Form 990 for tax year 2022
Filed by YOUTH TENNIS SAN DIEGO FOUNDATION.
Totals
- Total revenue
- $25,796
- Total expenses
- $1,350,343
- Contributions and grants received
- $18,813
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $6,983
- Other revenue
- $0
- Total assets, end of year
- $0
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $0
- Program services expenses (Part IX)
- $1,343,802
- Management and general expenses
- $6,541
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $1,343,802
Program services were 99.5% 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.
-
1f · All other contributions, gifts and grants
$18,813
-
3 · Investment income
total $16,230 · excluded $16,230
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7b · Less cost or other basis and sales expenses
other assets $9,247
-
7c · Gain or loss
other assets -$9,247
-
7d · Net gain or loss
total -$9,247 · related or exempt -$9,247
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $0
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $0
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total $0
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $0
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $2,509 · management and general $2,509
-
12 · Advertising and promotion
total $0
-
13 · Office expenses
total $2,839 · management and general $2,839
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $0
-
17 · Travel
total $0
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $1,343,802 · program services $1,343,802
-
22 · Depreciation, depletion and amortization
total $1,193 · management and general $1,193
-
23 · Insurance
total $0
-
24e · All other expenses
total $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
end of year $0
-
2 · Savings and temporary cash investments
beginning of year $129,729 · end of year $0
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
beginning of year $80,291 · end of year $0
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $639 · end of year $0
-
10c · Land, buildings and equipment, net
beginning of year $10,440 · end of year $0
-
11 · Investments: publicly traded securities
beginning of year $823,379 · end of year $0
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
beginning of year $812,577 · end of year $0
-
27 · Net assets without donor restrictions
beginning of year $1,620,430
-
28 · Net assets with donor restrictions
beginning of year $236,625
Mission and programs · 2022
Mission
Youth Tennis San Diego Foundation (the Foundation) was incorporated under the laws of the State of California in 1999, as a Nonprofit Benefit Corporation, for the purpose of obtaining and administering funds and other property to be used in furtherance of the purpose of Youth Tennis San Diego (the Tennis Center). Its principal sources of revenue are contributions and grants from the general public, foundations and other private sources.As of December 31, 2022, the Board of Directors approved the board resolution to dissolve the Foundation. The Foundation was dissolved at December 31, 2022. All assets were transferred to Youth Tennis San Diego. The Foundation provided support to Youth Tennis San Diego totaling $1,343,802 and $80,000 for the years ended December 31, 2022 and 2021, respectively.
Activities or mission (Part I)
Youth Tennis San Diego Foundation's mission is to obtain and administer funds and other property to be used in furtherance of Youth Tennis San Diego's mission.
-
Youth Tennis San Diego Foundation (the Foundation) was incorporated under the laws of the State of California in 1999 as a Nonprofit Benefit Corporation, for the purpose of obtaining and administering funds and other property to be used in furtherance of the purpose of Youth Tennis San Diego. Its principal sources of revenue are contributions and grants from the general public, foundations and other private sources.
Expenses $1,343,802
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Barbara EdwardsBARBARA EDWARDS
Executive Dir.
- Total calculated
- $52,960
- From this org
- $0
- From related orgs
- $52,960
- Other
- $0
- Hours/week
- 0 + 40 related
-
Wendy McWethyWENDY MCWETHY
Chair
- Total calculated
- $0
- Hours/week
- 1
-
Marty MoldenMARTY MOLDEN
Secretary
- Total calculated
- $0
- Hours/week
- 1
-
Richard EvansRICHARD EVANS
Treasurer
- Total calculated
- $0
- Hours/week
- 1
-
Larry BelinskyLARRY BELINSKY
Director
- Total calculated
- $0
- Hours/week
- 1
-
Jack McGroryJACK MCGRORY
Director
- Total calculated
- $0
- Hours/week
- 1
-
Joe SammartinoJOE SAMMARTINO
Director
- Total calculated
- $0
- Hours/week
- 1
-
Betty PeabodyBETTY PEABODY
Director
- Total calculated
- $0
- Hours/week
- 1
-
Richard PhelpsRICHARD PHELPS
Director
- Total calculated
- $0
- Hours/week
- 1
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.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
501(C)3 · EDUCATIONAL YOUTH TENNIS ACTIVITIES · CA
Assets distributed on this return
Schedule N, as filed: what the organization did with its assets when it liquidated or dissolved, or disposed of more than a quarter of them, and who received them. A recipient with an EIN is usually a successor organization; filers also list expenses such as legal fees here.
-
$169,313
Liquidation · ALL ASSETS · Dec 31, 2022 · 501(C)3
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 15 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202343199349310229
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