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Nonprofit · EIN 74-2038138

CAPITAL AREA TENNIS ASSOCIATION

Tax-exempt · AUSTIN, TX 78731

Financials

$777K$691K2023$854K$808K2024
Revenue Expenses · by fiscal year end
Financials of CAPITAL AREA TENNIS ASSOCIATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$854,278$807,563$46,715$1,044,586$96,204$948,382
December 31, 2023990$776,807$690,712$86,095$887,732$10,330$877,402
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$119,779
of which government grants
$68,828
Program service revenue
$681,501
Investment income
$52,998
Net gain from sales of assets
$19,224
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$102,600
Other salaries and wages
$220,575
Salaries, compensation and benefits (total)
$348,052
Professional fundraising fees
$0
Accounting fees
$6,521
Occupancy
$37,825
Program services (functional)
$561,656
Management and general (functional)
$245,907

Balance sheet and other

Total assets, start of year
$887,732
Total assets, end of year
$1,044,586
Total liabilities, end of year
$96,204
Net assets, end of year
$948,382
Publicly traded securities
$575,677
Net assets without donor restrictions
$948,382
Gross receipts
$854,278
Employees
11
Year formed
1978
State of legal domicile
TX

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
FERNANDO VELASCOEXECUTIVE DI
Officer
40$102,600
KAREN BROOKSVICE PRESIDE
Officer
1$0
GRANT CHAMBERSPRESIDENT
Officer
1$0
CHAD LOUPTREASURER
Officer
1$0
BRAD WISDOMSECRETARY
Officer
1$0
990 for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
FERNANDO VELASCOEXECUTIVE DI
Officer
40$92,310
KAREN BROOKSVICE PRESIDE
Officer
1$0
GRANT CHAMBERSPRESIDENT
Officer
1$0
TAI TRANTREASURER
Officer
1$0

Address and contacts

Address (IRS master file)
5511 PARKCREST DR STE 104, AUSTIN, TX 78731-4944
Principal officer (990 for 2024)
GRANT CHAMBERS, 5511 PARKCREST DR, UNIT 104, AUSTIN, TX 78731
Signed the 990
GRANT CHAMBERS, PRESIDENT
Phone
(512) 443-1342
Return prepared by
LPF PLLC

Mission

SPONSOR ADULT AND JUNIOR TENNIS TOURNAMENTS, ADMINISTER TENNIS LEAGUES ON A LOCAL LEVEL AND HELP DESERVING YOUTH WITH SMALL GRANTS AND SCHOLARSHIPS. PROVIDING EDUCATIONAL OPPORTUNITIES AND EVENTS FOR THE COMMUNITY. ADVOCATE FOR TENNIS FACILITY IMPROVEMENT AND INFRASTRUCTURE.

990 for the year ended December 31, 2024

Program accomplishments

  • TOURNAMENT EXPENSES - CATA SPONSORS ADULT AND JUNIOR TENNIS TOURNAMENTS THROUGHOUT THE YEAR, FOSTERING NATIONAL TENNIS COMPETITION.
    Expenses $187,074 · revenue $128,966
  • LEAGUE EXPENSES - CATA ADMINISTERS SEVERAL LEAGUES ON A LOCAL LEVEL. WINNERS GO ON TO REGIONAL AND NATIONAL COMPETITIONS.
    Expenses $156,722 · revenue $483,127
  • JUNIOR PROGRAMS - CATA SPONSORS JUNIOR TENNIS TOURNAMENTS THROUGHOUT THE YEAR, FOSTERING NATIONAL TENNIS COMPETITION.
    Expenses $217,860 · revenue $69,408

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
74-2038138
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1979
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,044,586
Income (IRS master file)
$854,278

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$854,278$807,563$1,044,586IRS
990December 2023$776,807$690,712$887,732XML
990December 2022$697,573$641,652$764,158IRS
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 74-2038138).

Questions about CAPITAL AREA TENNIS ASSOCIATION

What is the EIN of CAPITAL AREA TENNIS ASSOCIATION?
The employer identification number (EIN) of CAPITAL AREA TENNIS ASSOCIATION is 74-2038138.
Is CAPITAL AREA TENNIS ASSOCIATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1979.
Are donations to CAPITAL AREA TENNIS ASSOCIATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does CAPITAL AREA TENNIS ASSOCIATION 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 CAPITAL AREA TENNIS ASSOCIATION 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 CAPITAL AREA TENNIS ASSOCIATION 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 CAPITAL AREA TENNIS ASSOCIATION?
The 990 for the year ended December 31, 2024 names GRANT CHAMBERS.
Who are the officers and directors of CAPITAL AREA TENNIS ASSOCIATION?
The 990 for the year ended December 31, 2024 lists 5 people; 1 received compensation from the organization, the highest $102,600 (FERNANDO VELASCO, EXECUTIVE DI).
How much revenue does CAPITAL AREA TENNIS ASSOCIATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $854,278, expenses of $807,563 and total assets of $1,044,586 at year end.

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