Colonial Tennis Club Inc
EIN: 463290163 · Dover, DE · NTEE: N50
| Metric | Value |
|---|---|
| Total Expenses | $14K |
| Net Assets | $-78,978 |
Is Colonial Tennis Club Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Colonial Tennis Club Inc
Colonial Tennis Club Inc (EIN: 463290163) is a nonprofit organization based in Dover, DE, classified under NTEE code N50. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Colonial Tennis Club Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Colonial Tennis Club Inc is a micro nonprofit that has been operating for 12 years, with 6 years of IRS 990 filings on record (2008–2013). Revenue has grown at a compound annual rate of 0.1%.
Key Financial Metrics (2013)
From the most recent IRS 990 filing on record:
| Total Revenue | $12K |
| Total Expenses | $14K |
| Surplus / Deficit | $-2,285 |
| Total Assets | $48K |
| Total Liabilities | $127K |
| Net Assets | $-78,978 |
| Operating Margin | -18.9% |
| Debt-to-Asset Ratio | 265.6% |
| Months of Reserves | 39.9 months |
Financial Health Grade: C
In 2013, Colonial Tennis Club Inc reported a deficit of $2K with expenses exceeding revenue, holds 39.9 months of operating reserves (strong position), has a debt-to-asset ratio of 265.6% (high leverage).
Financial Trends
Over 6 years of filings (2008–2013), Colonial Tennis Club Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2013 | +44.6% | -4.9% | +16.5% |
| 2012 | -30.8% | +5.1% | -14.1% |
| 2011 | +5.2% | +119.1% | -4.6% |
| 2010 | -21.1% | -38.5% | +10.9% |
| 2009 | +21.0% | -4.5% | +9.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Colonial Tennis Club Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Colonial Tennis Club Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2013)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $2K, with expenses exceeding revenue.
- Debt-to-asset ratio: 265.6%.
Frequently Asked Questions about Colonial Tennis Club Inc
Is Colonial Tennis Club Inc a legitimate charity?
Colonial Tennis Club Inc (EIN: 463290163) is a registered tax-exempt nonprofit based in Delaware. It has 6 years of IRS 990 filings on record. No red flags identified. Financial health grade: C.
How does Colonial Tennis Club Inc spend its money?
Colonial Tennis Club Inc reported its financials in IRS 990 filings. 6 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Colonial Tennis Club Inc tax-deductible?
Colonial Tennis Club Inc is registered as a tax-exempt nonprofit (EIN: 463290163). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Colonial Tennis Club Inc located?
Colonial Tennis Club Inc is headquartered in Dover, Delaware and files with the IRS under EIN 463290163. It is classified under NTEE code N50.
How many years of IRS 990 filings does Colonial Tennis Club Inc have?
Colonial Tennis Club Inc has 6 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Filing History
IRS 990 filing history for Colonial Tennis Club Inc showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2008–2013), Colonial Tennis Club Inc's revenue has grown by 0.4%, moving from $12K to $12K. Total assets increased by 15.9% over the same period, from $41K to $48K. Total functional expenses rose by 28.8%, from $11K to $14K. In its most recent filing year (2013), Colonial Tennis Club Inc reported a deficit of $2K, with expenses exceeding revenue. The organization holds $127K in liabilities against $48K in assets (debt-to-asset ratio: 265.6%), resulting in net assets of $-78,978.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2013 | $12K | $14K | $48K | $127K | — | — |
| 2012 | $8K | $15K | $41K | $127K | — | — |
| 2011 | $12K | $14K | $48K | $127K | — | View 990 |
| 2010 | $11K | $7K | $50K | $127K | — | View 990 |
| 2009 | $15K | $11K | $45K | $127K | — | View 990 |
| 2008 | $12K | $11K | $41K | $127K | — | View 990 |
Year-by-Year Financial Summary
- 2013: Revenue of $12K, expenses of $14K, and assets of $48K (revenue +44.6% year-over-year).
- 2012: Revenue of $8K, expenses of $15K, and assets of $41K (revenue -30.8% year-over-year).
- 2011: Revenue of $12K, expenses of $14K, and assets of $48K (revenue +5.2% year-over-year).
- 2010: Revenue of $11K, expenses of $7K, and assets of $50K (revenue -21.1% year-over-year).
- 2009: Revenue of $15K, expenses of $11K, and assets of $45K (revenue +21.0% year-over-year).
- 2008: Revenue of $12K, expenses of $11K, and assets of $41K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Colonial Tennis Club Inc:
Data Sources and Methodology
This transparency report for Colonial Tennis Club 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.