Tennis For Charity Inc
- Assets
- $18.5m
- Revenue
- $573.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Mason, OH
- Founding
- 07/1980
- Data as of
- 12/2021
- EIN
- 31-1001878
Organization Overview
Tennis For Charity Inc, operating under the name Youth Tennis Collaborative Fund, is located in Mason, OH. The organization was established in 1980. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Youth Tennis Collaborative Fund 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, Youth Tennis Collaborative Fund generated $573.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (8.4%) each year. All expenses for the organization totaled $311.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (16.2%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Youth Tennis Collaborative Fund has awarded 53 individual grants totaling $2,807,366. 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
FUNDING TENNIS PROGRAMS AND PARTNERS THAT ADVANCE AND CHANGE THE LIVES OF YOUNG PEOPLE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TENNIS FOR CHARITY RAISES FUNDS TO SUPPORT TENNIS FOR INNER CITY YOUTH, UC FOUNDATION'S BARRETT CANCER CENTER AND FOR THE CINCINNATI CHILDREN'S HOSPITAL. THE TENNIS FACILITY IS MADE AVAILABLE TO OHIO HIGH SCHOOLS FOR THE OHSAA BOYS AND GIRLS DISTRICT TOURNAMENTS FOR NO PROFIT. IT IS ALSO UTILIZED BY SEVERAL COLLEGES FOR TOURNAMENTS. A MIDWEST AMATEUR TENNIS TOURNAMENT IS ALSO HELD AT THE FACILITY. THE FACILITY ALSO INCLUDES A TENNIS MUSEUM WHICH IS AVAILABLE TO ALL TOURNAMENT VISITORS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ken Berry President | OfficerTrustee | 1 | $0 |
Ginger Kent Vice President | OfficerTrustee | 1 | $0 |
Bobbie Farley Secretary | OfficerTrustee | 1 | $0 |
Neal Schear Treasurer | OfficerTrustee | 1 | $0 |
Alvin Crawford MD Trustee | Trustee | 1 | $0 |
Al Koncius Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $155,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $130,300 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $285,300 |
| Total Program Service Revenue | $11,420 |
| Investment income | $76,916 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $12,900 |
| Net Rental Income | -$466 |
| Net Gain/Loss on Asset Sales | $187,037 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $573,107 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $207,482 |
| 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 | $2,500 |
| Fees for services: Accounting | $11,745 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $29,900 |
| Advertising and promotion | $9,000 |
| Office expenses | $20,400 |
| 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 | $3,007 |
| Insurance | $12,873 |
| All other expenses | $0 |
| Total functional expenses | $310,963 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,007,152 |
| 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 | $0 |
| Investments—publicly traded securities | $3,725,429 |
| Investments—other securities | $0 |
| Investments—program-related | $13,757,511 |
| Intangible assets | $0 |
| Other assets | $23,803 |
| Total assets | $18,513,895 |
| Accounts payable and accrued expenses | $0 |
| 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 | $5,695,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $5,695,000 |
| Net assets without donor restrictions | $12,334,186 |
| Net assets with donor restrictions | $484,709 |
| 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 | $18,513,895 |
Grants Awarded
Over the last fiscal year, Tennis For Charity Inc has awarded $199,050 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
Cincinnati, OH PURPOSE: DONATION TO CANCER PLUS 5 CENTER | $100,000 |
Cincinnati, OH PURPOSE: DONATION TO GENERAL OPERATIONS | $50,000 |
CINCINNATI RECREATION CENTER PURPOSE: DONATION TO GENERAL OPERATIONS | $27,100 |
INNER CITY TENNIS PROJECT PURPOSE: DONATION TO GENERAL OPERATIONS | $7,500 |
Cincinnati, OH PURPOSE: DONATION TO GENERAL OPERATIONS | $7,500 |
Cincinnati, OH PURPOSE: DONATION TO GENERAL OPERATIONS | $6,950 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Tennis For Charity Inc has recieved totaling $100,000.
| Awarding Organization | Amount |
|---|---|
Columbus Foundation Columbus, OH PURPOSE: SOCIAL SERVICES | $100,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Somc Medical Care Foundation Inc Portsmouth, OH | $14,653,193 | $44,708,757 |
Deaconess Health System Inc Evansville, IN | $144,110,992 | $33,405,417 |
Via Affiliates Doylestown, PA | $20,467,499 | $60,672,147 |
Dorothy Rider Pool Health Care Tr Uw L P Pool No 8 76431 Pittsburgh, PA | $33,435 | $17,533,563 |
Norton Properties Inc Louisville, KY | $374,509,086 | $60,233,665 |
West Virginia University Hospitals East Inc Martinsburg, WV | $676,755 | $63,515,006 |
Ufcw Local 1776 & Participating Employers Health & Welfare Fund Plymouth Meeting, PA | $60,321,476 | $63,078,058 |
Associates Health Trust Solon, OH | $8,159,190 | $46,591,493 |
Childrens Hospital Pittsburgh Foundation Pittsburgh, PA | $343,464,938 | $65,119,589 |
International Brotherhood Of Elec Workers 683 Health & Welfare Fund Lansing, MI | $27,261,838 | $34,571,326 |
Steamfitters Local 449 Medical & Benefit Fund Harmony, PA | $89,351,885 | $44,512,937 |
The Erm Group Health & Welfare Trust Malvern, PA | $0 | $29,217,705 |