Nonprofit · EIN 14-1733312
CAPITAL REGION YOUTH TENNIS FOUNDATION INC
Tax-exempt · ALBANY, NY 12206
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,006,300 | $572,433 | $433,867 | $2,959,317 | $20,742 | $2,938,575 |
| December 31, 2023 | 990 | $764,547 | $518,630 | $245,917 | $2,520,532 | $15,824 | $2,504,708 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $607,789
- Program service revenue
- $0
- Investment income
- $256,196
- Net income from fundraising events
- $142,315
- Other revenue
- $142,315
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $86,458
- Other salaries and wages
- $277,138
- Salaries, compensation and benefits (total)
- $363,596
- Professional fundraising fees
- $0
- Accounting fees
- $10,900
- Depreciation
- $19,801
- Program services (functional)
- $504,560
- Management and general (functional)
- $57,201
- Fundraising (functional)
- $10,672
Balance sheet and other
- Total assets, start of year
- $2,520,532
- Total assets, end of year
- $2,959,317
- Total liabilities, end of year
- $20,742
- Net assets, end of year
- $2,938,575
- Land, buildings and equipment
- $422,075
- Publicly traded securities
- $2,100,649
- Net assets without donor restrictions
- $2,895,275
- Net assets with donor restrictions
- $43,300
- Gross receipts
- $1,036,170
- Employees
- 34
- Volunteers
- 75
- Year formed
- 1990
- State of legal domicile
- NY
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 |
|---|---|---|---|
| AMBER MARINO | Executive Direc Officer | 50 | $86,458 |
| NINO ALIVODIC | Director Trustee or director | 1 | $0 |
| JONATHAN JONES | Vice President Trustee or director, Officer | 1 | $0 |
| INGE JACOBS | Director Trustee or director | 1 | $0 |
| PHILIP FIELDS | Director Trustee or director | 1 | $0 |
| JENNIFER GOMEZ | Director Trustee or director | 1 | $0 |
| KHADIJAH PEEK | Director Trustee or director | 1 | $0 |
| MIKE MURRAY | Director Trustee or director | 1 | $0 |
| MARGARET MALICKI | President Trustee or director, Officer | 3 | $0 |
| JAMES FOWLER | Treasurer Trustee or director, Officer | 1 | $0 |
| MEG MAC CLARENCE | Director Trustee or director | 1 | $0 |
| JOHN NIGRO | Director Trustee or director | 1 | $0 |
| FARDIN SANAI | Director Trustee or director | 1 | $0 |
| THOMAS SCHMITZ | Director Trustee or director | 1 | $0 |
| ROBERT A SCHMITZ | Director Trustee or director | 1 | $0 |
3 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| HERBERT L SHULTZ JR | Director Trustee or director | 1 | $0 |
| JESSICA DAILEY | Secretary Trustee or director, Officer | 1 | $0 |
| RAYMOND WALKER | Director Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 19 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| AMBER MARINO | Executive Direc Officer | 50 | $86,457 |
| NINO ALIVODIC | Director Trustee or director | 1 | $0 |
| JONATHAN JONES | Vice President Trustee or director, Officer | 1 | $0 |
| INGE JACOBS | Director Trustee or director | 1 | $0 |
| PHILIP FIELDS | Director Trustee or director | 1 | $0 |
| WENDY FOX | Director Trustee or director | 1 | $0 |
| JENNIFER GOMEZ | Director Trustee or director | 1 | $0 |
| KHADIJAH PEEK | Director Trustee or director | 1 | $0 |
| MIKE MURRAY | Director Trustee or director | 1 | $0 |
| MARGARET MALICKI | President Trustee or director, Officer | 3 | $0 |
| JAMES FOWLER | Treasurer Trustee or director, Officer | 1 | $0 |
| MEG MAC CLARENCE | Director Trustee or director | 1 | $0 |
| JOHN NIGRO | Director Trustee or director | 1 | $0 |
| FARDIN SANAI | Director Trustee or director | 1 | $0 |
| THOMAS SCHMITZ | Director Trustee or director | 1 | $0 |
| ROBERT A SCHMITZ | Director Trustee or director | 1 | $0 |
| HERBERT L SHULTZ JR | Director Trustee or director | 1 | $0 |
| JESSICA DAILEY | Secretary Trustee or director, Officer | 1 | $0 |
| RAYMOND WALKER | Director Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 785 WASHINGTON AVE, ALBANY, NY 12206-1801
- Principal officer (990 for 2024)
- MARGARET MALICKI, 785 WASHINGTON AVENUE, ALBANY, NY 12206
- Signed the 990
- MARGARET MALICKI, President
- Phone
- (518) 438-2039
- Website
- www.15love.org
- Return prepared by
- ROBERT J PALMERINO CPA
Mission
The Organization is devoted to the improvement and enrichment of the lives of inner city youths through the use of tennis.
Program accomplishments
- Through free organized tennis instruction and off court counseling, 15 LOVE works with children in a loving, caring way on a variety of important issues. The program promotes education, emphasizes good health (both physical and emotional), instills positive values, supports family preservation, fosters multi-cultural relationships, advocates good sportsmanship, and encourages community service. The program operates on a year-round basis, serving youth throughout the Capital Region at indoor locations during the fall and winter months and outdoor locations during the summer months. Typically, over 7,000 kids participate in the program annually.15 LOVE is modeled after similar tennis programs founded by the late Arthur Ashe "to teach the game of life." The tennis great, who got his start on the public courts said: "We're involved in improving the odds for youth because we just don't have a choice. The price of not acting is too high."Expenses $504,560
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. 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
- 14-1733312
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1991
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Recreation and sports (N66Z)
- Assets (IRS master file)
- $2,959,317
- Income (IRS master file)
- $1,036,170
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,006,300 | $572,433 | $2,959,317 | XML |
| 990 | December 2023 | $764,547 | $518,630 | $2,520,532 | XML |
| 990 | December 2022 | $263,592 | $491,048 | $2,280,342 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | 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 14-1733312).
Questions about CAPITAL REGION YOUTH TENNIS FOUNDATION INC
- What is the EIN of CAPITAL REGION YOUTH TENNIS FOUNDATION INC?
- The employer identification number (EIN) of CAPITAL REGION YOUTH TENNIS FOUNDATION INC is 14-1733312.
- Is CAPITAL REGION YOUTH TENNIS FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1991.
- Are donations to CAPITAL REGION YOUTH TENNIS FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CAPITAL REGION YOUTH TENNIS FOUNDATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of CAPITAL REGION YOUTH TENNIS 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 CAPITAL REGION YOUTH TENNIS 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 CAPITAL REGION YOUTH TENNIS FOUNDATION INC?
- The 990 for the year ended December 31, 2024 names MARGARET MALICKI.
- Who are the officers and directors of CAPITAL REGION YOUTH TENNIS FOUNDATION INC?
- The 990 for the year ended December 31, 2024 lists 18 people; 1 received compensation from the organization, the highest $86,458 (AMBER MARINO, Executive Direc).
- How much revenue does CAPITAL REGION YOUTH TENNIS FOUNDATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,006,300, expenses of $572,433 and total assets of $2,959,317 at year end.
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