The Friends Of Tennis Inc
- Assets
- $54.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Longboat Key, FL
- Founding
- 02/2002
- Data as of
- 07/2022
- EIN
- 65-1111331
Organization Overview
The Friends Of Tennis Inc is located in Longboat Key, FL. The organization was established in 2002. According to its NTEE Classification (N19) the organization is classified as: Support N.E.C., 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. Friends Of Tennis 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 07/2022, Friends Of Tennis Inc generated $6.6k 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 (8.4%) each year. All expenses for the organization totaled $2.7k during the year ending 07/2022. As we would expect to see with falling revenues, expenses have declined by (10.9%) 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
2022
Describe the Organization's Program Activity:
Part 3
ASSISTED IN OPERATIONS OF LONGBOAT TENNIS CENTER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Mcgrath VP | 0 | $0 | |
Barbara Cohen Secretary | 0 | $0 | |
Doug Rhodes Vice Preside | 0 | $0 | |
David Green President | 0 | $0 | |
Charles Muntan Treasurer | 0 | $0 | |
Tom Geyman VP | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $20,180 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $3 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$13,592 |
| Other Revenue | $0 |
| Total Revenue | $6,591 |
| 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 | $375 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $2,338 |
| Total expenses | $2,713 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $54,480 |
| Other assets | $0 |
| Total assets | $54,480 |
| Total liabilities | $3,738 |
| Net assets or fund balances | $50,742 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that The Friends Of Tennis Inc has recieved totaling $1,500.
| Awarding Organization | Amount |
|---|---|
Adams Family Foundation Ii Murfreesboro, TN PURPOSE: GENERAL FUND | $1,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Rabun County Athletic Booster Club Inc Clayton, GA | $40,436 | $247,359 |
Hokes Bluff Athletic Club Inc Gadsden, AL | $31,468 | $182,773 |
Three Mile Creek Partnership Mobile, AL | $36,569 | $74,679 |
Black Knight Touchdown Club Inc Lawrenceville, GA | $57,270 | $0 |
Tkd Sports And Health Foundation Corp Delray Beach, FL | $23,196 | $0 |
G R E A T Foundation Inc Atlanta, GA | $89,652 | $8,772 |
Shiny Side Up Inc Kennesaw, GA | $0 | $6,729 |
The Friends Of Tennis Inc Longboat Key, FL | $54,480 | $0 |
Rotarys Suncoast Playground Projects Inc Bradenton, FL | $383,499 | $0 |
Sports Support Association Inc Lutz, FL | $101 | $0 |