Future Talent Of Silicon Valley

Organization Overview

Future Talent Of Silicon Valley, operating under the name The First Tee Of Silicon Valle, is located in Santa Clara, CA. The organization was established in 2013. According to its NTEE Classification (N6A) the organization is classified as: Golf, under the broad grouping of Recreation & Sports and related organizations. As of 12/2021, First Tee Of Silicon Valle employed 39 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. First Tee Of Silicon Valle 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 12/2021, First Tee Of Silicon Valle generated $1.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.2% each year . All expenses for the organization totaled $999.9k during the year ending 12/2021. While expenses have increased by 4.5% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE FUTURE TALENT OF SILICON VALLEY DEVELOPS YOUTH THROUGH THE GAME OF GOLF. OUR MISSION IS TO IMPACT YOUNG PEOPLE THROUGH EDUCATIONAL PROGRAMS THAT BUILD CHARACTER, INSTILL LIFE-ENHANCING VALUES, AND PROMOTE HEALTHY CHOICES, THROUGH THE GAME OF GOLF. CONTINUED ON SCH O.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE FUTURE TALENT OF SILICON VALLEY DELIVERS YOUTH DEVELOPMENT PROGRAMS THROUGH OUTREACH (IN AND AFTER SCHOOL) & CERTIFYING CLASSES (AT AREA GOLF COURSES). THE CHILDREN IN OUR PROGRAM BEHAVE BETTER, GET BETTER GRADES, AND ARE HEALTHIER THAN THEIR PEERS. MORE THAN 4,000 YOUTH PARTICIPATED IN OUTREACH AND 821 PARTICIPATED IN CERTIFYING CLASSES IN 2021. TOTAL PROGRAM IMPACT WAS APPROXIMATELY 80% OF NORMAL DUE TO COVID PANDEMIC. OUTREACH: OVER 95% OF PARTICIPANTS CAME FROM DIVERSE BACKGROUNDS (E.G. LATINO), 50% WERE GIRLS, AND OVER 75% WERE ON THE FREE/REDUCED LUNCH PROGRAM AT THEIR SCHOOLS. ALL OUTREACH PROGRAMS ARE FREE TO YOUTH AND THEIR FAMILIES. CERTIFYING: OVER 85% OF CERTIFYING PARTICIPANTS CAME FROM DIVERSE BACKGROUNDS, 40% WERE GIRLS. MORE THAN 50% OF CURRENT CLASS COSTS ARE COVERED BY CONTRIBUTIONS, KEEPING CLASS FEES AFFORDABLE. MORE THAN 25% OF FAMILIES STILL REQUIRED FULL FINANCIAL AID TO COVER THE $210 CLASS FEE. THESE FAMILIES PAY JUST $20.


THE FUTURE TALENT OF SILICON VALLEY PAYS FOR ITS USE OF AREA GOLF COURSES THROUGH GREEN FEES, RANGE BALLS, INSTRUCTION, FOOD AND BEVERAGE CHARGES, MEETING SPACE RENTALS, AND MORE. THE OPERATIONS COST FOR THESE ITEMS IS $12 FOR A FULL 8-WEEK CLASS. GREEN FEES ARE TYPICALLY $5 PER PARTICIPANT PER ROUND - ABOUT $40 FOR AN 8-WEEK CLASS. THESE CHARGES ARE OFFSET THROUGH CONTRIBUTIONS AND PARTICIPANT FEES.


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)Compensation
George Maxe
President CEO
$188,396
Judy Deaton
Development Director
$125,800
Victor M Arranaga Jr
Chair
$0
Ron Hallagan
Secretary
$0
Jay Stewart
Treasurer
$0
Frank Wilde
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$227,594
Related organizations$0
Government grants $273,868
All other contributions, gifts, grants, and similar amounts not included above$737,744
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,239,206
Total Program Service Revenue$249,797
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events -$16,733
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,480,874

Grants Recieved

Over the last fiscal year, we have identified 7 grants that Future Talent Of Silicon Valley has recieved totaling $264,554.

Awarding OrganizationAmount
Pga Tour First Tee Foundation Inc

Ponte Vedra Beach, FL

PURPOSE: GENERAL SUPPORT

$164,999
Silicon Valley Community Foundation

Mountain View, CA

PURPOSE: Youth Development

$34,000
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$22,555
Pharmaceutical Research And Manufacturers Of America

Washington, DC

PURPOSE: General Contribution

$21,000
Schwab Charitable Fund

San Francisco, CA

PURPOSE: HUMAN SERVICES

$11,000
The Olympic Club Foundation

San Francisco, CA

PURPOSE: GENERAL OPERATING SUPPORT

$10,000
View Grant Recipient Profile

Create an account to unlock the data you need.

or