Civic Intelligence

Martins Dam Club

EIN 23-1262738 • 501(c)7 • Wayne, PA

Profile

908819 operation of a swim and tennis club

Box 4Wayne, PA 19087

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

85th percentile

0.64x

Higher debt load relative to assets than 85% of similar nonprofits.

501(c)7 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

80th percentile

1.08x

Higher debt load relative to revenue than 80% of similar nonprofits.

501(c)7 • $1M-$5M nonprofits • Source year 2024

Net Margin

8th percentile

-19%

Higher net margin than 8% of similar nonprofits.

501(c)7 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

80th percentile

$0

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)7 • $1M-$5M nonprofits • Source year 2024

Asset Growth

11th percentile

-8.0%

Faster asset growth than 11% of similar nonprofits.

501(c)7 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

49th percentile

5.4%

Faster revenue growth than 49% of similar nonprofits.

501(c)7 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Down

$2,522,253

Down $220,712 (-8.0%) from 2023

Liabilities

Up

$1,602,033

Up $53,654 (+3.5%) from 2023

Net Assets

Down

$920,220

Down $274,366 (-23%) from 2023

Revenue

Up

$1,479,479

Up $76,087 (+5.4%) from 2023

Expenses

Up

$1,753,845

Up $503,544 (+40%) from 2023

Net Income

Down

-$274,366

Down $427,457 (-279%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$3.0M$2.0M$1.0M$0Assets 2011: $1,465,977Liabilities 2011: $41,488Net Assets 2011: $1,424,4892011Assets 2012: $1,307,905Liabilities 2012: $30,000Net Assets 2012: $1,277,9052012Assets 2013: $1,304,823Liabilities 2013: $0Net Assets 2013: $1,304,8232013Assets 2014: $1,273,659Liabilities 2014: $0Net Assets 2014: $1,273,6592014Assets 2015: $1,139,613Liabilities 2015: $0Net Assets 2015: $1,139,6132015Assets 2016: $1,165,903Liabilities 2016: $0Net Assets 2016: $1,165,9032016Assets 2017: $1,173,187Liabilities 2017: $0Net Assets 2017: $1,173,1872017Assets 2018: $1,285,233Liabilities 2018: $108,642Net Assets 2018: $1,176,5912018Assets 2019: $2,275,215Liabilities 2019: $1,309,937Net Assets 2019: $965,2782019Assets 2020: $2,229,703Liabilities 2020: $1,337,665Net Assets 2020: $892,0382020Assets 2021: $2,400,538Liabilities 2021: $1,435,923Net Assets 2021: $964,6152021Assets 2022: $2,533,580Liabilities 2022: $1,492,085Net Assets 2022: $1,041,4952022Assets 2023: $2,742,965Liabilities 2023: $1,548,379Net Assets 2023: $1,194,5862023Assets 2024: $2,522,253Liabilities 2024: $1,602,033Net Assets 2024: $920,2202024

Highlighted filing

2024

Assets$2,522,253
Liabilities$1,602,033
Net Assets$920,220

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$2.0M$1.0M$0-$1.0MRevenue 2011: $864,578Expenses 2011: $822,786Net Income 2011: $41,7922011Revenue 2012: $862,296Expenses 2012: $1,008,880Net Income 2012: -$146,5842012Revenue 2013: $978,331Expenses 2013: $951,413Net Income 2013: $26,9182013Revenue 2014: $883,343Expenses 2014: $915,095Net Income 2014: -$31,7522014Revenue 2015: $906,083Expenses 2015: $1,040,128Net Income 2015: -$134,0452015Revenue 2016: $992,622Expenses 2016: $966,332Net Income 2016: $26,2902016Revenue 2017: $930,694Expenses 2017: $923,410Net Income 2017: $7,2842017Revenue 2018: $911,801Expenses 2018: $908,396Net Income 2018: $3,4052018Revenue 2019: $900,235Expenses 2019: $1,013,149Net Income 2019: -$112,9142019Revenue 2020: $893,820Expenses 2020: $967,060Net Income 2020: -$73,2402020Revenue 2021: $1,054,090Expenses 2021: $981,513Net Income 2021: $72,5772021Revenue 2022: $1,246,427Expenses 2022: $1,169,547Net Income 2022: $76,8802022Revenue 2023: $1,403,392Expenses 2023: $1,250,301Net Income 2023: $153,0912023Revenue 2024: $1,479,479Expenses 2024: $1,753,845Net Income 2024: -$274,3662024

Highlighted filing

2024

Revenue$1,479,479
Expenses$1,753,845
Net Income-$274,366

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.52$1.60$0.92$1.48$1.75$0.27
2023Detailed filing. Detailed filing data is available for this year.$2.74$1.55$1.19$1.40$1.25$0.15
2022Detailed filing. Detailed filing data is available for this year.$2.53$1.49$1.04$1.25$1.17$0.08
2021Detailed filing. Detailed filing data is available for this year.$2.40$1.44$0.96$1.05$0.98$0.07
2020Detailed filing. Detailed filing data is available for this year.$2.23$1.34$0.89$0.89$0.97$0.07
2019Detailed filing. Detailed filing data is available for this year.$2.28$1.31$0.97$0.90$1.01$0.11
2018Detailed filing. Detailed filing data is available for this year.$1.29$0.11$1.18$0.91$0.91$0.00
2017Detailed filing. Detailed filing data is available for this year.$1.17$0.00$1.17$0.93$0.92$0.01
2016Detailed filing. Detailed filing data is available for this year.$1.17$0.00$1.17$0.99$0.97$0.03
2015Detailed filing. Detailed filing data is available for this year.$1.14$0.00$1.14$0.91$1.04$0.13
2014Detailed filing. Detailed filing data is available for this year.$1.27$0.00$1.27$0.88$0.92$0.03
2013Detailed filing. Detailed filing data is available for this year.$1.30$0.00$1.30$0.98$0.95$0.03
2012Summary only. Only limited summary data is available for this year.$1.31$0.03$1.28$0.86$1.01$0.15
2011Summary only. Only limited summary data is available for this year.$1.47$0.04$1.42$0.86$0.82$0.04
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Apr 24, 2025
Return Version
2024v5.1
Gross Receipts
$1,479,479
Mission and Program Overview

Mission

908819 operation of a swim and tennis club

Operation of a club for swimming & tennis activities

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,732,973$1,922,041▲ $189,068
Cash and Non-Interest-Bearing Accounts$989,669$575,737▼ $413,932
Inventories for Sale or Use$17,123$16,763▼ $360
Accounts Receivable$3,200$5,024▲ $1,824
Prepaid Expenses and Deferred Charges$0$2,688▲ $2,688
Total Assets$2,742,965$2,522,253▼ $220,712
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,002,311$977,495▼ $24,816
Deferred Revenue$398,875$423,501▲ $24,626
Other Liabilities$122,223$118,800▼ $3,423
Accounts Payable and Accrued Expenses$24,970$82,237▲ $57,267
Total Liabilities$1,548,379$1,602,033▲ $53,654
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,174,586$920,220▼ $254,366
Net Assets With Donor Restrictions$20,000$0▼ $20,000
Total Net Assets Fund Balance$1,194,586$920,220▼ $274,366
Total Liabilities and Net Assets / Fund Balance$2,742,965$2,522,253▼ $220,712

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,409,918$2,109,495$3,519,413
Other Land Buildings$489,773$678,228$1,168,001
Land$22,350-$22,350
Compensation and Service Providers

Board Members and Trustees

NameTitle
Robert MckeaneyPresident
Paula SweeneySecretary
Chris PackerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,457,068
Investment Income
$22,411
Other Revenue
$0
Change in Net Assets
$-274,366
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,071,162
Salaries, Compensation, and Employee Benefits$682,683
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$516,529$113,311-$629,840
Depreciation Depletion$112,799$5,937-$118,736
Insurance$90,266$5,804-$96,070
Office Expenses$32,824$34,278-$67,102
All Other Expenses$60,825$1,465-$62,290
Payroll Taxes$43,907$8,936-$52,843
Other Expenses$42,097$2,216-$44,313
Interest$40,486--$40,486
Fees for Services Accounting-$27,588-$27,588
Fees for Services Legal-$7,578-$7,578
Fees for Services Other$2,273--$2,273
Total Functional Expenses$1,519,543$234,302$0$1,753,845
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Security Bonds$117,300
Security Deposits$1,500
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

Organization has dues paying members

Form 990, Part VI, Section A, Line 7A

Members elect board of directors annually.

Form 990, Part VI, Section B, Line 11B

Form 990 is available for inspection after filing.

Form 990, Part VI, Section C, Line 19

Governing documents, conflict of interest policy and financial statements are available to the membership at the club's annual meeting of members.

Filing and Contact Details

Filer

Filer Name
Martins Dam Club
EIN
23-1262738
Phone
6106886775
Address
BOX 4, WAYNE, PA 19087

Signing Officer

Name
Robert Mckeaney
Title
President
Phone
6106886775
Signed
2025-04-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Robert Mckeaney
Formed
1924
Legal Domicile
Pa
Voting Board Members
15
Independent Board Members
15
Employees
94
Volunteers
0

Preparer

Firm
Scott L Frankenfield CPA
Address
116 FREEDOM RIDER TRAIL, GLEN MILLS, PA 19342
Preparer
Scott L Frankenfield CPA
Phone
4843158487
Supplemental Narrative

Additional Explanations

Form 990 - Part XII Line 2C

There have been no changes to the organization's oversight process for its compiled financial statements.

Financial Statement Notes

PART X, LINE 2:

The corporation adopted the provisions of the accounting guidance regarding accounting for uncertainty in income taxes. As a result of the implementation, the corporation has not identified any uncertain tax positions and therefore no amounts have been accrued at year end.

Raw XML Appendix348 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0678228
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt01168001
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0117300
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11500
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SECURITY BONDS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1SECURITY DEPOSITS
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CORPORATION ADOPTED THE PROVISIONS OF THE ACCOUNTING GUIDANCE REGARDING ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. AS A RESULT OF THE IMPLEMENTATION, THE CORPORATION HAS NOT IDENTIFIED ANY UNCERTAIN TAX POSITIONS AND THEREFORE NO AMOUNTS HAVE BEEN ACCRUED AT YEAR END.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01922041
IRS990ScheduleD/TotalLiabilityAmt0118800
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ORGANIZATION HAS DUES PAYING MEMBERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MEMBERS ELECT BOARD OF DIRECTORS ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FORM 990 IS AVAILABLE FOR INSPECTION AFTER FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE MEMBERSHIP AT THE CLUB'S ANNUAL MEETING OF MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THERE HAVE BEEN NO CHANGES TO THE ORGANIZATION'S OVERSIGHT PROCESS FOR ITS COMPILED FINANCIAL STATEMENTS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990 - PART XII LINE 2C
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt02742965
IRS990/TotalAssetsEOYAmt02522253
IRS990/TotalAssetsGrp/BOYAmt02742965
IRS990/TotalAssetsGrp/EOYAmt02522253
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt094
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0234302
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01519543
IRS990/TotalFunctionalExpensesGrp/TotalAmt01753845
IRS990/TotalGrossUBIAmt033781
IRS990/TotalLiabilitiesBOYAmt01548379
IRS990/TotalLiabilitiesEOYAmt01602033
IRS990/TotalLiabilitiesGrp/BOYAmt01548379
IRS990/TotalLiabilitiesGrp/EOYAmt01602033
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01194586
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0920220
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt011370
IRS990/TotalOthProgramServiceRevGrp/UnrelatedBusinessRevenueAmt011370
IRS990/TotalProgramServiceExpensesAmt01519543
IRS990/TotalProgramServiceRevenueAmt01457068
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01445698
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01479479
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt033781
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02742965
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02522253
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd01
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01178 PEBBLE SPRING DR
IRS990/USAddress/CityNm0BERWYN
IRS990/USAddress/StateAbbreviationCd0PA
IRS990/USAddress/ZIPCd019312
IRS990/VotingMembersGoverningBodyCnt015
IRS990/VotingMembersIndependentCnt015
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0ROBERT MCKEANEY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06106886775
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-04-24
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MARTINS DAM CLUB
ReturnHeader/Filer/BusinessNameControlTxt0MART
ReturnHeader/Filer/EIN0231262738
ReturnHeader/Filer/PhoneNum06106886775
ReturnHeader/Filer/USAddress/AddressLine1Txt0BOX 4
ReturnHeader/Filer/USAddress/CityNm0WAYNE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0PA
ReturnHeader/Filer/USAddress/ZIPCd019087
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SCOTT L FRANKENFIELD CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0116 FREEDOM RIDER TRAIL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0GLEN MILLS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd019342
ReturnHeader/PreparerPersonGrp/PhoneNum04843158487
ReturnHeader/PreparerPersonGrp/PreparationDt02025-04-24
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SCOTT L FRANKENFIELD CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-05-08T04:37:55-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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