Liabilities / Assets
52nd percentile
Higher debt load relative to assets than 52% of similar nonprofits.
EIN 91-0715875 • 501(c)7 • Bellevue, WA
Profile
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.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
52nd percentile
Higher debt load relative to assets than 52% of similar nonprofits.
Liabilities / Revenue
54th percentile
Higher debt load relative to revenue than 54% of similar nonprofits.
Net Margin
13th percentile
Higher net margin than 13% of similar nonprofits.
Top Officer Pay
89th percentile
Higher top officer pay than 89% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
14th percentile
Faster asset growth than 14% of similar nonprofits.
Revenue Growth
11th percentile
Faster revenue growth than 11% of similar nonprofits.
Assets
Down$514,481
Down $53,252 (-9.4%) from 2023
Liabilities
Down$12,727
Down $8,243 (-39%) from 2023
Net Assets
Down$501,754
Down $45,009 (-8.2%) from 2023
Revenue
Down$345,121
Down $66,052 (-16%) from 2023
Expenses
Up$390,130
Up $79,728 (+26%) from 2023
Net Income
Down-$45,009
Down $145,780 (-145%) from 2023
Most recent year
2024 • Form 990Detailed filing. Detailed filing data is available for this year.
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. The tennis and basketball courts are available year round.
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.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Rtn Earn Endowment Incm Other Fnds | $546,763 | $501,754 | ▼ $45,009 |
| Land, Buildings, and Equipment, Net | $278,945 | $316,786 | ▲ $37,841 |
| Savings and Temporary Cash Investments | $110,670 | $126,687 | ▲ $16,017 |
| Cash and Non-Interest-Bearing Accounts | $177,672 | $70,854 | ▼ $106,818 |
| Total Assets | $567,733 | $514,481 | ▼ $53,252 |
| Other Assets Total | $446 | $154 | ▼ $292 |
| Liabilities | |||
| Other Liabilities | $20,970 | $12,727 | ▼ $8,243 |
| Total Liabilities | $20,970 | $12,727 | ▼ $8,243 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $546,763 | $501,754 | ▼ $45,009 |
| Total Liabilities and Net Assets / Fund Balance | $567,733 | $514,481 | ▼ $53,252 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $180,902 | - | $180,902 |
| Other Land Buildings | $50,711 | $118,978 | $169,689 |
| Equipment | $65,373 | - | $65,373 |
| Leasehold Improvements | $19,800 | $22,443 | $42,243 |
| Name | Title |
|---|---|
| Claudia Myers | President |
| Erin Fields | Board Member |
| Katie Eubank | Board Member |
| Mandeep Toor | Board Member |
| Jennifer Schultze | Secretary |
| Steve Fox | Treasurer |
| Markus Vogel | Vice Preside |
| Line Item | Amount |
|---|---|
| Other Expenses | $242,164 |
| Salaries, Compensation, and Employee Benefits | $147,966 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | - | - | - | $121,985 |
| Occupancy | - | - | - | $96,194 |
| Depreciation Depletion | - | - | - | $82,739 |
| Payroll Taxes | - | - | - | $25,981 |
| Fees for Services Legal | - | - | - | $11,090 |
| Insurance | - | - | - | $10,885 |
| All Other Expenses | - | - | - | $7,683 |
| Fees for Services Accounting | - | - | - | $7,652 |
| Office Expenses | - | - | - | $4,254 |
| Other Expenses | - | - | - | $2,778 |
| Advertising | - | - | - | $2,347 |
| Total Functional Expenses | $0 | $0 | $0 | $390,130 |
| Line Item | Amount |
|---|---|
| Fundraising Gross Income | $9,236 |
| Fundraising Direct Expenses | $7,373 |
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Washington State Dept. of Revenue Pa | $12,323 |
| Payroll Tax Liabilities | $404 |
“The club has certain members that hold "certificates" (or shares) which permits those individuals to vote on significant matters. The board of directors votes on normal operating matters of the club.”
“The president can appoint new board members if the need arises between annual meetings.”
“Large cost decisions and organizational changes (e.g amending the articles of incorporation) are subject to member approval.”
“For 2024 phantom lake bath & tennis club engaged a cpa firm to prepare its form 990 tax filings. The 990 is reviewed in detail with one or more of the board members before it is finalized. Once finalized, the form 990 is made available to all board members prior to filing with the irs.”
“The taxpayer's financial statements are not made available to the public. The taxpayer's form 990 is made available to the public upon request.”
“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.”
“Swim team - this is a recreational competitive swim team for children aged 5 to 18 and is a member of the midlakes league, a local league with the purpose of providing opportunities to introduce member clubs and athletes to aquatic sports. Water polo team - this is a recreational competitive water polo team for children ages 8 to 18 and is a member of the midlakes league, a local league with the purpose of providing opportunities to introduce member clubs and athletes to aquatic sports. Dive team - this is a recreational competitive dive team for children aged 5 to 18 and is a member of the midlakes league, a local organization with the purpose of providing opportunities to introduce member clubs and athletes to aquatic sports. Group swim lessons - this is a service program to teach members to swim the four competitive swim strokes. The purpose is to provide a safe learning environment to promote enjoyment of swimming.”
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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|---|---|---|
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| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | 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. |
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| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 7683 |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | STEVE FOX |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 4257470260 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 15810 SE 24TH STREET |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | BELLEVUE |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | WA |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 98008 |
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| IRS990/CYTotalExpensesAmt | 0 | 390130 |
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| IRS990/Desc | 0 | SWIM TEAM - THIS IS A RECREATIONAL COMPETITIVE SWIM TEAM FOR CHILDREN AGED 5 TO 18 AND IS A MEMBER OF THE MIDLAKES LEAGUE, A LOCAL LEAGUE WITH THE PURPOSE OF PROVIDING OPPORTUNITIES TO INTRODUCE MEMBER CLUBS AND ATHLETES TO AQUATIC SPORTS. WATER POLO TEAM - THIS IS A RECREATIONAL COMPETITIVE WATER POLO TEAM FOR CHILDREN AGES 8 TO 18 AND IS A MEMBER OF THE MIDLAKES LEAGUE, A LOCAL LEAGUE WITH THE PURPOSE OF PROVIDING OPPORTUNITIES TO INTRODUCE MEMBER CLUBS AND ATHLETES TO AQUATIC SPORTS. DIVE TEAM - THIS IS A RECREATIONAL COMPETITIVE DIVE TEAM FOR CHILDREN AGED 5 TO 18 AND IS A MEMBER OF THE MIDLAKES LEAGUE, A LOCAL ORGANIZATION WITH THE PURPOSE OF PROVIDING OPPORTUNITIES TO INTRODUCE MEMBER CLUBS AND ATHLETES TO AQUATIC SPORTS. GROUP SWIM LESSONS - THIS IS A SERVICE PROGRAM TO TEACH MEMBERS TO SWIM THE FOUR COMPETITIVE SWIM STROKES. THE PURPOSE IS TO PROVIDE A SAFE LEARNING ENVIRONMENT TO PROMOTE ENJOYMENT OF SWIMMING. |
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| IRS990/Form990TFiledInd | 0 | true |
| IRS990/FormationYr | 0 | 1960 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
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| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 7 |
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| IRS990/GrossRentsGrp/RealAmt | 0 | 16620 |
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| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 1052 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
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| IRS990/MethodOfAccountingCashInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | 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. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | 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. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | SWIM TEAM - THIS IS A RECREATIONAL COMPETITIVE SWIM TEAM FOR CHILDREN AGED 5 TO 18 AND IS A MEMBER OF THE MIDLAKES LEAGUE, A LOCAL LEAGUE WITH THE PURPOSE OF PROVIDING OPPORTUNITIES TO INTRODUCE MEMBER CLUBS AND ATHLETES TO AQUATIC SPORTS. WATER POLO TEAM - THIS IS A RECREATIONAL COMPETITIVE WATER POLO TEAM FOR CHILDREN AGES 8 TO 18 AND IS A MEMBER OF THE MIDLAKES LEAGUE, A LOCAL LEAGUE WITH THE PURPOSE OF PROVIDING OPPORTUNITIES TO INTRODUCE MEMBER CLUBS AND ATHLETES TO AQUATIC SPORTS. DIVE TEAM - THIS IS A RECREATIONAL COMPETITIVE DIVE TEAM FOR CHILDREN AGED 5 TO 18 AND IS A MEMBER OF THE MIDLAKES LEAGUE, A LOCAL ORGANIZATION WITH THE PURPOSE OF PROVIDING OPPORTUNITIES TO INTRODUCE MEMBER CLUBS AND ATHLETES TO AQUATIC SPORTS. GROUP SWIM LESSONS - THIS IS A SERVICE PROGRAM TO TEACH MEMBERS TO SWIM THE FOUR COMPETITIVE SWIM STROKES. THE PURPOSE IS TO PROVIDE A SAFE LEARNING ENVIRONMENT TO PROMOTE ENJOYMENT OF SWIMMING. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THE CLUB HAS CERTAIN MEMBERS THAT HOLD "CERTIFICATES" (OR SHARES) WHICH PERMITS THOSE INDIVIDUALS TO VOTE ON SIGNIFICANT MATTERS. THE BOARD OF DIRECTORS VOTES ON NORMAL OPERATING MATTERS OF THE CLUB. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THE PRESIDENT CAN APPOINT NEW BOARD MEMBERS IF THE NEED ARISES BETWEEN ANNUAL MEETINGS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | LARGE COST DECISIONS AND ORGANIZATIONAL CHANGES (E.G AMENDING THE ARTICLES OF INCORPORATION) ARE SUBJECT TO MEMBER APPROVAL. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | FOR 2024 PHANTOM LAKE BATH & TENNIS CLUB ENGAGED A CPA FIRM TO PREPARE ITS FORM 990 TAX FILINGS. THE 990 IS REVIEWED IN DETAIL WITH ONE OR MORE OF THE BOARD MEMBERS BEFORE IT IS FINALIZED. ONCE FINALIZED, THE FORM 990 IS MADE AVAILABLE TO ALL BOARD MEMBERS PRIOR TO FILING WITH THE IRS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | THE TAXPAYER'S FINANCIAL STATEMENTS ARE NOT MADE AVAILABLE TO THE PUBLIC. THE TAXPAYER'S FORM 990 IS MADE AVAILABLE TO THE PUBLIC UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990 - ORGANIZATION'S MISSION |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PAGE 2, PART III, LINE 4A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PAGE 6, PART VI, LINE 6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PAGE 6, PART VI, LINE 7A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PAGE 6, PART VI, LINE 7B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PAGE 6, PART VI, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | FORM 990, PAGE 6, PART VI, LINE 19 |
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| IRS990/USAddress/AddressLine1Txt | 0 | 15810 SE 24TH STREET |
| IRS990/USAddress/CityNm | 0 | BELLEVUE |
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| IRS990/WebsiteAddressTxt | 0 | WWW.PHANTOMLAKECLUB.ORG |
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| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
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| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | STEVE FOX |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | TREASURER |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 4257470260 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-05-27 |
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| ReturnHeader/Filer/EIN | 0 | 910715875 |
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| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 204967233 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | NEWMAN DIERST HALES PLLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 221 1ST AVE W STE 515 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | SEATTLE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | WA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 981194285 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 2062841383 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2025-05-27 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | KEVIN IKEBE |
| ReturnHeader/ReturnTs | 0 | 2025-06-09T19:49:26-04:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
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