Accelerating American Tennis is located in Richmond, TX. The organization was established in 2019. According to its NTEE Classification (N66) the organization is classified as: Racquet Sports, 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. Accelerating American Tennis 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 12/2020, Accelerating American Tennis generated $127.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (23.0%) each year. All expenses for the organization totaled $125.4k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (22.1%) per year over the past 2 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
2020
Describe the Organization's Program Activity:
Part 3
WE SERVED SEVERAL DOZEN TENNIS PLAYERS THROUGHCOACHING AND PROVIDING OPPORTUNITIES FOR PLAYINGTOURNAMENTS.
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $127,550 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $127,550 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $13,000 |
Professional fees and other payments to independent contractors | $1,250 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $111,136 |
Total expenses | $125,386 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $283 |
Other assets | $0 |
Total assets | $10,283 |
Total liabilities | $0 |
Net assets or fund balances | $10,283 |
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 |