Form 990 for tax year 2023
Filed by FORT WORTH JUNIOR GOLF FOUNDATION INCORPORATED.
Totals
- Total revenue
- $1,454,317
- Total expenses
- $1,743,027
- Contributions and grants received
- $835,881
- Grants paid
- $0
- Program service revenue
- $286,459
- Investment income
- $34,159
- Other revenue
- $297,818
- Total assets, end of year
- $4,736,803
- Total liabilities, end of year
- $107,275
- Net assets or fund balances, end of year
- $4,629,528
- Program services expenses (Part IX)
- $1,292,281
- Management and general expenses
- $443,733
- Fundraising expenses
- $7,013
- Program service expenses (Part III)
- $1,292,281
Program services were 74.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1e · Government grants (contributions)
$835,881
-
2a · Program service revenue: CLASS FEES
total $148,695 · related or exempt $148,695
-
2b · Program service revenue: CAMP FEES
total $111,462 · related or exempt $111,462
-
2c · Program service revenue: TOURNAMENT/LEAGUE FEES
total $26,302 · related or exempt $26,302
-
3 · Investment income
total $34,159 · related or exempt $34,159
-
8a · Fundraising events: gross income
$382,870
-
8b · Fundraising events: direct expenses
$84,917
-
8c · Net income from fundraising events
total $297,953
-
11a · Other revenue: GAIN (LOSS) MARKET VALUE
total -$135 · related or exempt -$135
-
11e · Other revenue, total
-$135
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $160,000 · management and general $160,000
-
7 · Other salaries and wages
total $874,189 · program services $874,189
-
8 · Pension plan contributions
total $24,139 · program services $24,139
-
9 · Other employee benefits
total $57,555 · program services $57,555
-
10 · Payroll taxes
total $93,595 · program services $93,595
-
11c · Fees: accounting
total $15,463 · management and general $15,463
-
12 · Advertising and promotion
total $1,425 · fundraising $1,425
-
13 · Office expenses
total $4,061 · management and general $4,061
-
17 · Travel
total $31,569 · program services $26,171 · management and general $5,398
-
20 · Interest
total $41,840 · management and general $41,840
-
23 · Insurance
total $49,434 · management and general $49,434
-
24a · Other expenses: GREEN FEES / RANGE BALLS
total $48,335 · program services $48,335
-
24b · Other expenses: PROGRAM CONTRACT SERVICES
total $33,235 · program services $33,235
-
24c · Other expenses: ADMIN CONTRACT SERVICES
total $29,654 · management and general $29,654
-
24d · Other expenses: 51 PROGRAM EXPENSES:TECHN
total $29,560 · management and general $29,560
-
24e · All other expenses
total $248,973 · program services $135,062 · management and general $108,323 · fundraising $5,588
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,303,913 · end of year $317,178
-
3 · Pledges and grants receivable
beginning of year $24,750 · end of year $14,750
-
10a · Land, buildings and equipment: cost or other basis
$4,398,518
-
10c · Land, buildings and equipment, net
beginning of year $4,398,518 · end of year $4,398,518
-
11 · Investments: publicly traded securities
beginning of year $8,838 · end of year $6,357
-
17 · Accounts payable and accrued expenses
beginning of year $67,201 · end of year $60,856
-
19 · Deferred revenue
beginning of year $743,889 · end of year $43,496
-
25 · Other liabilities
beginning of year $6,211 · end of year $2,923
-
27 · Net assets without donor restrictions
beginning of year $3,368,306 · end of year $3,079,116
-
28 · Net assets with donor restrictions
beginning of year $1,550,412 · end of year $1,550,412
Mission and programs · 2023
Mission
TO IMPACT THE LIVES OF ALL YOUNG PEOPLE BY PROVIDING PARTICIPATION IN THE FIRST TEE'S LIFE SKILLS CURRICULUM AND ITS NINE CORE VALUES THROUGH THE GAME OF GOLF, THEREBY INSTILLING LIFE ENHAMCING VALUES THAT ENCOURAGE LEADERSHIP, BUILD CHARACTER, FOSTER COMMUNITY SERVICE AND PROMOTE WELLNESS.
-
FIRST TEE OF FORT WORTH PROVIDES EDUCATIONAL PROGRAMS THAT BUILD CHARACTER, INSTILL LIFE-ENHANCING VALUES AND PROMOTE HEALTHY CHOICES THAT HELP YOUNG PEOPLE BECOME BETTER CITIZENS.
Expenses $1,292,281 · Revenue $286,459
-
DURING THE CALENDAR YEAR 2023, FIRST TEE OF FORT WORTH RECEIVED GRANTS FROM PRIVATE FOUNDATION AND CORPORATIONS IN THE AMOUNT OF 495,007.58 WHICH WERE UTILIZED TO BRING CHARACTER EDUCATION PROGRAMS TO CHILDREN AND YOUTH.
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Jr HollandJR HOLLAND
EXECUTIVE DI
- Total calculated
- $160,000
- From this org
- $160,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $160,000
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- not reported
- Filer's total
- $160,000
-
Graham C MarshallGRAHAM C MARSHALL
PRESIDENT
- Total calculated
- $0
- Hours/week
- 3
-
Jason SniderJASON SNIDER
VICE PRESIDE
- Total calculated
- $0
- Hours/week
- 3
-
Harold MuckleroyHAROLD MUCKLEROY
TREASURER
- Total calculated
- $0
- Hours/week
- 3
-
Ken VenezioKEN VENEZIO
SECRETARY
- Total calculated
- $0
- Hours/week
- 3
-
Jeffrey F BoswellJEFFREY F BOSWELL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
Stephen GilchristSTEPHEN GILCHRIST
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
David HardinDAVID HARDIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
Holly HinseyHOLLY HINSEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
Andrew S HuntANDREW S HUNT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
Eric HymanERIC HYMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
Kylan JonesKYLAN JONES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
Mitchell MantuaMITCHELL MANTUA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
Joe MontyJOE MONTY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
Monique PurdonMONIQUE PURDON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
Brian WilliamsBRIAN WILLIAMS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
James QuinnJAMES QUINN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 10 May 2024
- IRS schema version
- 2023v5.0
- Source object
- 202401359349310170
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