Arizona Tennis Charities
- Assets
- $164.0k
- Revenue
- $845.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Phoenix, AZ
- Founding
- 08/2019
- Data as of
- 06/2022
- EIN
- 84-2133333
Organization Overview
Arizona Tennis Charities is located in Phoenix, AZ. The organization was established in 2019. According to its NTEE Classification (N12) the organization is classified as: Fund Raising & Fund Distribution, 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. Arizona Tennis Charities 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 06/2022, Arizona Tennis Charities generated $845.4k in total revenue. All expenses for the organization totaled $713.7k during the year ending 06/2022. While expenses have increased by 80.7% per year over the past 3 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO BENEFIT NON-PROFIT ORGANIZATIONS IN ARIZONA, PARTICULARLY THOSE THAT PROVIDE SERVICES TO DISADVANTAGED GROUPS IN OUR COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THIS YEAR, ARIZONA TENNIS CHARITIES WAS ABLE TO FINALLY HOLD ITS PRINCIPAL FUNDRAISING EVENT WHICH WAS CANCELLED IN 2020 AND 2021 DUE TO COVID RESTRICTIONS. THE EVENT WAS A RESOUNDING SUCCESS, RAISING ENOUGH MONEY TO FACILITATE GRANTS OF 120,000 TO CHARITABLE ORGANIZATIONS THAT FALL WITHIN OUR MISSION OF HELPING DISADVANTAGED FAMILIES IN OUR COMMUNITY. THE SUCCESS OF OUR FUNDRAISING EVENT ESTABLISHED STRONG RELATIONSHIPS WITH THE EVENT SPONSORS AND WE ARE LOOKING FORWARD TO FUTURE YEARS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jonathan Levine President | OfficerTrustee | 8 | $0 |
William Levine Vice-President Tresurer | OfficerTrustee | 1 | $0 |
Tom Leclair Director | Trustee | 1 | $0 |
Francis Madia Director | Trustee | 1 | $0 |
James Harrison Director | Trustee | 1 | $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 | $700,580 |
| Noncash contributions included in lines 1a–1f | $10,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $700,580 |
| Total Program Service Revenue | $144,894 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$31 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $845,443 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $120,000 |
| 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 | $0 |
| 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 | $500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $81,870 |
| Advertising and promotion | $5,257 |
| Office expenses | $5,659 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $120,553 |
| 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 | $2,891 |
| All other expenses | $0 |
| Total functional expenses | $713,656 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $163,967 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $163,967 |
| Accounts payable and accrued expenses | $29,849 |
| 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 | $29,849 |
| Net assets without donor restrictions | $134,118 |
| 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 | $163,967 |
Grants Awarded
Over the last fiscal year, Arizona Tennis Charities has awarded $120,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Phoenix, AZ PURPOSE: Support for Childrens Hospital | $115,000 |
SERVE THE FUTURE PURPOSE: Tennis Program for Underprivileged Kids | $5,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Arizona Tennis Charities has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Arizona Community Foundation Phoenix, AZ PURPOSE: PROGRAM SUPPORT | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
United States Olympic Endowment Colorado Springs, CO | $492,382,153 | $27,799,302 |
The Los Angeles Dodgers Foundation Los Angeles, CA | $3,410,551 | $8,089,122 |
Golden State Warriors Community Foundation San Francisco, CA | $12,318,802 | $3,080,465 |
Regional Parks Foundation Oakland, CA | $19,291,052 | $7,078,188 |
Team Evergreen Cycling Evergreen, CO | $430,306 | $1,836,318 |
Harmes C Fishback Foundation Trust Englewood, CO | $13,285,039 | $68,460 |
Angels Baseball Foundation Inc Anaheim, CA | $12,036,127 | $3,125,940 |
Arizona Tennis Charities Phoenix, AZ | $163,967 | $845,443 |
Hollyrod Foundation Woodland Hills, CA | $454,892 | $514,993 |
World Cup Dreams Foundation Park City, UT | $853,676 | $1,291,836 |
Chaparral Firebirds Baseball Club Phoenix, AZ | $33,145 | $562,494 |
Utah Mountain Sports Academy Provo, UT | $136,054 | $521,102 |