First Serve - Nm Inc
- Assets
- $3.4m
- Revenue
- $2.8m
- Investments
- $0.0
- Employees
- 0
- Location
- Santa Fe, NM
- Founding
- 04/2003
- Data as of
- 12/2021
- EIN
- 27-0044395
Organization Overview
First Serve - Nm Inc is located in Santa Fe, NM. The organization was established in 2003. 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. First Serve - NM 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, First Serve - NM Inc generated $2.8m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 40.9% each year . All expenses for the organization totaled $363.9k during the year ending 12/2021. While expenses have increased by 2.4% 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
PROVIDES AFTER SCHOOL ACTIVITIES THAT COMBINES TUTORING WITH TENNIS
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PROVIDES AFTER-SCHOOL ACTIVITIES THAT COMBINES TUTORING AND TENNISTHESE ACTIVITIES WERE SOMEWHAT EFFECTED BY COVID PANDEMIC.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eleanor P Brenner President | OfficerTrustee | 35 | $0 |
Scott Fuqua Board Member | OfficerTrustee | 2 | $0 |
Julia Hansen Treasurer | OfficerTrustee | 2 | $0 |
Angelique Cook Lowry Vice President | OfficerTrustee | 2 | $0 |
Mary Ann Edwards Secretary | Trustee | 2 | $0 |
Jennifer Trujillo Board Member | Trustee | 2 | $0 |
Financial Statements
| 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 | $2,802,122 |
| Noncash contributions included in lines 1a–1f | $154,959 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,802,122 |
| Total Program Service Revenue | $0 |
| Investment income | $3,165 |
| 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 | $2,805,287 |
| 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 | $35,905 |
| Fees for services: Accounting | $1,996 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $27,685 |
| Advertising and promotion | $0 |
| Office expenses | $2,208 |
| 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 | $189 |
| Insurance | $44,435 |
| All other expenses | $6,447 |
| Total functional expenses | $363,894 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,341 |
| Savings and temporary cash investments | $2,005,398 |
| 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 | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,421,242 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,427,981 |
| Accounts payable and accrued expenses | $11 |
| 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 | $11 |
| Net assets without donor restrictions | $3,427,970 |
| 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 | $3,427,981 |
Grants Recieved
Over the last fiscal year, we have identified 8 grants that First Serve - Nm Inc has recieved totaling $2,157,431.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $2,000,500 |
American Endowment Foundation Hudson, OH PURPOSE: GENERAL OPERATING SUPPORT | $56,600 |
Shelby Cullom Davis Charitable Fund Inc Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $50,000 |
Usta Foundation Incorporated White Plains, NY | | $40,000 |
Womens Sports Foundation New York, NY PURPOSE: Sports 4 Life Program | $7,000 |
Marshall L And Perrine D Mccune Charitable Foundation Santa Fe, NM PURPOSE: SUMMER TENNIS AND READING CAMP | $2,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Usta Texas Section Austin, TX | $7,818,554 | $8,049,451 |
Intermountain Tennis Association Denver, CO | $978,629 | $2,953,700 |
Colorado Tennis Association Denver, CO | $1,001,755 | $2,210,435 |
Bush Tennis Center Midland, TX | $9,369,349 | $1,319,595 |
United States Table Tennis Association Colorado Springs, CO | $717,492 | $1,875,586 |
Philcrest Hills Tennis Club Inc Jenks, OK | $1,757,213 | $1,276,202 |
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 |