New England Senior Tennis Foundation Inc
- Assets
- $503.0
- Revenue
- $8.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Marblehead, MA
- Founding
- 06/1996
- Data as of
- 12/2021
- EIN
- 04-3295341
Organization Overview
New England Senior Tennis Foundation Inc is located in Marblehead, MA. The organization was established in 1996. According to its NTEE Classification (N40) the organization is classified as: Sports Associations & Training Facilities, 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. New England Senior 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 12/2021, New England Senior Tennis Foundation Inc generated $8.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (10.6%) each year. All expenses for the organization totaled $9.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (11.3%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Wade S Frame President | 2 | $0 | |
Peter Allen Director | 2 | $0 | |
George Ulrich Director | 2 | $0 | |
Amy E Read Director | 2 | $0 | |
Sheila J Weinstock Director | 2 | $0 | |
Judy Van Raalte Clerk | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $8,600 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $8,600 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $437 |
| Total operating and administrative expenses | $3,888 |
| Contributions, gifts, grants paid | $5,075 |
| Total expenses and disbursements | $8,963 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $503 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $503 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, New England Senior Tennis Foundation Inc has awarded $5,075 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
Concord, MA PURPOSE: TOURNAMENT | $1,600 |
Newport, RI PURPOSE: TOURNAMENT | $1,000 |
GUILFORD RACQUET SWIM CLUB PURPOSE: TOURNAMENT | $1,000 |
MARJORIE HAHN PURPOSE: AWARD | $675 |
MIKE MYERS PURPOSE: AWARD | $600 |
HARTFORD TENNIS CLUB PURPOSE: AWARD | $200 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
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Oakcliff Sailing Incorporated Oyster Bay, NY | $7,177,824 | $2,437,513 |
Winding Trails Inc Farmington, CT | $7,374,306 | $2,801,335 |
Okemo Tutorial Program Inc Ludlow, VT | $1,559,218 | $2,008,018 |
Rhode Island Interscholastic League Inc Warwick, RI | $4,382,544 | $1,194,962 |
United Workers Inc New Haven, CT | $1,308,064 | $1,358,213 |
New York State Public High School Athletic Association Section Iii East Syracuse, NY | $1,180,840 | $1,444,967 |
Intercollegiate Womens Lacrosse Coaches Association Inc Northborough, MA | $760,191 | $1,196,915 |
Wellesley United Soccer Club Inc Wellesley Hills, MA | $1,494,733 | $1,155,570 |
Eastern College Athletic Conference Inc Danbury, CT | $456,901 | $1,031,018 |
Wendy Hilliard Foundation New York, NY | $492,765 | $841,712 |
Newton Girls Soccer Inc Newton Upper Falls, MA | $763,753 | $809,033 |