Peterson School Of Tennis Inc
- Assets
- $7.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Powder Springs, GA
- Founding
- 05/2003
- Data as of
- 12/2019
- EIN
- 58-2230310
Organization Overview
Peterson School Of Tennis Inc is located in Powder Springs, GA. The organization was established in 2003. According to its NTEE Classification (O20) the organization is classified as: Youth Centers & Clubs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Peterson School Of Tennis 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 12/2019, Peterson School Of Tennis Inc generated $3.8k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (2.0%) each year. All expenses for the organization totaled $3.4k during the year ending 12/2019. As we would expect to see with falling revenues, expenses have declined by (20.5%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2019
Describe the Organization's Program Activity:
Part 3
WE HELD AFTERSCHOOL TENNIS TRAINING AND SUMMER CAMPS.WE SERVED OVER 80 CHILDREN DURING THE YEAR
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Monifa Peterson President | 1 | $0 | |
Jewel Peterson Secretary | 10 | $0 | |
Natalie Plowden Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $3,770 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $3,770 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,050 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $38 |
| Other expenses | $2,325 |
| Total expenses | $3,413 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $477 |
| Other assets | $0 |
| Total assets | $7,082 |
| Total liabilities | $0 |
| Net assets or fund balances | $7,082 |
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