Overview
What is Usta Midwest Tennis & Education Foundation Inc?
Usta Midwest Tennis & Education Foundation Inc, based in Indianapolis, Indiana, is a dedicated nonprofit organization with a mission to support and foster tennis among both youth and adults. Their goal is to expand opportunities for participants from diverse cultural and ethnic backgrounds, ensuring that tennis becomes an enjoyable and beneficial lifelong activity. The foundation plays a crucial role in shaping the lives of these individuals by promoting health, leadership, education, and self-esteem via tennis. Moreover, they support initiatives aimed at creating positive environments for at-risk youth and helping them achieve their highest potential in tennis and education. With a workforce of six individuals, Usta Midwest Tennis & Education Foundation Inc is committed to making a meaningful impact in its community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 93% (Four-Star out of Four Star rating)
The USTA Midwest Tennis & Education Foundation Inc has achieved a commendable 93% rating from Charity Navigator, indicating strong performance in accountability and transparency. The organization boasts a perfect score of 100 in both Culture & Community and Equity Strategies, showcasing its commitment to fostering an inclusive environment and community engagement. The board is entirely independent, which enhances its governance and decision-making processes.
Strengths identified in the evaluation include a robust structure with an independent board comprising 15 members, effective financial oversight mechanisms, and comprehensive policies addressing conflict of interest and whistleblower protections. The foundation also has a favorable liabilities to assets ratio of 31.07%, reflecting a sound financial position. Additionally, 68.45% of its expenses are directed towards programs, indicating a strong focus on mission-related activities.
While the foundation exhibits notable strengths, it is essential for potential donors and stakeholders to consider the overall financial health and program efficiencies. The program expense ratio, while substantial, suggests room for improvement to enhance the impact of their initiatives. Overall, the USTA Midwest Tennis & Education Foundation demonstrates a commitment to effective governance and community-oriented programming.
This AI summary has been generated from information found on Charity Navigator.
Is Usta Midwest Tennis & Education Foundation Inc legitimate?
Usta Midwest Tennis & Education Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Usta Midwest Tennis & Education Foundation Inc 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: $135,504
For more financial information, click here
What is the mission statement of Usta Midwest Tennis & Education Foundation Inc?
The Usta Midwest Tennis & Education Foundation Inc's mission is centered around four key areas. Firstly, it aims to offer tennis opportunities to youth from diverse cultural and ethnic backgrounds. Secondly, it strives to foster youth tennis as an enjoyable and beneficial lifetime sport, contributing to health, leadership, education, and self-esteem. Thirdly, the foundation supports programs that create positive environments for at-risk youth. Lastly, it endeavors to help these youth achieve their highest potential in tennis and education.
Who is the CEO of Usta Midwest Tennis & Education Foundation Inc?
Joy Albi is the President of Usta Midwest Tennis & Education Foundation Inc.
What is the revenue of Usta Midwest Tennis & Education Foundation Inc?
Usta Midwest Tennis & Education Foundation Inc's revenue in 2022 was $1,019,540.
Who are the executives of Usta Midwest Tennis & Education Foundation Inc and what are their salaries?
The average compensation at Usta Midwest Tennis & Education Foundation Inc during 2022 was $22,584. There are 6 employees and 20 volunteers at Usta Midwest Tennis & Education Foundation Inc.
Here are 15 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Usta Midwest Tennis & Education Foundation Inc?
Usta Midwest Tennis & Education Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Usta Midwest Tennis & Education Foundation Inc
Usta Midwest Tennis & Education Foundation Inc is committed to fulfilling its mission in four distinct ways. Initially, the organization focuses on offering tennis opportunities to youth from diverse cultural and ethnic backgrounds. This aim is not just about playing tennis but also promoting it as a lifelong, enjoyable sport that contributes positively to health, leadership, education, and self-esteem.
Furthermore, Usta Midwest Tennis & Education Foundation Inc is dedicated to developing youth tennis, recognizing its potential to serve as a powerful tool for personal growth and development beyond the court. Beyond tennis, the foundation supports programs that create positive environments for at-risk youth. By doing so, it strives to assist these young individuals in reaching their highest potential, not just in tennis but in their overall education and personal development as well.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Usta Midwest Tennis & Education Foundation Inc significantly impacts the community by providing tennis opportunities to youth from diverse cultural and ethnic backgrounds. The foundation promotes youth tennis not only as a sport but as a vital component in fostering good health, leadership, education, discipline, and self-esteem.
By supporting programs specifically designed for at-risk youth, the foundation creates positive and nurturing environments that help these individuals thrive. Additionally, Usta Midwest Tennis & Education Foundation Inc is dedicated to helping young people reach their highest potential, both on the tennis court and academically. This holistic approach ensures that participants gain valuable life skills through their involvement in tennis, ultimately enhancing their future prospects and life options.
This information is meant to be a general summary of Usta Midwest Tennis & Education Foundation Inc. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $14,415
- Program Service Revenue: $103,308
- Gross Receipts: $1,625,216
Assets and Liabilities:
- Total Assets: $4,217,341
- Total Liabilities: $1,310,736
- Net Assets: $2,906,605
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Other Grantmaking and Giving Services
Revenue
$103,308
Organization Details
Founding Year
1992
Principal Officer
Joy Albi
Main Address
1310 EAST 96TH STREET SUITE 100, Indianapolis, IN, 46240
NTEE Category
Code: N66 - Recreation
If you are a representative of Usta Midwest Tennis & Education Foundation Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.