LAKEWOOD RACQUET CLUB (EIN 910749081) - 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

1987

Legal Domicile

Phone

2535826311

Tax Period

2024-01-01 to 2024-12-31

LAKEWOOD RACQUET CLUB, founded in 1987, is a small nonprofit that reported $624K in total revenue in fiscal year 2024.

Mission

PROVIDE TENNIS EXERCISE AND SOCIAL FACILITIES FOR MEMBERS TO PROMOTE SOCIAL AND HEALTH WELL BEING IN A FRIENDLY FAMILY ATMOSPHERE

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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 $386,054

Program Service Revenue $203,308

Investment Income $1,310

Other Revenue $33,201

TOTAL REVENUE $623,873

Expense Breakdown

Grants Paid $0

Salaries & Benefits $378,456

Fundraising Expenses $0

Program Expenses $183,071

Other Expenses $278,277

TOTAL EXPENSES $656,733

Year-over-Year Comparison

	2024	2023	Change
Revenue	$623,873	$633,920	0.0%
Expenses	$656,733	$652,396	+0.0%
Net Income	$-32,860	$-18,476	+0.8%

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

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
CRAIG ROBERTSON	MEMBER	1.00	Director	$0	$0	$0
KATE PERRY	MEMBER	1.00	Director	$0	$0	$0
TRICIA PARSONS	MEMBER	2.00	Director	$0	$0	$0
EDWARD GRENLEY	MEMBER	1.00	Director	$0	$0	$0
MARK MATTLER	MEMBER	1.00	Director	$0	$0	$0
TIM MORLEY	SECRETARY	1.00	Officer	$0	$0	$0
NICOLE ENSLOW	PRESIDENT	1.00	Officer	$0	$0	$0
SCOTT BAIRD	VICE PRESIDENT	1.00	Officer	$0	$0	$0
BRIAN PARSONS	TREASURER	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	$623,873	$656,733	$552,104	$-32,860
2023	$633,920	$652,396	$590,393	$-18,476
2022	$677,405	$594,330	$617,063	$83,075
2021	$483,079	$465,230	$570,808	$17,849
2020	$489,374	$436,221	$533,457	$53,153
2019	$388,404	$452,094	$457,966	$-63,690
2018	$467,208	$482,321	$578,782	$-15,113

LAKEWOOD RACQUET CLUB