Marty Hennessy Inspiring Children Foundation
- Assets
- $2.0m
- Revenue
- $2.6m
- Investments
- $0.0
- Employees
- 11
- Location
- Boulder City, NV
- Founding
- 03/2006
- Data as of
- 12/2021
- EIN
- 20-1638145
Organization Overview
Marty Hennessy Inspiring Children Foundation is located in Boulder City, NV. The organization was established in 2006. According to its NTEE Classification (N66) the organization is classified as: Racquet Sports, under the broad grouping of Recreation & Sports and related organizations. As of 12/2021, Marty Hennessy Inspiring Children Foundation employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Marty Hennessy Inspiring Children Foundation 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 12/2021, Marty Hennessy Inspiring Children Foundation generated $2.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 20.9% each year . All expenses for the organization totaled $1.7m during the year ending 12/2021. While expenses have increased by 17.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE FOUNDATION'S MISSION IS TO REVOLUTIONIZE EDUCATION BY PROVIDING AN IDEAL MODEL OF YOUTH DEVELOPMENT IN UNDERSERVED COMMUNITIES THAT INCLUDES A HOLISTIC APPROACH INCLUDING PHYSICAL, EMOTIONAL AND MENTAL HEALTH. BY CREATING A COMMUNITY OF CARE WHERE THE ECOSYSTEM AND CHILDREN HEAL EACH OTHER, SHARING OPENLY IN MEANINGFUL CONVERSATION, LIVES ARE TRANSFORMED. THE LEADERSHIP PROGRAM PROVIDES YOUTH WITH A "PSYCHOLOGY FOR LIFE" WITH THE GOAL OF CHANGING THE CHILDREN'S MINDSET, TO HELP THEM DEEPLY APPRECIATE THEIR OPPORTUNITIES, AND GIVE THEIR BEST IN EVERYTHING THEY DO.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WOLFINGTON FAMILY ENTREPRENEUR AND LEADERSHIP PROGRAM. THE PROGRAM PROVIDES ENTREPRENEURSHIP, LEADERSHIP, AND CHARACTER DEVELOPMENT THROUGH PROJECT DRIVEN LEARNING, LEADERSHIP RETREATS, LEADERSHIP TALKS, AMBASSADORSHIPS, INTERNSHIPS, POST-GRADUATE FELLOWSHIPS AND APPRENTICESHIPS. THE PROGRAM PROVIDES A STUDENT WITH ALL OF THE TOOLS AND RESOURCES NECESSARY TO BECOME AN A PLAYER AND A SUCCESSFUL INTRAPRENERUR AND ENTREPRENEUR IN LIFE.
JEWEL NEVER BROKEN/MENTAL HEALTH PROGRAM. PROVIDING IMMEDIATE ASSISTANCE FOR FAMILIES AND INDIVIDUALS SUFFERING FROM THE DEVASTATING EFFECTS OF TRAUMA, ADDICTION AND FINANCIAL HARDSHIP BY GIVING THEM THE MENTAL HEALTH TOOLS THEY NEED TO SURVIVE, AND TO ULTIMATELY THRIVE. THIS BEST-IN-CLASS PROGRAM PROVIDES FREE ONLINE PHYSICAL, EMOTIONAL AND MENTAL HEALTH TOOLS, AS WELL AS IN-PERSON PROGRAMMING INCLUDING MUSIC & MENTAL HEALTH FESTIVALS, A FREE ONLINE MINDFULNESS WEBSITE AT JEWELNEVERBROKEN.COM, A FREE ONLINE MENTAL HEALTH COMMUNITY AT //TWITCH.TV/INSPIREHOUSE, AND IN-PERSON PROGRAMS IN THE INNER CITY.
TEAM BRYAN TENNIS/EDUCATION/ARTS PROGRAM. PROVIDING HIGH PERFORMANCE ACADEMICS, ARTS AND ATHLETICS (TENNIS) ALONG WITH COMMUNITY OUTREACH PROGRAMMING, FITNESS, YOGA, MEDITATION AND MINDSET DEVELOPMENT. THE EDUCATION PROGRAM PROVIDES STANDARDIZED TEST PREP, TUTORING, MENTORING AND COLLEGE COUNSELING, ALONG WITH A MUSIC AND ARTS PROGRAM FOR STUDENTS TO EXPLORE THEIR PASSIONS AND CREATIVE OUTLETS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sarah Lucas Secretary | OfficerTrustee | 5 | $0 |
Martin E Hennessy Treasurer | OfficerTrustee | 5 | $0 |
Timothy Blenkiron Director | OfficerTrustee | 5 | $0 |
Ryan Wolfington President | OfficerTrustee | 5 | $0 |
Frideric Prandecki Director | OfficerTrustee | 5 | $0 |
Kimberly Yee Director | OfficerTrustee | 5 | $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 | $2,474,126 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,474,126 |
| Total Program Service Revenue | $0 |
| Investment income | $35 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $11,000 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,553,075 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $17,810 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $164,851 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,350 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $5,518 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $303 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $34,385 |
| Insurance | $0 |
| All other expenses | $25,950 |
| Total functional expenses | $1,661,617 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,828,711 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $172,743 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,001,454 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $499,900 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $36,281 |
| Total liabilities | $536,181 |
| Net assets without donor restrictions | $1,465,273 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,001,454 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Marty Hennessy Inspiring Children Foundation has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Vincent C Immordino Charitable Foundation Henderson, NV PURPOSE: GENERAL FUND | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Usta-Pacific Northwest Section Beaverton, OR | $10,364,483 | $7,064,482 |
Beverly Hills Tennis Club Inc Beverly Hills, CA | $2,309,166 | $2,797,755 |
Berkeley Tennis Club Berkeley, CA | $3,688,047 | $2,587,848 |
Belvedere Tennis Club Tiburon, CA | $4,399,407 | $2,534,693 |
East Palo Alto Tennis And Tutoring Palo Alto, CA | $1,922,035 | $1,623,690 |
Marty Hennessy Inspiring Children Foundation Boulder City, NV | $2,001,454 | $2,553,075 |
Rancho Bernardo Swim & Tennis Club San Diego, CA | $4,244,361 | $1,515,338 |
Palos Verdes Tennis Foundation Palos Verdes Estates, CA | $870,836 | $1,783,286 |
Marin Tennis Club San Rafael, CA | $3,004,234 | $1,464,389 |
Mill Valley Tennis Club Mill Valley, CA | $2,138,090 | $1,408,475 |
Saddlebrooke Pickleball Association Tucson, AZ | $216,834 | $469,910 |
Coach Mikes Friends Of Public Tennis Salt Lake City, UT | $528,519 | $876,954 |