Civic Intelligence

The Cincinnati Tennis Foundation

990 • Fiscal year 2024 • EIN 47-3682420

Jan 01, 2024 to Dec 31, 2024 • Filed on May 01, 2025

3280 Hardisty AveCincinnati, OH 45208

(317) 669-0473

Siviq Scores

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

Liabilities / Assets

23rd percentile

0.00x

Higher debt load relative to assets than 23% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

22nd percentile

0.00x

Higher debt load relative to revenue than 22% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

94th percentile

68%

Higher net margin than 94% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

95th percentile

99%

Faster asset growth than 95% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

90th percentile

97%

Faster revenue growth than 90% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$1,601,284

Up $797,831 (+99%) from 2023

Net Assets

Up

$1,599,150

Up $795,697 (+99%) from 2023

Liabilities

Up

$2,134

Up $2,134 from 2023

Revenue

Up

$1,170,541

Up $575,617 (+97%) from 2023

Expenses

Up

$372,487

Up $57,030 (+18%) from 2023

Net Income

Up

$798,054

Up $518,587 (+186%) from 2023

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 2020: $141,275Liabilities 2020: $3,267Net Assets 2020: $138,0082020Assets 2021: $302,457Liabilities 2021: $0Net Assets 2021: $302,4572021Assets 2022: $490,013Liabilities 2022: $1,061Net Assets 2022: $488,9522022Assets 2023: $803,453Liabilities 2023: $0Net Assets 2023: $803,4532023Assets 2024: $1,601,284Liabilities 2024: $2,134Net Assets 2024: $1,599,1502024

Highlighted filing

2024

Assets$1,601,284
Liabilities$2,134
Net Assets$1,599,150

Operations Trend

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

$1.5M$1.0M$500K$0Revenue 2020: $123,542Expenses 2020: $72,480Net Income 2020: $51,0622020Revenue 2021: $301,240Expenses 2021: $136,791Net Income 2021: $164,4492021Revenue 2022: $400,739Expenses 2022: $213,774Net Income 2022: $186,9652022Revenue 2023: $594,924Expenses 2023: $315,457Net Income 2023: $279,4672023Revenue 2024: $1,170,541Expenses 2024: $372,487Net Income 2024: $798,0542024

Highlighted filing

2024

Revenue$1,170,541
Expenses$372,487
Net Income$798,054
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 1, 2025
Return Version
2024v5.1
Gross Receipts
$1,289,621
Mission and Program Overview

Mission

Using tennis and education as a vehicle to positively impact lives. Create a growth mindset and build character through sports and education.

The Cincinnati Tennis Foundation is a 501(c)(3) nonprofit organization dedicated to using tennis and education to create Life Champions. We believe that sports, and in particular the lessons learned in racquet sports, can transform lives.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$114,400$1,489,713▲ $1,375,313
Cash and Non-Interest-Bearing Accounts$689,053$111,571▼ $577,482
Total Assets$803,453$1,601,284▲ $797,831
Liabilities
Accounts Payable and Accrued Expenses$0$2,134▲ $2,134
Total Liabilities$0$2,134▲ $2,134
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$803,453$1,599,150▲ $795,697
Total Net Assets Fund Balance$803,453$1,599,150▲ $795,697
Total Liabilities and Net Assets / Fund Balance$803,453$1,601,284▲ $797,831
Compensation and Service Providers

Board Members and Trustees

NameTitle
Josh HellerBoard President
Jenn FaigleDirector
Jerron GrayDirector
Jerry HowardDirector
John WilliamsDirector
Mario ContardiDirector
Mark AlexanderDirector
Peggy HoganDirector
Rob BakerDirector
Srini AnnapantulaDirector
Talicia McNealyDirector
Maggie BrownCommunication Committee Lead
Debbie BrooksFinance Committee Lead
Peter FreyFundraising Committee Lead
Revenue and Support

Revenue Composition

Contributions and Grants
$1,211,641
Program Service Revenue
$0
Investment Income
$75,005
Other Revenue
$-116,105
All Other Contributions
$918,694
Change in Net Assets
$798,054
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$287,355
Other Expenses$81,214
Grants and Similar Amounts Paid$3,918
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$227,583$37,800-$265,383
Payroll Taxes$21,972--$21,972
Fees for Services Management-$11,376-$11,376
Office Expenses$6,820$2,170-$8,990
Occupancy$2,945$4,541-$7,486
Conferences and Meetings$6,926$455-$7,381
Travel$6,958--$6,958
Other Expenses$8,076$4,003-$4,003
Grants to Domestic Individuals$3,918--$3,918
Insurance$789$1,388-$2,177
Advertising$1,434--$1,434
Fees for Services Accounting$200--$200
All Other Expenses$1,274$-2,083-$-809
Total Functional Expenses$312,837$59,650$0$372,487
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$119,080
Fundraising Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Serve Cincinnati$82,410-$8,995-
Golf Outing$36,151-$2,422-
Total Events$292,947-$119,080$-119,080
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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

Form 990 is reviewed at a board meeting prior to filing.

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

Directors are asked to maintain independency and to continually self-evaluate for conflicts at which time are presented to the board.

Form 990, Part VI, Section C, line 19

Available upon request

Part VI, Section B, Line 11B

Form 990 is reviewed at a board meeting prior to filing.

Part VI, Section B, Line 12C

Directors are asked to maintain independence and to continually self-evaluate for conflicts at which time are presented to the board.

Part VI, Section C, Line 19

Available upon request

Filing and Contact Details

Filer

Filer Name
Fast Cta
EIN
47-3682420
Phone
3176690473
Address
3280 Hardisty Ave, Cincinnati, OH 45208
Doing Business As
Cincinnati Tennis Foundation

Signing Officer

Name
Josh Heller
Title
President
Phone
3176690473
Signed
2025-05-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Josh Heller
Formed
2015
Legal Domicile
Oh
Voting Board Members
14
Independent Board Members
13
Employees
17
Volunteers
225

Preparer

Firm
Matthew J Ackermann CPA Inc
Address
405 McDowell Street, Cincinnati, OH 45226
Preparer
Matthew J Ackermann
Phone
5135034004
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IRS990/Desc0School and Community Outreach: This year CTF visited 23 Cincinnati schools and introduced tennis and pickleball to 3375 students. Partnering with the USTA, each school recieves an equipment package to keep and curriculum to continue delivering the sport. Every student is given the oppertunity to continue playing year round in free or scholarshipped programs with CTF. During 2024, over 100 players joined from gym class programs into year round development programs so they can continue these healthy, lifelong sports. Starting young athletes in a school team environment is important to us and 16 teams participated in our 1-6th grade tennis and pickleball leagues. In addition, CTF conducted a train the trainer for over 70 local teachers to provide them the skills and resources to bring tennis and pickleball to able bodied and adaptive athletes in their schools. Tennis has traditionally been a financially and geographically inaccessible sport and programs like this allow students from all backgrounds an oppertunity to start on the pathway.
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IRS990/ProgSrvcAccomActy2Grp/Desc0Performance Tennis: In addition to the 3,375 students we saw at schools and parks, 1,484 players came to CTF led programs at our sites. Players participated in all aspects of the sports pathways including Try Days, team play, tournaments and performance instruction. The estimated total cost is $385k to develop a junior player from ages 5 to 18. We provide hours of free performance training, $301,800 dollars of scholorshipped training, $33,700 of grants and scholarships for tournament travel and $62,500 of equipment. 2024 was a great year for our Performance juniors (called the Excellence Team), and supported players won sevelar state titles, National Gold Balls, and achieved college scholarships.
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IRS990/ProgSrvcAccomActy3Grp/Desc0CTF in the Classroom: Fulfilling our mission to create life champions we support our players with educational oppertunities on and off the court. Each session on court is supported with character building curriculum. Off the court, the lessons synch with literacy curriculum developed by Xavier University educators that incorporates the weekly character theme in to reading and activity assignemnts. Summer camp participants track reading comprehension progress using ReadWorks, math fact improvements with Xtramath and social emotional learning with Hello insight. Summer camp participants showed 5% reading improvements at grade level, 16% improvement with math facts and top scores with social emotional improvements. Compared to an average summer slide loss of 20-30% each year, we are so proud of these results. Over 450 players opted into our educational programs in 2024.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt072737
IRS990/ProgSrvcAccomActy3Grp/GrantAmt05418
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt018785
IRS990/ProgSrvcAccomActyOtherGrp/Desc0Wheelchair and Adaptive Sports: CTF programmed over 200 hours of play for wheelchair and adaptive athletes in 2024. This includes ongoing instruction for wheelchair tennis, parastanding tennis, adaptive, blind and visually impaired tennis, monthly pickleball programs and seasonal instruction for all athletes. Special events include our Midwest Junior Wheelchair Tennis camp for players across the Midwest and our 6th annual Cincinnati Wheelchair Tennis Open with athletes coming from across the country. Local partnerships include Cincinnati Children's Hospital's be.well program and The Bridge Adapaptive Sports. CTF also helped to support and develop the 2024 NCAA Wheelchair Tennis Finalist and has begun building a parastanding tennis program, for players with disabilities who do not want to play in a wheelchair. Kendra Herber, who helped to launch this program this year, has now earned the title of North American Parastanding Doubles Champion!
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt055071
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt017515
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0525662
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt012500
IRS990/PYInvestmentIncomeAmt013032
IRS990/PYOtherExpensesAmt00
IRS990/PYOtherRevenueAmt0-53307
IRS990/PYProgramServiceRevenueAmt0109537
IRS990/PYRevenuesLessExpensesAmt0391444
IRS990/PYSalariesCompEmpBnftPaidAmt0190980
IRS990/PYTotalExpensesAmt0203480
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0594924
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0798054
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt015968
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0114400
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01489713
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0918694
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0525662
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0331934
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0230035
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0123542
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt02129867
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt075005
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0-9
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt074996
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0292946
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt071205
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0364151
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt075005
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0-9
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt074996
IRS990ScheduleA/InvestmentIncomeCYPct00.02920
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt02975
IRS990ScheduleA/OtherIncome509Grp/TotalAmt02975
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.96970
IRS990ScheduleA/PublicSupportTotal509Amt02494018
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01211640
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0525662
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0331934
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0301240
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0123542
IRS990ScheduleA/Total509Grp/TotalAmt02494018
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01289620
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0525662
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0331925
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0301240
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0123542
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02571989
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/ScheduleBRequiredInd01
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt0292947
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt036151
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt082410
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriOtherEventsAmt0174386
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt0119080
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Golf Outing
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0Serve Cincinnati
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent2Amt024004
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageOtherEventsAmt03478
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt027482
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt036151
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt082410
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt0174386
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0292947
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-119080
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt072069
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt083486
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt02422
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt08995
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt04
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt06759
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent2Amt01353
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt08112
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt03918
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0Individual Grants
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt023
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0Records maintained by the organization.
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt1Purpose: Individual Grants Number of recipients: 23 How numer of recipients was estiamted: Actual
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Part 1, line 2
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc1part III column (b)
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Form 990 is reviewed at a board meeting prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Directors are asked to maintain independency and to continually self-evaluate for conflicts at which time are presented to the board.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Available upon request
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Form 990 is reviewed at a board meeting prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Directors are asked to maintain independence and to continually self-evaluate for conflicts at which time are presented to the board.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Available 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
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Part VI, Section C, Line 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0OH

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