Farmington Bath & Tennis Club is located in Lake Zurich, IL. The organization was established in 1987. 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 03/2022, Farmington Bath & Tennis Club employed 34 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Farmington Bath & 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 03/2022, Farmington Bath & Tennis Club generated $292.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.0% each year. All expenses for the organization totaled $257.4k during the year ending 03/2022. While expenses have increased by 3.3% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE SUMMER ATHLETIC ACTIVITIES OF TENNIS, SWIMMING AND VOLLEYBALL FOR ADULTS AND CHILDREN
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE SOCIAL AND SUMMER ATHLETIC ACTIVITIES INCLUDING TENNIS AND SWIMMING FOR ADULTS AND CHILDREN.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jeremie Lukowicz President | OfficerTrustee | 2 | $0 |
Geoff Kasten Vice President | OfficerTrustee | 2 | $0 |
Rob Trattner Secretary | OfficerTrustee | 2 | $0 |
Lisa Warren Treasurer | OfficerTrustee | 2 | $0 |
Andrea Weisner Trustee | Trustee | 1 | $0 |
Molly Freely Trustee | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
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 | $0 |
Total Program Service Revenue | $292,410 |
Investment income | $41 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
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 | $292,451 |
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 | $99,677 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $8,895 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $790 |
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 | $1,056 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $46,464 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $2,834 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $32,313 |
Insurance | $17,312 |
All other expenses | $5,790 |
Total functional expenses | $257,361 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $27,946 |
Savings and temporary cash investments | $105,190 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $422,645 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $555,781 |
Accounts payable and accrued expenses | $0 |
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 | $50,780 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $50,780 |
Net assets without donor restrictions | $488,699 |
Net assets with donor restrictions | $16,302 |
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 | $555,781 |
Organization Name | Assets | Revenue |
---|---|---|
Xs Tennis And Education Foundation Chicago, IL | $22,017,905 | $4,505,523 |
Metro Squash Nfp Chicago, IL | $13,154,185 | $4,902,892 |
River Forest Tennis Club River Forest, IL | $2,416,575 | $1,463,446 |
Boone County Tennis Center Zionsville, IN | $3,917,411 | $1,573,945 |
Tennaqua Deerfield, IL | $1,804,335 | $1,223,012 |
Kentucky Tennis Association Inc Louisville, KY | $961,107 | $1,035,395 |
Fox Cities Racquet Club Inc Appleton, WI | $1,857,342 | $780,069 |
Jasper Tennis Patrons Organization Inc Jasper, IN | $88,945 | $383,311 |
Tennis Industry Association Chicago, IL | $170,386 | $691,025 |
Evansville Area Tennis Patrons Foundation Inc Evansville, IN | $2,596,452 | $756,598 |
Usta Midwest Tennis & Education Foundation Inc Indianapolis, IN | $4,160,822 | $390,633 |
United States Tennis Association Inc Chicago, IL | $443,514 | $543,380 |