Form 990 for tax year 2022
Filed by LEGACY YOUTH TENNIS AND EDUCATION.
Totals
- Total revenue
- $5,453,312
- Total expenses
- $4,727,084
- Contributions and grants received
- $3,079,665
- Grants paid
- $33,190
- Program service revenue
- $2,283,162
- Investment income
- $90,596
- Other revenue
- -$111
- Total assets, end of year
- $9,446,511
- Total liabilities, end of year
- $386,519
- Net assets or fund balances, end of year
- $9,059,992
- Program services expenses (Part IX)
- $3,509,299
- Management and general expenses
- $943,418
- Fundraising expenses
- $274,367
- Program service expenses (Part III)
- $3,509,299
Program services were 74.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$682,347
-
1e · Government grants (contributions)
$1,379,708
-
1f · All other contributions, gifts and grants
$1,017,610
-
2a · Program service revenue: YOUTH TENNIS PROGRAMS
total $2,283,162 · related or exempt $2,283,162
-
3 · Investment income
total $50,248 · excluded $50,248
-
7a · Gross sales of assets other than inventory
securities $682,312
-
7b · Less cost or other basis and sales expenses
securities $641,964
-
7c · Gain or loss
securities $40,348
-
7d · Net gain or loss
total $40,348 · excluded $40,348
-
8a · Fundraising events: gross income
$159,817
-
8a · Fundraising events: contributions included on line 1c
$682,347
-
8b · Fundraising events: direct expenses
$168,747
-
8c · Net income from fundraising events
total -$8,930 · excluded -$8,930
-
11a · Other revenue: MISCELLANEOUS REVENUE
total $8,819 · excluded $8,819
-
11e · Other revenue, total
$8,819
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $33,190 · program services $33,190
-
5 · Compensation of officers, directors and key employees
total $272,596 · program services $204,581 · management and general $52,071 · fundraising $15,944
-
7 · Other salaries and wages
total $2,972,403 · program services $2,334,583 · management and general $452,531 · fundraising $185,289
-
9 · Other employee benefits
total $30,238 · program services $12,885 · management and general $16,690 · fundraising $663
-
10 · Payroll taxes
total $266,428 · program services $105,941 · management and general $155,233 · fundraising $5,254
-
11f · Fees: investment management
total $16,147 · management and general $16,147
-
11g · Fees: other
total $120,099 · program services $43,889 · management and general $74,301 · fundraising $1,909
-
12 · Advertising and promotion
total $18,807 · program services $7,806 · management and general $1,500 · fundraising $9,501
-
13 · Office expenses
total $91,651 · program services $78,056 · management and general $8,586 · fundraising $5,009
-
16 · Occupancy
total $154,947 · program services $152,384 · management and general $2,563
-
17 · Travel
total $80,352 · program services $39,672 · management and general $39,909 · fundraising $771
-
20 · Interest
total $3,973 · program services $3,179 · management and general $397 · fundraising $397
-
22 · Depreciation, depletion and amortization
total $330,159 · program services $264,127 · management and general $33,016 · fundraising $33,016
-
23 · Insurance
total $108,402 · program services $26,400 · management and general $82,002
-
24a · Other expenses: MISCELLANEOUS EXPENSES
total $113,909 · program services $99,433 · management and general $6,102 · fundraising $8,374
-
24b · Other expenses: SUPPLIES
total $77,463 · program services $66,853 · management and general $2,370 · fundraising $8,240
-
24c · Other expenses: SPECIAL PROGRAM
total $36,320 · program services $36,320
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $218,498 · end of year $562,529
-
2 · Savings and temporary cash investments
beginning of year $210,407 · end of year $187,346
-
3 · Pledges and grants receivable
beginning of year $22,500
-
4 · Accounts receivable
beginning of year $235,945 · end of year $314,803
-
9 · Prepaid expenses and deferred charges
beginning of year $66,471 · end of year $29,472
-
10a · Land, buildings and equipment: cost or other basis
$11,817,670
-
10b · Land, buildings and equipment: accumulated depreciation
$5,475,625
-
10c · Land, buildings and equipment, net
beginning of year $6,558,434 · end of year $6,342,045
-
11 · Investments: publicly traded securities
beginning of year $2,320,670 · end of year $1,970,940
-
15 · Other assets
beginning of year $70,823 · end of year $39,376
-
17 · Accounts payable and accrued expenses
beginning of year $266,255 · end of year $89,968
-
19 · Deferred revenue
beginning of year $386,192 · end of year $296,551
-
23 · Secured mortgages and notes payable
beginning of year $250,531
-
27 · Net assets without donor restrictions
beginning of year $7,838,521 · end of year $8,811,723
-
28 · Net assets with donor restrictions
beginning of year $962,249 · end of year $248,269
Mission and programs · 2022
Mission
PREPARING YOUTH FOR SUCCESS THROUGH OUR INCLUSIVE COMMUNITY, USING TENNIS, EDUCATION AND CHARACTER PROGRAMMING.
-
LEGACY YOUTH TENNIS AND EDUCATION NOW PROVIDES QUALITY TENNIS, EDUCATION, LIFE SKILLS, FITNESS AND LEADERSHIP DEVELOPMENT TO OVER 3,500 YOUNG PEOPLE IN MORE THAN 40 PUBLIC, CHARTER AND PAROCHIAL ELEMENTARY AND MIDDLE SCHOOLS AND RECREATION CENTERS IN NEIGHBORHOOD SITES THROUGHOUT GREATER PHILADELPHIA AND AT OUR CENTER IN EAST FALLS. WE PROVIDE QUALIFIED INSTRUCTORS, SPORTS EQUIPMENT, AND POSITIVE OPPORTUNITIES TO MORE CHILDREN AND YOUTH, MOST OF WHOM PARTICIPATE AT LITTLE OR NO COST THROUGH OUR INDOOR AFTER-SCHOOL AND COMMUNITY PROGRAMS AND THE NATIONAL JUNIOR TENNIS AND LEARNING'S (NJTL) OUTDOOR SUMMER PROGRAM. USING TENNIS AS THE PRIMARY MOTIVATOR, THE PROGRAMS TEACH POSITIVE, REWARDING LESSONS, BUILD CONFIDENCE, AND PROVIDE A FRAMEWORK OF PERSONAL DISCIPLINE.
Expenses $3,509,299 · Grants $33,190 · Revenue $2,283,162
As filed on the 2022 return.
Listed in Part VII
-
Jonathan Spergel EsqJONATHAN SPERGEL ESQ
CHAIR OF THE BOARD
- Total calculated
- $0
- Hours/week
- 5
-
Evan BookerEVAN BOOKER
VICE CHAIRMAN
- Total calculated
- $0
- Hours/week
- 5
-
Alan LindyALAN LINDY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
James ShinehouseJAMES SHINEHOUSE
BOARD TREASURER, CHAIR OF
- Total calculated
- $0
- Hours/week
- 5
-
David BroidaDAVID BROIDA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Heather PalmerHEATHER PALMER
CHAIR OF DEVELOPMENT COMMI
- Total calculated
- $0
- Hours/week
- 2
-
Maria McGarryMARIA MCGARRY
CHAIR OF PROGRAM COMMITTEE
- Total calculated
- $0
- Hours/week
- 2
-
Ned RahnNED RAHN
SECRETARY
- Total calculated
- $0
- Hours/week
- 5
-
Alexander HamiltonALEXANDER HAMILTON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Steven C SavranSTEVEN C SAVRAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Bruce FickenBRUCE FICKEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Lauren ShipleyLAUREN SHIPLEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Donna M Murasko PhDDONNA M MURASKO PHD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Henry StursbergHENRY STURSBERG
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Lee RudyLEE RUDY
CHAIR OF GOVERNANCE
- Total calculated
- $0
- Hours/week
- 2
-
Mary Ellen Krober EsqMARY ELLEN KROBER ESQ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Ned BorowskyNED BOROWSKY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Peter ZilperPETER ZILPER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Mark ArringtonMARK ARRINGTON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Jelena BatulaJELENA BATULA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Erica GuersERICA GUERS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Abraham Munabi MDABRAHAM MUNABI MD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Sanja WhitmanSANJA WHITMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Nicholas FedenNICHOLAS FEDEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Baba Taiye RenfrowBABA TAIYE RENFROW
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Ronald NanoRONALD NANO
PRESIDENT AND CEO
- Total calculated
- $277,567
- From this org
- $276,035
- From related orgs
- $0
- Other
- $1,532
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $276,035
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $1,532
- Filer's total
- $277,567
-
Sanjin KunovacSANJIN KUNOVAC
VP OF TENNIS AND BUSINESS
- Total calculated
- $184,957
- From this org
- $184,429
- From related orgs
- $0
- Other
- $528
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $184,429
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $528
- Filer's total
- $184,957
-
Kathrin SorokkoKATHRIN SOROKKO
SR DIR OPERATIONS
- Total calculated
- $165,101
- From this org
- $158,261
- From related orgs
- $0
- Other
- $6,840
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $158,261
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $6,840
- Filer's total
- $165,101
-
Rachel LippoffRACHEL LIPPOFF
DIRECTOR OF DEVELOPMENT
- Total calculated
- $119,789
- From this org
- $114,098
- From related orgs
- $0
- Other
- $5,691
- Hours/week
- 40
-
Christian AtienzaCHRISTIAN ATIENZA
ASSOCIATE DIRECTOR ADULT TENNIS
- Total calculated
- $143,519
- From this org
- $143,519
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Form 990 of other organizations
- 3 · Written employment contract
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 11 July 2024
- IRS schema version
- 2022v5.0
- Source object
- 202441939349301519
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