Tennis & Education Inc

Organization Overview

Tennis & Education Inc is located in Saint Paul, MN. The organization was established in 2000. According to its NTEE Classification (N40) the organization is classified as: Sports Associations & Training Facilities, under the broad grouping of Recreation & Sports and related organizations. As of 12/2021, Tennis & Education Inc employed 45 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tennis & Education 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 12/2021, Tennis & Education Inc generated $2.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.8% each year . All expenses for the organization totaled $2.5m during the year ending 12/2021. While expenses have increased by 8.5% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO BRING PEOPLE TOGETHER OF ALL AGES, ABILITIES AND BACKGROUNDS TO EMBRACE THE LIFELONG GAME OF TENNIS WHILE SERVING UNDER-RESOURCED YOUTH WITH THE SUPPORT OF THE COMMUNITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SEE SCHEDULE O.


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Board, Officers & Key Employees

Name (title)Compensation
Esther Tsai
Executive Director
$141,720
Rick Rinkoff
Immediate Past President
$0
John Ahern
President And Director
$0
Visala Goswitz
Secretary And Director
$0
David Erickson
Treasurer And Director
$0
Tom Judd
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$185,691
Related organizations$0
Government grants $210,889
All other contributions, gifts, grants, and similar amounts not included above$303,730
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$700,310
Total Program Service Revenue$2,025,065
Investment income $1,227
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $5,040
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 $49,573
Miscellaneous Revenue$0
Total Revenue $2,852,378

Grants Recieved

Over the last fiscal year, we have identified 6 grants that Tennis & Education Inc has recieved totaling $96,900.

Awarding OrganizationAmount
$34,500
Schwab Charitable Fund

San Francisco, CA

PURPOSE: HUMAN SERVICES

$26,900
Usta Northern

Eagan, MN

PURPOSE: Marketing grant; community tennis grant; matching gift

$10,500
American Gift Fund

Wilmington, DE

PURPOSE: OPERATIONS

$10,000
Sheltering Arms Foundation

Minneapolis, MN

PURPOSE: SEE SCHEDULE O

$8,000
Frederic C Collins Trust Uw Fbo Polo And Tennis

Las Vegas, NV

PURPOSE: TENNISWORKS YOUTH DEVELOPMENT

$7,000
View Grant Recipient Profile

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