Overview
What is Capital Area Tennis Association?
Capital Area Tennis Association (CATA) is a nonprofit organization situated in Austin, Texas, specifically at 5511 Parkcrest Drive, Suite 104. Their primary mission is to sponsor and organize both adult and junior tennis tournaments throughout the year, fostering a spirit of national tennis competition. Beyond tournaments, CATA also manages local tennis leagues and extends aid to deserving youth through small grants and scholarships. With a team of seven dedicated individuals, CATA is committed to promoting and nurturing the love for tennis in their community.
Official website here: www.austintennis.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77% (Three-Star out of Four Stars)
The Capital Area Tennis Association has received a Three-Star rating from Charity Navigator, reflecting a solid 77% score. This rating highlights the organization’s strong commitment to accountability and finance, indicating that it operates with transparency and integrity. The overall score is based solely on the Accountability & Finance beacon, emphasizing the charity's dedication to maintaining high standards in these areas.
The organization excels in several key areas, including having a completely independent board of directors, with 100% of its members meeting this criterion. Additionally, it has a strong program expense ratio of 71.16%, which indicates that a significant portion of its funds is utilized for its programs rather than administrative costs. The absence of any material diversion of assets further supports the integrity of its financial practices.
While the Capital Area Tennis Association demonstrates strong governance and financial responsibility, the rating does not assess other aspects such as program impact or community feedback, which could provide a fuller picture of its effectiveness and reach. Nonetheless, the organization's transparency and commitment to accountability are commendable strengths that contribute to its positive standing.
This AI summary has been generated from information found on Charity Navigator.
Is Capital Area Tennis Association legitimate?
Capital Area Tennis Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Capital Area Tennis Association 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: $80,800
Professional Fundraising Fees: $0
Other Salaries and Wages: $137,103
For more financial information, click here
Official website here: www.austintennis.org
What is the mission statement of Capital Area Tennis Association?
The Capital Area Tennis Association, in its mission, sponsors adult and junior tennis tournaments, administers tennis leagues on a local level, and provides aid to deserving youth through small grants and scholarships. By organizing these events, the association fosters a competitive environment in national tennis competitions. Additionally, the organization contributes to the local tennis community by administering leagues and offering financial assistance to deserving young individuals.
Official website here: www.austintennis.org
Who is the CEO of Capital Area Tennis Association?
Fernando Velasco is the Executive Di of Capital Area Tennis Association.
Official website here: www.austintennis.org
What is the revenue of Capital Area Tennis Association?
Capital Area Tennis Association's revenue in 2022 was $697,573.
Official website here: www.austintennis.org
Who are the executives of Capital Area Tennis Association and what are their salaries?
The average compensation at Capital Area Tennis Association during 2022 was $31,129. There are 7 employees at Capital Area Tennis Association.
Here are 5 key members and their salaries:
- Compensation: $80,800
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.austintennis.org
Where can I find the form 990 for Capital Area Tennis Association?
Capital Area Tennis Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.austintennis.org
Learn more at the official website: www.austintennis.org
Mission Statement of Capital Area Tennis Association
Capital Area Tennis Association, or CATA, is committed to its mission of promoting tennis on a local level. The organization carries out this mission in various ways, primarily by sponsoring both adult and junior tennis tournaments throughout the year. These tournaments serve as platforms for participants to compete nationally, fostering a spirit of competition and camaraderie.
Beyond organizing tournaments, CATA also administers tennis leagues. This aspect of their mission allows locals to engage in regular tennis activities, promoting the sport within their community. Additionally, CATA demonstrates its commitment to youth development by offering small grants and scholarships to deserving young individuals. This financial support empowers these youth to pursue their passion for tennis, potentially opening up opportunities for further growth and success in the sport.
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Impact
July, 2024
Capital Area Tennis Association's impact is felt through its sponsorship of adult and junior tennis tournaments, administration of local tennis leagues, and provision of small grants and scholarships to deserving youth. By organizing and supporting tennis competitions, CATA fosters national tennis competition and provides opportunities for individuals to develop their skills and passion for the sport. Additionally, their support for youth through grants and scholarships helps to remove barriers and create pathways for young tennis enthusiasts to pursue their dreams. Through these efforts, CATA contributes to the growth and promotion of tennis in the Austin community and beyond.
This information is meant to be a general summary of Capital Area Tennis Association. 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: $18,108
- Program Service Revenue: $603,775
- Gross Receipts: $697,573
Assets and Liabilities:
- Total Assets: $764,158
- Total Liabilities: $14,378
- Net Assets: $749,780
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LEAGUES
Revenue
$377,139
TOURNAMENTS
Revenue
$129,401
JUNIOR PROGRAMS
Revenue
$97,235
Organization Details
Founding Year
1978
Phone
(512) 443-1342Principal Officer
Fernando Velasco
Main Address
5511 PARKCREST DR STE 104, AUSTIN, TX, 78731
Website
www.austintennis.orgNTEE Category
Code: N66Z - Recreation
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