Florence Tennis Association
- Assets
- $122.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Florence, SC
- Founding
- 08/2017
- Data as of
- 12/2022
- EIN
- 58-2339034
Organization Overview
Florence Tennis Association is located in Florence, SC. The organization was established in 2017. 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. Florence Tennis Association 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 12/2022, Florence Tennis Association generated $110.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.5% each year. All expenses for the organization totaled $85.2k during the year ending 12/2022. While expenses have increased by 4.3% 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kevin Light President | 5 | $0 | |
Ernie James Vice President | 5 | $0 | |
Brian Huggins Treasurer | 5 | $0 | |
Ronelle Vanheerden Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $58,218 |
| Total Program Service Revenue | $47,585 |
| Membership dues | $4,462 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $110,265 |
| 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 | $21,804 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $57,321 |
| Total expenses | $85,215 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $121,997 |
| Other assets | $0 |
| Total assets | $121,997 |
| Total liabilities | $300 |
| Net assets or fund balances | $121,697 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Florence Tennis Association has recieved totaling $6,000.
| Awarding Organization | Amount |
|---|---|
Usta Foundation Incorporated White Plains, NY | | $6,000 |
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 |