LUDLOW TENNIS CLUB INC

EIN: 043050936

LUDLOW, MA

Total Revenue
$566,132
Total Expenses
$569,838
Total Assets
$1,535,907
Net Assets
$1,522,825
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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
MA
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.

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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 (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

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Governance

Voting Members
9
Independent Members
7
Employees
19
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
6
$33,458
Total Directors
9
$131,519
Key Employees
1
$98,061
Highest Compensated
0
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
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