Georgia Tennis Association Inc
- Assets
- $3.3m
- Revenue
- $2.0m
- Investments
- $0.0
- Employees
- 17
- Location
- Marietta, GA
- Founding
- 03/1978
- Data as of
- 12/2021
- EIN
- 58-1309245
Organization Overview
Georgia Tennis Association Inc is located in Marietta, 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 12/2021, Georgia Tennis Association Inc employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Georgia 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, Georgia Tennis Association Inc generated $2.0m 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 (5.4%) each year. All expenses for the organization totaled $1.8m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (6.1%) per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE GEORGIA TENNIS ASSOCIATION HAS THE FOLLOWING EXEMPT PURPOSES AND OBJECTIVES: 1. TO CREATE, DEVELOP, MAINTAIN, AND PROMOTE THE GAME OF TENNIS WITHIN GEORGIA. 2. TO COOPERATE WITH AFFILIATED STATE AND DIVISIONAL ASSOCIATIONS IN DEVELOPING AND PROMOTING TENNIS. 3. TO ESTABLISH AND MAINTAIN COMPETITIVE SPORT IN THE UNITED STATES AND THE STATE OF GEORGIA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ADULT/SENIOR TENNIS PROGRAM-PROMOTES, MAINTAINS, AND DEVELOPS THE GAME OF TENNIS IN GEORGIA. THERE ARE APPROXIMATELY 53,000 PARTICIPANTS.
JUNIOR TENNIS PROGRAM-PROVIDES YOUNGSTERS WITH A TEAM OPPORTUNITY FOR FUN THROUGH THE LEARNING AND PLAYING OF TENNIS. APPROXIMATELY 3,800 JUNIORS PARTICIPATED.
COMMUNITY DEVELOPMENT-PROMOTES THE GAME OF TENNIS IN GA.
THE ORGANIZATION ALSO HAS TOURNAMENT ADMINISTRATION, SPECIAL INTEREST PROGRAMS AND OTHER ACTIVITIES TO PROMOTE COMMUNITY AND YOUTH TENNIS IN GEORGIA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Darren Potkey Executive Director | Officer | 40 | $126,460 |
Mark Botsch President | OfficerTrustee | 1 | $0 |
Eric Schmook Executive Vice President | OfficerTrustee | 1 | $0 |
Carolyn Watkins Vice President | OfficerTrustee | 1 | $0 |
Carol Shiver Vice President | OfficerTrustee | 1 | $0 |
Robert Washington Vice President | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $1,174,677 |
| 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 | $1,174,677 |
| Total Program Service Revenue | $778,919 |
| Investment income | $37,693 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $39,020 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,030,309 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $49,153 |
| 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. | $126,460 |
| Compensation of current officers, directors, key employees. | $42,691 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $702,093 |
| Pension plan accruals and contributions | $27,897 |
| Other employee benefits | $80,294 |
| Payroll taxes | $63,707 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $14,750 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $3,499 |
| Fees for services: Other | $0 |
| Advertising and promotion | $71,060 |
| Office expenses | $43,393 |
| Information technology | $12,253 |
| Royalties | $0 |
| Occupancy | $55,664 |
| Travel | $10,054 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $36,123 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $45,714 |
| Insurance | $35,379 |
| All other expenses | $0 |
| Total functional expenses | $1,772,302 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $150 |
| Savings and temporary cash investments | $1,062,497 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $11,019 |
| 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 | $6,584 |
| Net Land, buildings, and equipment | $1,033,186 |
| Investments—publicly traded securities | $1,199,284 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,312,720 |
| Accounts payable and accrued expenses | $81,014 |
| Grants payable | $0 |
| Deferred revenue | $1,991 |
| 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 | $83,005 |
| Net assets without donor restrictions | $3,229,715 |
| 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 | $3,312,720 |
Grants Awarded
Over the last fiscal year, Georgia Tennis Association Inc has awarded $49,153 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Peachtree Corners, GA PURPOSE: TENNIS DEVELOPMENT | $23,803 |
ATLANTA TENNIS CHAMPIONSHIPS PURPOSE: TENNIS DEVELOPMENT | $20,000 |
Peachtree Corners, GA PURPOSE: TENNIS DEVELOPMENT | $5,350 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Georgia Tennis Association Inc has recieved totaling $1,541,825.
| Awarding Organization | Amount |
|---|---|
Southern Tennis Association Inc Peachtree Corners, GA PURPOSE: GENERAL & ADMINISTRATIVE, MEMBERSHIP, COMMUNITY DEVELOPMENT, & OTHER ASSORTED GRANTS. | $1,524,465 |
Georgia Tennis Foundation Inc Marietta, GA PURPOSE: TENNIS DEVELOPMENT | $17,360 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Southern Tennis Association Inc Peachtree Corners, GA | $27,075,181 | $12,482,397 |
United States Tennis Association Florida Section Inc Orlando, FL | $13,895,256 | $5,218,982 |
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 |
Royal Palm Tennis Club Inc Pinecrest, FL | $3,076,353 | $2,178,912 |
Malivai Washington Kids Foundation Inc Jacksonville, FL | $12,289,150 | $2,851,121 |
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 |