MILWAUKEE TENNIS AND EDUCATION FOU… - Form 990 Financial Data

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1977

Legal Domicile

Principal Officer

RACHAEL BADT

Phone

4144428195

Tax Period

2024-01-01 to 2024-12-31

MILWAUKEE TENNIS AND EDUCATION FOUNDATION, founded in 1977, is a small nonprofit that reported $511K in total revenue in fiscal year 2024. Revenue surged 36% from the prior year, signaling strong growth momentum. The organization ran a surplus of $166K, a strong 33% operating margin.

Mission

TO IMPROVE THE LIVES AND FUTURES OF MILWAUKEE'S YOUTH THROUGH TENNIS, EDUCATION, AND MENTORING.

Program Service Accomplishments

Program 1

Expenses: $267,441

THE ORGANIZATION PROMOTES TENNIS IN THE STATE OF WISCONSIN, WHILE ALSO PROVIDING EDUCATIONAL TUTORING TO CHILDREN IN MILWAUKEE.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $336,230

Program Service Revenue $24,589

Investment Income $21,793

Other Revenue $127,981

TOTAL REVENUE $510,593

Expense Breakdown

Grants Paid $0

Salaries & Benefits $222,775

Fundraising Expenses $22,655

Program Expenses $267,441

Other Expenses $121,519

TOTAL EXPENSES $344,294

Year-over-Year Comparison

	2024	2023	Change
Revenue	$510,593	$376,675	+0.4%
Expenses	$344,294	$267,980	+0.3%
Net Income	$166,299	$108,695	+0.5%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$104,400

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RACHAEL BADT	EXECUTIVE DI	30.00	Officer	$104,400	$0	$104,400
EARL ARMS	DIRECTOR	N/A	Director	$0	$0	$0
MARY FRAN CAHILL	DIRECTOR	N/A	Director	$0	$0	$0
CHRISTOPHER CONLEY	DIRECTOR	N/A	Director	$0	$0	$0
TIMON CORWIN	DIRECTOR	N/A	Director	$0	$0	$0
TREVOR D'SOUZA	DIRECTOR	N/A	Director	$0	$0	$0
JEFFREY DAVIS	PRESIDENT	N/A	Director	$0	$0	$0
DONNA DROSNER	DIRECTOR	N/A	Director	$0	$0	$0
BRIAN ELLENBECKER	VICE PRESIDE	N/A	Director	$0	$0	$0
MAKDA FESSEHAYE	DIRECTOR	N/A	Director	$0	$0	$0
ELIZABETH HORNEFFER	DIRECTOR	N/A	Director	$0	$0	$0
KURT JANAVITZ	DIRECTOR	N/A	Officer Director	$0	$0	$0
JODI KELLER	DIRECTOR	N/A	Director	$0	$0	$0
JOHN KENDLER	DIRECTOR	N/A	Director	$0	$0	$0
IAN MARTIN	DIRECTOR	N/A	Director	$0	$0	$0
CHARLES MULCAHY	DIRECTOR	N/A	Director	$0	$0	$0
THOMAS O'BYRNE	DIRECTOR	N/A	Director	$0	$0	$0
CARAN QUADRACCI	DIRECTOR	N/A	Director	$0	$0	$0
RAJIT SALUJA	DIRECTOR	N/A	Director	$0	$0	$0
DENNY SCHACKTER	DIRECTOR	N/A	Director	$0	$0	$0
CHRIS SCHIFANO	DIRECTOR	N/A	Officer Director	$0	$0	$0
MICHAEL SPERLING	DIRECTOR	N/A	Director	$0	$0	$0
VUK TEOFANOVIC	TREASURER	N/A	Director	$0	$0	$0
GINA VECERA	DIRECTOR	N/A	Director	$0	$0	$0
JOANNE WILLIAMS	DIRECTOR	N/A	Director	$0	$0	$0
LISA WINDERS	DRECTOR	N/A	Director	$0	$0	$0
SEAN BAILEY	SECRETARY	N/A	Officer	$0	$0	$0
MICHAEL BUCKHOLDT	PAST PRESIDE	N/A	Officer	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$510,593	$344,294	$781,181	$166,299
2023	$376,675	$267,980	$608,806	$108,695
2022	$349,927	$233,062	$494,445	$116,865
2021	$282,472	$238,128	$374,068	$44,344
2020	$298,291	$209,075	$336,832	$89,216
2019	$297,733	$183,319	$231,685	$114,414
2018	$227,710	$272,739	$115,003	$-45,029

MILWAUKEE TENNIS AND EDUCATION FOUNDATION