WTA FOUNDATION INC (EIN 813707788) - 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

2016

Legal Domicile

Principal Officer

STEVE SIMON

Phone

7275021236

Tax Period

2023-01-01 to 2023-12-31

WTA FOUNDATION INC, founded in 2016, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $1.1M in total revenue in fiscal year 2023. Revenue surged 590% from the prior year, signaling strong growth momentum. The organization ran a surplus of $594K, a strong 52% operating margin.

Mission

WTA FOUNDATION, INC. IS SETTING OUT TO MAKE A POSITIVE IMPACT IN PEOPLE'S LIVES USING TENNIS AS A PLATFORM. PROMOTING, EDUCATING AND SUPPORTING HEALTHY AND ACTIVE LIVES THROUGH BOTH PHYSICAL AND MENTAL HEALTH.

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,132,595

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,132,595

Expense Breakdown

Grants Paid $303,804

Salaries & Benefits $0

Fundraising Expenses $3,301

Program Expenses $494,032

Other Expenses $235,201

TOTAL EXPENSES $539,005

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,132,595	$164,137	+5.9%
Expenses	$539,005	$147,270	+2.7%
Net Income	$593,590	$16,867	+34.2%

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

N/A

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

$1,071,087

Total Directors

$1,385,364

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEVE SIMON	PRESIDENT	2.00	Director	$0	$27,625	$1,385,364
PAM SHRIVER	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
BOB MORAN	TOURNAMENT DIRECTOR	2.00	Director	$0	$0	$0
BRANDON BURKE	PLAYER DIRECTOR	2.00	Director	$0	$0	$0
DANIELA HANTUCHOVA	WTA ALUMNAE DIRECTOR	2.00	Director	$0	$0	$0
TRACY AUSTIN	WTA ALUMNAE DIRECTOR	2.00	Director	$0	$0	$0
JAN SODERSTROM	INDEPENDENT DIRECTOR	2.00	Director	$0	$0	$0
MATTHEW CENDELLA	TREASURER	2.00	Officer	$0	$22,188	$738,838
GINA GIACUSA	SECRETARY	2.00	Officer	$0	$28,903	$175,501
ANN AUSTIN	CHARITY ADMINSTRATOR	2.00	Officer	$0	$28,256	$156,748

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	No data	No data	No data	No data
2023	$1,132,595	$539,005	$1,258,854	$593,590
2022	$164,137	$147,270	$610,835	$16,867
2021	$33,536	$136,117	$654,488	$-102,581
2020	$1,244,672	$718,572	$780,128	$526,100

WTA FOUNDATION INC