Badminton & Tennis Club
- Assets
- $2.0m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 19
- Location
- Boston, MA
- Founding
- 07/1941
- Data as of
- 06/2024
- EIN
- 04-1056010
Organization Overview
Badminton & Tennis Club is located in Boston, MA. The organization was established in 1941. According to its NTEE Classification (N66) the organization is classified as: Racquet Sports, under the broad grouping of Recreation & Sports and related organizations. As of 06/2024, Badminton & Tennis Club employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Badminton & Tennis Club is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 06/2024, Badminton & Tennis Club generated $1.1m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 6.4% each year. All expenses for the organization totaled $841.0k during the year ending 06/2024. While expenses have increased by 3.2% per year over the past 9 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
OPERATION OF A TENNIS & BADMINTON CLUB.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ORGANIZATION OPERATES A BADMINTON TENNIS CLUB.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Emily Bagley President | OfficerTrustee | 1 | $1,170 |
Beth Barrett Treasurer | OfficerTrustee | 1 | $1,170 |
Janet Sweeney Secretary | OfficerTrustee | 1 | $1,170 |
Andy Belt Director | Trustee | 1 | $0 |
Bruce Chafee Director | Trustee | 1 | $0 |
Jim Daniell Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $103,031 |
| All other contributions, gifts, grants, and similar amounts not included above | $148,351 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $251,382 |
| Total Program Service Revenue | $842,159 |
| Investment income | $1,409 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $41,862 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,136,812 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $258,145 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $2,228 |
| Payroll taxes | $26,099 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,250 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $16,633 |
| Advertising and promotion | $0 |
| Office expenses | $18,569 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $102,837 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $34,637 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $92,419 |
| Insurance | $29,820 |
| All other expenses | $55,039 |
| Total functional expenses | $840,967 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $201,202 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,728 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $8,648 |
| Prepaid expenses and deferred charges | $11,635 |
| Net Land, buildings, and equipment | $1,689,609 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $103,031 |
| Total assets | $2,016,853 |
| Accounts payable and accrued expenses | $5,901 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $733,133 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,710 |
| Total liabilities | $740,744 |
| Net assets without donor restrictions | $1,276,109 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,016,853 |