5430 Kids Tennis Foundation
Nonprofit profile at a glance
- EIN
- 271058430
- IRS 990-EZ coverage
- 2014–2022
- Forms available
- Form 990-EZ 2022, Form 990-N 2011
- Location
- Boulder, CO, USA
- Phone
- 3034433568
- Rating
- 97
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Racquet Sports
Reported finances
- Revenue
- $27,352
- Expenses
- $33,788
- Assets
- $35,462
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2022. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- Duke Paluch (President)
- Kendall Chitambar (Vice President and Treasurer)
People named in this filing
- Duke Paluch (President)
- Halina Dziewit (Secretary)
- Kendall Chitambar (Vice President and 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 2022. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To promote and aid the development of elite and high performance junior tennis players, ages 18 and under, within the philosophy of the Rocky Mountain High Performance Tennis Foundation, in and around the Rocky Mountain region but specifically training in Boulder, CO. The primary focus is placed on affording motivated junior tennis players, beginners to advance, the opportunity to achieve their maximum potential. This goal will be facilitated through helping to fund individual player development in all aspects of the game, developing the utmost human potential of each player, coach education, and the promotion and development of high level tennis competition beginning at, but not limited to the junior level.
What it reported doing in 2022
5430 Kids Tennis is a Boulder based 501(c)(3) not for profit organization with the goal of increasing oppurtunities for young people of all backgrounds in the Colorado community to play, train, and compete to reach their potential in tennis. Our primary objective is to reduce finanical barriers for all children to play tennis
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 100
- Transparency & Controls: 100
- Sustainability: 39
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -23.5%; rating input score 23; 23rd percentile among comparable filings
- Total-asset coverage ratio: 1.05; rating input score 45; 45th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 69; 69th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 31.3% per year; rating input score 100; 87th percentile among comparable filings
- Revenue growth: 24.7% per year; rating input score 100; 90th percentile among comparable filings
- Asset growth: 10.8% per year; rating input score 100; 73rd percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $34K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Filing history: 9 filing years from 2014 to 2022
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Sustainability: Operating margin scored 23/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 45/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.