Usta Texas Tennis Foundation

Nonprofit profile at a glance

EIN
742182394
IRS 990-EZ coverage
2023–2024
Forms available
Form 990-EZ 2024, Form 990-N 2022
Location
Austin, TX, USA
Rating
85
Verdict
STRONG
Rating confidence
Moderate

Official website

Reported finances

Revenue
$84,151
Expenses
$55,290
Assets
$436,654

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

Leadership & pay

3 people listed

Executive titles in this filing

  • KEVIN COLLINS (PRESIDENT)

People named in this filing

  • FRED VIANCOS (EXECUTIVE DI)
  • KEVIN COLLINS (PRESIDENT)
  • CAROL WELDER (DIRECTOR)

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

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

Overview

Mission

The mission of usta Texas tennis foundation is to change lives and build communities through tennis and educational opportunities.

What it reported doing in 2024

Senior scholarships - merit, need-based scholarships for students who are us citizens, live within the usta Texas section and have an interest in tennis. Scholarship support provides students an opportunity to obtain a college education without incurring some of the financial hardships that can come with earning a degree.

Operating model

Revenue model
Donor-supported. 82% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 100% 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. Program spending has declined or grown slowly and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 81
  • Transparency & Controls: 100
  • Sustainability: 73
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 70.7%; rating input score 71
  • Program expense ratio: 98%; rating input score 98

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 34.3%; rating input score 84; 84th percentile among comparable filings
  • Total-asset coverage ratio: 7.9; rating input score 90; 90th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -16.3% per year; rating input score 0; 21st percentile among comparable filings
  • Revenue growth: -5% per year; rating input score 0; 34th percentile among comparable filings
  • Asset growth: 6.8% per year; rating input score 100; 64th percentile among comparable filings

Details

  • Where the money goes: 70.7% of revenue deployed · 98% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $54K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 2 filing years from 2023 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • 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 — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.