Marthas Vineyard Community Tennis Inc is located in Oak Bluffs, MA. The organization was established in 2011. 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. Marthas Vineyard Community Tennis 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 12/2017, Marthas Vineyard Community Tennis Inc generated $12.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (19.3%) each year. All expenses for the organization totaled $9.0k during the year ending 12/2017. As we would expect to see with falling revenues, expenses have declined by (35.4%) per year over the past 2 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
2017
Describe the Organization's Program Activity:
Part 3
TO PROMOTE AND DEVELOPE TENNIS ON MARTHA'S VINEYARD THROUGH PROGRAMS, EVENTS AND SERVICES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Anthony G Omer Director | 0 | $0 | |
Nina Bramhall President | 0 | $0 | |
Ron Forrester Co-President | 0 | $0 | |
John Cahill Director | 0 | $0 | |
Anne Williamson Secretary | 0 | $0 | |
Lorne W Lewis Treasurer | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $12,267 |
Membership dues | $0 |
Investment income | $1 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $12,268 |
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 | $750 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $8,213 |
Total expenses | $8,963 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $17,565 |
Other assets | $0 |
Total assets | $17,565 |
Total liabilities | $0 |
Net assets or fund balances | $17,565 |
Over the last fiscal year, we have identified 1 grants that Marthas Vineyard Community Tennis Inc has recieved totaling $2,500.
Awarding Organization | Amount |
---|---|
Peter & Elizabeth C Tower Foundation Tr Getzville, NY PURPOSE: CHARITABLE | $2,500 |
Organization Name | Assets | Revenue |
---|---|---|
United States Squash Racquets Association Inc New York, NY | $39,381,714 | $9,670,106 |
Usta Eastern Inc White Plains, NY | $5,765,024 | $4,131,199 |
Millbrook Golf And Tennis Club Inc Millbrook, NY | $5,327,958 | $3,562,808 |
Tenacity Inc Boston, MA | $5,621,842 | $5,321,929 |
Tennis Club Of Rochester Inc Pittsford, NY | $3,132,804 | $2,778,170 |
The Sportmens Tennis & Enrichment Center Inc Dorchester, MA | $6,337,014 | $5,005,388 |
City Squash Inc Bronx, NY | $6,666,385 | $3,002,008 |
Port Washington Tennis Academy Inc Port Washington, NY | $5,263,201 | $1,557,377 |
Tennis And Racquet Club Boston, MA | $1,909,646 | $1,126,682 |
Poughkeepsie Tennis Club Poughkeepsie, NY | $543,906 | $1,179,973 |
Fox Meadow Tennis Club West Harrison, NY | $1,758,347 | $1,193,963 |
Harlem Junior Tennis And Education Program Inc New York, NY | $276,329 | $806,920 |