Eichler Swim & Tennis Club
- Assets
- $2.4m
- Revenue
- $780.9k
- Investments
- $0.0
- Employees
- 9
- Location
- Palo Alto, CA
- Founding
- 09/1961
- Data as of
- 01/2024
- EIN
- 94-1503706
Organization Overview
Eichler Swim & Tennis Club is located in Palo Alto, CA. The organization was established in 1961. 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 01/2024, Eichler Swim & Tennis Club employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Eichler Swim & 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 01/2024, Eichler Swim & Tennis Club generated $780.9k 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 $739.4k during the year ending 01/2024. While expenses have increased by 3.9% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE RECREATIONAL FACILITIES AND PROGRAMS FOR MEMBERS, THEIR FAMILIES AND GUESTS. FACILITIES ARE A POOL, TENNIS COURTS, AND A CLUB HOUSE. PROGRAMS INCLUDE ADULT AND YOUTH EVENTS FOR WHICH THE FACILITIES ARE USED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED HEALTH PROMOTING ACTIVITIES FOR SWIM TEAM PARTICIPANTS. EACH YEAR, OVER 175 MEMBER CHILDREN PARTICIPATE IN THE EICHLER GATORS SWIM TEAM PROGRAM. THE COACHES RUN PRACTICES FIVE DAYS A WEEK RANGING IN TIME FROM ONE HALF HOUR FOR THE YOUNGEST SWIMMERS TO ONE HOUR FOR THE OLDEST AGE GROUP. SWIMMERS ARE GIVEN INSTRUCTION IN STROKE TECHNIQUE AND PARTICIPATE IN WORKOUT SETS THAT IMPROVE STRENGTH AND ENDURANCE. ALL SWIMMERS, REGARDLESS OF ABILITY, ARE ENCOURAGED TO IMPROVE THEIR SWIMMING TECHNIQUE, ACHEIVE THEIR PERSONAL BEST AND DEVELOP SWIMMING AS A LIFELONG ACTIVITY.
PROVIDED HEALTH PROMOTING COMPETITIONS FOR SWIM TEAM PARTICIPANTS. EICHLER GATORS SWIM TEAM IS A MEMBER OF THE JUNIPERO SERRA SWIM LEAGUE (JSSL). THIS IS A COMPETITIVE LEAGUE COMPRISED OF SIX LOCAL NEIGHBORHOOD COMMUNITY CLUBS GEOGRAPHICALLY SIMILAR TO EICHLER. DURING THE SWIM SEASON THE EICHLER GATORS SWIM AGAINST EACH OF THE JSSL SWIM TEAMS ONCE IN A DUAL MEET. SWIMMERS COMPETE AGAINST OTHERS OF THE SAME GENDER AND AGE GROUP. EVERY MEMBER OF THE TEAM HAS THE OPPORTUNITY TO COMPETE IN THREE DIFFERENT SWIM STROKES. THE SEASON CULMINATES IN A DAY-LONG CHAMPIONSHIP MEET IN WHICH ALL TEAMS WILL COMPETE TOGETHER.
PROVIDED RECREATIONAL ACTIVITIES FOR MEMBERS. EICHLER SWIM & TENNIS CLUB IS OPEN YEAR-ROUND AND OFFERS A BROAD RANGE OF RECREATIONAL, LEISURE, SOCIAL AND COMPETITIVE ACTIVITIES FOR MEMBERS OF ALL AGES. THE POOL CAN BE DIVIDED BY LANE LINES TO ACCOMMODATE BOTH LAP SWIMMERS AND CHILDREN WHO ARE PARTICIPATING IN A SWIM PROGRAM OR JUST PLAYING IN THE WATER. THERE ARE FOUR TENNIS COURTS PROVIDING AMPLE OPPORTUNITIES FOR MEMBERS AT ALL LEVELS OF ABILLITY TO GET COURT TIME. MEMBERS ALSO HAVE THE OPTION OF TAKING PRIVATE SWIM OR TENNIS LESSONS FROM QUALIFIED AND EXPERIENCED STAFF MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tobias Kunze Vice President | OfficerTrustee | 4 | $0 |
Vince Parrett President | OfficerTrustee | 4 | $0 |
Steve Haney Secretary | OfficerTrustee | 4 | $0 |
Theivanai Palaniappan Board Member | OfficerTrustee | 2 | $0 |
Patty Yang Board Member | Trustee | 2 | $0 |
Dan Flath Treasurer | Trustee | 2 | $0 |
Financial Statements
| 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 | $778,375 |
| Investment income | $2,562 |
| 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 | $780,937 |
| 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 | $317,374 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $8,071 |
| Payroll taxes | $35,471 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,415 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $44,982 |
| Advertising and promotion | $1,980 |
| Office expenses | $0 |
| Information technology | $4,568 |
| Royalties | $0 |
| Occupancy | $1,574 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $831 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $86,822 |
| Insurance | $17,946 |
| All other expenses | $48,056 |
| Total functional expenses | $739,371 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $50 |
| Savings and temporary cash investments | $1,041,603 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,103 |
| 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 | $1,382,238 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,425,994 |
| Accounts payable and accrued expenses | $29,081 |
| Grants payable | $0 |
| Deferred revenue | $11,383 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $40,464 |
| Net assets without donor restrictions | $2,385,530 |
| Net assets with donor restrictions | $0 |
| 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 | $2,425,994 |