Overview
What is Professional Tennis Registry Foundation?
The Professional Tennis Registry Foundation is a dedicated nonprofit organization, situated unspecified, with a mission to positively impact the lives of children, adolescents, and adults through the sport of tennis. Their primary goal is to ensure that tennis is accessible to all, and they actively promote tennis instruction and engagement for both children and adults. The foundation's activities focus on using tennis as a tool for improvement, aiming to create a more inclusive and tennis-focused community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: One-Star out of Four Stars (54%)
The Professional Tennis Registry Foundation has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its financial accountability and transparency. The overall score is heavily influenced by its Accountability & Finance score of 54%, which reflects its performance across several financial metrics.
The organization shows strengths in governance, with a fully independent board and the absence of material diversion of assets. It also has strong policies in place for conflict of interest and document retention, contributing positively to its accountability framework. However, the foundation struggles with financial performance, as indicated by a program expense ratio of only 44.40% and a liabilities to assets ratio of 0.00%, which suggest that a large portion of its expenses may not be directed towards its core mission.
Overall, while the Professional Tennis Registry Foundation demonstrates solid governance practices, its low financial efficiency raises concerns about its operational effectiveness and impact. Potential donors and supporters may want to consider these factors when evaluating their engagement with the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Professional Tennis Registry Foundation legitimate?
Professional Tennis Registry Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Professional Tennis Registry Foundation 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 Professional Tennis Registry Foundation?
The Professional Tennis Registry Foundation has a mission to enhance the lives of children, teenagers, and adults utilizing the sport of tennis. Their objective is to make tennis accessible to all, promoting the sport and offering tennis instruction to both children and adults. This foundation aims to leverage tennis as a tool to positively impact individuals' lives, contributing to their overall well-being.
Who is the CEO of Professional Tennis Registry Foundation?
Unavailable
What is the revenue of Professional Tennis Registry Foundation?
Professional Tennis Registry Foundation's revenue in 2022 was $17,858.
Who are the executives of Professional Tennis Registry Foundation and what are their salaries?
Here are 8 key members and their salaries:
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Where can I find the form 990 for Professional Tennis Registry Foundation?
Professional Tennis Registry Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Professional Tennis Registry Foundation
The Professional Tennis Registry Foundation, in its mission, utilizes the popular sport of tennis to positively impact the lives of children, teenagers, and adults. Their primary objective is to make tennis accessible to all, fostering a sense of inclusivity within the sport. By promoting tennis and providing instruction to both children and adults, the foundation aims to leverage the power of this activity to bring about meaningful improvements in the lives of those it serves.
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Impact
August, 2024
The Professional Tennis Registry Foundation is making a significant impact by using the sport of tennis to improve the lives of children, teens, and adults. Their mission of making tennis available for everyone is evident in their work to promote tennis and tennis instruction to individuals of all ages. By leveraging the power of tennis, the foundation is not only encouraging physical activity but also fostering important life skills such as discipline, teamwork, and sportsmanship. Through their efforts, they are creating opportunities for personal development and community engagement, ultimately enhancing the well-being of individuals across various demographics.
This information is meant to be a general summary of Professional Tennis Registry Foundation. 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: $13,371
- Gross Receipts: $50,631
Assets and Liabilities:
- Total Assets: $548,962
- Total Liabilities: $0
- Net Assets: $548,962
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Organization Details
Founding Year
1978
Phone
(610) 415-1243Main Address
PO Box 4739, Hilton Head Island, SC, 29938
NTEE Category
Code: N66 - Recreation
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