Chattanooga Tennis Association Inc
- Assets
- $47.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Chattanooga, TN
- Founding
- 03/1979
- Data as of
- 12/2021
- EIN
- 58-1351363
Organization Overview
Chattanooga Tennis Association Inc is located in Chattanooga, TN. The organization was established in 1979. 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. Chattanooga Tennis Association 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, Chattanooga Tennis Association Inc generated $10.6k 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 (27.4%) each year. All expenses for the organization totaled $16.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (21.4%) 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
DUE TO COVID RESTRICTIONS, WE WERE UNABLE TO HAVE SPRING LEAGUES. STARTED LEAGUES BACK UP IN FALL 2021. HOSTED A MIXER FOR MEMBERS AND GUESTS. WE WERE ABLE TO HAVE THE JUNIOR LEAGUES IN THE FALL AS WELL AS A HOLIDAY CLINIC FOR THE JUNIORS. WE ALSO DONATED MONEY TO A LOCAL TENNIS TOURNAMENT. OUR MEMBERS VOLUNTEERED AT A STATE USTA TOURNAMENT HELD IN OUR CITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Laura Israel Secretary | 5 | $6,000 | |
Renee Mcclanahan Cta League Coordinator | 5 | $3,500 | |
John Davis President | 5 | $0 | |
Kim Riley Vice President | 5 | $0 | |
Troy Carroll Director Of Technology | 5 | $0 | |
Noel Lancaster Hospitality | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,420 |
| Total Program Service Revenue | $300 |
| Membership dues | $3,920 |
| Investment income | $4 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $10,644 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $9,500 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $12 |
| Other expenses | $4,655 |
| Total expenses | $15,957 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $47,521 |
| Other assets | $0 |
| Total assets | $47,521 |
| Total liabilities | $0 |
| Net assets or fund balances | $47,521 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Chattanooga Tennis Association Inc has recieved totaling $26,000.
| Awarding Organization | Amount |
|---|---|
Usta Foundation Incorporated White Plains, NY | | $26,000 |
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 |
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 |
Alabama Tennis Association Inc Hoover, AL | $3,196,851 | $1,295,553 |
Kentucky Tennis Association Inc Louisville, KY | $961,107 | $1,035,395 |
Arkansas Tennis Association Inc Little Rock, AR | $1,435,686 | $1,024,930 |