Stephanie Waterman Tennis Foundation is located in Kansas City, MO. The organization was established in 1986. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Stephanie Waterman Tennis 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 12/2023, Stephanie Waterman Tennis Foundation generated $138.9k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 24.7% each year . All expenses for the organization totaled $66.6k during the year ending 12/2023. While expenses have increased by 7.4% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THE STEPHANIE WATERMAN FOUNDATION (SWF) USES TENNIS COMBINED WITH EDUCATIONAL PARTNERS TO HELP UNDER-SERVED CHILDREN LEARN LIFE SKILLS AND A LIFE SPORT. WE SERVE CHILDREN IN THE KANSAS CITY METRO AREA, INCLUDING KCMO, RAYTOWN, INDEPENDENCE AND KANSAS CITY NORTH. 2,000 STUDENTS A YEAR THROUGH VARIOUS PROGRAMS INCLUDING AFTER SCHOOL, SUMMER SCHOOL AND HIGH SCHOOL & OTHER ACTIVITIES. STAFF & VOLUNTEERS WORK WITH PARTNERING ORGANIZATIONS FROM UPPER ROOM KC TO HIGH SCHOOLS AND CAMP WIN.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott Hanover Executive Director | 40 | $15,000 | |
Amy Hatch President | 5 | $0 | |
Lisa Hendricks Director / Past President | 2 | $0 | |
Paige Salveter Secretary | 3 | $0 | |
Malachy Connor Treasuer | 1 | $0 | |
Kevin Lehr Director | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $131,842 |
| Total Program Service Revenue | $12,591 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$5,532 |
| Other Revenue | $0 |
| Total Revenue | $138,901 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $27,875 |
| Occupancy, rent, utilities, and maintenance | $9,004 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $23,733 |
| Total expenses | $66,612 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $128,185 |
| Other assets | $0 |
| Total assets | $128,185 |
| Total liabilities | $6,603 |
| Net assets or fund balances | $121,582 |