Oklahoma Tennis Foundation

Nonprofit profile at a glance

EIN
453771938
IRS 990 coverage
2020–2025
Forms available
Form 990 2025, Form 990-N 2019
Location
Edmond, OK, USA
Rating
81
Verdict
STRONG
Rating confidence
Moderate
Sector
Racquet Sports

Reported finances

Revenue
$235,013
Expenses
$432,843
Assets
$428,164
Liabilities
$152,231

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

18 people listed

Executive titles in this filing

  • CARMEN BOND (EXECUTIVE DIRECTOR)
  • MARY JO TASKER (PRESIDENT)
  • LISA MINIHAN (VICE PRESIDENT)

Highest reported compensation

  • CARMEN BOND (EXECUTIVE DIRECTOR): $76,667 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

OK Tennis Foundation changes lives across Oklahoma by sharing tennis and promoting education, providing grants and scholarships, supporting organizations and programs that enhance lives through tennis, and celebrating and promoting tennis throughout Oklahoma communities.

What it reported doing in 2025

The Oklahoma Tennis Foundation expands access to tennis through free outreach clinics and community partnerships across Oklahoma. Volunteer Oklahoma Tennis Hall of Fame members, tennis professionals, and community partners introduce youth to the sport through free instruction, mentorship, and equipment while promoting confidence, healthy lifestyles, and positive community connections. Outreach efforts also include partnerships that support Special Olympics Oklahoma, helping maintain tennis as an official sport, and collaboration with USTA Oklahoma to establish the Oklahoma Tennis Hall of Fame at Edmond Center Court. These activities advance the Foundations mission of promoting tennis and education while making the sport more accessible to communities across Oklahoma. During the reporting period, the Foundation hosted seven outreach clinics, serving approximately 226 children. Key partnerships included Special Olympics Oklahoma and USTA Oklahoma, further strengthening opportunities for participation and growth in the sport throughout the state.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Grant intermediary. The nonprofit sent 83% of its reported program spending out as grants.

The verdict

STRONG - 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 some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 81
  • Transparency & Controls: 88
  • Accountability: 84
  • Sustainability: 17
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 72.8%; rating input score 73
  • Fundraising efficiency: $1.97 raised per $1 spent on fundraising; rating input score 9; 9th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 92.3%; rating input score 92; 24th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 81st percentile among comparable filings
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 5 of 8 controls in place; rating input score 62
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Fail
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -84.2%; rating input score 2; 2nd percentile among comparable filings
  • Total-asset coverage ratio: 0.99; rating input score 41; 41st percentile among comparable filings
  • Liabilities to assets ratio: 0.36; rating input score 11; 11th percentile among comparable filings
  • Officer compensation ratio: 17.7%; rating input score 20; 20th percentile among comparable filings

Growth

  • Program expense growth: 19.8% per year; rating input score 100; 83rd percentile among comparable filings
  • Revenue growth: 8.2% per year; rating input score 100; 63rd percentile among comparable filings
  • Asset growth: 9.1% per year; rating input score 100; 60th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 72.8% of spending went to programs
  • Governance: 18 of 18 board members independent · 5 of 8 filing controls reported
  • Programs: 3 filed program accomplishments · $315K in reported program spending
  • Leadership: top reported pay $77K · 18 people listed
  • Consistency: 27 of 28 current checks pass · 1 finding to review
  • Schedules: 6 filed schedules · includes grants
  • Filing history: 5 filing years from 2020 to 2025
  • Contacts: How to reach this organization
  • Money network: 26 filed money-flow records
  • Related organizations: 25 filed related-organization links
  • 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.

  • High — Financial Efficiency: Fundraising efficiency scored 9/100.
  • Review — Accountability: Governance controls: 2 of 7 not reported.
  • High — Sustainability: Operating margin scored 2/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 41/100.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • High — Sustainability: Liabilities to assets ratio scored 11/100.
  • High — Sustainability: Officer compensation ratio scored 20/100.