Charlotte Tennis Association Inc
- Assets
- $798.7k
- Revenue
- $363.4k
- Investments
- $0.0
- Employees
- 2
- Location
- Charlotte, NC
- Founding
- 05/1993
- Data as of
- 12/2022
- EIN
- 56-1803357
Organization Overview
Charlotte Tennis Association Inc is located in Charlotte, NC. The organization was established in 1993. According to its NTEE Classification (N66) the organization is classified as: Racquet Sports, under the broad grouping of Recreation & Sports and related organizations. As of 12/2022, Charlotte Tennis Association Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Charlotte Tennis Association 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, Charlotte Tennis Association Inc generated $363.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $348.5k during the year ending 12/2022. While expenses have increased by 3.8% 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
CTA PROVIDES A FULL RANGE OF TENNIS PROGRAMS AND ACTIVITIES FOR PEOPLE OF ALL AGES, ABILITIES AND BACKGROUNDS AND CREATES OPPORTUNITIES TO ENJOY THE SOCIAL, PHYSICAL AND HEALTH BENEFITS PROVIDED BY THE SPORT OF TENNIS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ADULT PROGRAMS AND EVENTS - THE CHARLOTTE TENNIS ASSOCIATION OPERATES PROGRAMS DESIGNED TO INTRODUCE NEW PLAYERS TO THE GAME, AS WELL AS PROVIDE MATCH PLAY OPPORTUNITY FOR THE EXISTING POPULATION OF PLAYERS IN CHARLOTTE AND SURROUNDING AREAS. THE CTA PLANS, ORGANIZES, AND PROMOTES AND COORDINATES ALL ASPECTS OF PLAY AT AREA PUBLIC AND PRIVATE TENNIS FACILITIES. IN 2022 OVER 6,000 ADULTS RANGING IN AGE FROM 21 TO OVER 80 YEARS OF AGE PARTICIPATED IN THREE LEAGUES/PROGRAMS ORGANIZED BY CTA.
JUNIOR PROGRAMS - THE CTA OPERATES PROGRAMS DESIGNED TO INTRODUCE PLAYERS TO THE GAME, AS WELL AS PROVIDE MATCH PLAY OPPORTUNITY FOR EXISTING PLAYERS IN THE GREATER CHARLOTTE AREA. THE CTA ORGANIZES & PROMOTES ALL ASPECTS OF PLAY AT AREA PUBLIC AND PRIVATE TENNIS FACILITIES. THE CTA PARTNERS WITH MECKLENBURG COUNTY PARKS AND RECREATION TO HOST FOUR USTA SANCTIONED TOURNAMENTS FOR BEGINNING THROUGH HIGHLY RANKED COMPETITIVE PLAYERS. CERTAIN EVENTS DRAW PLAYERS FRO THE SOUTHERN REGION AND SUPPORT ECONOMIC IMPACT IN THE COMMUNITY. THE CTA COLLABORATES WITH AREA FACILITIES TO PROVIDE PLAY OPPORTUNITY THROUGH THE JUNIOR TEAM TENNIS PROGRAM FOR PLAYERS ACROSS ALL SKILL LEVELS.
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 |
|---|---|---|---|
Carla O'connor Executive Dir. | Officer | 40 | $104,363 |
Joel Turner President | OfficerTrustee | 5 | $0 |
Pamela Furr Vice President | OfficerTrustee | 3 | $0 |
Erich Podzinski Treasurer | OfficerTrustee | 2 | $0 |
Tracy Brea Secretary | OfficerTrustee | 2 | $0 |
Hunt Allen Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $38,570 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $38,570 |
| Total Program Service Revenue | $314,467 |
| Investment income | $1,474 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $363,417 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $80,440 |
| 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. | $104,363 |
| Compensation of current officers, directors, key employees. | $41,745 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $51,824 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $11,982 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,913 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $15,333 |
| Advertising and promotion | $5,028 |
| Office expenses | $0 |
| Information technology | $990 |
| Royalties | $0 |
| Occupancy | $3,348 |
| Travel | $2,130 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,459 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,796 |
| All other expenses | $11,660 |
| Total functional expenses | $348,509 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $62,946 |
| Savings and temporary cash investments | $725,767 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $10,000 |
| Total assets | $798,713 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $798,713 |
| Net assets with donor restrictions | $0 |
| 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 | $798,713 |