2016-06-15T08:58:25-05:00 2015-12-31 410746749 CLIFTONLARSONALLEN LLP 220 SOUTH SIXTH STREET SUITE 300 MINNEAPOLIS MN 55402 990 2015-01-01 416038537 INNERCITY TENNIS FOUNDATION INNE 6128246099 4005 NICOLLET AVENUE SOUTH MINNEAPOLIS MN 55409 JOHN WHEATON EXECUTIVE DIRECTOR 6128246099 2016-05-11 1 JOHN TAUER P00294068 6123764500 2015 2016-09-27 15:27:22Z JOHN WHEATON 4005 NICOLLET AVENUE SOUTH MINNEAPOLIS MN 55409 2163931 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. 20 20 96 250 0 0 1499168 513912 1313270 1556322 0 0 7938 5092 2820376 2075326 0 0 0 0 1085576 1159200 0 0 58476 722635 739061 1808211 1898261 1012165 177065 3018281 3307662 641126 756466 2377155 2551196 X INNERCITY TENNIS (ICT) EMPLOYS A STRATEGY OF "HOOKING" CHILDREN ON HEALTHY PHYSICAL ACTIVITY (TENNIS) TO IMPROVE SUCCESS ON ALL FRONTS - EDUCATION, HEALTH, SOCIAL CONNECTION AND DEVELOPMENT OF PERSEVERANCE AND GRIT. IN 2015, ICT ENGAGED 3,644 CHILDREN AND YOUTH IN OUR UNIQUE TENNIS AND EDUCATION PROGRAMMING. 0 0 866106 0 110216 ADULT SERVICES:INNERCITY TENNIS (ICT) IS A YOUTH DEVELOPMENT ORGANIZATION THAT ENGAGES AN ACTIVE ADULT COMMUNITY TO GIVE, VOLUNTEER, AND INTERACT WITH KIDS. ICT ALSO SERVES THE HEALTH AND WELLNESS NEEDS OF ADULTS BY PROVIDING PUBLIC ACCESS, 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 ADULTS TO VOLUNTEER WITH OUR YOUTH DEVELOPMENT PROGRAMS, BASED ON RESEARCH INDICATING THAT INTERGENERATIONAL VOLUNTEER ENGAGEMENT WITH YOUTH BENEFITS BOTH GROUPS IN TERMS OF SOCIAL/EMOTIONAL HEALTH AND DEVELOPMENT. 510332 0 988500 YOUTH PROGRAMS:ICT DELIVERS TENNIS AND EDUCATIONAL PROGRAMMING (INCLUDING ITS SIGNATURE KIDSPEED(R) CURRICULUM DEVELOPED WITH THE RENOWNED SEARCH INSTITUTE) TO OVER 4000 CHILDREN AGES THREE TO EIGHTEEN ANNUALLY. TENNIS IS THE VEHICLE TO AFFECT YOUNG LIVES ON AND OFF THE COURT BY IMPROVING THEIR HEALTH; ENHANCING THEIR EDUCATION; BUILDING THEIR CHARACTER; AND WELCOMING THEM INTO A DIVERSE, INCLUSIVE, AND SUPPORTIVE COMMUNITY. PROGRAMMING IS OFFERED FREE OF CHARGE OR BELOW MARKET RATES, AND FULL OR PARTIAL SCHOLARSHIPS ARE PROVIDED TO ALL CHILDREN IN NEED. ICT DELIVERS ITS PROGRAMS IN 7 MINNEAPOLIS SCHOOLS, 24 MINNEAPOLIS PARKS, AND AT ITS 11 COURT INDOOR TENNIS CENTER IN SOUTH MINNEAPOLIS. 246349 0 474143 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. 1622787 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 1 0 0 0 0 0 0 0 0 1 13 0 96 1 0 0 0 0 0 0 0 0 0 0 X 20 20 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 LINDA STRATTON SECRETARY 1.00 X X 0 0 0 AVERY TICER TREASURER 1.00 X X 0 0 0 SHELLEY ANDREW DIRECTOR 1.00 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 LORI VAN HOLMES DIRECTOR 1.00 X 0 0 0 BRUCE JACKSON DIRECTOR 1.00 X 0 0 0 BROWNELL MACK DIRECTOR 1.00 X 0 0 0 EJ MCNULTY 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 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 AMY WARE DIRECTOR 1.00 X 0 0 0 ANDY WEIGMAN DIRECTOR 1.00 X 0 0 0 DAVE WEIGMAN DIRECTOR 1.00 X 0 0 0 SAMANTHA SMART MERRITT PAST EXECUTIVE DIRECTOR 40.00 X X 73922 0 0 JOHN WHEATON ASSOC EX.DIR(JAN-SEP)/EX.DIR(OCT-DEC) 40.00 X X 126659 0 0 200581 0 0 1 0 0 0 BELAIRE COMPANY LLC 23950 LAKE BOULEVARD NORTH FOREST LAKE MN 55025 AIR STRUCTURE REPLACEMENT 291187 1 144993 368919 29684 513912 ACTIVITY REVENUE 713940 1510482 1510482 SUMMER PARK PROGRAM FE 713940 45840 45840 1556322 42502 144993 67856 -25354 -25354 37286 20749 16537 16537 OTHER INCOME 900099 13909 13909 13909 2075326 1572859 0 -11445 200581 180523 20058 827489 700160 94171 33158 48636 41827 5350 1459 82494 70945 9074 2475 9978 8581 1098 299 86918 36007 46312 4599 44462 29723 12932 1807 3926 358 2231 1337 237889 218854 13821 5214 44512 42286 1113 1113 5199 4648 514 37 6906 4005 1195 1706 26432 26432 145094 145094 23769 22581 594 594 MISCELLANEOUS EXPENSES 51373 39005 7768 4600 PROGRAM EXPENSES 51083 51083 DUES AND SUBSCRIPTIONS 1520 675 767 78 1898261 1622787 216998 58476 490470 343206 166222 127448 24794 32103 9376 34143 13097 25655 2766924 573410 1759611 2193514 186178 186084 368533 365509 3018281 3307662 173529 178764 67597 112702 400000 465000 641126 756466 X 1791240 2157687 585915 393509 2377155 2551196 3018281 3307662 X 177065 -3024 X 0 1 X 0 0 X 452356 366791 518268 1499168 513912 3350495 53143 60788 107081 1405111 1636110 3262233 505499 427579 625349 2904279 2150022 6612728 100000 100000 99996 299996 139556 137419 238511 732363 63444 1311293 239556 237419 338507 732363 63444 1611289 5001439 576 384 1844 2804 576 384 1844 2804 742 7211 15459 13909 37321 506817 435174 627193 2919738 2163931 6652853 0.75180 0.65280 0.00040 0.00070 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: MISCELLANEOUS INCOME - 2011 AMOUNT: $ 742. 2012 AMOUNT: $ 7,211. 2013 AMOUNT: $ 0. 2014 AMOUNT: $ 15,459. 2015 AMOUNT: $ 13,909. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1206089 132193 1073896 1285734 284122 1001612 263748 145742 118006 11353 11353 0 2193514 CHARITABLE REMAINDER TRUST 365509 365509 X 2100551 7500 17725 25225 2075326 0 2075326 1926510 7500 20749 28249 1898261 0 1898261 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 -3,024. COST OF GOODS SOLD 20,749. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 20,749. KID SPEED 187495 144993 42502 858 36500 30498 187495 144993 42502 858 36500 30498 67856 -25354 X SPORTS EQUIPMENT 348 27184 FMV X FURNITURE 1 2500 ESTIMATE 0 0 0 0 PART I, COLUMN (B): THE FOUNDATION IS REPORTING THE NUMBER OF ITEMS CONTRIBUTED IN COLUMN (B). 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 11 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 2015 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 -3,024.