ALMADEN SWIM & RACQUET CLUB INC

EIN: 941745063

San Jose, CA

Total Revenue
$1,030,285
Total Expenses
$1,054,341
Total Assets
$1,119,071
Net Assets
$1,104,578
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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
1971
Legal Domicile
CA
Phone
4082689555
Tax Period
2023-01-01 to 2023-12-31

ALMADEN SWIM & RACQUET CLUB INC, founded in 1971, is a community nonprofit that reported $1.0M in total revenue in fiscal year 2023.

Mission

Provide leisure swimming, tennis, and social activities for club members

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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 $0
Program Service Revenue $1,030,285
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,030,285

Expense Breakdown

Grants Paid $0
Salaries & Benefits $420,879
Fundraising Expenses $0
Program Expenses $1,054,341
Other Expenses $633,462
TOTAL EXPENSES $1,054,341

Year-over-Year Comparison

2023 2022 Change
Revenue $1,030,285 $1,073,205 0.0%
Expenses $1,054,341 $971,537 +0.1%
Net Income $-24,056 $101,668 -1.2%
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
7
Independent Members
7
Employees
20
Volunteers
14

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
7
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Erin Boettner General Manager 40
Highest
$87,776 $0 $87,776
Doug Bloomquist President 2
Officer
$0 $0 $0
Mark George Vice President 1
Officer
$0 $0 $0
Ken Brennan Treasurer 2
Officer
$0 $0 $0
Melissa Cameron Secretary 1
Officer
$0 $0 $0
Mandy Smith Tennis Liaison 1
Officer
$0 $0 $0
Eric Opp Auxiliary Member 1
Officer
$0 $0 $0
Kevin Jacks Auxiliary Member 1
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 No data No data No data No data
2023 $1,030,285 $1,054,341 $1,119,071 $-24,056
2022 $1,073,205 $971,537 $1,131,409 $101,668
2021 $1,026,340 $928,049 $1,035,255 $98,291
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