Harlem Junior Tennis And Education Program Inc
Harlem Junior Tennis And Education Program Inc shows consistent revenue growth and strong asset accumulation with no reported officer compensation.
EIN: 133076419 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.3M |
| Total Expenses | $1.7M |
| Program Spending | 80% |
| Net Assets | $718K |
| Transparency Score | 90/100 |
Is Harlem Junior Tennis And Education Program Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Harlem Junior Tennis And Education Program Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Harlem Junior Tennis And Education Program Inc
Harlem Junior Tennis And Education Program Inc (EIN: 133076419) is a nonprofit organization based in New York, NY. The organization reported total revenue of $2.3M and total assets of $748K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Harlem Junior Tennis And Education Program Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Harlem Junior Tennis And Education Program Inc is a mid-size nonprofit that has been operating for 45 years, with 14 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.9M |
| Total Expenses | $1.7M |
| Surplus / Deficit | +$175K |
| Total Assets | $847K |
| Total Liabilities | $129K |
| Net Assets | $718K |
| Operating Margin | 9.4% |
| Debt-to-Asset Ratio | 15.2% |
| Months of Reserves | 6.0 months |
Financial Health Grade: A
In 2023, Harlem Junior Tennis And Education Program Inc reported a surplus of $175K with revenue exceeding expenses, holds 6.0 months of operating reserves (strong position), has a debt-to-asset ratio of 15.2% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2023), Harlem Junior Tennis And Education Program Inc's revenue has grown at a compound annual growth rate (CAGR) of 9.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +11.5% | +34.9% | +20.3% |
| 2022 | +106.3% | +45.4% | +154.7% |
| 2021 | +7.6% | -6.4% | -12.5% |
| 2020 | -29.1% | -28.0% | -23.5% |
| 2019 | -15.0% | +12.4% | -32.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1981 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Harlem Junior Tennis And Education Program Inc with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, Harlem Junior Tennis And Education Program Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $175K, with revenue exceeding expenses.
- Debt-to-asset ratio: 15.2%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization. This is a highly positive indicator, suggesting that all resources are directed towards the organization's programs and operations, rather than executive salaries.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Harlem Junior Tennis And Education Program Inc:
- Consistent revenue growth, with revenue increasing from $806,920 in 2021 to $1,855,214 in 2023.
- Strong asset accumulation, growing from $276,329 in 2021 to $846,647 in 2023.
- Positive net income in recent years (e.g., $175,263 in 2023 and $419,356 in 2022), indicating financial sustainability.
- 0% officer compensation reported across all filings, demonstrating a commitment to directing funds to the mission.
- Low liabilities relative to assets, with liabilities of $128,554 against assets of $846,647 in 2023.
Frequently Asked Questions about Harlem Junior Tennis And Education Program Inc
Is Harlem Junior Tennis And Education Program Inc a legitimate charity?
Harlem Junior Tennis And Education Program Inc (EIN: 133076419) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 90/100. It has 14 years of IRS 990 filings on record. Total revenue: $2.3M. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Harlem Junior Tennis And Education Program Inc spend its money?
Harlem Junior Tennis And Education Program Inc directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Harlem Junior Tennis And Education Program Inc tax-deductible?
Harlem Junior Tennis And Education Program Inc is registered as a tax-exempt nonprofit (EIN: 133076419). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Harlem Junior Tennis And Education Program Inc's spending goes to programs?
Harlem Junior Tennis And Education Program Inc directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Harlem Junior Tennis And Education Program Inc located?
Harlem Junior Tennis And Education Program Inc is headquartered in New York, New York and files with the IRS under EIN 133076419.
How many years of IRS 990 filings does Harlem Junior Tennis And Education Program Inc have?
Harlem Junior Tennis And Education Program Inc has 14 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $2.3M in total revenue.
Is Harlem Junior Tennis And Education Program Inc a good charity?
Based on the provided financial data, Harlem Junior Tennis And Education Program Inc appears to be a good charity. It demonstrates strong financial health with consistent revenue growth, positive net income in recent years, and increasing assets. The 0% officer compensation is a significant positive indicator of fiscal responsibility and dedication to its mission.
How has the organization's revenue trended over the past few years?
The organization's revenue has shown a strong upward trend in recent years, increasing from $806,920 in 2021 to $1,664,402 in 2022, and further to $1,855,214 in 2023. This indicates successful fundraising and program expansion.
What is the organization's asset growth like?
Harlem Junior Tennis And Education Program Inc has experienced significant asset growth, more than tripling its assets from $276,329 in 2021 to $846,647 in 2023. This indicates a strengthening financial position and capacity.
Filing History
IRS 990 filing history for Harlem Junior Tennis And Education Program Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2023), Harlem Junior Tennis And Education Program Inc's revenue has grown by 212%, moving from $595K to $1.9M. Total assets increased by 1583.9% over the same period, from $50K to $847K. Total functional expenses rose by 193.6%, from $572K to $1.7M. In its most recent filing year (2023), Harlem Junior Tennis And Education Program Inc reported a surplus of $175K, with revenue exceeding expenses. The organization holds $129K in liabilities against $847K in assets (debt-to-asset ratio: 15.2%), resulting in net assets of $718K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.9M | $1.7M | $847K | $129K | — | — |
| 2022 | $1.7M | $1.2M | $704K | $161K | — | View 990 |
| 2021 | $807K | $856K | $276K | $153K | — | View 990 |
| 2020 | $750K | $915K | $316K | $144K | — | View 990 |
| 2019 | $1.1M | $1.3M | $413K | $76K | — | View 990 |
| 2018 | $1.2M | $1.1M | $607K | $58K | — | View 990 |
| 2017 | $1.3M | $1.1M | $460K | $24K | — | View 990 |
| 2016 | $159K | $320K | $272K | $17K | — | View 990 |
| 2016 | $1.1M | $1.1M | $393K | $20K | — | — |
| 2015 | $1.2M | $1.0M | $361K | $6K | — | View 990 |
| 2014 | $936K | $872K | $222K | $11K | — | View 990 |
| 2013 | $865K | $848K | $150K | $361 | — | View 990 |
| 2012 | $863K | $772K | $151K | $18K | — | View 990 |
| 2011 | $595K | $572K | $50K | $9K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.9M, expenses of $1.7M, and assets of $847K (revenue +11.5% year-over-year).
- 2022: Revenue of $1.7M, expenses of $1.2M, and assets of $704K (revenue +106.3% year-over-year).
- 2021: Revenue of $807K, expenses of $856K, and assets of $276K (revenue +7.6% year-over-year).
- 2020: Revenue of $750K, expenses of $915K, and assets of $316K (revenue -29.1% year-over-year).
- 2019: Revenue of $1.1M, expenses of $1.3M, and assets of $413K (revenue -15.0% year-over-year).
- 2018: Revenue of $1.2M, expenses of $1.1M, and assets of $607K (revenue -3.0% year-over-year).
- 2017: Revenue of $1.3M, expenses of $1.1M, and assets of $460K (revenue +707.0% year-over-year).
- 2016: Revenue of $159K, expenses of $320K, and assets of $272K (revenue -85.6% year-over-year).
- 2016: Revenue of $1.1M, expenses of $1.1M, and assets of $393K (revenue -6.4% year-over-year).
- 2015: Revenue of $1.2M, expenses of $1.0M, and assets of $361K (revenue +25.8% year-over-year).
- 2014: Revenue of $936K, expenses of $872K, and assets of $222K (revenue +8.2% year-over-year).
- 2013: Revenue of $865K, expenses of $848K, and assets of $150K (revenue +0.2% year-over-year).
- 2012: Revenue of $863K, expenses of $772K, and assets of $151K (revenue +45.2% year-over-year).
- 2011: Revenue of $595K, expenses of $572K, and assets of $50K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Harlem Junior Tennis And Education Program Inc:
Data Sources and Methodology
This transparency report for Harlem Junior Tennis And Education Program Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.