First Tee New York Inc in Bronx, New York (NY)
Table of contents:
- Overview
- Detailed Reports
- Statements Regarding Other IRS Filings and Tax Compliance
- Statement of Revenue
- Statement of Functional Expenses
- Balance Sheet
- Reason for Public Charity Status
- Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi)
- Unrelated Trade or Business Income
- Deductions Not Taken Elsewhere
- Organizations performing similar types of work
First Tee New York Inc | |
Employer Identification Number (EIN) | 311724122 |
Name of Organization | First Tee New York Inc |
In Care of Name | Davidoff & Malito Llp |
Address | 3545 Jerome Ave, Bronx, NY 10467 |
Subsection | Educational Organization, Charitable Organization |
Ruling Date | 09/2000 |
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 | $1,000,000 to $4,999,999 |
Income | $1,000,000 to $4,999,999 |
Filing Requirement | 990 (all other) or 990EZ return |
Asset Amount | $2,778,295 |
Amount of Income | $4,411,820 |
Form 990 Revenue Amount | $4,306,077 |
National Taxonomy of Exempt Entities (NTEE) | Recreation, Sports, Leisure, Athletics: Golf |
Non-representatives - add comments:
Amount of income in 2013: $4,411,820 (it was $3,204,033 in 2012)
First Tee New York Inc: | $4,411,820 |
Other organizations performing similar types of work: | $85,046 |
Assets in 2013: $2,778,295 (it was $1,922,716 in 2012)
First Tee New York Inc: | $2,778,295 |
Other organizations performing similar types of work: | $40,564 |
Expenses in 2012: $2,753,458
This organization: | $2,753,458 |
Other organizations performing similar types of work: | $78,528 |
Income to expenses ratio in 2012: 1.6
First Tee New York Inc: | 1.6 |
Other organizations performing similar types of work: | 1.0 |
Number of employees in 2012: 72
This organization: | 72 |
Other organizations performing similar types of work: | 4 |
Employees paid over $100,000 in 2012: 1.4%
First Tee New York Inc: | 1.4% |
Other organizations performing similar types of work: | 0.0% |
Grants share in income in 2012: 47.9%
First Tee New York Inc: | 47.9% |
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 | $3,084,949 |
Contributions, Gifts, Grants and Other Similar Amounts | $1,476,208 |
Program Service Revenue | $773,604 |
Other Revenue | |
Investment income (including dividends, interest, and other similar amounts) | $7,425 |
Income from investment of tax-exempt bond proceeds | $0 |
Royalties | $0 |
Net rental income | $0 |
Net gain from sales of assets other than inventory | $0 |
Net loss from fundraising events | $-77,184 |
Gross income from fundraising events | $41,900 |
Less: direct expenses | $119,084 |
Net income from gaming activities | $0 |
Net income from sales of inventory | $0 |
Miscellaneous Revenue | $904,896 |
Statement of Functional Expenses (for 2012) | |
Total functional expenses | $2,753,458 |
Compensation of current officers, directors, trustees, and key employees | $103,494 |
Other salaries and wages | $1,060,760 |
Payroll taxes | $90,285 |
Professional fundraising services | $0 |
Other | $1,498,919 |
Balance Sheet (for 2012) | |
Total assets | $1,922,716 |
Total liabilities | $1,264,677 |
Tax-exempt bond liabilities | $0 |
Secured mortgages and notes payable to unrelated third parties | $1,022,480 |
Unsecured notes and loans payable to unrelated third parties | $0 |
Other | $242,197 |
Total net assets or fund balances | $658,039 |
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 a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi) |
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2012) | |
2008 - 2012 Total | |
---|---|
Total Support | $6,883,448 |
Gifts, grants, contributions, and membership fees received | $6,866,029 |
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 | $17,419 |
Gross receipts from related activities, etc. | $4,859,585 |
Unrelated Trade or Business Income (for 2008) | |||
Income | Expenses | Net | |
---|---|---|---|
Total | $537,906 | $0 | $537,906 |
Gross receipts or sales less returns and allowances | $537,906 | $0 | $0 |
Cost of goods sold | $0 | $0 | $0 |
Gross profit | $537,906 | $0 | $537,906 |
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 | $0 | $0 | $0 |
Deductions Not Taken Elsewhere (for 2008) | |
Total deductions | $823,520 |
Compensation of officers, directors, and trustees | $0 |
Salaries and wages | $97,085 |
Repairs and maintenance | $22,257 |
Bad debts | $0 |
Interest | $3,536 |
Taxes and licenses | $0 |
Charitable contributions | $0 |
Depreciation | $42,054 |
Depletion | $0 |
Contributions to deferred compensation plans | $0 |
Employee benefit programs | $18,127 |
Excess exempt expenses | $0 |
Excess readership costs | $0 |
Other deductions | $640,461 |
Unrelated business taxable income | $0 |
Unrelated business taxable income before net operating loss deduction | $-285,614 |
Net operating loss deduction | $0 |
Unrelated business taxable income before specific deduction | $-285,614 |
Specific deduction | $0 |
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Organizations performing similar types of work | |||||
Id | Name | Address | State | Established | Total Income |
---|---|---|---|---|---|
1 | Honors Junior Golf Association Inc | 97 S Windsor Ave, Brightwaters, NY 11718-1507 | NY | 2009-09 | $47,722 |
2 | Womens Rochester District Golf Association | 70 Weiland Woods Ln, Rochester, NY 14626-4057 | NY | 2007-03 | $43,098 |
3 | Dominican Golf Association Usa Inc | 565 W 207th St, New York, NY 10034-2670 | NY | 2011-04 | $10,187 |
4 | United Black Golfers Association Inc | 13149 224th St, Laurelton, NY 11413-1727 | NY | 2014-08 | $9,480 |
5 | Golden Eagle Golf Club Ny Inc | 22123 59th Ave, Oakland Gdns, NY 11364-1929 | NY | 2011-04 | $6,050 |
6 | Brooklyn Golf Alliance Inc | 2880 Flatbush Ave, Brooklyn, NY 11234-7007 | NY | 2013-05 | $2,000 |
7 | Hook A Kid On Golf Foundation Ofnew York Inc | 3664 Old Lakeview Rd, Hamburg, NY 14075-6121 | NY | 2008-07 | $25 |
8 | Black Jewels Ladies Golf Association Inc | 15 Max Place, New Windsor, NY 12553 | NY | 2005-11 | $0 |
9 | Brooklyn Jr Autistic Golfers Academy | Po Box 020171, Brooklyn, NY 11202 | NY | 2014-02 | $0 |
10 | Catskill Junior Tour Inc | Po Box 306, Hurleyville, NY 12747 | NY | 1999-08 | $0 |
11 | Community Junior Golf Program I Charitable Tr | 100 Main Street Unit D, Hempstead, NY 11550 | NY | 2000-06 | $0 |
12 | Dutchess County Real Estate Charity Golf Inc | 1078 Route 9 Ste 2, Fishkill, NY 12524-2559 | NY | 2015-02 | $0 |
13 | Friends Of The Bhutan Youth Golf Association | 336 Central Park West Apt 16a, New York, NY 10025 | NY | 2003-12 | $0 |
14 | Glen Cove 9 Hole Golf | 109 Lattingtown Road, Glen Cove, NY 11542 | NY | 2014-05 | $0 |
15 | Golf Camp For Kids Inc | 4333 Porter Rd, Niagara Falls, NY 14305-3325 | NY | 2001-02 | $0 |
16 | Golf Elite League Of Youth Inc | 860 Hancock Street, Brooklyn, NY 11233 | NY | 2015-02 | $0 |
17 | Golf Fore All | Po Box 1396, New York, NY 10018 | NY | 2011-02 | $0 |
18 | Hopson Hills Foundation | PO BOX 1607, Bridgehampton, NY 11932-1607 | NY | 2010-06 | $0 |
19 | Inner-City Student Golf-Usa Ltd | 1214 W Boston Post Rd, Mamaroneck, NY 10543 | NY | 2000-03 | $0 |
20 | Junior Golf Foundation Of Cny Inc | 5 Green Links Turn, Auburn, NY 13021-9673 | NY | 2000-08 | $0 |
Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Total | 922 |
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