2012-10-29T09:52:42-05:00 2011-12-31 410746749 CLIFTONLARSONALLEN LLP 220 SOUTH SIXTH STREET SUITE 300 MINNEAPOLIS MN 55402 990 2011-01-01 416038537 INNERCITY TENNIS FOUNDATION INNE 6128246099 4005 NICOLLET AVENUE SOUTH MINNEAPOLIS MN 55409 ROGER BOYER 6128246099 2012-10-02 1 JOHN TAUER P00294068 6123764500 2011 2016-02-24 21:20:13Z ROGER BOYER 4005 NICOLLET AVENUE SOUTH MINNEAPOLIS MN 55409 506817 0 X WWW.INNERCITYTENNIS.ORG X 1952 MN HELP YOUNG PEOPLE BUILD CHARACTER, COMPETENCE AND COMMITMENT TO HEALTHY HABITS AND A LIFE-LONG LOVE OF PHYSICAL ACTIVITY 17 17 7 140 0 0 620762 452356 41730 40543 697 576 -13650 -27168 649539 466307 0 0 0 0 373217 397266 0 0 58735 149778 168128 522995 565394 126544 -99087 1492471 1391790 15203 34100 1477268 1357690 X HELP YOUNG PEOPLE BUILD CHARACTER, COMPETENCE AND COMMITMENT TO HEALTHY HABITS AND A LIFE-LONG LOVE OF PHYSICAL ACTIVITY 0 0 454499 0 40543 INNERCITY TENNIS USES THE FUN AND CHALLENGE OF TENNIS AND OTHER SPORTING ACTIVITIES TO HELP YOUNG PEOPLE BUILD CHARACTER, CONFIDENCE, AND COMMITMENT FOR PERSONAL AND COMMUNITY IMPROVEMENT. THE PROGRAM ADHERES TO FOSTERING CONCRETE, COMMON SENSE, POSITIVE EXPERIENCES AND QUALITIES ESSENTIAL TO RAISING SUCCESSFUL YOUNG PEOPLE. THESE VALUES / ASSETS HAVE THE POWER DURING CRITICAL ADOLESCENT YEARS TO INFLUENCE CHOICES YOUNG PEOPLE MAKE AND HELP THEM BECOME CARING, RESPONSIBLE ADULTS.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 18. 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) INCLUDE RESPONSIBILITY, RESPECT, TEAMWORK, ENTHUSIASM, INTEGRITY, PERSEVERANCE AND SERVICE TO OTHERS, WHICH WE CALL LEARNINGS FOR LEADERSHIP. OUR SUCCESS IS BUILT UPON OUR COLLABORATION WITH AND SUPPORTS FROM SEARCH INSTITUTE, WHICH HELPED DESIGN OUR METRICS AND OUTCOME MEASUREMENT EVALUATIONS. OUR ORGANIZATION'S 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. 454499 1 1 0 0 0 0 0 0 0 0 1 1 0 1 1 1 0 1 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 51 0 7 1 0 0 0 0 0 1 1 0 0 0 0 X 17 17 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 1 1 0 MN X ABIGAIL BALL 6128246099 4005 NICOLLET AVENUE SOUTH MINNEAPOLIS MN 55409 X ROBERT OBERRENDER 3.00 X X 0 0 0 EDWIN SKIP GAGE 2.00 X X 0 0 0 DAVID WEIGMAN 1.00 X X 0 0 0 STEVEN GRUNDAHL 1.00 X X 0 0 0 BRAD BAUMANN 1.00 X 0 0 0 PETER BENSON 1.00 X 0 0 0 NICK BOLLETTIERI 1.00 X 0 0 0 COLLEEN HOOLEY 1.00 X 0 0 0 BRUCE JACKSON 1.00 X 0 0 0 LINDA JACOBS 1.00 X 0 0 0 GEOFF JOHNSON 1.00 X 0 0 0 VIKI KIMSAL 1.00 X 0 0 0 MATT LITTLE 1.00 X 0 0 0 ERIC MCNULTY 1.00 X 0 0 0 JOSEPH NATHAN 1.00 X 0 0 0 WENDY NELSON 1.00 X 0 0 0 TODD OTIS 1.00 X 0 0 0 LAKEESHA RANSOM 1.00 X 0 0 0 ROBERT SLOAN 1.00 X 0 0 0 TONY STINGLEY 1.00 X 0 0 0 LINDA STRATTON 1.00 X 0 0 0 BERNARD WALKER 1.00 X 0 0 0 WHEELOCK WHITNEY 1.00 X 0 0 0 JAN OZZELLO WILCOX 1.00 X 0 0 0 KEITH WYCHE 1.00 X 0 0 0 ROGER BOYER 24.00 X 87785 29262 4622 SHARON KURTT 40.00 X 69586 0 3840 157371 29262 8462 0 0 0 0 0 155141 100000 197215 452356 SUMMER PARK PROG FEES 713940 40543 40543 40543 576 576 12600 155141 40510 -27910 -27910 MISCELLANEOUS EVENT IN 900099 742 742 742 466307 40543 0 -26592 164678 89466 31155 44057 186416 171912 7040 7464 20492 17350 1466 1676 25680 19263 2741 3676 4929 4929 185 185 22407 20672 328 1407 1702 1702 1349 1079 270 4257 3406 851 2149 645 1504 MULTI-PROGRAM 51187 51187 SUMMER PROGRAM 44484 44484 WINTER PROGRAM 24209 24209 MISCELLANEOUS EXPENSES 11270 9124 2146 565394 454499 52160 58735 103656 64478 200900 201476 110000 55000 0 1990 53140 44454 6075 8686 762396 759660 309444 300500 1492471 1391790 15203 23622 0 10478 15203 34100 X 979034 916461 498234 441229 1477268 1357690 1492471 1391790 X -99087 -20491 X 0 1 1 X 0 X 414718 714071 487802 620762 452356 2689709 38268 122569 57562 63275 53143 334817 452986 836640 545364 684037 505499 3024526 100000 100000 100000 100000 400000 173250 109000 116500 25500 99796 524046 173250 209000 216500 125500 199796 924046 2100480 9610 5914 833 697 576 17630 9610 5914 833 697 576 17630 2479 742 3221 462596 842554 546197 687213 506817 3045377 0.68970 0.72460 0.00580 0.00690 X SCHEDULE A, PART II, LINE 12, EXPLANATION OF OTHER INCOME: MISCELLANEOUS INCOME RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 53140 44454 8686 8686 INVESTMENT IN REED SWEATT FAMILY TENNIS CENTER, INC. 759660 C 759660 TRADE MARK 625 CHARITABLE REMAINDER TRUST 299875 300500 DUE TO REED SWEATT FAMILY TENNIS CENTER, INC. 10478 10478 466307 565394 -99087 -18000 -2491 -20491 -119578 1646537 1296293 1296293 350244 116063 116063 466307 1748115 1298784 1298784 449331 116063 116063 565394 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: 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 2008, 2009, AND 2010 TAX YEARS ARE OPEN FOR EXAMINATION BY THE INTERNAL REVENUE SERVICE. PART XI, LINE 8 - OTHER ADJUSTMENTS: CHANGE IN VALUE OF SUBSIDIARY - REED SWEATT FAMILY TENNIS CENTER, INC. -486. CHANGE IN VALUE OF CHARITABLE REMAINDER TRUST -2,005. TOTAL TO SCHEDULE D, PART XI, LINE 8: -2,491. PART XII, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF CHARITABLE REMAINDER TRUST -2,005. SPECIAL EVENT EXPENSES NET OF DIRECT BENEFIT 30,910. REVENUES OF AFFILIATE REPORTED ON A SEPARATE RETURN 1,267,388. PART XII, LINE 4B - OTHER ADJUSTMENTS: INTERCOMPANY ELIMINATIONS 116,063. PART XIII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES NET OF DIRECT BENEFIT 30,910. EXPENSES OF AFFILIATE REPORTED ON A SEPARATE RETURN 1,267,874. PART XIII, LINE 4B - OTHER ADJUSTMENTS: INTERCOMPANY ELIMINATIONS 116,063. KID SPEED 153915 148013 5902 3300 9600 20324 BEARPATH 10128 10128 2286 164043 158141 5902 3300 9600 22610 35510 -29608 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 ASSOCIATE EXECUTIVE DIRECTOR ON BEHALF OF THE BOARD CHAIR. THE BOARD OF A DULY CONSTITUTED COMMITTEE THEREOF SHALL DETERMINE IF A CONFLICT EXISTS AND IN HE 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 TWO OFFICERS WHO RECEIVE SALARIES ARE THE EXECUTIVE DIRECTOR AND THE ASSOCIATE EXECUTIVE DIRECTOR. BOTH INDIVIDUALS RECEIVE 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. THE ASSOCIATE EXECUTIVE DIRECTOR PERFORMANCE EVALUATION IS CONDUCTED BY THE EXECUTIVE DIRECTOR AND THE BOARD CHAIR. ONCE THE EVALUATIONS ARE COMPLETE RECOMMENDATION IS MADE TO THE BOARD FOR COMPENSATION APPROVAL. ANNUAL MEASURABLE OBJECTIVES ARE IDENTIFIED BY THE EXECUTIVE AND ASSOCIATE 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 2011 FOR THE EXECUTIVE DIRECTOR, R. BOYER AND ASSOCIATE EXECUTIVE DIRECTOR, S. KURTT. THE OFFICERS' 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. EXPLANATION FOR HOURS WORKED FORM 990, PART VII, SECTION A ROGER BOYER WORKS APPROXIMATELY 40 HOURS PER WEEK FOR THE FOUNDATION AND ITS WHOLLY OWNED SUBSIDIARY REED-SWEATT FAMILY TENNIS CENTER, INC. AND ALLOCATES HIS TIME AS FOLLOWS: INNERCITY TENNIS FOUNDATION: 24 HOURS REED SWEATT FAMILY TENNIS CENTER, INC.: 16 HOURS CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: PRIOR PERIOD ADJUSTMENTS: -18,000. CHANGE IN VALUE OF SUBSIDIARY - REED SWEATT FAMILY TENNIS CENTER, INC. -486. CHANGE IN VALUE OF CHARITABLE REMAINDER TRUST -2,005. TOTAL TO FORM 990, PART XI, LINE 5: -20,491. REED SWEATT FAMILY TENNIS CENTER INC 4005 NICOLLET AVENUE SOUTH MINNEAPOLIS MN 55409 411971247 SPORTS FACILITY MN INNERCITY TENNIS FOUNDATION C 1267388 879496 1.00000 0 0 1 0 0 0 0 0 0 1 1 1 1 1 1 1 0 0 REED SWEATT FAMILY TENNIS CENTER INC C 100000 CASH TRANSFERRED REED SWEATT FAMILY TENNIS CENTER INC O 381989 CASH TRANSFERRED