Capital Region Youth Tennis Foundation Inc
Nonprofit profile at a glance
- EIN
- 141733312
- IRS 990 coverage
- 2011–2024
- Forms available
- Form 990 2024
- Location
- Albany, NY, USA
- Phone
- 5184382039
- Rating
- 83
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Racquet Sports
Reported finances
- Revenue
- $1,006,300
- Expenses
- $572,433
- Assets
- $2,959,317
- Liabilities
- $20,742
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
18 people listed
Executive titles in this filing
- JONATHAN JONES (Vice President)
- MARGARET MALICKI (President)
Highest reported compensation
- AMBER MARINO (Executive Direc): $86,458 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The Organization is devoted to the improvement and enrichment of the lives of inner city youths through the use of tennis.
What it reported doing in 2024
Through free organized tennis instruction and off court counseling, 15 LOVE works with children in a loving, caring way on a variety of important issues. The program promotes education, emphasizes good health (both physical and emotional), instills positive values, supports family preservation, fosters multi-cultural relationships, advocates good sportsmanship, and encourages community service. The program operates on a year-round basis, serving youth throughout the Capital Region at indoor locations during the fall and winter months and outdoor locations during the summer months. Typically, over 7,000 kids participate in the program annually.15 LOVE is modeled after similar tennis programs founded by the late Arthur Ashe "to teach the game of life." The tennis great, who got his start on the public courts said: "We're involved in improving the odds for youth because we just don't have a choice. The price of not acting is too high."
Operating model
- Revenue model
- Donor-supported. 60% 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. Some filing-based governance responses are negative or unanswered and some filed totals do not add up.
Rating breakdown
- Financial Efficiency: 73
- Transparency & Controls: 86
- Accountability: 95
- Sustainability: 78
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 62.8%; rating input score 63
- Program expense ratio: 88.1%; rating input score 88
- Fundraising efficiency: $56.95 raised per $1 spent on fundraising; rating input score 80; 80th percentile among comparable filings
Transparency & Controls
- Consistency checks: 93.3%; rating input score 93; 22nd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 7 of 8 controls in place; rating input score 88
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 43.1%; rating input score 90; 90th percentile among comparable filings
- Total-asset coverage ratio: 5.17; rating input score 85; 85th percentile among comparable filings
- Liabilities to assets ratio: 0.01; rating input score 71; 71st percentile among comparable filings
- Officer compensation ratio: 15.1%; rating input score 23; 23rd percentile among comparable filings
Growth
- Program expense growth: 4.3% per year; rating input score 100; 39th percentile among comparable filings
- Revenue growth: 6% per year; rating input score 100; 49th percentile among comparable filings
- Asset growth: 10.3% per year; rating input score 100; 59th percentile among comparable filings
Details
- Where the money goes: 62.8% of revenue deployed · 88.1% of spending went to programs
- Governance: 18 of 18 board members independent · 7 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $505K in reported program spending
- Leadership: top reported pay $86K · 18 people listed
- Consistency: 25 of 26 current checks pass · 1 finding to review
- Schedules: 5 filed schedules · includes major donors
- Filing history: 14 filing years from 2011 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: Filed and resolved organization relationships.
- 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.
- Review — Accountability: Governance controls: Other executive compensation review process not reported.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- High — Sustainability: Officer compensation ratio scored 23/100.