Israel Tennis Centers Foundation Inc
Israel Tennis Centers Foundation shows strong revenue growth and zero officer compensation in recent filings.
EIN: 132961273 · New York, NY · NTEE: Q300 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $10.8M |
| Total Expenses | $7.3M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $25 |
| Net Assets | $24.3M |
| Transparency Score | 92/100 |
Is Israel Tennis Centers Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Israel Tennis Centers Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Israel Tennis Centers Foundation Inc
Israel Tennis Centers Foundation Inc (EIN: 132961273) is a nonprofit organization based in New York, NY, classified under NTEE code Q300. The organization reported total revenue of $10.8M and total assets of $26.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Israel Tennis Centers Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Israel Tennis Centers Foundation Inc is a large nonprofit that has been operating for 48 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 11.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $11.8M |
| Total Expenses | $7.3M |
| Surplus / Deficit | +$4.5M |
| Total Assets | $25.3M |
| Total Liabilities | $994K |
| Net Assets | $24.3M |
| Operating Margin | 38.4% |
| Debt-to-Asset Ratio | 3.9% |
| Months of Reserves | 41.8 months |
Financial Health Grade: A
In 2023, Israel Tennis Centers Foundation Inc reported a surplus of $4.5M with revenue exceeding expenses, holds 41.8 months of operating reserves (strong position), has a debt-to-asset ratio of 3.9% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), Israel Tennis Centers Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 11.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +73.4% | +8.7% | +19.6% |
| 2022 | +14.1% | +19.2% | -9.9% |
| 2021 | +27.5% | +19.7% | +8.2% |
| 2020 | -2.4% | -31.4% | -5.2% |
| 2019 | +2.5% | +19.0% | +4.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1978 |
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 Israel Tennis Centers Foundation Inc with a Mission Score of 92 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Israel Tennis Centers Foundation Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% 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 $4.5M, with revenue exceeding expenses.
- Debt-to-asset ratio: 3.9%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers receive compensation from the organization. This is highly unusual for an organization of this size with assets exceeding $25 million and annual revenues over $10 million, suggesting that executive services may be provided on a pro bono basis or compensated through other entities.
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.
Red Flags
The following concerns were identified during AI analysis of Israel Tennis Centers Foundation Inc's IRS 990 filings:
- Unusually low administrative and fundraising expenses for an organization of this size, potentially indicating some costs are categorized differently or absorbed by other entities.
- Consistent 0% officer compensation, while positive for direct mission spending, could suggest that key leadership roles are uncompensated or compensated through related organizations, which might obscure the full cost of operations.
Strengths
The following positive indicators were identified for Israel Tennis Centers Foundation Inc:
- Strong financial health with significant revenue growth and surpluses in recent years (e.g., $11,800,613 revenue vs. $7,271,732 expenses in 202312).
- Consistent asset growth, reaching $25,340,620 in 202312, indicating long-term stability.
- Zero reported officer compensation across all filings, demonstrating a high commitment to directing funds towards programs.
- Low liabilities relative to assets, indicating a healthy balance sheet ($993,835 liabilities vs. $25,340,620 assets in 202312).
- High program spending ratio, suggesting efficient use of donations for its mission.
Frequently Asked Questions about Israel Tennis Centers Foundation Inc
Is Israel Tennis Centers Foundation Inc a legitimate charity?
Israel Tennis Centers Foundation Inc (EIN: 132961273) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 92/100. It has 14 years of IRS 990 filings on record. Total revenue: $10.8M. 2 red flags identified. 5 strengths noted. Financial health grade: A.
How does Israel Tennis Centers Foundation Inc spend its money?
Israel Tennis Centers Foundation Inc directs 90% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Israel Tennis Centers Foundation Inc tax-deductible?
Israel Tennis Centers Foundation Inc is registered as a tax-exempt nonprofit (EIN: 132961273). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Israel Tennis Centers Foundation Inc CEO make?
Israel Tennis Centers Foundation Inc's highest-compensated officer earns $25 annually. The organization reported $10.8M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Israel Tennis Centers Foundation Inc's spending goes to programs?
Israel Tennis Centers Foundation Inc directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Israel Tennis Centers Foundation Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Israel Tennis Centers Foundation Inc is above average for NTEE category Q300 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Israel Tennis Centers Foundation Inc located?
Israel Tennis Centers Foundation Inc is headquartered in New York, New York and files with the IRS under EIN 132961273. It is classified under NTEE code Q300.
How many years of IRS 990 filings does Israel Tennis Centers Foundation Inc have?
Israel Tennis Centers Foundation 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 $10.8M in total revenue.
Is Israel Tennis Centers Foundation Inc a good charity?
Based on its financial data, the Israel Tennis Centers Foundation Inc appears to be a good charity. It demonstrates strong financial health, significant program spending, and a notable commitment to transparency by reporting 0% officer compensation.
What is the trend in the organization's revenue and expenses?
The organization has shown a positive trend in revenue, with a significant increase from $4,674,436 in 202012 to $11,800,613 in 202312. Expenses have also increased but at a slower rate, leading to substantial surpluses in recent years, particularly in 202312.
How does the organization's asset growth compare to its liabilities?
The organization's assets have consistently grown, reaching $25,340,620 in 202312, while liabilities have remained relatively low and manageable, at $993,835 in the same period. This indicates a strong balance sheet and financial stability.
Filing History
IRS 990 filing history for Israel Tennis Centers Foundation Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Israel Tennis Centers Foundation Inc's revenue has grown by 300.5%, moving from $2.9M to $11.8M. Total assets decreased by 1.1% over the same period, from $25.6M to $25.3M. Total functional expenses rose by 36.3%, from $5.3M to $7.3M. In its most recent filing year (2023), Israel Tennis Centers Foundation Inc reported a surplus of $4.5M, with revenue exceeding expenses. The organization holds $994K in liabilities against $25.3M in assets (debt-to-asset ratio: 3.9%), resulting in net assets of $24.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $11.8M | $7.3M | $25.3M | $994K | — | — |
| 2022 | $6.8M | $6.7M | $21.2M | $2.7M | — | View 990 |
| 2021 | $6.0M | $5.6M | $23.5M | $2.5M | — | View 990 |
| 2020 | $4.7M | $4.7M | $21.7M | $1.9M | — | View 990 |
| 2019 | $4.8M | $6.8M | $22.9M | $3.5M | — | View 990 |
| 2018 | $4.7M | $5.7M | $21.9M | $2.4M | — | View 990 |
| 2017 | $6.1M | $5.7M | $25.0M | $2.9M | — | — |
| 2016 | $6.4M | $5.1M | $24.4M | $3.6M | — | View 990 |
| 2015 | $5.1M | $4.7M | $22.8M | $3.5M | — | View 990 |
| 2014 | $5.2M | $5.2M | $23.4M | $3.6M | — | View 990 |
| 2013 | $7.6M | $7.4M | $23.1M | $3.4M | — | View 990 |
| 2012 | $5.7M | $6.8M | $21.6M | $2.1M | — | View 990 |
| 2011 | $3.4M | $5.8M | $21.8M | $2.2M | — | View 990 |
| 2010 | $2.9M | $5.3M | $25.6M | $2.8M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $11.8M, expenses of $7.3M, and assets of $25.3M (revenue +73.4% year-over-year).
- 2022: Revenue of $6.8M, expenses of $6.7M, and assets of $21.2M (revenue +14.1% year-over-year).
- 2021: Revenue of $6.0M, expenses of $5.6M, and assets of $23.5M (revenue +27.5% year-over-year).
- 2020: Revenue of $4.7M, expenses of $4.7M, and assets of $21.7M (revenue -2.4% year-over-year).
- 2019: Revenue of $4.8M, expenses of $6.8M, and assets of $22.9M (revenue +2.5% year-over-year).
- 2018: Revenue of $4.7M, expenses of $5.7M, and assets of $21.9M (revenue -23.8% year-over-year).
- 2017: Revenue of $6.1M, expenses of $5.7M, and assets of $25.0M (revenue -3.6% year-over-year).
- 2016: Revenue of $6.4M, expenses of $5.1M, and assets of $24.4M (revenue +25.9% year-over-year).
- 2015: Revenue of $5.1M, expenses of $4.7M, and assets of $22.8M (revenue -2.2% year-over-year).
- 2014: Revenue of $5.2M, expenses of $5.2M, and assets of $23.4M (revenue -32.2% year-over-year).
- 2013: Revenue of $7.6M, expenses of $7.4M, and assets of $23.1M (revenue +34.0% year-over-year).
- 2012: Revenue of $5.7M, expenses of $6.8M, and assets of $21.6M (revenue +66.7% year-over-year).
- 2011: Revenue of $3.4M, expenses of $5.8M, and assets of $21.8M (revenue +15.9% year-over-year).
- 2010: Revenue of $2.9M, expenses of $5.3M, and assets of $25.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Israel Tennis Centers Foundation Inc:
Data Sources and Methodology
This transparency report for Israel Tennis Centers Foundation 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.