Rodney Street Tennis Association

Is Rodney Street Tennis Association Legit?

Appears Legitimate

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Rodney Street Tennis Association directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Rodney Street Tennis Association

Rodney Street Tennis Association (EIN: 10652445) is a nonprofit organization based in Wilmington, DE, classified under NTEE code N66. The organization reported total revenue of $694K and total assets of $784K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rodney Street Tennis Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Rodney Street Tennis Association 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: 7%
• programs: 90%
• fundraising: 3%

According to IRS 990 filings, Rodney Street Tennis Association allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based, which is highly efficient for an organization of its size with current assets of $685,099.

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 Rodney Street Tennis Association:

• Consistent asset growth, from $53,767 in 2014 to $685,099 in 2023.
• 0% officer compensation across all reported periods, indicating volunteer leadership and high efficiency.
• Consistent revenue surpluses in recent years (e.g., $171,223 in 2023, $286,398 in 2021).
• Very low liabilities, demonstrating strong financial management and minimal debt.
• Strong program focus implied by efficient operations and asset accumulation.

Frequently Asked Questions about Rodney Street Tennis Association

Filing History

IRS 990 filing history for Rodney Street Tennis Association showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Rodney Street Tennis Association's revenue has grown by 194.9%, moving from $226K to $665K. Total assets increased by 895.9% over the same period, from $69K to $685K. Total functional expenses rose by 148.8%, from $199K to $494K. In its most recent filing year (2023), Rodney Street Tennis Association reported a surplus of $171K, with revenue exceeding expenses. The organization holds $4K in liabilities against $685K in assets (debt-to-asset ratio: 0.6%), resulting in net assets of $681K.

Year-by-Year Financial Summary

• 2023: Revenue of $665K, expenses of $494K, and assets of $685K (revenue +48.8% year-over-year).
• 2022: Revenue of $447K, expenses of $530K, and assets of $509K (revenue -32.7% year-over-year).
• 2021: Revenue of $664K, expenses of $378K, and assets of $590K (revenue +45.1% year-over-year).
• 2020: Revenue of $458K, expenses of $295K, and assets of $302K (revenue +1.3% year-over-year).
• 2019: Revenue of $452K, expenses of $470K, and assets of $138K (revenue -9.3% year-over-year).
• 2018: Revenue of $498K, expenses of $423K, and assets of $171K (revenue +92.7% year-over-year).
• 2017: Revenue of $259K, expenses of $282K, and assets of $118K (revenue -23.7% year-over-year).
• 2016: Revenue of $339K, expenses of $265K, and assets of $146K (revenue +23.4% year-over-year).
• 2015: Revenue of $275K, expenses of $256K, and assets of $72K (revenue +28.1% year-over-year).
• 2014: Revenue of $214K, expenses of $292K, and assets of $54K (revenue -37.6% year-over-year).
• 2013: Revenue of $344K, expenses of $252K, and assets of $131K (revenue +70.1% year-over-year).
• 2012: Revenue of $202K, expenses of $232K, and assets of $41K (revenue -10.4% year-over-year).
• 2011: Revenue of $226K, expenses of $199K, and assets of $69K.

Data Sources and Methodology

This transparency report for Rodney Street Tennis Association 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.