2017-05-22T14:03:52-05:00 2016-12-31 410746749 CLIFTONLARSONALLEN LLP 220 SOUTH SIXTH STREET SUITE 300 MINNEAPOLIS MN 55402 990 2016-01-01 416038537 INNERCITY TENNIS FOUNDATION INNE 6128246099 4005 NICOLLET AVENUE SOUTH MINNEAPOLIS MN 55409 JOHN WHEATON EXECUTIVE DIRECTOR 6128246099 2017-05-11 1 JOHN TAUER P00294068 6123764500 67.137.57.251 2017-05-11 12:38:00 CD P EB5B0B88F5DF23A80CA306F7B03D11E28B72914C F3F329DFBA37A4C14C73FD596159B47BC051605F 2016 2021-01-29 14:40:06Z JOHN WHEATON 4005 NICOLLET AVENUE SOUTH MINNEAPOLIS MN 55409 2607084 0 X WWW.INNERCITYTENNIS.ORG X 1952 MN TO ENGAGE A SUPPORTIVE COMMUNITY TO UNLEASH THE FULL POTENTIAL OF YOUTH, ON AND OFF THE COURT. 23 22 87 312 0 0 513912 837325 1556322 1690118 0 0 5092 -22135 2075326 2505308 0 0 0 0 1159200 1276846 0 0 139861 739061 758181 1898261 2035027 177065 470281 3307662 3397136 756466 344184 2551196 3052952 X INNERCITY TENNIS FOUNDATION (ICT), FOUNDED IN 1952, IS ON A MISSION TO UNLEASH AND DEVELOP THE POTENTIAL OF YOUTH ON AND OFF THE TENNIS COURT BY ENGAGING AND SERVING A SUPPORTIVE COMMUNITY. THE FOUNDATION USES TENNIS AS A VEHICLE TO ENGAGE ADULTS AND PROVIDE COACHING, MENTORING, AND LIFE SKILLS DEVELOPMENT TO YOUTH AT ICT'S TENNIS CENTER AND ALL THROUGHOUT MINNEAPOLIS IN PARKS, SCHOOLS, AND PARTNER LOCATIONS. 0 0 948221 0 1102895 ADULT SERVICES:ICT PROMOTES THE HEALTH, WELLNESS, AND COMMUNITY NEEDS OF ADULTS BY PROVIDING PUBLIC ACCESS AND LOW-COST INDIVIDUAL AND GROUP INSTRUCTION IN THE LIFELONG SPORT OF TENNIS. NO REGISTRATION FEES ARE REQUIRED; THUS, THE FACILITY IS OPEN TO ALL. ICT ALSO ENCOURAGES ITS VERY ACTIVE AND SUPPORTIVE ADULT COMMUNITY TO GIVE, VOLUNTEER, AND SHARE THEIR TIME AND TALENTS WITH KIDS. ICT ENGAGES ADULTS KNOWING THAT INTERGENERATIONAL VOLUNTEER ENGAGEMENT WITH YOUTH HAS FAR-REACHING BENEFITS FOR BOTH GROUPS IN TERMS OF PHYSICAL AND SOCIAL/EMOTIONAL HEALTH AND DEVELOPMENT. 573915 0 55411 YOUTH PROGRAMS:ICT'S YOUTH PROGRAMS ARE SPECIFICALLY DESIGNED TO PROMOTE HEALTH, EDUCATION, COMMUNITY, AND CHARACTER. THESE PROGRAMS ARE DELIVERED IN 8 MINNEAPOLIS SCHOOLS AND PARTNER LOCATIONS, 24 MINNEAPOLIS PARKS, AND AT ICT'S 12 COURT INDOOR TENNIS CENTER IN SOUTH MINNEAPOLIS. EACH YEAR, APPROXIMATELY 5,000 MAINLY UNDERSERVED YOUTH ARE TAUGHT AND MENTORED BY ICT VIA:1) FREE-OF-CHARGE PROGRAMS IN SCHOOLS, PARTNER ORGANIZATIONS, AND SUPER SATURDAYS AT ICT'S TENNIS CENTER, AND 2) FEE-BASED, OUT-OF-SCHOOL-TIME SUMMER TENNIS IN THE PARKS AND CITIES ACADEMY PROGRAMS THAT ARE OPEN TO ALL THROUGH NEED-BASED SCHOLARSHIPS. THOSE IN NEED INCLUDE AT-RISK KIDS, CHILDREN OF COLOR, CHILDREN FROM LOW-INCOME FAMILIES, AND CHILDREN DIAGNOSED ON THE AUTISM SPECTRUM. ICT'S FREE-OF-CHARGE PROGRAMS AND SCHOLARSHIPS FOR ITS FEE-BASED PROGRAMS, ENSURE THAT ICT PROGRAMMING IS AVAILABLE TO ALL CHILDREN, REGARDLESS OF THEIR FINANCIAL CIRCUMSTANCES. 269721 0 550553 JUNIOR INSTRUCTION PROGRAM: ICT'S CITIES ACADEMY IS OUR FEE-BASED JUNIOR INSTRUCTION PROGRAM DELIVERED AFTER SCHOOL AND ON WEEKENDS, WITH SCHOLARSHIP SUPPORT THROUGH OUR REED SWEATT MEMORIAL SCHOLARSHIP FUND. TOP-LEVEL COACHING SUPPORTS YOUTH IN DEVELOPING THEIR POTENTIAL ON COURT, AS WELL AS ACADEMIC COUNSELING TO EMPHASIZE HIGH SCHOOL SUCCESS AND ENTRY TO COLLEGE. 1791857 1 1 0 0 0 0 0 0 0 0 1 0 0 1 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 13 0 87 1 0 0 0 0 0 0 0 0 0 0 X 23 22 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 MN X JOHN WHEATON 6128246099 4005 NICOLLET AVENUE SOUTH MINNEAPOLIS MN 55409 ROBERT OBERRENDER BOARD CHAIR 3.00 X X 0 0 0 AVERY TICER TREASURER 1.00 X X 0 0 0 SHELLEY ANDREW SECRETARY 1.00 X X 0 0 0 NICK BOLLETTIERI DIRECTOR 1.00 X 0 0 0 JACK DICKMANN DIRECTOR 1.00 X 0 0 0 RICHARD EVANS DIRECTOR 1.00 X 0 0 0 SKIP GAGE DIRECTOR 1.00 X 0 0 0 SIMA GRIFFITH DIRECTOR 1.00 X 0 0 0 LORI VAN HOLMES DIRECTOR 1.00 X 0 0 0 BRUCE JACKSON DIRECTOR 1.00 X 0 0 0 ANDRZEJ MALEWICZ DIRECTOR 1.00 X 0 0 0 BROWNELL MACK DIRECTOR 1.00 X 0 0 0 TIMOTHY P OLSON DIRECTOR 1.00 X 0 0 0 TODD OTIS DIRECTOR 1.00 X 0 0 0 DENIZ PERESE DIRECTOR 1.00 X 0 0 0 JULIE PETERSON DIRECTOR 1.00 X 0 0 0 WILL PREST DIRECTOR 1.00 X 0 0 0 HILARY SANTONI DIRECTOR 1.00 X 0 0 0 TONY STINGLEY DIRECTOR 1.00 X 0 0 0 LINDA STRATTON DIRECTOR 1.00 X 0 0 0 AMY WARE DIRECTOR 1.00 X 0 0 0 ANDY WEIGMAN DIRECTOR 1.00 X 0 0 0 JOHN WHEATON EXECUTIVE DIRECTOR 40.00 X X 111619 0 25481 111619 0 25481 1 0 0 0 0 252747 584578 2500 837325 ACTIVITY REVENUE 713940 1634707 1634707 SUMMER PARK PROGRAM FE 713940 55411 55411 1690118 36698 252747 79000 -42302 -42302 41517 22776 18741 18741 OTHER INCOME 900099 1426 1426 1426 2505308 1708859 0 -40876 137100 102825 20565 13710 954317 859524 17301 77492 32177 16566 1037 14574 65569 41017 15382 9170 87683 77161 4384 6138 69472 50598 17523 1351 47778 34537 9187 4054 7623 3469 4154 224987 211621 9002 4364 44751 42513 1119 1119 4033 3915 9 109 7761 6336 1338 87 19315 19315 177510 177510 25509 24233 638 638 PROGRAM EXPENSES 58103 58103 BAD DEBT 48050 44212 1925 1913 MISCELLANEOUS EXPENSES 14729 9893 3848 988 BANK CHARGES 7075 7075 1485 1434 51 2035027 1791857 103309 139861 343206 243460 127448 309717 32103 84867 34143 33389 25655 30364 2863191 750818 2193514 2112373 186084 185982 365509 396984 3307662 3397136 178764 168816 112702 175368 465000 0 756466 344184 X 2157687 2524529 393509 528423 2551196 3052952 3307662 3397136 X 470281 31475 X 0 1 X 0 0 X 366791 518268 1499168 513912 837325 3735464 60788 107081 1405111 1636110 1768333 4977423 427579 625349 2904279 2150022 2605658 8712887 100000 99996 199996 137419 238511 732363 63444 267132 1438869 237419 338507 732363 63444 267132 1638865 7074022 384 1844 2228 384 1844 2228 7211 15459 13909 1426 38005 435174 627193 2919738 2163931 2607084 8753120 0.80820 0.75180 0.00030 0.00040 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: MISCELLANEOUS INCOME - 2012 AMOUNT: $ 7,211. 2014 AMOUNT: $ 15,459. 2015 AMOUNT: $ 13,909. 2016 AMOUNT: $ 1,426. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1301316 348077 953239 1285734 250381 1035353 264788 141007 123781 11353 11353 0 2112373 CHARITABLE REMAINDER TRUST 396984 396984 X 2559559 54251 54251 2505308 0 2505308 2057803 22776 22776 2035027 0 2035027 PART X, LINE 2: THE FOUNDATION IS A NOT-FOR-PROFIT ORGANIZATION THAT IS EXEMPT FROM THE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND CLASSIFIED BY THE INTERNAL REVENUE SERVICE AS OTHER THAN A PRIVATE FOUNDATION. THE FOUNDATION FOLLOWS THE ACCOUNTING STANDARDS FOR UNCERTAIN TAX POSITIONS AND FILES AS A TAX-EXEMPT ORGANIZATION. NO LIABILITY HAS BEEN RECOGNIZED BY THE FOUNDATION AS A RESULT OF THE IMPLEMENTATION OF THIS STANDARD. SHOULD THAT STATUS BE CHALLENGED IN THE FUTURE, ALL YEARS SINCE INCEPTION COULD BE SUBJECT TO REVIEW BY THE INTERNAL REVENUE SERVICE. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF CHARITABLE REMAINDER TRUST 31,475. COST OF GOODS SOLD 22,776. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 22,776. KID SPEED 289445 252747 36698 54789 24211 289445 252747 36698 54789 24211 79000 -42302 FORM 990, PART VI, SECTION A, LINE 1 THE FOUNDATION'S EXECUTIVE COMMITTEE HAS THE AUTHORITY TO ACT ON BEHALF OF THE BOARD OF DIRECTORS. THE COMMITTEE IS OPEN TO ALL BOARD MEMBERS. FORM 990, PART VI, SECTION A, LINE 2 ANDY WEIGMAN, DAVID WEIGMAN - FAMILY RELATIONSHIP FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 WILL BE PRESENTED TO THE FULL BOARD OF DIRECTORS TO REVIEW THE RETURN, ASK QUESTIONS, AND REQUEST CHANGES PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE FOUNDATION'S CONFLICT OF INTEREST POLICY COVERS DIRECTORS, OFFICERS AND ANY EMPLOYEES WHO MAY INFLUENCE THE ACTIONS OF THE FOUNDATION. BOARD MEMBERS ARE REQUIRED TO DISCLOSE ANY CONFLICTS OF INTEREST ANNUALLY AT THE DECEMBER BOARD MEETING. A CONFLICT OF INTEREST POLICY AND STATEMENT IS DISTRIBUTED TO THE BOARD IN CONJUNCTION WITH FOURTH QUARTERLY BOARD MEETING. BOARD MEMBERS AND OFFICERS SIGN AND RETURN THE STATEMENT TO THE EXECUTIVE DIRECTOR ON BEHALF OF THE BOARD. THE BOARD, OR A DULY CONSTITUTED COMMITTEE THEREOF, SHALL DETERMINE IF A CONFLICT EXISTS AND, IN THE CASE OF AN EXISTING CONFLICT, WHETHER THE CONTEMPLATED TRANSACTION MAY BE AUTHORIZED AS JUST, FAIR, AND REASONABLE TO THE FOUNDATION. INDIVIDUALS WITH A CONFLICT OF INTEREST MAY NOT PARTICIPATE IN THE DISCUSSION NOR THE APPROVAL OF THE TRANSACTION. ALL PROCEEDINGS RELATED TO CONFLICTS OF INTEREST ARE DOCUMENTED IN THE MEETING MINUTES. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD OF DIRECTORS RECEIVES NO COMPENSATION FROM THE FOUNDATION. THE ONLY OFFICER WHO RECEIVES A SALARY IS THE EXECUTIVE DIRECTOR. THE INDIVIDUAL RECEIVES ANNUAL PERFORMANCE EVALUATIONS PERFORMED BY THE BOARD CHAIR IN CONSULTATION WITH THE EXECUTIVE COMMITTEE OF THE BOARD. IN THE CASE OF THE EXECUTIVE DIRECTOR, A PERFORMANCE EVALUATION IS CONDUCTED BY THE BOARD CHAIR AND EXECUTIVE COMMITTEE, SALARY INCREASES AND/OR BONUSES AWARDED ARE DETERMINED BASED ON WRITTEN GOALS. ANNUAL MEASURABLE OBJECTIVES ARE IDENTIFIED BY THE EXECUTIVE DIRECTOR AND A SELF REVIEW IS PROVIDED. THE OBJECTIVES ARE REVIEWED WITH THE OFFICERS AND THE BOARD CHAIR. FINAL APPROVAL OF REVIEW AND COMPENSATION IS VOTED ON BY THE BOARD. THE DELIBERATION PROCESS AND DETERMINATION ARE DOCUMENTED IN THE MEETING MINUTES. THE REVIEWS TAKE PLACE ANNUALLY IN JULY AND WERE LAST CONDUCTED IN 2016 FOR THE EXECUTIVE DIRECTOR, JOHN WHEATON. EXECUTIVE DIRECTOR MANAGES STAFF COMPENSATION, PRESENTING OVERALL STAFF COMPENSATION TO THE FINANCE AND EXECUTIVE COMMITTEES OF THE BOARD FOR APPROVAL. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF CHARITABLE REMAINDER TRUST 31,475.