Wolfeboro Tennis Club Inc
- Assets
- $172.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Wolfeboro, NH
- Founding
- 03/2015
- Data as of
- 12/2022
- EIN
- 02-0274543
Organization Overview
Wolfeboro Tennis Club Inc is located in Wolfeboro, NH. The organization was established in 2015. According to its NTEE Classification (N66) the organization is classified as: Racquet Sports, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wolfeboro Tennis Club Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2022, Wolfeboro Tennis Club Inc generated $80.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 10.0% each year. All expenses for the organization totaled $69.1k during the year ending 12/2022. While expenses have increased by 6.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
TO PROVIDE MEMBERS THE OPPORTUNITY TO APPRECIATE AND PARTICIPATE IN THE SPORT OF TENNIS YEARLY FROM APRIL THROUGH NOVEMBER
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Larry Blake President | 1 | $0 | |
David Maher Treasurer | 1 | $0 | |
Jim Kedersha Member | 1 | $0 | |
Marie Smith Vice President | 1 | $0 | |
Kay Balionis Secretary | 1 | $0 | |
Tim Galvin Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $80,325 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $43 |
| Total Revenue | $80,368 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $4,022 |
| Occupancy, rent, utilities, and maintenance | $6,711 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $58,328 |
| Total expenses | $69,061 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $76,659 |
| Other assets | $0 |
| Total assets | $172,485 |
| Total liabilities | $0 |
| Net assets or fund balances | $172,485 |