Future Citizens Foundation, The Firstee in Salinas, California (CA)
Table of contents:
| Future Citizens Foundation, The Firstee | |
| Employer Identification Number (EIN) | 260015069 |
| Name of Organization | Future Citizens Foundation |
| Secondary Name | The Firstee |
| In Care of Name | Ollie Nutt |
| Address | 1551 Beacon Hill Dr, Salinas, CA 93905-4800 |
| Subsection | Charitable Organization, Educational Organization |
| Ruling Date | 06/2002 |
| Deductibility | Contributions are deductible |
| Foundation | Organization which receives a substantial part of its support from a governmental unit or the general public |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2013 |
| Assets | $5,000,000 to $9,999,999 |
| Income | $5,000,000 to $9,999,999 |
| Filing Requirement | 990 (all other) or 990EZ return |
| Asset Amount | $5,504,255 |
| Amount of Income | $8,662,996 |
| Form 990 Revenue Amount | $8,529,820 |
| National Taxonomy of Exempt Entities (NTEE) | Recreation, Sports, Leisure, Athletics: Golf |
Non-representatives - add comments:
Amount of income in 2013: $8,662,996 (it was $7,931,706 in 2012)
| This organization: | $8,662,996 |
| Other organizations performing similar types of work: | $85,046 |
Assets in 2013: $5,504,255 (it was $3,952,438 in 2012)
| Future Citizens Foundation, The Firstee: | $5,504,255 |
| Other organizations performing similar types of work: | $40,564 |
Expenses in 2012: $6,417,443
| This organization: | $6,417,443 |
| Other organizations performing similar types of work: | $78,528 |
Income to expenses ratio in 2012: 1.3
| This organization: | 1.3 |
| Other organizations performing similar types of work: | 1.0 |
Number of employees in 2012: 55
| Future Citizens Foundation, The Firstee: | 55 |
| Other organizations performing similar types of work: | 4 |
Grants share in income in 2012: 35.4%
| Future Citizens Foundation, The Firstee: | 35.4% |
| Other organizations performing similar types of work: | 0.0% |
Revenue for 2012
Functional expenses for 2012
Support schedule
| Statements Regarding Other IRS Filings and Tax Compliance (for 2012) | |
| Did the organization have unrelated business gross income of $1,000 or more during the year? | Yes |
| Initiation fees and capital contributions | $0 |
| Gross receipts for public use of club facilities | $0 |
| Gross income from members or shareholders | $0 |
| Gross income from other sources | $0 |
| Statement of Revenue (for 2012) | |
| Total revenue | $7,354,785 |
| Contributions, Gifts, Grants and Other Similar Amounts | $2,604,674 |
| Program Service Revenue | $4,676,660 |
| Other Revenue | |
| Investment income (including dividends, interest, and other similar amounts) | $67,304 |
| Income from investment of tax-exempt bond proceeds | $0 |
| Royalties | $0 |
| Net rental income | $0 |
| Net loss from sales of assets other than inventory | $-3,932 |
| Gross amount from sales of assets other than inventory (Securities / Other) | $451,049 / $0 |
| Less: cost or other basis and sales expenses (Securities / Other) | $454,981 / $0 |
| Gain or (loss) (Securities / Other) | $-3,932 / $0 |
| Net income from fundraising events | $0 |
| Gross income from fundraising events | $86,518 |
| Less: direct expenses | $86,518 |
| Net income from gaming activities | $0 |
| Net income from sales of inventory | $9,069 |
| Gross sales of inventory, less returns and allowances | $44,491 |
| Less: cost of goods sold | $35,422 |
| Miscellaneous Revenue | $1,010 |
| Statement of Functional Expenses (for 2012) | |
| Total functional expenses | $6,417,443 |
| Compensation of current officers, directors, trustees, and key employees | $100,000 |
| Other salaries and wages | $703,852 |
| Payroll taxes | $78,241 |
| Professional fundraising services | $0 |
| Other | $5,535,350 |
| Balance Sheet (for 2012) | |
| Total assets | $3,952,438 |
| Total liabilities | $300,224 |
| Tax-exempt bond liabilities | $0 |
| Secured mortgages and notes payable to unrelated third parties | $0 |
| Unsecured notes and loans payable to unrelated third parties | $0 |
| Other | $300,224 |
| Total net assets or fund balances | $3,652,214 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Reason for Public Charity Status (for 2012) | |
| The organization is not a private foundation because it is: | An organization that normally receives: (1) more than 33 1/3 % of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3 % of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975 |
| Support Schedule for Organizations Described in Section 509(a)(2) (for 2012) | |
| 2008 - 2012 Total | |
|---|---|
| Total support | $21,618,010 |
| Gifts, grants, contributions, and membership fees received | $8,931,647 |
| Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose | $12,767,237 |
| Tax revenues levied for the organization's benefit and either paid to or expended on its behalf | $0 |
| The value of services or facilities furnished by a governmental unit to the organization without charge | $0 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources and Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975 | $-96,347 |
| Other | $15,473 |
| Unrelated Trade or Business Income (for 2008) | |||
| Income | Expenses | Net | |
|---|---|---|---|
| Total | $-98,054 | $0 | $-98,054 |
| Gross receipts or sales less returns and allowances | $0 | $0 | $0 |
| Cost of goods sold | $0 | $0 | $0 |
| Gross profit | $0 | $0 | $0 |
| Capital gain net income | $0 | $0 | $0 |
| Net gain | $0 | $0 | $0 |
| Capital loss deduction for trusts | $0 | $0 | $0 |
| Income (loss) from partnerships and S corporations | $0 | $0 | $0 |
| Rent income | $0 | $0 | $0 |
| Unrelated debt-financed income | $0 | $0 | $0 |
| Interest, annuities, royalties, and rents from controlled organizations | $0 | $0 | $0 |
| Investment income of a section 501(c)(7), (9), or (17) organization | $0 | $0 | $0 |
| Exploited exempt activity income | $0 | $0 | $0 |
| Advertising income | $0 | $0 | $0 |
| Other income | $-98,054 | $0 | $0 |
| Deductions Not Taken Elsewhere (for 2008) | |
| Total deductions | $0 |
| Compensation of officers, directors, and trustees | $0 |
| Salaries and wages | $0 |
| Repairs and maintenance | $0 |
| Bad debts | $0 |
| Interest | $0 |
| Taxes and licenses | $0 |
| Charitable contributions | $0 |
| Depreciation | $0 |
| Depletion | $0 |
| Contributions to deferred compensation plans | $0 |
| Employee benefit programs | $0 |
| Excess exempt expenses | $0 |
| Excess readership costs | $0 |
| Other deductions | $0 |
| Unrelated business taxable income | $-98,054 |
| Unrelated business taxable income before net operating loss deduction | $-98,054 |
| Net operating loss deduction | $0 |
| Unrelated business taxable income before specific deduction | $-98,054 |
| Specific deduction | $0 |
| Write your review! |
|
|
| Recently Added Reviews |
Ackright Premier Sports Inc in San Dimas, CA
 |
|
Trust Funds Inc in San Francisco, CA
|
| Foothill High School Super Boosters Club in Santa Ana, CA |
Hoi Bac Ai Phanxico Franciscan Charity Inc in San Francisco, CA
 |
|
Cuddlybear Thrift Store Inc in Fortuna, CA
|
Apostle Paul Ministries in Hayward, CA
 |
|
Adat Ari El in N Hollywood, CA
|
| Iglesia De Jesucristo Palabra-Miel in El Cajon, CA |
|
Nze Foundation in Vista, CA
|
|
Sgi-Usa Endowment in Santa Monica, CA
|
| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Golden State Golf Tour Association | 3575 Kenyon Street Ste 100, San Diego, CA 92110 | CA | 2008-08 | $476,472 |
| 2 | San Diego County Junior Golf Foundation | 6155 Cornerstone Ct E Ste 100a, San Diego, CA 92121-4737 | CA | 2010-11 | $278,583 |
| 3 | Southern Area Youth Programs Inc | 1921 W 98th St, Los Angeles, CA 90047-5900 | CA | 1996-02 | $254,889 |
| 4 | Torrey Pines Mens Golf Club Inc | PO BOX 28939, San Diego, CA 92198-0939 | CA | 2011-09 | $239,412 |
| 5 | Sacramento Golf Council | 5229 Willow Park Ct, Carmichael, CA 95608-5086 | CA | 2011-09 | $232,931 |
| 6 | San Joaquin Junior Golf Foundation | PO BOX 77919, Stockton, CA 95267-1219 | CA | 2002-03 | $200,750 |
| 7 | Morton Golf Foundation | 3645 Fulton Ave, Sacramento, CA 95821-1808 | CA | 2009-04 | $200,411 |
| 8 | Bruin18 Foundation | Jd Morgan Ctr 325 Westwood Plaza, Los Angeles, CA 90095 | CA | 2012-06 | $183,754 |
| 9 | Touchstone Golf Foundation | 1052 Overlook Road, Berkeley, CA 94708 | CA | 2009-05 | $150,330 |
| 10 | Living Oaks Middle School Academic Alliance Inc | 1100 Business Center Circle No B, Newbury Park, CA 91320 | CA | 2009-08 | $144,827 |
| 11 | U S G L L The Corporation, Us Golf Little League | PO BOX 15369, Long Beach, CA 90815-0369 | CA | 2008-08 | $137,748 |
| 12 | Aletheia Project, Dba Veritas World Junior | 400 S Hope Street, Los Angeles, CA 90071-2801 | CA | 2012-04 | $134,047 |
| 13 | Diversity Golf Foundation, Lorena Ochoa Golf Foundation | 7032 Alviso Ave, Riverside, CA 92509 | CA | 2010-03 | $133,024 |
| 14 | Indo-American Golf Association | 2331 Baker Way, San Ramon, CA 94582-5802 | CA | 2011-06 | $100,161 |
| 15 | Los Angeles Chinese Golf Club Inc | 2505 North Lamer Street, Burbank, CA 91504 | CA | 1998-12 | $85,139 |
| 16 | Silicon Valley Golf Club | 475 Cumberland Dr, Burlingame, CA 94010-2720 | CA | 2012-09 | $63,318 |
| 17 | Salinas Valley Junior Golf Association | PO BOX 2507, Salinas, CA 93902-2507 | CA | 1996-02 | $57,478 |
| 18 | Pga West Ladies Golf Association Inc | 55955 Pga Blvd, La Quinta, CA 92253-5677 | CA | 2008-06 | $50,890 |
| 19 | San Diego Inner City Junior Golf Foundation Inc | 5276 Churchward St, San Diego, CA 92114-3700 | CA | 2012-06 | $50,888 |
| 20 | San Gabriel Jr Golf Inc | P O Box 1675, Duarte, CA 90019 | CA | 2013-03 | $50,849 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total | 922 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Organization representatives - add corrected or new information about Future Citizens Foundation, The Firstee »
Non-representatives - add comments about Future Citizens Foundation, The Firstee»