Town Tennis Member Club Inc
Town Tennis Member Club Inc. shows consistent revenue growth and positive operating margins over the last decade with no reported officer compensation.
EIN: 132821588 · New York, NY · NTEE: N50 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.9M |
| Total Expenses | $1.6M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $2 |
| Net Assets | $823K |
| Transparency Score | 80/100 |
Is Town Tennis Member Club Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Town Tennis Member Club Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Town Tennis Member Club Inc
Town Tennis Member Club Inc (EIN: 132821588) is a nonprofit organization based in New York, NY, classified under NTEE code N50. The organization reported total revenue of $1.9M and total assets of $1.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Town Tennis Member Club Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Town Tennis Member Club Inc is a mid-size nonprofit that has been operating for 49 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 3.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.7M |
| Total Expenses | $1.6M |
| Surplus / Deficit | +$72K |
| Total Assets | $1.7M |
| Total Liabilities | $878K |
| Net Assets | $823K |
| Operating Margin | 4.2% |
| Debt-to-Asset Ratio | 51.6% |
| Months of Reserves | 12.4 months |
Financial Health Grade: A
In 2023, Town Tennis Member Club Inc reported a surplus of $72K with revenue exceeding expenses, holds 12.4 months of operating reserves (strong position), has a debt-to-asset ratio of 51.6% (high leverage).
Financial Trends
Over 14 years of filings (2010–2023), Town Tennis Member Club Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +3.0% | +10.0% | +10.7% |
| 2022 | +8.7% | +4.7% | +87.6% |
| 2021 | +30.3% | +31.6% | +15.2% |
| 2020 | -6.3% | -24.2% | +9.4% |
| 2019 | +1.6% | +12.9% | -23.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1977 |
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 Town Tennis Member Club Inc with a Mission Score of 80 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Town Tennis Member Club Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $72K, with revenue exceeding expenses.
- Debt-to-asset ratio: 51.6%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting that executive leadership may be volunteer-based or compensated through mechanisms not categorized as officer compensation on the IRS 990, which is unusual for an organization with nearly $2 million in annual revenue.
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 Town Tennis Member Club Inc's IRS 990 filings:
- 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
The following positive indicators were identified for Town Tennis Member Club Inc:
- 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.
Frequently Asked Questions about Town Tennis Member Club Inc
Is Town Tennis Member Club Inc a legitimate charity?
Town Tennis Member Club Inc (EIN: 132821588) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 80/100. It has 14 years of IRS 990 filings on record. Total revenue: $1.9M. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Town Tennis Member Club Inc spend its money?
Town Tennis Member Club Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Town Tennis Member Club Inc tax-deductible?
Town Tennis Member Club Inc is registered as a tax-exempt nonprofit (EIN: 132821588). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Town Tennis Member Club Inc CEO make?
Town Tennis Member Club Inc's highest-compensated officer earns $2 annually. The organization reported $1.9M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Town Tennis Member Club Inc's spending goes to programs?
Town Tennis Member Club Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Town Tennis Member Club Inc compare to similar nonprofits?
With a transparency score of 80/100 (Excellent), Town Tennis Member Club Inc is above average for NTEE category N50 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Town Tennis Member Club Inc located?
Town Tennis Member Club Inc is headquartered in New York, New York and files with the IRS under EIN 132821588. It is classified under NTEE code N50.
How many years of IRS 990 filings does Town Tennis Member Club Inc have?
Town Tennis Member Club Inc has 14 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 $1.9M in total revenue.
How does Town Tennis Member Club Inc. fund its operations without reporting officer compensation?
The IRS 990 filings consistently show 0% officer compensation. This could mean that key leadership roles are filled by volunteers, or compensation is structured in a way that it's not reported as 'officer compensation' on the 990, such as through a management company or as regular employee salaries if they are not considered 'officers'.
What is the primary driver behind the significant increase in assets from $710,583 in 2020 to $1,700,075 in 2023?
The substantial increase in assets, nearly tripling in three years, likely indicates significant investments in club facilities, property improvements, or other capital expenditures. This growth is also accompanied by an increase in liabilities, suggesting potential financing for these investments.
What are the specific program activities and how much is spent on them?
While the NTEE code N50 suggests 'Recreational, Leisure, and Sports Clubs', the provided data does not offer a detailed breakdown of expenses into program services. A deeper dive into the full 990 forms would be necessary to understand the specific activities and their associated costs.
Filing History
IRS 990 filing history for Town Tennis Member Club Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Town Tennis Member Club Inc's revenue has grown by 59.2%, moving from $1.1M to $1.7M. Total assets increased by 43% over the same period, from $1.2M to $1.7M. Total functional expenses rose by 61.6%, from $1.0M to $1.6M. In its most recent filing year (2023), Town Tennis Member Club Inc reported a surplus of $72K, with revenue exceeding expenses. The organization holds $878K in liabilities against $1.7M in assets (debt-to-asset ratio: 51.6%), resulting in net assets of $823K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.7M | $1.6M | $1.7M | $878K | — | — |
| 2022 | $1.7M | $1.5M | $1.5M | $763K | — | View 990 |
| 2021 | $1.5M | $1.4M | $819K | $204K | — | View 990 |
| 2020 | $1.2M | $1.1M | $711K | $201K | — | View 990 |
| 2019 | $1.3M | $1.4M | $650K | $231K | — | — |
| 2018 | $1.2M | $1.3M | $854K | $259K | — | View 990 |
| 2017 | $1.2M | $1.1M | $886K | $268K | — | View 990 |
| 2016 | $1.0M | $1.1M | $798K | $276K | — | View 990 |
| 2015 | $1.0M | $1.0M | $899K | $315K | — | View 990 |
| 2014 | $988K | $1.0M | $1.0M | $77K | — | View 990 |
| 2013 | $957K | $1.0M | $1.0M | $29K | — | View 990 |
| 2012 | $988K | $1.0M | $1.1M | $19K | — | View 990 |
| 2011 | $998K | $1.1M | $1.1M | $178K | — | View 990 |
| 2010 | $1.1M | $1.0M | $1.2M | $184K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.7M, expenses of $1.6M, and assets of $1.7M (revenue +3.0% year-over-year).
- 2022: Revenue of $1.7M, expenses of $1.5M, and assets of $1.5M (revenue +8.7% year-over-year).
- 2021: Revenue of $1.5M, expenses of $1.4M, and assets of $819K (revenue +30.3% year-over-year).
- 2020: Revenue of $1.2M, expenses of $1.1M, and assets of $711K (revenue -6.3% year-over-year).
- 2019: Revenue of $1.3M, expenses of $1.4M, and assets of $650K (revenue +1.6% year-over-year).
- 2018: Revenue of $1.2M, expenses of $1.3M, and assets of $854K (revenue +6.2% year-over-year).
- 2017: Revenue of $1.2M, expenses of $1.1M, and assets of $886K (revenue +16.2% year-over-year).
- 2016: Revenue of $1.0M, expenses of $1.1M, and assets of $798K (revenue -0.1% year-over-year).
- 2015: Revenue of $1.0M, expenses of $1.0M, and assets of $899K (revenue +1.4% year-over-year).
- 2014: Revenue of $988K, expenses of $1.0M, and assets of $1.0M (revenue +3.2% year-over-year).
- 2013: Revenue of $957K, expenses of $1.0M, and assets of $1.0M (revenue -3.1% year-over-year).
- 2012: Revenue of $988K, expenses of $1.0M, and assets of $1.1M (revenue -1.0% year-over-year).
- 2011: Revenue of $998K, expenses of $1.1M, and assets of $1.1M (revenue -7.4% year-over-year).
- 2010: Revenue of $1.1M, expenses of $1.0M, and assets of $1.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Town Tennis Member Club Inc:
Data Sources and Methodology
This transparency report for Town Tennis Member 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.