Utah Junior Tennis Foundation Inc
- Assets
- $112.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Salt Lake City, UT
- Founding
- 10/1988
- Data as of
- 12/2023
- EIN
- 87-0457864
Organization Overview
Utah Junior Tennis Foundation Inc is located in Salt Lake City, UT. The organization was established in 1988. 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. Utah Junior Tennis Foundation Inc 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, Utah Junior Tennis Foundation Inc generated $18.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (6.7%) each year. All expenses for the organization totaled $44.0k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
THE UTF CONTINUES TO STRIVE TO BRING TENNIS TO THOSE WHO MIGHT NOT OTHERWISE KNOW OR BE ABLE TO AFFORD OUR SPORT. THE UTF OFFERS GRANTS TO COMMUNITIES, FACILITIES, OR COMMUNITY ADVOCATES IN OUR STATE TO OFFER PROGRAMMING TO THOSE UNDERSERVED. JUNIOR PROGRAMMING RECEIVES SUPPORT FROM THE UTF TO LOWER THE COSTS FOR JUNIORS TO PARTICIPATE IN ADDITIONAL TRAINING. IN ADDITION, PLAYERS WHOSE FAMILIES ARE FINANCIALLY UNABLE TO AFFORD TENNIS LESSONS FOR THEIR CHILDREN ARE PART OF A UTF SCHOLARSHIP PROGRAM, WHEREAS THE UTF PAYS FOR TOURNAMENT ENTRIES AND INSTRUCTION FOR SPONSORED PLAYERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Holley Hasler Vice President | 0.25 | $0 | |
Laurie Lambert Executive Director | 5 | $0 | |
Brad Ferreira President | 0.25 | $0 | |
Jon Hafen Secretary | 0.25 | $0 | |
Marce Miles Treasurer | 0.25 | $0 | |
Jake Johnson VP - Adults | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,450 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $319 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $6,929 |
| Other Revenue | $0 |
| Total Revenue | $18,698 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $2,478 |
| Printing, publications, postage, and shipping | $50 |
| Other expenses | $41,483 |
| Total expenses | $44,011 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $57,526 |
| Other assets | $0 |
| Total assets | $112,218 |
| Total liabilities | $0 |
| Net assets or fund balances | $112,218 |