Overview
What is Princeton Tennis Program?
The Princeton Tennis Program (PTP) is a nonprofit organization situated in Princeton, New Jersey, with a mission to make tennis accessible and enjoyable for individuals of all ages and skill levels. By offering top-notch instruction and programs at an affordable price, PTP aims to promote health, character development, good sportsmanship, and responsible citizenship. The organization extends its reach beyond financial means, providing scholarships and financial aid to children who might not otherwise have the opportunity to play tennis. Additionally, PTP offers discounted programs for seniors, focusing on promoting well-being and social engagement. PTP serves the greater central New Jersey region, adhering to a standard of excellence in education, and is committed to growing the sport by catering to players of diverse backgrounds and abilities.
Official website here: www.ptp.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 92%, Four-Star out of Four Star rating.
The Princeton Tennis Program has earned a commendable Four-Star rating, indicating a high level of accountability and financial management. The organization received a perfect score in several categories, including the majority of independent board members and its program expense ratio, which stands at an impressive 90.57%. These factors reflect a strong commitment to financial transparency and effective governance.
The organization demonstrates robust oversight with a well-structured board and a clear conflict of interest policy. Additionally, it has implemented appropriate measures such as an audit and oversight committee, ensuring thorough financial oversight and good practices. However, the absence of a whistleblower policy is noted as a limitation, which could impact the perception of its commitment to transparency and ethical practices.
Overall, the Princeton Tennis Program showcases strong financial health and a transparent operational framework, making it a trustworthy choice for potential donors. Its high accountability rating indicates that it effectively utilizes resources to advance its mission, although addressing the noted gap in whistleblower policy could further enhance its credibility.
This AI summary has been generated from information found on Charity Navigator.
Is Princeton Tennis Program legitimate?
Princeton Tennis Program is a legitimate nonprofit organization registered as a 501(c)(3) entity. Princeton Tennis Program 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: $127,525
Professional Fundraising Fees: $0
Other Salaries and Wages: $753,708
For more financial information, click here
Official website here: www.ptp.org
What is the mission statement of Princeton Tennis Program?
The Princeton Tennis Program, as a nonprofit organization, aims to provide top-notch tennis opportunities for individuals of all ages and skill levels. The program's mission is to promote the growth of tennis by offering high-quality group instruction and programs, disregarding factors such as age, ability, or financial means. PTP is committed to serving tennis enthusiasts who might otherwise be excluded, and it strives to uphold a standard of excellence in teaching and education. This standard encourages the development of health, character, good sportsmanship, and responsible citizenship among its participants.
Official website here: www.ptp.org
Who is the CEO of Princeton Tennis Program?
Ted Golfinopoulos is the Chairman of Princeton Tennis Program.
Official website here: www.ptp.org
What is the revenue of Princeton Tennis Program?
Princeton Tennis Program's revenue in 2023 was $1,681,654.
Official website here: www.ptp.org
Who are the executives of Princeton Tennis Program and what are their salaries?
The average compensation at Princeton Tennis Program during 2023 was $23,190. There are 38 employees and 20 volunteers at Princeton Tennis Program.
Here are 11 key members and their salaries:
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Official website here: www.ptp.org
Where can I find the form 990 for Princeton Tennis Program?
Princeton Tennis Program's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.ptp.org
Learn more at the official website: www.ptp.org
Mission Statement of Princeton Tennis Program
The Princeton Tennis Program, as a nonprofit organization, is committed to offering top-notch and affordable tennis opportunities for individuals of all ages and skill levels. Its mission is to bring the captivating sport of tennis to a wide audience, while simultaneously upholding a high standard of instruction that fosters the growth of health, character, good sportsmanship, and responsible citizenship. The program, known for its dedication, serves the greater central New Jersey region, extending its reach to those who may not otherwise have the chance to engage in tennis. The Princeton Tennis Program's mission is rooted in the belief that tennis is more than just a game; it's a tool for personal growth and development.
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Impact
October, 2024
The Princeton Tennis Program (PTP) has a significant impact on the community by providing access to high-quality tennis instruction for individuals of all ages and skill levels. By making tennis affordable and welcoming to everyone, PTP fosters a love for the game while promoting health, character development, and good sportsmanship among participants.
Through scholarships and financial aid, PTP ensures that children from financially challenged backgrounds can experience the joy of tennis, thereby breaking down barriers to participation in the sport. This commitment to inclusivity extends to senior citizens as well, with subsidized lessons and specialized programs tailored to enhance their well-being and social engagement.
PTP's dedication to teaching excellence not only cultivates players' skills but also instills values of responsible citizenship and community involvement. By introducing tennis to a diverse audience and creating opportunities for connection and growth, the Princeton Tennis Program plays a crucial role in enhancing the quality of life in the greater central New Jersey region.
This information is meant to be a general summary of Princeton Tennis Program. 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 2023.
- Investment Income: $7,365
- Program Service Revenue: $1,648,743
- Gross Receipts: $1,692,152
Assets and Liabilities:
- Total Assets: $2,927,792
- Total Liabilities: $714,841
- Net Assets: $2,212,951
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Court rentals
Revenue
$156,240
Lesson Fees
Revenue
$1,453,571
Tournament Fees
Revenue
$38,932
Organization Details
Founding Year
1954
Phone
(609) 520-0015Principal Officer
Ted Golfinopoulos
Main Address
92 Washington Road, Princeton, NJ, 08540
Website
www.ptp.orgNTEE Category
Code: N66Z - Recreation
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