Blue Chip Player Development EIN 85-1096129 Form 990 (PDF) Claim this org

Blue Chip Player Development

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Develops tennis players through training and support. For fiscal year 2024 it reported $969K in revenue, $871K in expenses, and $199K in net assets.Pt I

Type
Public charity (501(c)(3)) · Nonprofit
Location
Ann Arbor, MI
Filings
5 on file (2020–2024)
Revenue
$969KFY2024
Expenses
$871K
Net assets
$199K
People
8
Filings
5
Updates
0
More identity details & actions ⌄
EIN  85-1096129 Public charity (501(c)(3)) Ann Arbor, MI
Form 990 (PDF)
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Size
$100K–1M
What they do
Develops tennis players through training and support.
Leadership
Emily Kelley · Executive Director · $72K
Money in and out
$969K revenue, $871K expenses
Bottom line
89% program efficiency
Where the money goes · FY2024
Total revenue
$969K
Pt VIII · Ln 12
Total expenses
$871K
Pt IX · Ln 25
Net assets
$199K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $98K
Where spending went · Part IX cols B–D
Program services $0.89 Management & general $0.11
Program efficiency
89%
of spending reaches programs▲ +3% vs prior filing year
Operating runway
2.0mo
months of highly liquid reserves at operating expense rate▲ +100% vs prior filing year
Surplus margin
+10%
revenue over expenses, this year▲ +162% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$969K
FY2024▲ +38%
Expenses
$871K
FY2024▲ +29%
Total assets
$199K
FY2024▲ +89%
Total liabilities
$-498
FY2024▼ -112%
Total revenue
$969K
Pt VIII · Ln 12
Total expenses
$871K
Pt IX · Ln 25
Net assets
$199K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$98K
Total assetsPt X · Ln 16$199K
Program-expense ratioPt IX · col B89%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 41

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CBlue Chip Player Development
EINHdr · item D85-1096129
Principal addressHdr · item CAnn Arbor, MI
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMI
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFNov 2020

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a7
Independent voting membersPt VI · Ln 1b1
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$71,836Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Chairman
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2023FY2022FY2021
Emily Kelley$71,836$59,391$47,515$37,202

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Mission & Programs · Part III

Where the work happens

1 program service account for $776K of program spending, described in the organization's own filed words · FY2024.
01

Tennis Programs Camps and Lessons

$776Kprogram expense

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Statement of Revenue

Part VIII
Program service revenue$797K · 82%
Contributions & grants$171K · 18%
Program service revenue82%$797K
Contributions & grants18%$171K
Total revenueLn 12$969K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.89 Management & general $0.11
Program services89%$776K
Management & general11%$95K
Total functional expensesLn 25$871K

Balance Sheet

Part X · end of year
CashLn 1$146K
Total assetsLn 16$199K
Total liabilitiesLn 26$-498
Total net assetsLn 32$199K
Months of cash on handcomputed2.0

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $146K · Operating expenses/yr $871K
2.0 months
Where the money goes
Program services
Program services $776K · Total expenses $871K
89%
Management & General
Management & general $95K · Total expenses $871K
11%
Fundraising
Fundraising $0 · Total expenses $871K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $64K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $171K · Total revenue $969K
18%
Government reliance
Government grants $0 · Total revenue $969K
0%
Earned-income share
Program service revenue $797K · Total revenue $969K
82%
Investment reliance
Investment income $0 · Total revenue $969K
0%
Program self-sufficiency
Program service revenue $797K · Total expenses $871K
92%
Growth & trend
Revenue growth (YoY)
This year $969K · Prior year $703K
+38%
Revenue CAGR
FY2020 $145K · FY2024 $969K
+61%
Net-asset trend (YoY)
End of year $199K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $969K · Expenses $871K
+10%
Liabilities-to-Assets
Total liabilities — · Total assets $199K
Net-asset ratio
Net assets $199K · Total assets $199K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $199K
0%
People & payroll
Highest Reported Total Compensation
Individual Emily Kelley · Reported title Executive Director · Highest reported compensation $72K · Total expenses $871K
8%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $318K · Total expenses $871K
36%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 89%
Overhead ratio 11%
Fundraising cost ratio 0%
Revenue growth 38%
Investment management fee ratio 0%
Legal fee ratio 0.1%
Accounting fee ratio 0.3%
Fundraising fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$100K
Grants paid · 2 grants · $28K · 2021–2022
Unitemized GrantFY2022$11,500
Unitemized GrantFY2021$16,835

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$969K revenue · viewing · ⤓ 990 PDF
FY2023$703K revenue · ⤓ 990 PDF
FY2022$657K revenue · ⤓ 990 PDF
FY2021$498K revenue · ⤓ 990 PDF
FY2020$145K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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