Patrick W Ryan Memorial Tennis Foundation Inc
- Assets
- $13.2k
- Revenue
- $52.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Janesville, WI
- Founding
- 10/2018
- Data as of
- 12/2021
- EIN
- 82-5160319
Organization Overview
Patrick W Ryan Memorial Tennis Foundation Inc is located in Janesville, WI. The organization was established in 2018. According to its NTEE Classification (N12) the organization is classified as: Fund Raising & Fund Distribution, 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. Patrick W Ryan Memorial Tennis Foundation 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, Patrick W Ryan Memorial Tennis Foundation Inc generated $52.5k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (2.2%) each year. All expenses for the organization totaled $52.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.7%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tom Russo Vice President | 5 | $0 | |
Willis Pember Treasurer | 10 | $0 | |
David Ryan President | 5 | $0 | |
Adam Ryan Secretary | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $49,509 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $3,032 |
| Total Revenue | $52,541 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3,500 |
| Total operating and administrative expenses | $5,230 |
| Contributions, gifts, grants paid | $47,572 |
| Total expenses and disbursements | $52,802 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $13,227 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $13,227 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Patrick W Ryan Memorial Tennis Foundation Inc has awarded $47,572 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
CITY OF JANESVILLE PURPOSE: PAVILLION CONSTRUCTION | $47,172 |
UW WHITEWATER TENNIS PURPOSE: GENERAL | $200 |
JANESVILLE TENNIS ASSOCIATION PURPOSE: GENERAL | $200 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Hunt And Diane Harris Family Foundation Moline, IL | $0 | $164,820 |
Camp Nageela Midwest Inc Skokie, IL | $3,818,884 | $3,295,001 |
National Recreation Foundation Inc Lake Forest, IL | $54,011,615 | $7,763,187 |
Iowa Sports Foundation Ames, IA | $1,349,375 | $1,610,513 |
Friends Of Grand Rapids Parks Grand Rapids, MI | $252,264 | $780,095 |
Friends Of Big Marsh Chicago, IL | $158,301 | $422,082 |
Ann Arbor Skyline Athletic Booster Club Ann Arbor, MI | $542,381 | $627,031 |
Game Of Your Life Foundation Coldwater, MI | $227,576 | $487,053 |
Warren County Y M C A Foundation Inc Monmouth, IL | $7,688,047 | $218,593 |
Campout For Kids Chicago, IL | $328,388 | $396,250 |
Minnesota Wild Foundation St Paul, MN | $288,254 | $249,908 |
Sports Factory Foundation Chicago, IL | $37,462 | $0 |