Lenny Simpson Tennis And Education Foundation Inc

Organization Overview

Lenny Simpson Tennis And Education Foundation Inc is located in Wilmington, NC. The organization was established in 2014. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lenny Simpson Tennis And Education Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2022, Lenny Simpson Tennis And Education Foundation Inc generated $144.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (11.2%) each year. All expenses for the organization totaled $118.2k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (4.2%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE A YEAR ROUND PROGRAM TO UNDER-SERVED YOUTH THAT PROVIDES TENNIS INSTRUCTION AND ACADEMIC SUPPORT IN AN ENVIRONMENT THAT BUILDS SELF-ESTEEM, CHARACTER AND LIFE SKILLS, REGARDLESS OF SOCIO-ECONOMIC BACKGROUND, COLOR OR CREED. TO PROMOTE TENNIS AS AN ALTERNATIVE TO NEGATIVE RECREATION AND CREATE AN ATMOSHPERE THAT VALUES RESPECT, HONESTY, SPORTSMANSHIP, DISCIPLINE, EDUCATION AND SUCCESS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PROMOTE TENNIS AS AN ALTERNATIVE TO NEGATIVE RECREATION AND CREATE AN ATMOSPHERE THAT VALUES RESPECT, HONESTY, SPORTSMANSHIP, DISCIPLINE, EDUCATION AND SUCCESS.


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Board, Officers & Key Employees

Name (title)Compensation
Lendward Simpson
Executive Director
$60,000
Janet Gaino
Treasurer
$0
Mark Sinclair
Secretary
$0
Johnnie Ashe
Executive Consultant
$0
April Doetsch
Volunteer
$0
Joanne Simpson
Volunteer
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$144,151
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$144,151
Total Program Service Revenue$0
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $144,151

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