Manker Patten Tennis Club Inc

The information for Manker Patten Tennis Club Inc is as of the organization's most recent filing in December '21. This organization is located in Chattanooga, TN. It has been in existence for 39 years, following its founding in 1982.

Organization Classification

The IRS classifies organizations according to the National Taxonomy of Exempt Entities (NTEE) system. The NTEE system helps the IRS assign a 3-character code to each organization to describe the organization's activities.

The Manker Patten Tennis Club Inc's NTEE code is N66. The "N" tells us that the organization is classified along with Recreation & Sports. The "66" tells us that the organization is involved in Racquet Sports. The NTEE describes Racquet Sports organizations as those that provide opportunities for people to learn and become competitive in tennis, badminton, racquet ball, squash, table tennis, and other racquet sports, including coaching, access to courts, equipment, and officials for competitions.

Every organization is also governed by a specific section of the Internal Revenue Code. This organization happens to fall under section 7, which is described as Social and Recreational Clubs.

Perhaps the most accurate way to understand the organization's goals is by looking at its mission statement. The mission of the Manker Patten Tennis Club Inc is to operate a tennis club.

Board Governance

The Manker Patten Tennis Club Inc appears to be well-governed based on the provided information. The organization has 9 voting members, all of whom are independent, indicating a diverse and unbiased decision-making process. The absence of potential conflicts of interest further strengthens the organization's governance structure, ensuring that decisions are made in the best interest of the non-profit. The fact that the board meetings and committee meetings are documented demonstrates a commitment to transparency and accountability. This documentation allows for the tracking of decisions and actions taken by the organization, providing a clear record of governance activities. Additionally, the organization's practice of providing copies of the 990 to the board prior to filing further promotes transparency and allows for board members to review the financial information of the non-profit. While the organization does not have specific policies in place for conflict of interest, whistleblower protection, or document retention, the absence of conflicts of interest and the documented meetings suggest that the organization is effectively managing these aspects. However, it would be beneficial for the organization to consider implementing these policies to further enhance its governance practices and ensure compliance with best practices in the non-profit sector. Overall, the Manker Patten Tennis Club Inc appears to have a well-functioning governance structure that prioritizes transparency and independent decision-making.

Organization Growth

The Manker Patten Tennis Club Inc has experienced growth over the given time period. Contributions & Grants Received increased from $568.7K in 2015 to $715.6K in 2021, and Program Service Revenue increased from $222.0K in 2015 to $234.7K in 2021. Total Revenue also saw an increase from $790.7K in 2015 to $957.6K in 2021. Additionally, Employee Salaries increased from $292.1K in 2015 to $418.0K in 2021. However, it is worth noting that Investment Income decreased from $119 in 2015 to $47 in 2021. Total Expenses also increased from $716.1K in 2015 to $875.2K in 2021. The number of Total Employees decreased from 18 in 2015 to 0 in 2021, but this line item is not meaningful over this time period. Overall, the organization has shown growth in terms of revenue and expenses.