TOLEDO CLASSIC INC: Form 990, tax year 2014

View the entire original 990 at ProPublica ↗

Organization
TOLEDO CLASSIC INC (EIN 34-1499072)
Tax period
2014-10-01 to 2015-09-30
Filed
2016-03-08
IRS object ID
201600689349300775
Schema version
2014v6.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2016-03-08T12:33:12-06:00ReturnTs
Tax Period End2015-09-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1ERNST & YOUNG US LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1800 Yard Street Suite 200AddressLine1Txt
CityGrandview HeightsCityNm
State AbbreviationOHStateAbbreviationCd
ZIP43212ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2014-10-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN341499072EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Toledo Classic IncBusinessNameLine1Txt
FieldValueIRS element (for citing)
In Care Of% SANDY WHITEInCareOfNm
Business Name ControlTOLEBusinessNameControlTxt
Phone4195313277PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line14405 Dorr StreetAddressLine1Txt
CityToledoCityNm
State AbbreviationOHStateAbbreviationCd
ZIP436072139ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJudd SilvermanPersonNm
Person TitlePresidentPersonTitleTxt
Phone4195313277PhoneNum
Signature2016-03-08SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonDIANE L BEANPreparerPersonNm
PTINP00104972PTIN
Phone6142245678PhoneNum
FieldValueIRS element (for citing)
Tax2014TaxYr
Build TS2016-08-17 19:52:53ZBuildTS

Form 990 IRS990

Doing Business As Name DoingBusinessAsName

FieldValueIRS element (for citing)
Business Name Line1Marathon ClassicBusinessNameLine1Txt
FieldValueIRS element (for citing)
Principal OfficerJudd SilvermanPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line14405 Dorr StreetAddressLine1Txt
CityToledoCityNm
State AbbreviationOHStateAbbreviationCd
ZIP436072139ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$5,078,607GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website Addresswww.marathonclassic.comWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1984FormationYr
Legal Domicile StateOHLegalDomicileStateCd
Activity Or MissionToledo Classic Inc. conducts the Marathon Classic. The net proceeds of this event are distributed to Toledo area children's charities to be used for charitable purposes.ActivityOrMissionDesc
Voting Members Governing Body26VotingMembersGoverningBodyCnt
Voting Members Independent25VotingMembersIndependentCnt
Total Employee10TotalEmployeeCnt
Total Volunteers1100TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$0PYContributionsGrantsAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$4,852,580PYProgramServiceRevenueAmt
CY Program Service Revenue$5,057,717CYProgramServiceRevenueAmt
PY Investment Income$18,248PYInvestmentIncomeAmt
CY Investment Income$20,890CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$4,870,828PYTotalRevenueAmt
CY Total Revenue$5,078,607CYTotalRevenueAmt
PY Grants And Similar Paid$537,000PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$521,537CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$559,076PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$591,815CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$3,723,808PYOtherExpensesAmt
CY Other Expenses$3,967,439CYOtherExpensesAmt
PY Total Expenses$4,819,884PYTotalExpensesAmt
CY Total Expenses$5,080,791CYTotalExpensesAmt
PY Revenues Less Expenses$50,944PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$2,184CYRevenuesLessExpensesAmt
Total Assets BOY$1,336,872TotalAssetsBOYAmt
Total Assets EOY$791,868TotalAssetsEOYAmt
Total Liabilities BOY$529,430TotalLiabilitiesBOYAmt
Total Liabilities EOY$3,957TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$807,442NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$787,911NetAssetsOrFundBalancesEOYAmt
MissionTOLEDO CLASSIC INC. CONDUCTS THE MARATHON CLASSIC. THE NET PROCEEDS OF THIS EVENT ARE DISTRIBUTED TO TOLEDO AREA CHILDREN'S CHARITIES TO BE USED FOR CHARITABLE PURPOSES.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$4,344,438ExpenseAmt
Grant$521,537GrantAmt
Revenue$5,057,717RevenueAmt
DescNET REVENUES IN EXCESS OF UNDISTRIBUTED TOURNAMENT EQUITY FROM THE 2015 MARATHON CLASSIC LADIES PROFESSIONAL GOLF ASSOCIATION GOLF TOURNAMENT WERE DISTRIBUTED TO VARIOUS CHARITABLE ORGANIZATIONS IN THE TOLEDO AREA.Desc
Total Program Service Expenses$4,344,438TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredfalseScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Temp Or Permanent EndowmentsfalseTempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesfalseReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsYes (true)GrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredYes (true)ScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With Officer EntfalseBusinessRlnWithOfficerEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee10EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsYes (true)NondeductibleContributionsInd
Nondeductible Contri DisclYes (true)NondeductibleContriDisclInd
Quid Pro Quo ContributionsfalseQuidProQuoContributionsInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members26GoverningBodyVotingMembersCnt
Independent Voting Member25IndependentVotingMemberCnt
Family Or Business RlnYes (true)FamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyfalseForm990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyfalseConflictOfInterestPolicyInd
Whistleblower PolicyfalseWhistleblowerPolicyInd
Document Retention PolicyfalseDocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldOHStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonSANDY WHITEPersonNm
Phone4195313277PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line14405 DORR STREETAddressLine1Txt
CityTOLEDOCityNm
State AbbreviationOHStateAbbreviationCd
ZIP436072139ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (31 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
Judd Silverman
President40.00.0Yes (X)Yes (X)$261,116$0$49,864
James Hoffman
General Chairman/Vice Pres.1.00.0Yes (X)Yes (X)$0$0$0
Tom Kelley
Vice General Chairman1.00.0Yes (X)Yes (X)$0$0$0
Marc Stockwell
Treasurer1.00.0Yes (X)Yes (X)$0$0$0
John Stockwell
Secretary1.00.0Yes (X)Yes (X)$0$0$0
Brian Brandstatter
Director as of 12/18/141.00.0Yes (X)$0$0$0
Brad Bertke
Director as of 5/11/151.00.0Yes (X)$0$0$0
Tony Clark
Director1.00.0Yes (X)$0$0$0
Mike Collins
Director1.00.0Yes (X)$0$0$0
Rich Crawford
Director1.00.0Yes (X)$0$0$0
Don Decker
Director1.00.0Yes (X)$0$0$0
Dave Folkwein
Director as of 8/16/151.00.0Yes (X)$0$0$0
Gary Geiger
Director1.00.0Yes (X)$0$0$0
Jamie Happ
Director1.00.0Yes (X)$0$0$0
Richard Hylant
Director1.00.0Yes (X)$0$0$0
Kevin Kornowa
Director as of 8/16/151.00.0Yes (X)$0$0$0
Steve Krzyminski
Director1.00.0Yes (X)$0$0$0
Gayle Lampkowski
Director1.00.0Yes (X)$0$0$0
Jon Mick
Director1.00.0Yes (X)$0$0$0
Doug Pontsler
Director1.00.0Yes (X)$0$0$0
Bob Pyle
Director1.00.0Yes (X)$0$0$0
Frank Sheehan
Director1.00.0Yes (X)$0$0$0
Jeff Slade Jr
Director as of 8/16/151.00.0Yes (X)$0$0$0
Bruce Umbleby
Director1.00.0Yes (X)$0$0$0
Craig Weigand
Director1.00.0Yes (X)$0$0$0
Shawn Welch
Director1.00.0Yes (X)$0$0$0
Sharon Speyer
Director thru 6/14/151.00.0Yes (X)$0$0$0
Kevin Stevens
Director thru 4/19/151.00.0Yes (X)$0$0$0
Dirk VanHeyst
Director thru 8/16/151.00.0Yes (X)$0$0$0
John Zanini
Director thru 12/18/141.00.0Yes (X)$0$0$0
Joe Zerbey
Director thru 5/17/151.00.0Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$261,116TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$49,864TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (true)TotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Total Contributions$0TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescGOLF TOURNAMENTDesc
Business713910BusinessCd
Total Revenue Column$5,057,717TotalRevenueColumnAmt
Related Or Exempt Func Income$5,057,717RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$5,057,717TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$20,890TotalRevenueColumnAmt
Exclusion$20,890ExclusionAmt

Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Royalties Revenue RoyaltiesRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$0RealAmt
Personal$0PersonalAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Net Income From Gaming NetIncomeFromGamingGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Net Income Or Loss NetIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
FieldValueIRS element (for citing)
Other Revenue Total$0OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$5,078,607TotalRevenueColumnAmt
Related Or Exempt Func Income$5,057,717RelatedOrExemptFuncIncomeAmt
Exclusion$20,890ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$521,537TotalAmt
Program Services$521,537ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Benefits To Members BenefitsToMembersGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$299,864TotalAmt
Management And General$299,864ManagementAndGeneralAmt

Comp Disqual Persons CompDisqualPersonsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$217,928TotalAmt
Program Services$141,653ProgramServicesAmt
Management And General$76,275ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$14,750TotalAmt
Management And General$14,750ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$28,429TotalAmt
Management And General$28,429ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$30,844TotalAmt
Management And General$30,844ManagementAndGeneralAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$1,760TotalAmt
Management And General$1,760ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$1,950TotalAmt
Management And General$1,950ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$235,328TotalAmt
Program Services$235,328ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$1,364,534TotalAmt
Program Services$1,159,854ProgramServicesAmt
Management And General$204,680ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$24,704TotalAmt
Management And General$24,704ManagementAndGeneralAmt

Royalties RoyaltiesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$27,778TotalAmt
Management And General$27,778ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$113,719TotalAmt
Program Services$113,719ProgramServicesAmt

Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$1,617TotalAmt
Program Services$1,617ProgramServicesAmt

Payments To Affiliates PaymentsToAffiliatesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$42,195TotalAmt
Program Services$42,195ProgramServicesAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
CASH & NONCASH PRIZES$1,630,399$1,630,399
RENT FACILITIES COST$188,502$188,502
FOOD & BEVERAGES$153,250$153,250
ENTERTAINMENT$127,588$121,209$6,379

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$54,115TotalAmt
Program Services$35,175ProgramServicesAmt
Management And General$18,940ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$5,080,791TotalAmt
Program Services$4,344,438ProgramServicesAmt
Management And General$736,353ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$478,852BOYAmt
EOY-$77,611EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$11,050BOYAmt
EOY$21,230EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$26,842LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$26,842LandBldgEquipAccumDeprecAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$846,802BOYAmt
EOY$848,081EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Intangible Assets IntangibleAssetsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$168BOYAmt
EOY$168EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$1,336,872BOYAmt
EOY$791,868EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$529,430BOYAmt
EOY$3,957EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Loans From Officers Directors LoansFromOfficersDirectorsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$529,430BOYAmt
EOY$3,957EOYAmt
FieldValueIRS element (for citing)
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind

Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

FieldValueIRS element (for citing)
BOY$807,442BOYAmt
EOY$787,911EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$807,442BOYAmt
EOY$787,911EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,336,872BOYAmt
EOY$791,868EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$2,184ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$17,347NetUnrlzdGainsLossesInvstAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedfalseFSAuditedInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2Yes (X)PubliclySupportedOrg509a2Ind

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$0CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$0CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$0CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$0CurrentTaxYearMinus1YearAmt
Current Tax Year$0CurrentTaxYearAmt
Total$0TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$610,243CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$3,824,504CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$4,421,107CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$4,852,580CurrentTaxYearMinus1YearAmt
Current Tax Year$5,057,717CurrentTaxYearAmt
Total$18,766,151TotalAmt

Gross Receipts Non Unrlt Bus GrossReceiptsNonUnrltBusGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Tax Rev Levied Orgnztnl Bnft509 TaxRevLeviedOrgnztnlBnft509Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Govt Furn Srvc Fclts Vl509 GovtFurnSrvcFcltsVl509Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$610,243CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$3,824,504CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$4,421,107CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$4,852,580CurrentTaxYearMinus1YearAmt
Current Tax Year$5,057,717CurrentTaxYearAmt
Total$18,766,151TotalAmt

Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Substantial Contributors Amt SubstantialContributorsAmtGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$0CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$512,488CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,118,008CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,133,566CurrentTaxYearMinus1YearAmt
Current Tax Year$1,133,853CurrentTaxYearAmt
Total$3,897,915TotalAmt

Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$0CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$512,488CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,118,008CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,133,566CurrentTaxYearMinus1YearAmt
Current Tax Year$1,133,853CurrentTaxYearAmt
Total$3,897,915TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$14,868,236PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$27,833CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$38,104CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$20,348CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$18,248CurrentTaxYearMinus1YearAmt
Current Tax Year$20,890CurrentTaxYearAmt
Total$125,423TotalAmt

Post1975 UBTI Post1975UBTIGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$27,833CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$38,104CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$20,348CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$18,248CurrentTaxYearMinus1YearAmt
Current Tax Year$20,890CurrentTaxYearAmt
Total$125,423TotalAmt

Net Income From Other UBI NetIncomeFromOtherUBIGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Income509 OtherIncome509Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$638,076CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$3,862,608CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$4,441,455CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$4,870,828CurrentTaxYearMinus1YearAmt
Current Tax Year$5,078,607CurrentTaxYearAmt
Total$18,891,574TotalAmt
FieldValueIRS element (for citing)
Public Support CY5090.78703PublicSupportCY509Pct
Public Support PY5090.79773PublicSupportPY509Pct
Investment Income CY0.00664InvestmentIncomeCYPct
Investment Income PY0.00777InvestmentIncomePYPct
Thirty Thr Pct Suprt Tests CY509Yes (X)ThirtyThrPctSuprtTestsCY509Ind

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Art Public Exhibition AmountsArtPublicExhibitionAmountsGrp
Held Works ArtHeldWorksArtGrp
CY Minus3 Yr Endwmt FundCYMinus3YrEndwmtFundGrp
CY Minus4 Yr Endwmt FundCYMinus4YrEndwmtFundGrp
LandLandGrp
BuildingsBuildingsGrp
Leasehold ImprovementsLeaseholdImprovementsGrp
EquipmentEquipmentGrp

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$26,842OtherCostOrOtherBasisAmt
Depreciation$26,842DepreciationAmt
Book Value$0BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (true)GrantRecordsMaintainedInd

Recipient Table RecipientTable (18 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtPurpose Of GrantPurposeOfGrantTxt
Ronald McDonald House Charities
3883 Monroe StToledoOH43606341349742501(C)(3)$75,000Capital Funds Project
JF Scholarship Fund of Toledo Comm Found
608 Madison AveToledoOH436041151237284004501(C)(3)$25,000Scholarship Fund
Assistance Dogs
5605 Monroe StSylvaniaOH43560344428597501(C)(3)$15,000Train and Place Therapy Dogs
Boys Scouts of America
2100 Broad AveFindlayOH45840221576300501(C)(3)$7,000Funds for a tent with Boy Scout logo for base station recruiting, media training resoucres, enabling council to recruit additional families and train volunteers
CASAGAL of Hancock County
211 1/2 E Front StFindlayOH45840341776015501(C)(3)$8,600Purchase and install Child Trek software
Children's Resource Center
1045 Klotz RoadBowling GreenOH43402341191237501(C)(3)$35,000Funds to implement clinical programming for children 2-7. Funding will cover staff training, travel, assessment tools and video equipment
Children's Rights Collaborative of NW Ohio
4069 W Sylvania AveToledoOH43623522094990501(C)(3)$45,000Funds to expand hours of service, improve CRC sustainability and provide families with a subsidy to assist in payment for services
Findlay Girl's Fast Pitch Softball Club
PO Box 604FindlayOH45839611494122501(C)(3)$30,000Funds to be used to build 2 Miracle softball Fields to provide people with disabilities to play the game of baseball
Fire Relief Foundation
615 E BigelowFindlayOH45840465468202501(C)(3)$50,525Funding to provide children's store where children can select free items that need to be replaced after their home has been affected by a house fire
Friendly Center
1324 N Superior StToledoOH43604344428217501(C)(3)$45,000Funds to be used for Weekend Component of Windows to the World, providing youth learning experiences in healthy living, nutrition and "out-of-the-box" activities
Grace Community Center
406 W DelawareToledoOH43610341262055501(C)(3)$40,000Funds to be used for Youth Services including after shool tutoring, Edu-Camp, Recreation and youth mentoring and social development
Hancock County Special Olympics
1700 E Sandusky StFindlayOH45840510183468501(C)(3)$10,000Purchasing new uniforms for Special Olympics participants
Hancock Hardin Wyandot & Putnam CAC
122 Jefferson StFindlayOH45839340979444501(C)(3)$13,662Funds to be used to purchase exercise tools, two Masimo Pronto machines and 2 OAE Hearing Screening Systems
Heartbeat Pregnancy Center
4041 W Sylvania AveToledoOH43605237404777501(C)(3)$35,000Expand education offerings at Heartbeat by acquiring furnishings needed to equip classrooms, lease additional space and hire one additional staff person
iTaalk Autism Foundation
2040 W Central AveToledoOH43606273892351501(C)(3)$35,000Funding for one part time individual to supervise and open Sensory Playroom and iTaalk tech corner, Purchase iPads and classroom equipment
International Boxing Club
525 Earlwood AveOregonOH43616341871057501(C)(3)$10,000Enhance after school programs for at risk youth, increase retention, academic vocational and social opportunities
Keeping Kids Safe Inc
417 N Main StFindlayOH45840273189524501(C)(3)$20,000Funds will be used to assist with the purchase of a house, furnishings, and teaching materials for teen foster children to help them prepare themselves for independent living when they are emancipated from the foster program
Lenawee Community Foundation
603 North Evans StTecumsehMI49286386095474501(C)(3)$15,000Provide 1,700 books monthly to children ages birth - 5.
FieldValueIRS element (for citing)
Total501c3 Org18Total501c3OrgCnt
Total Other Org0TotalOtherOrgCnt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule I, Part I, Line 2 - Procedures for Monitoring the Use of GrantsFormAndLineReferenceDesc
ExplanationA committee is formed that is chaired by the Tournament's Vice Chairman and made up of members of the Board of Directors and Tournament Staff. Each application is reviewed by the committee to ensure it meets the guidelines for grants. The committee then ranks their top choices and the top total point recipients are nominated to be reviewed for possible grant recipients. Each committee member is then assigned a charity to do a site visit. After the site visits, the committee reconvenes and discusses their visit upon which another vote is conducted by the committee to determine the charities that will be recommended to receive the grants for the tournament. The charity nominations are then forwarded to the Executive Committee for approval.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Compensation CommitteeYes (X)CompensationCommitteeInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance PaymentfalseSeverancePaymentInd
Supplemental Nonqual Rtr PlanfalseSupplementalNonqualRtrPlanInd
Equity Based Comp ArrngmfalseEquityBasedCompArrngmInd
Comp Based On Revenue Of Flng OrgfalseCompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related OrgsfalseCompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng OrgfalseCompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd OrgsfalseCompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsYes (true)AnyNonFixedPaymentsInd
Initial Contract ExceptionfalseInitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonJudd SilvermanPersonNm
TitlePresidentTitleTxt
Base Compensation Filing Org$190,000BaseCompensationFilingOrgAmt
Compensation Based On Rltd Orgs$0CompensationBasedOnRltdOrgsAmt
Bonus Filing Organization$71,116BonusFilingOrganizationAmount
Bonus Related Organizations$0BonusRelatedOrganizationsAmt
Other Compensation Filing Org$0OtherCompensationFilingOrgAmt
Other Compensation Rltd Orgs$0OtherCompensationRltdOrgsAmt
Deferred Compensation Flng Org$8,508DeferredCompensationFlngOrgAmt
Deferred Comp Rltd Orgs$0DeferredCompRltdOrgsAmt
Nontaxable Benefits Filing Org$41,356NontaxableBenefitsFilingOrgAmt
Nontaxable Benefits Rltd Orgs$0NontaxableBenefitsRltdOrgsAmt
Total Compensation Filing Org$310,980TotalCompensationFilingOrgAmt
Total Compensation Rltd Orgs$0TotalCompensationRltdOrgsAmt
Comp Report Prior990 Filing Org$0CompReportPrior990FilingOrgAmt
Comp Report Prior990 Rltd Orgs$0CompReportPrior990RltdOrgsAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule J, Part I, Line 7FormAndLineReferenceDesc
ExplanationEmployee shall receive a bonus that is based upon employee's service and performance during any given year. The determination of the bonus award shall be made as soon as practicable after the final tournament accounting.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, LINE 2 - DESCRIPTION OF RELATIONSHIPSMARC STOCKWELL AND JOHN STOCKWELL HAVE A FAMILY RELATIONSHIP.
FORM 990, PART VI, LINE 11B - PROCESS USED TO REVIEW 990THE ORGANIZATION'S ACCOUNTING DEPARTMENT COMPILES INFORMATION FOR THE COMPLETION OF THE FORM 990 AND FORWARDS TO AN OUTSIDE INDEPENDENT ACCOUNTANT FOR PREPARATION AND REVIEW. THE OUTSIDE INDEPENDENT ACCOUNTANT PROVIDES A DRAFT TO THE ORGANIZATION WHICH IS REVIEWED BY THE TREASURER OF THE EXECUTIVE COMMITTEE AND THE PRESIDENT OF THE ORGANIZATION. A COPY OF THE 990, AS ULTIMATELY FILED WITH THE IRS, WILL BE PROVIDED TO EACH MEMBER OF THE GOVERNING BODY.
FORM 990, PART VI, LINE 15A - PROCESS FOR DETERMINING COMPENSATIONCOMPENSATION AND BONUS ARE REVIEWED BY TOLEDO CLASSIC EXECUTIVE COMMITTEE. THIS PROCESS WAS LAST PERFORMED IN SEPTEMBER 2015. THE PROCESS TAKES PLACE IN SEPTEMBER EACH YEAR.
FORM 990, PART VI, LINE 19 - AVAIL OF GOV DOCS, COI POLICY & FIN STMTSGOVERNMENT DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS THAT ARE REQUESTED THROUGH THE TOURNAMENT OFFICE AT 4405 DORR ST, TOLEDO, OH 43607, ARE REVIEWED BY THE PRESIDENT OF TOLEDO CLASSIC, INC. A COPY OF THE DOCUMENT REQUESTED WILL BE MAILED TO THE REQUESTING PARTY.

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