2024-10-08T08:55:33-05:00 2023-12-31 411489071 SMITH SCHAFER & ASSOCIATES LTD 7500 HIGHWAY 55 SUITE 350 MINNEAPOLIS MN 55427 990 2023-01-01 411965977 FRED WELLS TENNIS AND EDUCATION CENTER INC FRED 6122528367 100 FEDERAL DRIVE SAINT PAUL MN 55111 ANDREA BOADO DIRECTOR/PRESIDENT 6122528367 2024-08-16 1 ADAM KELLERHALS P01568272 9529201455 2024-08-16 2023 2024-10-15 13:58:12Z ANDREA BOADO 100 FEDERAL DRIVE SAINT PAUL MN 55111 3150996 0 X WWW.FWTEC.ORG X 2000 MN TO BRING PEOPLE TOGETHER OF ALL AGES, ABILITIES AND BACKGROUNDS TO EMBRACE THE LIFELONG GAME OF TENNIS WHILE SERVING UNDER-RESOURCED YOUTH WITH THE SUPPORT OF THE COMMUNITY. 11 11 62 63 0 0 528526 539691 2241781 2451469 706 20560 54817 62368 2825830 3074088 47477 66283 0 0 1575763 1730287 0 0 250083 1125678 985032 2748918 2781602 76912 292486 4373913 4547365 579864 460830 3794049 4086535 X TO BRING PEOPLE TOGETHER OF ALL AGES, ABILITIES AND BACKGROUNDS TO EMBRACE THE LIFELONG GAME OF TENNIS WHILE SERVING UNDER-RESOURCED YOUTH WITH THE SUPPORT OF THE COMMUNITY. 0 0 696570 TENNISWORKS: OUR FREE TENNISWORKS YOUTH DEVELOPMENT PROGRAMS ADVANCE THE PHYSICAL, MENTAL, SOCIAL, AND EMOTIONAL WELL-BEING OF YOUTH WHO HAVE LESS ACCESS TO RESOURCES THROUGH SUPPORTIVE RELATIONSHIPS AND ON- AND OFF-COURT EXPERIENCES. FULL-TIME EXPERIENCED STAFF ENGAGE YOUTH THROUGH SCHOOL AND COMMUNITY PARTNERSHIPS AS WELL AS INDEPENDENTLY RUN LEADERSHIP PROGRAMMING, TENNIS PLAY OPPORTUNITIES, AND CAMPS. IN 2023, THERE WERE 1,470 UNIQUE TENNISWORKS PROGRAM PARTICIPANTS. 763088 66283 1131227 JUNIOR PROGRAMS: OUR FEE-BASED JUNIOR PROGRAMS OFFER AGE AND ABILITY-BASED CLASSES AS WELL AS MATCH PLAY OPPORTUNITIES FOR AGES 5 TO 18. CERTIFIED TENNIS PROFESSIONALS LEAD ALL JUNIOR TENNIS PROGRAMMING WITH A FOCUS ON SKILL DEVELOPMENT, CONFIDENCE, AND FINDING ENJOYMENT AND CONNECTION THROUGH THE SPORT OF TENNIS. IN 2023, 1,239 UNIQUE PLAYERS PARTICIPATED IN FWTEC JUNIOR TENNIS PROGRAMS. COMBINED WITH TENNISWORKS PARTICIPATION, THERE WERE OVER 20,000 JUNIOR TENNIS PLAY EXPERIENCES ON OUR COURTS IN 2023. 72 UNIQUE PLAYERS RECEIVED A TOTAL OF $66,283 IN SCHOLARSHIP ASSISTANCE TO REMOVE FINANCIAL BARRIERS TO PARTICIPATION IN OUR FEE-BASED PROGRAMS. AN ADDITIONAL $4,510 WAS DISBURSED TO COVER TOURNAMENT-RELATED EXPENSES FOR YOUTH IN NEED. 719483 1382610 ADULT PROGRAMS: ADULT TENNIS PROGRAMMING INCLUDES ABILITY-BASED DRILLS AND CLINICS, IN-HOUSE AND USTA LEAGUE PLAY, SENIOR DRILLS, AND PRIVATE LESSONS. ADULT TENNIS OFFERINGS REINFORCE TENNIS AS A LIFELONG SPORT THAT PROMOTES HEALTH, WELLNESS, AND COMMUNITY CONNECTION FOR ALL AGES. IN 2023, 1,286 UNIQUE ADULT PLAYERS PARTICIPATED IN FWTEC PROGRAMS, ADDING UP TO MORE THAN 44,000 ADULT PLAY EXPERIENCES.IN ADDITION TO PROGRAMMING, NEARLY 13,000 COURT HOURS WERE RESERVED FOR INDIVIDUAL PLAY. 3,000 UNIQUE PLAYERS OF ALL AGES ALSO HIT THE COURTS TO SHARE THE GAME WITH FRIENDS AND FAMILY OR PRACTICE WITH THE BALL MACHINE.ALL PROGRAMS AND COURT RENTALS ARE OPEN TO THE PUBLIC. WHILE NOT REQUIRED TO PARTICIPATE, PATRON MEMBERSHIPS ARE AVAILABLE TO SUPPORT OUR MISSION AND ACCESS SELECT BENEFITS. AT THE END OF 2023, 568 FAMILIES, 384 JUNIORS, 492 ADULTS, AND 477 SENIORS/SENIOR COUPLES (AGES 62+) HELD ACTIVE PATRON MEMBERSHIPS. 2179141 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 9 0 62 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 11 11 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 0 0 MN X CHRISTINE NICKELS 6122528367 100 FEDERAL DRIVE ST PAUL MN 55111 JOHN AHERN BOARD PRESIDENT 2.00 X X 0 0 0 ANN HATHAWAY BOARD SECRETARY 1.00 X X 0 0 0 CHRISTINE NICKELS EXECUTIVE DIRECTOR 40.00 X 118248 0 9754 JACK FOSS DIRECTOR 1.00 X 0 0 0 ANDREA BOADO VICE PRESIDENT 1.00 X X 0 0 0 TOM BRADLEY DIRECTOR 1.00 X 0 0 0 JILLIAN GEISLINGER DIRECTOR 1.00 X 0 0 0 SUE HAIGH DIRECTOR 1.00 X 0 0 0 LT NGUYEN DIRECTOR 1.00 X 0 0 0 SCOTT PAYZANT DIRECTOR 1.00 X 0 0 0 KEVIN VEENSTRA DIRECTOR 1.00 X 0 0 0 DAVID ERICKSON BOARD TREASURER 2.00 X 0 0 0 118248 0 9754 1 0 0 0 0 240371 299320 539691 JUNIOR PROGRAMS 713940 845685 845685 LESSONS AND LEAGUES 713940 783687 783687 COURT TIME 713940 584127 584127 EVENTS AND LEAGUES 713940 237970 237970 2451469 28289 28289 360 0 360 360 360 7729 -7729 -7729 -7729 26467 240371 26467 0 100513 42712 57801 57801 MISCELLANEOUS 900099 4207 4207 4207 3074088 2506108 0 28289 66283 66283 128001 12800 89601 25600 1602286 1284915 169942 147429 38321 38321 20483 4097 16386 16686 3337 13349 17803 17803 55599 26688 24464 4447 5229 4811 261 157 5616 5616 223869 205960 11193 6716 83225 66580 12484 4161 UTILITIES 159527 146766 7976 4785 REPAIRS AND MAINTENANCE 147200 147200 CREDIT CARD FEES 99364 99364 PROGRAM AND EQUIPMENT 89991 89991 22119 20349 1106 664 2781602 2179141 352378 250083 752131 474066 799238 1191227 57167 5000 81250 72346 22732 36805 28584 32546 5200174 2464799 2632811 2735375 4373913 4547365 120402 114951 202585 95082 256877 250797 579864 460830 X 3725515 4042560 68534 43975 3794049 4086535 4373913 4547365 292486 0 X 0 1 X 1 0 X 789663 860876 792769 627766 641158 3712232 789663 860876 792769 627766 641158 3712232 556770 3155462 7742 3857 8740 5026 28694 54059 3766291 0.83780 0.83020 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3862667 2111185 1751482 1106126 251699 854427 154971 76309 78662 76410 25606 50804 2735375 DEFERRED REVENUE 247690 OPERATING LEASE 3107 250797 X 3225996 75000 76908 151908 3074088 0 3074088 2933510 75000 76908 151908 2781602 0 2781602 PART X, LINE 2: THE ORGANIZATION HAS EVALUATED ITS POTENTIAL EXPOSURE FOR UNCERTAIN TAX POSITIONS AND MANAGEMENT HAS EXPRESSED THERE ARE NO UNCERTAIN TAX POSITIONS AS OF DECEMBER 31, 2023. TAX RETURNS FOR THE PAST THREE TAX YEARS REMAIN OPEN FOR EXAMINATION BY TAX JURISDICTIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 42,712. FUNDRAISING 26,467. LOSS ON DISPOSAL OF PROPERTY AND EQUIPMENT 7,729. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 42,712. FUNDRAISING 26,467. LOSS ON DISPOSAL OF PROPERTY AND EQUIPMENT 7,729. GALA 197373 197373 4638 21498 24169 PRO-AM 69465 69465 735 4092 266838 266838 4638 22233 28261 55132 -55132 1 CASH - JUNIOR PROGRAMMING 72 66283 PART I, LINE 2 - PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS SCHOLARSHIP APPLICATIONS ARE REVIEWED BY THE SCHOLARSHIP COMMITTEE. THOSE WHO MEET QUALIFICATIONS BASED ON NEED ARE GRANTED BETWEEN 50% AND UP TO FULL SCHOLARSHIP FOR USE AT THE TENNIS & EDUCATION CENTER FOR THE ASSOCIATED JUNIOR PROGRAMS. RECIPIENTS MUST MAINTAIN 85% ATTENDANCE IN THE PROGRAM. AT THE END OF EACH SESSION, THE EXECUTIVE DIRECTOR MEETS WITH THE DIRECTOR OF EDUCATION & PARTNERSHIP TO REVIEW THE USAGE OF SCHOLARSHIP FUNDS AS THEY HAVE BEEN DESIGNATED FOR JUNIOR PROGRAM, MEMBERSHIP FEES, OR SUMMER CAMP. FORM 990, PART VI, LINE 19 GOVERNING DOCUMENTS DISCLOSURE EXPLANATION GOVERNING DOCUMENTS, AND CONFLICT OF INTEREST POLICIES ARE AVAILABLE UPON REQUEST. FINANCIAL STATEMENTS ARE INCLUDED IN THE ANNUAL REPORT. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DOES NOT HAVE ANY COMMITTEES WHICH HAVE THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B A DRAFT OF FORM 990 IS REVIEWED BY THE FINANCE COMMITTEE. AFTER THAT REVIEW IS FINALIZED, FORM 990 IS PRESENTED TO AND APPROVED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION'S CONFLICT OF INTEREST POLICY COVERS DIRECTORS, OFFICERS AND EMPLOYEES OF THE ORGANIZATION. THIS POLICY DEFINES IF SUCH CONFLICT EXISTS. THE BOARD OF DIRECTORS REVIEWS THE POLICY ANNUALLY AND ALL DIRECTORS, OFFICERS AND EMPLOYEES ARE REQUIRED TO SIGN THE POLICY ANNUALLY. THE POLICY IS REVIEWED PERIODICALLY AT MONTHLY STAFF MEETINGS. ALL NEW HIRES MUST SIGN AND ACKNOWLEDGE THIS POLICY. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE COMMITTEE OBTAINS RESEARCH AND INFORMATION TO MAKE A RECOMMENDATION TO THE BOARD FOR THE EXECUTIVE DIRECTOR'S COMPENSATION BASED ON COMPARABLE DATA. THE BOARD DOCUMENTS HOW IT REACHED ITS DECISION AND APPROVES THE DECISION. A YEAR-END PERFORMANCE EVALUATION OF THE EXECUTIVE DIRECTOR IS PRESCRIBED ANNUALLY TO DETERMINE COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 AVAILABLE UPON REQUEST.