Vineyard Youth Tennis Inc
Overview
Vineyard Youth Tennis Inc is a nonprofit organization focused on providing tennis instruction and resources to children on Martha's Vineyard. The organization aims to enhance the lives of young people by offering free tennis instruction along with necessary equipment, such as tennis rackets and balls.
Mission and Activities
The mission of Vineyard Youth Tennis Inc emphasizes the provision of tennis opportunities to island children, thus promoting physical activity, sportsmanship, and personal development through tennis. This is aligned with broader goals of fostering character, commitment, and perseverance among young participants.
Financials
Recent financial data indicates that Vineyard Youth Tennis Inc has reported revenues of around $521,000 and $500,000 over two consecutive periods, with expenses similarly ranging between $533,000 and $500,000 during those times. The organization holds total assets valued at approximately $2.46 million and $2 million, respectively, with minimal liabilities.
In terms of grants provided, records from 2019 indicate that Vineyard Youth Tennis Inc did not distribute any grants that year.
Classification
Vineyard Youth Tennis Inc is classified as a private foundation, reflecting its focus on supporting specific charitable objectives within the community rather than seeking broad public support. Despite being described in some contexts as a financial services company, its primary function and impact are centered on youth tennis programs.
Relationship to Vineyard Family Tennis
While Vineyard Youth Tennis Inc and Vineyard Family Tennis offer tennis programs on Martha's Vineyard, they serve different roles. Vineyard Family Tennis provides a wide range of tennis programs for all age groups and skill levels, focusing on both instruction and match play opportunities throughout the year. Vineyard Youth Tennis Inc, on the other hand, is specifically dedicated to providing free tennis instruction and equipment to children, reflecting a targeted approach to youth development through tennis.
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