Civic Intelligence

Montgomery County Tennis and Education Foundation Inc.

990 • Fiscal year 2015 • EIN 56-2550992

Jan 01, 2015 to Dec 31, 2015 • Filed on May 25, 2016

10319 Westlake Drive Room 397Bethesda, MD 20817

(301) 363-4400

Siviq Scores

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

Liabilities / Assets

55th percentile

0.00x

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

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

55th percentile

0.00x

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

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

54th percentile

5.0%

Higher net margin than 54% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

56th percentile

5.2%

Faster asset growth than 56% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

36th percentile

-8.3%

Faster revenue growth than 36% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Up

$30,116

Up $1,498 (+5.2%) from 2014

Net Assets

Up

$30,116

Up $1,498 (+5.2%) from 2014

Liabilities

Flat

$0

Flat from 2014

Revenue

Down

$29,668

Down $2,683 (-8.3%) from 2014

Expenses

Down

$28,170

Down $2,840 (-9.2%) from 2014

Net Income

Up

$1,498

Up $157 (+12%) from 2014

Historical Trend

Balance Sheet Trend

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

$80K$60K$40K$20K$0Assets 2011: $51,794Liabilities 2011: $0Net Assets 2011: $51,7942011Assets 2012: $35,277Liabilities 2012: $0Net Assets 2012: $35,2772012Assets 2013: $27,277Liabilities 2013: $0Net Assets 2013: $27,2772013Assets 2014: $28,618Liabilities 2014: $0Net Assets 2014: $28,6182014Assets 2015: $30,116Liabilities 2015: $0Net Assets 2015: $30,1162015Assets 2016: $27,620Liabilities 2016: $0Net Assets 2016: $27,6202016Assets 2017: $28,246Liabilities 2017: $0Net Assets 2017: $28,2462017Assets 2018: $56,394Liabilities 2018: $0Net Assets 2018: $56,3942018Assets 2019: $57,201Liabilities 2019: $0Net Assets 2019: $57,2012019Assets 2020: $76,476Liabilities 2020: $50Net Assets 2020: $76,4262020Assets 2022: $17,630Liabilities 2022: $0Net Assets 2022: $17,6302022Assets 2023: $50,963Liabilities 2023: $1,233Net Assets 2023: $49,7302023Assets 2024: $56,006Liabilities 2024: $66Net Assets 2024: $55,9402024

Highlighted filing

2015

Assets$30,116
Liabilities$0
Net Assets$30,116

Operations Trend

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

$100K$50K$0-$50K-$100KRevenue 2011: $27,385Expenses 2011: $18,212Net Income 2011: $9,1732011Expenses 2012: $28,2082012Revenue 2013: $20,858Expenses 2013: $28,858Net Income 2013: -$8,0002013Revenue 2014: $32,351Expenses 2014: $31,010Net Income 2014: $1,3412014Revenue 2015: $29,668Expenses 2015: $28,170Net Income 2015: $1,4982015Revenue 2016: $41,280Expenses 2016: $43,776Net Income 2016: -$2,4962016Revenue 2017: $54,484Expenses 2017: $53,858Net Income 2017: $6262017Revenue 2018: $85,084Expenses 2018: $56,936Net Income 2018: $28,1482018Revenue 2019: $90,109Expenses 2019: $89,302Net Income 2019: $8072019Revenue 2020: $55,307Expenses 2020: $36,082Net Income 2020: $19,2252020Revenue 2022: $16,584Expenses 2022: $68,188Net Income 2022: -$51,6042022Revenue 2023: $84,307Expenses 2023: $52,207Net Income 2023: $32,1002023Revenue 2024: $71,557Expenses 2024: $65,347Net Income 2024: $6,2102024

Highlighted filing

2015

Revenue$29,668
Expenses$28,170
Net Income$1,498
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
May 25, 2016
Return Version
2015v2.1
Gross Receipts
$29,668
Mission and Program Overview

Mission

Montgomery County Tennis Education Foundation MCTEF is committed to providing healthy recreational and educational opportunities to underserved Montgomery County youth using tennis as the vehicle to teach sportmanship, self-discipline, and a strong work ethic.

To provide healthy recreational and educational opportunities to underserved Montgomery County youth.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$28,618$30,116▲ $1,498
Total Assets$28,618$30,116▲ $1,498
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$28,618$30,116▲ $1,498
Total Net Assets Fund Balance$28,618$30,116▲ $1,498
Total Liabilities and Net Assets / Fund Balance$28,618$30,116▲ $1,498
Compensation and Service Providers

Board Members and Trustees

NameTitle
Paul SommersPresident
Carol KrommingaDirector
Darrell HainesDirector
Marjorie GoldmanDirector
Mark WitowskiDirector
Richard FogelDirector
Frank HattenTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$29,668
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$19,637
Change in Net Assets
$1,498
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$28,170
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$1,327--$1,327
Other Expenses$1,006--$1,006
Fees for Services Accounting-$400-$400
Information Technology-$140-$140
Office Expenses-$63-$63
Total Functional Expenses$27,567$603$0$28,170
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Montgomery County Tennis & Education Foundation Inc
EIN
56-2550992
Phone
3013634400
Address
10319 Westlake Drive Room 397, Bethesda, MD 20817

Signing Officer

Name
Frank Hatten
Title
Treasurer
Signed
2016-05-25
Discuss with paid preparer
Yes

Organization Details

Formed
2006
Legal Domicile
Md
Voting Board Members
7
Independent Board Members
7
Employees
0

Preparer

Firm
Denise Hovington LLC CPA
Address
15435 Bald Eagle Lane, Woodbridge, VA 22191
Preparer
Ellen D Hovington
Phone
7038780438
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D

Program Service Expenses 2,333, Grants and allocations 0, Revenue 19,637 Holiday fundraising MCTA and other donations

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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/TotalContributionsAmt029668
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0603
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt027567
IRS990/TotalFunctionalExpensesGrp/TotalAmt028170
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt028618
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt030116
IRS990/TotalOtherProgSrvcExpenseAmt02333
IRS990/TotalOtherProgSrvcRevenueAmt019637
IRS990/TotalProgramServiceExpensesAmt027567
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt029668
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt028618
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt030116
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0true
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt028618
IRS990/UnrestrictedNetAssetsGrp/EOYAmt030116
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt010319 Westlake Drive
IRS990/USAddress/CityNm0Bethesda
IRS990/USAddress/StateAbbreviationCd0MD
IRS990/USAddress/ZIPCd020817
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0HHTP://WWW.MCTEFOUNDATION.ORG
IRS990/WhistleblowerPolicyInd0false
ReasonableCauseExplanation/ExplanationTxt0We are requesting an abatement of penalty and interest for late filing of the return. We are requesting an abatement based on one-time penalty abatement forgiveness under IRS first-time penalty abatement waiver allowed. We filed the return within the due date of the return as soon as we realized it was not accepted electronically by the IRS. We normally adhere to due date filings and this
ReturnHeader/BuildTS02016-09-27 15:27:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0FRANK HATTEN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-05-25
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Montgomery County Tennis & Education Foundation Inc
ReturnHeader/Filer/BusinessNameControlTxt0MONT
ReturnHeader/Filer/EIN0562550992
ReturnHeader/Filer/PhoneNum03013634400
ReturnHeader/Filer/USAddress/AddressLine1Txt010319 Westlake Drive Room 397
ReturnHeader/Filer/USAddress/CityNm0Bethesda
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MD
ReturnHeader/Filer/USAddress/ZIPCd020817
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Denise Hovington LLC CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt015435 Bald Eagle Lane
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Woodbridge
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd022191
ReturnHeader/PreparerPersonGrp/PhoneNum07038780438
ReturnHeader/PreparerPersonGrp/PreparationDt02016-05-25
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Ellen D Hovington
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02016-05-25T12:51:04-00:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$56.0$0.07$55.9$71.6$65.3$6.21
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$51.0$1.23$49.7$84.3$52.2$32.1
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$17.6$0.00$17.6$16.6$68.2$51.6
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$76.5$0.05$76.4$55.3$36.1$19.2
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$57.2$0.00$57.2$90.1$89.3$0.81
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$56.4$0.00$56.4$85.1$56.9$28.1
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$28.2$0.00$28.2$54.5$53.9$0.63
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$27.6$0.00$27.6$41.3$43.8$2.50
2015Detailed filing. Detailed filing data is available for this year.$30.1$0.00$30.1$29.7$28.2$1.50
2014Detailed filing. Detailed filing data is available for this year.$28.6$0.00$28.6$32.4$31.0$1.34
2013Detailed filing. Detailed filing data is available for this year.$27.3$0.00$27.3$20.9$28.9$8.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$35.3$0.00$35.3$28.2
2011Summary only. Only limited summary data is available for this year.$51.8$0.00$51.8$27.4$18.2$9.17