Public Charity

INNERCITY TENNIS FOUNDATION

Based in MINNEAPOLIS, MN, INNERCITY TENNIS FOUNDATION operates as a Public Charity. The organization reported $3.4M in revenue, $4.0M in expenses, $4.2M in total assets for fiscal year 2024. Imperigo tracks 46 reported grant relationships connected to this organization totaling approximately $2.6M.

EIN: 416038537 MINNEAPOLIS, MN Racquet Sports NTEE: N66 Latest filing: 2024
Total Revenue$3.4M
Total Expenses$4.0M
Total Assets$4.2M
Grant Records46
Funding Total$2.6M
Filing Years2020–2024

Mission

INNERCITY TENNIS FOUNDATION (ICT), FOUNDED IN 1952, IS ON A MISSION TO UNLEASH AND DEVELOP THE POTENTIAL OF YOUTH ON AND OFF THE TENNIS COURT BY ENGAGING AND SERVING A SUPPORTIVE COMMUNITY. (SEE SCHEDULE O)THE FOUNDATION USES TENNIS AS A VEHICLE TO ENGAGE YOUTH AND PROVIDE COACHING, MENTORING, AND LIFE SKILLS DEVELOPMENT TO YOUTH AT ICT'S TENNIS CENTER AND ALL THROUGH MINNEAPOLIS IN PARKS, SCHOOLS, AND PARTNER LOCATIONS.

Where $100 goes at Innercity Tennis Foundation

How Innercity Tennis Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$83 Programs the work itself
$11 Management running the organization
$6 Fundraising raising the next dollar

Inside the $83 for programs

$61
National junior tennis & learning programs:innercity tennis (ict) is a member of the usta foundation's national junior tennis and learning network, a network made up of nonprofit youth…
74% of program spending · Reported in the filing: 130 children
$22
Community tennis association programs:innercity tennis is also a member of the usta's community tennis association (cta) network, which comprises not-for-profit, volunteer-based organizations dedicated to expanding the game of…
26% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

DIRECTOR Andrzej Malewicz
DIRECTOR Bob Cohen
DIRECTOR Brad Anderson
DIRECTOR Chris Abbott
DIRECTOR Ed Kelly
DIRECTOR Hema Viswanathan

Officer compensation and complete director data available with membership.

Top Grant Purposes

Human & Social Services
$1,237,353 5 grants
General Support
$303,339 21 grants
Education
$215,136 3 grants
Sports & Recreation
$110,800 3 grants
Youth Development
$44,757 3 grants

Financial Trends

Year Revenue Expenses Assets
2024 $3.4M $4.0M $4.2M
2023 $2.7M $3.2M $4.6M
2022 $3.2M $2.8M $4.9M
2021 $3.1M $2.5M $4.4M
2020 $2.3M $2.3M $3.7M

Between 2020 and 2024, reported annual revenue grew from $2.3M to $3.4M (+47%), with total assets most recently reported at $4.2M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for INNERCITY TENNIS FOUNDATION

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