Atlanta Community Tennis Foundation Inc is located in Peachtree Corners, GA. The organization was established in 2003. According to its NTEE Classification (N66) the organization is classified as: Racquet Sports, under the broad grouping of Recreation & Sports and related organizations. As of 12/2023, Atlanta Community Tennis Foundation Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Atlanta Community Tennis Foundation Inc 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 12/2023, Atlanta Community Tennis Foundation Inc generated $341.0k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $316.8k during the year ending 12/2023. While expenses have increased by 7.9% per year over the past 9 years. They've been increasing with an increasing level of total revenue. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE THE PHYSICAL AND MENTAL DEVELOPMENT OF UNDERSERVED YOUTH IN METRO ATLANTA AND SURROUNDING COUNTIES THROUGH THE SPORT OF TENNIS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE AFTER SCHOOL AND SUMMER EDUCATION AND TENNIS PROGRAMMING TO UNDERSERVED COMMUNITIES IN THE METRO ATLANTA AREA.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Eric Schmook President | OfficerTrustee | 2 | $0 |
Lamar Scott Director | Trustee | 1 | $0 |
David Stolle Executive Vice President | OfficerTrustee | 1 | $0 |
Cindy Pietkiewicz Secretary | OfficerTrustee | 1 | $0 |
Timothy Noonan Director | Trustee | 1 | $0 |
Brent Lane Vice President | OfficerTrustee | 1 | $0 |
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 | $244,098 |
Noncash contributions included in lines 1a–1f | $17,151 |
Total Revenue from Contributions, Gifts, Grants & Similar | $244,098 |
Total Program Service Revenue | $29,832 |
Investment income | $8,970 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $57,951 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $341,001 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $989 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $62,615 |
Compensation of current officers, directors, key employees. | $12,523 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $53,994 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $11,011 |
Payroll taxes | $10,864 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $3,879 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $62,585 |
Advertising and promotion | $7,249 |
Office expenses | $6,689 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $3,834 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $8,213 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $700 |
All other expenses | $84,190 |
Total functional expenses | $316,812 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $343,266 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $12,700 |
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 | $1,276 |
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 | $357,242 |
Accounts payable and accrued expenses | $2,270 |
Grants payable | $19,410 |
Deferred revenue | $53,000 |
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 | $6,888 |
Total liabilities | $81,568 |
Net assets without donor restrictions | $275,674 |
Net assets with donor restrictions | $0 |
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 | $357,242 |
Over the last fiscal year, Atlanta Community Tennis Foundation Inc has awarded $28,829 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
SANDY SPRINGS TENNIS ASSOCIATION PURPOSE: TENNIS PROGRAMMING FOR SANDY SPRINGS MISSION | $7,000 |
SOUTH ATLANTA COMMUNITY TENNIS ASSOCIATION PURPOSE: TENNIS EQUIPMENT FOR PROGRAMS AT TENNIS CENTER | $21,829 |