Chicago Platform Tennis Tournamentcharities Inc
- Assets
- $34.7k
- Revenue
- $55.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Lake Forest, IL
- Founding
- 02/2006
- Data as of
- 06/2021
- EIN
- 20-4004841
Organization Overview
Chicago Platform Tennis Tournamentcharities Inc is located in Lake Forest, IL. The organization was established in 2006. According to its NTEE Classification (N60) the organization is classified as: Amateur 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. Chicago Platform Tennis Tournamentcharities 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 06/2021, Chicago Platform Tennis Tournamentcharities Inc generated $55.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (14.7%) each year. All expenses for the organization totaled $50.4k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (18.8%) per year over the past 6 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 PROVIDE DONATIONS TO UNRELATED CHARITABLE ORGANIZATIONS AND TO PROMOTE THE SPORT OF PLATFORM TENNIS TO STUDENT-AGED ATHLETES
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION DONATES FUNDS TO UNRELATED TAX EXEMPT ORGANIZATIONS THAT CARRY ON CHARITABLE, RELIGIOUS, SCIENTIFIC, LITERARY AND EDUCATIONAL ACTIVITIES. THIS ACTIVITY IS INTENDED TO PROMOTE, ENCOURAGE AND SUPPORT CHARITABLE INTERESTS BY PROVIDING THESE ORGANIZATIONS WITH FUNDS NEEDED TO CARRY OUT SUCH ORGANIZATIONS' EXEMPT PURPOSE.
THE ORGANIZATION ORGANIZES PLATFORM TENNIS TOURNAMENTS. THE ORGANIZATION PLANS TO DEVELOP THE GROWTH OF PLATFORM TENNIS AMONG YOUNG ATHLETES IN A GRASS ROOTS CAMPAIGN. THE ORGANIZATION ENGAGES IN FUNDRAISING ACTIVITIES THROUGH THE OPERATION OF PLATFORM TENNIS TOURNAMENTS, PERSONAL SOLICITATIONS TO RAISE FUNDS AND THE SALE OF MERCHANDISE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alan Graham Executive Director & Director | OfficerTrustee | 10 | $0 |
Justin A Stanley Jr Treasurer & Director | OfficerTrustee | 2 | $0 |
Sally Cottingham Secretary & Director | OfficerTrustee | 3 | $0 |
John Noble Director | Trustee | 1 | $0 |
Bill O'brien Director | Trustee | 1 | $0 |
Shannon Vinson Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $20,000 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $20,000 |
| Total Program Service Revenue | $35,142 |
| Investment income | $24 |
| 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 | $55,166 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $11,000 |
| Grants and other assistance to domestic individuals. | $0 |
| 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 | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $1,776 |
| All other expenses | $3,122 |
| Total functional expenses | $50,362 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,059 |
| Savings and temporary cash investments | $30,643 |
| 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 | $34,702 |
| 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 | $0 |
| 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 | $34,702 |
| Total liabilities and net assets/fund balances | $34,702 |
Grants Awarded
Over the last fiscal year, Chicago Platform Tennis Tournamentcharities Inc has awarded $48,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
Evanston, IL PURPOSE: DONATION | $18,000 |
Evanston, IL PURPOSE: DONATION | $18,000 |
Chicago, IL PURPOSE: DONATION | $6,000 |
Chicago, IL PURPOSE: DONATION | $6,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Chicago Platform Tennis Tournamentcharities Inc has recieved totaling $11,500.
| Awarding Organization | Amount |
|---|---|
Cptc Nfp Lake Forest, IL PURPOSE: SUPPORT PADDLE TENNIS | $11,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Northmoor Country Club Highland Park, IL | $11,897,440 | $11,149,941 |
Lake Shore Country Club Glencoe, IL | $23,861,178 | $9,263,473 |
Old Warson Country Club St Louis, MO | $23,490,544 | $9,066,776 |
Sunset Ridge Country Club Northfield, IL | $17,255,295 | $10,252,845 |
Womans Athletic Club Of Chicago Chicago, IL | $20,940,207 | $10,056,294 |
Forest Hills Country Club Chesterfield, MO | $13,286,513 | $10,132,370 |
Saddle And Cycle Club Chicago, IL | $18,719,065 | $9,773,306 |
North Shore Country Club Glenview, IL | $28,721,411 | $13,484,153 |
Country Club Of St Albans Inc St Albans, MO | $19,599,498 | $9,156,914 |
Evanston Golf Club Skokie, IL | $23,495,821 | $10,032,948 |
Westwood Country Club Saint Louis, MO | $15,301,067 | $8,139,146 |
Zeta Tau Alpha Intl Fraternity & Fraternity Housing Corporation Carmel, IN | $39,911,070 | $10,659,852 |