Skip to content
Nonprofiteer
← WORLD OILMANS TENNIS TOURNAMENT CORP

Form 990 for tax year 2022

Filed by WORLD OILMANS TENNIS TOURNAMENT CORP.

Totals

Total revenue
$570,558
Total expenses
$517,277
Contributions and grants received
$518,300
Grants paid
$100,000
Program service revenue
$52,123
Investment income
$135
Other revenue
$0
Total assets, end of year
$142,196
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$142,196
Program services expenses (Part IX)
$517,277
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$517,277

Program services were 100.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $518,300

  • 2a · Program service revenue: ENTRY FEES

    total $52,123 · related or exempt $52,123

  • 3 · Investment income

    total $135 · excluded $135

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $100,000 · program services $100,000

  • 11c · Fees: accounting

    total $4,400 · program services $4,400

  • 11g · Fees: other

    total $34,000 · program services $34,000

  • 12 · Advertising and promotion

    total $17,092 · program services $17,092

  • 13 · Office expenses

    total $128 · program services $128

  • 14 · Information technology

    total $4,489 · program services $4,489

  • 19 · Conferences, conventions and meetings

    total $16,681 · program services $16,681

  • 24a · Other expenses: RACQUET CLUB

    total $211,298 · program services $211,298

  • 24b · Other expenses: TOURNAMENT

    total $82,271 · program services $82,271

  • 24c · Other expenses: ENTERTAINMENT

    total $32,450 · program services $32,450

  • 24d · Other expenses: BANK FEES

    total $14,468 · program services $14,468

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $49,115 · end of year $18,011

  • 2 · Savings and temporary cash investments

    beginning of year $39,800 · end of year $49,935

  • 9 · Prepaid expenses and deferred charges

    beginning of year $0 · end of year $74,250

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $88,915 · end of year $142,196

Mission and programs · 2022

Mission

ENCOURAGE CAMARADERIE AND ESTABLISH FRIENDSHIPS WHILE HELPING TO FORGE STRONG BUSINESS RELATIONSHIPS THROUGHOUT THE FAR-REACHING PETROLEUM INDUSTRY.

Activities or mission (Part I)

"SEE SCHEDULE O"ENCOURAGE CAMARADERIE AND ESTABLISH FRIENDSHIPS WHILE HELPING TO FORGE STRONG BUSINESS RELATIONSHIPS THROUGHOUT THE FAR-REACHING PETROLEUM INDUSTRY.

  • PROVIDE TENNIS TOURNAMENT FOR THE RECREATION OF PERSONS INVOLVED IN THE OIL & GAS INDUSTRY TO RAISE MONEY FOR VARIOUS CHARITIES.

    Expenses $517,277 · Grants $97,500 · Revenue $52,123

As filed on the 2022 return.

Listed in Part VII

  • Bob Murphy

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Darin Zanovich

    VP

    Total calculated
    $0
    Hours/week
    1

  • Jeff Bartlett

    VP

    Total calculated
    $0
    Hours/week
    1

  • John C Aubrey

    VP

    Total calculated
    $0
    Hours/week
    1

  • John Goodpasture

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • John Talbot

    VP

    Total calculated
    $0
    Hours/week
    1

  • Mike Calhoun

    VP

    Total calculated
    $0
    Hours/week
    1

  • Peter Currie

    VP

    Total calculated
    $0
    Hours/week
    1

  • Tom Young

    VP

    Total calculated
    $0
    Hours/week
    1

  • Thurmon Andress

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

Provenance

Return type
form_990
Tax year
2022
Filed
1 June 2023
IRS schema version
2022v5.0
Source object
202321529349300532

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.