Mirror Lake Racquet Club
- Assets
- $31.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Mobile, AL
- Founding
- 07/1973
- Data as of
- 09/2023
- EIN
- 23-7078365
Organization Overview
Mirror Lake Racquet Club is located in Mobile, AL. The organization was established in 1973. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, 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. Mirror Lake Racquet Club is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 09/2023, Mirror Lake Racquet Club generated $57.5k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 9.0% each year. All expenses for the organization totaled $76.5k during the year ending 09/2023. While expenses have increased by 15.5% per year over the past 6 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christopher Puto President | 10 | $0 | |
Heidi Butler Board Member | 0 | $0 | |
Laura Allsup Board Member | 0 | $0 | |
Roe Acree Board Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $57,528 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $57,528 |
| 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 | $9,501 |
| Occupancy, rent, utilities, and maintenance | $57,128 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $9,843 |
| Total expenses | $76,472 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $13,638 |
| Other assets | $0 |
| Total assets | $31,931 |
| Total liabilities | $284,505 |
| Net assets or fund balances | -$252,574 |