TOWN TENNIS MEMBER CLUB INC (EIN 132821588) - Form 990 Financial Analysis & Trantor Score

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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

1975

Legal Domicile

Principal Officer

DEBRA MILLMAN

Phone

2127524059

Tax Period

2024-01-01 to 2024-12-31

TOWN TENNIS MEMBER CLUB INC, founded in 1975, is a community nonprofit in the Recreation & Sports sector that reported $1.9M in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $1.8M left a modest 4% surplus.

Mission

THE ORGANIZATION WAS FORMED FOR SOCIAL, FRATERNAL, AND ATHLETIC PURPOSES TO ORGANIZE , OPERATE AND MAINTAIN WITHOUT PROFIT TO THE ORGANIZATION AND ITS MEMBERS, A SUITABLE CLUB-HOUSE, TENNIS COURTS, AND RELATED FACILITIES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,320,999

Investment Income $24,235

Other Revenue $541,380

TOTAL REVENUE $1,886,614

Expense Breakdown

Grants Paid $0

Salaries & Benefits $782,625

Fundraising Expenses $0

Program Expenses $1,818,304

Other Expenses $1,035,679

TOTAL EXPENSES $1,818,304

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,886,614	$1,715,413	+0.1%
Expenses	$1,818,304	$1,643,605	+0.1%
Net Income	$68,310	$71,808	0.0%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
David Caldwell	Board Member	2.00	Director	$0	$0	$0
Jane Munna	Board Member	2.00	Director	$0	$0	$0
Charles Blum	Board Member	2.00	Director	$0	$0	$0
Alia Paulovic	Secretary	2.00	Officer	$0	$0	$0
Karen Dixon	Board Member	2.00	Officer	$0	$0	$0
Debra Millman	President	4.00	Officer	$0	$0	$0
Steven Michaelson	Vice President	2.00	Officer	$0	$0	$0
Marc Goodman	Treasurer	2.00	Officer	$0	$0	$0
Sig Hiller	Board Member	2.00	Officer	$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
2024	$1,886,614	$1,818,304	$1,488,658	$68,310
2023	$1,715,413	$1,643,605	$1,700,075	$71,808
2022	$1,664,670	$1,494,486	$1,535,572	$170,184
2021	$1,532,021	$1,427,599	$818,597	$104,422
2020	$1,175,585	$1,084,453	$710,583	$91,132
2019	$1,254,644	$1,430,048	$649,535	$-175,404
2018	$1,235,041	$1,266,922	$853,686	$-31,881

TOWN TENNIS MEMBER CLUB INC