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Tennis For Charity Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 311001878 ✦ Mason, OH ✦ Designated as a 501(c)(3)

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Overview

What is Tennis For Charity Inc?

Tennis For Charity Inc, based in Mason, Ohio, is a dedicated nonprofit organization that raises funds for several worthy causes. They primarily support tennis programs for inner-city youth, the Barrett Cancer Center at the UC Foundation, and the Cincinnati Children's Hospital. The organization also makes its tennis facility available to Ohio high schools for district tournaments, as well as to several colleges for their tournaments, all without charging a profit. Additionally, a Midwest Amateur Tennis Tournament is held at their facility. The Tennis Museum within the facility is accessible to all tournament visitors, furthering their mission of promoting tennis and changing lives for young people.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96% (Four-Star out of Four Star rating)

Tennis For Charity Inc has received an impressive Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. The organization scored 96% in Accountability & Finance, reflecting its commitment to transparency and effective financial management. This rating is based solely on the Accountability & Finance beacon, emphasizing the robustness of its financial practices.

The organization demonstrates strong governance, with a fully independent board consisting of eight members. It has established essential policies, including conflict of interest and whistleblower policies, and is diligent in maintaining thorough documentation of board meeting minutes. Additionally, Tennis For Charity Inc has a favorable liabilities to assets ratio of 26.62%, showcasing its financial stability.

The program expense ratio stands at 78.38%, indicating that a significant portion of its expenses is directed towards programs and services rather than administrative costs. While the rating reflects an overall positive assessment, continued vigilance in maintaining these standards will be crucial for sustaining trust and effectiveness in its mission.


This AI summary has been generated from information found on Charity Navigator.

Is Tennis For Charity Inc legitimate?

Tennis For Charity Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tennis For Charity Inc 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Tennis For Charity Inc?

Tennis For Charity Inc's mission is centered around funding tennis programs and partnerships that significantly impact the lives of young people. By providing financial support, the organization aims to advance and transform the experiences of these individuals. Their mission extends to supporting initiatives such as tennis programs for inner-city youth, the Barrett Cancer Center, and the Cincinnati Children's Hospital. The tennis facility they manage is also utilized for various tournaments, including high school district competitions and collegiate events, without any profit motive. Additionally, Tennis For Charity Inc hosts a Midwest amateur tennis tournament at their facility. The organization also houses a tennis museum, which is accessible to all tournament visitors.

Who is the CEO of Tennis For Charity Inc?

Neal Schear is the President of Tennis For Charity Inc.

What is the revenue of Tennis For Charity Inc?

Tennis For Charity Inc's revenue in 2022 was $586,075.

Who are the executives of Tennis For Charity Inc and what are their salaries?

There 10 volunteers at Tennis For Charity Inc.


Here are 10 key members and their salaries:


Ken Berry (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ginger Kent (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elaine Bruening (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Neal Schear (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Al Koncius (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alvin Crawford Md (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Doug Roberts (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Keating (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Friedman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Dessner (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Tennis For Charity Inc?

Tennis For Charity Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Tennis For Charity Inc

Tennis For Charity Inc, as its name suggests, is dedicated to funding tennis programs and partners that significantly impact and transform the lives of young people. Their mission is to invest in initiatives that harness the power of tennis to bring about positive changes in the lives of these individuals. By providing financial support to various tennis programs and partners, this nonprofit organization seeks to make a tangible difference in the lives of young people.

In pursuit of its mission, Tennis For Charity Inc supports a range of causes. It contributes to initiatives that promote tennis for inner-city youth, providing them with opportunities to learn, grow, and excel in the sport. The nonprofit also extends its support to the UC Foundation's Barrett Cancer Center, contributing to cancer research and treatment efforts. Furthermore, Tennis For Charity Inc lends a helping hand to the Cincinnati Children's Hospital, supporting healthcare services for children in need.

In addition to its financial contributions, Tennis For Charity Inc also makes its tennis facility available to Ohio high schools for the OHSAA boys and girls district tournaments, offering these young athletes a platform to showcase their skills and compete at a higher level. The facility also serves as a venue for several colleges, hosting tournaments and providing students with valuable gaming experiences.

Moreover, Tennis For Charity Inc hosts a Midwest Amateur Tennis Tournament at its facility, attracting players from various backgrounds and skill levels. The tournament offers a unique opportunity for amateurs to test their skills against their peers and engage in friendly competition.

The nonprofit's commitment to its mission extends beyond its financial support and facility provision. Tennis For Charity Inc also houses a Tennis Museum within its facility, which is open to all tournament visitors. This museum serves as a testament to the history and impact of tennis, providing visitors with a deeper appreciation for the sport and its influence on young people's lives.

In summary, Tennis For Charity Inc is a nonprofit organization that is passionate about funding tennis programs and partners that advance and change the lives of young people. Through its financial contributions, facility provision, and hosting of tournaments and a museum, it provides numerous opportunities for young people to learn, grow, and thrive, making a tangible difference in their lives.

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Impact




July, 2024

Tennis For Charity Inc's impact lies in funding tennis programs and partners that significantly influence and transform the lives of young individuals. By raising funds to support tennis for inner-city youth, the UC Foundation's Barrett Cancer Center, and the Cincinnati Children's Hospital, this organization is making a tangible difference in the community. Additionally, their facility is made accessible to Ohio high schools for district tournaments, utilized by colleges for various events, and hosts a Midwest amateur tennis tournament. The presence of a tennis museum further enhances the experience for visitors.




This information is meant to be a general summary of Tennis For Charity Inc. 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.

Revenue
$586,075 (2022)
Expenses
$437,101 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $84,203
  • Program Service Revenue: $82,895
  • Gross Receipts: $1,240,336

Assets and Liabilities:

  • Total Assets: $17,726,754
  • Total Liabilities: $5,195,000
  • Net Assets: $12,531,754

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

STADIUM EVENTS REVENUE

Revenue

$82,895

Organization Details

Founding Year

1979

Principal Officer

Neal Schear

Main Address

5460 COURSEVIEW DRIVE, MASON, OH, 45040

NTEE Category

Code: E112 - Health

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