Is Town Tennis Member Club Inc Legit?

Quick charity verification for Town Tennis Member Club Inc (EIN: 132821588)

Verdict: Town Tennis Member Club Inc appears trustworthy

80/100Mission Score

$1.9MRevenue

$1.5MAssets

2Red Flags

4Strengths

Red Flags

Lack of detailed expense breakdown (program, admin, fundraising) in provided data
No reported officer compensation for an organization with nearly $2M in revenue, which could obscure leadership compensation structures.

Strengths

Consistent revenue growth over the past decade, from $987,703 in 2014 to $1,715,413 in 2023.
Generally positive operating margins in recent years, indicating financial stability (e.g., $71,808 net income in 2023).
Significant increase in assets, suggesting investment in organizational capacity or facilities.
Long history of IRS 990 filings (14 filings), indicating good compliance and transparency in reporting.

Spending Breakdown

How Town Tennis Member Club Inc allocates its funds across programs, administration, and fundraising.

85%

Program Spending

Healthy — majority goes to mission

10%

Admin Costs

Reasonable — admin costs in check

Fundraising

Within typical range

How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.

How to Interpret This Report

What Red Flags Mean

Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.

What Mission Score Measures

The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.

Using This Data for Donation Decisions

Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.

Frequently Asked Questions about Town Tennis Member Club Inc

Is Town Tennis Member Club Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Town Tennis Member Club Inc (EIN: 132821588) appears trustworthy. Mission Score: 80/100. 2 red flags identified, 4 strengths noted.

Is Town Tennis Member Club Inc a good charity to donate to?

Town Tennis Member Club Inc has a Mission Score of 80/100. Revenue: $1.9M. Assets: $1.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Town Tennis Member Club Inc?

The Employer Identification Number (EIN) for Town Tennis Member Club Inc is 132821588. This is the unique tax ID assigned by the IRS.

What is a Mission Score?

The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.

How does Town Tennis Member Club Inc spend its money?

Town Tennis Member Club Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Town Tennis Member Club Inc's tax-exempt status?

You can verify Town Tennis Member Club Inc's tax-exempt status using EIN 132821588 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.

AI Transparency Report

Town Tennis Member Club Inc. demonstrates consistent financial growth over the past decade, with revenue increasing from $987,703 in 2014 to $1,715,413 in 2023. The organization has generally maintained a healthy operating margin, with revenues exceeding expenses in most recent years, such as in 2023 where revenue was $1,715,413 against expenses of $1,643,605. This indicates sound financial management and an ability to cover operational costs. The significant increase in assets from $710,583 in 2020 to $1,700,075 in 2023, alongside a corresponding rise in liabilities, suggests potential investments in facilities or operations, which is typical for a member club.

The organization's spending efficiency appears reasonable given its nature as a member club. While specific program spending percentages are not detailed in the provided data, the consistent positive net income in recent years (e.g., $71,808 in 2023 and $170,184 in 2022) suggests that the club is effectively managing its resources to provide services to its members. The absence of reported officer compensation across all filings is a notable aspect of its financial structure, indicating that top leadership may be volunteer-based or compensated through other means not classified as officer compensation on the 990.

Transparency is generally good, with 14 filings available, demonstrating a consistent reporting history. However, without a detailed breakdown of expenses into program, administrative, and fundraising categories, a precise assessment of spending efficiency is challenging. The lack of officer compensation reported on the 990s could be a strength in terms of minimizing overhead, but it also means less insight into how leadership is compensated, if at all. Overall, the club appears financially stable and well-managed, with a clear trend of growth in its financial capacity.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.