2024-11-15T11:21:40-06:00 2023-12-31 941239084 ATHERTON & ASSOCIATES LLP PO BOX 4339 MODESTO CA 953524339 990 2023-01-01 260015069 FUTURE CITIZENS FOUNDATION DBA THE FIRST TEE OF MONTEREY COUNTY FUTU 8318003458 945 SOUTH MAIN STREET 210 SALINAS CA 93901 NICHOLAS NELSON CEO 8318003458 2024-11-14 1 1 JACQUELYN HOWELL P01327223 2095774800 X 2023 2024-10-15 13:58:12Z NICHOLAS NELSON 945 SOUTH MAIN STREET 210 SALINAS CA 93901 5019971 0 X WWW.FCF-CA.ORG X 2001 CA TO DELIVER A TARGETED CURRICULUM OF GOLF AND CHARACTER DEVELOPMENT, LIFE SKILLS, ACADEMIC SUPPORT, HIGHER EDUCATION, MENTORSHIP AND CAREER DEVELOPMENT. 21 20 82 200 -7224 0 4155705 4105976 247128 388865 71549 101576 -512831 -590056 3961551 4006361 281000 312500 0 0 1680644 2221032 0 0 156279 1375864 1419150 3337508 3952682 624043 53679 9274127 9629629 987372 1025163 8286755 8604466 X TO DELIVER A TARGETED CURRICULUM OF GOLF AND CHARACTER DEVELOPMENT, LIFE SKILLS, ACADEMIC SUPPORT, HIGHER EDUCATION, MENTORSHIP AND CAREER DEVELOPMENT. 0 0 1804862 0 82579 FIRST TEE - MONTEREY COUNTY (FTMC): FTMC IS A CHAPTER OF FIRST TEE AND SITUS UNDER THE PGA TOUR FOUNDATION. 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. WE'RE BUILDING GAME-CHANGERS THROUGH OUR JUNIOR GOLF PROGRAMS. FTMC PROVIDES ITS PROGRAMS AT ITS TWIN CREEKS GOLF CAMPUS LOCATED IN SALINAS, CALIFORNIA AND KING CITY GOLF COURSE LOCATED IN KING CITY, CALIFORNIA. AS OF OCTOBER 2023, FTMC DELIVERS THE FIRST TEES GOLF AND LIFE SKILLS EXPERIENCE CURRICULUM FROM JANUARY THROUGH DECEMBER DURING SCHOOL TIME, AFTER SCHOOL, ON WEEKENDS AND ON SCHOOL VACATIONS. SINCE 2004, OVER 110,000 ACTIVE PARTICIPANTS BETWEEN THE AGES OF 7 AND 18 YEARS OF AGE HAVE BEEN IMPACTED THROUGHOUT MONTEREY COUNTY. FTMC ALSO INCLUDES PROGRAMS THAT PROMOTE HEALTHY HABITS AND NUTRITION, AS WELL AS OFFERING HOMEWORK HELP AND TUTORING ASSISTANCE. DURING SCHOOL VACATIONS (SPRING, SUMMER, AND WINTER), FTMC DELIVERS EXTENDED PROGRAMMING THROUGH A VARIETY OF ACTIVITY CAMPS. WITH A FOCUS ON PROVIDING YOUTH OPPORTUNITIES FOR A BETTER FUTURE, PARTICIPANTS ENJOY THE PROGRAMMING PARTNERSHIPS WITH SEVERAL OTHER LOCAL NON-PROFIT ORGANIZATIONS AND FOR-PROFIT BUSINESSES THAT FTMC HAS DEVELOPED. THE ANNUAL REGISTRATION FEE FOR A PARTICIPANT IS $160. THE PARTNERSHIPS WITH LOCAL SCHOOL DISTRICTS HAVE RESULTED IN OVER 6,000 FULL SCHOLARSHIPS. NINETY-SIX PERCENT OF THE FTMC PARTICIPANTS ARE NON-CAUCASIAN, AND FORTY-EIGHT PERCENT ARE FEMALE. THE FCF BOARD BELIEVES THAT THE INVESTMENT OF OVER $2,200,000 IN NON-COLLECTED MEMBERSHIP FEES IS MORE THAN JUSTIFIED THROUGH THE POSITIVE IMPACT THAT THE PROGRAM HAS ON THE YOUNG PEOPLE'S LIVES AND CONSEQUENTLY, THE SURROUNDING COMMUNITIES. 312500 312500 0 PAY IT FORWARD SCHOLARSHIP AND MENTORING PROGRAM: ON FEBRUARY 2, 2013, THE CALIFORNIA STATE UNIVERSITY MONTEREY BAY, THROUGH ITS UNIVERSITY CORPORATION (UCORP), TRANSFERRED TO FCF ALL RIGHTS, TITLE OR INTEREST IN THE PAY IT FORWARD SCHOLARSHIP AND MENTORING PROGRAM (PIF). THIS INCLUDED ALL RIGHTS IN NAMES OR STYLES RELATING TO THE PROGRAM, IT BEING THE INTENT OF THE PARTIES THAT FCF SHALL OWN OUTRIGHT THE INTEREST, RIGHTS AND ASSETS BELONGING TO THE PROGRAM. ADDITIONALLY, FOR A PERIOD OF FOUR YEARS AFTER THE TRANSFER DATE, AND THEREAFTER, SUBJECT TO TERMINATION UPON THE GIVING OF ONE YEARS PRIOR WRITTEN NOTICE, UCORP AGREES TO CONTINUE TO PROVIDE FUNDING FOR ADMINISTRATIVE SERVICES FOR THE PROGRAM, CONSISTENT WITH THE CURRENT LEVEL OF FUNDING, BUT NOT TO EXCEED $110,000 PER YEAR. THIS PERMITS ALL FUNDS RAISED BY FCF FOR THE PROGRAM TO BE GRANTED 100 PERCENT TO STUDENT SCHOLARSHIPS. EACH STUDENT RECEIVES A $20,000 PIF SCHOLARSHIP AT $5,000 PER YEAR FOR FOUR YEARS AND IS REQUIRED TO STAY ON A FOUR-YEAR GRADUATION TRACK, MAINTAIN AT LEAST A 2.5 CUMULATIVE GRADE POINT AVERAGE, MEET PERSONALLY WITH HIS/HER COMMUNITY MENTOR AT LEAST ONCE A MONTH, PARTICIPATE IN EACH OF 10 MONTHLY PROGRAM MEETINGS, SPEND AT LEAST FIVE HOURS EACH MONTH TUTORING AND MENTORING YOUNGER STUDENTS, PRIMARILY THROUGH TFTMC, AND BE IN THE FIRST GENERATION OF THEIR FAMILY TO ATTEND COLLEGE. AS OF OCTOBER 2024, THERE ARE 61 STUDENTS RECEIVING SCHOLARSHIPS IN THE 2023-2024 SCHOOL YEAR, 142 STUDENTS HAVE GRADUATED UNDER THE PIF PROGRAM IN FOUR YEARS OR LESS, AND OF THOSE GRADUATED, 51 PERCENT DID SO WITH HONORS. 247032 0 0 THE TAYLOR FARMS CENTER FOR LEARNING (TFCFL): IN FEBRUARY 2014, OUR BOARD OF DIRECTORS APPROVED FUNDS TO CONSTRUCT A 5,000 SQUARE FOOT LEARNING CENTER ON THE CAMPUS IN SALINAS. CONSTRUCTION OF THE TFCFL BEGAN IN MARCH 2016 AND FCF TOOK OCCUPANCY IN SEPTEMBER 2016, WITH PROGRAM OPERATIONS COMMENCING IN MARCH 2017. THE CFL WAS CONSTRUCTED AT A COST OF $1.2M AND WAS COMPLETED ON TIME AND UNDER BUDGET. THE CFL PROVIDES A POWERFUL CURRICULUM OF ACADEMIC AND EDUCATIONAL SUPPORT AS WELL AS A CONTINUATION OF LIFE SKILLS AND CHARACTER DEVELOPMENT. THE CONTINUUM TOUCHES EACH PART OF THEIR LIFE FROM ELEMENTARY SCHOOL THROUGH COLLEGE. TO SUPPORT THE VISION OF OFFERING YOUNG PEOPLE OF MONTEREY COUNTY OPPORTUNITIES FOR A BRIGHTER FUTURE, THE CFL OFFERS PROGRAMS IN THREE PRIMARY FOCUS AREAS: ACADEMIA, SCIENCE, TECHNOLOGY, ENGINEERING, AND MATH (STEAM); PLUS LIFE EXPLORATION AND PREPARATION (LEAP). THE CFL SERVES AGES 7-22 FROM SPECIFIC GROUPS INCLUDING FIRST TEE - MONTEREY COUNTY PARTICIPANTS, THE PAY IT FORWARD SCHOLARSHIP AND MENTORING PROGRAM SCHOLARS AND THEIR MENTEES, AND ALUMNI OF FIRST TEE - MONTEREY COUNTY THAT MAY NOT BE COLLEGE-READY OR STILL EXPLORING LIFE OPTIONS. THE CFL PROVIDES ACADEMIC ENRICHMENT, STEAM ACTIVITIES, CODING AND GAME DESIGN CLASSES, AND CAREER EXPLORATION ACTIVITES, AS WELL AS A SAFE AFTER-SCHOOL ENVIRONMENT, AND OUT-OF-SCHOOL CAMPS FOR YOUTH IN MONTEREY COUNTY. 882134 0 334818 882134 334818 3246528 1 1 0 0 0 0 0 0 0 0 1 1 0 1 1 1 1 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 2 0 82 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 21 20 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X CLIFTONLARSONALLEN LLP 8317596300 1188 PADRE DRIVE SUITE 101 SALINAS CA 93901 GEOFF COUCH CHAIRMAN 4.00 X X 0 0 0 DAVID GILL VICE CHAIRMAN 4.00 X X 0 0 0 MICHAEL WINER VICE CHAIRMAN 4.00 X X 0 0 0 BRIAN ANTLE DIRECTOR 4.00 X 0 0 0 SYDNEY BURLISON DIRECTOR 4.00 X 0 0 0 PETER BUTLER DIRECTOR 4.00 X 0 0 0 LISA DAVIS DIRECTOR 4.00 X 0 0 0 ANKER FANOE DIRECTOR 4.00 X 0 0 0 ANTHONY GALLINO DIRECTOR 4.00 X 0 0 0 ERIK HALLGRIMSON DIRECTOR 4.00 X 0 0 0 AARON JOHNSON DIRECTOR 4.00 X 0 0 0 JOHN LOUIE DIRECTOR 4.00 X 0 0 0 DANIEL LYNCH DIRECTOR 4.00 X 0 0 0 HANK PLAIN DIRECTOR 4.00 X 0 0 0 VANYA QUINONES DIRECTOR 4.00 X 0 0 0 REUBEN RICHARDS DIRECTOR 4.00 X 0 0 0 NICHOLAS NELSON CEO/SECRETARY 40.00 X X 172620 0 15123 ANDREW ROSENBERG DIRECTOR 4.00 X 0 0 0 ROBERT SKINNER DIRECTOR 4.00 X 0 0 0 JULIE WIRTH DIRECTOR 4.00 X 0 0 0 BEN ZOLLER DIRECTOR 4.00 X 0 0 0 172620 0 15123 1 0 1 0 0 2351841 1754135 457426 4105976 GOLF COURSE OPERATIONS 713910 297790 297790 FIRST TEE OF MONTEREY COUNTY 611710 82579 82579 MEMBERSHIP DUES AND FEES 713910 8496 8496 388865 100861 100861 360547 359832 715 715 715 0 2351841 611364 -611364 -611364 35190 42414 -7224 -7224 OTHER INCOME 900099 28532 28532 28532 4006361 417397 -7224 -509788 X 312500 312500 187743 84484 84484 18775 1685629 1390338 234507 60784 19731 19645 86 172405 136990 28309 7106 155524 122864 26128 6532 221523 175003 37216 9304 13163 10399 2211 553 231169 182624 38836 9709 43155 34092 7250 1813 128658 115792 6433 6433 104912 82881 17625 4406 SUPPLIES 274486 216844 46114 11528 MAINTENANCE FEE 201898 159499 33919 8480 REPAIRS & MAINTENANCE 147833 116788 24836 6209 MISCELLANEOUS 30778 24314 5171 1293 21575 61471 -43164 3268 3952682 3246528 549875 156279 2005946 1389634 1400477 907464 403661 955313 16386 39004 4695 44868 2393285 1009652 1320707 1383633 3352208 4217814 532 465 769515 691434 9274127 9629629 182823 335475 37056 0 767493 689688 987372 1025163 X 6150222 6908784 2136533 1695682 8286755 8604466 9274127 9629629 53679 264032 0 X 0 1 X 1 0 X 2678544 2520134 5381028 4155705 4105976 18841387 211503 36180 146818 247128 388865 1030494 2890047 2556314 5527846 4402833 4494841 19871881 930886 946526 2720604 1389430 1275049 7262495 272 272 931158 946526 2720604 1389430 1275049 7262767 12609114 56550 47593 58406 78947 100861 342357 1438 69 2151 1612 0 5270 57988 47662 60557 80559 100861 347627 44152 13344 6880 28532 92908 2948035 2648128 5601747 4490272 4624234 20312416 0.62080 0.58160 0.01710 0.01650 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1402497 497649 904848 538956 177687 361269 423805 311419 112386 28027 22897 5130 1383633 VARIOUS INVESTMENTS 4217814 F 4217814 OTHER ASSETS 2903 OPERATING RIGHT-OF-USE ASSETS 688531 691434 OPERATING LEASE LIABILITIES 689688 689688 X 4312807 264032 42414 306446 4006361 0 4006361 3995096 42414 42414 3952682 0 3952682 PART X, LINE 2: MANAGEMENT HAS EVALUATED THE FOUNDATION'S TAX POSITIONS AND CONCLUDED THAT THE FOUNDATION HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS. THEREFORE, NO PROVISION OR LIABILITY FOR INCOME TAXES HAS BEEN INCLUDED IN THE FINANCIAL STATEMENTS. THE FOUNDATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE, OR LOCAL TAX AUTHORITIES FOR TAX YEARS ENDING DECEMBER 31, 2019 AND PRIOR. PART XI, LINE 2D - OTHER ADJUSTMENTS: PRO SHOP COST OF GOODS SOLD 42,414. PART XII, LINE 2D - OTHER ADJUSTMENTS: PRO SHOP COST OF GOODS SOLD 42,414. BOOTS, BOTTLES & BBQ 1375319 1375319 207465 0 10798 9250 193711 PENINSULA EVENT 698814 698814 36814 29556 53658 0 6362 2 277708 277708 0 23020 24623 502 0 15605 2351841 2351841 267299 54179 64958 9250 215678 611364 -611364 1 COLLEGE SCHOLARSHIPS 59 312500 PART I, LINE 2: THE ORGANIZATION REQUIRES GRANTEE REPORTS. X 0 0 0 0 0 0 0 0 0 NICHOLAS NELSON CEO/SECRETARY 172620 0 0 0 0 0 12800 0 2323 0 187743 0 0 0 X AUCTION ITEMS 0 267299 FAIR MARKET VALUE X SUPPLIES 0 144107 FAIR MARKET VALUE X LEASEHOLD IMPROVEMENTS 0 46020 FAIR MARKET VALUE 1 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE 990 WAS REVIEWED BY THE KEY BOARD MEMBERS BEFORE BEING FILED. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD AND MANAGEMENT SIGN AND REVIEW CONFLICT OF INTEREST STATEMENTS. FORM 990, PART VI, SECTION B, LINE 15 MANAGEMENT AND THE BOARD COMPARE SALARY RATES IN THEIR ORGANIZATION WITH THOSE OF SIMILAR ORGANIZATIONS TO DEVELOP COMPENSATION POLICIES AND RATES, WHICH ARE THEN APPROVED AT BOARD MEETINGS. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 24E DUES & SUBSCRIPTIONS: PROGRAM SERVICE EXPENSES 19,492. MANAGEMENT AND GENERAL EXPENSES 4,145. FUNDRAISING EXPENSES 1,036. TOTAL EXPENSES 24,673. BANK AND MERCHANT CHARGES: PROGRAM SERVICE EXPENSES 18,616. MANAGEMENT AND GENERAL EXPENSES 3,959. FUNDRAISING EXPENSES 990. TOTAL EXPENSES 23,565. EVENTS: PROGRAM SERVICE EXPENSES 15,486. MANAGEMENT AND GENERAL EXPENSES 3,293. FUNDRAISING EXPENSES 823. TOTAL EXPENSES 19,602. PROPERTY TAX: PROGRAM SERVICE EXPENSES 7,877. MANAGEMENT AND GENERAL EXPENSES 1,675. FUNDRAISING EXPENSES 419. TOTAL EXPENSES 9,971. BAD DEBT EXPENSE (RECOVERY): PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES -56,236. FUNDRAISING EXPENSES 0. TOTAL EXPENSES -56,236.