LUDLOW TENNIS CLUB INC

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1988

Legal Domicile

Tax Period

2023-07-01 to 2024-06-30

LUDLOW TENNIS CLUB INC, founded in 1988, is a small nonprofit that reported $566K in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion. Net assets of $1.5M represent 32 months of operating reserves.

Mission

PROVIDE A MEMBER-FOCUSED SOCIAL CLUB FOR OUR 400+ MEMBERS TO COMMINGLE AND ENGAGE IN RACQUET SPORTS AND SOCIAL ENGAGEMENT.

Program Service Accomplishments

Program 1

Expenses: $569,838

THE PRIMARY PURPOSE OF THE ORGANIZATION IS TO PROVIDE OUR MEMBERS A FACILTY TO PLAY RACQUET SPORTS, OBTAIN LESSONS TO IMPROVE THEIR SKILLS, AND TO ENGAGE IN PERSONAL CONTACT WITH OTHER MEMBERS FOR...

THE PRIMARY PURPOSE OF THE ORGANIZATION IS TO PROVIDE OUR MEMBERS A FACILTY TO PLAY RACQUET SPORTS, OBTAIN LESSONS TO IMPROVE THEIR SKILLS, AND TO ENGAGE IN PERSONAL CONTACT WITH OTHER MEMBERS FOR SOCIAL PURPOSES.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $524,767

Investment Income $29,320

Other Revenue $12,045

TOTAL REVENUE $566,132

Expense Breakdown

Grants Paid $0

Salaries & Benefits $303,426

Fundraising Expenses $0

Program Expenses $569,838

Other Expenses $266,412

TOTAL EXPENSES $569,838

Year-over-Year Comparison

	2023	2022	Change
Revenue	$566,132	$499,240	+0.1%
Expenses	$569,838	$543,796	+0.0%
Net Income	$-3,706	$-44,556	-0.9%

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

Financial Distress Indicator

Liquidity & Cash Position

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

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

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

$33,458

Total Directors

$131,519

Key Employees

$98,061

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CJ SLIFKIN	GENERAL MANAGERDIRECTOR	40.00	Director Key Emp	$98,061	$0	$98,061
EDSEL FORD JR	SECRETARY	15.00	Officer Director	$26,487	$0	$26,487
JENNIFER AYRE	ASSISTANT SECRETARY	1.00	Officer Director	$6,971	$0	$6,971
KEN TERESO	DIRECTOR	1.00	Director	$0	$0	$0
JAMES COOLEY	DIRECTOR	1.00	Director	$0	$0	$0
CHRISTOPHER S MCGRATH	ASSISTANT TREASURER	1.00	Officer Director	$0	$0	$0
BRAD HOFFMAN	TREASURER	1.00	Officer Director	$0	$0	$0
SANDRA SHOOSHAN	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
LLOYD ORTMAN	PRESIDENT	1.00	Officer 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	No data	No data	No data	No data
2024	$566,132	$569,838	$1,535,907	$-3,706
2023	$499,240	$543,796	$1,532,234	$-44,556
2022	$469,991	$487,721	$1,593,531	$-17,730
2021	$294,167	$393,489	$1,620,883	$-99,322