Kraft Tennis Partners Inc
- Assets
- $243.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Fernandina Beach, FL
- Founding
- 03/2011
- Data as of
- 12/2021
- EIN
- 01-0911152
Organization Overview
Kraft Tennis Partners Inc is located in Fernandina Beach, FL. The organization was established in 2011. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, 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. Kraft Tennis Partners Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2021, Kraft Tennis Partners Inc generated $109.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.5% each year. All expenses for the organization totaled $153.9k during the year ending 12/2021. While expenses have increased by 12.7% 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
MAINTENANCE OF COURTS, GROUNDS AND CLUBHOUSE FOR TENNIS CLUB OF 120+ MEMBERS AND CHILDRENS' SUMMER TENNIS PROGRAM
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patti Clifford Treasurer | 10 | $0 | |
Jack Knocke President | 10 | $0 | |
Nicola Nichol Director | 10 | $0 | |
Tammy Sheeny Vice President | 10 | $0 | |
Paul Barnes Director | 10 | $0 | |
James Holland Director | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $133 |
| Total Program Service Revenue | $0 |
| Membership dues | $104,660 |
| Investment income | $300 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$4,475 |
| Other Revenue | $8,909 |
| Total Revenue | $109,527 |
| 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 | $23,466 |
| Occupancy, rent, utilities, and maintenance | $65,697 |
| Printing, publications, postage, and shipping | $404 |
| Other expenses | $64,355 |
| Total expenses | $153,922 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $173,251 |
| Other assets | $0 |
| Total assets | $243,510 |
| Total liabilities | $28,848 |
| Net assets or fund balances | $214,662 |
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