Colorado Tennis Association
- Assets
- $1.6m
- Revenue
- $2.2m
- Investments
- $0.0
- Employees
- 13
- Location
- Denver, CO
- Founding
- 09/1983
- Data as of
- 12/2023
- EIN
- 84-0711001
Organization Overview
Colorado Tennis Association is located in Denver, CO. The organization was established in 1983. 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 12/2023, Colorado Tennis Association employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Colorado Tennis Association is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2023, Colorado Tennis Association generated $2.2m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.6% each year. All expenses for the organization totaled $2.2m during the year ending 12/2023. While expenses have increased by 1.6% per year over the past 8 years. They've been increasing with an increasing level of total revenue. 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
PROMOTE AND DEVELOP TENNIS IN COLORADO. DIVERSITY AND INCLUSION IS A STRATEGIC PRIORITY FOR CTA AND ONE OF OUR CORE VALUES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CTA PROMOTES AMATEUR TENNIS GROWTH AND DEVELOPMENT WITHIN COLORADO AND PROVIDES USTA SANCTIONED CLINICS, CAMPS, AND INSTRUCTION PROGRAMS, LEAGUES, AND TOURNAMENTS TO BOTHJUNIORS AND ADULTS.UNDUPLICATED NUMBER SERVED: ABOUT 30000NUMBER OF MEMBERS AT 12/31/2023: 20,689
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Fritz Garger Executive Director | Officer | 40 | $183,745 |
Lisa Schaefer Associate Director | 40 | $122,244 | |
Jason Rogers Leagues Director | 40 | $121,362 | |
Kurt Desautels Communications Director | 40 | $107,000 | |
Jason Colter Tournament Operations Directo | 40 | $104,150 | |
Laura Ecton Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $270,345 |
| Fundraising events | $0 |
| Related organizations | $531,696 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $41,528 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $843,569 |
| Total Program Service Revenue | $1,332,657 |
| Investment income | $27,424 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,219,650 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $638,500 |
| Compensation of current officers, directors, key employees. | $63,850 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $789,264 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $11,418 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $235,616 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $10,035 |
| Royalties | $0 |
| Occupancy | $93,792 |
| Travel | $33,191 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,245 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $12,515 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $2,189,141 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $157,116 |
| Savings and temporary cash investments | $1,005,881 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $17,888 |
| 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 | $10,840 |
| Net Land, buildings, and equipment | $389,015 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $5,276 |
| Total assets | $1,586,016 |
| Accounts payable and accrued expenses | $32,972 |
| Grants payable | $0 |
| Deferred revenue | $60,000 |
| 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 | $494,290 |
| Total liabilities | $587,262 |
| Net assets without donor restrictions | $998,754 |
| Net assets with donor restrictions | $0 |
| 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 | $1,586,016 |