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Nonprofit · EIN 56-6060900

NORTH CAROLINA TENNIS FOUNDATION INC

Tax-exempt · GREENSBORO, NC 27405

Financials

$379K$310K2023$544K$352K2024$421K$350K2025
Revenue Expenses · by fiscal year end
Financials of NORTH CAROLINA TENNIS FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$421,260$350,248$71,012$2,211,245$0$2,211,245
December 31, 2024990$544,061$352,181$191,880$2,006,945$0$2,006,945
December 31, 2023990$378,929$309,875$69,054$1,747,483$0$1,747,483
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$198,745
Program service revenue
$108,619
Investment income
$91,635
Net gain from sales of assets
$49,798
Other revenue
$22,261

Expenses

Grants and similar amounts paid
$122,381
Other salaries and wages
$84,587
Salaries, compensation and benefits (total)
$103,040
Professional fundraising fees
$0
Accounting fees
$9,000
Occupancy
$21,956
Travel
$4,194
Depreciation
$18,125
Program services (functional)
$293,271
Management and general (functional)
$56,977

Balance sheet and other

Total assets, start of year
$2,006,945
Total assets, end of year
$2,211,245
Total liabilities, end of year
$0
Net assets, end of year
$2,211,245
Land, buildings and equipment
$336,824
Publicly traded securities
$1,526,620
Net assets without donor restrictions
$1,828,710
Net assets with donor restrictions
$382,535
Gross receipts
$1,289,312
Employees
1
Volunteers
30
Year formed
1961
State of legal domicile
NC

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, 2025, highest compensation first.

NameTitleHours / weekCompensation
KELLY GAINESEXEC. DIRECT
Trustee or director
–$0
MARK DILLONPRESIDENT
Trustee or director, Officer
–$0
TED REESEVICE PRESIDE
Trustee or director, Officer
–$0
RICHARD HOLDERNESSVICE PRESIDE
Trustee or director, Officer
–$0
DEBBIE SOUTHERNSECRETARY
Trustee or director, Officer
–$0
RODNEY MATTHEWSTREASURER
Trustee or director, Officer
–$0
ANDY AVRAMBOARD MEMBER
Trustee or director
–$0
JIM CORNBOARD MEMBER
Trustee or director
–$0
LINDSEY LINKERBOARD MEMBER
Trustee or director
–$0
GRAY SMITHBOARD MEMBER
Trustee or director
–$0
JOHN MCCABEBOARD MEMBER
Trustee or director
–$0
TERESA LINDSAYBOARD MEMBER
Trustee or director
–$0
ANDY ANDREWSBOARD MEMBER
Trustee or director
–$0
ALFRED MAYSBOARD MEMBER
Trustee or director
–$0
LESLIE MCLVERBOARD MEMBER
Trustee or director
–$0
17 more people on this return
NameTitleHours / weekCompensation
ALLEN FARFOURBOARD MEMBER
Trustee or director
–$0
MALCOLM GRAHAMBOARD MEMBER
Trustee or director
–$0
LOU WELCHBOARD MEMBER
Trustee or director
–$0
SUSAN LOVEBOARD MEMBER
Trustee or director
–$0
ALEX OKULSKIEPAST PRESIDE
Trustee or director
–$0
COOKIE GUARINIPAST PRESIDE
Trustee or director, Officer
–$0
DONNA GASTPAST PRESIDE
Trustee or director
–$0
BILLY TROTTPAST PRESIDE
Trustee or director
–$0
PAULA HALEPAST PRESIDE
Trustee or director
–$0
JEFF JOYCEPAST PRESIDE
Trustee or director
–$0
CY KINGPAST PRESIDE
Trustee or director
–$0
DRU MICHAELSPAST PRESIDE
Trustee or director
–$0
ALEX RUCKERPAST PRESIDE
Trustee or director
–$0
HENRY HOSTETLERPAST PRESIDE
Trustee or director
–$0
ANNA MARTINPAST PRESIDE
Trustee or director
–$0
VICKI EVERETTEPAST PRESIDE
Trustee or director
–$0
BONNIE VANDEGRIFTPAST PRESIDE
Trustee or director
–$0
990 for the year ended December 31, 2024: 32 people
NameTitleHours / weekCompensation
KELLY GAINESEXEC. DIRECT
Trustee or director
15$0
MARK DILLONPRESIDENT
Trustee or director, Officer
1$0
TED REESEVICE PRESIDE
Trustee or director, Officer
1$0
RICHARD HOLDERNESSVICE PRESIDE
Trustee or director, Officer
1$0
DEBBIE SOUTHERNSECRETARY
Trustee or director, Officer
1$0
RODNEY MATTHEWSTREASURER
Trustee or director, Officer
1$0
ANDY AVRAMBOARD MEMBER
Trustee or director
1$0
JIM CORNBOARD MEMBER
Trustee or director
1$0
LINDSEY LINKERBOARD MEMBER
Trustee or director
1$0
GRAY SMITHBOARD MEMBER
Trustee or director
1$0
JOHN MCCABEBOARD MEMBER
Trustee or director
1$0
TERESA LINDSAYBOARD MEMBER
Trustee or director
1$0
ANDY ANDREWSBOARD MEMBER
Trustee or director
1$0
ALFRED MAYSBOARD MEMBER
Trustee or director
1$0
LESLIE MCLVERBOARD MEMBER
Trustee or director
1$0
ALLEN FARFOURBOARD MEMBER
Trustee or director
1$0
MALCOLM GRAHAMBOARD MEMBER
Trustee or director
1$0
LOU WELCHBOARD MEMBER
Trustee or director
1$0
SUSAN LOVEBOARD MEMBER
Trustee or director
1$0
ALEX OKULSKIEPAST PRESIDE
Trustee or director
1$0
COOKIE GUARINIPAST PRESIDE
Trustee or director, Officer
1$0
DONNA GASTPAST PRESIDE
Trustee or director
1$0
BILLY TROTTPAST PRESIDE
Trustee or director
1$0
PAULA HALEPAST PRESIDE
Trustee or director
1$0
JEFF JOYCEPAST PRESIDE
Trustee or director
1$0
CY KINGPAST PRESIDE
Trustee or director
1$0
DRU MICHAELSPAST PRESIDE
Trustee or director
1$0
ALEX RUCKERPAST PRESIDE
Trustee or director
1$0
HENRY HOSTETLERPAST PRESIDE
Trustee or director
1$0
ANNA MARTINPAST PRESIDE
Trustee or director
1$0
VICKI EVERETTEPAST PRESIDE
Trustee or director
1$0
BONNIE VANDEGRIFTPAST PRESIDE
Trustee or director
1$0
990 for the year ended December 31, 2023: 30 people
NameTitleHours / weekCompensation
KELLY GAINESEXEC. DIRECT
Trustee or director
–$0
COOKIE GUARINIPRESIDENT
Trustee or director, Officer
1$0
TED REESEVICE PRESIDE
Trustee or director, Officer
1$0
RICHARD HOLDERNESSVICE PRESIDE
Trustee or director, Officer
1$0
DEBBIE SOUTHERNSECRETARY
Trustee or director, Officer
1$0
RODNEY MATTHEWSTREASURER
Trustee or director, Officer
1$0
ANNA NEAL BLANCHARDBOARD MEMBER
Trustee or director
1$0
SUSAN LOVEBOARD MEMBER
Trustee or director
1$0
KEITH STONEMANBOARD MEMBER
Trustee or director
1$0
ANDY AVRAMBOARD MEMBER
Trustee or director
1$0
JIM CORNBOARD MEMBER
Trustee or director
1$0
LINDSEY LINKERBOARD MEMBER
Trustee or director
1$0
GRAY SMITHBOARD MEMBER
Trustee or director
1$0
JOHN MCCABEBOARD MEMBER
Trustee or director
1$0
TERESA LINDSAYBOARD MEMBER
Trustee or director
1$0
ANDY ANDREWSBOARD MEMBER
Trustee or director
1$0
MARK DILLONBOARD MEMBER
Trustee or director
1$0
ALFRED MAYSBOARD MEMBER
Trustee or director
1$0
MALCOLM GRAHAMBOARD MEMBER
Trustee or director
1$0
DONNA GASTPAST PRESIDE
Trustee or director
1$0
BILLY TROTTPAST PRESIDE
Trustee or director
1$0
PAULA HALEPAST PRESIDE
Trustee or director
1$0
JEFF JOYCEPAST PRESIDE
Trustee or director
1$0
CY KINGPAST PRESIDE
Trustee or director
1$0
DRU MICHAELSPAST PRESIDE
Trustee or director
1$0
ALEX RUCKERPAST PRESIDE
Trustee or director
1$0
HENRY HOSTETLERPAST PRESIDE
Trustee or director
1$0
ANNA MARTINPAST PRESIDE
Trustee or director
1$0
VICKI EVERETTEPAST PRESIDE
Trustee or director
1$0
BONNIE VANDERGRIFTPAST PRESIDE
Trustee or director
1$0

Address and contacts

Address (IRS master file)
2709 HENRY ST, GREENSBORO, NC 27405-3669
Principal officer (990 for 2025)
KELLY GAINES, 2709 HENRY STREET, GREENSBORO, NC 27405
Signed the 990
KELLY GAINES, EXEC. DIRECTOR
Phone
(336) 852-8577
Return prepared by
GRAY CALLISON & JONES CPA PC

Mission

THE NORTH CAROLINA TENNIS FOUNDATION SUPPORTS ORGANIZATIONS AND PROGRAMS THAT ENHANCE THE LIVES OF PEOPLE THROUGH TENNIS AND EDUCATION AND PRESERVES THE HISTORY OF TENNIS IN NORTH CAROLINA

990 for the year ended December 31, 2025

Program accomplishments

  • EXPENSES (DEPRECIATION EXPENSE, PROPERTY TAXES AND EQUIPMENT COSTS) RELATED TO FACILITIES BEING RENTED TO AN AFFILIATED TAX EXEMPT ORGANIZATION.
    Expenses $32,356 · revenue $60,000
  • CONTRIBUTIONS, GRANTS, SCHOLARSHIPS, AWARDS AND ASSISTANCE TO JUNIOR TENNIS LEAGUES, HIGH SCHOOL ATHLETIC PROGRAMS AND LOCAL SCHOOLS.
    Expenses $211,190 · grants $122,381
  • EXPENSES TO PROMOTE AND RAISE THE PUBLIC'S AWARENESS OF THE NORTH CAROLINA TENNIS FOUNDATON, INC. AND THE FUTURE OF TENNIS IN NORTH CAROLINA BY PRESERVING IT'S RICH HISTORY INCLUDING THE NORTH CAROLINA TENNIS HALL OF FAME.
    Expenses $49,725
  • EXPENSES USED TO PROMOTE AND RAISE THE PUBLIC'S AWARENESS OF THE NORTH CAROLINA TENNIS FOUNDATION, INC.

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, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
56-6060900
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
1963
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$2,211,245
Income (IRS master file)
$1,289,312

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$421,260$350,248$2,211,245XML
990December 2024$544,061$352,181$2,006,945XML
990December 2023$378,929$309,875$1,747,483XML
990December 2022$269,975$252,914$1,549,671IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––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 56-6060900).

Questions about NORTH CAROLINA TENNIS FOUNDATION INC

What is the EIN of NORTH CAROLINA TENNIS FOUNDATION INC?
The employer identification number (EIN) of NORTH CAROLINA TENNIS FOUNDATION INC is 56-6060900.
Is NORTH CAROLINA TENNIS FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1963.
Are donations to NORTH CAROLINA TENNIS FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does NORTH CAROLINA 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 NORTH CAROLINA TENNIS FOUNDATION INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did NORTH CAROLINA TENNIS FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of NORTH CAROLINA TENNIS FOUNDATION INC?
The 990 for the year ended December 31, 2025 names KELLY GAINES.
Who are the officers and directors of NORTH CAROLINA TENNIS FOUNDATION INC?
The 990 for the year ended December 31, 2025 lists 32 people; 0 received compensation from the organization.
How much revenue does NORTH CAROLINA TENNIS FOUNDATION INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $421,260, expenses of $350,248 and total assets of $2,211,245 at year end.

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