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Indianapolis Tennis and Education Foundation Inc

EIN 23-7361641 · Indianapolis, IN

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthStrong93 out of 100GovernanceGood71 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

DESIGNED TO TEACH TENNIS AS A LIFETIME SPORT TO BE ENJOYED FOR RECREATIONAL PLEASURE AND TO OFFER THE OPPORTUNITIES TO THOSE WHO WISH TO EXCEL AS COMPETITIVE PLAYERS. TO USE THE SPORT OF TENNIS TO TEACH LIFE SKILLS TO YOUTH AND ADULTS, CREATE OPPORTUNITIES FOR PERSONAL IMPROVEMENT TO YOUTH AND ADULTS; TO ASSIST AND HELP UNDERPRIVILEGED YOUTH THROUGH ITS PROGRAMS, AND TO PROMOTE, IMPROVE AND BUILD TENNIS FACILITIES ON METROPOLITAN SCHOOL DISTRICT OF WASHINGTON TOWNSHIP PROPERTIES, AS WELL AS TEACH TENNIS PROGRAMS THAT ENHANCE AND ASSIST METROPLOITAN SCHOOL DISTRICT OF WASHINGTON TOWNSHIP'S MISSION TO EDUCATE THE YOUTH OF WASHINGTON TOWNSHIP IN INDIANAPOLIS.

Income
$313,145
Spending
$249,930
Spent on programs
60%
Reserves
13.3 months of spending
Largest source of income
fees for its services, 80%
Employees
32
Volunteers
50
Highest pay
$11,308, chairman of

Source: Form 990 for the year ending February 28, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Strong: 93 out of 100. Higher than 76% of charities in its peer group (recreation and sports, $250k to $1m).

  • Reserves

    35 of 35

    Spendable reserves would cover 13.3 months of spending.

  • Debt

    20 of 20

    It owes 0% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 20% of income.

  • Income trend

    15 of 15

    Income rose 152% on the year before.

  • Spending floor

    8 of 15

    60% of spending went to programs and raising each dollar of donations cost 36 cents.

Source: Form 990 for the year ending February 28, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Good: 71 out of 100. Higher than 69% of charities in its peer group (recreation and sports, $250k to $1m).

  • Independent board

    25 of 25

    13 of 13 voting board members are independent.

  • Conflict of interest policy

    0 of 15

    Reports no written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    0 of 5

    Reports no independent review process for its chief executive's pay.

  • Independent check of accounts

    6 of 15

    Its accounts were not audited or reviewed by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending February 28, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (3)
  1. $58,625 spent. SPRING SUMMER PROGRAM: INCLUDES SUMMER DAY CAMPS THAT PROVIDE TENNIS TRAINING AND OTHER ACTIVITIES. THIS ALSO INCLUDES A FREE PROGRAM FOR KIDS WITHIN MSD WASHINGTON TOWNSHIP, WHERE THEY MEET ONCE A WEEK FOR 8 WEEKS AT NO COST TO FAMILIES.
  2. $88,792 spent. TOURNAMENT TENNIS: INSTRUCTION OF CHILDREN OF VARYING LEVELS OF ABILITY IN COMPETITIVE TENNIS SKILLS AND SPORTSMANSHIP. PROVIDES INSTRUCTION TO APPROXIMATELY 1,200 PLAYERS ANNUALLY.
  3. $3,494 spent. FALL PROGRAM: A CONTINUATION OF THE SPRING AND SUMMER PROGRAM, PROVIDING TENNIS TRAINING AND OTHER ACTIVITIES.

Source: Form 990 for the year ending February 28, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending February 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since July 1975.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.

  7. Could it be confused with another charity? Worth knowing.

    A much larger organization has a similar name: Indianapolis Foundation Inc (Indianapolis, IN), EIN 45-4618430. If that is the one you meant, check the EIN before giving.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.