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Nonprofiteer
← TAMPA BAY BOWL ASSOCIATION INC

Form 990 for tax year 2022

Filed by TAMPA BAY BOWL ASSOCIATION INC.

Totals

Total revenue
$11,710,005
Total expenses
$12,303,584
Contributions and grants received
$0
Grants paid
$6,609,300
Program service revenue
$11,049,277
Investment income
$48,762
Other revenue
$611,966
Total assets, end of year
$13,138,921
Total liabilities, end of year
$5,079,667
Net assets or fund balances, end of year
$8,059,254
Program services expenses (Part IX)
$10,544,502
Management and general expenses
$1,759,082
Fundraising expenses
$0
Program service expenses (Part III)
$10,544,502

Program services were 85.7% 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.

  • 2a · Program service revenue: TELEVISION RIGHTS

    total $5,150,000 · related or exempt $5,150,000

  • 2b · Program service revenue: TICKET SALES

    total $2,503,460 · related or exempt $2,503,460

  • 2c · Program service revenue: SPONSORSHIPS

    total $2,123,800 · related or exempt $2,123,800

  • 2d · Program service revenue: MEMBERSHIPS

    total $1,113,395 · related or exempt $1,113,395

  • 2e · Program service revenue: NOVELTIES AND PROGRAMS

    total $158,622 · related or exempt $158,622

  • 3 · Investment income

    total $48,762 · excluded $48,762

  • 11a · Other revenue: MISCELLANEOUS INCOME

    total $575,636 · excluded $575,636

  • 11b · Other revenue: PARKING

    total $36,330 · excluded $36,330

  • 11e · Other revenue, total

    $611,966

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $6,609,300 · program services $6,609,300

  • 5 · Compensation of officers, directors and key employees

    total $989,127 · program services $660,157 · management and general $328,970

  • 7 · Other salaries and wages

    total $872,531 · program services $635,434 · management and general $237,097

  • 8 · Pension plan contributions

    total $61,193 · program services $44,618 · management and general $16,575

  • 9 · Other employee benefits

    total $148,690 · management and general $148,690

  • 10 · Payroll taxes

    total $76,732 · program services $55,949 · management and general $20,783

  • 11b · Fees: legal

    total $81,359 · program services $8,136 · management and general $73,223

  • 11c · Fees: accounting

    total $32,141 · program services $3,214 · management and general $28,927

  • 11g · Fees: other

    total $176,681 · program services $17,668 · management and general $159,013

  • 12 · Advertising and promotion

    total $237,545 · program services $26,046 · management and general $211,499

  • 13 · Office expenses

    total $256,124 · program services $86,165 · management and general $169,959

  • 14 · Information technology

    total $27,849 · program services $2,785 · management and general $25,064

  • 16 · Occupancy

    total $184,946 · program services $27,742 · management and general $157,204

  • 17 · Travel

    total $101,535 · program services $25,384 · management and general $76,151

  • 22 · Depreciation, depletion and amortization

    total $20,908 · program services $3,136 · management and general $17,772

  • 23 · Insurance

    total $73,601 · management and general $73,601

  • 24a · Other expenses: SOCIAL FUNCTIONS

    total $952,470 · program services $952,470

  • 24b · Other expenses: GAME DAY EXPENSES

    total $923,662 · program services $923,662

  • 24c · Other expenses: AWARDS & GIFTS

    total $462,636 · program services $462,636

  • 24e · All other expenses

    total $14,554 · management and general $14,554

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $277,474 · end of year $304,801

  • 2 · Savings and temporary cash investments

    beginning of year $12,073,801 · end of year $12,252,507

  • 4 · Accounts receivable

    beginning of year $1,445,641 · end of year $381,915

  • 9 · Prepaid expenses and deferred charges

    beginning of year $54,071 · end of year $42,706

  • 10a · Land, buildings and equipment: cost or other basis

    $257,274

  • 10b · Land, buildings and equipment: accumulated depreciation

    $100,282

  • 10c · Land, buildings and equipment, net

    beginning of year $54,445 · end of year $156,992

  • 17 · Accounts payable and accrued expenses

    beginning of year $671,193 · end of year $334,185

  • 18 · Grants payable

    beginning of year $4,570,006 · end of year $4,741,682

  • 19 · Deferred revenue

    beginning of year $11,400 · end of year $3,800

  • 27 · Net assets without donor restrictions

    beginning of year $8,652,833 · end of year $8,059,254

Mission and programs · 2022

Mission

TO CREATE AN ECONOMIC IMPACT IN THE TAMPA BAY AREA, POSITIVELY SHOWCASE THE COMMUNITY NATIONALLY AND INTERNATIONALLY, AND MANAGE AN EVENT THAT ADDS TO THE QUALITY OF LIFE IN OUR AREA (CONTINUED ON SCHEDULE O)WHILE MAKING A SIGNIFICANT FINANCIAL CONTRIBUTION TO NCAA MEMBER INSTITUTIONS AND PROVIDING A SAFE, EDUCATIONAL AND UNIQUE EXPERIENCE FOR THE STUDENT ATHLETES PARTICIPATING IN THE GAME.

Activities or mission (Part I)

POSTSEASON COLLEGE BOWL FOOTBALL GAME. PROCEEDS OF THE GAME BENEFIT THE PLAYING TEAMS' COLLEGES.

  • THE RELIAQUEST BOWL IS A NEW YEAR'S DAY COLLEGE FOOTBALL GAME THAT PAYS SIGNIFICANT FEES TO NCAA PARTICIPATING SCHOOLS FOR THEIR APPEARANCE IN OUR NEW YEAR'S DAY GAME. THIS YEAR THE RELIAQUEST BOWL PAID A COMBINED $6,100,000 TO THE SEC AND BIG TEN CONFERENCES. THE RELIAQUEST BOWL HAS PAID APPROXIMATELY $170,000,000 OVER ITS BRIEF HISTORY TO NCAA MEMBER INSTITUTIONS. THE RELIAQUEST BOWL ASSUMES THE TREMENDOUS FINANCIAL RISK AND LIABILITY WITH ITS FINANCIAL GUARANTEES TO THE SCHOOLS. THE RELIAQUEST BOWL NOT ONLY GUARANTEES ENORMOUS AMOUNTS BUT ALSO PROVIDES HOSPITALITY, ENTERTAINMENT, AND GIFTS TO THE NCAA SCHOOLS AS APART OF ITS COMMITMENT. SINCE ITS INCEPTION, THE BOWL HAS GENERATED AN ECONOMIC IMPACT OF OVER $1.1 BILLION FOR THE TAMPA BAY AREA COMMUNITY.

    Expenses $10,035,202 · Grants $6,100,000 · Revenue $11,049,277

  • THE RELIAQUEST BOWL HAS CONTRIBUTED OVER $3,500,000 OVER THE YEARS TO LOCAL CHARITIES. THIS YEAR THE BOWL HAS CONTRIBUTED $509,300 TO 77 CHARITIES IN THE TAMPA BAY AREA. GOING FORWARD, THE RELIAQUEST BOWL HAS PLEDGED AN ADDITIONAL $1 MILLION OVER THE NEXT TWO YEARS TO CHARITIES FROM OUR CHARITABLE GIVING INITIATIVE.

    Expenses $509,300 · Grants $509,300

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Troy Atlas

    CHAIR

    Total calculated
    $0
    Hours/week
    0.5

  • Chris Roederer

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    0.5

  • Glenn Fasani

    VICE CHAIR HILLSBOROUGH

    Total calculated
    $0
    Hours/week
    0.5

  • Todd Timmerman

    VICE CHAIR PINELLAS

    Total calculated
    $0
    Hours/week
    0.5

  • Tim Love

    SECRETARY

    Total calculated
    $0
    Hours/week
    0.5

  • Greg Orchard

    TREASURER

    Total calculated
    $0
    Hours/week
    0.5

  • Jerry Bell

    MEMBER

    Total calculated
    $0
    Hours/week
    0.25

  • Cathy Bellatin

    MEMBER

    Total calculated
    $0
    Hours/week
    0.25

  • Todd Buchanan

    MEMBER

    Total calculated
    $0
    Hours/week
    0.25

  • Kyle Burd

    MEMBER

    Total calculated
    $0
    Hours/week
    0.25

  • Bill Cammarata

    MEMBER

    Total calculated
    $0
    Hours/week
    0.25

  • Tracie Domino

    MEMBER

    Total calculated
    $0
    Hours/week
    0.25

  • Ed Droste

    MEMBER

    Total calculated
    $0
    Hours/week
    0.25

  • Christopher Giblin

    MEMBER

    Total calculated
    $0
    Hours/week
    0.25

  • Roy Hellwege

    MEMBER

    Total calculated
    $0
    Hours/week
    0.25

  • Cheryl Kleiman

    MEMBER

    Total calculated
    $0
    Hours/week
    0.25

  • Robin Lester

    MEMBER

    Total calculated
    $0
    Hours/week
    0.25

  • Rita Lowman

    MEMBER

    Total calculated
    $0
    Hours/week
    0.25

  • Rick Nafe

    MEMBER UNTIL 5/22/22

    Total calculated
    $0
    Hours/week
    0.25

  • Jason Pandolfo

    MEMBER

    Total calculated
    $0
    Hours/week
    0.25

  • Steve Pratico

    MEMBER

    Total calculated
    $0
    Hours/week
    0.25

  • Mindi Richter

    MEMBER

    Total calculated
    $0
    Hours/week
    0.25

  • Kevin Smith

    MEMBER

    Total calculated
    $2,000
    From this org
    $2,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    0.25

  • Robert Stephens

    MEMBER

    Total calculated
    $0
    Hours/week
    0.25

  • James McVay

    PRESIDENT/CEO

    Total calculated
    $948,410
    From this org
    $864,114
    From related orgs
    $0
    Other
    $84,296
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $475,000
    Bonus
    $329,000
    Other
    $60,114
    Deferred
    $22,985
    Nontaxable benefits
    $61,311
    Filer's total
    $948,410

  • Michael Schulze

    DIRECTOR OF SPONSORSHIPS

    Total calculated
    $319,164
    From this org
    $243,286
    From related orgs
    $0
    Other
    $75,878
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $204,167
    Bonus
    $21,292
    Other
    $17,827
    Deferred
    $17,933
    Nontaxable benefits
    $57,945
    Filer's total
    $319,164

  • Linda Karpovich

    TICKET/BUSINESS MANAGER

    Total calculated
    $267,185
    From this org
    $228,038
    From related orgs
    $0
    Other
    $39,147
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $196,500
    Bonus
    $20,000
    Other
    $11,538
    Deferred
    $17,320
    Nontaxable benefits
    $21,827
    Filer's total
    $267,185

  • Rebecca Weightman

    EVENT COORDINATOR

    Total calculated
    $212,130
    From this org
    $178,333
    From related orgs
    $0
    Other
    $33,797
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $158,333
    Bonus
    $20,000
    Other
    $0
    Deferred
    $14,267
    Nontaxable benefits
    $19,530
    Filer's total
    $212,130

  • Blake G Guthrie

    DIRECTOR OF COMMUNITY PARTNERSHIPS

    Total calculated
    $221,761
    From this org
    $184,928
    From related orgs
    $0
    Other
    $36,833
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $139,417
    Bonus
    $45,511
    Other
    $0
    Deferred
    $12,753
    Nontaxable benefits
    $24,080
    Filer's total
    $221,761

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Form 990 of other organizations
  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 5a · Pay contingent on this organization's revenues

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 5
JAMES MCVAY, MICHAEL SCHULZE, AND BLAKE GUTHRIE EACH RECEIVE A PORTION OF THEIR INCOME FROM COMMISSIONS BASED ON A PERCENTAGE OF VARIOUS SALES DOLLARS THEY GENERATED TO THE ORGANIZATION.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2022
Filed
28 September 2023
IRS schema version
2022v5.0
Source object
202342759349301814

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.