Skip to content
Nonprofiteer
← PROFESSIONAL TENNIS REGISTRY FOUNDATION

Form 990 for tax year 2023

Filed by PROFESSIONAL TENNIS REGISTRY FOUNDATION.

Totals

Total revenue
$43,718
Total expenses
$84,881
Contributions and grants received
$21,737
Grants paid
$36,283
Program service revenue
$0
Investment income
$21,981
Other revenue
$0
Total assets, end of year
$559,777
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$559,777
Program services expenses (Part IX)
$49,141
Management and general expenses
$35,740
Fundraising expenses
$0
Program service expenses (Part III)
$84,881

Program services were 57.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $21,737

  • 3 · Investment income

    total $20,546 · unrelated business $0 · excluded $20,546

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 6d · Net rental income or loss

    total $0

  • 7a · Gross sales of assets other than inventory

    securities $53,394

  • 7b · Less cost or other basis and sales expenses

    securities $51,959

  • 7c · Gain or loss

    securities $1,435 · other assets $0

  • 7d · Net gain or loss

    total $1,435 · excluded $1,435

  • 8c · Net income from fundraising events

    total $0

  • 9c · Net income from gaming

    total $0

  • 10c · Net income from sales of inventory

    total $0

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $26,540 · program services $26,540

  • 2 · Grants to domestic individuals

    total $2,843 · program services $2,843

  • 3 · Grants to foreign organizations and individuals

    total $6,900 · program services $6,900

  • 7 · Other salaries and wages

    total $7,469 · management and general $7,469

  • 11c · Fees: accounting

    total $2,500 · management and general $2,500

  • 11f · Fees: investment management

    total $8,297 · management and general $8,297

  • 12 · Advertising and promotion

    total $12,858 · program services $12,858

  • 13 · Office expenses

    total $443 · management and general $443

  • 17 · Travel

    total $6,634 · management and general $6,634

  • 19 · Conferences, conventions and meetings

    total $10,237 · management and general $10,237

  • 22 · Depreciation, depletion and amortization

    total $0

  • 23 · Insurance

    total $0 · management and general $0

  • 24a · Other expenses: State Filing Fees

    total $75 · management and general $75

  • 24b · Other expenses: Bank Fees

    total $85 · management and general $85

  • 24e · All other expenses

    total $0 · program services $0 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year -$272 · end of year $9,879

  • 2 · Savings and temporary cash investments

    beginning of year $67,510 · end of year $13,312

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $0

  • 11 · Investments: publicly traded securities

    beginning of year $533,702 · end of year $536,586

Mission and programs · 2023

Mission

The PTR Foundation provides grants to organizations and individual in order to advance participation in the sport of tennis regardless of age or physical abilities. The goal is to work to make tennis available to everyone.

Activities or mission (Part I)

MAKING THE SPORT OF TENNIS AVAILABLE TO EVERYONE. UTILIZING THE SPORT OF TENNIS TO ENGAGE AND IMPROVE THE LIVES OF CHILDREN TEENS, ADULTS AND PEOPLE WITH DISABILITIES. BUILING CHARACTER AND CONFIDENCE THROUGH THE SPORT OF TENNIS

  • The organization provided grants for tennis instruction, tennis equipment, training and lessons. Sponsored various tournaments and local championship rounds.

    Expenses $84,881 · Grants $36,283

As filed on the 2023 return.

Listed in Part VII

  • Scott Tharp

    Chairman

    Total calculated
    $0
    Hours/week
    1

  • Jack Barker

    Sec/Treas

    Total calculated
    $0
    Hours/week
    1

  • Luciano Botti

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Roy Barth

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Lucy Garvin

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Jim Loehr

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Ajay Pant

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Kristin Campbell

    Legal Council

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

Provenance

Return type
form_990
Tax year
2023
Filed
10 February 2025
IRS schema version
2023v6.0
Source object
202500419349300230

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.