First Tee Of Fort Smith Arkansas Inc
- Assets
- $1.2m
- Revenue
- $191.7k
- Investments
- $0.0
- Employees
- 8
- Location
- Fort Smith, AR
- Founding
- 01/2000
- Data as of
- 12/2018
- EIN
- 71-0828700
Organization Overview
First Tee Of Fort Smith Arkansas Inc is located in Fort Smith, AR. 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 12/2018, First Tee Of Fort Smith Arkansas Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. First Tee Of Fort Smith Arkansas Inc 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 12/2018, First Tee Of Fort Smith Arkansas Inc generated $191.7k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (2.0%) each year. All expenses for the organization totaled $242.5k during the year ending 12/2018. As we would expect to see with falling revenues, expenses have declined by (8.3%) per year over the past 4 years. 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
2018
Describe the Organization's Mission:
Part 3 - Line 1
TO MAINTAIN A FACILITY FOR GOLF AND GOLF TRAINING PROGRAMS FOR PEOPLE OF ALL SOCIAL STRATA, WITH A STRONG EMPHASIS AND PRIORITY ON PROVIDING CHILDREN AND YOUNG PEOPLE, REGARDLESS OF RACE AND ECONOMIC BACKGROUND, THE OPPORTUNITY TO LEARN TO PLAY GOLF.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GOLF FACILITY, GOLF TRAINING AND RELATED ACTIVITIES. FIRST TEE IS A YOUTH DEVELOPMENT PROGRAM THAT IS YEAR ROUND. WE SERVICE OVER 30,000 KIDS IN THE SURROUNDING AREA BY PROVIDING THE FIRST TEE PROGRAM IN 21 PUBLIC SCHOOLS. WE IMPACT THESE KIDS BY TEACHING THE BASIC GOLF SKILL AND 9 CORE VALUES IN LIFE SUCH AS; HONESTY, INTEGRITY, SPORTSMANSHIP, RESPONSIBILITY, PERSEVERANCE, JUDGMENT, CONFIDENCE, RESPECT AND COURTESY. FIRST TEE ALSO PROVIDES A DISABLILITY AND SPECIAL NEEDS PROGRAM THAT HAS OVER 250 PARTICIPANTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chris Murphy Executive Director | Officer | 40 | $45,000 |
Michelle Griffith Secretary | OfficerTrustee | 2 | $0 |
Allen Mcferran Chairman & Treasurer | OfficerTrustee | 5 | $0 |
Steve Arnold Director | OfficerTrustee | 2 | $0 |
Bryan Merry Vice Chairman | OfficerTrustee | 2 | $0 |
Marvin Chapin Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $34,266 |
| Fundraising events | $5,660 |
| Related organizations | $0 |
| Government grants | $13,139 |
| All other contributions, gifts, grants, and similar amounts not included above | $90,629 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $143,694 |
| Total Program Service Revenue | $0 |
| 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 | $35,520 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $10,618 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $191,683 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $3,037 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $45,000 |
| Compensation of current officers, directors, key employees. | $36,537 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $75,361 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $6,020 |
| Payroll taxes | $9,352 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,072 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $314 |
| Office expenses | $11,146 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $15,005 |
| Travel | $851 |
| 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 | $60,149 |
| Insurance | $12,710 |
| All other expenses | $0 |
| Total functional expenses | $242,461 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $176,932 |
| Savings and temporary cash investments | $50,822 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $890 |
| 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 | $979,040 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,207,684 |
| Accounts payable and accrued expenses | $2,590 |
| 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 | $94,806 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $97,396 |
| Unrestricted restricted net Assets | $0 |
| Temporarily restricted net Assets | $0 |
| Permanently restricted net Assets or current funds | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | $1,110,288 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that First Tee Of Fort Smith Arkansas Inc has recieved totaling $55,000.
| Awarding Organization | Amount |
|---|---|
World Golf Foundation Inc St Augustine, FL PURPOSE: GENERAL SUPPORT | $55,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Cw Operating Company Inc The Woodlands, TX | $35,688,745 | $20,678,239 |
Municipal Golf Association - Sa San Antonio, TX | $22,331,524 | $17,216,493 |
Century Club Charities Inc Ridgeland, MS | $7,710,776 | $11,649,002 |
Texas Golf Association Addison, TX | $2,534,829 | $5,619,733 |
Southern Texas Professional Golfers Association Foundation Spring, TX | $1,262,377 | $3,073,197 |
Houston Municipal Golf Association Inc Houston, TX | $10,363,171 | $2,409,607 |
Tennessee Golf Association Inc Franklin, TN | $4,139,217 | $1,862,884 |
Long Game Youth Foundation Of Central Texas Austin, TX | $2,484,827 | $2,206,567 |
South Central Section Of The Profes Sional Golf Association Broken Arrow, OK | $1,539,248 | $1,298,771 |
The First Tee Of Greater Houston Inc Houston, TX | $2,306,318 | $1,268,707 |
Ward County Golf Association Monahans, TX | $334,197 | $1,006,663 |
Metropolitan Amateur Golf Association Inc St Louis, MO | $741,254 | $893,233 |