Coach Mikes Friends Of Public Tennis is located in Salt Lake City, UT. The organization was established in 2000. 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. Coach Mikes Friends Of Public Tennis 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 06/2022, Coach Mikes Friends Of Public Tennis generated $877.0k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 44.8% each year . All expenses for the organization totaled $1.1m during the year ending 06/2022. 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
PROVIDE COVERED ACCESS FOR PUBLIC TENNIS YEAR-ROUND IN THE SALT LAKE CITY AREA, REPLACE AND IMPROVE COURTS FOR YEAR-ROUND PUBLIC TENNIS USE, AND PROMOTE TENNIS WITH SCHOLARSHIPS FOR UNDERPRIVILEDGED YOUTH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BESIDES ACCUMULATING FUNDS FOR A LATE 2021 AND 2022 PROGRAM EXPENSE, THE ORGANIZATION CONTINUED ITS UNDERPRIVILEDGE AND EXCELLING YOUTH TENNIS SCHOLARSHIP AND SUPPORT PROGRAM.
CONTRUCTION OF A PERMANENT BUBBLE ON PUBLIC TENNIS COURTS FOR YEAR-ROUND SAFE AND PROTECTED TENNIS OPPORTUNITIES. THIS IS IN CONJUNCTION WITH A CLUBHOUSE BEING DEVELOPED THROUGH THE CITY AND ZOO, ARTS, AND PARKS FUNDING APPROVED YEARS AGO TO PROMOTE TENNIS IN THE WHOLE COMMUNITY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Bruce J Wood President/director | OfficerTrustee | 6 | $0 |
Bryan P Stephens Treasurer/director | OfficerTrustee | 0.5 | $0 |
Michele Mattsson Secretary/director | OfficerTrustee | 3 | $0 |
Bill Paulos Director | Trustee | 0.5 | $0 |
Susan Daynes Director | Trustee | 0.5 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $874,883 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $874,883 |
Total Program Service Revenue | $0 |
Investment income | $2,071 |
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 | $876,954 |
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. | $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 | $4,600 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
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 | $0 |
All other expenses | $0 |
Total functional expenses | $1,095,711 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $10,548 |
Savings and temporary cash investments | $501,680 |
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 | $16,291 |
Inventories for sale or use | $0 |
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 | $528,519 |
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 | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $528,519 |
Total liabilities and net assets/fund balances | $528,519 |
Over the last fiscal year, we have identified 3 grants that Coach Mikes Friends Of Public Tennis has recieved totaling $107,100.
Awarding Organization | Amount |
---|---|
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $102,100 |
Spencer F And Cleone P Eccles Family Foundation Salt Lake City, UT PURPOSE: CAPTIAL FUNDING | $2,500 |
Spencer F And Cleone P Eccles Family Foundation Salt Lake City, UT PURPOSE: CAPITAL FUNDING | $2,500 |
Organization Name | Assets | Revenue |
---|---|---|
Intermountain Tennis Association Denver, CO | $978,629 | $2,953,700 |
Colorado Tennis Association Denver, CO | $1,001,755 | $2,210,435 |
Marty Hennessy Inspiring Children Foundation Boulder City, NV | $2,001,454 | $2,553,075 |
United States Table Tennis Association Colorado Springs, CO | $717,492 | $1,875,586 |
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 |
Arapahoe Tennis Club Littleton, CO | $3,452,432 | $733,348 |
Utah Tennis Association Salt Lake City, UT | $822,698 | $900,132 |