Boeing Employees Tennis Club
- Assets
- $5.5m
- Revenue
- $1.7m
- Investments
- $152.4k
- Employees
- 30
- Location
- Kent, WA
- Founding
- 01/1976
- Data as of
- 12/2022
- EIN
- 51-0175332
Organization Overview
Boeing Employees Tennis Club is located in Kent, WA. The organization was established in 1976. 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 12/2022, Boeing Employees Tennis Club employed 30 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Boeing Employees 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 12/2022, Boeing Employees Tennis Club generated $1.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.1% each year. All expenses for the organization totaled $1.4m during the year ending 12/2022. While expenses have increased by 4.9% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
BOEING EMPLOYEES' TENNIS CLUB IS AN AFFORDABLE TENNIS AND RACQUETBALL FACILITY, OFFERING COURT RENTAL, LEAGUE ACTIVITIES, LESSONS, AND TOURNAMENTS FOR ITS MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COURT RENTAL BOEING EMPLOYEES' TENNIS CLUB IS AN INDOOR TENNIS AND RACQUETBALL FACILITY WITH NINE TENNIS COURTS, TWO RACQUETBALL COURTS, LOCKER ROOM FACILITIES, AND A SMALL ARRAY OF EXERCISE EQUIPMENT. MEMBERS ARE ABLE TO RENT THESE COURTS ON A PRIVATE BASIS OR TO JOIN IN A LEAGUE ACTIVITY. THE ORGANIZATION'S GOAL IS TO KEEP COSTS AS LOW AS POSSIBLE SO THAT MEMBERS ARE ABLE TO ENJOY THE SPORT AT AN AFFORDABLE PRICE.
LESSONS BOEING EMPLOYEES' TENNIS CLUB HAS ONE HEAD PRO AND FOUR ASSISTANT PROS WHO TEACH TENNIS LESSONS SEVEN DAYS PER WEEK. EACH OF THE PROS HAS A USPTA RATING OF 1 OR 2 AND ARE ACCOMPLISHED TENNIS PLAYERS. WITH THEIR EXTENSIVE EXPERIENCE, THEY PROVIDE EXCELLENT INSTRUCTION TO BOTH ADULTS AND JUNIOR MEMBERS, HELPING THEM TO IMPROVE THEIR GAME AND ACHIEVE THEIR HIGHEST SKILL LEVEL.
TOURNAMENTS BOEING EMPLOYEES' TENNIS CLUB HOLDS EIGHT TENNIS TOURNAMENTS PER YEAR, PROVIDING COMPETITION AT DIFFERENT LEVELS. TWO OF THE TOURNAMENTS ARE EXCLUSIVELY FOR CLUB MEMBERS, AND THE OTHER SIX ARE OPEN TO THE PUBLIC, PROVIDING OUR MEMBERS WITH EXPOSURE TO PLAYERS OUTSIDE OF THE CLUB. THERE ARE TWO JUNIOR USTA-SANCTIONED TOURNAMENTS WHICH PROVIDE THE JUNIORS AN OPPORTUNITY TO IMPROVE THEIR LOCAL AND NATIONAL RANKINGS BY COMPETING AGAINST OTHER JUNIORS AT THE SAME AGE AND SKILL LEVEL.
OTHER
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Edwin Baker President | OfficerTrustee | 1 | $0 |
Scott Nguyen Director | OfficerTrustee | 1 | $0 |
Nathan Nguyen Treasurer | OfficerTrustee | 1 | $0 |
Ngoc Huynh Secretary | OfficerTrustee | 1 | $0 |
Wayne Brown Director | OfficerTrustee | 1 | $0 |
David Presuhn Vice Preside | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $13,800 |
| 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 | $13,800 |
| Total Program Service Revenue | $1,663,109 |
| Investment income | $17,102 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $4,898 |
| Net Gain/Loss on Asset Sales | $839 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $4,361 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,706,359 |
| 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 | $868,590 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $88,527 |
| Payroll taxes | $81,227 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $58,676 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $330 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $6,507 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $169,261 |
| 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 | $47,412 |
| Insurance | $0 |
| All other expenses | $21,833 |
| Total functional expenses | $1,445,865 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $264,529 |
| Savings and temporary cash investments | $0 |
| 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 | $2,138 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $5,026,457 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $152,417 |
| Investments—program-related | $0 |
| Intangible assets | $27,359 |
| Other assets | $0 |
| Total assets | $5,472,900 |
| Accounts payable and accrued expenses | $37,293 |
| Grants payable | $0 |
| Deferred revenue | $106,375 |
| 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 | $2,550,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $3,474 |
| Total liabilities | $2,697,142 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $167,560 |
| Paid-in or capital surplus, or land, building, or equipment fund | $2,249 |
| Retained earnings, endowment, accumulated income, or other funds | $2,605,949 |
| Total liabilities and net assets/fund balances | $5,472,900 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Boeing Employees Tennis Club has recieved totaling $500.
| Awarding Organization | Amount |
|---|---|
Usta-Pacific Northwest Section Beaverton, OR PURPOSE: PROVIDER GRANT - HIGH SCHOOL TENNIS GRANT | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Usta-Pacific Northwest Section Beaverton, OR | $10,364,483 | $7,064,482 |
Tennis Outreach Programs Of Puget Sound Kirkland, WA | $1,209,757 | $2,093,408 |
Tacoma Lawn Tennis Club Tacoma, WA | $3,564,662 | $1,920,276 |
Boeing Employees Tennis Club Kent, WA | $5,472,900 | $1,706,359 |
Newport Hills Swim And Tennis Club Bellevue, WA | $1,352,786 | $1,304,952 |
Yakima Tennis Club Yakima, WA | $2,110,671 | $822,079 |
Portland Tennis And Education Portland, OR | $512,432 | $966,509 |
Hillsboro Swim Team Hillsboro, OR | $322,142 | $532,853 |
Klahaya Swim And Tennis Club Edmonds, WA | $564,136 | $424,558 |
Idaho Tennis Association Boise, ID | $691,193 | $462,202 |
Phantom Lake Bath & Tennis Club Inc Bellevue, WA | $417,181 | $279,950 |
Excel Swim Association Seattle, WA | $136,923 | $300,672 |