Overview
What is Georgia Tennis Foundation Inc?
Georgia Tennis Foundation Inc is a nonprofit organization based in Marietta, Georgia, with a mission to support and fund programs that foster personal growth and community involvement through tennis. They achieve this by organizing charitable events and providing scholarships for talented tennis players. The foundation also emphasizes youth development and preserves the historical aspects of tennis through a Georgia Tennis Hall of Fame and Museum. By offering philanthropic community tennis programs, they aim to enhance tennis development in Georgia.
Official website here: www.georgiatennisfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Star Rating)
The Georgia Tennis Foundation Inc has achieved a Three-Star rating from Charity Navigator, reflecting an 83% score. This rating highlights the organization's accountability and financial health. The foundation benefits from a board composed entirely of independent members, showcasing strong governance practices. Additionally, they demonstrate solid financial management, with a favorable liabilities-to-assets ratio and a significant portion of expenses directed toward programs.
Despite its strengths, the foundation has notable gaps in its policies, specifically regarding conflict of interest and whistleblower protections, which received the lowest scores possible. This could raise concerns about transparency and ethical practices. However, their commitment to document retention and governance is commendable, as evidenced by their adherence to maintaining board meeting minutes and relevant documentation.
Overall, while the Georgia Tennis Foundation Inc shows strong financial health and governance, the absence of certain policies could be improved to enhance trust and accountability within the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Georgia Tennis Foundation Inc legitimate?
Georgia Tennis Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Georgia Tennis Foundation 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:
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Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.georgiatennisfoundation.org
What is the mission statement of Georgia Tennis Foundation Inc?
The Georgia Tennis Foundation Inc's mission is focused on supporting and funding programs that aid in the personal growth and development of individuals and communities in Georgia, primarily through the sport of tennis. With a strong emphasis on youth development, the foundation aims to enhance tennis in the state by providing philanthropic community tennis programs. Additionally, the foundation preserves the historical aspects of tennis through the Georgia Tennis Hall of Fame and Museum. The organization also offers scholarships for excellence in tennis and makes charitable contributions to other exempt organizations to stimulate participation in tennis, often through charitable events organized by the foundation itself.
Official website here: www.georgiatennisfoundation.org
Who is the CEO of Georgia Tennis Foundation Inc?
Darren Potkey is the Interim Board Chair/President of Georgia Tennis Foundation Inc.
Official website here: www.georgiatennisfoundation.org
What is the revenue of Georgia Tennis Foundation Inc?
Georgia Tennis Foundation Inc's revenue in 2022 was $456,624.
Official website here: www.georgiatennisfoundation.org
Who are the executives of Georgia Tennis Foundation Inc and what are their salaries?
There 30 volunteers at Georgia Tennis Foundation Inc.
Here are 23 key members and their salaries:
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- Related: $132,503
- Other: $29,570
Official website here: www.georgiatennisfoundation.org
Where can I find the form 990 for Georgia Tennis Foundation Inc?
Georgia Tennis Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.georgiatennisfoundation.org
Learn more at the official website: www.georgiatennisfoundation.org
Mission Statement of Georgia Tennis Foundation Inc
The Georgia Tennis Foundation Inc is dedicated to supporting and funding programs that enable individuals and communities in Georgia to reach their full potential, primarily through the magnificent sport of tennis. This nonprofit organization focuses on philanthropic community tennis programs with a strong emphasis on youth development. In addition, the foundation preserves the historical aspects of tennis by maintaining a Georgia Tennis Hall of Fame and Museum.
To accomplish its mission, the Georgia Tennis Foundation Inc provides scholarships for excellence in tennis and makes charitable contributions to other exempt organizations. These contributions aim to encourage participation in tennis, and the foundation achieves this goal by organizing charitable events. By doing so, the organization strives to promote the growth and enhancement of tennis in the state of Georgia, fostering a sense of unity and development through this beloved sport.
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Impact
July, 2024
Georgia Tennis Foundation Inc's impact can be seen in the growth and enhancement of tennis in the state of Georgia. Through the support and funding of programs, the foundation helps people and communities in Georgia reach their full potential through the sport of tennis. This is achieved by providing scholarships for excellence in tennis, charitable contributions to other exempt organizations to encourage participation in tennis, and organizing charitable events. Additionally, the foundation preserves the historical aspects of tennis through the Sessions Family Georgia Tennis Hall of Fame and Museum. The emphasis on youth development underscores the foundation's commitment to nurturing talent and promoting the sport among younger generations.
This information is meant to be a general summary of Georgia Tennis Foundation 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $3,704
- Program Service Revenue: $372,836
- Gross Receipts: $456,624
Assets and Liabilities:
- Total Assets: $753,869
- Total Liabilities: $11,250
- Net Assets: $742,619
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENNIS EVENTS
Revenue
$366,183
HOF FUND
Revenue
$6,653
Organization Details
Founding Year
1983
Phone
(678) 905-2983Principal Officer
Darren Potkey
Main Address
116 MARBLE MILL ROAD, MARIETTA, GA, 300607947
NTEE Category
Code: N126 - Recreation
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