2024-07-11T10:51:09-05:00 2023-08-31 232896692 BBD LLP 1835 MARKET STREET SUITE 300 PHILADELPHIA PA 19103 990 2022-09-01 231747032 LEGACY YOUTH TENNIS AND EDUCATION INC LEGA 2154873477 4842 RIDGE AVENUE PHILADELPHIA PA 19129 RONALD NANO PRESIDENT & CEO 2154873477 2024-07-11 1 RONALD NANO XXX-XX-XXXX 0 BRIAN PAGE P02402981 2155677770 2024-07-11 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z RONALD NANO CEO 4842 RIDGE AVENUE PHILADELPHIA PA 19129 6264023 0 X WWW.LEGACYYTE.ORG X 1954 PA PREPARING YOUTH FOR SUCCESS THROUGH OUR INCLUSIVE COMMUNITY, USING TENNIS, EDUCATION AND CHARACTER PROGRAMMING. 25 25 205 95 0 0 1685417 3079665 1694680 2283162 98665 90596 39887 -111 3518649 5453312 27729 33190 0 0 2810234 3541665 0 0 274367 1043440 1152229 3881403 4727084 -362754 726228 9703748 9446511 902978 386519 8800770 9059992 PREPARING YOUTH FOR SUCCESS THROUGH OUR INCLUSIVE COMMUNITY, USING TENNIS, EDUCATION AND CHARACTER PROGRAMMING. 0 0 3509299 33190 2283162 LEGACY YOUTH TENNIS AND EDUCATION NOW PROVIDES QUALITY TENNIS, EDUCATION, LIFE SKILLS, FITNESS AND LEADERSHIP DEVELOPMENT TO OVER 3,500 YOUNG PEOPLE IN MORE THAN 40 PUBLIC, CHARTER AND PAROCHIAL ELEMENTARY AND MIDDLE SCHOOLS AND RECREATION CENTERS IN NEIGHBORHOOD SITES THROUGHOUT GREATER PHILADELPHIA AND AT OUR CENTER IN EAST FALLS. WE PROVIDE QUALIFIED INSTRUCTORS, SPORTS EQUIPMENT, AND POSITIVE OPPORTUNITIES TO MORE CHILDREN AND YOUTH, MOST OF WHOM PARTICIPATE AT LITTLE OR NO COST THROUGH OUR INDOOR AFTER-SCHOOL AND COMMUNITY PROGRAMS AND THE NATIONAL JUNIOR TENNIS AND LEARNING'S (NJTL) OUTDOOR SUMMER PROGRAM. USING TENNIS AS THE PRIMARY MOTIVATOR, THE PROGRAMS TEACH POSITIVE, REWARDING LESSONS, BUILD CONFIDENCE, AND PROVIDE A FRAMEWORK OF PERSONAL DISCIPLINE. 3509299 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 14 0 1 205 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 25 25 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 PA X THE ORGANIZATION 2154873477 4842 RIDGE AVENUE PHILADELPHIA PA 19129 JONATHAN SPERGEL ESQ CHAIR OF THE BOARD 5.00 X X 0 0 0 EVAN BOOKER VICE CHAIRMAN 5.00 X X 0 0 0 ALAN LINDY DIRECTOR 2.00 X 0 0 0 JAMES SHINEHOUSE BOARD TREASURER, CHAIR OF 5.00 X X 0 0 0 DAVID BROIDA DIRECTOR 2.00 X 0 0 0 HEATHER PALMER CHAIR OF DEVELOPMENT COMMI 2.00 X 0 0 0 MARIA MCGARRY CHAIR OF PROGRAM COMMITTEE 2.00 X 0 0 0 NED RAHN SECRETARY 5.00 X X 0 0 0 ALEXANDER HAMILTON DIRECTOR 2.00 X 0 0 0 STEVEN C SAVRAN DIRECTOR 2.00 X 0 0 0 BRUCE FICKEN DIRECTOR 2.00 X 0 0 0 LAUREN SHIPLEY DIRECTOR 2.00 X 0 0 0 DONNA M MURASKO PHD DIRECTOR 2.00 X 0 0 0 HENRY STURSBERG DIRECTOR 2.00 X 0 0 0 LEE RUDY CHAIR OF GOVERNANCE 2.00 X 0 0 0 MARY ELLEN KROBER ESQ DIRECTOR 2.00 X 0 0 0 NED BOROWSKY DIRECTOR 2.00 X 0 0 0 PETER ZILPER DIRECTOR 2.00 X 0 0 0 MARK ARRINGTON DIRECTOR 2.00 X 0 0 0 JELENA BATULA DIRECTOR 2.00 X 0 0 0 ERICA GUERS DIRECTOR 2.00 X 0 0 0 ABRAHAM MUNABI MD DIRECTOR 2.00 X 0 0 0 SANJA WHITMAN DIRECTOR 2.00 X 0 0 0 NICHOLAS FEDEN DIRECTOR 2.00 X 0 0 0 BABA TAIYE RENFROW DIRECTOR 2.00 X 0 0 0 RONALD NANO PRESIDENT AND CEO 40.00 X 276035 0 1532 SANJIN KUNOVAC VP OF TENNIS AND BUSINESS 40.00 X 184429 0 528 KATHRIN SOROKKO SR DIR OPERATIONS 40.00 X 158261 0 6840 RACHEL LIPPOFF DIRECTOR OF DEVELOPMENT 40.00 X 114098 0 5691 CHRISTIAN ATIENZA ASSOCIATE DIRECTOR ADULT TENNIS 40.00 X 143519 0 0 876342 0 14591 5 0 1 0 0 682347 1379708 1017610 3079665 YOUTH TENNIS PROGRAMS 611600 2283162 2283162 2283162 50248 50248 682312 641964 40348 40348 40348 159817 682347 168747 -8930 -8930 MISCELLANEOUS REVENUE 900099 8819 8819 8819 5453312 2283162 0 90485 33190 33190 272596 204581 52071 15944 2972403 2334583 452531 185289 30238 12885 16690 663 266428 105941 155233 5254 16147 16147 120099 43889 74301 1909 18807 7806 1500 9501 91651 78056 8586 5009 154947 152384 2563 80352 39672 39909 771 3973 3179 397 397 330159 264127 33016 33016 108402 26400 82002 MISCELLANEOUS EXPENSES 113909 99433 6102 8374 SUPPLIES 77463 66853 2370 8240 SPECIAL PROGRAM 36320 36320 4727084 3509299 943418 274367 218498 562529 210407 187346 22500 235945 314803 66471 29472 11817670 5475625 6558434 6342045 2320670 1970940 70823 39376 9703748 9446511 266255 89968 386192 296551 250531 902978 386519 X 7838521 8811723 962249 248269 8800770 9059992 9703748 9446511 X 726228 98472 -565478 X 0 1 X 1 1 1 X 970691 1336354 1976961 1685417 3079665 9049088 1632676 1338426 1363787 1694680 2283162 8312731 2603367 2674780 3340748 3380097 5362827 17361819 158607 172193 190003 174793 329499 1025095 0 158607 172193 190003 174793 329499 1025095 16336724 61847 54497 54408 57705 50248 278705 61847 54497 54408 57705 50248 278705 173305 38777 37220 51698 434047 735047 2838519 2768054 3432376 3489500 5847122 18375571 0.88900 0.90120 0.01520 0.02010 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: GROSS INCOME FROM FUNDRAISING EVENTS - 2018 AMOUNT: $ 156,787. 2019 AMOUNT: $ 31,760. 2020 AMOUNT: $ 23,883. 2021 AMOUNT: $ 42,292. 2022 AMOUNT: $ 425,228. MISCELLANEOUS INCOME - 2018 AMOUNT: $ 16,518. 2019 AMOUNT: $ 7,017. 2020 AMOUNT: $ 13,337. 2021 AMOUNT: $ 9,406. 2022 AMOUNT: $ 8,819. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 884223 67161 951384 1033246 233 -149256 884223 853496 179750 1033246 782307 16188 71620 16619 853496 919134 28896 3781 169504 782307 0 0 11090758 4763878 6326880 527013 517092 9921 199899 194655 5244 6342045 X 5158906 98472 -561625 -463153 5622059 -168747 -168747 5453312 4899684 188747 188747 4710937 16147 16147 4727084 PART V, LINE 4: THE ENDOWMENT FUND HAS NOT BEEN RESTRICTED BY DONORS; HOWEVER, IT HAS BEEN DESIGNATED BY THE BOARD OF DIRECTORS TO BE USED AS AN ENDOWMENT WITH 5% OF THE AVERAGE BALANCE OF THE PRECEDING 20 MONTHS BEING USED TO SUPPORT OPERATIONS. PART X, LINE 2: GAAP REQUIRES ENTITIES TO EVALUATE, MEASURE, RECOGNIZE AND DISCLOSE ANY UNCERTAIN TAX POSITIONS. GAAP PRESCRIBES A MINIMUM THRESHOLD THAT A TAX POSITION IS REQUIRED TO MEET IN ORDER TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS. THE ORGANIZATION BELIEVES THAT IT HAD NO UNCERTAIN TAX POSITIONS AS DEFINED IN GAAP. PART XI, LINE 2D - OTHER ADJUSTMENTS: INVESTMENT EXPENSES -16,147. REFUND ON LEGAL SETTLEMENT -545,478. PART XI, LINE 4B - OTHER ADJUSTMENTS: DIRECT SPECIAL EVENT EXPENSES -168,747. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT SPECIAL EVENT EXPENSES 168,747. BAD DEBT EXPENSE 20,000. ANNUAL BENEFIT 2023 799991 654874 145117 38557 10255 18076 LEGACY ON THE LAWN 28141 15191 12950 8828 1 14032 12282 1750 3031 842164 682347 159817 38557 22114 18076 78747 81070 1 SCHOLARSHIP 14 33190 PART I, LINE 2: GRANTS ARE AWARDED IN THE FORM OF SCHOLARSHIPS TO PAY FOR COACHING AND OTHER NECESSITIES OF DESERVING INDIVIDUALS IN THEIR PURSUIT OF SUCCESS BOTH ON AND OFF THE COURT. X X X 0 0 0 0 0 0 0 0 0 RONALD NANO PRESIDENT AND CEO 276035 0 0 0 0 0 0 0 1532 0 277567 0 0 0 SANJIN KUNOVAC VP OF TENNIS AND BUSINESS 184429 0 0 0 0 0 0 0 528 0 184957 0 0 0 KATHRIN SOROKKO SR DIR OPERATIONS 158261 0 0 0 0 0 0 0 6840 0 165101 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE FINAL DRAFT OF THE FORM 990 IS MADE AVAILABLE FOR REVIEW BY ALL MEMBERS OF THE BOARD OF DIRECTORS FOR AT LEAST ONE WEEK PRIOR TO ISSUANCE. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION HAS A CONFLICT OF INTEREST POLICY WHICH IT REQUIRES ALL BOARD MEMBERS TO COMPLETE AND SIGN. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE COMMITTEE OF THE BOARD REVIEWS AND APPROVES THE PRESIDENT'S COMPENSATION ANNUALLY BASED ON REVIEW OF COMPENSATION LISTED ON FORM 990 OF OTHER SIMILAR ORGANIZATIONS AND THE ACHIEVEMENT OF SPECIFIED GOALS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: BAD DEBT EXPENSE -20,000. REFUND ON LEGAL SETTLEMENT -545,478.