Kimberly Park Tennis Association
- Assets
- $21.1k
- Revenue
- $106.6k
- Investments
- $0.0
- Employees
- 1
- Location
- Winston Salem, NC
- Founding
- 07/2019
- Data as of
- 12/2023
- 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 12/2023, Kimberley Park Tennis Association generated $106.6k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 0.6% each year. All expenses for the organization totaled $106.7k during the year ending 12/2023. While expenses have increased by 3.0% per year over the past 3 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
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. OUR PROGRAM ALSO REIMBURSE TOURNAMENT ENTRY FEES FOR OUR PROGRAM PARTICIPANTS.
ONLINE ACADEMIC ENRICHMENT. THE COST FOR OUR TWO ONLINE ACADEMIC ENRICHMENT PLATFORMS ON WWW.EDUCATION.COM AND WWW.IXL.COM IS $2083.64
JUNIOR TENNIS PROGRAM. COST OF PROFESSIONAL CERTIFIED TENNIS COACHES FOR THE ENTIRE YEAR
T-SHIRT FUNDRAISER, TENNIS MONTH PROGRAMS, AND FALL TENNIS EVENTS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Darryl Benbow President | Officer | 30 | $0 |
Tiffany Noel Secretary- Treasurer | Officer | 1 | $0 |
Wen Xiong Senior Vice President | Officer | 1 | $0 |
Nino Jikuri Vice President Parental Engagement | Officer | 4 | $0 |
Lawanda Lash Vice President Strategic Initiatives | Officer | 0 | $0 |
Sophia Murray Vice President Adult Programming | Officer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $3,801 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $102,771 |
| Noncash contributions included in lines 1a–1f | $70,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $106,572 |
| 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 | $106,572 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $4,787 |
| 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 | $2,000 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $12 |
| 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 | $0 |
| Advertising and promotion | $71 |
| Office expenses | $430 |
| Information technology | $656 |
| 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 | $6,293 |
| Total functional expenses | $106,703 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $14,026 |
| 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 | $7,073 |
| 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 | $21,099 |
| 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 | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $21,099 |
| 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 | $21,099 |