Washington Tennis & Education Foundation East Inc

Nonprofit profile at a glance

EIN
454066642
IRS 990 coverage
2012–2019
Forms available
Form 990 2019
Location
Washington, DC, USA
Phone
2022919888
Rating confidence
Limited
Sector
Racquet Sports

Reported finances

Revenue
$0
Expenses
$86,751
Assets
$0
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2019. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • RICHARD AGUGLIA (PRESIDENT)
  • REBECCA CROUCH-PELHAM (WTEF PRESIDENT)

Highest reported compensation

  • REBECCA CROUCH-PELHAM (WTEF PRESIDENT): $59,900 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2019. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Washington tennis & education foundation east was formed to serve as a supporting foundation described in internal revenue code section 509(a)(3) solely for the benefit of the Washington tennis & education foundation, a district of columbia nonprofit corporation which qualifies under internal revenue code section 501(c)(3) and 509(a)(2).

What it reported doing in 2019

Washington tennis & education foundation east, inc. (wtef east) leases property from the district of columbia on which it has constructed a tennis education center. Wtef east has a 30-year lease agreement to lease office space and facilities at the center to wtef to house programs that serve at risk children.

Operating model

Revenue model
No positive adjusted resources. The filing reports no positive adjusted operating resources.
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

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: 75
  • Transparency & Controls: 90
  • Accountability: 84
  • Sustainability: 3
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • 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: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd 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: Pass
    • CEO compensation review process: Fail
    • 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: Limited
  • Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 6.8%; rating input score 19; 19th percentile among comparable filings

Growth

  • Program expense growth: -11.9% per year; rating input score 0; 30th percentile among comparable filings
  • Revenue growth: 29.4% per year; rating input score 100; 96th percentile among comparable filings
  • Asset growth: -9.8% per year; rating input score 0; 16th percentile among comparable filings

Details

  • Where the money goes: 100% of spending went to programs
  • Governance: 3 of 3 board members independent · 5 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $87K in reported program spending
  • Leadership: top reported pay $60K · 4 people listed
  • Consistency: 11 of 11 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 8 filing years from 2012 to 2019
  • Contacts: How to reach this organization
  • Related organizations: 1 filed related-organization link
  • 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 — Sustainability: Total-asset coverage ratio scored 2/100.
  • Review — Accountability: Governance controls: 2 of 7 not reported.
  • High — Growth: Program expense growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 19/100.
  • High — Growth: Asset growth scored 0/100.