PHANTOM LAKE BATH & TENNIS CLUB IN (EIN 910715875) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Formation Year

1960

Legal Domicile

Principal Officer

STEVE FOX

Phone

4257470260

Tax Period

2024-01-01 to 2024-12-31

PHANTOM LAKE BATH & TENNIS CLUB IN, founded in 1960, is a small nonprofit that reported $345K in total revenue in fiscal year 2024. Revenue decreased 16% compared to the prior year. Expenses of $390K exceeded revenue, resulting in a 13% operating deficit.

Mission

PHANTOM LAKE BATH & TENNIS CLUB IS A MEMBER-OWNED SWIMMING POOL AND RECREATION CLUB LOCATED IN BELLEVUE, WA. ITS FACILITIES INCLUDE A 6 LANE SWIMMING POOL, TENNIS COURTS, BASKETBALL COURT, RECREATION FIELD, CLUBHOUSE AND BBQ PATIO. IT'S TENNIS AND BASKETBALL COURTS ARE AVAILABLE YEAR ROUND.

🔒

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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $221,134

Program Service Revenue $104,452

Investment Income $1,052

Other Revenue $18,483

TOTAL REVENUE $345,121

Expense Breakdown

Grants Paid $0

Salaries & Benefits $147,966

Fundraising Expenses $0

Other Expenses $242,164

TOTAL EXPENSES $390,130

Year-over-Year Comparison

	2024	2023	Change
Revenue	$345,121	$411,173	-0.2%
Expenses	$390,130	$310,402	+0.3%
Net Income	$-45,009	$100,771	-1.4%

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

Governance

Voting Members

Independent Members

214

Employees

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
MARKUS VOGEL	VICE PRESIDE	5.00	Officer Director	$0	$0	$0
MANDEEP TOOR	BOARD MEMBER	1.00	Director	$0	$0	$0
CLAUDIA MYERS	PRESIDENT	5.00	Director	$0	$0	$0
ERIN FIELDS	BOARD MEMBER	1.00	Director	$0	$0	$0
STEVE FOX	TREASURER	5.00	Director	$0	$0	$0
JENNIFER SCHULTZE	SECRETARY	2.00	Officer Director	$0	$0	$0
KATIE EUBANK	BOARD MEMBER	1.00	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	$345,121	$390,130	$514,481	$-45,009
2023	$411,173	$310,402	$567,733	$100,771
2022	$327,549	$278,783	$466,764	$48,766
2021	$279,950	$267,032	$417,181	$12,918
2020	$99,515	$176,598	$419,363	$-77,083
2019	$277,859	$219,366	$475,359	$58,493
2018	$276,163	$205,957	$416,565	$70,206

PHANTOM LAKE BATH & TENNIS CLUB IN