Algonquin Indoor Tennis Center Inc
Algonquin Indoor Tennis Center Inc. shows consistent revenue growth and asset accumulation, with a recent significant increase in liabilities.
EIN: 20278125 · Hooksett, NH · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $159K |
| Total Expenses | $122K |
| Program Spending | 80% |
| CEO/Top Officer Pay | $150,000. |
| Net Assets | $409K |
| Transparency Score | 75/100 |
Is Algonquin Indoor Tennis Center Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Algonquin Indoor Tennis Center Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Algonquin Indoor Tennis Center Inc
Algonquin Indoor Tennis Center Inc (EIN: 20278125) is a nonprofit organization based in Hooksett, NH. The organization reported total revenue of $159K and total assets of $723K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Algonquin Indoor Tennis Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Algonquin Indoor Tennis Center Inc is a small nonprofit that has been operating for 55 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 4.6%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $147K |
| Total Expenses | $122K |
| Surplus / Deficit | +$26K |
| Total Assets | $691K |
| Total Liabilities | $282K |
| Net Assets | $409K |
| Operating Margin | 17.4% |
| Debt-to-Asset Ratio | 40.8% |
| Months of Reserves | 68.2 months |
Financial Health Grade: A
In 2024, Algonquin Indoor Tennis Center Inc reported a surplus of $26K with revenue exceeding expenses, holds 68.2 months of operating reserves (strong position), has a debt-to-asset ratio of 40.8% (moderate leverage).
Financial Trends
Over 13 years of filings (2012–2024), Algonquin Indoor Tennis Center Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +5.6% | -10.5% | +2.8% |
| 2023 | +19.8% | +45.5% | -0.4% |
| 2022 | +28.5% | +21.8% | +89.2% |
| 2021 | -2.9% | +7.1% | +4.0% |
| 2020 | -1.9% | -0.7% | +6.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1971 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Algonquin Indoor Tennis Center Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Algonquin Indoor Tennis Center Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $26K, with revenue exceeding expenses.
- Debt-to-asset ratio: 40.8%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all filings, indicating a volunteer-led organization or one with no paid officers, which is highly favorable for a nonprofit of its size with revenues around $150,000.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Algonquin Indoor Tennis Center Inc's IRS 990 filings:
- Significant and unexplained increase in liabilities from $10 in 2021 to $282,042 in 2024.
- NTEE code is unknown, limiting understanding of its specific charitable purpose and sector.
Strengths
The following positive indicators were identified for Algonquin Indoor Tennis Center Inc:
- Consistent revenue growth over the past decade, from $89,080 in 2015 to $147,140 in 2024.
- Healthy asset accumulation, growing from $238,062 in 2015 to $690,968 in 2024.
- 0% officer compensation reported across all filings, indicating efficient use of funds for leadership.
- Consistent filing history with the IRS, demonstrating transparency and compliance.
Frequently Asked Questions about Algonquin Indoor Tennis Center Inc
Is Algonquin Indoor Tennis Center Inc a legitimate charity?
Algonquin Indoor Tennis Center Inc (EIN: 20278125) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $159K. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Algonquin Indoor Tennis Center Inc spend its money?
Algonquin Indoor Tennis Center Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Algonquin Indoor Tennis Center Inc tax-deductible?
Algonquin Indoor Tennis Center Inc is registered as a tax-exempt nonprofit (EIN: 20278125). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Algonquin Indoor Tennis Center Inc CEO make?
Algonquin Indoor Tennis Center Inc's highest-compensated officer earns $150,000. annually. The organization reported $159K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Algonquin Indoor Tennis Center Inc's spending goes to programs?
Algonquin Indoor Tennis Center Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Algonquin Indoor Tennis Center Inc located?
Algonquin Indoor Tennis Center Inc is headquartered in Hooksett, New Hampshire and files with the IRS under EIN 20278125.
How many years of IRS 990 filings does Algonquin Indoor Tennis Center Inc have?
Algonquin Indoor Tennis Center Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $159K in total revenue.
What caused the significant increase in liabilities from $10 in 2021 to $282,042 in 2024?
The provided data does not specify the reason for this dramatic increase in liabilities. It could be due to a loan for facility improvements, a mortgage, or other significant financial obligations. Further investigation into the full IRS Form 990 would be necessary to understand the nature of these liabilities.
What are the specific programs and activities that Algonquin Indoor Tennis Center Inc. undertakes?
The provided data, including the NTEE code being 'Unknown', does not detail the specific programs. Given its name, it likely focuses on providing indoor tennis facilities and related activities, but the exact scope of its charitable programs is not clear from this summary.
How does the organization manage its administrative and fundraising costs?
Without a detailed breakdown of expenses, it's difficult to precisely assess administrative and fundraising costs. However, the 0% officer compensation suggests a very lean administrative structure, which is a positive indicator for cost management.
Filing History
IRS 990 filing history for Algonquin Indoor Tennis Center Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Algonquin Indoor Tennis Center Inc's revenue has grown by 71.9%, moving from $86K to $147K. Total assets increased by 228% over the same period, from $211K to $691K. Total functional expenses rose by 59.4%, from $76K to $122K. In its most recent filing year (2024), Algonquin Indoor Tennis Center Inc reported a surplus of $26K, with revenue exceeding expenses. The organization holds $282K in liabilities against $691K in assets (debt-to-asset ratio: 40.8%), resulting in net assets of $409K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $147K | $122K | $691K | $282K | — | — |
| 2023 | $139K | $136K | $672K | $289K | — | — |
| 2022 | $116K | $93K | $675K | $295K | — | View 990 |
| 2021 | $90K | $77K | $357K | $10 | — | — |
| 2020 | $93K | $71K | $343K | $10 | — | — |
| 2019 | $95K | $72K | $321K | $10 | — | View 990 |
| 2018 | $92K | $75K | $298K | $10 | — | — |
| 2017 | $95K | $73K | $281K | $10 | — | View 990 |
| 2016 | $90K | $69K | $259K | $10 | — | View 990 |
| 2015 | $89K | $79K | $238K | $10 | — | View 990 |
| 2014 | $86K | $76K | $228K | $10 | — | View 990 |
| 2013 | $86K | $78K | $218K | $10 | — | View 990 |
| 2012 | $86K | $76K | $211K | $10 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $147K, expenses of $122K, and assets of $691K (revenue +5.6% year-over-year).
- 2023: Revenue of $139K, expenses of $136K, and assets of $672K (revenue +19.8% year-over-year).
- 2022: Revenue of $116K, expenses of $93K, and assets of $675K (revenue +28.5% year-over-year).
- 2021: Revenue of $90K, expenses of $77K, and assets of $357K (revenue -2.9% year-over-year).
- 2020: Revenue of $93K, expenses of $71K, and assets of $343K (revenue -1.9% year-over-year).
- 2019: Revenue of $95K, expenses of $72K, and assets of $321K (revenue +3.2% year-over-year).
- 2018: Revenue of $92K, expenses of $75K, and assets of $298K (revenue -2.8% year-over-year).
- 2017: Revenue of $95K, expenses of $73K, and assets of $281K (revenue +5.5% year-over-year).
- 2016: Revenue of $90K, expenses of $69K, and assets of $259K (revenue +0.8% year-over-year).
- 2015: Revenue of $89K, expenses of $79K, and assets of $238K (revenue +3.4% year-over-year).
- 2014: Revenue of $86K, expenses of $76K, and assets of $228K (revenue +0.5% year-over-year).
- 2013: Revenue of $86K, expenses of $78K, and assets of $218K (revenue +0.1% year-over-year).
- 2012: Revenue of $86K, expenses of $76K, and assets of $211K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Algonquin Indoor Tennis Center Inc:
Data Sources and Methodology
This transparency report for Algonquin Indoor Tennis Center Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.