South Carolina Tennis Association Inc
- Assets
- $2.6m
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 12
- Location
- Columbia, SC
- Founding
- 08/1978
- Data as of
- 12/2021
- EIN
- 57-0665261
Organization Overview
South Carolina Tennis Association Inc is located in Columbia, SC. The organization was established in 1978. According to its NTEE Classification (N03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Recreation & Sports and related organizations. As of 12/2021, South Carolina Tennis Association Inc employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. South Carolina Tennis Association Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2021, South Carolina Tennis Association Inc generated $1.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.4% each year. All expenses for the organization totaled $1.5m during the year ending 12/2021. While expenses have increased by 5.6% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO DEVELOP, MAINTAIN, AND PROMOTE THE GAME OF TENNIS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROMOTE THE DEVELOPMENT OF TENNIS AS A MEANS OF HEALTHFUL RECREATION AND PHYSICAL FITNESS; TO ESTABLISH AND MAINTAIN THE RULES OF FAIR PLAY AND HIGH STANDARDS OF SPORTSMANSHIP; AND TO REPRESENT THE JURISDICTION OF SOUTH CAROLINA AS A MEMBER OF THE USTA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennifer Gregg Executive Di | Officer | 40 | $120,000 |
Nan Smith President | OfficerTrustee | 7 | $0 |
James Mckissick Immediate Pa | OfficerTrustee | 2 | $0 |
Kevin Light Vice Preside | OfficerTrustee | 2 | $0 |
Linda Paige Treasurer | OfficerTrustee | 4 | $0 |
Mary Margaret Hyatt Secretary | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $761,626 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $761,626 |
| Total Program Service Revenue | $790,832 |
| Investment income | $35,511 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $92,568 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,738,650 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $666,805 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $226,136 |
| Payroll taxes | $50,164 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $20,155 |
| Advertising and promotion | $25,157 |
| Office expenses | $44,385 |
| Information technology | $4,189 |
| Royalties | $0 |
| Occupancy | $23,992 |
| Travel | $16,427 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $118,356 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $23,040 |
| Insurance | $4,262 |
| All other expenses | $117,282 |
| Total functional expenses | $1,482,023 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $137,197 |
| Savings and temporary cash investments | $142,322 |
| 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 | $381,221 |
| Investments—publicly traded securities | $1,963,119 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,623,859 |
| Accounts payable and accrued expenses | $39,789 |
| 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 | $39,789 |
| Net assets without donor restrictions | $2,584,070 |
| 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 | $2,623,859 |
Grants Awarded
Over the last fiscal year, South Carolina Tennis Association Inc has awarded $20,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Belton, SC PURPOSE: JR PLAYER SUPPORT | $10,000 |
White Plains, NY PURPOSE: JR PLAYER SUPPORT | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that South Carolina Tennis Association Inc has recieved totaling $931,866.
| Awarding Organization | Amount |
|---|---|
Southern Tennis Association Inc Peachtree Corners, GA PURPOSE: GENERAL & ADMINISTRATIVE, MEMBERSHIP, COMMUNITY DEVELOPMENT, & OTHER ASSORTED GRANTS. | $931,866 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Professional Disc Golf Association Appling, GA | $8,115,447 | $8,426,910 |
North Carolina High School Athletic Chapel Hill, NC | $37,882,945 | $5,726,168 |
National Golf Course Owners Association Inc Charleston, SC | $4,591,671 | $2,827,919 |
American Association Of Independent Professional Baseball Ltd Winston Salem, NC | $708,199 | $1,166,697 |
South Carolina Tennis Association Inc Columbia, SC | $2,623,859 | $1,738,650 |
Intercollegiate Mens Lacrosse Coaches Association Durham, NC | $240,153 | $985,347 |
Gladiators Athletic Association Inc Johns Creek, GA | $456,616 | $693,124 |
Professional Baseball Athletic Trainers Society Atlanta, GA | $2,456,714 | $728,922 |
Five Oaks Recreational Association Inc Durham, NC | $541,637 | $335,209 |
North Carolina Professional Tennis Umpires Association Chapel Hill, NC | $56,727 | $273,866 |
North Carolina Fisheries Association Inc Morehead City, NC | $70,240 | $272,126 |
Greensboro Sports Council Inc Greensboro, NC | $655,554 | $258,064 |