Civic Intelligence

Indianapolis Tennis and Education Foundation Inc.

990 • Fiscal year 2017 • EIN 23-7361641

Mar 01, 2016 to Feb 28, 2017 • Filed on Jun 02, 2017

111 Monument Circle Rm/Ste 2700Indianapolis, IN 46204

(317) 259-5377

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

21st percentile

-13%

Higher net margin than 21% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

90th percentile

$42,408

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 9.6% of source-year revenue.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

18th percentile

-24%

Faster asset growth than 18% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

22nd percentile

-22%

Faster revenue growth than 22% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Down

$170,034

Down $53,889 (-24%) from 2016

Net Assets

Down

$170,034

Down $53,889 (-24%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue

Down

$440,945

Down $124,322 (-22%) from 2016

Expenses

Down

$496,720

Down $78,260 (-14%) from 2016

Net Income

Down

-$55,775

Down $46,062 (-474%) from 2016

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$2.0M$1.5M$1.0M$500K$0Assets 2014: $150,871Net Assets 2014: $150,8712014Assets 2015: $233,636Liabilities 2015: $0Net Assets 2015: $233,6362015Assets 2016: $223,923Liabilities 2016: $0Net Assets 2016: $223,9232016Assets 2017: $170,034Liabilities 2017: $0Net Assets 2017: $170,0342017Assets 2018: $1,171,071Liabilities 2018: $960,723Net Assets 2018: $210,3482018Assets 2019: $1,365,954Liabilities 2019: $0Net Assets 2019: $1,365,9542019Assets 2021: $1,472,991Liabilities 2021: $0Net Assets 2021: $1,472,9912021Assets 2022: $1,562,228Liabilities 2022: $0Net Assets 2022: $1,562,2282022Assets 2023: $1,477,724Liabilities 2023: $0Net Assets 2023: $1,477,7242023Assets 2024: $1,417,262Liabilities 2024: $0Net Assets 2024: $1,417,2622024Assets 2025: $1,480,477Liabilities 2025: $0Net Assets 2025: $1,480,4772025

Highlighted filing

2017

Assets$170,034
Liabilities$0
Net Assets$170,034

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.5M$1.0M$500K$0-$500KRevenue 2014: $114,031Expenses 2014: $151,479Net Income 2014: -$37,4482014Revenue 2015: $535,322Expenses 2015: $452,557Net Income 2015: $82,7652015Revenue 2016: $565,267Expenses 2016: $574,980Net Income 2016: -$9,7132016Revenue 2017: $440,945Expenses 2017: $496,720Net Income 2017: -$55,7752017Revenue 2018: $1,352,596Expenses 2018: $351,559Net Income 2018: $1,001,0372018Revenue 2019: $544,656Expenses 2019: $349,773Net Income 2019: $194,8832019Revenue 2021: $259,799Expenses 2021: $220,882Net Income 2021: $38,9172021Revenue 2022: $417,217Expenses 2022: $327,980Net Income 2022: $89,2372022Revenue 2023: $114,639Expenses 2023: $199,143Net Income 2023: -$84,5042023Revenue 2024: $124,029Expenses 2024: $184,491Net Income 2024: -$60,4622024Revenue 2025: $313,145Expenses 2025: $249,930Net Income 2025: $63,2152025

Highlighted filing

2017

Revenue$440,945
Expenses$496,720
Net Income-$55,775
Jump To
Filing Snapshot
Filing Period
Mar 1, 2016 to Feb 28, 2017
Signed
Jun 2, 2017
Return Version
2016v3.0
Gross Receipts
$440,945
Mission and Program Overview

Mission

Designed to teach tennis as a lifetime sport to be enjoyed for recreational pleasure and to offer the opportunities to those who wish to excel as competitive players. To use the sport of tennis to teach life skills to youth and adults, create opportunities for personal improvement to youth and adults; to assist and help underprivileged youth through its programs, and to promote, improve and build tennis facilities on metropolitan school district of washington township properties, as well as teach tennis programs that enhance and assist metroploitan school district of washington township's mission to educate the youth of washington township in indianapolis.

Designed to teach tennis as a lifetime sport to be enjoyed for recreational pleasure and to offer the opportunities to those who wish to excel as competitive players.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$223,923$170,034▼ $53,889
Savings and Temporary Cash Investments$90,046$80,093▼ $9,953
Cash and Non-Interest-Bearing Accounts$133,877$78,353▼ $55,524
Land, Buildings, and Equipment, Net-$11,588-
Total Assets$223,923$170,034▼ $53,889
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$223,923$170,034▼ $53,889
Total Liabilities and Net Assets / Fund Balance$223,923$170,034▼ $53,889

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$11,588$2,897$14,485
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Barbara S WynnePresidentFT$42,408$42,408
Jeff SmithDirectorFT$28,111$28,111
Daniel BrunetteDirectorFT$24,630$24,630
Steven WakefieldDirectorFT$21,000$21,000
Sarah S LugarSecretary/trFT$20,400$20,400
Melissa FitchDirectorFT$19,978$19,978
Sue BrandtDirectorPT$9,925$9,925

Board Members and Trustees

NameTitle
Heather IffertDirector
Jenny ReifeisDirector
Joe PrimaveraDirector
Kyle BurnsDirector
Mark RutherfordDirector
Ron MenciasDirector
Stuart ButtrickDirector
G Pearson SmithVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$105,882
Program Service Revenue
$334,989
Investment Income
$74
Other Revenue
$0
All Other Contributions
$105,882
Change in Net Assets
$-55,775
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$324,283
Other Expenses$159,887
Total Fundraising Expense$32,563
Grants and Similar Amounts Paid$12,550
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$83,535$51,090$31,827$166,452
Other Salaries and Wages$150,498--$150,498
Fees for Services Other$36,127$38,500-$74,627
Insurance-$11,038-$11,038
Travel$9,848--$9,848
Payroll Taxes$5,415$1,182$736$7,333
Grants to Domestic Orgs$7,050--$7,050
Conferences and Meetings-$5,850-$5,850
Grants to Domestic Individuals$5,500--$5,500
Fees for Services Accounting-$3,350-$3,350
Advertising$2,147$970-$3,117
Occupancy$3,051--$3,051
Depreciation Depletion-$2,897-$2,897
Other Expenses$1,782$2,199-$2,199
All Other Expenses$53$932-$985
Office Expenses$202$388-$590
Fees for Services Legal-$70-$70
Total Functional Expenses$325,457$138,700$32,563$496,720
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Bryan SmithFamily MemberWagesNo$26,851
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Business relationship with family members
Yes
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The board reviews form 990 before filing the return with the internal revenue service.

Form 990, Page 6, Part VI, Line 19

Documents are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Indianapolis Junior Tennis
EIN
23-7361641
Phone
3172595377
Address
111 MONUMENT CIRCLE RM/STE 2700, INDIANAPOLIS, IN 46204
Doing Business As
Indianapolis Community Tennis

Signing Officer

Name
Sarah S Lugar
Title
Secretary/treasurer
Phone
3172595377
Signed
2017-06-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sarah S Lugar
Formed
1974
Legal Domicile
In
Voting Board Members
15
Independent Board Members
8
Employees
40
Volunteers
32

Preparer

Firm
L M Henderson & Company Llp
Address
450 E 96TH ST STE 200, INDIANAPOLIS, IN 46240
Preparer
Michelle L Zimmerman
Phone
3175661000
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Item C

PROGRAM

Form 990, Page 2, Part III, Line 4D

- community youth tennis education: provides support to indianapolis community tennis program (www.tennisprogram.com) and other non-profit tennis education programs. These programs serve over 2,000 children annually. - njtl

Form 990, Part IX, Line 11G

Contract labor 33,919 38,500 0 contract labor 2,208 0 0 total 36,127 38,500 0

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IRS990/OtherExpensesGrp/ProgramServicesAmt11782
IRS990/OtherExpensesGrp/TotalAmt023829
IRS990/OtherExpensesGrp/TotalAmt116167
IRS990/OtherExpensesGrp/TotalAmt22269
IRS990/OtherExpensesGrp/TotalAmt32199
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0150498
IRS990/OtherSalariesAndWagesGrp/TotalAmt0150498
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt0736
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01182
IRS990/PayrollTaxesGrp/ProgramServicesAmt05415
IRS990/PayrollTaxesGrp/TotalAmt07333
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0SARAH S LUGAR
IRS990/PriorPeriodAdjustmentsAmt01886
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0713940
IRS990/ProgramServiceRevenueGrp/BusinessCd1713940
IRS990/ProgramServiceRevenueGrp/BusinessCd2722515
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM REGISTRATIONS
IRS990/ProgramServiceRevenueGrp/Desc1TOURNAMENT TENNIS ENTRY FEES
IRS990/ProgramServiceRevenueGrp/Desc2CONCESSIONS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0252205
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt179003
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt23781
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0252205
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt179003
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt23781
IRS990/ProgSrvcAccomActy2Grp/Desc0TOURNAMENT TENNIS: INSTRUCTION OF CHILDREN AND ADULTS OF VARYING LEVELS OF ABILITY IN COMPETITIVE TENNIS SKILLS AND SPORTSMANSHIP. PROVIDES INSTRUCTION TO APPROXIMATELY 300 PLAYERS ANNUALLY.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt090078
IRS990/ProgSrvcAccomActy2Grp/GrantAmt05800
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt079003
IRS990/ProgSrvcAccomActyOtherGrp/Desc0- COMMUNITY YOUTH TENNIS EDUCATION: PROVIDES SUPPORT TO INDIANAPOLIS COMMUNITY TENNIS PROGRAM (WWW.TENNISPROGRAM.COM) AND OTHER NON-PROFIT TENNIS EDUCATION PROGRAMS. THESE PROGRAMS SERVE OVER 2,000 CHILDREN ANNUALLY. - NJTL
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt06500
IRS990/ProgSrvcAccomActyOtherGrp/GrantAmt06500
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt046591
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt013957
IRS990/PYInvestmentIncomeAmt0119
IRS990/PYOtherExpensesAmt0174539
IRS990/PYProgramServiceRevenueAmt0518557
IRS990/PYRevenuesLessExpensesAmt0-9713
IRS990/PYSalariesCompEmpBnftPaidAmt0386484
IRS990/PYTotalExpensesAmt0574980
IRS990/PYTotalRevenueAmt0565267
IRS990/ReconcilationRevenueExpnssAmt0-55775
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0255986
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0223923
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0170034
IRS990/SavingsAndTempCashInvstGrp/BOYAmt090046
IRS990/SavingsAndTempCashInvstGrp/EOYAmt080093
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0105882
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt046591
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0185710
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt032965
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt042115
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0413263
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt074
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0137
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt099
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt070
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt077
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0457
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0335063
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.56760
IRS990ScheduleA/PublicSupportPY170Pct00.54810
IRS990ScheduleA/PublicSupportTotal170Amt0234834
IRS990ScheduleA/SubstantialContributorsTotAmt0178429
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0105882
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt046591
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0185710
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt032965
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt042115
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0413263
IRS990ScheduleA/TotalSupportAmt0413720
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt011588
IRS990ScheduleD/EquipmentGrp/DepreciationAmt02897
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt014485
IRS990ScheduleD/TotalBookValueLandBuildingsAmt011588
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt04500
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt11000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt07
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt12
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc0FMV
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc1FMV
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0BRYAN SMITH
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0FAMILY MEMBER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt026851
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0WAGES
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PROGRAM
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1- COMMUNITY YOUTH TENNIS EDUCATION: PROVIDES SUPPORT TO INDIANAPOLIS COMMUNITY TENNIS PROGRAM (WWW.TENNISPROGRAM.COM) AND OTHER NON-PROFIT TENNIS EDUCATION PROGRAMS. THESE PROGRAMS SERVE OVER 2,000 CHILDREN ANNUALLY. - NJTL
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD REVIEWS FORM 990 BEFORE FILING THE RETURN WITH THE INTERNAL REVENUE SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4CONTRACT LABOR 33,919 38,500 0 CONTRACT LABOR 2,208 0 0 TOTAL 36,127 38,500 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 1, ITEM C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0IN
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0223923
IRS990/TotalAssetsEOYAmt0170034
IRS990/TotalAssetsGrp/BOYAmt0223923
IRS990/TotalAssetsGrp/EOYAmt0170034
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0105882
IRS990/TotalEmployeeCnt040
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt032563
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0138700
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0325457
IRS990/TotalFunctionalExpensesGrp/TotalAmt0496720

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