The Tennis Farm Inc

Nonprofit profile at a glance

EIN
260230092
IRS 990 coverage
2010–2016
Forms available
Form 990 2016
Location
Berwyn, PA, USA
Phone
6106474600
Rating
78
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Racquet Sports

Reported finances

Revenue
$6,704
Expenses
$9,664
Assets
$0
Liabilities
$231,263

Source: IRS Form 990. Selected filing: tax year 2016. Amounts in USD.

Leadership & pay

5 people listed

People named in this filing

  • Gordon Kuhn (Chairman)
  • Jeffrey Harrison (Director)
  • Phyllis Mascioli (Secretary)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2016. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Founded in 1973, The Tennis Farm has taught tennis instruction to more than 27,000 children and adults at seven branches - Pottstown, PA( The Hill School); Wayne, PA( Radnor High School); Philadelphia, PA(Friends Select School); Chestnut Hill, Philadelphia(Springside School & Chestnut Hill Academy); Wilmington Delaware( Sanford School); Middletowwn, Delaware( St Andrews School)and Morrestown, New Jersey( Moorestown High School. Originally for profit, The Tennis Farm became a Non-Profit in December, 2007 in order to maximize the number of children reached through the schools.Form 990, Part III, Line 2, New Program Services: During the summer of 2011, The Tennis Farm, Inc. provided over 60 hours of free tennis instruction to 40 Pottstown, PA underpriviledged 3rd, 4th & 5th graders. These children learned a lifetime sport and successfully competed in singles, doubles and team competitions. Surveys taken at the beginning and end showed positive results in conditioning: short and long distan

What it reported doing in 2016

See Mission Statement above for Winter Weekend Recreation Program

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

SUPPORTED - 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 program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 89
  • Transparency & Controls: 100
  • Accountability: 59
  • Sustainability: 22
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 100%; rating input score 100
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd 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: 80%; rating input score 80; 24th percentile among comparable filings
  • Governance controls: 2 of 7 controls in place; rating input score 29
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Fail
    • Audit committee oversight: Fail
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -44.2%; rating input score 29; 29th percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 62; 62nd percentile among comparable filings

Growth

  • Program expense growth: -47.8% per year; rating input score 0; 12th percentile among comparable filings
  • Revenue growth: -25.9% per year; rating input score 0; 21st percentile among comparable filings
  • Asset growth: -3.3% per year; rating input score 0; 32nd percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 100% of spending went to programs
  • Governance: 4 of 5 board members independent · 2 of 7 filing controls reported
  • Programs: 3 filed program accomplishments · $10K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 16 of 16 current checks pass
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 7 filing years from 2010 to 2016
  • Contacts: How to reach this organization
  • 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 — Accountability: Governance controls: 5 of 7 not reported.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 29/100.
  • High — Sustainability: Total-asset coverage ratio scored 2/100.
  • High — Growth: Asset growth scored 0/100.