Quad Cities Life Skills Development Foundation
- Assets
- $815.6k
- Revenue
- $358.6k
- Investments
- $0.0
- Employees
- 10
- Location
- Davenport, IA
- Founding
- 12/2000
- Data as of
- 12/2023
- EIN
- 42-1510940
Organization Overview
Quad Cities Life Skills Development Foundation, operating under the name First Tee Quad Cities, is located in Davenport, IA. The organization was established in 2000. According to its NTEE Classification (N6A) the organization is classified as: Golf, under the broad grouping of Recreation & Sports and related organizations. As of 12/2023, First Tee Quad Cities employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. First Tee Quad Cities is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, First Tee Quad Cities generated $358.6k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 13.4% each year . All expenses for the organization totaled $321.3k during the year ending 12/2023. While expenses have increased by 16.6% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
FIRST TEE IS A YOUTH DEVELOPMENT ORGANIZATION THAT ENABLES KIDS TO BUILD THE STRENGTH OF CHARACTER THAT EMPOWERS THEM THROUGH A LIFETIME OF NEW CHALLENGES. BY SEAMLESSLY INTEGRATING THE GAME OF GOLF WITH A LIFE SKILLS CURRICULUM, WE CREATE ACTIVE LEARNING EXPERIENCES THAT BUILD INNER STRENGTH, SELF-CONFIDENCE, AND RESILIENCE THAT KIDS CAN CARRY TO EVERYTHING THEY DO.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CLASSROOM LIFE SKILL AND GOLF COURSE INSTRUCTIONAL ACTIVITIES ARE HELD AT SEVERAL LOCATIONS IN THE QUAD CITIES. APPROXIMATELY 1100 CHILDREN PARTICIPATE IN THE PROGRAMS ANNUALLY. THE PROGRAMS TEACH LIFE SKILLS SUCH AS RESPECT, HONESTY AND INTEGRITY AND THESE LIFE SKILLS ARE INTERWOVEN IN A CLASSROOM SETTING ALONG WITH GOLF COURSE ACTIVITIES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sonia Berg Director | Trustee | 1 | $0 |
Nathan Billany Director | Trustee | 1 | $0 |
Jeff Cornelius Director | Trustee | 1 | $0 |
Chad Dyson Director | Trustee | 1 | $0 |
Stephanie Eckhardt Director | Trustee | 1 | $0 |
Chad Everit Treasurer | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $234,789 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $234,789 |
| Total Program Service Revenue | $72,456 |
| Investment income | $15,597 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $35,714 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $358,556 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $98,000 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $74,069 |
| Pension plan accruals and contributions | $2,025 |
| Other employee benefits | $0 |
| Payroll taxes | $13,603 |
| Fees for services: Management | $1,135 |
| Fees for services: Legal | $10 |
| Fees for services: Accounting | $3,278 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $29,439 |
| Office expenses | $1,576 |
| Information technology | $4,000 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $13,539 |
| Insurance | $8,484 |
| All other expenses | $10,697 |
| Total functional expenses | $321,256 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $27,554 |
| Savings and temporary cash investments | $440,151 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $50,000 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $297,909 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $815,614 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $211,332 |
| Total liabilities | $211,332 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $604,282 |
| Total liabilities and net assets/fund balances | $815,614 |
Grants Awarded
Over the last fiscal year, Quad Cities Life Skills Development Foundation has awarded $869,399 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
CITY OF DAVENPORT PURPOSE: FIRST TEE LEARNING CENTER | $734,157 |
CITY OF ROCK ISLAND PURPOSE: FIRST TEE LEARNING CENTER | $135,242 |