2025-11-14T16:52:13-06:00 2024-12-31 902640219 DAVID M THORSON CPA PA 4440 PGA BOULEVARD SUITE 600 PALM BEACH GARDENS FL 33410 990 2024-01-01 650262208 CHILDREN'S GOLF FOUNDATION INC CHIL 5618420066 7301 NORTH HAVERHILL ROAD RIVIERA BEACH FL 334071034 DAVID THORSON TREASURER 5619739995 2025-11-14 1 0 DAVID M THORSON P00184020 5619739995 2025-11-11 2024 2025-03-06 01:10:19Z FIRST TEE - FLORIDA GOLD COAST CARL J MISTRETTA 7301 NORTH HAVERHILL ROAD RIVIERA BEACH FL 334071034 2534285 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. 17 17 25 155 0 0 894932 1282346 128706 122562 29844 49552 453851 561344 1507333 2015804 51042 174897 0 0 1145041 1261079 0 0 168519 779947 836534 1976030 2272510 -468697 -256706 3496791 3298152 195922 253989 3300869 3044163 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 384294 174897 122562 OUR ORGANIZATION'S LARGER TERRITORY INCLUDES PALM BEACH, MARTIN, ST. LUCIE AND BROWARD COUNTIES. IN 2024, WE SERVED 4,710 KIDS AND TEENS IN FIRST TEE PROGRAMS, 1,035 CHILDREN WITH SPECIAL NEEDS AND 763 VETERANS. 61% OF OUR STUDENTS ARE ETHNICALLY DIVERSE (PRIMARILY AFRICAN AMERICAN OR HISPANIC) AND 40% FEMALE. WE PARTNER WITH OTHER YOUR ORGANIZATIONS THAT SERVE UNDERREPRESENTED 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 BACKGROUND CHECKED AND RECEIVE ONLINE AND IN-PERSON TRAINING FROM FIRST TEE HEADQUARTERS. TWELVE 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. EIGHTEEN CHAPTER ALUMNI WERE AWARDED COLLEGESCHOLARSHIPS FOR THE 2024-2025 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 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, 2024, OVER $87,000 WERE AWARDED IN COLLEGE SCHOLARSHIPS WHICH WERE APPROVED BY THE SCHOLARSHIP COMMITTEE. 821699 0 0 THE PALM BEACHES CHAPTER OPERATED A 12-ACRE GOLF PRACTICE FACILITY IN DYER PARK, INCLUDING ALL TURF RELATED MAINTENANCE. THIS CHAPTER DELIVERED PROGRAMS AT 12 GREEN GRASS LOCATIONS AND SERVED 2,024 KIDS AND TEENS IN FIRST TEE PROGRAMS, 684 SPECIAL NEEDS STUDENTS AND 395 VETERANS. 355750 0 0 THE MARTIN/ST. LUCIE COUNTIES CHAPTER MOVED ITS OFFICES TO THE SHORES AT NORTH RIVER GOLF CLUB. THEY ALSO OPERATE PROGRAMS AT A FOOTBALL SIZE ARTIFICIALTURF FACILITY IN FT. PIERCE, ONE OF THE MOST UNDERSERVED AREAS IN OUR TERRITORY. THIS CHAPTER DELIVERED PROGRAMS AT 10 GREEN GRASS LOCATIONS AND SERVED 1,281 KIDS AND TEENS IN FIRST TEE PROGRAMS, 149 SPECIAL NEEDS STUDENTS AND 223 VETERANS. 364854 0 0 THE BROWARD COUNTY CHAPTER CONTINUED ITS GROWTH AND DELIVERED PROGRAMS AT 12 GREEN GRASS LOCATIONS. THE CHAPTER CONTINUED ITS VERY SUCCESSFUL PGA JUNIOR LEAGUE PROGRAM FOR ITS ADVANCED STUDENTS. THIS CHAPTER SERVED 1,405 KIDS AND TEENS IN FIRST TEE PROGRAMS, 202 SPECIAL NEEDS STUDENTS AND 145 VETERANS. 364854 0 0 1926597 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 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 49 0 1 25 1 0 0 0 0 0 0 0 0 0 0 X 17 17 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 X DANIEL YOUNG CHAIRMAN 4.00 X X 0 0 0 KENNETH R KENNERLY VICE CHAIRMAN 4.00 X X 0 0 0 ANDREW HUNT TREASURE COAST PRESIDENT/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 BOBBY HENDEL DIRECTOR 1.00 X 0 0 0 MARIA MARINO DIRECTOR 1.00 X 0 0 0 LISA NAPOLI TREASURE COAST VICE PRESIDENT 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 RICHARD SHEEHAN DIRECTOR 1.00 X 0 0 0 GREG THOMPSON BROWARD PRESIDENT 1.00 X 0 0 0 GERRY LITRENTO DIRECTOR 1.00 X 0 0 0 DR EDWARD SLOTNICK PALM BEACH VICE PRESIDENT 1.00 X 0 0 0 JEN HONG DIRECTOR 1.00 X 0 0 0 JOE GORMAN PALM BEACH PRESIDENT 1.00 X 0 0 0 ERICA BENNETT TREASURE COAST VICE PRESIDENT 1.00 X 0 0 0 CARL J MISTRETTA JR EXECUTIVE DIRECTOR 60.00 X 157150 0 53357 157150 0 53357 1 0 1 0 0 1282346 159140 1282346 GOLF INSTRUCTION 713910 122562 122562 122562 49552 49552 159140 159140 0 0 920685 359341 561344 561344 2015804 122562 0 610896 75000 75000 99897 99897 157150 125720 12572 18858 841235 666222 75005 100008 34753 28672 2606 3475 153455 126600 11509 15346 74486 61451 5586 7449 169505 169505 25036 10014 15022 6639 5477 498 664 74567 52197 7457 14913 26705 17289 4708 4708 18681 16813 1868 78435 59992 18443 33679 28721 2479 2479 13924 12686 619 619 2855 2855 53294 47965 5329 16022 5184 10838 GOLF MATERIALS AND SUPP 116481 116481 GOLF EQUIPMENT RENTAL 23265 23265 GOLF EQUIPMENT REPAIRS 19881 19881 GOLF AREA IRRIGATION 11533 11533 146032 146032 2272510 1926597 177394 168519 1338101 1305613 146867 139082 1270056 1058087 30391 64154 5000 1349769 623553 711376 726216 3496791 3298152 61143 57198 75000 11286 8443 123493 113348 195922 253989 X 2429923 2341112 870946 703051 3300869 3044163 3496791 3298152 -256706 0 X X 0 1 X 1 0 X 1097022 2210914 1744223 894932 1404908 7351999 39000 39000 39000 89074 89074 295148 1136022 2249914 1783223 984006 1493982 7647147 276893 7370254 5312 2036 7162 29844 49552 93906 416 416 7741469 0.95200 0.92540 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 313963 313963 486130 158295 327835 359352 308752 50600 190324 156506 33818 726216 X 2686728 311583 359341 670924 2015804 0 2015804 2943434 311583 359341 670924 2272510 0 2272510 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 359,341. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING 359,341. PB 100 HOLE CHALLENGE 313475 313475 18558 ROSIE GOLF TOURNAMENT 249889 249889 17538 74477 50607 9 357321 357321 148621 49540 920685 920685 17538 223098 118705 359341 561344 1 EVANS SCHOLARS FOUNDATION 2501 PATRIOT BOULEVARD GLENVIEW IL 600268022 362518129 501(C)(3) 75000 0 BOOK ASSSISTANCE WITH FULL COLLEGE SCHOLARSHIP COVERING TUITION AND HOUSING, AWARDED TO DESERVIING YOUNG MEN AND WOMEN CADDIES WITH LIMITED FINANCIAL MEANS. 1 SCHOLARSHIPS FOR STUDENTS ATTENDING COLLEGE 18 99897 0 BOOK 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 157150 0 0 0 0 0 5701 0 47656 0 210507 0 0 0 PART I, LINE 3 THE BOARD REVIEWS AND APPROVES THE COMPENSATION OF ALL EMPLOYEES. X GOLF EQUIPMENT 100 159140 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, 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 XII, LINE 2C THE ORGANIZATIONS HAS A FINANCE COMMITTEE THAT OVERSEES THE AUDIT PROCESS. THIS PROCESS HAS NOT CHANGED FROM PRIOR YEAR.