2011-09-07T15:00:04-05:00 2010-10-31 MULLEN SCORPIO & CERILLI 67 CEDAR STREET PROVIDENCE RI 02903 990 2009-11-01 050497481 GOLF FOUNDATION OF RHODE ISLAND GOLF 4014211664 One Button Hole Drive No 1 PROVIDENCE RI 02909 Dan Gaughan 4014211664 2011-09-01 1 ANTHONY W SCORPIO 4017513860 2009 2016-02-24 21:20:13Z DAN GAUGHAN One Button Hole Drive No 1 PROVIDENCE RI 02909 683784 0 X www.buttonhole.com X 2001 RI TO PROVIDE ACCESS, AWARENESS AND EDUCATION CONCERNING THE GAME OF GOLF. 20 20 25 100 0 0 429764 348789 242995 231448 12585 3186 100529 71800 785873 655223 0 0 439885 432924 0 60516 202129 194667 642014 627591 143859 27632 4099229 4117598 33509 24246 4065720 4093352 TO PROVIDE ACCESS, AWARENESS AND EDUCATION CONCERNING THE GAME OF GOLF. 0 0 476483 253576 Button Hole Golf Course & Teaching Center enriches the lives of young people by providing facilities and programs that develop strong character, teach life values and champion success through the game of golf. Regardless of Race and economic background, Button Hole strives to break the financial and social barriers to the game of golf. In 2010 Button Hole reached out to six schools and 1,901 kids through the local Providence elementary, middle and high schools as a part of their physical education requirements and taught them a four hours of an introduction to golf. Button Hole scholarships all costs for the in school introduction to golf program. On Average 80% of these children live in families that are at or below poverty level. (Information can be found on the Providence Public School Department website.) The goal of this program is to introduce these inner city children to the game and then bring them out to the golf course through scholarship programs and grow them as junior golfers and athletes.Button Hole offers after school programs to many different agencies and community partners at discounted or full scholarship. In 2010 they offered 11 agencies programming for free or at partial cost, including Special Olympics, San Miguel, St. Mary's and more. In addition they also offered over 65 kids full scholarships for their regular Button Hole programming which totaled $6,963. Button Hole also offers special events to kids at no charge. Children were able to attend the CVS Charity Classic as standard bearers, meet Brad Faxon and compete in special tournaments all summer long! 476483 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 25 0 0 0 0 0 0 0 0 0 0 0 0 20 20 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 1 0 0 X X Dan Gaughan 4014211664 one button hole drive providence RI 02909 MR WILLIAM DESSEL 1.00 X X 0 0 0 DARREN CORRENTE ESQ 1.00 X X 0 0 0 MR JEFF BARBA 1.00 X X 0 0 0 MR JOHN CLEGG CPA 1.00 X 0 0 0 MR TIMOTHY MORAN 1.00 X 0 0 0 MR STEPHEN NAPOLI 1.00 X 0 0 0 MS ROBIN ENGLE 1.00 X 0 0 0 Ms JAN FREEBORN 1.00 X 0 0 0 MR KEVIN HUNT 1.00 X 0 0 0 DOUG NANI ESQ 1.00 X 0 0 0 MR TED COOGAN 1.00 X 0 0 0 MRS DIANE SULLIVAN 1.00 X 0 0 0 MR STEVE TORTOLANI 1.00 X 0 0 0 MRS VICTORIA TOLBERT BRAVO 1.00 X 0 0 0 gergory l benik Esq 1.00 X 0 0 0 mrs nancy chaffee 1.00 X 0 0 0 MR LARRY FLYNN 1.00 X 0 0 0 MR JACOB GAFFEY 1.00 X 0 0 0 MR STEVE SPIRITO 1.00 X 0 0 0 MR DAVID RUGGIERI 1.00 X 0 0 0 Mr DAVID HANNA 40.00 X 80869 0 6957 80869 0 6957 0 0 0 0 0 348789 348789 GOLF COURSE REVENUE 900099 231448 231448 231448 4251 4251 18820 18820 18820 18820 1065 -1065 -1065 -1065 47497 11199 36298 36298 22128 16297 5831 5831 other income 900099 10851 10851 10851 655223 247065 0 59369 87826 65870 13173 8783 279935 209951 41991 27993 1418 1063 213 142 15850 11887 2378 1585 47895 35921 7184 4790 6080 4560 912 608 20856 19075 1781 800 800 20832 10658 2132 8042 11191 10564 376 251 25220 18915 3783 2522 406 406 31539 23654 4731 3154 17403 10442 6961 GOLF COURSE EXPENSES 31452 31452 INSTRUCTIONAL EXPENSES 12276 12276 PAYROLL SERVICE CHARGE 5373 4030 806 537 BANK CHARGES 3521 0 3521 MISCELLANEOUS 3283 2464 491 328 4435 2495 1940 627591 476483 90592 60516 620775 583011 6542 1405 2677 2812 10677 8655 3475157 415668 3078405 3059489 380153 462226 4099229 4117598 20513 24246 12996 0 33509 24246 X 3902544 3996069 163176 97283 4065720 4093352 4099229 4117598 X 0 1 0 X 0 X 354097 351638 272326 429764 348789 1756614 354097 351638 272326 429764 348789 1756614 1756614 31688 29283 42137 30585 23071 156764 17389 1018 10851 29258 1942636 2153098 0.90420 0.89690 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 421063 421063 745569 745569 23263 23263 220646 220646 2064616 415668 1648948 3059489 INTEREST IN NET ASSETS OF OTHER ORGANIZATION 462226 C 462226 655223 627591 27632 0 27632 682719 27496 27496 655223 0 655223 655087 27496 27496 627591 0 627591 Part X: Description of Uncertain Tax Positions Under FIN 48: The Foundation evaluates its uncertain tax positions using the guidance for contingencies as contained in generally accepted accounting principles. The Organization was not aware of any uncertain tax positions that were not provided for in the accompanying financial statements. Part XII, Line 2d - Other Adjustments: SPECIAL EVENTS EXPENSE: 11199. PRO SHOP EXPENSES NETTED WITH INCOME: 16297. Part XIII, Line 2d - Other Adjustments: SPECIAL EVENTS EXPENSE: 11199. PRO SHOP EXPENSES NETTED WITH INCOME: 16297. CHAMPION EVENTS 22060 22060 4563 ONE CLUB TOURNAMENT 22840 22840 3156 2597 2597 3480 47497 47497 11199 11199 36298 Form 990, Part VI, Section B, line 11 A draft copy was provided to the finance committee prior to filing. Form 990, Part VI, Section B, line 15a The Golf Foundation establishes fair compensation for the Executive Director and other key employees by using data gathered nationally and regionally by various independent organizations that conduct salary and benefit studies. Form 990, Part VI, Section C, line 19 The Golf Foundation will provide upon request the following information to the public: governing documents and financial statements.