO ATTEND FIRST TEE HEAD QUARTERS PARTICIPANT OPPORTUNITIES, INCLUDING THE PURE INSURANCE CHAMPIONSHIP AT PEBBLE BEACH. EIGHT CHAPTER ALUMNI WERE AWARDED COLLEGE SCHOLARSHIPS FOR THE 2023-2024 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, 2023 COLLEGE SCHOLARSHIPS IN THE AMOUNT OF $51,042 WERE PROVIDED TO STUDENTS THAT MET STRICT ACADEMIC STANDARDS WHICH ARE APPROVED BY THE SCHOLARSHIP COMMITTEE. 589750 51042 49784 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 1,892 KIDS AND TEENS IN FIRST TEE PROGRAMS, 669 SPECIAL NEEDS STUDENTS AND 308 VETERANS. 489514 0 41314 THE MARTIN/ST. LUCIE COUNTIES CHAPTER OPENED A FOOTBALL SIZE ARTIFICIAL TURF FACILITY IN FT. PIERCE, ONE OF THE MOST UNDERSERVED AREAS IN OUR TERRITORY. THIS CHAPTER DELIVERED PROGRAMS AT 9 GREEN GRASS LOCATIONS AND SERVED 1,184 KIDS AND TEENS IN FIRST TEE PROGRAMS, 125 SPECIAL NEEDS STUDENTS AND 212 VETERANS. 445635 0 37608 THE BROWARD COUNTY CHAPTER GREW 22% IN 2023 AND DELIVERED PROGRAMS AT 12 GREEN GRASS LOCATIONS. THIS CHAPTER SERVED 1,383 KIDS AND TEENS IN FIRST TEE PROGRAMS, 184 SPECIAL NEEDS STUDENTS AND 135 VETERANS. 445635 0 37608 1524899 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 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 50 0 1 0 0 0 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 FL X CARL J MISTRETTA JR 5618420066 7301 NORTH HAVERHILL ROAD RIVIERA BEACH FL 334071034 DANIEL YOUNG CHAIRMAN 4.00 X X 0 0 0 KENNETH R KENNERLY VICE CHAIRMAN 4.00 X X 0 0 0 ANDREW HUNT SECRETARY 4.00 X X 0 0 0 DAVID M THORSON CPA TREASURER 4.00 X X 0 0 0 DAVID NORRIS ESQUIRE LEGAL COUNSEL 4.00 X 0 0 0 EARNIE ELLISON DIRECTOR 1.00 X 0 0 0 BOBBY HENDEL DIRECTOR 1.00 X 0 0 0 MARIA MARINO DIRECTOR 1.00 X 0 0 0 LISA NAPOLI DIRECTOR 1.00 X 0 0 0 BILL O'LEARY DIRECTOR 1.00 X 0 0 0 STEVE ROCKOFF DIRECTOR 1.00 X 0 0 0 JERRY TANKERSLEY DIRECTOR 1.00 X 0 0 0 RICHARD SHEEHAN DIRECTOR 1.00 X 0 0 0 GREG THOMPSON DIRECTOR 1.00 X 0 0 0 GERRY LITRENTO DIRECTOR 1.00 X 0 0 0 CARL J MISTRETTA JR EXECUTIVE DIRECTOR 60.00 X 147232 0 46037 147232 0 46037 1 0 1 0 0 894932 146592 894932 GOLF INSTRUCTION 713910 128706 128706 128706 29844 29844 146592 146592 0 0 682374 228939 453435 453435 MISCELLANEOUS 900099 416 416 416 1507333 128706 0 483695 51042 51042 891662 597414 169416 124832 32545 24734 5858 1953 152649 116013 27477 9159 68185 51821 12273 4091 23642 8511 15131 169379 169379 69737 55790 13947 56918 37820 19045 53 14556 13100 1456 55652 37935 17717 82400 68276 10665 3459 5994 5395 599 7407 6666 741 58928 53624 5304 12481 9361 3120 GOLF SUPPLIES 117682 117682 GOLF EQUIPMENT REPAIRS 31662 31662 GOLF EQUIPMENT RENTAL 25161 25161 48348 43513 4835 1976030 1524899 293637 157494 711814 1338101 938055 146867 1538367 1270056 28653 30391 1281635 570259 748391 711376 3965280 3496791 95810 61143 9907 11286 125200 123493 230917 195922 X 2585106 2429923 1149257 870946 3734363 3300869 3965280 3496791 X -468697 35203 X X 0 1 X 1 0 X 1304906 1097022 2210914 1744223 894932 7251997 39000 39000 39000 39000 89074 245074 1343906 1136022 2249914 1783223 984006 7497071 515133 6981938 3063 5312 2036 7162 29844 47417 416 416 7544904 0.92540 0.90200 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 313963 313963 426314 140531 285783 359352 290987 68365 182006 138741 43265 711376 X 2043053 336250 199470 535720 1507333 0 1507333 2511750 336250 199470 535720 1976030 0 1976030 PART X, LINE 2: THE FOUNDATION HAS ADOPTED THE PROVISION OF FASB ASC 740-10-25 (FORMERLY FIN 48), WHICH REQUIRES THAT A TAX PROVISION BE RECOGNIZED OR DERECOGNIZED BASED ON A "MORE LIKELY THAN NOT" THRESHOLD. THIS APPLIES TO POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE FOUNDATION DOES NOT BELIEVE ITS FINANCIAL STATEMENTS INCLUDE ANY UNCERTAIN TAX POSITIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING 199,470. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING 199,470. 100 HOLD CHALLENGE 360018 360018 100 FRIENDS 74089 74089 9 248267 248267 228939 682374 682374 228939 228939 453435 1 SCHOLARSHIPS FOR STUDENTS ATTENDING COLLEGE 14 51042 0 SCHEDULE I, PART I, LINE 2 ALL SCHOLARSHIP FUNDS ARE SENT DIRECTLY TO THE RESPECTIVE SCHOOL. X 0 0 0 0 0 0 0 0 0 CARL J MISTRETTA JR EXECUTIVE DIRECTOR 147232 0 0 0 0 0 5280 0 40757 0 193269 0 0 0 PART I, LINE 3 THE BOARD REVIEWS AND APPROVES THE COMPENSATION OF ALL EMPLOYEES. X GOLF EQUIPMENT 100 146592 SALES PRICE 0 0 1 PART I, LINE 32B: THE ORGANIZATION UTILIZES A THIRD PARTY VENDOR TO ASSIST WITH THE PROCESSING AND SALES OF NON-CASH CONTRIBUTIONS DURING THE YEAR. THE ORGANIZATION RECEIVES VARIOUS TYPES OF GOLF EQUIPMENT AND GOLF APPARELL FROM VARIOUS PERSONS. THE GOLF EQUIPMENT AND APPARELL IS IMMEDIATELY SOLD FOR FAIR MARKET VALUE AND THE ORGANIZATION RECEIVES THE NET PROCEEDS FROM THE SALE. THE ORGANIZATION RECOGNIZES THE VALUE OF THE GOLF EQUIPMENT AS NONCASH CONTRIBUTION REVENUE BASED ON THE SELLING PRICE AND REPORTS THE SALES IN PART VIII. FORM 990, SCHEDULE O, SUBSEQUENT EVENT IN 2024, THE ORGANIZATION PLANS TO EXPAND ITS SERVICES INTO HENDRY COUNTY, FLORIDA. PLEASE NOTE THAT THIS EXPANSION IS NOT REFLECTED IN THE FINANCIAL STATEMENTS FOR THE YEAR ENDED DECEMBER 31, 2023. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE DRAFT FORM 990 IS PRESENTED TO BOARD MEMBERS FOR AN INDIVIDUAL REVIEW. BOARD MEMBERS MEET SUBSEQUENTLY TO MAKE INQUIRIES, DISCUSS QUESTIONS AND MAKE OR RECOMMEND CORRECTIONS. AFTER ADJUSTMENTS, THE TAX PREPARER SUBMITS A SECOND DRAFT TO THE BOARD FOR FINAL REVIEW AND APPROVAL. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ARE REQUIRED TO DISCLOSE ANY CONFLICT OF INTEREST AS IT ARISES. ATLEAST ANNUALLY BOARD MEMBERS ARE AGAIN ASKED TO DISCLOSE ANY CONFLICTS AND ARE REQUIRED TO DOCUMENT AND PRESENT TO THE BOARD THE ACTUAL CONFLICT. BOARD MEMBERS ARE ALSO APPRISED OF THE POLICY IN THE FOUNDATION BY LAWS. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS FOR DETERMINING COMPENSATION OF THE EXECUTIVE DIRECTOR AND KEY EMPLOYEES INCLUDES AN ANNUAL REVIEW AND APPROVAL PROCESS BY AN APPROVED COMMITTEE, COMPARABLE DATA IS REVIEWED BEFORE A FINAL DECISION IS MADE TO DETERMINE COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 A WRITTEN REQUEST MUST BE MADE FOR THE DOCUMENT NEEDED. THE ORGANIZATION WILL THEN FORWARD THE REQUESTED DOCUMENT VIA REGULAR MAIL. FORM 990, PART XI, LINE 9: PRIOR PERIOD ADJUSTMENT 35,203. FORM 990, PART XII, LINE 2C: THE ORGANIZATIONS FINANCE COMMITTEE MADE A DECISION TO CHANGE AUDITORS FOR THE FISCAL YEAR ENDING DECEMBER 31, 2023. THERE WAS NO CHANGE IN EITHER THE OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR.