Oakwood Swim & Tennis Club Inc
- Assets
- $200.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Franklin, TN
- Founding
- 03/1982
- Data as of
- 12/2022
- EIN
- 62-1065235
Organization Overview
Oakwood Swim & Tennis Club Inc is located in Franklin, TN. The organization was established in 1982. 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. Oakwood Swim & 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 12/2022, Oakwood Swim & Tennis Club Inc generated $61.5k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $60.1k during the year ending 12/2022. While expenses have increased by 2.9% per year over the past 8 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
2022
Describe the Organization's Program Activity:
Part 3
TO PROVIDE RECREATIONAL ACTIVITIES FOR MEMBERS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Buford Groth President | 0 | $0 | |
Wendy Davis Treasurer | 0 | $0 | |
Liz Mcnew Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $61,549 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $61,549 |
| 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 | $435 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $59,680 |
| Total expenses | $60,115 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $17,773 |
| Other assets | $0 |
| Total assets | $200,645 |
| Total liabilities | $4,555 |
| Net assets or fund balances | $196,090 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Usta Mid-Atlantic Foundation Herndon, VA | $9,955,195 | $6,119,455 |
North Carolina Tennis Association Incorporated Greensboro, NC | $3,086,008 | $3,276,809 |
Georgia Tennis Association Inc Marietta, GA | $3,312,720 | $2,030,309 |
Chapel Hill Tennis Club Inc Carrboro, NC | $1,484,802 | $1,790,846 |
Tennessee Tennis Association Nashville, TN | $1,241,223 | $1,735,556 |
Atlanta Lawn Tennis Association Inc Roswell, GA | $5,942,134 | $1,735,741 |
Brentwood Swim And Tennis Club Inc Brentwood, TN | $1,599,906 | $1,730,461 |
Tennis Memphis Inc Memphis, TN | $350,559 | $1,302,648 |
Chesterbrook Swimming And Tennis Club McLean, VA | $6,546,549 | $1,290,665 |
Alabama Tennis Association Inc Hoover, AL | $3,196,851 | $1,295,553 |
Kentucky Tennis Association Inc Louisville, KY | $961,107 | $1,035,395 |
Arkansas Tennis Association Inc Little Rock, AR | $1,435,686 | $1,024,930 |