Overview
What is Port Washington Tennis Academy?
Port Washington Tennis Academy is a nonprofit organization situated in Port Washington, New York. Their primary focus is on offering tennis programs that combine athletic development and scholarship opportunities for students. They provide various instructional programs, competitions, and tournaments sanctioned by the USTA. Additionally, they offer college selection and mentoring programs for high school students, along with adult programs featuring lessons and tournaments for all ages, including seniors. Light complimentary refreshments are available to all participants. The organization also publishes a college and junior tennis magazine and provides scholarships to deserving juniors based on financial need and ability. Serving approximately 500 individuals annually, their mission is to prepare students and members for college and professional life in tennis or other endeavors through lessons, programs, scholarships, mentorship, and education.
Official website here: www.pwta.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 69% (Two-Star out of Four Stars)
The Port Washington Tennis Academy has received a Two-Star rating from Charity Navigator, reflecting a score of 69%. This rating indicates some concerns regarding the organization’s governance and transparency, particularly due to the absence of independent board members and missing policies such as conflict of interest and whistleblower protections. However, the organization has demonstrated a solid financial structure with a program expense ratio of 84.47%, indicating that a significant portion of funds is directed towards its programs.
Strengths of the organization include a strong audit and oversight committee, with full points awarded in that area, and no material diversion of assets reported. Additionally, the organization maintains a reasonable liabilities to assets ratio, which suggests a sound financial management approach. The presence of documented board meeting minutes also strengthens its operational integrity.
However, the lack of independent board members raises questions about governance practices, and the absence of key policies may leave the organization vulnerable to conflicts of interest and governance issues. The missing tax form on the nonprofit's website is another area of concern, as it limits transparency to donors and stakeholders. Overall, while the Port Washington Tennis Academy shows strengths in program spending and financial management, significant governance issues need addressing to improve its accountability and transparency.
This AI summary has been generated from information found on Charity Navigator.
Is Port Washington Tennis Academy legitimate?
Port Washington Tennis Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Port Washington Tennis Academy submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $44,203
Professional Fundraising Fees: $0
Other Salaries and Wages: $293,698
For more financial information, click here
Official website here: www.pwta.com
What is the mission statement of Port Washington Tennis Academy?
The Port Washington Tennis Academy's mission is centered around providing tennis lessons, programs, scholarships, mentorship, and education to prepare students for their college and professional lives, not just in tennis, but in various endeavors. Approximately 500 individuals benefit from these offerings each year. The academy offers a diverse range of instructional programs, competitions, and tournaments sanctioned by the USTA. It also provides college selection and mentoring programs for high school students, along with adult programs that offer lessons and tournaments for all ages, including seniors. Light complimentary refreshments are available to all. The organization additionally publishes a college and junior tennis magazine and offers scholarships to juniors based on financial need and ability.
Official website here: www.pwta.com
Who is the CEO of Port Washington Tennis Academy?
Martin Zausner is the President of Port Washington Tennis Academy.
Official website here: www.pwta.com
What is the revenue of Port Washington Tennis Academy?
Port Washington Tennis Academy's revenue in 2022 was $1,691,782.
Official website here: www.pwta.com
Who are the executives of Port Washington Tennis Academy and what are their salaries?
The average compensation at Port Washington Tennis Academy during 2022 was $21,119. There are 16 employees and 3 volunteers at Port Washington Tennis Academy.
Here are 3 key members and their salaries:
- Compensation: $44,203
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.pwta.com
Where can I find the form 990 for Port Washington Tennis Academy?
Port Washington Tennis Academy's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.pwta.com
Learn more at the official website: www.pwta.com
Mission Statement of Port Washington Tennis Academy
The Port Washington Tennis Academy is committed to providing tennis lessons, programs, scholarships, mentorship, and education to its students and members, preparing them for college and professional life, not just in tennis, but in various endeavors. Each year, approximately 500 individuals benefit from these offerings. The organization's programs focus on both athletics and scholarship opportunities, encompassing a wide range of instructional courses, competitions, and tournaments, all sanctioned by the USTA.
High school students are offered college selection and mentoring programs to aid them in their future academic and tennis-related pursuits. For adults, the academy provides lessons and tournaments tailored to various age groups, including seniors. The Port Washington Tennis Academy also extends complimentary refreshments to all its members. Further, the organization publishes a College and Junior Tennis Magazine, available at www.collegeandjuniortennis.com. Scholarships are also awarded to juniors, based on both financial need and their tennis abilities. The academy's initiatives aim to empower its members, equipping them with the skills and resources necessary to succeed in their chosen fields, whether within the realm of tennis or elsewhere.
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Impact
July, 2024
Port Washington Tennis Academy has a significant impact on the community by providing students and members with tennis lessons, programs, scholarships, mentorship, and educational opportunities to prepare for college and professional life in tennis or other endeavors. With approximately 500 individuals served each year, the academy focuses on athletics and scholarship opportunities for students of all ages. They offer a variety of instructional programs, competitions, and tournaments sanctioned by the USTA, as well as college selection and mentoring programs for high school students. Additionally, adult programs cater to individuals of all ages, including seniors, with lessons and tournaments available. The academy also publishes a college and junior tennis magazine and offers scholarships to juniors based on financial need and ability. Through these initiatives, Port Washington Tennis Academy plays a crucial role in fostering tennis talent, education, and community engagement.
This information is meant to be a general summary of Port Washington Tennis Academy. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $455
- Program Service Revenue: $1,624,074
- Gross Receipts: $1,694,243
Assets and Liabilities:
- Total Assets: $5,260,145
- Total Liabilities: $1,122,741
- Net Assets: $4,137,404
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENNIS INSTRUCTION
Revenue
$682,755
COURT RENTAL
Revenue
$941,319
Organization Details
Founding Year
1966
Principal Officer
Martin Zausner
Main Address
100 HARBOR ROAD, PORT WASHINGTON, NY, 11050
Website
www.pwta.comNTEE Category
Code: N66P - Recreation
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