New Mexico Youth Tennis Foundation
- Assets
- $119.5k
- Revenue
- $78.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Albuquerque, NM
- Founding
- 11/2007
- Data as of
- 12/2021
- EIN
- 01-0883506
Organization Overview
New Mexico Youth Tennis Foundation is located in Albuquerque, NM. The organization was established in 2007. According to its NTEE Classification (N66) the organization is classified as: Racquet Sports, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Mexico Youth Tennis Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, New Mexico Youth Tennis Foundation generated $78.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (9.8%) each year. All expenses for the organization totaled $75.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (8.8%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE YOUTH TENNIS IN NM AND TO EXPOSE NM YOUTH TO THE OPPORTUNITIES AVAILABLE THROUGH TENNIS & EDUCATION. WE SUPPORT TENNIS PROGRAMS FOR MIDSCHOOL & HIGH SCHOOL STUDENTS,AND ARE INCLUSIVE OF ALL SOCIO-ECONOMIC LEVELS,PROVIDING FINANCIAL ASSISTANCE FOR DESERVING JUNIORS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE NMYTF SUPPORTS AND PROMOTES EDUCATION AND OPPORTUNITY THROUGH TENNIS AND PROVIDES GRANTS AND SCHOLARSHIPS TO INDIVIDUAL YOUTH TENNIS PLAYERS (18 YEARS OF AGE AND YOUNGER)THAT RESIDE IN THE STATE OF NEW MEXICO TO ENABLE THEM TO PURSUE THEIR TENNIS CAREERS AND EDUCATION,THE ORGANIZATION ALSO PROVIDES EDUCATIONAL GRANTS OR STIPENDS TO THOSE INVOLVED IN PROGRAMS PROVIDING INSTRUCTION IN AFTER SCHOOL TENNIS PROGRAMS AND OTHER PROGRAMS SUPPORTING THE MISSION OF THE FOUNDATION. THROUGH THE SUPPORT OF AFTER SCHOOL PROGRAMS, JUNIOR DEVELOPMENT PROGRAMS, AND JUNIOR SCHOLARSHIPS, THE NMYTF WORKS TO CREATE HEALTHY COMMUNITIES IN THE STATE OF NEW MEXICO.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Suzanne Jollensten Exec Director And President | OfficerTrustee | 10 | $0 |
Pam Sullivan Secretary | Officer | 2 | $0 |
Shelley Barker Treasurer | Officer | 7 | $0 |
Jake Matthews Director | Trustee | 2 | $0 |
Jud Lee Director | Trustee | 2 | $0 |
Cee Ann Vaughan Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $16,770 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $16,770 |
| Total Program Service Revenue | $61,958 |
| Investment income | $36 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $78,764 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,504 |
| Grants and other assistance to domestic individuals. | $8,110 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $76 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,260 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $75,885 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $479 |
| Savings and temporary cash investments | $119,052 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $119,531 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $109,194 |
| Net assets with donor restrictions | $10,337 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $119,531 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Usta Texas Section Austin, TX | $7,818,554 | $8,049,451 |
Intermountain Tennis Association Denver, CO | $978,629 | $2,953,700 |
Colorado Tennis Association Denver, CO | $1,001,755 | $2,210,435 |
Bush Tennis Center Midland, TX | $9,369,349 | $1,319,595 |
United States Table Tennis Association Colorado Springs, CO | $717,492 | $1,875,586 |
Philcrest Hills Tennis Club Inc Jenks, OK | $1,757,213 | $1,276,202 |
Saddlebrooke Pickleball Association Tucson, AZ | $216,834 | $469,910 |
Village Tennis Riding And Swim Club Inc Cherry Hills Village, CO | $5,176,377 | $2,213,617 |
United States Racquetball Association Colorado Springs, CO | $605,679 | $1,181,471 |
Coach Mikes Friends Of Public Tennis Salt Lake City, UT | $528,519 | $876,954 |
Celtic Storm Soccer Club Orem, UT | $443,605 | $788,120 |
Denver Tennis Club Denver, CO | $1,863,502 | $1,051,082 |