Civic Intelligence

Fermata Club

EIN 57-0335225 • 501(c)7 • Aiken, SC

Profile

Provide swimming and tennis for 150 plus member families red cross certified swim lessons, usta sacntioned tennis programs, tennis leagues and lessons, social functions for members, swim team and facilities for swim practice/meets for members, and preservation of an historic property.

PO Box 752Aiken, SC 29802

www.fermataclub.com

Siviq Scores

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

Liabilities / Assets

58th percentile

0.24x

Higher debt load relative to assets than 58% of similar nonprofits.

501(c)7 • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

86th percentile

1.62x

Higher debt load relative to revenue than 86% of similar nonprofits.

501(c)7 • $1M-$5M nonprofits • Source year 2025

Net Margin

48th percentile

4.3%

Higher net margin than 48% of similar nonprofits.

501(c)7 • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

81st percentile

12%

Faster asset growth than 81% of similar nonprofits.

501(c)7 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Revenue Growth

4th percentile

-33%

Faster revenue growth than 4% of similar nonprofits.

501(c)7 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Assets

Up

$1,393,956

Up $147,532 (+12%) from 2024

Liabilities

Up

$339,761

Up $138,534 (+69%) from 2024

Net Assets

Up

$1,054,195

Up $8,998 (+0.9%) from 2024

Revenue

Down

$209,366

Down $103,183 (-33%) from 2024

Expenses

Up

$200,368

Up $24,589 (+14%) from 2024

Net Income

Down

$8,998

Down $127,772 (-93%) from 2024

Trend Graphs

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2012: $635,430Liabilities 2012: $568,527Net Assets 2012: $66,9032012Assets 2013: $622,457Liabilities 2013: $549,397Net Assets 2013: $73,0602013Assets 2014: $1,299,524Liabilities 2014: $527,088Net Assets 2014: $772,4362014Assets 2015: $1,280,213Liabilities 2015: $512,127Net Assets 2015: $768,0862015Assets 2016: $1,263,963Liabilities 2016: $485,133Net Assets 2016: $778,8302016Assets 2017: $1,244,850Liabilities 2017: $454,048Net Assets 2017: $790,8022017Assets 2018: $1,234,317Liabilities 2018: $420,045Net Assets 2018: $814,2722018Assets 2019: $1,196,235Liabilities 2019: $380,874Net Assets 2019: $815,3612019Assets 2020: $1,183,468Liabilities 2020: $342,345Net Assets 2020: $841,1232020Assets 2021: $1,168,743Liabilities 2021: $302,422Net Assets 2021: $866,3212021Assets 2022: $1,174,512Liabilities 2022: $260,395Net Assets 2022: $914,1172022Assets 2023: $1,154,781Liabilities 2023: $246,354Net Assets 2023: $908,4272023Assets 2024: $1,246,424Liabilities 2024: $201,227Net Assets 2024: $1,045,1972024Assets 2025: $1,393,956Liabilities 2025: $339,761Net Assets 2025: $1,054,1952025

Highlighted filing

2025

Assets$1,393,956
Liabilities$339,761
Net Assets$1,054,195

Operations Trend

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

$400K$300K$200K$100K$0-$100KRevenue 2012: $142,747Expenses 2012: $137,416Net Income 2012: $5,3312012Revenue 2013: $131,662Expenses 2013: $130,375Net Income 2013: $1,2872013Revenue 2014: $114,059Expenses 2014: $119,682Net Income 2014: -$5,6232014Revenue 2015: $119,828Expenses 2015: $124,178Net Income 2015: -$4,3502015Revenue 2016: $130,966Expenses 2016: $119,746Net Income 2016: $11,2202016Revenue 2017: $133,804Expenses 2017: $121,832Net Income 2017: $11,9722017Revenue 2018: $138,971Expenses 2018: $115,501Net Income 2018: $23,4702018Revenue 2019: $183,861Expenses 2019: $182,772Net Income 2019: $1,0892019Revenue 2020: $161,215Expenses 2020: $135,453Net Income 2020: $25,7622020Revenue 2021: $149,252Expenses 2021: $124,054Net Income 2021: $25,1982021Revenue 2022: $192,309Expenses 2022: $144,513Net Income 2022: $47,7962022Revenue 2023: $167,845Expenses 2023: $173,534Net Income 2023: -$5,6892023Revenue 2024: $312,549Expenses 2024: $175,779Net Income 2024: $136,7702024Revenue 2025: $209,366Expenses 2025: $200,368Net Income 2025: $8,9982025

Highlighted filing

2025

Revenue$209,366
Expenses$200,368
Net Income$8,998

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.39$0.34$1.05$0.21$0.20$0.01
2024Detailed filing. Detailed filing data is available for this year.$1.25$0.20$1.05$0.31$0.18$0.14
2023Detailed filing. Detailed filing data is available for this year.$1.15$0.25$0.91$0.17$0.17$0.01
2022Detailed filing. Detailed filing data is available for this year.$1.17$0.26$0.91$0.19$0.14$0.05
2021Detailed filing. Detailed filing data is available for this year.$1.17$0.30$0.87$0.15$0.12$0.03
2020Detailed filing. Detailed filing data is available for this year.$1.18$0.34$0.84$0.16$0.14$0.03
2019Detailed filing. Detailed filing data is available for this year.$1.20$0.38$0.82$0.18$0.18$0.00
2018Summary only. Only limited summary data is available for this year.$1.23$0.42$0.81$0.14$0.12$0.02
2017Summary only. Only limited summary data is available for this year.$1.24$0.45$0.79$0.13$0.12$0.01
2016Summary only. Only limited summary data is available for this year.$1.26$0.49$0.78$0.13$0.12$0.01
2015Summary only. Only limited summary data is available for this year.$1.28$0.51$0.77$0.12$0.12$0.00
2014Summary only. Only limited summary data is available for this year.$1.30$0.53$0.77$0.11$0.12$0.01
2013Summary only. Only limited summary data is available for this year.$0.62$0.55$0.07$0.13$0.13$0.00
2012Summary only. Only limited summary data is available for this year.$0.64$0.57$0.07$0.14$0.14$0.01
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Mar 1, 2024 to Feb 28, 2025
Signed
Jul 21, 2025
Return Version
2024v5.2
Gross Receipts
$209,366
Mission and Program Overview

Mission

Provide swimming and tennis for 150 plus member families red cross certified swim lessons, usta sacntioned tennis programs, tennis leagues and lessons, social functions for members, swim team and facilities for swim practice/meets for members, and preservation of an historic property.

Swim and tennis club serving families in and near aiken sc and preservation of historic club property

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,096,660$1,196,783▲ $100,123
Pd in Cap Srpls Land Bldg Eqp Fund$1,030,525$1,039,523▲ $8,998
Cash and Non-Interest-Bearing Accounts$120,589$193,006▲ $72,417
Loans From Officers Directors$28,313$28,313→ $0
Cap Stk Tr Prin Current Funds$14,672$14,672→ $0
Intangible Assets-$4,167-
Total Assets$1,246,424$1,393,956▲ $147,532
Other Assets Total$29,175--
Liabilities
Mortgage Notes Payable Secured by Investment Property$142,041$274,379▲ $132,338
Deferred Revenue$30,825$36,793▲ $5,968
Accounts Payable and Accrued Expenses$48$276▲ $228
Total Liabilities$201,227$339,761▲ $138,534
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,045,197$1,054,195▲ $8,998
Total Liabilities and Net Assets / Fund Balance$1,246,424$1,393,956▲ $147,532

Asset Categories

AssetBook ValueDepreciationBasis
Land$703,180-$703,180
Buildings$375,036$322,430$697,466
Leasehold Improvements$118,448$4,771$123,219
Equipment$52$1,302$1,354
Other Land Buildings$67$267$334
Compensation and Service Providers

Board Members and Trustees

NameTitle
Jason RabunChairperson
Stuart GriswoldVice Chair
Dave LevinBoard Member
Elizabeth SchappellBoard Member
Jason McalhaneyBoard Member
Monique RabinBoard Member
Pagie RabonBoard Member
Claire CunninghamInterim Treasurer
Robert AbshireSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$120,914
Program Service Revenue
$70,260
Investment Income
$4,973
Other Revenue
$13,219
All Other Contributions
$630
Change in Net Assets
$8,998
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$158,436
Salaries, Compensation, and Employee Benefits$41,932
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$38,748--$38,748
Other Expenses$34,498$2,236-$34,498
Depreciation Depletion$23,412--$23,412
Occupancy$20,215--$20,215
Interest$17,627--$17,627
Insurance$10,916$1,322-$12,238
Fees for Services Other$11,309--$11,309
All Other Expenses$5,057$3,379-$8,436
Fees for Services Accounting-$4,675-$4,675
Payroll Taxes$3,184--$3,184
Office Expenses-$2,188-$2,188
Advertising$599--$599
Total Functional Expenses$186,301$14,067$0$200,368
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$28,313$28,313→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
Yes
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Fermata Club
EIN
57-0335225
Phone
9293832392
Address
PO BOX 752, AIKEN, SC 29802

Signing Officer

Name
Claire Cunningham
Title
Treasurer
Phone
9293832392
Signed
2025-07-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Claire Cunningham
Formed
1952
Legal Domicile
Sc
Voting Board Members
9
Independent Board Members
9
Employees
23
Volunteers
40

Preparer

Firm
Claudia W Adams CPA
Address
23 TROON WAY, AIKEN, SC 29803-5677
Preparer
Claudia W Adams
Phone
8036422603
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

FRACTIONS 1

Raw XML AppendixShowing 400 of 411 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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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt12236
IRS990/OtherExpensesGrp/ProgramServicesAmt04306
IRS990/OtherExpensesGrp/ProgramServicesAmt116430
IRS990/OtherExpensesGrp/ProgramServicesAmt234498
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IRS990/OtherExpensesGrp/TotalAmt16542
IRS990/OtherExpensesGrp/TotalAmt216430
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IRS990/OtherRevenueMiscGrp/Desc0MISC INCOME
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IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01382
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IRS990/OtherSalariesAndWagesGrp/TotalAmt038748
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt03184
IRS990/PayrollTaxesGrp/TotalAmt03184
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt01030525
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt01039523
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0CLAIRE CUNNINGHAM
IRS990/ProfessionalFundraisingInd0true
IRS990/ProgramServiceRevenueGrp/BusinessCd0713940
IRS990/ProgramServiceRevenueGrp/BusinessCd1713940
IRS990/ProgramServiceRevenueGrp/BusinessCd2713940
IRS990/ProgramServiceRevenueGrp/BusinessCd3713940
IRS990/ProgramServiceRevenueGrp/Desc0SWIMMING
IRS990/ProgramServiceRevenueGrp/Desc1CAMPS
IRS990/ProgramServiceRevenueGrp/Desc2TENNIS
IRS990/ProgramServiceRevenueGrp/Desc3SOCIAL
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt040029
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt115235
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2472
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt355
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2472
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt355
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt014469
IRS990/ProhibitedTaxShelterTransInd0false
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IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt03224
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IRS990/PYOtherExpensesAmt0132170
IRS990/PYOtherRevenueAmt0139228
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IRS990/PYRevenuesLessExpensesAmt0136770
IRS990/PYSalariesCompEmpBnftPaidAmt043609
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IRS990/PYTotalRevenueAmt0312549
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IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt08998
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt011837
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0209366
IRS990/RoyaltiesGrp/TotalAmt00
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IRS990ScheduleD/BuildingsGrp/BookValueAmt0375036
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0322430
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0697466
IRS990ScheduleD/EquipmentGrp/BookValueAmt052
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01302
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01354
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/LandGrp/BookValueAmt0703180
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0703180
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0118448
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt04771
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0123219
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt067
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IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0334
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Federal income taxes
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Financial derivatives and other financial products
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01196783
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/LicensedStatesCd0SC
IRS990ScheduleG/SpecialFundraisingEventsInd0X
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt028313
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0GUARANTOR
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt028716
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0NANCY LOONEY
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0MEMBER
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IRS990ScheduleL/TotalBalanceDueAmt028313
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FRACTIONS 1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part XI, Line 9
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IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0SC
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01246424
IRS990/TotalAssetsEOYAmt01393956
IRS990/TotalAssetsGrp/BOYAmt01246424
IRS990/TotalAssetsGrp/EOYAmt01393956
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IRS990/TotalContributionsAmt0120914
IRS990/TotalEmployeeCnt023
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt014067
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0186301
IRS990/TotalFunctionalExpensesGrp/TotalAmt0200368
IRS990/TotalGrossUBIAmt014469
IRS990/TotalLiabilitiesBOYAmt0201227
IRS990/TotalLiabilitiesEOYAmt0339761
IRS990/TotalLiabilitiesGrp/BOYAmt0201227
IRS990/TotalLiabilitiesGrp/EOYAmt0339761
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01045197
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01054195
IRS990/TotalProgramServiceExpensesAmt0186301
IRS990/TotalProgramServiceRevenueAmt070260
IRS990/TotalRevenueGrp/ExclusionAmt04973
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt069010
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0209366
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt014469
IRS990/TotalVolunteersCnt040
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01246424
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01393956
IRS990/TravelGrp/TotalAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0true
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0125 GREENVILLE ST NW
IRS990/USAddress/CityNm0AIKEN
IRS990/USAddress/StateAbbreviationCd0SC
IRS990/USAddress/ZIPCd029801
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0WWW.FERMATACLUB.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0CLAIRE CUNNINGHAM
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum09293832392
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-07-21
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FERMATA CLUB
ReturnHeader/Filer/BusinessNameControlTxt0FERM
ReturnHeader/Filer/EIN0570335225
ReturnHeader/Filer/PhoneNum09293832392
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 752
ReturnHeader/Filer/USAddress/CityNm0AIKEN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0SC
ReturnHeader/Filer/USAddress/ZIPCd029802
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0203988376
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CLAUDIA W ADAMS CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt023 TROON WAY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0AIKEN

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