Charity Search / GEORGIA TENNIS FOUNDATION INC
Recreation & Sports (N126) IRS Verified DX Registered 990 on File

GEORGIA TENNIS FOUNDATION INC

EIN: 58-1638685 · MARIETTA, GA 30060-7947 · United States · FY 2024 Data
3 out of 5 54 / 100 Based on 2+ years of filings
Financial strength (30%) 75/100
Reliability (20%) 55/100
Effectiveness (25%) 83/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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Mission Statement

The Georgia Tennis Foundation (GTF) was founded as a 501(c)(3) nonprofit organization in 1983. Its mission is to grow and enhance tennis in the state of Georgia by providing philanthropic community tennis programs with an emphasis on youth development and preserving the history of tennis in Georgia. The GTF provides funds to both the community and individuals, serving all races, genders and economic groups in the state of Georgia. The GTF recognizes the value of tennis as a healthy sport that can open many doors for those who learn the game of tennis. Since its beginning in 1983, the Georgia Tennis Foundation has provided community tennis programs. Through its initiative, Jack Waters TENNIS SERVES, Joe Dorn FIRST SERVE introduces disadvantaged youth tennis to prevent obesity, violence, drug and alcohol abuse. Ned Neely SECOND SERVE provides a pathway for these children to continue tennis through a system of referral for team play and also provides financial assistance for continued play in tournaments by assisting with expenses and travel to talented junior tennis players, as well as to those who aspire to play on the ATP or WTA tour to help coaching and tournament travel. In addition, the Georgia Tennis Foundation has served the wheelchair and events such as the Atlanta Senior Invitational, providing grants to tournaments and programs as requested in the state of Georgia. The life sport of tennis embodies etiquette, sportsmanship, self-esteem, problem solving and self-control. These life skills and additional educational elements are integrated throughout tennis programs and instructors routinely demonstrate how they apply to situations in all aspects of life. In 2015, GTF summer programs at the Y's, Boys & Girls club, Washington Park and Rome, Georgia had over 9,000 participants and served over 25,000 meals. To date, the First Serve Tennis Georgia programs have supported over 51 community centers and introduced over 84,000 youth to tennis. We’ve created a great structure for the Joe Dorn First Serve grants and strive to sustain growth through the Foundation’s strategic partnerships with USTA Georgia, ALTA Foundation, Coca Cola Foundation, Arthur Blank Youth Foundation and other community supporters who are passionate about tennis and the GTF mission. It is our goal to expand the format of the First Serve program to a statewide footprint to all YMCA’s, Boys and Girls Clubs and other community centers that can grow tennis in Georgia and increase our support of talented junior tennis players and aspiring young pros.

Financial Overview — FY 2024
$545K
Total Revenue
$525K
Total Expenses
$964K
Net Assets
0
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 96.6%
Fundraising Efficiency N/A
Operating Reserve 22.04x
Liability-to-Asset 1.2%
Revenue Diversification 75.1%
Compared with Peers
FY 2024
Compared with 9,592 similar organizations (United States, Recreation & Sports, $100K–$1M in expenses), FY 2024.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
96.6% 94.9%
P10P90
Above median
Admin expense ratio
Management and general / total expenses · lower is better
3.4% 3.9%
P10P90
Above median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
0.0% 0.0%
P10P90
Top quarter
Operating reserve
Months of expenses covered by net assets · higher is better
22.0 mo 6.4 mo
P10P90
Top quarter
Liabilities to assets
Total liabilities / total assets · lower is better
1.2% 0.0%
P10P90
Below median
Revenue concentration
Share of revenue from the largest source · lower is better
75.1% 89.1%
P10P90
Above median
Revenue growth
Year over year revenue growth
8.8% 8.2%
P10P90
Expense growth
Year over year expense growth
5.3% 9.8%
P10P90
Surplus margin
Surplus as a share of revenue
3.7% 2.8%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $545K $525K $964K 96.6% 0
2023 $501K $498K $874K 97.6% 0
2022 $457K $474K $743K 97.1% 0
2021 $342K $320K N/A — 0
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Organization Details
EIN
58-1638685
State
GA
City
MARIETTA
ZIP
30060-7947
Classification
N126
Category
Recreation & Sports
Rating
3★
Coverage
A
Last Updated
Aug 2026
IRS Ruling Year
1986
Foundation Code
15
Form 990
On File
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