Civic Intelligence

Future Citizens Foundation

EIN 26-0015069 • 501(c)3 • Salinas, CA

Profile

To deliver a targeted curriculum of golf and character development, life skills, academic support, higher education, mentorship and career development.

945 South Main Street 210Salinas, CA 93901

www.fcf-ca.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

50th percentile

0.12x

Higher debt load relative to assets than 50% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

60th percentile

0.24x

Higher debt load relative to revenue than 60% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

13th percentile

-19%

Higher net margin than 13% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

75th percentile

$207,227

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 4.6% of source-year revenue.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Asset Growth

15th percentile

-7.6%

Faster asset growth than 15% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

60th percentile

13%

Faster revenue growth than 60% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Assets

Down

$8,893,118

Down $736,511 (-7.6%) from 2023

Liabilities

Up

$1,108,856

Up $83,693 (+8.2%) from 2023

Net Assets

Down

$7,784,262

Down $820,204 (-9.5%) from 2023

Revenue

Up

$4,528,727

Up $522,366 (+13%) from 2023

Expenses

Up

$5,375,330

Up $1,422,648 (+36%) from 2023

Net Income

Down

-$846,603

Down $900,282 (-1677%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$10M$5.0M$0Assets 2014: $4,265,876Liabilities 2014: $89,390Net Assets 2014: $4,176,4862014Assets 2015: $4,164,921Liabilities 2015: $166,068Net Assets 2015: $3,998,8532015Assets 2016: $6,162,139Liabilities 2016: $826,478Net Assets 2016: $5,335,6612016Assets 2017: $5,722,113Liabilities 2017: $144,984Net Assets 2017: $5,577,1292017Assets 2018: $4,639,566Liabilities 2018: $134,597Net Assets 2018: $4,504,9692018Assets 2019: $4,754,557Liabilities 2019: $88,015Net Assets 2019: $4,666,5422019Assets 2020: $5,366,606Liabilities 2020: $95,463Net Assets 2020: $5,271,1432020Assets 2021: $8,194,762Liabilities 2021: $101,623Net Assets 2021: $8,093,1392021Assets 2022: $9,274,127Liabilities 2022: $987,372Net Assets 2022: $8,286,7552022Assets 2023: $9,629,629Liabilities 2023: $1,025,163Net Assets 2023: $8,604,4662023Assets 2024: $8,893,118Liabilities 2024: $1,108,856Net Assets 2024: $7,784,2622024

Highlighted filing

2024

Assets$8,893,118
Liabilities$1,108,856
Net Assets$7,784,262

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$15M$10M$5.0M$0-$5.0MRevenue 2014: $7,893,553Expenses 2014: $7,749,027Net Income 2014: $144,5262014Revenue 2015: $8,230,153Expenses 2015: $8,263,799Net Income 2015: -$33,6462015Revenue 2016: $10,135,128Expenses 2016: $8,897,860Net Income 2016: $1,237,2682016Revenue 2017: $2,809,981Expenses 2017: $2,761,432Net Income 2017: $48,5492017Revenue 2018: $2,474,321Expenses 2018: $3,313,920Net Income 2018: -$839,5992018Revenue 2019: $2,765,998Expenses 2019: $2,804,838Net Income 2019: -$38,8402019Revenue 2020: $2,560,268Expenses 2020: $2,154,923Net Income 2020: $405,3452020Revenue 2021: $5,447,969Expenses 2021: $2,725,828Net Income 2021: $2,722,1412021Revenue 2022: $3,961,551Expenses 2022: $3,337,508Net Income 2022: $624,0432022Revenue 2023: $4,006,361Expenses 2023: $3,952,682Net Income 2023: $53,6792023Revenue 2024: $4,528,727Expenses 2024: $5,375,330Net Income 2024: -$846,6032024

Highlighted filing

2024

Revenue$4,528,727
Expenses$5,375,330
Net Income-$846,603

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 14, 2025
Return Version
2024v5.2
Gross Receipts
$8,341,681
Mission and Program Overview

Mission

To offer young people of monterey county opportunities for a better future. We do this through active involvement in life skills and golf skills that are learned at our campus, in the classroom and in service and mentorship to each other and the community.

To deliver a targeted curriculum of golf and character development, life skills, academic support, higher education, mentorship and career development.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$4,217,814$4,566,666▲ $348,852
Land, Buildings, and Equipment, Net$1,383,633$1,422,087▲ $38,454
Cash and Non-Interest-Bearing Accounts$1,389,634$1,017,903▼ $371,731
Accounts Receivable$955,313$593,676▼ $361,637
Pledges and Grants Receivable$907,464$544,110▼ $363,354
Prepaid Expenses and Deferred Charges$44,868$79,264▲ $34,396
Inventories for Sale or Use$39,004$48,813▲ $9,809
Intangible Assets$465$1,764▲ $1,299
Total Assets$9,629,629$8,893,118▼ $736,511
Other Assets Total$691,434$618,835▼ $72,599
Liabilities
Other Liabilities$689,688$617,017▼ $72,671
Accounts Payable and Accrued Expenses$335,475$389,651▲ $54,176
Mortgage Notes Payable Secured by Investment Property-$102,188-
Total Liabilities$1,025,163$1,108,856▲ $83,693
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$6,908,784$6,398,320▼ $510,464
Net Assets With Donor Restrictions$1,695,682$1,385,942▼ $309,740
Total Net Assets Fund Balance$8,604,466$7,784,262▼ $820,204
Total Liabilities and Net Assets / Fund Balance$9,629,629$8,893,118▼ $736,511

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$859,974$567,775$1,427,749
Equipment$225,045$344,317$569,362
Leasehold Improvements$332,760$206,196$538,956
Other Land Buildings$4,308$23,718$28,026
Other Assets Org$615,932--
Other Securities$4,566,666--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Nicholas NelsonCEO/secretaryFT$163,633$43,594$207,227

Board Members and Trustees

NameTitle
Daniel LynchChairman
David GillVice Chairman
Michael WinerVice Chairman
Aaron JohnsonDirector
Andrew RosenbergDirector
Anker FanoeDirector
Anthony GallinoDirector
Ben ZollerDirector
Brian AntleDirector
Derek LarsonDirector
Erik HallgrimsonDirector
Geoff CouchDirector
Hank PlainDirector
John LouieDirector
Lisa DavisDirector
Mac ToddDirector
Pam FadelDirector
Peter ButlerDirector
Reuben RichardsDirector
Robert SkinnerDirector
Sydney BurlisonDirector
Vanya QuinonesDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$4,406,247
Program Service Revenue
$525,120
Investment Income
$178,155
Other Revenue
$-580,795
All Other Contributions
$2,134,468
Change in Net Assets
$-846,603

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table52$188,349Fair Market Value
Other Non Cash Contri Table192$87,864Fair Market Value
Total Noncash Contributions244$276,213-

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,528,727
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$270,948
Total Revenue per Audited Statements
$4,799,675
Total Revenue per Form 990
$4,528,727
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,391,889
Other Expenses$1,687,191
Grants and Similar Amounts Paid$296,250
Total Fundraising Expense$216,527
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,705,328--$2,705,328
Occupancy$217,487$74,865$9,776$302,128
Grants to Domestic Individuals$296,250--$296,250
Payroll Taxes$103,090$103,090$22,909$229,089
Other Employee Benefits$95,356$95,356$21,190$211,902
Current Officers, Directors, Trustees, and Key Employees$93,252$93,252$20,723$207,227
Fees for Services Other$5,524$178,574$90$184,188
Depreciation Depletion$132,437--$132,437
Insurance$67,231$41,953$12,494$121,678
All Other Expenses$58,909$41,711$20,173$120,793
Other Expenses$28,559$15,426$25,692$69,677
Travel$16,590$35,691$50$52,331
Pension Plan Contributions$17,254$17,254$3,835$38,343
Advertising$34$381$21,568$21,983
Total Functional Expenses$4,401,875$756,928$216,527$5,375,330

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$5,475,582
Expenses per Audited Statements$5,375,330
Total Expenses per Form 990$5,375,330
Expenses Not Reported on Form 990$100,252
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$606,033
Fundraising Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Boots, Bottles & Bbq$1,403,167-$199,258-
Game Changers Gala$341,939-$36,117-
Total Events$2,271,779-$606,033$-606,033
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Lease Liabilities$617,017
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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.

Filing and Contact Details

Filer

Filer Name
Future Citizens Foundation
EIN
26-0015069
Phone
8318003458
Address
945 SOUTH MAIN STREET 210, SALINAS, CA 93901

Signing Officer

Name
Nicholas Nelson
Title
CEO
Phone
8318003458
Signed
2025-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Nicholas Nelson
Formed
2001
Legal Domicile
CA
Voting Board Members
23
Independent Board Members
22
Employees
103
Volunteers
200

Preparer

Firm
Atherton & Associates Llp
Address
PO BOX 4339, MODESTO, CA 95352-4339
Preparer
Jacquelyn Howell
Phone
2095774800
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

Events: program service expenses 18,451. Management and general expenses 30,348. Fundraising expenses 2,980. Total expenses 51,779. Bank and merchant charges: program service expenses 17,472. Management and general expenses 3,676. Fundraising expenses 17,081. Total expenses 38,229. Miscellaneous: program service expenses 22,986. Management and general expenses 4,627. Fundraising expenses 112. Total expenses 27,725. Bad debt expense (recovery): program service expenses 0. Management and general expenses 3,060. Fundraising expenses 0. Total expenses 3,060.

Financial Statement Notes

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, 2020 and prior.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Pro shop cost of goods sold 100,252.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Pro shop cost of goods sold 100,252.

Raw XML AppendixShowing 400 of 743 raw XML fields

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IRS990/Desc0FIRST 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.
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IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
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IRS990/ProgramServiceRevenueGrp/Desc0GOLF COURSE OPERATIONS
IRS990/ProgramServiceRevenueGrp/Desc1FIRST TEE OF MONTEREY COUNTY
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt185293
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