NEEDHAM PLATFORM TENNIS CLUB INC (EIN 852971320) - 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

2020

Legal Domicile

Principal Officer

BARRY NECTOW

Phone

6179629940

Tax Period

2024-01-01 to 2024-12-31

NEEDHAM PLATFORM TENNIS CLUB INC, founded in 2020, is a small nonprofit that reported $190K in total revenue in fiscal year 2024. Revenue surged 23% from the prior year, signaling strong growth momentum. The organization ran a surplus of $56K, a strong 30% operating margin.

Mission

TO CONSTRUCT, MAINTAIN AND OPERATE A PADDLE TENNIS PROGRAM.

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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 $189,526

Investment Income $145

Other Revenue $0

TOTAL REVENUE $189,671

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $133,230

TOTAL EXPENSES $133,230

Year-over-Year Comparison

	2024	2023	Change
Revenue	$189,671	$153,596	+0.2%
Expenses	$133,230	$172,218	-0.2%
Net Income	$56,441	$-18,622	-4.0%

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

N/A

Volunteers

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
BARRY NECTOW	PRESIDENT	10.00	Officer Director	$0	$0	$0
MATT NAZARENKO	MEMBER	5.00	Director	$0	$0	$0
DANIEL MCBRIDE	TREASURER	5.00	Officer Director	$0	$0	$0
KEVIN KILLEEN	CLERK	5.00	Officer Director	$0	$0	$0
KELLY PARTRIDGE	MEMBER	5.00	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	$189,671	$133,230	$1,019,734	$56,441
2023	$153,596	$172,218	$991,132	$-18,622
2022	$122,993	$160,309	$1,033,825	$-37,316
2021	$362,057	$49,280	$1,100,326	$312,777

NEEDHAM PLATFORM TENNIS CLUB INC