Buffalo Tennis And Squash Club
- Assets
- $1.9m
- Revenue
- $777.8k
- Investments
- $0.0
- Employees
- 16
- Location
- Buffalo, NY
- Founding
- 02/1958
- Data as of
- 12/2021
- EIN
- 16-0368360
Organization Overview
Buffalo Tennis And Squash Club is located in Buffalo, NY. The organization was established in 1958. 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 12/2021, Buffalo Tennis And Squash Club employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Buffalo Tennis And Squash Club is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2021, Buffalo Tennis And Squash Club generated $777.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $636.0k during the year ending 12/2021. While expenses have increased by 0.9% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTION OF THE INTEREST OF TENNIS AND SQUASH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING CLUB MEMBERSHIP ACTIVITES AND BENEFITS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Denise Franklin General Manager | Trustee | 40 | $85,369 |
Kingman Bassett Treasurer | Officer | 2.5 | $0 |
Carolyn Schopp Secretary | Officer | 2.5 | $0 |
Martha Buyer President | Officer | 2.5 | $0 |
Steve Lakomy Vice President | Officer | 2.5 | $0 |
Dean Rockwell Director | Trustee | 2.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $72,100 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $72,100 |
| Total Program Service Revenue | $540,925 |
| Investment income | $5,291 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $2,209 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $9,254 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $777,768 |
| 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. | $85,369 |
| Compensation of current officers, directors, key employees. | $17,074 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $217,796 |
| Pension plan accruals and contributions | $9,185 |
| Other employee benefits | $26,377 |
| Payroll taxes | $29,416 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $8,050 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $5,442 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $85,248 |
| Insurance | $25,362 |
| All other expenses | $21,489 |
| Total functional expenses | $636,014 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $364,605 |
| Savings and temporary cash investments | $20,221 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $96,212 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $9,889 |
| Prepaid expenses and deferred charges | $19,377 |
| Net Land, buildings, and equipment | $1,054,668 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $378,617 |
| Total assets | $1,943,589 |
| Accounts payable and accrued expenses | $25,608 |
| Grants payable | $0 |
| Deferred revenue | $58,153 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $4,443 |
| Total liabilities | $88,204 |
| Net assets without donor restrictions | $1,855,385 |
| 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 | $1,943,589 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
United States Squash Racquets Association Inc New York, NY | $39,381,714 | $9,670,106 |
Usta Eastern Inc White Plains, NY | $5,765,024 | $4,131,199 |
Legacy Youth Tennis And Education Philadelphia, PA | $10,141,229 | $3,452,164 |
Millbrook Golf And Tennis Club Inc Millbrook, NY | $5,327,958 | $3,562,808 |
Tenacity Inc Boston, MA | $5,621,842 | $5,321,929 |
United States Tennis Association- Middle States Section Valley Forge, PA | $4,600,788 | $3,210,777 |
Tennis Club Of Rochester Inc Pittsford, NY | $3,132,804 | $2,778,170 |
The Sportmens Tennis & Enrichment Center Inc Dorchester, MA | $6,337,014 | $5,005,388 |
City Squash Inc Bronx, NY | $6,666,385 | $3,002,008 |
Port Washington Tennis Academy Inc Port Washington, NY | $5,263,201 | $1,557,377 |
Princeton Tennis Program Princeton, NJ | $2,911,658 | $1,612,269 |
Tennis And Racquet Club Boston, MA | $1,909,646 | $1,126,682 |