CAPITAL AREA TENNIS ASSOCIATION (EIN 742038138) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1978

Legal Domicile

Principal Officer

FERNANDO VELASCO

Phone

5124431342

Tax Period

2023-01-01 to 2023-12-31

CAPITAL AREA TENNIS ASSOCIATION, founded in 1978, is a small nonprofit in the Recreation & Sports sector that reported $777K in total revenue in fiscal year 2023. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $691K left a modest 11% surplus.

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.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $82,044

Program Service Revenue $667,477

Investment Income $27,286

Other Revenue $0

TOTAL REVENUE $776,807

Expense Breakdown

Grants Paid $0

Salaries & Benefits $269,277

Fundraising Expenses $0

Program Expenses $499,806

Other Expenses $421,435

TOTAL EXPENSES $690,712

Year-over-Year Comparison

	2023	2022	Change
Revenue	$776,807	$697,573	+0.1%
Expenses	$690,712	$641,652	+0.1%
Net Income	$86,095	$55,921	+0.5%

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

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

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

$92,310

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
FERNANDO VELASCO	EXECUTIVE DI	40.00	Officer	$92,310	$0	$92,310
KAREN BROOKS	VICE PRESIDE	1.00	Officer	$0	$0	$0
GRANT CHAMBERS	PRESIDENT	1.00	Officer	$0	$0	$0
TAI TRAN	TREASURER	1.00	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
2024	No data	No data	No data	No data
2023	$776,807	$690,712	$887,732	$86,095
2022	$697,573	$641,652	$764,158	$55,921
2021	$615,883	$516,010	$783,823	$99,873
2020	$514,158	$436,791	$639,487	$77,367
2019	$596,806	$563,242	$533,228	$33,564
2018	$579,513	$571,478	$459,283	$8,035

CAPITAL AREA TENNIS ASSOCIATION