Winston Salem Tennis Incorporated
- Assets
- $185.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Winston Salem, NC
- Founding
- 05/1965
- Data as of
- 12/2021
- EIN
- 56-6066279
Organization Overview
Winston Salem Tennis Incorporated is located in Winston Salem, NC. The organization was established in 1965. 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. Winston Salem Tennis Incorporated 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, Winston Salem Tennis Incorporated generated $39.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (30.2%) each year. All expenses for the organization totaled $32.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (32.2%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bob Dostal Director | 2 | $0 | |
John Moser Director | 2 | $0 | |
Ed Simpson Director | 2 | $0 | |
Glenn Sadlik Sec Director | 5 | $0 | |
Luisa Elena Alvarez Director | 2 | $0 | |
Shawn Mcfarlin Sec Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,545 |
| Total Program Service Revenue | $35,704 |
| Membership dues | $0 |
| Investment income | $33 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $39,282 |
| 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 | $22 |
| Occupancy, rent, utilities, and maintenance | $1,573 |
| Printing, publications, postage, and shipping | $792 |
| Other expenses | $30,490 |
| Total expenses | $32,877 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $184,381 |
| Other assets | $0 |
| Total assets | $185,532 |
| Total liabilities | $0 |
| Net assets or fund balances | $185,532 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
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 |
Great Falls Swim And Tennis Club Inc Great Falls, VA | $1,432,573 | $847,197 |