Overview

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Est.

2005

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

The XS Tennis and Education Foundation (EIN: 26-1734791) is a nonprofit organization dedicated to providing underserved youth in Chicago with a safe haven and a positive pathway to college through a community-based tennis and academic enrichment program. With an operating budget of $3.6 million and total revenue of $22.7 million for the 2024 filing year, the foundation engages a diverse array of funders without relying on any single source for over 50% of its revenue. More information can be found on their website at www.xstennis.org.

Mission Statement

THE XS TENNIS AND EDUCATION FOUNDATION (XSTEF) MISSION IS TO PROVIDE CHICAGOS UNDERSERVED YOUTH WITH AN ENRICHING SAFE-HAVEN AND POSITIVE PATHWAY TO COLLEGE THROUGH A COMMUNITY-BASED TENNIS AND ACADEMIC ENRICHMENT PROGRAM.
Revenues
$22.7M
Expenses
$3.6M
Net Income:
+$19.2M
Assets
$21.7M
Liabilities
$588.8K
Net Assets:
+$21.1M
Operating Budget
$3.6M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
6
Median grant size
$17.6K
Largest grant received
$51K
K
Kamau Murray
Board Member
N
Nicole Kenner
Board Member
L
Lolita Preston
Board Member

Frequently Asked Questions

What is XS Tennis and Education Foundation’s budget?
In 2024, XS Tennis and Education Foundation reported an annual operating budget of around $3.6 million. More detailed financial information is available to registered users.
What causes does XS Tennis and Education Foundation support?
XS Tennis and Education Foundation supports work in Racquet sports.
Where does XS Tennis and Education Foundation operate?
XS Tennis and Education Foundation is headquartered in Chicago, IL.
Who funded XS Tennis and Education Foundation recently?
In 2024, XS Tennis and Education Foundation received grants from THE INDEPENDENT CHARITABLE GIFT FUND, USTA FOUNDATION INCORPORATED, and FIDELITY INVESTMENTS CHARITABLE GIFT FUND. More information on this organization’s funders is available to registered users.
What is the largest grant XS Tennis and Education Foundation received in 2024?
The largest grant to XS Tennis and Education Foundation in 2024 exceeds $51 thousand.
What is XS Tennis and Education Foundation’s reliance on government grants?
XS Tennis and Education Foundation relied on government grants for more than 45% of their total revenue in 2024.