Potomac Squash Club Inc
- Assets
- $379.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bethesda, MD
- Founding
- 03/1972
- Data as of
- 03/2022
- EIN
- 51-0244755
Organization Overview
Potomac Squash Club Inc is located in Bethesda, MD. The organization was established in 1972. 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. Potomac Squash 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 03/2022, Potomac Squash Club Inc generated $86.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.4%) each year. All expenses for the organization totaled $69.9k during the year ending 03/2022. As we would expect to see with falling revenues, expenses have declined by (2.2%) per year over the past 7 years. 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
2022
Describe the Organization's Program Activity:
Part 3
MAINTENANCE AND OPERATION OF A SPORTS FACILITY FOR THE BENEFIT OF SOCIAL CLUB MEMBERS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Gann President | 8 | $0 | |
Steve Weber Treasurer | 10 | $0 | |
Tim Bartol Director | 8 | $0 | |
Anton Briggs Secretary | 8 | $0 | |
Ziauddin Choudhury Director | 4 | $0 | |
Charles Gunn Director | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $85,730 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $17 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $992 |
| Total Revenue | $86,739 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $18,963 |
| Occupancy, rent, utilities, and maintenance | $41,104 |
| Printing, publications, postage, and shipping | $204 |
| Other expenses | $9,604 |
| Total expenses | $69,875 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $157,931 |
| Other assets | $0 |
| Total assets | $379,080 |
| Total liabilities | $0 |
| Net assets or fund balances | $379,080 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Junior Tennis Champions Center Inc College Park, MD | $5,286,334 | $7,001,782 |
Usta Mid-Atlantic Foundation Herndon, VA | $9,955,195 | $6,119,455 |
Legacy Youth Tennis And Education Philadelphia, PA | $10,141,229 | $3,452,164 |
United States Tennis Association- Middle States Section Valley Forge, PA | $4,600,788 | $3,210,777 |
Chesterbrook Swimming And Tennis Club McLean, VA | $6,546,549 | $1,290,665 |
Great Falls Swim And Tennis Club Inc Great Falls, VA | $1,432,573 | $847,197 |
Bolton Swim & Tennis Ltd Baltimore, MD | $466,369 | $361,738 |
Crofton Swim & Tennis Club Inc Crofton, MD | $1,482,888 | $482,318 |
Whitehall Pool & Tennis Club Inc Bowie, MD | $238,681 | $318,428 |
Mclean Swimming & Tennis Association Mclean, VA | $686,593 | $561,606 |
Rodney Street Tennis Association Wilmington, DE | $590,155 | $664,423 |
York-Adams Community Tennis Association Hanover, PA | $991,344 | $310,731 |