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Nonprofit · EIN 26-4258289

NATIONAL TENNIS FOUNDATION INC

Tax-exempt · SANDY SPRINGS, GA 30328

Financials

$252K$252K2021$228K$301K2022$294K$318K2023$324K$605K2024
Revenue Expenses · by fiscal year end
Financials of NATIONAL TENNIS FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$323,527$604,922-$281,395$103,912$13,376$90,536
December 31, 2023990$293,767$317,806-$24,039$375,818$3,887$371,931
December 31, 2022990$228,202$301,358-$73,156$407,111$11,141$395,970
December 31, 2021990$251,818$251,728$90$483,624$170,319$313,305
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$323,527
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$554,191
Compensation of officers, directors and key employees
$30,000
Salaries, compensation and benefits (total)
$34,369
Professional fundraising fees
$0
Program services (functional)
$554,191
Fundraising (functional)
$50,731

Balance sheet and other

Total assets, start of year
$375,818
Total assets, end of year
$103,912
Total liabilities, end of year
$13,376
Net assets, end of year
$90,536
Gross receipts
$323,527
Employees
1
Volunteers
20
Year formed
2009
State of legal domicile
GA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
Steve GareleckChairman
Trustee or director
5$0
Jay BaileyVice Chairman
Trustee or director
1$0
Robert CelonaSecretary
Trustee or director
1$0
Trevor ShortDirector
Trustee or director
10$0
990 for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
Steve GareleckChairman
Trustee or director
5$0
Jay BaileyVice Chairman
Trustee or director
1$0
Robert CelonaSecretary
Trustee or director
1$0
Trevor ShortDirector
Trustee or director
10$0
990 for the year ended December 31, 2022: 4 people
NameTitleHours / weekCompensation
Steve GareleckChairman
Trustee or director
5$0
Jay BaileyVice Chairman
Trustee or director
1$0
Robert CelonaSecretary
Trustee or director
1$0
Trevor ShortDirector
Officer
10$0
990 for the year ended December 31, 2021: 4 people
NameTitleHours / weekCompensation
Steve GareleckChairman
Trustee or director
5$0
Jay BaileyVice Chairman
Trustee or director
1$0
Robert CelonaSecretary
Trustee or director
1$0
Trevor ShortDirector
Officer
10$0

Address and contacts

Address (IRS master file)
7469 TWIN BRANCH RD, SANDY SPRINGS, GA 30328-1749
In care of
% GEORGE REMINGTON REYNOLDS
Principal officer (990 for 2024)
Steve Gareleck, 4848 Rivercliff Dr, Marietta, GA 30067
Signed the 990
Steve Gareleck, Chairman
Phone
(678) 472-5887
Return prepared by
DAVID W MIZE CPA

Mission

The National Tennis Foundations Mission is to identify children with economic need regardless of race or economic means, using sport, academic, or mental support programs to give children in need a positive, impactful and nurturing environment which will lead to growth and success.

990 for the year ended December 31, 2024

Program accomplishments

  • High Performance Tennis Grants: The National Tennis Foundatin (NTF) makes grants to underserved high performance jounior tennis players who seek to play tennis at the collegiate or pro level. Grants are made for tennis training, tournament travel, coaching and housing. High performance players must maintain a top ranking in country, achieve a 3.3 or higher GPA in school and provide community service hours in order to maintain their financial support.
    Expenses $52,580
  • 0 The NTF works with and makes grants to approved chapter organizations, affiliated ATP / WTA player charities, and worthy tennis centered foundations that support the NTF ongoing mission of providing life skills programming and mentoring to under-served and At Risk yous ages 8 - 18. NTF seeks to put childern on a path to become leaders, students and athletes within their community with the end goal of earning acceptance into college and playing tennis at the collegiate level.
    Expenses $501,611
  • High Performance Tennis Grants:0
  • Life Skills Program Grants: NTF supported the Marty Hennessy Jr. Tennis Foundation, Inspiring Children Foundation, Boys & Girls Clubs of Sarasota, and South Fulton Tennis Foundation during calendar 2024. These foundations served over 750 youth in life skills training.0

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
26-4258289
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2009
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$103,912
Income (IRS master file)
$323,527

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$323,527$604,922$103,912XML
990December 2023$293,767$317,806$375,818XML
990December 2022$228,202$301,358$407,111XML
990December 2021$251,818$251,728$483,624XML
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––IRS
990December 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 26-4258289).

Questions about NATIONAL TENNIS FOUNDATION INC

What is the EIN of NATIONAL TENNIS FOUNDATION INC?
The employer identification number (EIN) of NATIONAL TENNIS FOUNDATION INC is 26-4258289.
Is NATIONAL TENNIS FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2009.
Are donations to NATIONAL TENNIS FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does NATIONAL TENNIS FOUNDATION INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of NATIONAL TENNIS FOUNDATION INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did NATIONAL TENNIS FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of NATIONAL TENNIS FOUNDATION INC?
The 990 for the year ended December 31, 2024 names Steve Gareleck.
Who are the officers and directors of NATIONAL TENNIS FOUNDATION INC?
The 990 for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
How much revenue does NATIONAL TENNIS FOUNDATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $323,527, expenses of $604,922 and total assets of $103,912 at year end.

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