Israel Tennis Centers Foundation Inc

Nonprofit profile at a glance

EIN
132961273
IRS 990 coverage
2012–2024
Forms available
Form 990 2024
Location
New York, NY, USA
Phone
2127849200
Rating
74
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
International Development

Official website

Reported finances

Revenue
$8,427,893
Expenses
$7,679,910
Assets
$26,773,991
Liabilities
$1,072,621

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

54 people listed

Executive titles in this filing

  • GERALD MILLMAN (FOUNDATION VICE PRESIDENT)

Highest reported compensation

  • JONATHAN YAIR (SENIOR VP FOR DEVELOPMENT): $300,000 total reported compensation
  • MARCY GUTTMAN (VP DEVELOPMENT): $154,794 total reported compensation
  • REGINA KHAIMOVA (CONTROLLER): $133,979 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Israel tennis & education centers foundation transforms the lives of vulnerable children in israel, creating opportunities for a brighter future. We offer much needed support to 20,000 children annually, of all faiths, many living on or below the poverty level, by educating and empowering them through academic enrichment, sports and mentoring, igniting hope and opening pathways to a successful future for them and for israel. Our 15 centers throughout israel are intentionally located in underprivileged neighborhoods. Itec truly embodies inclusion and unity in a region where this model of ethnic integration is rare. In these safe and nurturing environments, each and every child is offered an equal opportunity to play, dream, learn and make friends within a peaceful community.

What it reported doing in 2024

The itec has made an outsized impact on the country, the communities surrounding each of the centers, the teachers, the coaches, and the families of over half a million children.the most significant program accomplishments supported at the israel tennis and educations centers include resources sent to israel to provide scholarships to underserved, underpriviledged and at risk youth to participate in social impact programs and after school sports programs that utilize tennis and educational enrichment to teach life skills, develop the children's character and graduate high school, serve in the idf and then acquire their university education and/or develop a profession. The foundation supports programs for youth including coexxistence, special needs, english language fluency, obesity prevention for children, girls empowerment and junior tennis development. Support also maintains the integrity and safety of the centers' physical plants. The foundation also works closely with the itec in developing programs in israel, educating both in israel and in the u.s. About the programs, as well as replicating the itec model programs in other u.s. Institutions. The foundation also expands awareness of itec programs to increase involvement and support.

Operating model

Revenue model
Donor-supported. 91% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 81% of its reported program spending out as grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 62
  • Transparency & Controls: 71
  • Accountability: 100
  • Sustainability: 63
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 68.9%; rating input score 69
  • Program expense ratio: 67.5%; rating input score 67
  • Fundraising efficiency: $4.82 raised per $1 spent on fundraising; rating input score 16; 16th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 2 of 6 controls in place; rating input score 33
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: 2 of 8 controls in place; rating input score 25
    • Claims monitoring procedures: Pass
    • Requires narrative reports: Limited
    • Conducts field audits: Limited
    • May suspend future funding: Limited
    • Requires financial reports: Limited
    • Conducts site visits: Limited
    • Requires grant agreements: Pass
    • May require repayment: Limited
  • Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
  • 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: 8 of 8 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 8.9%; rating input score 60; 60th percentile among comparable filings
  • Total-asset coverage ratio: 3.49; rating input score 77; 77th percentile among comparable filings
  • Liabilities to assets ratio: 0.04; rating input score 73; 73rd percentile among comparable filings
  • Officer compensation ratio: 10.3%; rating input score 29; 29th percentile among comparable filings

Growth

  • Program expense growth: 1.5% per year; rating input score 100; 19th percentile among comparable filings
  • Revenue growth: 3.9% per year; rating input score 100; 33rd percentile among comparable filings
  • Asset growth: 0.7% per year; rating input score 100; 15th percentile among comparable filings

Details

  • Where the money goes: 68.9% of revenue deployed · 67.5% of spending went to programs
  • Governance: 49 of 49 board members independent · 8 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $5.2M in reported program spending
  • Leadership: top reported pay $300K · 54 people listed · 2 of 6 pay-setting controls reported
  • Consistency: 40 of 40 current checks pass
  • Schedules: 7 filed schedules · includes major donors, foreign activity, and executive pay
  • Filing history: 12 filing years from 2012 to 2024
  • Contacts: How to reach this organization
  • Money network: 5 filed money-flow records
  • 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.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Fundraising efficiency scored 16/100.
  • High — Sustainability: Officer compensation ratio scored 29/100.