Tennis Association Of Hilton Head Island Inc
- Assets
- $162.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hilton Head, SC
- Founding
- 02/1983
- Data as of
- 12/2021
- EIN
- 57-0736905
Organization Overview
Tennis Association Of Hilton Head Island Inc is located in Hilton Head, SC. The organization was established in 1983. 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. Tennis Association Of Hilton Head Island 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 Association Of Hilton Head Island Inc generated $32.1k 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 (7.6%) each year. All expenses for the organization totaled $13.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (15.5%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
GRANTS AWARDED TO SUPPORT AREA PUBLIC TENNIS TOURNAMENTS. OVER 4,000 INDIVIDUALS BENEFITED DIRECTLY AND SUPPORTED DEVELOPMENT OF AREA FACILITIES. PUBLISHED DIRECTORY OF LOCAL AREA TENNIS PLAYERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jackie Reynecke President | 5 | $0 | |
Tracy Castricone Treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $32,106 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $32,106 |
| 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 | $7,705 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,649 |
| Total expenses | $13,466 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $162,885 |
| Other assets | $0 |
| Total assets | $162,885 |
| Total liabilities | $0 |
| Net assets or fund balances | $162,885 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Tennis Association Of Hilton Head Island Inc has recieved totaling $6,503.
| Awarding Organization | Amount |
|---|---|
Southern Tennis Association Inc Peachtree Corners, GA PURPOSE: 2021 CGPG GRANT | $6,503 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
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 |
Atlanta Lawn Tennis Association Inc Roswell, GA | $5,942,134 | $1,735,741 |
Atlanta Community Tennis Association Inc Peachtree Corners, GA | $984,721 | $954,060 |
Yonahlossee Racquet Club Inc Boone, NC | $855,205 | $589,388 |
Columbus Regional Tennis Assoc Inc Columbus, GA | $3,128,529 | $637,732 |
Northside Youth Lacrosse Atlanta, GA | $245,689 | $471,981 |
Creekside Tennis & Swim Mount Pleasant, SC | $1,085,338 | $443,714 |
Mach Academy Inc Augusta, GA | $476,756 | $407,796 |
Peachtree Station Swim And Tennis Club Inc Norcross, GA | $1,647,355 | $265,088 |