TOLEDO CLASSIC INC: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- TOLEDO CLASSIC INC (EIN 34-1499072)
- Tax period
- 2011-10-01 to 2012-09-30
- Filed
- 2013-03-27
- IRS object ID
- 201320869349300617
- Schema version
- 2011v1.5
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-03-27T17:10:51-05:00 | Timestamp |
| Tax Period End Date | 2012-09-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ERNST & YOUNG US LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1100 HUNTINGTON CTR 41 S HIGH ST | AddressLine1 |
| City | COLUMBUS | City |
| State | OH | State |
| ZIP Code | 43215 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-10-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 341499072 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Toledo Classic Inc | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of Name | % SANDY WHITE | InCareOfName |
| Name Control | TOLE | NameControl |
| Phone | 4195313277 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4405 Dorr Street | AddressLine1 |
| City | Toledo | City |
| State | OH | State |
| ZIP Code | 436072139 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Judd Silverman | Name |
| Title | President | Title |
| Date Signed | 2013-03-27 | DateSigned |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6142245678 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990 IRS990
Doing Business As DoingBusinessAs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Jamie Farr Classic | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | Judd Silverman | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4405 Dorr St | AddressLine1 |
| City | Toledo | City |
| State | OH | State |
| ZIP Code | 436072139 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 3862608 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | www.jamiefarrtoledoclassic.com | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1984 | YearFormation |
| State Legal Domicile | OH | StateLegalDomicile |
| Activity Or Mission Description | Toledo Classic, Inc. conducts The Jamie Farr Owens Corning Classic. The net proceeds of this event are distributed to Toledo area children's charities to be used for charitable purposes. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 28 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 27 | NbrIndependentVotingMembers |
| Total Nbr Employees | 9 | TotalNbrEmployees |
| Total Nbr Volunteers | 1100 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 0 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 0 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 610243 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 3824504 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 27833 | InvestmentIncomePriorYear |
| Investment Income Current Year | 38104 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 0 | OtherRevenuePriorYear |
| Other Revenue Current Year | 0 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 638076 | TotalRevenuePriorYear |
| Total Revenue Current Year | 3862608 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 200000 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 146000 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 608068 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 538626 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 68111 | OtherExpensePriorYear |
| Other Expenses Current Year | 3106529 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 876179 | TotalExpensesPriorYear |
| Total Expenses Current Year | 3791155 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -238103 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 71453 | RevenuesLessExpensesCY |
| Total Assets BOY | 1049503 | TotalAssetsBOY |
| Total Assets EOY | 1276423 | TotalAssetsEOY |
| Total Liabilities BOY | 214932 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 247745 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 834571 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 1028678 | NetAssetsOrFundBalancesEOY |
| Mission Description | Toledo Classic, Inc. conducts the Jamie Farr Owens Corning Classic Presented by Kroger, Owens Corning and O-I LPGA Golf Tournament. The net proceeds of this event are distributed to Toledo Area Children's Charities to be used for Charitable Purposes. | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 3035188 | Expense |
| Grants | 146000 | Grants |
| Revenue | 3824504 | Revenue |
| Description | NET REVENUES IN EXCESS OF UNDISTRIBUTED TOURNAMENT EQUITY FROM THE 2012 JAMIE FARR TOLEDO CLASSIC LADIES PROFESSIONAL GOLF ASSOCIATION GOLF TOURNAMENT WERE DISTRIBUTED TO VARIOUS CHARITABLE ORGANIZATIONS IN THE TOLEDO AREA. | Description |
| Total Program Service Expense | 3035188 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | false | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | false | LobbyingActivities |
| Subject To Proxy Tax | false | SubjectToProxyTax |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | false | CollectionsOfArt |
| Credit Counseling | false | CreditCounseling |
| Term Or Permanent Endowments | false | TermOrPermanentEndowments |
| Report Land Bldg Equip | false | ReportLandBldgEquip |
| Report Invest Oth Securities | false | ReportInvestOthSecurities |
| Report Prog Rel Invest | false | ReportProgRelInvest |
| Report Other Assets | false | ReportOtherAssets |
| Report Other Liabilities | false | ReportOtherLiabilities |
| Report Fin48 Footnote | false | ReportFin48Footnote |
| Independent Audit Financial Stmt | false | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | false | ConsolidatedAuditFinancialStmt |
| School | false | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | false | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | false | ProfessionalFundraising |
| Fundraising Activities | false | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | true | GrantsToOrganizations |
| Grants To Individuals | false | GrantsToIndividuals |
| Schedule J Required | true | ScheduleJRequired |
| Tax Exempt Bonds | false | TaxExemptBonds |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | false | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | false | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | false | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | false | DeductibleNonCashContributions |
| Deductible Contributions Of Art | false | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | false | RelatedEntity |
| Related Org Controlled Entity | false | RelatedOrgControlledEntity |
| Transaction Related Entity | false | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | false | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 0 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 9 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | false | UnrelatedBusinessIncome |
| Foreign Financial Account | false | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Non Deductible Contributions | true | NonDeductibleContributions |
| Non Deductible Disclosure | true | NonDeductibleDisclosure |
| Quid Pro Quo Contributions | false | QuidProQuoContributions |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Indoor Tanning Services | false | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 28 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 27 | NumberIndependentVotingMembers |
| Family Or Business Relationship | true | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | false | MembersOrStockholders |
| Election Of Board Members | false | ElectionOfBoardMembers |
| Decisions Subject To Approval | false | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | true | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | false | LocalChapters |
| Form990 Provided To Governing Body | false | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | false | ConflictOfInterestPolicy |
| Whistleblower Policy | false | WhistleblowerPolicy |
| Document Retention Policy | false | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | false | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | OH | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | SANDY WHITE | NamePerson |
| Telephone Number | 4195313277 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4405 DORR STREET | AddressLine1 |
| City | TOLEDO | City |
| State | OH | State |
| ZIP Code | 436072139 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (28 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation |
|---|---|---|---|---|---|---|
| Judd Silverman | ||||||
| President | 40.0 | X | X | 265260 | 0 | 52565 |
| Tony Caracciolo | ||||||
| General Chairman/Vice Pres | 1.0 | X | X | 0 | 0 | 0 |
| Marc Stockwell | ||||||
| Treasurer | 1.0 | X | X | 0 | 0 | 0 |
| John Stockwell | ||||||
| Secretary | 1.0 | X | X | 0 | 0 | 0 |
| Tony Clark | ||||||
| Director | 1.0 | X | 0 | 0 | 0 | |
| Jeff Cole | ||||||
| Director - Start 12/19/11 | 1.0 | X | 0 | 0 | 0 | |
| Mike Collins | ||||||
| Director | 1.0 | X | 0 | 0 | 0 | |
| Rich Crawford | ||||||
| Director | 1.0 | X | 0 | 0 | 0 | |
| Don Decker | ||||||
| Director | 1.0 | X | 0 | 0 | 0 | |
| Gary Geiger | ||||||
| Director | 1.0 | X | 0 | 0 | 0 | |
| Jamie Happ | ||||||
| Director - Start 12/19/11 | 1.0 | X | 0 | 0 | 0 | |
| Mike Hill | ||||||
| Director | 1.0 | X | 0 | 0 | 0 | |
| Richard Hylant | ||||||
| Director | 1.0 | X | 0 | 0 | 0 | |
| Steve Krzyminski | ||||||
| Director | 1.0 | X | 0 | 0 | 0 | |
| Gayle Lampkowski | ||||||
| Director | 1.0 | X | 0 | 0 | 0 | |
| Tom McHugh | ||||||
| Director | 1.0 | X | 0 | 0 | 0 | |
| Steve Peiffer | ||||||
| Director | 1.0 | X | 0 | 0 | 0 | |
| Doug Pontsler | ||||||
| Director | 1.0 | X | 0 | 0 | 0 | |
| Brian Schenk | ||||||
| Director | 1.0 | X | 0 | 0 | 0 | |
| Frank Sheehan | ||||||
| Director | 1.0 | X | 0 | 0 | 0 | |
| Jeff Slade Jr | ||||||
| Director - Start 12/19/11 | 1.0 | X | 0 | 0 | 0 | |
| Sharon Speyer | ||||||
| Director | 1.0 | X | 0 | 0 | 0 | |
| Kevin Stevens | ||||||
| Director | 1.0 | X | 0 | 0 | 0 | |
| Lamont Thurston | ||||||
| Director | 1.0 | X | 0 | 0 | ||
| Bruce Umbleby | ||||||
| Director | 1.0 | X | 0 | 0 | 0 | |
| Tom Urban | ||||||
| Director | 1.0 | X | 0 | 0 | 0 | |
| Dirk VanHeyst | ||||||
| Director | 1.0 | X | 0 | 0 | 0 | |
| Joe Zerbey | ||||||
| Director | 1.0 | X | 0 | 0 | 0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 265260 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 52565 | TotalOtherCompensation |
| Number Individuals GT100 K | 1 | NumberIndividualsGT100K |
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | true | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
| Number Of Contractors GT100 K | 0 | NumberOfContractorsGT100K |
| Total Contributions | 0 | TotalContributions |
Program Service Revenue ProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | GOLF TOURNAMENT | Description |
| Business Code | 711320 | BusinessCode |
| Total Revenue Column | 3824504 | TotalRevenueColumn |
| Related Or Exempt Function Income | 3824504 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 3824504 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 38104 | TotalRevenueColumn |
| Exclusion | $38,104 | ExclusionAmount |
Income From Invest Bond Proceeds IncomeFromInvestBondProceeds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income From Gaming NetIncomeFromGaming
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 0 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 3862608 | TotalRevenueColumn |
| Related Or Exempt Function Income | 3824504 | RelatedOrExemptFunctionIncome |
| Exclusion | $38,104 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 146000 | Total |
| Program Services | 146000 | ProgramServices |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 326640 | Total |
| Management And General | 326640 | ManagementAndGeneral |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 177650 | Total |
| Program Services | 30000 | ProgramServices |
| Management And General | 147650 | ManagementAndGeneral |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 469 | Total |
| Management And General | 469 | ManagementAndGeneral |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7063 | Total |
| Management And General | 7063 | ManagementAndGeneral |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 26804 | Total |
| Management And General | 26804 | ManagementAndGeneral |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 875 | Total |
| Management And General | 875 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 26100 | Total |
| Management And General | 26100 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 184364 | Total |
| Program Services | 184364 | ProgramServices |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 929129 | Total |
| Program Services | 790596 | ProgramServices |
| Management And General | 138533 | ManagementAndGeneral |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 37230 | Total |
| Management And General | 37230 | ManagementAndGeneral |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 23688 | Total |
| Management And General | 23688 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 101195 | Total |
| Program Services | 101195 | ProgramServices |
Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 625 | Total |
| Program Services | 625 | ProgramServices |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 37241 | Total |
| Program Services | 37241 | ProgramServices |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral |
|---|---|---|---|
| CASH & NONCASH PRIZES | 1346180 | 1346180 | |
| RENT FACILITIES COST | 149635 | 149635 | |
| FOOD & BEVERAGES | 127668 | 127668 | |
| ENTERTAINMENT | 96582 | 91734 | 4848 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 46017 | Total |
| Program Services | 29950 | ProgramServices |
| Management And General | 16067 | ManagementAndGeneral |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3791155 | Total |
| Program Services | 3035188 | ProgramServices |
| Management And General | 755967 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 57323 | BOY |
| EOY | 303887 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 900 | BOY |
| EOY | 42 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 22920 | EOY |
Receivables From Officers Etc ReceivablesFromOfficersEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Receivables From Disqual Persons ReceivablesFromDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 991112 | BOY |
| EOY | 949406 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Intangible Assets IntangibleAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 168 | BOY |
| EOY | 168 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1049503 | BOY |
| EOY | 1276423 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 214932 | BOY |
| EOY | 247745 | EOY |
Grants Payable GrantsPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Escrow Account Liability EscrowAccountLiability
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Loans From Officers Directors LoansFromOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 214932 | BOY |
| EOY | 247745 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Do Not Follow SFAS117 | X | DoNotFollowSFAS117 |
Cap Stck Trst Prin Current Funds CapStckTrstPrinCurrentFunds
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Paid In Cap Srpls Land Bldg Eqp Fund PaidInCapSrplsLandBldgEqpFund
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Retained Earnings Endowment Etc RetainedEarningsEndowmentEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 834571 | BOY |
| EOY | 1028678 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 834571 | BOY |
| EOY | 1028678 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1049503 | BOY |
| EOY | 1276423 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 71453 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 122654 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | false | FSAudited |
| Federal Grant Audit Required | false | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | X | PubliclySupportedOrg509a2 |
Gross Receipts From Admissions GrossReceiptsFromAdmissions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 4370862 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 4162047 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 3709622 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 610243 | CurrentTaxYearMinus1Year |
| Current Tax Year | 3824504 | CurrentTaxYear |
| Total | 16677278 | Total |
Total509 Total509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 4370862 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 4162047 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 3709622 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 610243 | CurrentTaxYearMinus1Year |
| Current Tax Year | 3824504 | CurrentTaxYear |
| Total | 16677278 | Total |
Amts From Subst Contributors AmtsFromSubstContributors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 1255350 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 1320300 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 650350 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 0 | CurrentTaxYearMinus1Year |
| Current Tax Year | 512488 | CurrentTaxYear |
| Total | 3738488 | Total |
Support From DQ Ps Etc SupportFromDQPsEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 1255350 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 1320300 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 650350 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 0 | CurrentTaxYearMinus1Year |
| Current Tax Year | 512488 | CurrentTaxYear |
| Total | 3738488 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | 12938790 | PublicSupportTotal509 |
Gross Investment Income509 GrossInvestmentIncome509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 46441 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 39055 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 31882 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 27833 | CurrentTaxYearMinus1Year |
| Current Tax Year | 38104 | CurrentTaxYear |
| Total | 183315 | Total |
Investment Income And UBTI InvestmentIncomeAndUBTI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 46441 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 39055 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 31882 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 27833 | CurrentTaxYearMinus1Year |
| Current Tax Year | 38104 | CurrentTaxYear |
| Total | 183315 | Total |
Total Support Total TotalSupportTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 4417303 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 4201102 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 3741504 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 638076 | CurrentTaxYearMinus1Year |
| Current Tax Year | 3862608 | CurrentTaxYear |
| Total | 16860593 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Percentage509 | 0.76740 | PublicSupportPercentage509 |
| Prior Year Support Percentage | 0.76501 | PriorYearSupportPercentage |
| Investment Income Percentage | 0.01087 | InvestmentIncomePercentage |
| Prior Yr Invest Income Percentage | 0.01170 | PriorYrInvestIncomePercentage |
| Thirty Three Percnt Tests CY509 | X | ThirtyThreePercntTestsCY509 |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | true | RecordsMaintained |
Recipient Table RecipientTable (4 entries)
| Address Line1AddressUS/AddressLine1 | Address Line2AddressUS/AddressLine2 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EIN Of RecipientEINOfRecipient | IRC SectionIRCSection | Amount Of Cash GrantAmountOfCashGrant | Purpose Of GrantPurposeOfGrant |
|---|---|---|---|---|---|---|---|---|
| JFOCC Scholarship Fund of Toledo Comm Fdn | ||||||||
| 608 Madison Ave | Suite 1540 | Toledo | OH | 436041151 | 237284004 | 501(C)(3) | 21000 | Scholarship fund |
| Ronald McDonald House of NW Ohio | ||||||||
| 3883 Monroe St | Toledo | OH | 43606 | 341349742 | 501(C)(3) | 75000 | Capital funds project | |
| Feed Lucas County Children | ||||||||
| P O Box 9363 | Toledo | OH | 436979363 | 341969461 | 501(C)(3) | 25000 | purchase combination oven unit | |
| YMCAJCC of Greater Toledo | ||||||||
| 1500 N Superior | 2nd Floor | Toledo | OH | 43604 | 344428262 | 501(C)(3) | 25000 | purchase bus for fun bus program |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Nbr Of501 C3 And Govt Grants | 4 | TotalNbrOf501C3AndGovtGrants |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Description of Organization's Procedures for Monitoring the Use of Grants | Identifier |
| Return Reference | Schedule I, Part I, Question 2 | ReturnReference |
| Explanation | A 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 10 choices and the top 10 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. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Club Dues Or Fees | X | ClubDuesOrFees |
| Written Policy Re T And E Expenses | true | WrittenPolicyReTAndEExpenses |
| Substantiation Required | false | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | false | SeverancePayment |
| Supplemental Nonqual Retire Plan | false | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | false | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | false | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | false | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | false | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | false | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | true | AnyNonFixedPayments |
| Initial Contract Exception | false | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | Judd Silverman | NamePerson |
| Base Compensation Filing Org | 187260 | BaseCompensationFilingOrg |
| Comp Based On Related Orgs | 0 | CompBasedOnRelatedOrgs |
| Bonus Filing Org | 65000 | BonusFilingOrg |
| Bonus Related Orgs | 0 | BonusRelatedOrgs |
| Other Compensation Filing Org | 13000 | OtherCompensationFilingOrg |
| Other Compensation Related Orgs | 0 | OtherCompensationRelatedOrgs |
| Deferred Comp Filing Org | 29275 | DeferredCompFilingOrg |
| Deferred Comp Related Orgs | 0 | DeferredCompRelatedOrgs |
| Nontaxable Benefits Filing Org | 23290 | NontaxableBenefitsFilingOrg |
| Nontaxable Benefits Related Orgs | 0 | NontaxableBenefitsRelatedOrgs |
| Total Compensation Filing Org | 317825 | TotalCompensationFilingOrg |
| Total Compensation Related Orgs | 0 | TotalCompensationRelatedOrgs |
| Comp Report Prior990 Filing Org | 0 | CompReportPrior990FilingOrg |
| Comp Report Prior990 Related Orgs | 0 | CompReportPrior990RelatedOrgs |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Supplemental Compensation Information | Identifier |
| Explanation | Scheduel J, Part I, Line 1A - employee receives a health club membership from a trade initiated by the employer which is included in reportable compensation. Schedule J, Part I, Line 7 - employee shall also 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. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (5 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| FAMILY/BUSINESS RELATIONSHIP BETWEEN DIRECTORS/OFFICERS | FORM 990, PART VI, LINE 2 | MARC STOCKWELL AND JOHN STOCKWELL HAVE A FAMILY RELATIONSHIP. |
| DESCRIBE THE PROCESS USED BY MANAGEMENT &/OR GOVERNING BODY TO REVIEW 990 | FORM 990, PART VI, LINE 11b | THE ORGANIZATION'S ACCOUNTING DEPARTMENT COMPILES INFORMATION FOR 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. |
| OFFICES & POSITIONS FOR WHICH PROCESS WAS USED, & YEAR PROCESS WAS BEGUN | FORM 990, PART VI, LINE 15 | COMPENSATION AND BONUS ARE REVIEWED BY TOLEDO CLASSIC EXECUTIVE COMMITTEE. THIS PROCESS WAS LAST PERFORMED IN SEPTEMBER 2011. THE PROCESS TAKES PLACE IN SEPTEMBER EACH YEAR. |
| AVAIL OF GOV DOCS, CONFLICT OF INTEREST POLICY, & FIN STMTS TO GEN PUBLIC | FORM 990, PART VI, QUESTION 19 | GOVERNMENT 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. |
| OTHER CHANGES IN NET ASSETS OR FUND BALANCES | FORM 990, PART XI, LINE 5 | UNREALIZED GAIN ON INVESTMENTS - $122,654 |
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