New York Junior Tennis League Inc
- Assets
- $21.3m
- Revenue
- $24.9m
- Investments
- $0.0
- Employees
- 673
- Location
- Long Island City, NY
- Founding
- 03/1975
- Data as of
- 06/2022
- EIN
- 23-7442256
Organization Overview
New York Junior Tennis League Inc is located in Long Island City, NY. The organization was established in 1975. According to its NTEE Classification (N67) the organization is classified as: Swimming & Other Water Recreation, under the broad grouping of Recreation & Sports and related organizations. As of 06/2022, New York Junior Tennis League Inc employed 673 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New York Junior Tennis League 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 06/2022, New York Junior Tennis League Inc generated $24.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.8% each year. All expenses for the organization totaled $23.3m during the year ending 06/2022. While expenses have increased by 4.0% per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO DEVELOP THE CHARACTER OF YOUNG PEOPLE THROUGH TENNIS, EMPHASIZING THE IDEALS AND LIFE OF ARTHUR ASHE. SEE PART III, LINE 1 FOR MORE DETAIL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION OFFERS WEEKDAY, WEEKEND AND SUMMER OUT-OF-SCHOOL-TIME PROGRAMS IN OVER 30 PUBLIC SCHOOLS PROVIDING RECREATION AND A HEALTH CURRICULUM, TO IMPROVE STUDENTS' LIFE SKILLS, COMPETENCIES, ATTITUDES, BEHAVIORS AND SCHOOL PERFORMANCE. ACTIVITIES INCLUDE TUTORING, TENNIS, OTHER SPORTS, FITNESS, WELLNESS, NUTRITION EDUCATION, ARTS PROGRAMS, CHARACTER EDUCATION, STEM (SCIENCE, TECHNOLOGY, ENGINEERING AND MATHEMATICS), LITERACY ACTIVITIES AND EDUCATIONAL FIELD TRIPS. IN ADDITION, THE ORGANIZATION PROVIDES THE ARTHUR ASHE GUIDANCE PROGRAM, WHICH OFFERS A VARIETY OF EDUCATIONAL SERVICES TO HELP STUDENTS THRIVE IN SCHOOL, WHILE PROVIDING GUIDANCE ON ADMISSION AND FINANCIAL AID FOR HIGH SCHOOL AND COLLEGE.
LEEDS CENTER - THE ORGANIZATION OPERATES A TENNIS FACILITY WITH 12 COURTS IN CROTONA PARK, BRONX, NEW YORK. THE CENTER PROVIDED 6,053 FREE COMMUNITY TENNIS COURT HOURS. IN ADDITION, IT OFFERS TENNIS LESSONS TO ALL AGE GROUPS, ADULT AND JUNIOR PROGRAMS, AS WELL AS ADVANCED TRAINING AND TOURNAMENT PLAY TO TALENTED AND HIGH PERFORMING CHILDREN.
THE UNITED STATES TENNIS ASSOCIATION HAS GIVEN SPECIAL PERMISSION TO NYJTL TO RE-SELL US OPEN TENNIS TICKETS (AT SPECIFIED PRICES) FOR THE PURPOSE OF PROVIDING YOUNG PERSONS WITH TENNIS INSTRUCTION, PRACTICE, COMPETITION AND TEACHING VALUES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
George Guimaraes President And CEO (thru 7/21) | Officer | 40 | $232,108 |
Jayadeva Devashetty Director Of Player Development | 40 | $185,604 | |
Ahsha Rolle Director Of Adult Program | 40 | $184,950 | |
Joseph Ceriello Chief Marketing & Development | 40 | $140,969 | |
Jennifer Wohl Chief Education Officer | 40 | $135,557 | |
Ezra Miller CFO (thru 1/22) | Officer | 40 | $116,320 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Le Patner C3 Llc Construction Management Consultant | 6/29/16 | $1,012,245 |
Skart Inc Ticket Sales | 6/29/16 | $180,309 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $1,626,114 |
| Related organizations | $0 |
| Government grants | $13,370,794 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,385,832 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $17,382,740 |
| Total Program Service Revenue | $7,448,693 |
| Investment income | $770 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$34,947 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $24,865,586 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $169,958 |
| 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. | $653,946 |
| Compensation of current officers, directors, key employees. | $653,946 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $10,294,911 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $899,929 |
| Payroll taxes | $887,243 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $106,687 |
| Fees for services: Accounting | $60,854 |
| Fees for services: Lobbying | $86,344 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,278,691 |
| Advertising and promotion | $73,268 |
| Office expenses | $2,512,017 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $366,222 |
| Travel | $583,889 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $19,600 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $592,719 |
| Insurance | $128,081 |
| All other expenses | $0 |
| Total functional expenses | $23,288,822 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,950,691 |
| Savings and temporary cash investments | $1,561,885 |
| Pledges and grants receivable | $6,299,880 |
| Accounts receivable, net | $381,569 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $2,775,594 |
| Prepaid expenses and deferred charges | $231,503 |
| Net Land, buildings, and equipment | $7,128,276 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $21,329,398 |
| Accounts payable and accrued expenses | $1,590,042 |
| Grants payable | $0 |
| Deferred revenue | $4,819,311 |
| 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 | $2,000,000 |
| Other liabilities | $0 |
| Total liabilities | $8,409,353 |
| Net assets without donor restrictions | $10,727,715 |
| Net assets with donor restrictions | $2,192,330 |
| 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 | $21,329,398 |
Grants Awarded
Over the last fiscal year, New York Junior Tennis League Inc has awarded $31,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
WAGNER MIDDLE SCHOOL 167 PARENTS ASSOCIATION PURPOSE: IN SUPPORT OF STUDENTS' EDUCATION | $20,000 |
RESURGE INTERNATIONAL PURPOSE: ASSISTING PATIENTS IN LIFE CHANGING SURGERIES THROUGHOUT THE WORLD | $5,000 |
VAN DER MEER TENNIS ACADEMY PURPOSE: TO PROVIDE SCHOLARSHIP TO INNER CITY YOUTH WHO DEMONSTRATE TALENT | $6,000 |