Sudbury River Tennis Club Inc is located in Framingham, MA. The organization was established in 1971. 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. Sudbury River 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 11/2021, Sudbury River Tennis Club Inc generated $140.8k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.1% each year. All expenses for the organization totaled $152.4k during the year ending 11/2021. While expenses have increased by 7.3% per year over the past 6 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
2021
Describe the Organization's Program Activity:
Part 3
OWN AND MANAGE A PRIVATE TENNIS CLUB FOR A MEMBERSHIP OF APPROXIMATELY 400 MEMBERS
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $4,958 |
Total Program Service Revenue | $0 |
Membership dues | $133,400 |
Investment income | $995 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $1,410 |
Total Revenue | $140,763 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $49,813 |
Professional fees and other payments to independent contractors | $1,000 |
Occupancy, rent, utilities, and maintenance | $29,988 |
Printing, publications, postage, and shipping | $2,148 |
Other expenses | $69,493 |
Total expenses | $152,442 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $150,796 |
Other assets | $0 |
Total assets | $306,196 |
Total liabilities | $26,500 |
Net assets or fund balances | $279,696 |
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