Alta Foundation Inc
Nonprofit profile at a glance
- EIN
- 581630835
- IRS 990-EZ coverage
- 2014–2024
- Forms available
- Form 990-EZ 2024
- Location
- Roswell, GA, USA
- Phone
- 7703995788
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Racquet Sports
Reported finances
- Revenue
- $132,167
- Expenses
- $119,958
- Assets
- $12,331
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- CAMERON TURNER (PRESIDENT)
People named in this filing
- CAMERON TURNER (PRESIDENT)
- KAREN HARRIS (SECRETARY)
- SUSAN LEVIN (TREASURER)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The foundation promotes health, character, sportsmanship, and responsible citizenship by using the game of tennis to support, not only amateur athletes, but programs for the disadvantaged, the physically and mentally challenged, and to provide inner-city youth newopportunities for the future.
What it reported doing in 2024
The foundation is a supporting organization to the atlanta lawn tennis association (alta), under section 509(a)(3) of the irc. All grants made by the foundation support the exempt function of alta which fosters amateur sports competition in tennis as a means of healthful recreation and physical fitness, and provides assistance for tennis programs for handicapped individuals.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 97% of its reported program spending out as grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 94
- Transparency & Controls: 82
- Sustainability: 46
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 90.8%; rating input score 91
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 9.2%; rating input score 57; 57th percentile among comparable filings
- Total-asset coverage ratio: 0.1; rating input score 11; 11th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: -0.4% per year; rating input score 0; 28th percentile among comparable filings
- Revenue growth: 3.5% per year; rating input score 100; 40th percentile among comparable filings
- Asset growth: -31.9% per year; rating input score 0; 4th percentile among comparable filings
Details
- Where the money goes: 90.8% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $120K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 2 filed schedules
- Filing history: 8 filing years from 2014 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Growth: Program expense growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 11/100.
- Review — Sustainability: Operating margin scored 57/100.
- High — Growth: Asset growth scored 0/100.