Todd Martin Development Fund

Nonprofit profile at a glance

EIN
810583592
IRS 990 coverage
2015–2025
Forms available
Form 990 2025, Form 990-EZ 2010
Location
Lansing, MI, USA
Phone
5174834021
Rating
84
Verdict
STRONG
Rating confidence
Moderate
Sector
Youth Development Programs

Official website

Reported finances

Revenue
$663,940
Expenses
$658,648
Assets
$220,644
Liabilities
$97,926

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

Leadership & pay

19 people listed

Executive titles in this filing

  • AMANDA FISHER (VICE PRESIDENT)
  • DAVID SWAN (PRESIDENT)
  • REBECCA SWAN JOHNSON (EXECUTIVE DIRECTOR)

Highest reported compensation

  • REBECCA SWAN JOHNSON (EXECUTIVE DIRECTOR): $87,531 total reported compensation

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

Overview

Mission

To prepare young people, especially those from under-resourced families and communities, for success as individuals and as active, responsible citizens through innovative tennis, education, life skills, and leadership development programming.

What it reported doing in 2025

Riddle after school program - tmyl partnered with riddle elementary school to provide after school programming three days a week for two hours each day serving 45 youth. Programming is focused on tennis, academic support, and life skills.letts weekday tennis - week-day tennis programming serving 29 youth ages 6-10. These programs utilize modified tennis balls, smaller racquets, and smaller court dimensions to provide a successful learning experience and lots of fun for players. Ball, racquet and court transitions are based on a natural progression in technique, skill, athleticism, and age.outreach programs with the lansing school district - 1,553 students participated in a variety of tennis and life skills programs, including lunch time tennis, gym classes, and mid-day movers.

Operating model

Revenue model
Donor-supported. 78% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 97% 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.
  • Includes noncash contributions: Reported contributions include donated property or goods.

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 expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 73
  • Transparency & Controls: 94
  • Accountability: 100
  • Sustainability: 25
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 78.8%; rating input score 79
  • Program expense ratio: 79.3%; rating input score 79
  • Fundraising efficiency: $8.01 raised per $1 spent on fundraising; rating input score 28; 28th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 78th 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; 64th 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: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 0.8%; rating input score 33; 33rd percentile among comparable filings
  • Total-asset coverage ratio: 0.33; rating input score 17; 17th percentile among comparable filings
  • Liabilities to assets ratio: 0.44; rating input score 14; 14th percentile among comparable filings
  • Officer compensation ratio: 13.3%; rating input score 28; 28th percentile among comparable filings

Growth

  • Program expense growth: 17.1% per year; rating input score 100; 75th percentile among comparable filings
  • Revenue growth: 11.8% per year; rating input score 100; 66th percentile among comparable filings
  • Asset growth: 12.2% per year; rating input score 100; 62nd percentile among comparable filings

Details

  • Where the money goes: 78.8% of revenue deployed · 79.3% of spending went to programs
  • Governance: 15 of 15 board members independent · 8 of 8 filing controls reported
  • Programs: 3 filed program accomplishments · $523K in reported program spending
  • Leadership: top reported pay $88K · 19 people listed
  • Consistency: 30 of 30 current checks pass
  • Schedules: 6 filed schedules · includes major donors and grants
  • Filing history: 11 filing years from 2015 to 2025
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • 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.

  • High — Financial Efficiency: Fundraising efficiency scored 28/100.
  • Moderate — Sustainability: Operating margin scored 33/100.
  • High — Sustainability: Total-asset coverage ratio scored 17/100.
  • High — Sustainability: Liabilities to assets ratio scored 14/100.
  • High — Sustainability: Officer compensation ratio scored 28/100.