THE FIRST TEE OF LAKE ERIE

EIN: 465657531 501(c)(3) Recreation & Sports

TOLEDO, OH

Total Revenue
$1,041,496
Total Expenses
$764,350
Total Assets
$6,240,154
Net Assets
$5,308,437
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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
OH
Phone
4193765945
Tax Period
2024-01-01 to 2024-12-31

THE FIRST TEE OF LAKE ERIE, founded in 2014, is a community nonprofit in the Recreation & Sports sector that reported $1.0M in total revenue in fiscal year 2024. Revenue grew 19% year-over-year, indicating healthy expansion. The organization ran a surplus of $277K, a strong 27% operating margin.

Mission

THE FIRST TEE OF LAKE ERIE IS A NON-PROFIT YOUTH DEVELOPMENT ORGANIZATION. ITS PURPOSE IS TO GIVE YOUNG PEOPLE OF ALL BACKGROUNDS AN OPPORTUNITY TO DEVELOP THROUGH GOLF AND CHARACTER EDUCATION, LIFE-ENHANCING VALUES SUCH AS HONESTY, INTEGRITY AND SPORTSMANSHIP. THE MISSION OF THE FIRST TEE OF LAKE ERIE IS TO IMPACT THE LIVES OF YOUNG PEOPLE BY PROVIDING EDUCATIONAL PROGRAMS THAT BUILD CHARACTER, INSTILL LIFE-ENHANCING VALUES AND PROMOTE HEALTHY CHOICES THROUGH THE GAME OF GOLF.

Program Service Accomplishments

Program 1
Expenses: $108,014 Revenue: $39,411

SUMMER PROGRAMMING - WE CURRENTLY SERVICE THE COUNTIES OF DEFIANCE, HENRY, LUCAS, OTTAWA, SANDUSKY, SENECA AND WOOD IN OHIO. OUR LIFE-SKILLS EXPERIENCE PROGRAM (LSE) USES GOLF TO TEACH YOUTH LIFE...

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SUMMER PROGRAMMING - WE CURRENTLY SERVICE THE COUNTIES OF DEFIANCE, HENRY, LUCAS, OTTAWA, SANDUSKY, SENECA AND WOOD IN OHIO. OUR LIFE-SKILLS EXPERIENCE PROGRAM (LSE) USES GOLF TO TEACH YOUTH LIFE LESSONS AND LEADERSHIP SKILLS. CERTIFIED COACHES USE THE GOLF COURSE AND PRACTICE AREAS TO CREATE A FUN, GROUP SETTING FOR YOUTH AGES 5 TO 18 TO LEARN THE GAME OF GOLF, MAKE NEW FRIENDS AND MOST IMPORTANTLY BECOME BETTER PEOPLE.

Program 2
Expenses: $108,014

NATIONAL SCHOOL PROGRAM - IN 27 ELEMENTARY SCHOOLS IN THE GREATER TOLEDO AREA, STUDENTS ARE BEING INTRODUCED TO GOLF FOR THE FIRST TIME THANKS TO THE FIRST TEE NATIONAL SCHOOL PROGRAM BRINGING OUR...

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NATIONAL SCHOOL PROGRAM - IN 27 ELEMENTARY SCHOOLS IN THE GREATER TOLEDO AREA, STUDENTS ARE BEING INTRODUCED TO GOLF FOR THE FIRST TIME THANKS TO THE FIRST TEE NATIONAL SCHOOL PROGRAM BRINGING OUR CURRICULUM TO YOUR CHILD'S GYM DURING PHYSICAL EDUCATION CLASS. BY TEACHING ELEMETARY STUDENTS THE FIRST TEE'S NINE CORE VALUES AND NINE HEALTHY HABITS WE'RE PUTTING THEM ON THE COURSE TO A HEALTHY AND ACTIVE LIFESTYLE. THE FIRST TEE NATIONAL SCHOOL PROGRAM GIVES GYM TEACHERS AND PHYSICAL EDUCATORS THE TOOLS TO GET STARTED. WE PROVIDE THE TRAINING, JUNIOR GOLF LESSON PLANS AND EQUIPMENT.

Program 3
Expenses: $108,013

AFTER SCHOOL PROGRAMMING (DRIVE) - WE SUPPLY THE CURRICULUM, THE EQUIPMENT AND THE TRAINING FOR YOUTH LEADERS TO DELIVER THE PROGRAMS. FIRST TEE DRIVE IS DESIGNED TO INTRODUCE KIDS TO GOLF AND THE...

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AFTER SCHOOL PROGRAMMING (DRIVE) - WE SUPPLY THE CURRICULUM, THE EQUIPMENT AND THE TRAINING FOR YOUTH LEADERS TO DELIVER THE PROGRAMS. FIRST TEE DRIVE IS DESIGNED TO INTRODUCE KIDS TO GOLF AND THE FIRST TEE'S NINE CORE VALUES - RESPECT, COURTESY, RESPONSIBILITY, HONESTY, SPORTSMANSHIP, CONFIDENCE, JUDGEMENT, PERSEVERANCE AND INTEGRITY. OUR LESSON PLANS INTRODUCE YOUTH TO GOLF THROUGH ACTIVITIES THAT RESEMBLE SPORTS THEY MAY ALREADY BE FAMILIAR WITH, LIKE BASEBALL, FOOTBALL, BOWLING AND TENNIS. INSTRUCTORS RECEIVE AN ACTIVITY GUIDE THAT INCLUDES 18 DETAILED ACTIVITY PLANS, INFORMATION SECTION EXPLAINING TEACHING METHODS, SAFETY AND CLASS MANAGEMENT PROCEDURES, INSTRUCTIONAL CUE CARDS AND GOLF TERMS.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $901,817
Program Service Revenue $39,411
Investment Income $500
Other Revenue $99,768
TOTAL REVENUE $1,041,496

Expense Breakdown

Grants Paid $0
Salaries & Benefits $302,598
Fundraising Expenses $72,807
Program Expenses $324,041
Other Expenses $461,752
TOTAL EXPENSES $764,350

Year-over-Year Comparison

2024 2023 Change
Revenue $1,041,496 $877,401 +0.2%
Expenses $764,350 $787,279 0.0%
Net Income $277,146 $90,122 +2.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
11
Independent Members
11
Employees
15
Volunteers
10

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$106,200
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ADAM RENY Executive Dir. 45.00
Officer
$106,200 $0 $106,200
REBECCA CONRAD Secretary 1.00
Officer Director
$0 $0 $0
JUSTIN MOORE President 5.00
Officer Director
$0 $0 $0
SHAWNA WOODY Director 1.00
Director
$0 $0 $0
PAULA RUSSELL Director 1.00
Director
$0 $0 $0
ALAN FADEL PAST CHAIR 1.00
Director
$0 $0 $0
JOEL RUPP Past Chair 1.00
Director
$0 $0 $0
PETE MILLON PAST CHAIR 1.00
Director
$0 $0 $0
TOM MCHUGH Director 1.00
Director
$0 $0 $0
BOB EBERLY Director 1.00
Director
$0 $0 $0
BRENT ABEL Treasurer 1.00
Officer Director
$0 $0 $0
ALLEN ZIEMKIEWICZ Director 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $1,041,496 $764,350 $6,240,154 $277,146
2023 $877,401 $787,279 $6,422,936 $90,122
2022 $1,683,159 $726,041 $6,820,451 $957,118
2021 $2,450,130 $525,459 $6,376,968 $1,924,671
2020 $2,122,787 $283,715 $2,048,824 $1,839,072
2019 $340,875 $290,672 $212,242 $50,203
2018 $277,948 $342,815 $190,643 $-64,867
2017 $372,611 $195,980 $224,712 $176,631
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