Western Wake Tennis Association

EIN: 542072168 501(c)(3) Recreation & Sports

Cary, NC

Total Revenue
$392,444
Total Expenses
$288,427
Total Assets
$818,056
Net Assets
$813,460
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2002
Legal Domicile
NC
Principal Officer
Sherene Halko
Phone
9196225458
Tax Period
2025-01-01 to 2025-12-31

Western Wake Tennis Association, founded in 2002, is a small nonprofit in the Recreation & Sports sector that reported $392K in total revenue in fiscal year 2025. The organization ran a surplus of $104K, a strong 27% operating margin.

Mission

Western Wake Tennis Association WWTA is the umbrella organization for all USTA, WTT, local and JTT leagues as well as community tennis programming and events in western Wake County. Our mission is to promote the game and spirit of tennis in our area. We strive to grow tennis awareness in the communities we serve by facilitating adult, junior and special need leagues, programs and tournaments. The WWTA continually works with the USTA, local tennis organizations and clubs, and local government municipalities to respond to the needs of our tennis community and environment

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $28,142
Program Service Revenue $349,577
Investment Income $14,725
Other Revenue $0
TOTAL REVENUE $392,444

Expense Breakdown

Grants Paid $0
Salaries & Benefits $118,431
Fundraising Expenses $14,394
Program Expenses $187,661
Other Expenses $169,996
TOTAL EXPENSES $288,427

Year-over-Year Comparison

2025 2024 Change
Revenue $392,444 $368,736 +0.1%
Expenses $288,427 $266,557 +0.1%
Net Income $104,017 $102,179 +0.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Governance

Voting Members
14
Independent Members
14
Employees
4
Volunteers
30

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
7
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Laura Weygandt Executive Dir. 40.00
Director
$0 $0 $0
Julie Corcoran Trustee 0.00
Director
$0 $0 $0
Ann Gray Trustee 0.00
Director
$0 $0 $0
Healther DeAngelis Trustee 0.00
Director
$0 $0 $0
Robin Evans Trustee 0.00
Director
$0 $0 $0
Alice Stenstrom Trustee 0.00
Director
$0 $0 $0
Barbara Sinopoli Trustee 0.00
Director
$0 $0 $0
Debra Combos Vice President 0.50
Officer
$0 $0 $0
Jena Hill Vice President 1.00
Officer
$0 $0 $0
Sherene Halko President 1.00
Officer
$0 $0 $0
Targol Mirimami Vice President 0.50
Officer
$0 $0 $0
Amit Sachan Vice President 0.50
Officer
$0 $0 $0
Kris Merck Vice President 0.50
Officer
$0 $0 $0
Paul Narula Vice President 0.50
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $392,444 $288,427 $818,056 $104,017
2024 No data No data No data No data
2023 $409,399 $310,922 $578,710 $98,477
2022 $391,258 $332,708 $462,693 $58,550
2021 $331,146 $234,818 $373,510 $96,328
2019 $227,677 $186,065 $248,205 $41,612
2018 $216,843 $191,599 $199,530 $25,244
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