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Xs Tennis And Education Foundation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 261734791 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

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Overview

What is Xs Tennis And Education Foundation?

The Xs Tennis and Education Foundation, located at 5336 South State Street, Chicago, Illinois, is a dedicated nonprofit organization with a mission to uplift Chicago's underprivileged youth. By offering a community-based tennis and academic enrichment program, the foundation provides a nurturing, secure environment that encourages these young individuals to pursue higher education. This comprehensive approach aims to create a positive and constructive pathway for their future. With a team of 12 dedicated employees, Xs Tennis and Education Foundation is committed to empowering Chicago's underserved youth.


Official website here: www.xstennis.org

What are the reviews and ratings of this charity?

Charity Navigator rating: 41%, Zero-Star out of Four Star rating.

The Xs Tennis and Education Foundation has received a low score of 41%, resulting in a Zero-Star rating primarily based on its Accountability & Finance metrics. While it demonstrates strength in having an independent board and policies in place for conflicts of interest and whistleblowers, it lacks adequate financial transparency, as evidenced by missing financial statements. The high liabilities to assets ratio further raises concerns about financial health.

Despite the low rating, the foundation has garnered positive feedback from individuals involved with its mission. A volunteer highlighted the organization's impactful work and strong team, showcasing a positive perception among those directly engaged with the nonprofit. This suggests that while the financial aspects may need improvement, the organization's mission resonates well with its partners and supporters.

Overall, while Xs Tennis and Education Foundation has a commendable mission and dedicated team, it faces significant challenges in financial accountability and transparency. Improvement in these areas could enhance its credibility and support from the broader community.


This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.

Is Xs Tennis And Education Foundation legitimate?

Xs Tennis And Education Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Xs Tennis And Education Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $614,563

For more financial information, click here


Official website here: www.xstennis.org

What is the mission statement of Xs Tennis And Education Foundation?

The Xs Tennis and Education Foundation aims to offer Chicago's underprivileged youth a nurturing and secure environment, providing them with a constructive pathway towards college. This is achieved through a community-driven tennis and academic enrichment program. The mission of the foundation is to empower these young individuals, enabling them to maximize their potential and secure higher education opportunities.


Official website here: www.xstennis.org

Who is the CEO of Xs Tennis And Education Foundation?

Kamau Murray is the Executive Director of Xs Tennis And Education Foundation.


Official website here: www.xstennis.org

What is the revenue of Xs Tennis And Education Foundation?

Xs Tennis And Education Foundation's revenue in 2022 was $3,712,783.


Official website here: www.xstennis.org

Who are the executives of Xs Tennis And Education Foundation and what are their salaries?

The average compensation at Xs Tennis And Education Foundation during 2022 was $51,214. There are 12 employees and 6 volunteers at Xs Tennis And Education Foundation.


Here are 6 key members and their salaries:


Kamau Murray (Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lolita Preston (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jassand Parker (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicole Kenner (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dennis Gates (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephanie Mcclean (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.xstennis.org

Where can I find the form 990 for Xs Tennis And Education Foundation?

Xs Tennis And Education Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.xstennis.org

Learn more at the official website: www.xstennis.org

Mission Statement of Xs Tennis And Education Foundation

The Xs Tennis and Education Foundation, shortened as XSTEF, is committed to providing a nurturing and enriching environment for Chicago's underserved youth. Their mission is to offer these young individuals a safe haven and a positive pathway towards higher education. This is achieved through a community-based tennis and academic enrichment program. By combining the physical and intellectual aspects of tennis with academic support, XSTEF aims to empower these youth and equip them with the necessary tools to attend college.

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Impact




October, 2024

Xs Tennis and Education Foundation positively impacts Chicago's underserved youth by creating a safe and enriching environment where they can thrive. Through a community-based tennis program combined with academic enrichment, the foundation opens pathways to higher education for young people, offering them opportunities that might otherwise be inaccessible. Participants gain not only athletic skills but also essential academic support, fostering personal growth, discipline, and teamwork. This holistic approach not only enhances their athletic abilities but also prepares them for successful futures, contributing to both individual development and the broader community. By nurturing talent and providing resources, Xs Tennis and Education Foundation plays a crucial role in shaping the lives of young people in Chicago.




This information is meant to be a general summary of Xs Tennis And Education Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$3,712,783 (2022)
Expenses
$4,075,507 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $11
  • Program Service Revenue: $2,191,975
  • Gross Receipts: $3,712,783

Assets and Liabilities:

  • Total Assets: $21,712,981
  • Total Liabilities: $20,141,271
  • Net Assets: $1,571,710

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Tennis Instruction and Youth Recreational

Revenue

$1,828,770

Tennis Tournaments

Revenue

$363,205

Organization Details

Founding Year

2005

Principal Officer

Kamau Murray

Main Address

5336 South State Street, Chicago, IL, 60609

NTEE Category

Code: N66 - Recreation

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