Junior Tennis Foundation Inc
- Assets
- $681.3k
- Revenue
- $111.4k
- Investments
- $0.0
- Employees
- 0
- Location
- White Plains, NY
- Founding
- 06/1983
- Data as of
- 12/2021
- EIN
- 13-3155380
Organization Overview
Junior Tennis Foundation Inc is located in White Plains, NY. The organization was established in 1983. 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. 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 12/2021, Junior Tennis Foundation Inc generated $111.4k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.5%) each year. All expenses for the organization totaled $159.7k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Junior Tennis Foundation Inc has awarded 13 individual grants totaling $140,815. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE AND DEVELOP THE GROWTH OF TENNIS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTS USED TO PROMOTE AND DEVELOP THE GROWTH OF TENNIS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Mcintyre Executive Director & CEO | 10 | $75,000 | |
Dale Caldwell Secretary | OfficerTrustee | 0.5 | $0 |
Harry Keely Vice President | OfficerTrustee | 0.5 | $0 |
Robert Ingersole President | OfficerTrustee | 0.5 | $0 |
Richard Gordon Treasurer | OfficerTrustee | 0.5 | $0 |
Marina Nudo Member | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $38,055 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $14,678 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $52,733 |
| Total Program Service Revenue | $0 |
| Investment income | $10,830 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $21,560 |
| Net Income from Fundraising Events | $24,858 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $111,383 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $56,000 |
| Grants and other assistance to domestic individuals. | $500 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $75,000 |
| Compensation of current officers, directors, key employees. | $18,750 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $6,157 |
| Fees for services: Management | $3,554 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,800 |
| 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 | $149 |
| Information technology | $2,616 |
| Royalties | $0 |
| Occupancy | $4,800 |
| 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 | $3,413 |
| All other expenses | $0 |
| Total functional expenses | $159,726 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $111,003 |
| Savings and temporary cash investments | $26,682 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,818 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $524 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $541,296 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $681,323 |
| Accounts payable and accrued expenses | $4,083 |
| 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 | $4,083 |
| Net assets without donor restrictions | $498,377 |
| Net assets with donor restrictions | $178,863 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $681,323 |
Grants Awarded
Over the last fiscal year, Junior Tennis Foundation Inc has awarded $30,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
New York, NY | | $12,000 |
NY JUNIOR TENNIS | | | $10,000 |
KINGS COUNTY TENNIS | | | $8,000 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Junior Tennis Foundation Inc has recieved totaling $65,600.
| Awarding Organization | Amount |
|---|---|
Usta Eastern Inc White Plains, NY PURPOSE: SECTION GRANT FOR OPERATIONS ASSISTANCE. | $50,000 |
Netter Foundation Inc Croton On Hudson, NY PURPOSE: CHARITY | $15,000 |
William J Tully Foundation New Rochelle, NY PURPOSE: GENERAL FUNDS DONATION | $600 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
United States Squash Racquets Association Inc New York, NY | $39,381,714 | $9,670,106 |
Usta Eastern Inc White Plains, NY | $5,765,024 | $4,131,199 |
Legacy Youth Tennis And Education Philadelphia, PA | $10,141,229 | $3,452,164 |
Millbrook Golf And Tennis Club Inc Millbrook, NY | $5,327,958 | $3,562,808 |
Tenacity Inc Boston, MA | $5,621,842 | $5,321,929 |
United States Tennis Association- Middle States Section Valley Forge, PA | $4,600,788 | $3,210,777 |
Tennis Club Of Rochester Inc Pittsford, NY | $3,132,804 | $2,778,170 |
The Sportmens Tennis & Enrichment Center Inc Dorchester, MA | $6,337,014 | $5,005,388 |
City Squash Inc Bronx, NY | $6,666,385 | $3,002,008 |
Port Washington Tennis Academy Inc Port Washington, NY | $5,263,201 | $1,557,377 |
Princeton Tennis Program Princeton, NJ | $2,911,658 | $1,612,269 |
Tennis And Racquet Club Boston, MA | $1,909,646 | $1,126,682 |