Park Lakes Tennis Club
EIN: 226015804 · Mountain Lks, NJ
About Park Lakes Tennis Club
Park Lakes Tennis Club (EIN: 226015804) is a nonprofit organization based in Mountain Lks, NJ. The organization reported total revenue of $269K and total assets of $932K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Park Lakes Tennis Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Park Lakes Tennis Club 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 Park Lakes Tennis Club 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.
Filing History
IRS 990 filing history for Park Lakes Tennis Club showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Park Lakes Tennis Club's revenue has grown by 304.7%, moving from $68K to $277K. Total assets increased by 553.1% over the same period, from $130K to $849K. Total functional expenses rose by 200.6%, from $54K to $163K. In its most recent filing year (2023), Park Lakes Tennis Club reported a surplus of $114K, with revenue exceeding expenses. The organization holds $280K in liabilities against $849K in assets (debt-to-asset ratio: 33.0%), resulting in net assets of $569K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $277K | $163K | $849K | $280K | — | View 990 |
| 2022 | $251K | $166K | $622K | $168K | — | View 990 |
| 2021 | $278K | $123K | $552K | $183K | — | View 990 |
| 2020 | $121K | $116K | $412K | $198K | — | View 990 |
| 2019 | $99K | $103K | $353K | $144K | — | View 990 |
| 2018 | $89K | $98K | $375K | $162K | — | View 990 |
| 2017 | $90K | $87K | $401K | $184K | — | View 990 |
| 2016 | $86K | $71K | $415K | $200K | — | View 990 |
| 2015 | $80K | $66K | $200K | $0 | — | View 990 |
| 2014 | $82K | $61K | $186K | $0 | — | View 990 |
| 2013 | $80K | $64K | $178K | $0 | — | View 990 |
| 2012 | $72K | $54K | $148K | $0 | — | View 990 |
| 2011 | $68K | $54K | $130K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $277K, expenses of $163K, and assets of $849K (revenue +10.2% year-over-year).
- 2022: Revenue of $251K, expenses of $166K, and assets of $622K (revenue -9.6% year-over-year).
- 2021: Revenue of $278K, expenses of $123K, and assets of $552K (revenue +129.3% year-over-year).
- 2020: Revenue of $121K, expenses of $116K, and assets of $412K (revenue +22.0% year-over-year).
- 2019: Revenue of $99K, expenses of $103K, and assets of $353K (revenue +11.9% year-over-year).
- 2018: Revenue of $89K, expenses of $98K, and assets of $375K (revenue -1.2% year-over-year).
- 2017: Revenue of $90K, expenses of $87K, and assets of $401K (revenue +4.4% year-over-year).
- 2016: Revenue of $86K, expenses of $71K, and assets of $415K (revenue +7.1% year-over-year).
- 2015: Revenue of $80K, expenses of $66K, and assets of $200K (revenue -2.5% year-over-year).
- 2014: Revenue of $82K, expenses of $61K, and assets of $186K (revenue +2.8% year-over-year).
- 2013: Revenue of $80K, expenses of $64K, and assets of $178K (revenue +11.3% year-over-year).
- 2012: Revenue of $72K, expenses of $54K, and assets of $148K (revenue +5.2% year-over-year).
- 2011: Revenue of $68K, expenses of $54K, and assets of $130K.
Data Sources and Methodology
This transparency report for Park Lakes Tennis Club 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.