Colorado Youth Tennis Foundation is located in Denver, CO. The organization was established in 1982. 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. Colorado Youth Tennis Foundation 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, Colorado Youth Tennis Foundation generated $122.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.5% each year. All expenses for the organization totaled $122.0k during the year ending 12/2021. While expenses have increased by 5.7% per year over the past 7 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
PROVIDED FINANCIAL SUPPORT FOR AMATEUR YOUTH THROUGHOUT COLORADO TO PARTICIPATE IN TENNIS CLINICS, CAMPS, DEVELOPMENT LEAGUES AND TOURNAMENTS; RECOGNITION OF OTHERS WHO PROMOTE AMATEUR TENNIS.# SERVED = APPROX. 5,000
Name (title) | Role | Hours | Compensation |
---|---|---|---|
George Tavarez Trustee | 1 | $0 | |
Marti Champion Trustee | 1 | $0 | |
Kerry Barker Secretary | 1 | $0 | |
Bill Conway Trustee | 1 | $0 | |
Eileen Pero Trustee | 1 | $0 | |
Brett Haberstick Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $122,157 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $774 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $122,931 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $60,062 |
Professional fees and other payments to independent contractors | $2,687 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $205 |
Other expenses | $59,047 |
Total expenses | $122,001 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $391,110 |
Other assets | $0 |
Total assets | $391,110 |
Total liabilities | $109,769 |
Net assets or fund balances | $281,341 |
Over the last fiscal year, we have identified 6 grants that Colorado Youth Tennis Foundation has recieved totaling $54,146.
Awarding Organization | Amount |
---|---|
Community First Foundation Arvada, CO PURPOSE: GENERAL PURPOSE | $21,621 |
Bardsley Foundation Denver, CO PURPOSE: GENERAL CONTRIBUTION | $15,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $10,000 |
Tappan Easton Foundation Greenwood Village, CO PURPOSE: TENNIS AND RACQUET SPORTS CLUBS/LEAGUES | $5,000 |
The Ajl Charitable Foundation Denver, CO PURPOSE: GENERAL OPERATING SUPPORT | $2,500 |
Janus Foundation Denver, CO PURPOSE: COLORADO GIVES DAY MATCH | $25 |
Organization Name | Assets | Revenue |
---|---|---|
Intermountain Tennis Association Denver, CO | $978,629 | $2,953,700 |
United States Tennis Association Missouri Valley Section Prairie Village, KS | $1,685,977 | $2,908,878 |
Colorado Tennis Association Denver, CO | $1,001,755 | $2,210,435 |
United States Table Tennis Association Colorado Springs, CO | $717,492 | $1,875,586 |
Philcrest Hills Tennis Club Inc Jenks, OK | $1,757,213 | $1,276,202 |
Saddlebrooke Pickleball Association Tucson, AZ | $216,834 | $469,910 |
Village Tennis Riding And Swim Club Inc Cherry Hills Village, CO | $5,176,377 | $2,213,617 |
United States Racquetball Association Colorado Springs, CO | $605,679 | $1,181,471 |
Coach Mikes Friends Of Public Tennis Salt Lake City, UT | $528,519 | $876,954 |
Celtic Storm Soccer Club Orem, UT | $443,605 | $788,120 |
Denver Tennis Club Denver, CO | $1,863,502 | $1,051,082 |
Friends Of Woods Tennis Inc Lincoln, NE | $449,658 | $879,931 |