Heritage Pool and Racquet Club

EIN: 042442699 Recreation & Sports

Concord, MA

Total Revenue
$727,600
Total Expenses
$631,900
Total Assets
$1,645,800
Net Assets
$1,278,000
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1968
Legal Domicile
MA
Principal Officer
Thomas Valle
Phone
9783695199
Tax Period
2025-01-01 to 2025-12-31

Heritage Pool and Racquet Club, founded in 1968, is a small nonprofit in the Recreation & Sports sector that reported $728K in total revenue in fiscal year 2025. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $632K left a modest 13% surplus.

Mission

The Heritage Pool & Racquet Club is a private, cooperative swimming tennis club.

Program Service Accomplishments

Program 1

A semi-private limited membership club serving approximately 200 family memberships. Club swim and tennis facilities fulfill local residents desire for a convenient, safe, and affordable means of...

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A semi-private limited membership club serving approximately 200 family memberships. Club swim and tennis facilities fulfill local residents desire for a convenient, safe, and affordable means of obtaining summertime outdoor recreation, exercise, and socializing. Parents particularly appreciate the Club facilities and programs as a healthy alternative activity for their children during the summer months.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $421,300
Program Service Revenue $288,800
Investment Income $14,300
Other Revenue $3,200
TOTAL REVENUE $727,600

Expense Breakdown

Grants Paid $0
Salaries & Benefits $232,800
Fundraising Expenses $0
Other Expenses $399,100
TOTAL EXPENSES $631,900

Year-over-Year Comparison

2025 2024 Change
Revenue $727,600 $661,900 +0.1%
Expenses $631,900 $571,300 +0.1%
Net Income $95,700 $90,600 +0.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
10
Independent Members
10
Employees
45
Volunteers
24

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$0
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Ward Christopher President 4.00
Officer Director
$0 $0 $0
Valle Thomas Vice President 4.00
Officer Director
$0 $0 $0
Ramirez Kathleen Treasurer 2.00
Officer Director
$0 $0 $0
Solar Lauren Clerk 2.00
Officer Director
$0 $0 $0
Curran Karen Director 2.00
Director
$0 $0 $0
Hollywood Michael Director 1.00
Director
$0 $0 $0
N/A Director 1.00
Director
$0 $0 $0
Reynolds Suzanne Director 1.00
Director
$0 $0 $0
Root Candace Director 1.00
Director
$0 $0 $0
Smith Michael Director 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $727,600 $631,900 $1,645,800 $95,700
2024 No data No data No data No data
2023 $615,200 $544,200 $1,526,000 $71,000
2022 $548,400 $558,900 $1,460,300 $-10,500
2021 $504,700 $510,000 $1,522,600 $-5,300
2020 $471,200 $444,200 $1,565,000 $27,000
2019 $499,200 $486,100 $1,589,500 $13,100
2018 $468,700 $471,600 $1,617,400 $-2,900
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