Lake Murray Tennis Club
- Assets
- $205.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- San Diego, CA
- Founding
- 00/0000
- Data as of
- 12/2023
- EIN
- 33-0328589
Organization Overview
Lake Murray Tennis Club is located in San Diego, CA. The organization was established in 0000. 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. Lake Murray 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 12/2023, Lake Murray Tennis Club generated $189.2k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 4.6% each year. All expenses for the organization totaled $191.0k during the year ending 12/2023. While expenses have increased by 3.9% per year over the past 9 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
2023
Describe the Organization's Program Activity:
Part 3
WE ARE OPEN 362 DAYS A YEAR EXCEPT WHEN IT RAINS. AS OF 12/31/2023 WE HAD 450 MEMBERSHIPS AND 747 MEMBERS. WE ALSO HAVE GUEST PASSES SO ANYONE FROM THE COMMUNITY CAN PLAY AT THE CLUB. WE HAVE A SPECIAL USE PERMIT FROM THE CITY OF SAN DIEGO TO RUN AND MAINTAIN THE CLUB. THE LAND IS OWNED BY THE CITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Frank Riolo President | 5 | $0 | |
Brian Bergeson Vice President | 5 | $0 | |
Kathy Culver Treasurer | 5 | $0 | |
Denise Stefanson Secretary | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $131,797 |
| Total Program Service Revenue | $51,101 |
| Membership dues | $0 |
| Investment income | $6,343 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $189,241 |
| 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 | $113,413 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $77,574 |
| Total expenses | $190,987 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $201,102 |
| Other assets | $0 |
| Total assets | $205,853 |
| Total liabilities | $50,173 |
| Net assets or fund balances | $155,680 |