Kimberly Park Tennis Association
- Assets
- $21.2k
- Revenue
- $91.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Winston Salem, NC
- Founding
- 07/2019
- Data as of
- 12/2022
- EIN
- 84-2018333
Organization Overview
Kimberly Park Tennis Association, operating under the name Kimberley Park Tennis Association, is located in Winston Salem, NC. 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. Kimberley Park Tennis Association 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 12/2022, Kimberley Park Tennis Association generated $91.8k 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 (6.3%) each year. All expenses for the organization totaled $89.3k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (4.4%) per year over the past 2 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE KIMBERLY PARK TENNIS ASSOCIATION PROVIDES FREE YEARLONG TENNIS INSTRUCTIONS TO YOUTH IN UNDER-SERVED COMMUNITIES AND PROVIDES ACADEMIC ENRICHMENT FOR THE PLAYERS USING TENNIS AS AN INCENTIVE TO GET THE CHILDREN TO STUDY MORE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
(NJTL) NATIONAL JUNIOR TENNIS & LEARNING PROGRAM: OUR NATIONAL JUNIOR TENNIS & LEARNING PROGRAM PROVIDE FREE TENNIS INSTRUCTIONS TO YOUTH PARTICIPANTS YEARLONG. IN EXCHANGE FOR GETTING THE FREE TENNIS INSTRUCTIONS, PARTICIPANTS MUST AGREE TO COMPLETE TWO HOURS PER WEEK OF ONLINE ACADEMIC ENRICHMENT. WE USE THE ONLINE ACADEMIC ENRICHMENT PLATFORM WWW.EDUCATION.COM FOR GRADES PRE-K TO 5TH GRADE AND WWW.IXL.COM FOR GRADES 6TH THROUGH 12TH.
WHEELCHAIR TENNIS PROGRAM: WE HAVE A FREE YEAR-LONG WHEELCHAIR TENNIS PROGRAM. THE PROGRAM IS FOR BOTH CHILDREN AND ADULTS. WE PROVIDE THE BALLS RACQUETS AND SPORTS WHEELCHAIRS FOR PLAYERS WITHOUT THEM. WE ALSO PROVIDE WINTER INDOOR TENNIS TRAINING AT A LOCAL INDOOR TENNIS CENTER AT NO COST TO THE PARTICIPANTS. WE ALSO PROVIDE A CERTIFIED PHYSICAL THERAPIST AT PRACTICES TO ASSIST IN TRANSFERRING SPECIAL NEEDS PLAYERS FROM THEIR PERSONAL WHEELCHAIR TO THE SPORTS CHAIR FOR TENNIS PLAY.
IN-SCHOOL TENNIS PROGRAM: THE KIMBERLEY PARK TENNIS ASSOCIATION PROVIDES FREE IN-SCHOOL TENNIS TRAINING TO ALL STUDENTS IN AN ELEMENTARY SCHOOL FULL-TIME FOR THE DURATION OF THE SCHOOL YEAR. THERE ARE 254 STUDENTS AT THE SCHOOL THAT RECEIVE TENNIS LESSONS WHEN THEY GO TO THEIR PHYSICAL EDUCATION CLASSES. COST OF PROGRAM: LABOR COST OF FULL-TIME PROFESSIONAL TENNIS COACH $38,628 IN IN-KIND DONATIONS OF PROFESSIONAL SERVICES, COST OF BALLS, RACQUETS AND TRAINING MATERIALS $2,500.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Darryl Benbow President | OfficerTrustee | 50 | $0 |
Tiffany Noel Secretary | Officer | 1 | $0 |
Denise Adams Historian | Officer | 0 | $0 |
Gail Mickens Historian | Officer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $1,825 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $89,981 |
| Noncash contributions included in lines 1a–1f | $69,120 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $91,806 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $91,806 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $961 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| 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 | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $9,685 |
| Advertising and promotion | $392 |
| Office expenses | $0 |
| Information technology | $1,389 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $700 |
| All other expenses | $0 |
| Total functional expenses | $89,298 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $14,060 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $7,170 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $21,230 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $4,027 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $4,027 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $17,203 |
| 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 | $21,230 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Kimberly Park Tennis Association has recieved totaling $12,584.
| Awarding Organization | Amount |
|---|---|
Usta Foundation Incorporated White Plains, NY | | $12,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $84 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Usta Mid-Atlantic Foundation Herndon, VA | $9,955,195 | $6,119,455 |
North Carolina Tennis Association Incorporated Greensboro, NC | $3,086,008 | $3,276,809 |
Professional Tennis Registry Inc Hilton Head Island, SC | $6,269,528 | $3,800,991 |
Georgia Tennis Association Inc Marietta, GA | $3,312,720 | $2,030,309 |
Chapel Hill Tennis Club Inc Carrboro, NC | $1,484,802 | $1,790,846 |
Tennessee Tennis Association Nashville, TN | $1,241,223 | $1,735,556 |
Atlanta Lawn Tennis Association Inc Roswell, GA | $5,942,134 | $1,735,741 |
Brentwood Swim And Tennis Club Inc Brentwood, TN | $1,599,906 | $1,730,461 |
Tennis Memphis Inc Memphis, TN | $350,559 | $1,302,648 |
Chesterbrook Swimming And Tennis Club McLean, VA | $6,546,549 | $1,290,665 |
Manker Patten Tennis Club Inc Chattanooga, TN | $2,476,761 | $957,597 |
Great Falls Swim And Tennis Club Inc Great Falls, VA | $1,432,573 | $847,197 |