Southern Tennis Association Inc
- Assets
- $25.9m
- Revenue
- $13.9m
- Investments
- $248.8k
- Employees
- 35
- Location
- Peachtree Corners, GA
- Founding
- 05/1978
- Data as of
- 12/2023
- EIN
- 58-1190935
Organization Overview
Southern Tennis Association Inc is located in Peachtree Corners, GA. The organization was established in 1978. 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 12/2023, Southern Tennis Association Inc employed 35 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Southern 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 12/2023, Southern Tennis Association Inc generated $13.9m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 0.4% each year. All expenses for the organization totaled $14.3m during the year ending 12/2023. While expenses have increased by 3.0% per year over the past 9 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.
Since 2015, Southern Tennis Association Inc has awarded 328 individual grants totaling $58,240,845. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE ASSOCIATION'S MISSION IS GROWING TENNIS TO INSPIRE HEALTHIER PEOPLE AND COMMUNITIES EVERYWHERE. THE ASSOCIATION PROMOTES THE DEVELOPMENT OF TENNIS AS A MEANS OF HEALTHFUL RECREATION AND PHYSICAL FITNESS, AS WELL AS, ESTABLISHES AND MAINTAINS RULES OF FAIR PLAY AND HIGH STANDARDS OF SPORTSMANSHIP.USTA SOUTHERN WAS FOUNDED IN 1886 AND IS FOCUSED ON THE DEVELOPMENT AND PROMOTION OF TENNIS WITHIN THE NINE STATES COMPRISING THE USTA SOUTHERN SECTION ALABAMA, ARKANSAS, GEORGIA, KENTUCKY, LOUISIANA, MISSISSIPPI, NORTH CAROLINA, SOUTH CAROLINA AND TENNESSEE. IT IS THE LARGEST OF 17 SECTIONAL ASSOCIATIONS THAT MAKE UP THE UNITED STATES TENNIS ASSOCIATION (USTA), THE NATIONAL GOVERNING BODY OF TENNIS IN THE UNITED STATES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMUNITY TENNIS PROGRAM - THE ASSOCIATION PROVIDES A FRAMEWORK FOR OUR NETWORK OF COMMUNITY TENNIS ASSOCIATIONS TO SUPPORT AND PROMOTE THEIR MISSION, WHICH INCLUDES GRANTS, ORGANIZATIONAL DEVELOPMENT, AND CONTINUING EDUCATION. THIS INVOLVES DISTRIBUTIONS OF GRANTS AND ALLOCATIONS, COSTS TO HANDLE MAINTENANCE AND RECORDS, SUBMITTING OF DEPOSITS AND DISTRIBUTING FUNDS TO 9 STATES AND COMMUNITY ASSOCIATIONS.
JUNIOR DEVELOPMENT PROGRAM -THE ASSOCIATION PROVIDES JUNIOR TENNIS PROGRAMMING FOR JUNIOR TOURNAMENTS AT BOTH THE ENTRY LEVEL AND THE ADVANCED LEVEL, JUNIOR TEAM TENNIS, AND IN SCHOOL AND AFTER SCHOOL TENNIS PROGRAMMING VIA THE PHYSICAL EDUCATION DEPARTMENT OF SCHOOLS.
ADULT PROGRAM - THE ASSOCIATION PROVIDES ADULT AND SENIOR TENNIS PROGRAMMING FOR ADULT TOURNAMENTS AT BOTH THE LEVEL BASE AND AGE BASE, ADULT LEAGUES, SOCIAL LEAGUES AND INTRODUCTORY PROGRAMMING FOR NEW PLAYERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brett Schwartz President & CEO | OfficerTrustee | 25 | $0 |
Ted Reese Executive Vice President | OfficerTrustee | 1 | $0 |
Beth Hopkins Vice President | OfficerTrustee | 1 | $0 |
Ashley Massengale Vice President | OfficerTrustee | 1 | $0 |
Drew Meyers Vice President | OfficerTrustee | 1 | $0 |
Dave Neuhart Secretary | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $10,655,728 |
| 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 | $10,655,728 |
| Total Program Service Revenue | $2,851,144 |
| Investment income | $598,301 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$181,032 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$13,156 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $13,910,985 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $8,148,205 |
| 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 | $212,240 |
| Other salaries and wages | $2,501,135 |
| Pension plan accruals and contributions | $248,564 |
| Other employee benefits | $386,198 |
| Payroll taxes | $201,999 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $434 |
| Fees for services: Accounting | $31,683 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $62,425 |
| Fees for services: Other | $5,985 |
| Advertising and promotion | $442,732 |
| Office expenses | $40,239 |
| Information technology | $77,839 |
| Royalties | $0 |
| Occupancy | $83,871 |
| Travel | $340,983 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $587,837 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $53,265 |
| Insurance | $18,068 |
| All other expenses | $861,230 |
| Total functional expenses | $14,304,932 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $120 |
| Savings and temporary cash investments | $2,105,107 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $499,649 |
| 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 | $80,236 |
| Net Land, buildings, and equipment | $738,247 |
| Investments—publicly traded securities | $21,356,305 |
| Investments—other securities | $248,753 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $836,283 |
| Total assets | $25,864,700 |
| Accounts payable and accrued expenses | $492,704 |
| 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 | $1,097,483 |
| Total liabilities | $1,590,187 |
| Net assets without donor restrictions | $24,274,513 |
| 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 | $25,864,700 |
Grants Awarded
Over the last fiscal year, Southern Tennis Association Inc has awarded $7,929,379 in support to 51 organizations.
| Grant Recipient | Amount |
|---|---|
ACADIANA COMMUNITY TENNIS ASSOC PURPOSE: 2023 CGPG GRANT | $6,310 |
ALABAMA TENNIS ASSOCIATION PURPOSE: FINANCIAL ASSISTANCE | $616,161 |
AMERICAN TENNIS ASSOCIATION PURPOSE: ATA SOUTH PROGRAMMING | $25,000 |
BATON ROUGE WHEELCHAIR TENNIS ASSOCIATION PURPOSE: WHEELCHAIR TOURNAMENTS PROGRAM GRANT 2023 | $6,000 |
ARKANSAS TENNIS ASSOCIATION PURPOSE: FINANCIAL ASSISTANCE | $380,755 |
ATLANTA COMMUNITY TENNIS ASSOC (ACTA) PURPOSE: 2023 CGPG GRANT | $54,344 |