Is Rodney Street Tennis Association Legit?

The Rodney Street Tennis Association demonstrates generally sound financial health with a positive trend in revenue and assets over the past decade. In the most recent filing (202312), the organization reported revenue of $665,307 against expenses of $494,084, resulting in a surplus that contributes to asset growth. Their assets have grown significantly from $53,767 in 2014 to $685,099 in 2023, indicating effective financial management and reinvestment. The organization consistently reports 0% officer compensation, which is a strong indicator of volunteer leadership and efficient use of funds directly for its mission. While a detailed breakdown of program, administrative, and fundraising expenses isn't provided in the summary data, the overall financial picture suggests a well-managed entity with a focus on its operational goals. The organization's spending efficiency appears robust, particularly given the consistent surpluses in recent years (e.g., $171,223 surplus in 202312 and $286,398 surplus in 202112). The absence of reported officer compensation further enhances its efficiency profile, as all leadership is presumably volunteer-based. Transparency is high regarding executive compensation, as it is consistently reported as zero. The consistent filing of IRS Form 990s over 13 periods also demonstrates a commitment to public accountability and transparency in its financial operations.