Waco Tennis Association Inc
- Assets
- $168.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Waco, TX
- Founding
- 09/2014
- Data as of
- 12/2022
- EIN
- 74-1783545
Organization Overview
Waco Tennis Association Inc is located in Waco, TX. The organization was established in 2014. According to its NTEE Classification (N70) the organization is classified as: Amateur Sports Competitions, 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. Waco 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 12/2022, Waco Tennis Association Inc generated $138.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (4.6%) each year. All expenses for the organization totaled $114.1k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (6.5%) per year over the past 6 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 Mission:
Part 3 - Line 1
PROMOTE TENNIS IN THE WACO, TEXAS AREA.
Describe the Organization's Program Activity:
Part 3
WE HOSTED AND FUNDED TENNIS TOURNAMENTS, LEAGUES, AND OTHER TENNIS ACTIVITIES FOR CHILDREN AND ADULTS, AND EDUCATED THE GENERAL PUBLIC ON THE BENEFITS OF TENNIS.
WE PROVIDED SCHOLARSHIPS TO EIGHT GRADUATING SENIORS FROM THE TENNIS COMMUNITY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeff Cox President | 2 | $0 | |
Brett Farnum Vice President | 1 | $0 | |
Bill Sanders Treasurer | 1 | $0 | |
Ravi Sriram Secretary | 1 | $0 | |
Claire Mcferran Director | 1 | $0 | |
Eric Coffman Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $138,589 |
| Membership dues | $0 |
| Investment income | $3 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $138,592 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $200 |
| Printing, publications, postage, and shipping | $364 |
| Other expenses | $105,218 |
| Total expenses | $114,132 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $168,756 |
| Other assets | $0 |
| Total assets | $168,756 |
| Total liabilities | $0 |
| Net assets or fund balances | $168,756 |