Civic Intelligence

Lenny Simpson Tennis and Education

EIN 46-1952014 • 501(c)3 • Wilmington, NC

Profile

To provide a year round program to under-served youth that provides tennis instruction and academic support in an environment that builds self-esteem, character and life skills, regardless of socio-economic background, color or creed. To promote tennis as an alternative to negative recreation and create an atmosphere that values respect, honesty, sportsmanship, discipline, education and success. The program will focus initially on the greater wilmington, nc area.

1406 Orange StreetWilmington, NC 28401

emitcham.wixsite.com/ONELOVE

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

32nd percentile

0.00x

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

NTEE O • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

33rd percentile

0.00x

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

NTEE O • $500k-$1M nonprofits • Source year 2024

Net Margin

6th percentile

-62%

Higher net margin than 6% of similar nonprofits.

NTEE O • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

55th percentile

$41,504

Higher top officer pay than 55% of similar nonprofits.

Top officer pay equals 83.4% of source-year revenue.

NTEE O • $500k-$1M nonprofits • Source year 2024

Asset Growth

26th percentile

-4.1%

Faster asset growth than 26% of similar nonprofits.

NTEE O • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

4th percentile

-69%

Faster revenue growth than 4% of similar nonprofits.

NTEE O • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Down

$743,955

Down $50,726 (-6.4%) from 2022

Liabilities

Down

$0

Down $35,054 (-100%) from 2022

Net Assets

Down

$743,955

Down $15,672 (-2.1%) from 2022

Revenue

Up

$163,131

Up $18,980 (+13%) from 2022

Expenses

Up

$178,803

Up $60,634 (+51%) from 2022

Net Income

Down

-$15,672

Down $41,654 (-160%) from 2022

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$800K$600K$400K$200K$0Assets 2013: $785Liabilities 2013: $02013Assets 2014: $10,338Liabilities 2014: $6,9892014Assets 2015: $16,229Liabilities 2015: $9,8242015Assets 2016: $178,219Liabilities 2016: $0Net Assets 2016: $178,2192016Assets 2017: $347,110Liabilities 2017: $5,291Net Assets 2017: $341,8192017Assets 2018: $534,332Liabilities 2018: $7,849Net Assets 2018: $526,4832018Assets 2019: $731,903Liabilities 2019: $12,023Net Assets 2019: $719,8802019Assets 2020: $758,832Liabilities 2020: $22,838Net Assets 2020: $735,9942020Assets 2021: $787,056Liabilities 2021: $53,411Net Assets 2021: $733,6452021Assets 2022: $794,681Liabilities 2022: $35,054Net Assets 2022: $759,6272022Assets 2023: $743,955Liabilities 2023: $0Net Assets 2023: $743,9552023

Highlighted filing

2023

Assets$743,955
Liabilities$0
Net Assets$743,955

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$600K$400K$200K$0-$200KRevenue 2013: $184,900Expenses 2013: $184,115Net Income 2013: $7852013Revenue 2014: $43,522Expenses 2014: $40,957Net Income 2014: $2,5652014Revenue 2015: $112,888Expenses 2015: $109,832Net Income 2015: $3,0562015Revenue 2016: $330,852Expenses 2016: $159,038Net Income 2016: $171,8142016Revenue 2017: $391,881Expenses 2017: $228,281Net Income 2017: $163,6002017Revenue 2018: $427,974Expenses 2018: $243,310Net Income 2018: $184,6642018Revenue 2019: $424,089Expenses 2019: $230,692Net Income 2019: $193,3972019Revenue 2020: $207,849Expenses 2020: $191,735Net Income 2020: $16,1142020Revenue 2021: $183,471Expenses 2021: $185,820Net Income 2021: -$2,3492021Revenue 2022: $144,151Expenses 2022: $118,169Net Income 2022: $25,9822022Revenue 2023: $163,131Expenses 2023: $178,803Net Income 2023: -$15,6722023

Highlighted filing

2023

Revenue$163,131
Expenses$178,803
Net Income-$15,672

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 17, 2025
Return Version
2023v6.0
Gross Receipts
$163,131
Mission and Program Overview

Mission

To provide a year-round program to underserved youth of tennis instruction and academic support that builds self-esteem, character, and life skills, while promoting positive recreation and values like respect, honesty, discipline, and education.

Empowering underserved youth through year-round tennis, education, and character development.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$759,627$743,955▼ $15,672
Land, Buildings, and Equipment, Net$249,678$675,818▲ $426,140
Cash and Non-Interest-Bearing Accounts$66,873$68,137▲ $1,264
Loans From Officers Directors$34,986--
Prepaid Expenses and Deferred Charges$1,000--
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$794,681$743,955▼ $50,726
Other Assets Total$477,130$0▼ $477,130
Liabilities
Accounts Payable and Accrued Expenses$68--
Total Liabilities$35,054$0▼ $35,054
Net Assets / Fund Balance
Total Net Assets Fund Balance$759,627$743,955▼ $15,672
Total Liabilities and Net Assets / Fund Balance$794,681$743,955▼ $50,726

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$532,664$36,536$569,200
Land$80,500-$80,500
Other Land Buildings$58,900$3,100$62,000
Equipment$3,754$27,178$30,932
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Lendward SimpsonFormer Executive DirectorFT$90,000$20,028$110,028

Board Members and Trustees

NameTitle
Johnnie AsheExecutive Consultant
April DoetschSecretary
Janet GainoTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$163,131
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$150,943
Change in Net Assets
$-15,672
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$96,885
Other Expenses$81,918
Total Fundraising Expense$9,000
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$63,000$18,000$9,000$90,000
Depreciation Depletion$20,463--$20,463
Occupancy$16,160--$16,160
Insurance$9,141$498-$9,639
Payroll Taxes$5,370$1,515-$6,885
Fees for Services Accounting-$4,256-$4,256
Office Expenses$2,407$679-$3,086
Fees for Services Other$2,349$663-$3,012
Other Expenses$1,122--$1,122
Advertising$835--$835
Total Functional Expenses$144,192$25,611$9,000$178,803
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

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$34,986--
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
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, Part VI, Section B, line 11B

A draft of the Form 990 is provided to select members of the Board of Directors for their review prior to filing.

Form 990, Part VI, Section B, line 12C

Board Members are required to disclose interests that could give rise to conflicts. In the event a conflict arises during the year, the Organization's conflict of interest policy requires that the individual not participate in deliberations and decisions regarding the transaction and abstain from voting. In some circumstances, the individual may be asked to leave the room when the matter is being discussed.

Form 990, Part VI, Section C, line 19

Documents required to be open for public inspection are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Lenny Simpson Tennis and Education Fund
EIN
46-1952014
Phone
9105209264
Address
1406 Orange Street, Wilmington, NC 28401

Signing Officer

Name
JoAnn Simpson
Title
Executive Director
Phone
9105209264
Signed
2025-11-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
JoAnn Simpson
Formed
2013
Legal Domicile
Tn
Voting Board Members
4
Independent Board Members
4
Employees
1
Volunteers
8

Preparer

Firm
EARNEY Accountants & Advisors PLLC
Address
700 Military Cutoff Road Suite 250, Wilmington, NC 28405
Preparer
Joel French CPA
Phone
9102569995
Raw XML Appendix362 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Desc0Provided a year-round program for underserved youth in the Greater Wilmington, NC area, offering tennis instruction and academic support in a structured environment that promotes self-esteem, character development, and life skills. The program emphasized tennis as a positive alternative to negative recreation and fostered values such as respect, honesty, sportsmanship, discipline, and educational achievement.
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IRS990/IRPDocumentCnt00
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IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0The organization owns a residential property that includes a tennis court used to deliver year-round tennis instruction and mentoring programs to underserved youth, consistent with its exempt purpose. The Executive Director resides at the property and oversees daily operations, program delivery, and facility maintenance. The tennis court is a core component of the program and is regularly used by youth participants. The housing arrangement enables the Executive Director to be on-site to support program activities, ensure safety, and maintain the facility, which is integral to the organization's charitable operations.
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IRS990ScheduleL/DisqualifiedPersonExBnftTrGrp/TransactionCorrectedInd01
IRS990ScheduleL/DisqualifiedPersonExBnftTrGrp/TransactionDesc0Erroneous Title Transfer
IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt0In 2018, the organization purchased a residential property intended for use in furtherance of its exempt purposes. In 2023, due to an error by legal counsel, the property was titled in the name of the then-Executive Director, Lenny Simpson. Following Mr. Simpson's passing, the property was transferred to his wife, JoAnn Simpson, who is now serving as Executive Director.While titled in the name of Lenny and/or JoAnn Simpson, they lived on-site and managed operations, programs, and facility upkeep. The tennis court, central to youth programming, was actively used. Fair market rent was reported as other compensation to Mr. Simpson.Upon discovery of the error, JoAnn Simpson initiated corrective action, including working with legal counsel to transfer the deed back to the organization. The Board of Directors was informed and is overseeing the remediation process. The organization did not intend to confer a private benefit, and the individuals involved were unaware of the titling error at the time it occurred. The organization is committed to full compliance and transparency and is taking all necessary steps to correct the transaction and prevent recurrence.
IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule L, Part I
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A draft of the Form 990 is provided to select members of the Board of Directors for their review prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Board Members are required to disclose interests that could give rise to conflicts. In the event a conflict arises during the year, the Organization's conflict of interest policy requires that the individual not participate in deliberations and decisions regarding the transaction and abstain from voting. In some circumstances, the individual may be asked to leave the room when the matter is being discussed.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Documents required to be open for public inspection are available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, line 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxableDistributionsInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0794681
IRS990/TotalAssetsEOYAmt0743955
IRS990/TotalAssetsGrp/BOYAmt0794681
IRS990/TotalAssetsGrp/EOYAmt0743955
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0163131
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt09000
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt025611
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0144192
IRS990/TotalFunctionalExpensesGrp/TotalAmt0178803
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt035054
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt035054
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0759627
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0743955
IRS990/TotalOtherCompensationAmt020028
IRS990/TotalProgramServiceExpensesAmt0144192
IRS990/TotalReportableCompFromOrgAmt090000
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0163131
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt08
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0794681
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0743955
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01406 Orange Street
IRS990/USAddress/CityNm0Wilmington
IRS990/USAddress/StateAbbreviationCd0NC
IRS990/USAddress/ZIPCd028401
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0www.one-love-tennis.org
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JoAnn Simpson
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Director
ReturnHeader/BusinessOfficerGrp/PhoneNum09105209264
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-17
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Lenny Simpson Tennis and Education Fund
ReturnHeader/Filer/BusinessNameControlTxt0LENN
ReturnHeader/Filer/EIN0461952014
ReturnHeader/Filer/PhoneNum09105209264
ReturnHeader/Filer/USAddress/AddressLine1Txt01406 Orange Street
ReturnHeader/Filer/USAddress/CityNm0Wilmington
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd028401
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0561719839
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0EARNEY Accountants & Advisors PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0700 Military Cutoff Road Suite 250
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Wilmington
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd028405
ReturnHeader/PreparerPersonGrp/PhoneNum09102569995
ReturnHeader/PreparerPersonGrp/PreparationDt02025-11-17
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Joel French CPA
ReturnHeader/ReturnTs02025-11-20T13:13:31-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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