Charlotte Tennis Association Inc
- Assets
- $692.1k
- Revenue
- $234.1k
- Investments
- $0.0
- Employees
- 2
- Location
- Charlotte, NC
- Founding
- 05/1993
- Data as of
- 12/2020
- 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 12/2020, 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 12/2020, Charlotte Tennis Association Inc generated $234.1k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.8%) each year. All expenses for the organization totaled $202.7k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (3.8%) per year over the past 6 years. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE AND DEVELOP THE GROWTH OF TENNIS IN THE GREATER CHARLOTTE COMMUNITY.
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, PROMOTES AND COORDINATES ALL ASPECTS OF PLAY AT AREA PUBLIC AND PRIVATE TENNIS FACILITIES. IN 2020 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 FROM 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. IN 2020 ABOUT 1,250 PLAYERS, AGES 6 TO 18, PARTICIPATED.
COMMUNITY OUTREACH PROGRAMS - THE CTA PROVIDES SUPPORT FOR AFTER SCHOOL PROGRAMS SERVING UNDER-RESOURCED YOUTH, SUCH AS THE GREATER ENRICHMENT PROGRAM, WHERE TENNIS AND THE USTA A.C.E. CURRICULUM ARE A COMPONENT. THE CTA ALSO SUPPORTS PROGRAMS THAT SERVE INDIVIDUALS WITH DISABILITIES, INCLUDING THE LOCAL SPECIAL OLYMPICS TENNIS PROGRAM, ASAP WHEELCHAIR TENNIS PROGRAM, AND ACEING AUTISM.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
O'connor Carla Executive Di | Officer | 40 | $81,900 |
Furr Pam Vice Preside | OfficerTrustee | 3 | $0 |
Turner Joel President | OfficerTrustee | 5 | $0 |
Podzinski Erich Treasurer | OfficerTrustee | 2 | $0 |
Brea Tracy Secretary | OfficerTrustee | 2 | $0 |
Allen Hunt At-Large Dir | 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 | $44,450 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $44,450 |
| Total Program Service Revenue | $185,105 |
| Investment income | $4,564 |
| 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 | $234,119 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,250 |
| 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. | $81,900 |
| Compensation of current officers, directors, key employees. | $32,760 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $42,500 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $9,530 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,336 |
| Fees for services: Accounting | $4,313 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $14,048 |
| Advertising and promotion | $1,887 |
| Office expenses | $3,489 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $2,495 |
| Travel | $994 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $670 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $5,410 |
| All other expenses | $3,765 |
| Total functional expenses | $202,721 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $32,968 |
| Savings and temporary cash investments | $649,093 |
| 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 | $692,061 |
| 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 | $667,061 |
| Net assets with donor restrictions | $25,000 |
| 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 | $692,061 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Charlotte Tennis Association Inc has recieved totaling $32,288.
| Awarding Organization | Amount |
|---|---|
Southern Tennis Association Inc Peachtree Corners, GA PURPOSE: 2021 CGPG GRANT | $26,288 |
United States Tennis Association Inc White Plains, NY PURPOSE: PROGRAM GRANT | $6,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Southern Tennis Association Inc Peachtree Corners, GA | $27,075,181 | $12,482,397 |
Usta Mid-Atlantic Foundation Herndon, VA | $9,955,195 | $6,119,455 |
North Carolina Tennis Association Incorporated Greensboro, NC | $3,086,008 | $3,276,809 |
Professional Tennis Registry Inc Hilton Head Island, SC | $6,269,528 | $3,800,991 |
Georgia Tennis Association Inc Marietta, GA | $3,312,720 | $2,030,309 |
Chapel Hill Tennis Club Inc Carrboro, NC | $1,484,802 | $1,790,846 |
Tennessee Tennis Association Nashville, TN | $1,241,223 | $1,735,556 |
Atlanta Lawn Tennis Association Inc Roswell, GA | $5,942,134 | $1,735,741 |
Brentwood Swim And Tennis Club Inc Brentwood, TN | $1,599,906 | $1,730,461 |
Tennis Memphis Inc Memphis, TN | $350,559 | $1,302,648 |
Chesterbrook Swimming And Tennis Club McLean, VA | $6,546,549 | $1,290,665 |
Manker Patten Tennis Club Inc Chattanooga, TN | $2,476,761 | $957,597 |