United States Tennis Association Florida Section Inc
- Assets
- $13.9m
- Revenue
- $5.2m
- Investments
- $0.0
- Employees
- 85
- Location
- Orlando, FL
- Founding
- 08/1972
- Data as of
- 12/2021
- EIN
- 23-7161642
Organization Overview
United States Tennis Association Florida Section Inc, operating under the name Usta Florida, is located in Orlando, FL. The organization was established in 1972. According to its NTEE Classification (N66) the organization is classified as: Racquet Sports, under the broad grouping of Recreation & Sports and related organizations. As of 12/2021, Usta Florida employed 85 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Usta Florida is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2021, Usta Florida generated $5.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $4.9m during the year ending 12/2021. While expenses have increased by 2.0% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO PROMOTE AND DEVELOP TENNIS FOR ALL. WE ACCOMPLISH OUR MISSION BY COORDINATING, PROMOTING AND RUNNING TENNIS PROGRAMS IN COMMUNITIES ALL ACROSS THE STATE OF FLORIDA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMUNITY DEVELOPMENT - WE PROVIDE FUNDING FOR RECREATIONAL PROGRAMS THAT INVOLVE LOCAL YOUTH LEAGUES AND SCHOOL PROGRAMS THROUGHOUT FLORIDA. THIS INVOLVES TRAINING COACHES AND TEACHERS TO RUN THE PROGRAMS. COMMUNITY DEVELOPMENT EFFORTS INCLUDE GRANTS TO SUPPORT ALL TYPES OF TENNIS ACTIVITIES, ATTRACTING A DIVERSE POPULATION TO TENNIS, AND PUBLIC TENNIS GRANTS FOR PROGRAMS AND FACILITIES.
ADULT TENNIS - WE PROVIDE SUPPORT TO APPROXIMATELY 18,000 FLORIDA LEAGUE PLAYERS BY RUNNING LOCAL USTA LEAGUES THAT ALLOW ADVANCEMENT TO STATEWIDE CHAMPIONSHIPS. TRAINING AND GRANTS ARE GIVEN THROUGHOUT FLORIDA TO SUPPORT THESE EFFORTS.
RESOURCES/MARKETING - WE PROVIDE MARKETING AND PUBLIC RELATIONS SUPPORT TO HELP ACCOMPLISH OUR MISSION "TO PROMOTE AND DEVELOP TENNIS FOR ALL". THIS SUPPORT INCLUDES ARTICLES IN A NATIONAL MAGAZINE, WEBSITE, AND SOCIAL MEDIA.
YOUTH TENNIS - WE PROVIDE TRAINING AND SUPPORT TO OVER 800 ADULT AND JUNIOR USTA SANCTIONED TOURNAMENTS HELD THROUGHOUT FLORIDA. FINANCIAL SUPPORT IS PROVIDED FOR JUNIOR TEAMS THAT COMPETE IN NATIONAL EVENTS AND SCHOLARSHIP MONEY IS ALSO PROVIDED. OTHER PROGRAMS INCLUDE VOLUNTEER, TENNIS MANAGEMENT, AND USTA FLORIDA SECTION FOUNDATION INC SUPPORT SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Laura Bowen Executive Director | 40 | $152,333 | |
Lynn Frank Swope Highest Compensated Employee | 40 | $113,292 | |
Dana Andrews President | Officer | 4 | $0 |
Phil Girardi President-Elect | Officer | 4 | $0 |
Marcelo Gouts Treasurer | Officer | 4 | $0 |
Adam Ross Secretary | Officer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $600,048 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,261,370 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,861,418 |
| Total Program Service Revenue | $2,224,053 |
| Investment income | $149,275 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$38,264 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,218,982 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $250,000 |
| 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 | $3,231,614 |
| 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 | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $64,117 |
| Fees for services: Other | $103,897 |
| Advertising and promotion | $52,538 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $285,039 |
| Travel | $21,112 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $10,791 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $126,609 |
| Insurance | $0 |
| All other expenses | $114,738 |
| Total functional expenses | $4,877,457 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $908,267 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $275,356 |
| 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 | $329,894 |
| Net Land, buildings, and equipment | $3,179,236 |
| Investments—publicly traded securities | $9,202,503 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $13,895,256 |
| Accounts payable and accrued expenses | $456,775 |
| Grants payable | $0 |
| Deferred revenue | $393,835 |
| 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 | $40,977 |
| Total liabilities | $891,587 |
| Net assets without donor restrictions | $13,003,669 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $13,895,256 |
Grants Awarded
Over the last fiscal year, United States Tennis Association Florida Section Inc has awarded $237,045 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
Orlando, FL PURPOSE: Tennis Development & Programs | $49,015 |
Orlando, FL PURPOSE: Tennis Development & Programs | $49,015 |
Orlando, FL PURPOSE: Tennis Development & Programs | $49,015 |
North Palm Beach, FL PURPOSE: Tennis Development & Programs | $30,000 |
North Palm Beach, FL PURPOSE: Tennis Development & Programs | $30,000 |
North Palm Beach, FL PURPOSE: Tennis Development & Programs | $30,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that United States Tennis Association Florida Section Inc has recieved totaling $2,878,720.
| Awarding Organization | Amount |
|---|---|
United States Tennis Association Inc White Plains, NY PURPOSE: SECTION GRANT | $2,878,720 |
Endowment Analysis
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Southern Tennis Association Inc Peachtree Corners, GA | $27,075,181 | $12,482,397 |
United States Tennis Association Florida Section Inc Orlando, FL | $13,895,256 | $5,218,982 |
Royal Palm Tennis Club Inc Pinecrest, FL | $3,076,353 | $2,178,912 |
Malivai Washington Kids Foundation Inc Jacksonville, FL | $12,289,150 | $2,851,121 |
Georgia Tennis Association Inc Marietta, GA | $3,312,720 | $2,030,309 |
Atlanta Lawn Tennis Association Inc Roswell, GA | $5,942,134 | $1,735,741 |
Alabama Tennis Association Inc Hoover, AL | $3,196,851 | $1,295,553 |
Atlanta Community Tennis Association Inc Peachtree Corners, GA | $984,721 | $954,060 |
Friends Of Miami Tennis Inc Pinecrest, FL | $94,000 | $754,554 |
Columbus Regional Tennis Assoc Inc Columbus, GA | $3,128,529 | $637,732 |
Tennis Foundation Of St Petersburg Inc St Petersburg, FL | $643,769 | $607,884 |
Gainesville Area Community Tennis Association Inc Gainesville, FL | $191,464 | $462,532 |