Houston Tennis Association Inc
- Assets
- $747.5k
- Revenue
- $741.4k
- Investments
- $0.0
- Employees
- 55
- Location
- Houston, TX
- Founding
- 06/1959
- Data as of
- 12/2021
- EIN
- 74-6061090
Organization Overview
Houston Tennis Association Inc is located in Houston, TX. The organization was established in 1959. According to its NTEE Classification (N66) the organization is classified as: Racquet Sports, under the broad grouping of Recreation & Sports and related organizations. As of 12/2021, Houston Tennis Association Inc employed 55 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Houston 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 12/2021, Houston Tennis Association Inc generated $741.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $563.2k during the year ending 12/2021. 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
PROMOTE AND DEVELOP THE GROWTH OF TENNIS IN THE GREATER HOUSTON AREA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO ORGANIZE TENNIS TOURNAMENTS, CLINICS AND LEAGUES FOR OVER 6,000 TENNIS PLAYERS OF ALL AGES AND LEVELS FROM CHILDREN THROUGH ADULTS FOR THE GREATER HOUSTON, TEXAS COMMUNITY.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cheryl Hultquist Executive Director | OfficerTrustee | 40 | $57,458 |
Emily Schaefer Executive Director | OfficerTrustee | 45 | $20,192 |
Marianne Bianchi Director | Trustee | 1 | $1,562 |
Rafael Chapa Director | Trustee | 1 | $791 |
Srimonto Ghosh Vice President | OfficerTrustee | 2 | $0 |
Lara Lehmann Vice President | OfficerTrustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $79,500 |
| Government grants | $156,724 |
| All other contributions, gifts, grants, and similar amounts not included above | $89,123 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $325,347 |
| Total Program Service Revenue | $412,858 |
| Investment income | $167 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $3,048 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $741,420 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,636 |
| Grants and other assistance to domestic individuals. | $20,035 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $80,003 |
| Compensation of current officers, directors, key employees. | $77,650 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $243,178 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $22,864 |
| 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 | $25,513 |
| Advertising and promotion | $6,791 |
| Office expenses | $16,444 |
| Information technology | $5,153 |
| Royalties | $0 |
| Occupancy | $32,817 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $14,668 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,518 |
| All other expenses | $0 |
| Total functional expenses | $563,160 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $235,832 |
| Savings and temporary cash investments | $510,437 |
| 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 | $1,279 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $747,548 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $560,352 |
| Net assets with donor restrictions | $187,196 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $747,548 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Houston Tennis Association Inc has recieved totaling $83,530.
| Awarding Organization | Amount |
|---|---|
Usta Foundation Incorporated White Plains, NY | | $64,500 |
Usta Texas Section Austin, TX PURPOSE: CB GRANT, SS TOURNAMENT GRANT, NTLJ GRANT, RECOVERY GRANT | $16,000 |
Mary A & Thomas F Grasselli Endowment Foundation Wilmington, DE PURPOSE: SCHOLARSHIP FUND | $3,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $30 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Usta Texas Section Austin, TX | $7,818,554 | $8,049,451 |
Bush Tennis Center Midland, TX | $9,369,349 | $1,319,595 |
Philcrest Hills Tennis Club Inc Jenks, OK | $1,757,213 | $1,276,202 |
Louisiana Tennis Association Inc Baton Rouge, LA | $1,512,567 | $1,221,450 |
Arkansas Tennis Association Inc Little Rock, AR | $1,435,686 | $1,024,930 |
Dallas Tennis Association Addison, TX | $872,322 | $1,029,627 |
Tulsa Tennis Club Tulsa, OK | $1,931,685 | $717,279 |
Tennis Club Of Albuquerque Inc Albuquerque, NM | $540,300 | $617,425 |
First Serve Okc Foundation Oklahoma City, OK | $224,307 | $410,261 |
Houston Tennis Association Inc Houston, TX | $747,548 | $741,420 |
Capital Area Tennis Association Austin, TX | $783,823 | $615,883 |
San Antonio Tennis Association Inc San Antonio, TX | $528,051 | $504,537 |