Duluth Friends Of Tennis Inc
- Assets
- $117.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Duluth, MN
- Founding
- 01/1985
- Data as of
- 12/2022
- EIN
- 41-1385004
Organization Overview
Duluth Friends Of Tennis Inc is located in Duluth, MN. The organization was established in 1985. 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. Duluth Friends Of 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 12/2022, Duluth Friends Of Tennis Inc generated $66.9k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.4% each year. All expenses for the organization totaled $79.7k during the year ending 12/2022. While expenses have increased by 3.1% per year over the past 8 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
TENNIS LESSONS, TOURNAMENTS AND OTHER COMPETITIONS FOR ADULTS AND CHILDREN
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Meghan Kimber Director | 1 | $933 | |
Heather Hietala Vice Preside | 1 | $0 | |
Tom Rectenwald President | 1 | $0 | |
Anissa Karakas Director | 1 | $0 | |
Kris Torgrimson Secretary | 1 | $0 | |
Willie Paul Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,463 |
| Total Program Service Revenue | $58,392 |
| Membership dues | $6,940 |
| Investment income | $43 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $90 |
| Total Revenue | $66,928 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $42,522 |
| Professional fees and other payments to independent contractors | $3,220 |
| Occupancy, rent, utilities, and maintenance | $19,918 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $14,012 |
| Total expenses | $79,672 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $117,632 |
| Other assets | $0 |
| Total assets | $117,632 |
| Total liabilities | $0 |
| Net assets or fund balances | $117,632 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Duluth Friends Of Tennis Inc has recieved totaling $6,000.
| Awarding Organization | Amount |
|---|---|
Usta Northern Eagan, MN PURPOSE: Facility grant | $6,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Innercity Tennis Foundation Minneapolis, MN | $4,397,318 | $3,125,271 |
Fox Cities Racquet Club Inc Appleton, WI | $1,857,342 | $780,069 |
St Paul Tennis Club Saint Paul, MN | $1,755,956 | $459,021 |
United States Tennis Association Inc Fond Du Lac, WI | $260,045 | $452,587 |
Ripple Inc Hopkins, MN | $120,753 | $449,789 |
Parkcrest Swim & Tennis Club Inc Madison, WI | $321,908 | $306,856 |
Milwaukee Tennis & Education Foundation Inc Milwaukee, WI | $374,068 | $282,472 |
River Tennis Club Inc River Hills, WI | $817,915 | $220,365 |
Mn North Sports Inc Duluth, MN | $154,664 | $205,728 |
Sconnie Lacrosse Inc Appleton, WI | $28,020 | $0 |
N U S E Hockey Association New Ulm, MN | $58,548 | $164,891 |
Mahtomedi Youth Lacrosse Association Willernie, MN | $64,747 | $152,833 |