Logan Tennis Club Inc is located in Elkins Park, PA. The organization was established in 1981. 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. Logan 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 12/2023, Logan Tennis Club Inc generated $54.9k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $60.8k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (0.7%) per year over the past 9 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
2023
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION PRESERVED AND PROVIDED USE OF CLAY TENNIS COURTS
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Howard Siegal Treasurer | 0 | $0 | |
Tim Terry President | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,727 |
| Total Program Service Revenue | $0 |
| Membership dues | $51,130 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $54,857 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $11,200 |
| Professional fees and other payments to independent contractors | $297 |
| Occupancy, rent, utilities, and maintenance | $21,839 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $27,461 |
| Total expenses | $60,797 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $5,309 |
| Other assets | $0 |
| Total assets | $133,879 |
| Total liabilities | $16,011 |
| Net assets or fund balances | $117,868 |