2024-11-14T08:59:29-06:00 2023-12-31 561719839 Earney & Company LLP 710 Military Cutoff Road Suite 250 Wilmington NC 28405 990 2023-01-01 811220120 Greater Wilmington Youth Initiative Inc GREA 9102008240 310 Donald Ross Drive Wilmington NC 28409 Dennis Shanahan Chairman 9102008240 2024-11-13 1 0 Charles EarneyCPA P00085685 9102569995 2024-11-13 2023 2024-10-15 13:58:12Z First Tee of Greater Wilmington Dennis Shanahan 310 Donald Ross Drive Wilmington NC 28409 422994 0 X www.firstteegreaterwilmington.org X 2015 NC The First Tee of Greater Wilmington impacts 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. 16 16 9 15 0 0 421679 330097 92974 88249 537 4648 0 0 515190 422994 0 0 0 0 189331 242353 0 0 98888 221824 248495 411155 490848 104035 -67854 954433 903358 6888 23667 947545 879691 The First Tee of Greater Wilmington impacts 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 274240 88249 The chapter is one of many in the First Tee network. The First Tee is reaching young people in all 50 states and select international locations on golf courses, in elementary schools, and through other youth-serving organizations. In 2016, First Tee brought character education through the game of golf to more than 5.3 million young people. First Tee of Greater Wilmington was operated under the auspices of Carol S. Petrea Youth Golf Foundation and incorporated in 2015 as a nonprofit organization operating on their own. 274240 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 9 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 16 16 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NC X Brittany Zachrich 9102008240 310 Donald Ross Drive Wilmington NC 28405 Dennis Shanahan Chairman 5.00 X X 0 0 0 Gordon D Dalgleish Honorary Chairman 5.00 X X 0 0 0 David Hamilton Treasurer 5.00 X X 0 0 0 Andy Jones Secretary 5.00 X X 0 0 0 Neal Andrew Board Member 2.00 X 0 0 0 Jonathan Barfield Board Member 2.00 X 0 0 0 Ann Boston Board Member 2.00 X 0 0 0 Patrick Boykin Board Member 2.00 X 0 0 0 Chris Byrd Board Member 2.00 X 0 0 0 Jason Cherry Board Member 2.00 X 0 0 0 Harrison Gould Board Member 2.00 X 0 0 0 Jerry T Hannant Board Member 2.00 X 0 0 0 Clint Howell Board Member 2.00 X 0 0 0 Veronica S McLaurin-Brown Board Member 2.00 X 0 0 0 Chad Pearson Board Member 2.00 X 0 0 0 Brittany Zachrich Executive Director 40.00 X 73500 0 0 73500 0 0 0 0 0 0 0 150593 179504 330097 Participant Fees 611600 69273 69273 Non-Golf Events & Acti 611600 18976 18976 88249 4648 4648 0 150593 0 0 422994 88249 0 4648 73500 33193 20951 19356 145014 65488 41336 38190 6286 2954 2012 1320 17553 8250 5617 3686 7305 7305 23779 20273 3506 12751 12751 62061 62061 8217 4179 4038 48748 48748 15092 15092 Golf outings & events 29627 29627 Professional Fees 24341 24341 Non-Golf Events 6267 6267 Other Fundraising Expen 5024 4582 442 5283 4456 827 490848 274240 117720 98888 289371 268171 33000 3334 924083 288896 628728 635187 954433 903358 6888 23667 6888 23667 X 883145 879691 64400 0 947545 879691 954433 903358 -67854 0 X 0 1 X 1 0 X 534536 262367 318420 367743 418346 1901412 111283 114416 98454 194197 150593 668943 645819 376783 416874 561940 568939 2570355 0 0 0 2570355 4648 4648 4648 4648 645819 376783 416874 561940 573587 2575003 0.99820 1.00000 0.00180 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 924083 288896 635187 635187 X 422994 0 422994 0 422994 490848 0 490848 0 490848 Part X, Line 2: Accounting principles generally accepted in the United States of America require Greater Wilmington Youth Initiative, Inc.'s management to evaluate tax positions taken by Greater Wilmington Youth Initiative, Inc. and recognize a tax liability (or asset) if Greater Wilmington Youth Initiative, Inc. has taken an uncertain position that more likely than not would not be sustained upon examination by the Internal Revenue Service. Greater Wilmington Youth Initiative, Inc. has analyzed the tax positions taken and has concluded that as of December 31, 2023, there are no uncertain positions taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the financial statements. Greater Wilmington Youth Initiative, Inc. is subject ot routine audits by taxing jurisdictions. However, there are currently no audits for any tax periods in progress. Greater Wilmington Youth Initiative, Inc. believes it is not subject to income tax examinations for years prior to 2020. Golf Outings & Events 150593 150593 150593 150593 Form 990, Part VI, Section B, line 11b The form 990 is distributed to all board members prior to filing with the IRS. Members are able to comment at this time. Form 990, Part VI, Section B, line 12c Board members are required to report any conflicts of interest to the entire board. Form 990, Part VI, Section B, line 15 The board of directors determines the compensation to be paid to the executive director and other managers. The CEO serves as a volunteer without compensation. Compensation for other positions is determined by comparable written salary guidelines including documented surveys based on the First Tee Network averages for same positions. Form 990, Part VI, Section C, line 19 Governing documents, independent audit reports, and federal 990 tax forms are available to the public at the business address with prior appointment.