Academy Tennis Corporation
- Assets
- $357.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Birmingham, AL
- Founding
- 05/2007
- Data as of
- 12/2019
- EIN
- 20-8987125
Organization Overview
Academy Tennis Corporation is located in Birmingham, AL. The organization was established in 2007. According to its NTEE Classification (P80) the organization is classified as: Centers to Support the Independence of Specific Populations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Academy Tennis Corporation 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 12/2019, Academy Tennis Corporation generated $16.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (21.8%) each year. All expenses for the organization totaled $17.5k during the year ending 12/2019. As we would expect to see with falling revenues, expenses have declined by (22.6%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2019
Describe the Organization's Program Activity:
Part 3
SEVERAL PLAYERS WON MANY SECTIONAL LEVEL TOURNAMENTS AND 2 OF THEM MADE IT TO NATIONALS ACADEMY TENNIS LOST ITS TOURNAMENTS IN 2019, BUT IS LOOKING FOR A NEW FACILITY TO RUN FUTURE EVENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Arthur Freeman Treasurer | 1 | $0 | |
Joel Mcmahon Secretary | 1 | $0 | |
Larry Fullilove President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $16,560 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $16,560 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $250 |
| Occupancy, rent, utilities, and maintenance | $825 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $16,391 |
| Total expenses | $17,466 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $357 |
| Other assets | $0 |
| Total assets | $357 |
| Total liabilities | $0 |
| Net assets or fund balances | $357 |
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