2014-10-15T13:10:17-05:00 2013-12-31 410746749 CLIFTONLARSONALLEN LLP 220 SOUTH SIXTH STREET SUITE 300 MINNEAPOLIS MN 55402 990 2013-01-01 416038537 INNERCITY TENNIS FOUNDATION INNE 6128246099 4005 NICOLLET AVENUE SOUTH MINNEAPOLIS MN 55409 SAMANTHA SMART MERRITT EXECUTIVE DIRECTOR 6128246099 2014-10-13 1 JOHN TAUER P00294068 6123764500 2013 2015-11-30 17:44:51Z SAMANTHA SMART MERRITT 4005 NICOLLET AVENUE SOUTH MINNEAPOLIS MN 55409 627193 0 X WWW.INNERCITYTENNIS.ORG X 1952 MN INNERCITY TENNIS HELPS YOUNG PEOPLE BUILD CHARACTER, COMPTENCE AND COMMITMENT TO HEALTHY NUTRITIONAL HABITS AND A LIFE-LONG LOVE OF PHYSCIAL ACTIVITY. 22 22 26 250 0 0 366791 518268 31680 34251 384 1844 8026 18043 406881 572406 0 0 0 0 373123 291723 0 0 62389 166794 219365 539917 511088 -133036 61318 1274272 1513381 65505 170826 1208767 1342555 X INNERCITY TENNIS HELPS YOUNG PEOPLE BUILD CHARACTER, COMPTENCE AND COMMITMENT TO HEALTHY NUTRITIONAL HABITS AND A LIFE-LONG LOVE OF PHYSCIAL ACTIVITY. 0 0 369803 0 34251 INNERCITY TENNIS USES THE FUN AND CHALLENGE OF TENNIS TO HELP YOUNG PEOPLE BUILD CHARACTER, CONFIDENCE, AND COMMITMENT FOR PERSONAL AND COMMUNITY IMPROVEMENT. INNERCITY TENNIS HAS THREE PRINCIPAL PROGRAM AREAS WITH A PRIMARY FOCUS ON DELIVERING ASSET DEVELOPMENT LEADERSHIP SKILLS AND PHYSICAL MASTERY SKILLS TO CHILDREN AGES 3 TO 17. THE LARGEST GROUP SERVED IS THE YOUNGEST, AGES 3 TO 8, WHO ARE IN OUR KIDSPEED PROGRAMS. THIS PROGRAM BASES ITS PHYSICAL ACTIVITY ON SPORTING STATIONS, AND RELIES PRINCIPALLY ON A ROSTER OF 120 RETIREES TO ACT AS COACH / MENTORS / TUTORS (CMTS) AND WHO DELIVER OUR LEARNINGS FOR LEADERSHIP ASSET / CHARACTER DEVELOPMENT CURRICULUM. VALUES (ASSETS) ARE RESPECT, RESPONSIBILITY, INTEGRITY, ENTHUSIASM, PERSEVERANCE, TEAMWORK AND SERVICE. (THESE VALUES WERE SELECTED FROM AMONG THE 40 ASSETS IDENTIFIED BY SEARCH INSTITUTE, WHICH ESTABLISHED OUR ORIGINAL EVALUATION METHODOLOGY).OUR ORGANIZATIONS PRINCIPAL PROGRAM ACTIVITIES ARE:-OUR SUMMER TENNIS IN THE PARK AND KIDSPEED PROGRAMS REACHES OVER 1,000 CHILDREN AGES 5 TO 18 AT OVER 21 PARKS IN ALL SOCIAL-ECONOMIC AND GEOGRAPHICAL SECTORS OF MINNEAPOLIS.-KIDSPEED OUTREACH PROGRAMS - WE PROGRAM FIVE DAYS A WEEK FROM OCTOBER TO APRIL AT COLLABORATIVE FACILITIES, IN FOUR LOW INCOME AND AT RISK NEIGHBORHOODS IN THE CITY DURING BOTH THE IN SCHOOL TIME (HEAD START AND LEARNINGS FOR LEADERSHIP CHARTER SCHOOL) AND AFTER SCHOOL TIME (COLIN POWELL YOUTH LEADERSHIP). WE COLLABORATE WITH TWO OTHER AFTER SCHOOL PROGRAMS (GOLDEN EAGLE, AND THE WISE CHARTER SCHOOL) FROM LOW INCOME AND AT RISK NEIGHBORHOODS THAT TRANSPORT THEIR CHILDREN TO OUR FACILITY. THESE PROGRAMS REACH OVER 1,500 CHILDREN EACH YEAR, AND OVER 90 PERCENT ARE CHILDREN OF COLOR AND COME FROM LOW-INCOME FAMILIES.-WINTER (OCTOBER TO APRIL) SATURDAY PROGRAM - THIS PROGRAM IS RUN AT OUR FACILITY WITH OVER 300 KIDS IN ATTENDANCE EACH SATURDAY. IN THE AFTERNOON THE ENTIRE FACILITY IS DEDICATED TO THIS PROGRAM. THERE ARE FOUR LEVELS OF INSTRUCTION STARTING WITH KIDSPEED AND TRANSCENDING FROM BEGINNING TO ADVANCED TENNIS INSTRUCTION FOR OLDER KIDS. THE KIDSPEED PROGRAM HAS BEEN RUNNING AT OR CLOSE TO MAXIMUM CAPACITY FOR THE LAST TWO YEARS, AND THE BALANCE OF THE LEVELS ARE VERY WELL POPULATED. ALL OF THESE PROGRAMS ARE FREE TO THE PARTICIPANTS AND THE COLLABORATORS WITH THE EXCEPTION OF THE SUMMER PROGRAM THAT HAS A NOMINAL REGISTRATION FEE ($55) AND APPROXIMATELY 60 PERCENT OF THESE PARTICIPANTS RECEIVE SCHOLARSHIPS. GLOBALLY, WE SERVE 70 PERCENT CHILDREN OF COLOR. OUR PROGRAMS AND PROGRAM PARTICIPATION HAVE GROWN SIGNIFICANTLY IN THE LAST THREE YEARS. 369803 1 1 0 0 0 0 0 0 0 0 1 1 0 1 1 1 0 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 1 1 1 0 0 1 4 0 26 1 0 0 0 0 0 1 1 0 0 0 0 X 22 22 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 1 1 0 MN X SAMANTHA SMART MERRITT 6128246099 4005 NICOLLET AVENUE SOUTH MINNEAPOLIS MN 55409 ROBERT OBERRENDER BOARD CHAIR 3.00 0.00 X X 0 0 0 EDWIN SKIP GAGE BOARD CHAIR EMERITUS 1.00 0.00 X X 0 0 0 DAVID WEIGMAN BOARD SECRETARY 1.00 0.00 X X 0 0 0 JOHN DICKMANN BOARD TREASURER 1.00 0.00 X X 0 0 0 NICK BOLLETTIERI DIRECTOR 1.00 0.00 X 0 0 0 ELLEN DOLL DIRECTOR 1.00 0.00 X 0 0 0 RICHARD EVANS DIRECTOR 1.00 0.00 X 0 0 0 BRUCE JACKSON DIRECTOR 1.00 0.00 X 0 0 0 LINDA JACOBS DIRECTOR 1.00 0.00 X 0 0 0 ERIC MCNULTY DIRECTOR 1.00 0.00 X 0 0 0 WENDY NELSON DIRECTOR 1.00 0.00 X 0 0 0 TODD OTIS DIRECTOR 1.00 0.00 X 0 0 0 DENIZ PERESE DIRECTOR 1.00 0.00 X 0 0 0 WILL PREST DIRECTOR 1.00 0.00 X 0 0 0 LAKEESHA RANSOM DIRECTOR 1.00 0.00 X 0 0 0 TONY STINGLEY DIRECTOR 1.00 0.00 X 0 0 0 LINDA STRATTON DIRECTOR 1.00 0.00 X 0 0 0 BERNARD WALKER DIRECTOR 1.00 0.00 X 0 0 0 AMY WARE DIRECTOR 1.00 0.00 X 0 0 0 WHEELOCK WHITNEY DIRECTOR 1.00 0.00 X 0 0 0 ANDREW WEIGMAN DIRECTOR 1.00 0.00 X 0 0 0 RICHARD LINDSTROM HONORARY LIFETIME DIRECTOR 1.00 0.00 X 0 0 0 SAMANTHA SMART MERRITT EXECUTIVE DIRECTOR 30.00 10.00 X X 12271 4090 0 ROGER BOYER PAST EXECUTIVE DIRECTOR 24.00 16.00 X 27064 9022 1863 39335 13112 1863 0 0 0 0 0 108235 99996 310037 518268 SUMMER PARK PROG FEES 713940 34251 34251 34251 1844 1844 72830 108235 54787 18043 18043 572406 34251 0 19887 X 40732 29296 6528 4908 213486 175659 19859 17968 37505 30086 3899 3520 4375 438 3074 863 43397 4339 30495 8563 62257 29217 13891 19149 1032 1032 15763 11849 529 3385 4232 4232 1334 1067 267 2675 2140 535 SUMMER PROGRAM 40714 40714 MISCELLANEOUS EXPENSES 23968 21148 86 2734 MULTI-PROGRAM 10080 10080 WINTER PROGRAM 9538 9538 511088 369803 78896 62389 20973 204507 274843 115000 2700 55084 51349 4519 3735 732704 770020 311569 347083 1274272 1513381 21146 34643 44359 136183 65505 170826 X 811469 795103 397298 547452 1208767 1342555 1274272 1513381 X 61318 -3000 75470 X 0 1 X 0 0 X 487802 620762 452356 366791 518268 2445979 57562 63275 53143 60788 107081 341849 545364 684037 505499 427579 625349 2787828 100000 100000 100000 100000 99996 499996 130494 117548 139556 182939 231787 802324 230494 217548 239556 282939 331783 1302320 1485508 833 697 576 384 1844 4334 833 697 576 384 1844 4334 2479 742 7211 10432 546197 687213 506817 435174 627193 2802594 0.53000 0.61310 0.00150 0.00280 X SCHEDULE A, PART II, LINE 12, EXPLANATION OF OTHER INCOME: MISCELLANEOUS INCOME RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 55084 51349 3735 3735 INVESTMENT IN REED SWEATT FAMILY TENNIS CENTER, INC. 770020 C 770020 TRADE MARK 985 CHARITABLE REMAINDER TRUST 346098 347083 DUE TO REED SWEATT FAMILY TENNIS CENTER, INC. 136183 136183 X 1830055 1375431 1375431 454624 117782 117782 572406 1693267 1299961 1299961 393306 117782 117782 511088 PART X, LINE 2: INNERCITY TENNIS 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'S WHOLLY OWNED SUBSIDIARY, REED SWEATT FAMILY TENNIS CENTER, INC., IS A TAXABLE CORPORATION THAT FILES FEDERAL AND STATE INCOME TAX RETURNS SEPARATE FROM THE EXEMPT ORGANIZATION INFORMATIONAL REPORT REQUIRED OF THE FOUNDATION. THE FOUNDATION (A TAXABLE, NON-PROFIT CORPORATION) RECORDS INCOME TAXES WHICH REQUIRES THAT DEFERRED INCOME TAXES ARE PROVIDED FOR TEMPORARY DIFFERENCES BETWEEN THE FINANCIAL REPORTING BASIS AND THE TAX BASIS OF THE FOUNDATION'S INCOME. DIFFERENCES BETWEEN INCOME TAX AND FINANCIAL STATEMENT REPORTING ARE DUE TO ACCELERATED DEPRECIATION ON FIXED ASSETS AND CHARITABLE CONTRIBUTIONS WHICH ARE IN EXCESS OF THE AMOUNTS ALLOWED AS A DEDUCTION ON THE TAX RETURN. 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. THE FOUNDATION'S 2010, 2011, AND 2012 TAX YEARS ARE OPEN FOR EXAMINATION BY THE INTERNAL REVENUE SERVICE. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF CHARITABLE REMAINDER TRUST 35,154. SPECIAL EVENT EXPENSES NET OF DIRECT BENEFIT REVENUES OF AFFILIATE REPORTED ON A SEPARATE RETURN 1,340,277. PART XI, LINE 4B - OTHER ADJUSTMENTS: INTERCOMPANY ELIMINATIONS 117,782. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES NET OF DIRECT BENEFIT EXPENSES OF AFFILIATE REPORTED ON A SEPARATE RETURN 1,299,961. PART XII, LINE 4B - OTHER ADJUSTMENTS: INTERCOMPANY ELIMINATIONS 117,782. KID SPEED 172203 108235 63968 200 24825 7067 13830 BEARPATH 8862 8862 2675 181065 108235 72830 200 27500 7067 13830 48597 24233 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 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 15 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 2013 FOR THE EXECUTIVE DIRECTOR, S. SMART MERRITT. THE OFFICER'S W-2 FILINGS WERE PROCESSED BY REED SWEATT FAMILY TENNIS CENTER, INC., A RELATED ORGANIZATION THAT WAS REIMBURSED BY THE REPORTING ORGANIZATION FOR THE PAYROLL EXPENSES. 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 IX, LINE 11G CONSULTING: PROGRAM SERVICE EXPENSES 27,912. MANAGEMENT AND GENERAL EXPENSES 4,725. FUNDRAISING EXPENSES 16,575. TOTAL EXPENSES 49,212. OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 1,305. MANAGEMENT AND GENERAL EXPENSES 9,166. FUNDRAISING EXPENSES 2,574. TOTAL EXPENSES 13,045. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SUBSIDIARY - REED SWEATT FAMILY TENNIS CENTER, INC. 40,316. CHANGE IN VALUE OF CHARITABLE REMAINDER TRUST 35,154. REED SWEATT FAMILY TENNIS CENTER INC 4005 NICOLLET AVENUE SOUTH MINNEAPOLIS MN 55409 411971247 SPORTS FACILITY MN INNERCITY TENNIS FOUNDATION C 1340277 956700 1.00000 1 0 0 1 0 0 0 0 0 0 0 1 1 1 1 1 1 1 0 0 REED SWEATT FAMILY TENNIS CENTER INC C 99996 CASH TRANSFERRED REED SWEATT FAMILY TENNIS CENTER INC P 213241 CASH TRANSFERRED