2023-10-15T18:44:08-05:00 2023-05-31 141918990 TEMPLETON & COMPANY LLP 222 LAKEVIEW AVENUE SUITE 1200 WEST PALM BEACH FL 33401 990 2022-06-01 204394654 CHILDREN'S HEALTHCARE CHARITY INC CHIL 5617994644 CO IMG 3300 PGA BLVD 800 PALM BEACH GARDENS FL 33410 JOSEPH R RUSSO PRESIDENT 5617994644 2023-10-15 1 JOSEPH RUSSO XXX-XX-XXXX 1 WALT MAXWELL P00186333 5617989988 0 AAL1 IAL1 2022 2023-04-26 12:10:37Z JOSEPH R RUSSO C/O IMG 3300 PGA BLVD 800 PALM BEACH GARDENS FL 33410 23207244 0 X WWW.THEHONDACLASSIC.COM X 2006 FL PROVIDE CHARITABLE SUPPORT FOR ACTIVITIES THAT ENHANCE CHILDREN'S HEALTH, GROWTH, AND WELL-BEING. 28 28 0 1371 0 0 8585445 9785383 0 0 345 78670 1160003 -487911 9745793 9376142 6379425 7214068 0 0 0 0 0 0 0 2348049 2183392 8727474 9397460 1018319 -21318 5074981 5340353 963714 1250404 4111267 4089949 PROVIDE CHARITABLE SUPPORT FOR ACTIVITIES THAT ENHANCE CHILDREN'S HEALTH, GROWTH, AND WELL-BEING THROUGH MEDICAL, EDUCATIONAL, AND SOCIAL PROGRAMS. 0 0 3806077 3503245 1286394 PROFITS FROM RUNNING THE PGA TOUR'S HONDA CLASSIC GOLF TOURNAMENT ARE DONATED TO VARIOUS 501(C)(3) CHARITABLE ORGANIZATIONS IN THE COMMUNITY. 3715924 3710823 3534115 BIRDIES FOR CHILDREN ALLOW LOCAL CHARITIES TO TEAM UP WITH THE HONDA CLASSIC. THE LOCAL CHARITIES ACCEPT DONATIONS FROM THEIR DONOR BASE, WHILE THE LOCAL CHARITY RECEIVES 100% OF THE PROCEEDS PLUS A 5% MATCHING DONATION COURTESY OF THE HONDA CLASSIC. THE ORGANIZATION WORKED WITH 88 PARTICIPATING CHARITIES, WHICH SOLICITED PLEDGES ALLOWING DONORS TO GUESS THE NUMBER OF BIRDIES AT THE 2023 HONDA CLASSIC GOLF TOURNAMENT. 92106 95550 THE JUNIOR CLASSIC IS A PREMIER COMPETITIVE AND DEVELOPMENTAL GOLF EXPERIENCE WHICH PERPETUATES THE GROWTH OF THE GAME INITIATIVES. YOUNG PEOPLE OF ALL AGES AND SKILL LEVELS COMPETE AGAINST GOLFERS FROM OVER 22 STATES AND 17 FOREIGN COUNTRIES. OVER 204 YOUNG PEOPLE FROM 6 TO 18 YEARS OF AGE COMPETED IN THE 2023 JUNIOR HONDA CLASSIC. THE EVENT PROVIDES A UNIQUE EXPERIENCE FOR YOUNG PEOPLE AS IT IS MODELED AFTER THE PGA TOUR EVENT AND CATERS TO BEGINNERS AND COMPETITIVE JUNIORS ALIKE. NET REVENUES FROM THE EVENT ARE DONATED TO LOCAL CHARITIES. 7614107 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 39 0 1 0 0 0 0 0 0 0 0 0 0 0 X 28 28 1 1 0 0 0 0 0 1 1 0 0 1 1 1 0 1 0 0 0 0 FL X X IMG WORLDWIDE 5617994644 3300 PGA BOULEVARD SUITE 800 PALM BEACH GARDENS FL 33410 X JOSEPH R RUSSO PRESIDENT 2.00 X X 0 0 0 MICHELE JACOBS VICE PRESIDENT 2.00 X X 0 0 0 MICHAEL MITRIONE TREASURER 2.00 X X 0 0 0 STEPHEN VOGELSANG SECRETARY 2.00 X X 0 0 0 BARBARA NICKLAUS CO-CHAIRPERSON 2.00 X X 0 0 0 GARY NICKLAUS CO-CHAIRPERSON 2.00 X X 0 0 0 ELIZABETH AMATO DIRECTOR 2.00 X 0 0 0 JOSEPH BEDITZ DIRECTOR 2.00 X 0 0 0 LARRY BROWN DIRECTOR 2.00 X 0 0 0 CRESSMAN BRONSON DIRECTOR 2.00 X 0 0 0 DONALD BYRD DIRECTOR 2.00 X 0 0 0 TRACY CLEVELAND DIRECTOR 2.00 X 0 0 0 LEONARD COLEMAN JR DIRECTOR 2.00 X 0 0 0 TOM DERITA DIRECTOR 2.00 X 0 0 0 JOHN DOMENICO DIRECTOR 2.00 X 0 0 0 MARTY DYTRYCH DIRECTOR 2.00 X 0 0 0 LEWIS HAY III DIRECTOR 2.00 X 0 0 0 JAY JOSEPH DIRECTOR 2.00 X 0 0 0 NORIYA KAIHARA DIRECTOR 2.00 X 0 0 0 STEPHAN MORIKAWA DIRECTOR 2.00 X 0 0 0 STEVE POLITZINER DIRECTOR 2.00 X 0 0 0 AMIT RASTOGI DIRECTOR 2.00 X 0 0 0 PAT ROONEY JR DIRECTOR 2.00 X 0 0 0 ERIC SILAGY DIRECTOR 2.00 X 0 0 0 JOE STERANKA DIRECTOR 2.00 X 0 0 0 JEFFREY A STOOPS DIRECTOR 2.00 X 0 0 0 CARLTON RICKY WADE DIRECTOR 2.00 X 0 0 0 SETH WAUGH DIRECTOR 2.00 X 0 0 0 0 0 0 0 0 0 0 PGA TOUR INC PO BOX 1065 PONTE VEDRA BEACH FL 32004 PLAYER PURSES 3219924 INPRODUCTION COMPANY INC 4320 WINFIELD ROAD 200 WARRENVILLE IL 60555 EQUIPMENT RENTAL 2899469 IMG WORLDWIDE LLC PO BOX 17470 PALATINE IL 600557470 MANAGEMENT SERVICES 2173326 SPECTRUMFACILITY CONCESSION SERVICES I PO BOX 7130 THE WOODLANDS TX 77387 FOOD AND BEVERAGES 975120 PGA NATIONAL BSREPIII PBG RESORT LLC 400 AVENUE OF THE CHAMPIONS PB GARDENS FL 33418 FACILITIES & CATERING 869422 5 4724324 5061059 240550 9785383 48329 48329 31668 0 1327 31668 -1327 30341 30341 13341864 4724324 13829775 -487911 -487911 9376142 0 0 -409241 7214068 7214068 1981503 198150 1783353 43296 43296 87317 87317 31065 31065 13692 13692 DUES & FEES 10427 10427 POSTAGE 7287 7287 COMPUTER SOFTWARE 4750 4750 TELEPHONE & INTERNET 2192 2192 1863 1863 9397460 7614107 1783353 0 1197915 136952 3004216 4115569 830658 871955 28565 20855 383461 383461 4999 0 8628 195022 5074981 5340353 909468 1024848 51032 20000 3214 1400 0 204156 963714 1250404 X 4111267 4089949 4111267 4089949 5074981 5340353 -21318 0 X X 0 1 X 1 0 X 6949367 7336304 7859406 8585445 9785383 40515905 11141944 11839931 7474153 13752644 13848285 58056957 18091311 19176235 15333559 22338089 23633668 98572862 5270251 5527731 5792868 6126261 6418574 29135685 0 5270251 5527731 5792868 6126261 6418574 29135685 69437177 44816 53923 10736 1678 48329 159482 44816 53923 10736 1678 48329 159482 18136127 19230158 15344295 22339767 23681997 98732344 0.70330 0.69960 0.00160 0.00140 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 191879 191879 0 191582 191582 0 0 LEASE LIABILITY 204156 204156 X 23420025 214108 13829775 14043883 9376142 0 9376142 23441343 214108 13829775 14043883 9397460 0 9397460 PART X, LINE 2: THE ORGANIZATION IS A FLORIDA NOT-FOR-PROFIT CORPORATION AND IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE U.S. INTERNAL REVENUE CODE (THE "CODE"), ALTHOUGH UNRELATED BUSINESS INCOME IS SUBJECT TO TAX. THE ORGANIZATION HAD NO UNRELATED BUSINESS INCOME FOR THE YEARS ENDED MAY 31, 2023 AND 2022. THE ORGANIZATION EVALUATES ITS UNCERTAIN TAX POSITIONS IN ACCORDANCE WITH THE FINANCIAL ACCOUNTING STANDARDS BOARD'S ("FASB") ACCOUNTING STANDARDS CODIFICATION ("ASC") TOPIC 740, INCOME TAXES, WHICH STATES THAT MANAGEMENT'S DETERMINATION OF THE TAXABLE STATUS OF AN ENTITY, INCLUDING ITS STATUS AS A TAX EXEMPT NOT-FOR-PROFIT ENTITY, IS A TAX POSITION SUBJECT TO THE STANDARDS REQUIRED FOR ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. MANAGEMENT DOES NOT BELIEVE THAT THE ORGANIZATION HAS ANY SIGNIFICANT UNCERTAIN TAX POSITIONS THAT WOULD BE MATERIAL TO THE FINANCIAL STATEMENTS. THE ORGANIZATION'S TAX RETURNS FOR TAX YEARS AFTER 2018 ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE, GENERALLY FOR A PERIOD OF THREE YEARS AFTER THEY WERE FILED. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 13,829,775. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 13,829,775. HONDA CLASSIC 16973865 4724324 12249541 4416746 891772 7840374 AMBASSADOR CLUB 436575 436575 80660 10 655748 655748 600223 18066188 4724324 13341864 4416746 891772 8521257 13829775 -487911 1 ACHIEVEMENT CENTERS FOR CHILDREN & FAMILIES 555 NW 4TH STREET DELRAY BEACH FL 33444 591264435 501(C )(3) 10000 0 GENERAL SUPPORT ADOPT-A-FAMILY OF THE PALM BEACHES INC 1712 2ND AVENUE NORTH LAKE WORTH FL 33460 592471253 501(C )(3) 10000 0 GENERAL SUPPORT ARC OF PALM BEACH COUNTY INC 1201 AUSTRALIAN AVENUE RIVIERA BEACH FL 33460 590883386 501(C )(3) 130500 0 GENERAL SUPPORT BANNER LAKES CLUB INC PO BOX 1875 HOBE SOUND FL 33455 591093236 501(C)(3) 513145 0 GENERAL SUPPORT BELLA'S ANGELS 13860 WELLINGTON TRACE 38-111 WELLINGTON FL 33414 261595604 501(C)(3) 10000 0 GENERAL SUPPORT BUSCH WILDLIFE SANCTUARY INC 2500 JUPITER PARK DRIVE JUPITER FL 33458 592379003 501(C)(3) 10000 0 GENERAL SUPPORT CHILDREN'S PLACE AT HOME SAFE INC 2840 6TH AVENUE S LAKE WORTH FL 33461 591935485 501(C)(3) 15000 0 GENERAL SUPPORT CONNECTIONS EDUCATION CENTER OF THE PALM BEACHES 1310 N CONGRESS AVENUE 100 WEST PALM BEACH FL 33409 473805751 501(C)(3) 64000 0 GENERAL SUPPORT CYSTIC FIBROSIS FOUNDATION 700 S DIXIE HIGHWAY 100 WEST PALM BEACH FL 33401 131930701 501(C)(3) 10000 0 GENERAL SUPPORT DANCE THEATER OF FLORIDA INC 4100 PGA BOULEVARD PALM BEACH GARDENS FL 33410 320354239 501(C)(3) 5610 0 GENERAL SUPPORT EDNA W RUNNER TUTORIAL CENTER 7187 CHURCH ST JUPITER FL 33458 650137715 501(C)(3) 24000 0 GENERAL SUPPORT EDUCATION FOUNDATION OF PALM BEACH COUNTY 505 S CONGRESS AVENUE BOYNTON BEACH FL 33426 592420369 501(C)(3) 270000 0 GENERAL SUPPORT ELS FOR AUTISM 18370 LIMESTONE CREEK ROAD JUPITER FL 33458 263520396 501(C)(3) 10000 0 GENERAL SUPPORT FAMILIES FIRST OF PALM BEACH COUNTY 3333 FOREST HILL BLVD 2ND FLOOR WEST PALM BEACH FL 33406 650166352 501(C)(3) 386251 0 GENERAL SUPPORT FIRST TEE FLORIDA GOLD COAST 7301 N HAVERHILL ROAD WEST PALM BEACH FL 33407 650262208 501(C)(3) 20000 0 GENERAL SUPPORT FLORIDA OUTREACH CENTER FOR THE BLIND INC 2315 S CONGRESS AVENUE PALM SPRINGS FL 33406 550827232 501(C)(3) 28268 0 GENERAL SUPPORT FRIENDS OF JUPITER BEACH INC PO BOX 791 JUPITER FL 33468 650625755 501(C)(3) 12200 0 GENERAL SUPPORT GLADES INITIATIVE INC 141 SE AVENUE D BELLE GALDE FL 33430 010733180 501(C)(3) 375720 0 GENERAL SUPPORT HANLEY CENTER FOUNDATION INC 700 S DIXIE HIGHWAY 103 WEST PALM BEACH FL 33401 202871945 501(C)(3) 25000 0 GENERAL SUPPORT HOBE SOUND EARLY LEARNING CENTER 11580 SE GOMEZ AVENUE HOBE SOUND FL 33455 591107869 501(C)(3) 71900 0 GENERAL SUPPORT IMPACT 100 PALM BEACH COUNTY INC 261 NW 13TH STREET BOCA RATON FL 33432 824558049 501(C)(3) 66000 0 GENERAL SUPPORT INNER CITY YOUTH GOLFERS' INC PO BOX 31901 PALM BEACH GARDENS FL 33420 650978868 501(C)(3) 22500 0 GENERAL SUPPORT JUNIOR ACHIEVEMENT OF THE PB & TC 700 S ROSEMARY AVENUE 204-105 WEST PALM BEACH FL 33401 592333738 501(C)(3) 7250 0 GENERAL SUPPORT KIWANIS CLUB OF NPB 378 NORTHLAKE BLVD 454 NORTH PALM BEACH FL 33408 431968139 501(C)(3) 6000 0 GENERAL SUPPORT LIGHTHOUSE FOR THE BLIND OF THE PB 5601 CORPORATE WAY 210 WEST PALM BEACH FL 33407 596008622 501(C)(3) 13500 0 GENERAL SUPPORT LITERACY COALITION OF PALM BEACH COUNTY 3651 QUANTIM BLVD BOYNTON BEACH FL 33426 650169781 501(C)(3) 15000 0 GENERAL SUPPORT LIVE LIKE JAKE FOUNDATION INC 10311 IRONWOOD ROAD PALM BEACH GARDENS FL 33410 471163422 501(C)(3) 10000 0 GENERAL SUPPORT LOGGERHEAD MARINELIFE CENTER INC 14200 US HIGHWAY 1 JUNO BEACH FL 33408 592445926 501(C)(3) 10000 0 GENERAL SUPPORT NAT KING COLE GENERATION HOPE INC 4710 NW 2ND AVENUE 204 BOCA RATON FL 33431 800149522 501(C)(3) 21595 0 GENERAL SUPPORT NICKLAUS CHILDREN'S HEALTHCARE FOUNDATION 11770 US HIGHWAY 1 308 NORTH PALM BEACH FL 33410 571154352 501(C)(3) 1474688 0 GENERAL SUPPORT NORTH PALM BEACH ROWING CLUB INC 153 OAKWOOD LN PALM BEACH GARDENS FL 33410 208313608 501(C)(3) 30000 0 GENERAL SUPPORT PALM BEACH ATLANTIC UNIVERSITY ATHLETICS 901 S FLAGLER DRIVE WEST PALM BEACH FL 33401 591092732 501(C)(3) 10000 0 GENERAL SUPPORT PALM BEACH COUNTY FOOD BANK INC 701 BOUTWELL SUITE A-2 LAKE WORTH FL 33461 900788707 501(C)(3) 20000 0 GENERAL SUPPORT PALM BEACH COUNTY YOUTH FOR CHRIST INC 800 NORTHPOINT PARKWAY 202 WEST PALM BEACH FL 33407 592197296 501(C)(3) 145320 0 GENERAL SUPPORT PALM BEACH GARDENS YOUTH ATHLETIC ASSOCIATION 4029 JOHNSON DAIRY ROAD PALM BEACH GARDENS FL 33410 237299387 501(C)(3) 893770 0 GENERAL SUPPORT PEDIATRIC ONCOLOGY SUPPORT TEAM INC 927 45TH STREET 203 WEST PALM BEACH FL 33407 454769367 501(C)(3) 156557 0 GENERAL SUPPORT PLACE OF HOPE INC 9078 ISAIAH LANE PALM BEACH GARDENS FL 33418 650841384 501(C)(3) 25000 0 GENERAL SUPPORT QUANTUM HOUSE 987 45TH STREET WEST PALM BEACH FL 33407 650898326 501(C)(3) 10000 0 GENERAL SUPPORT ROOTS AND WINGS INC 335 E LINTON BLVD 2219 DELRAY BEACH FL 33483 384008636 501(C)(3) 65000 0 GENERAL SUPPORT SPIRIT OF GIVING NETWORK INC 1515 N FEDERAL HWY 106 BOCA RATON FL 33432 650765570 501(C)(3) 60900 0 GENERAL SUPPORT STOP CHILDREN'S CANCER OF PBC PO BOX 30161 PALM BEACH GARDENS FL 33420 650082013 501(C)(3) 8000 0 GENERAL SUPPORT STUDENT ACES INC 7750 ARBOR CREST WAY WEST PALM BEACH FL 33412 463081102 501(C)(3) 7000 0 GENERAL SUPPORT STUDENT ATHLETE COMMUNITY SERVICE NETWORK PO BOX 2057 PALM BEACH FL 33480 461002011 501(C)(3) 205780 0 GENERAL SUPPORT URBAN YOUTH IMPACT 2823 N AUSTRALIAN AVENUE WEST PALM BEACH FL 33407 911901103 501(C)(3) 10000 0 GENERAL SUPPORT YOUNG SINGERS OF THE PALM BEACHES 701 OKEECHOBEE BLVD WEST PALM BEACH FL 33401 300193514 501(C)(3) 25000 0 GENERAL SUPPORT 53 X 1 31035 APPRAISAL X EVENT TICKETS 307 109615 COST OF TICKETS X GREEN FEES 100 45000 RETAIL VALUE X SPORTING EQUIPMENT 30 35160 RETAIL VALUE X FURNITURE 0 18740 RETAIL VALUE X SNACKS & BEVERAGES 0 1000 RETAIL VALUE 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 BOARD MEMBER BARBARA NICKLAUS IS THE MOTHER OF BOARD MEMBER GARY NICKLAUS. FORM 990, PART VI, SECTION A, LINE 3 IMG WORLDWIDE, LOCATED AT 3300 PGA BOULEVARD, SUITE 800, PALM BEACH GARDENS, FL 33410. FORM 990, PART VI, SECTION B, LINE 11B A DRAFT OF FORM 990 WAS PROVIDED TO THE PRESIDENT, SECRETARY, TREASURER, AND A BOARD MEMBER WITH SIGNIFICANT NOT FOR PROFIT EXPERIENCE. THEY HAVE BEEN REQUESTED TO PROVIDE COMMENTS ON THE DRAFT TO STAFF FOR COMMUNICATION TO THE FIRM PREPARING FORM 990. IN ADDITION, A COPY OF THE RETURN WILL BE POSTED ON THE "RESTRICTED TO DIRECTORS SECTION" OF THE CHARITY WEBSITE FOR VIEWING BY ALL DIRECTORS. THEY WILL BE NOTIFIED THAT THE RETURN IS AVAILABLE FOR REVIEW AND ALL DIRECTORS ARE ENCOURAGED TO REVIEW THE RETURN. IF THEY HAVE ANY COMMENTS, THEY ARE REQUESTED TO NOTIFY THE CONTROLLER AND THE EXECUTIVE DIRECTOR FOR CONSULTATION WITH THE FIRM PREPARING THE RETURN. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE FOR PUBLIC INSPECTION AT IMG WORLDWIDE, LOCATED AT 3300 PGA BOULEVARD, SUITE 800, PALM BEACH GARDENS, FL 33410. FORM 990, PART XII, LINE 2C: THE ORGANIZATIONS OVERSIGHT POLICY HAS NOT CHANGED. NICKLAUS CHILDREN'S HEALTHCARE FOUNDATION 11770 US HIGHWAY ONE SUITE 308 NORTH PALM BEACH FL 33408 571154352 CHARITY FL 501(C)(3) LINE 7 N/A 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 NICKLAUS CHILDREN'S HEALTHCARE FOUNDATION B 1474688 CASH