WASHINGTON TENNIS & EDUCATION
Mission Statement
The Washington Tennis & Education Foundation (WTEF) is a premier educational and tennis organization for underserved children in Washington DC. The mission of WTEF is to improve the life prospects of low-income, underserved children and youth in the District of Columbia through athletic and academic enrichment. We seek to keep children off city streets during out-of-school time, in a safe environment they can trust; to engage them in productive activities that teach discipline, build confidence, improve school performance, and encourage a healthy lifestyle. We empower our students to achieve their highest potential by helping them develop meaningful values and critical life skills that will lead them to make constructive life choices. WTEF builds life champions.
Financial Overview — FY 2023
Compared with Peers
FY 2025| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
80.8% | 81.2% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
8.0% | 11.6% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
11.2% | 4.9% |
P10P90
|
Bottom quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
739.9% | 180.4% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
83.0 mo | 10.8 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.3% | 9.7% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
55.5% | 90.2% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
-15.6% | 4.6% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
11.6% | 7.1% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-23.0% | 2.0% |
P10P90
|
CharityAI™ Evaluation — 2025
73 / 100Impact
1 program| Outcome / Program | People Served | Cost / Service | # Completed | Duration |
|---|---|---|---|---|
| — | 1,100 | $2,909.09 | — | Per Year |
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $2.9M | $3.5M | $24.2M | 80.8% | 89 |
| 2022 | $3.4M | $3.1M | $24.7M | 84.2% | 84 |
| 2021 | $2.9M | $2.7M | N/A | — | 65 |
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