Denver Tennis Park Inc
- Assets
- $14.7m
- Revenue
- $2.3m
- Investments
- $0.0
- Employees
- 58
- Location
- Denver, CO
- Founding
- 05/2017
- Data as of
- 06/2023
- EIN
- 82-0620668
Organization Overview
Denver Tennis Park Inc is located in Denver, CO. The organization was established in 2017. According to its NTEE Classification (N32) the organization is classified as: Parks & Playgrounds, under the broad grouping of Recreation & Sports and related organizations. As of 06/2023, Denver Tennis Park Inc employed 58 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Denver Tennis Park 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 06/2023, Denver Tennis Park Inc generated $2.3m 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 (21.3%) each year. All expenses for the organization totaled $2.5m during the year ending 06/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO SERVE ALL KIDS AND THE WHOLE KID. WE BELIEVE IN THE POWER OF PHYSICAL AND MENTAL FITNESS TO CHANGE LIVES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ADULT AND YOUTH TENNIS PROGRAMS - THE DENVER TENNIS PARK OFFERS A WIDE RANGE OF PROGRAMS TO ADULTS AND YOUTH TO IMPROVE TENNIS SKILLS AND ADVANCE PHYSICAL AND MENTAL HEALTH. PROGRAMS INCLUDE PRIVATE LESSONS, YOUTH GROUP DEVELOPMENT, ADULT DRILLS, TOURNAMENTS, LEAGUES, AND SPECIFIC PROGRAMMING FOR YOUTH FACING FINANCIAL BARRIERS TO TENNIS AND ITS CONTRIBUTIONS TO DEVELOPMENT.
ALL OTHER PROGRAMS
COMMUNITY FACILITY USE - THE DENVER TENNIS PARK FACILITY WHICH IS MADE UP OF 7 INDOOR AND 6 OUTDOOR COURTS IS ALSO AVAILABLE FOR PUBLIC USE. INDIVIDUAL AND TEAMS MADE UP OF ADULTS AND YOUTH CAN RENT ACCESS TO COURTS FOR RECREATIONAL AND DEVELOPMENTAL REASONS. PARTICIPANTS RANGE FROM 5 TO 85 YEARS OLD AND ENGAGE IN THE SPORT TO ADVANCE SOCIAL WELL-BEING, PHYSICAL ABILITY, AND MENTAL WELL-BEING.
COMMUNITY SUPPORT - THE DENVER TENNIS PARK PARTNERS WITH MIDDLE AND ELEMENTARY SCHOOLS TO BRING TENNIS AND INSTRUCTION TO STUDENTS THROUGH BEFORE/AFTER SCHOOL PROGRAMS AS WELL AS SUPPLEMENTAL OFFERINGS DURING PHYSICAL EDUCATION. THE DENVER TENNIS PARK WORKS EXCLUSIVELY WITH SCHOOLS IN LOWER SOCIOECONOMIC COMMUNITIES AND/OR IN NEIGHBORHOODS LARGELY MADE UP OF PEOPLE OF COLOR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gabriel Guillaume President | Officer | 40 | $151,488 |
Keith Bell Director | Trustee | 0.5 | $0 |
Rocio Portela Berrios Director | Trustee | 1 | $0 |
Mark Bugge Treasurer | OfficerTrustee | 1 | $0 |
Brandon Lloyd Director | Trustee | 2 | $0 |
Sharon Schneider Board Chair | OfficerTrustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Pcl Construction Construction | 6/29/18 | $8,350,155 |
Hord Coplan Macht Inc Architect | 6/29/18 | $140,660 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $336,549 |
| All other contributions, gifts, grants, and similar amounts not included above | $196,718 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $533,267 |
| Total Program Service Revenue | $1,682,659 |
| Investment income | $28,632 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $7,531 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,252,089 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $100,479 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $151,488 |
| Compensation of current officers, directors, key employees. | $75,744 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,075,710 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $47,994 |
| Payroll taxes | $103,456 |
| 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 | $21,844 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $44,863 |
| Royalties | $0 |
| Occupancy | $169,724 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $71,108 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $303,071 |
| Insurance | $107,287 |
| All other expenses | $14,822 |
| Total functional expenses | $2,514,421 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,096,071 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $78,000 |
| Accounts receivable, net | $37,706 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $3,159 |
| Prepaid expenses and deferred charges | $38,515 |
| Net Land, buildings, and equipment | $10,241,665 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,249,943 |
| Total assets | $14,745,059 |
| Accounts payable and accrued expenses | $95,614 |
| Grants payable | $0 |
| Deferred revenue | $129,998 |
| 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 | $1,873,526 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,099,138 |
| Net assets without donor restrictions | $11,228,978 |
| Net assets with donor restrictions | $1,416,943 |
| 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 | $14,745,059 |