TARA CLUB INC

EIN: 720640533 Recreation & Sports

BATON ROUGE, LA

Total Revenue
$317,826
Total Expenses
$275,898
Total Assets
$359,677
Net Assets
$359,677
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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
1965
Legal Domicile
LA
Principal Officer
LISA CATALANATTO
Phone
2257665450
Tax Period
2023-01-01 to 2023-12-31

TARA CLUB INC, founded in 1965, is a small nonprofit in the Recreation & Sports sector that reported $318K in total revenue in fiscal year 2023. Expenses of $276K left a modest 13% surplus.

Mission

TARA CLUB IS A NEIGHBORHOOD SWIM, TENNIS & SOCIAL CLUB

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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 $211,287
Program Service Revenue $105,650
Investment Income $889
Other Revenue $0
TOTAL REVENUE $317,826

Expense Breakdown

Grants Paid $0
Salaries & Benefits $80,775
Fundraising Expenses $0
Program Expenses $174,245
Other Expenses $195,123
TOTAL EXPENSES $275,898

Year-over-Year Comparison

2023 2022 Change
Revenue $317,826 $295,384 +0.1%
Expenses $275,898 $223,224 +0.2%
Net Income $41,928 $72,160 -0.4%
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
12
Independent Members
12
Employees
38
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
0
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHELLE SCHROEDER PRESIDENT 2.00
Director
$0 $0 $0
LISA CATALANATTO TREASURER 4.00
Director
$0 $0 $0
CAROLINE SCHOLL MEMBERSHIP CHAIR 0.50
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 No data No data No data No data
2023 $317,826 $275,898 $359,677 $41,928
2022 $295,384 $223,224 $317,749 $72,160
2021 $218,951 $140,235 $294,504 $78,716
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