Lenny Simpson Tennis and Education Fund (EIN 461952014) - Form 990 Financial Analysis & Trantor Score

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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

2013

Legal Domicile

Principal Officer

JoAnn Simpson

Phone

9105209264

Tax Period

2024-01-01 to 2024-12-31

Lenny Simpson Tennis and Education Fund, founded in 2013, is a micro nonprofit in the Youth Development sector that reported $50K in total revenue in fiscal year 2024. Revenue fell 69% from the prior year — a significant decline worth monitoring. Expenses of $80K exceeded revenue, resulting in a 62% operating deficit.

Mission

Empowering underserved youth through year-round tennis, education, and character development.

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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 $49,758

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $49,758

Expense Breakdown

Grants Paid $0

Salaries & Benefits $40,369

Fundraising Expenses $3,792

Program Expenses $61,159

Other Expenses $40,089

TOTAL EXPENSES $80,458

Year-over-Year Comparison

	2024	2023	Change
Revenue	$49,758	$163,131	-0.7%
Expenses	$80,458	$178,803	-0.6%
Net Income	$-30,700	$-15,672	+1.0%

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

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

$61,524

Total Directors

$61,524

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Lendward Simpson	Former Executive Director	1.00	Officer Director	$37,500	$4,004	$41,504
Janet Gaino	Treasurer	0.00	Officer Director	$0	$0	$0
Johnnie Ashe	Executive Consultant	0.00	Director	$0	$0	$0
April Doetsch	Secretary	4.00	Officer Director	$0	$0	$0
JoAnn Simpson	Executive Director	1.00	Officer Director	$0	$20,020	$20,020

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	$49,758	$80,458	$713,255	$-30,700
2023	No data	No data	No data	No data
2022	$144,151	$118,169	$794,681	$25,982
2021	$183,471	$185,820	$787,056	$-2,349
2020	$207,849	$191,735	$758,832	$16,114
2019	$424,089	$230,692	$731,903	$193,397
2018	$427,974	$243,310	$534,332	$184,664

Lenny Simpson Tennis and Education Fund