Oyebog Tennis Academy Inc
- Assets
- $71.1k
- Revenue
- $476.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Westport, CT
- Founding
- 02/2000
- Data as of
- 12/2021
- EIN
- 58-2490083
Organization Overview
Oyebog Tennis Academy Inc is located in Westport, CT. The organization was established in 2000. According to its NTEE Classification (Q11) the organization is classified as: Single Organization Support, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Oyebog Tennis Academy 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, Oyebog Tennis Academy Inc generated $476.0k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 29.8% each year . All expenses for the organization totaled $459.7k during the year ending 12/2021. While expenses have increased by 30.2% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
RAISE FUNDS TO PROVIDE TENNIS EDUCATION, INSTRUCTION, AND EQUIPMENT TO THE GENERAL PUBLIC
Describe the Organization's Program Activity:
Part 3 - Line 4a
FUNDED CENTERS PROVIDING LESSONS, EQUIPMENT AND GENERAL INSTRUCTION/EDUCATION TO OVER ONE THOUSAND TWO HUNDRED CHILDREN IN CAMEROON. COLLECTED AND SHIPPED RELATED EQUIPMENT. FUNDED CONSTRUCTION OF TENNIS COURTS AND ASSOCIATED FACILITIES ON WHICH TO PROVIDE INSTRUCTION TO PROGRAM PARTICIPANTS. PROVIDED FUNDS TO PAY SCHOOL FEES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Clair Mason Director | Trustee | 1 | $0 |
Richard Levin Director | Trustee | 1 | $0 |
Elizabeth Dolfi Director | Trustee | 1 | $0 |
Beth Hochhauser Director | Trustee | 1 | $0 |
Stephanie Lemke Director | Trustee | 1 | $0 |
Name Not Listed Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $29,000 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $447,026 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $476,026 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $476,026 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $430,426 |
| 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 | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $1,251 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $9,369 |
| Insurance | $703 |
| All other expenses | $0 |
| Total functional expenses | $459,677 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $36,961 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $34,092 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $71,053 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $25,000 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $45,000 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $70,000 |
| Net assets without donor restrictions | $0 |
| 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 | $1,053 |
| Total liabilities and net assets/fund balances | $71,053 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Oyebog Tennis Academy Inc has recieved totaling $24,570.
| Awarding Organization | Amount |
|---|---|
Libby Holman Foundation Inc Westport, CT PURPOSE: GENERAL SUPPORT | $12,000 |
Morgan Stanley Global Impact Funding Trust Inc Indianapolis, IN PURPOSE: UNRESTRICTED GENERAL SUPPORT | $10,000 |
Allen J And Lorraine E Noveck Charitable Trust Aventura, FL PURPOSE: EDUCATION THROUGH TENNIS | $2,000 |
Weissman Fam Charitable Foundation 11152000 Waltham, MA PURPOSE: GENERAL | $500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $70 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Committee For The Weizmann Institute Of Science Inc New York, NY | $998,462,000 | $135,716,000 |
American Friends Of The Hebrew University Inc New York, NY | $772,129,551 | $142,838,481 |
Cambridge In America New York, NY | $39,696,080 | $66,388,937 |
American Friends Of Magen David Adom New York, NY | $63,791,324 | $47,704,014 |
American Friends Of The Tel Aviv University Inc New York, NY | $102,815,581 | $23,256,037 |
American Committee For Shaare Zedek New York, NY | $30,081,200 | $42,143,633 |
The Shalom Hartman Institute Of North America New York, NY | $33,744,747 | $19,450,722 |
American Friends Of I D C New York, NY | $14,623,044 | $14,040,962 |
Impactisrael Inc Needham, MA | $24,207,913 | $9,440,610 |
Western Wall Heritage Foundation Inc New York, NY | $25,127,804 | $7,810,412 |
American Academy In Berlin New York, NY | $65,074,118 | $12,729,406 |
Pardes Institute Of Jewish Studies North America Inc New York, NY | $14,479,491 | $5,447,773 |