Burlington Tennis Club Inc
- Assets
- $581.1k
- Revenue
- $717.8k
- Investments
- $0.0
- Employees
- 50
- Location
- Burlington, VT
- Founding
- 02/1988
- Data as of
- 09/2022
- EIN
- 03-0197270
Organization Overview
Burlington Tennis Club Inc is located in Burlington, VT. The organization was established in 1988. 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 09/2022, Burlington Tennis Club Inc employed 50 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Burlington 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 09/2022, Burlington Tennis Club Inc generated $717.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.5% each year . All expenses for the organization totaled $553.6k during the year ending 09/2022. While expenses have increased by 10.0% 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
THE ORGANIZATION IS A SOCIAL CLUB WITH RECREATIONAL FACILITIES. MEMBERS PARTICIPATE IN SOCIAL EVENTS, PLAY TENNIS AND SWIM. THERE ARE APPROXIMATELY 500 MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TENNIS PROGRAM:BTC OFFERS PRIVATE LESSONS, JUNIOR PROGRAMS, ADULT CLINICS, SUMMER CAMPS AND TOURNAMENTS.
SWIM PROGRAM:BTC OFFERS SWIM LESSONS AND AN EXPANSIVE SWIM TEAM.
SNACK BAR:BTC OFFERS SNACK FOOD, GRILLED FOOD AND BEVERAGES TO CAMP ATTENDEES, SWIM PROGRAM MEMBERS, EMPLOYEES AND CLUB MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Griff Parker President | OfficerTrustee | 0 | $0 |
Chris Dubose Treasurer | OfficerTrustee | 0 | $0 |
Kevin Veller Secretary | OfficerTrustee | 0 | $0 |
Gretchen Shuman Director | Trustee | 0 | $0 |
Jonathan Rajewski Director | Trustee | 0 | $0 |
Claudine Safar Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $443,257 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $600 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $443,857 |
| Total Program Service Revenue | $273,902 |
| Investment income | $1 |
| 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 | $717,760 |
| 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 | $271,146 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $22,277 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $55 |
| Fees for services: Accounting | $26,366 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,340 |
| Office expenses | $24,965 |
| Information technology | $1,818 |
| Royalties | $0 |
| Occupancy | $51,477 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $7,273 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $18,062 |
| Insurance | $17,935 |
| All other expenses | $7,762 |
| Total functional expenses | $553,579 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $165,071 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $22,774 |
| 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 | $4,369 |
| Net Land, buildings, and equipment | $388,854 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $581,068 |
| Accounts payable and accrued expenses | $54,827 |
| 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 | $53,999 |
| Unsecured mortgages and notes payable | $159,888 |
| Other liabilities | $42,616 |
| Total liabilities | $311,330 |
| Net assets without donor restrictions | $0 |
| 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 | $269,738 |
| Total liabilities and net assets/fund balances | $581,068 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
United States Squash Racquets Association Inc New York, NY | $39,381,714 | $9,670,106 |
Usta Eastern Inc White Plains, NY | $5,765,024 | $4,131,199 |
Millbrook Golf And Tennis Club Inc Millbrook, NY | $5,327,958 | $3,562,808 |
Tenacity Inc Boston, MA | $5,621,842 | $5,321,929 |
Tennis Club Of Rochester Inc Pittsford, NY | $3,132,804 | $2,778,170 |
The Sportmens Tennis & Enrichment Center Inc Dorchester, MA | $6,337,014 | $5,005,388 |
City Squash Inc Bronx, NY | $6,666,385 | $3,002,008 |
Port Washington Tennis Academy Inc Port Washington, NY | $5,263,201 | $1,557,377 |
Tennis And Racquet Club Boston, MA | $1,909,646 | $1,126,682 |
Poughkeepsie Tennis Club Poughkeepsie, NY | $543,906 | $1,179,973 |
Fox Meadow Tennis Club West Harrison, NY | $1,758,347 | $1,193,963 |
Harlem Junior Tennis And Education Program Inc New York, NY | $276,329 | $806,920 |