RACQUET INDUSTRY RESEARCH GROUP

EIN: 510162283

CHICAGO, IL

Total Revenue
$394,574
Total Expenses
$376,722
Total Assets
$270,168
Net Assets
$253,002
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1975
Legal Domicile
SC
Phone
3125965281
Tax Period
2024-01-01 to 2024-12-31

RACQUET INDUSTRY RESEARCH GROUP, founded in 1975, is a small nonprofit that reported $395K in total revenue in fiscal year 2024. Revenue fell 37% from the prior year — a significant decline worth monitoring. Expenses of $377K left a modest 5% surplus.

Mission

PROMOTES AND FOSTERS THE SPORT OF TENNIS AND ECONOMIC VITALITY OF THE INDUSTRY

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $81,200
Program Service Revenue $313,150
Investment Income $0
Other Revenue $224
TOTAL REVENUE $394,574

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $376,722
TOTAL EXPENSES $376,722

Year-over-Year Comparison

2024 2023 Change
Revenue $394,574 $629,771 -0.4%
Expenses $376,722 $647,085 -0.4%
Net Income $17,852 $-17,314 -2.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
6
Independent Members
6
Employees
N/A
Volunteers
5

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
2
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRYAN WHITE Executive Dir. 2.00
Officer Director
$0 $0 $0
Jeff Williams President 2.00
Officer Director
$0 $0 $0
JOE KEENAN Director 2.00
Director
$0 $0 $0
SUSAN DIBIASE Director 2.00
Director
$0 $0 $0
MICKEY MAULE Director 2.00
Director
$0 $0 $0
Kai Nitsche Director 2.00
Director
$0 $0 $0
Jason Collins Director 2.00
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
2024 $394,574 $376,722 $270,168 $17,852
2023 $629,771 $647,085 $293,724 $-17,314
2022 $778,503 $656,240 $314,924 $122,263
2021 $691,025 $649,562 $170,386 $41,463
2020 $691,923 $578,086 $131,304 $113,837
2019 $841,210 $852,172 $52,291 $-10,962
2018 $1,025,641 $1,107,782 $71,656 $-82,141
Explore More Nonprofits
Top 100 Nonprofits in Illinois Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare RACQUET INDUSTRY RESEARCH GROUP with other nonprofits in Illinois and across the country.