Nonprofit · EIN 46-1952014
LENNY SIMPSON TENNIS AND EDUCATION FOUNDATION INC
Tax-exempt · WILMINGTON, NC 28401
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $49,758 | $80,458 | -$30,700 | $713,255 | $0 | $713,255 |
| December 31, 2023 | 990 | $163,131 | $178,803 | -$15,672 | $743,955 | $0 | $743,955 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $49,758
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $37,500
- Salaries, compensation and benefits (total)
- $40,369
- Professional fundraising fees
- $0
- Occupancy
- $2,020
- Depreciation
- $20,048
- Program services (functional)
- $61,159
- Management and general (functional)
- $15,507
- Fundraising (functional)
- $3,792
Balance sheet and other
- Total assets, start of year
- $743,955
- Total assets, end of year
- $713,255
- Total liabilities, end of year
- $0
- Net assets, end of year
- $713,255
- Land, buildings and equipment
- $655,771
- Gross receipts
- $49,758
- Employees
- 1
- Volunteers
- 4
- Year formed
- 2013
- State of legal domicile
- TN
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Lendward Simpson | Former Executive Director Trustee or director, Officer | 1 | $37,500 | $4,004 |
| JoAnn Simpson | Executive Director Trustee or director, Officer | 1 | $0 | $20,020 |
| Janet Gaino | Treasurer Trustee or director, Officer | 0 | $0 | $0 |
| Johnnie Ashe | Executive Consultant Trustee or director | 0 | $0 | $0 |
| April Doetsch | Secretary Trustee or director, Officer | 4 | $0 | $0 |
990 for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Lendward Simpson | Former Executive Director Trustee or director, Officer | 40 | $90,000 | $20,028 |
| Janet Gaino | Treasurer Trustee or director, Officer | 0 | $0 | $0 |
| Johnnie Ashe | Executive Consultant Trustee or director | 0 | $0 | $0 |
| April Doetsch | Secretary Trustee or director, Officer | 4 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1406 ORANGE ST, WILMINGTON, NC 28401-4941
- Principal officer (990 for 2024)
- JoAnn Simpson, 1406 Orange Street, Wilmington, NC 28401
- Signed the 990
- JoAnn Simpson, Executive Director
- Phone
- (910) 520-9264
- Website
- www.one-love-tennis.org
- Return prepared by
- EARNEY Accountants & Advisors PLLC
Mission
To provide a year-round program to underserved youth of tennis instruction and academic support that builds self-esteem, character, and life skills, while promoting positive recreation and values like respect, honesty, discipline, and education.
Program accomplishments
- Provided a year-round program for underserved youth in the Greater Wilmington, NC area, offering tennis instruction and academic support in a structured environment that promotes self-esteem, character development, and life skills. The program emphasized tennis as a positive alternative to negative recreation and fostered values such as respect, honesty, sportsmanship, discipline, and educational achievement.Expenses $61,159
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 46-1952014
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2014
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Youth development (O50)
- Assets (IRS master file)
- $713,255
- Income (IRS master file)
- $49,758
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $49,758 | $80,458 | $713,255 | XML |
| 990 | December 2023 | $163,131 | $178,803 | $743,955 | IRS |
| 990 | December 2022 | $144,151 | $118,169 | $794,681 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 46-1952014).
Questions about LENNY SIMPSON TENNIS AND EDUCATION FOUNDATION INC
- What is the EIN of LENNY SIMPSON TENNIS AND EDUCATION FOUNDATION INC?
- The employer identification number (EIN) of LENNY SIMPSON TENNIS AND EDUCATION FOUNDATION INC is 46-1952014.
- Is LENNY SIMPSON TENNIS AND EDUCATION FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
- Are donations to LENNY SIMPSON TENNIS AND EDUCATION FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LENNY SIMPSON TENNIS AND EDUCATION FOUNDATION INC file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of LENNY SIMPSON TENNIS AND EDUCATION FOUNDATION INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LENNY SIMPSON TENNIS AND EDUCATION FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of LENNY SIMPSON TENNIS AND EDUCATION FOUNDATION INC?
- The 990 for the year ended December 31, 2024 names JoAnn Simpson.
- Who are the officers and directors of LENNY SIMPSON TENNIS AND EDUCATION FOUNDATION INC?
- The 990 for the year ended December 31, 2024 lists 5 people; 1 received compensation from the organization, the highest $37,500 (Lendward Simpson, Former Executive Director).
- How much revenue does LENNY SIMPSON TENNIS AND EDUCATION FOUNDATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $49,758, expenses of $80,458 and total assets of $713,255 at year end.
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