Form 990 for tax year 2023
Filed by USTA MONTGOMERY COUNTY TENNIS ASSOCIATION INC.
Totals
- Total revenue
- $570,476
- Total expenses
- $579,765
- Contributions and grants received
- $0
- Grants paid
- $7,000
- Program service revenue
- $565,080
- Investment income
- $226
- Other revenue
- $5,170
- Total assets, end of year
- $295,675
- Total liabilities, end of year
- $108,516
- Net assets or fund balances, end of year
- $187,159
- Program services expenses (Part IX)
- $566,660
- Management and general expenses
- $13,105
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $566,660
Program services were 97.7% 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: League Tennis
total $459,759 · related or exempt $459,559 · excluded $200
-
2b · Program service revenue: Junior Team Tennis
total $57,955 · related or exempt $57,955
-
2c · Program service revenue: Tournament Tennis
total $31,152 · related or exempt $31,152
-
2d · Program service revenue: Yo-Pro
total $16,214 · related or exempt $16,214
-
3 · Investment income
total $226 · excluded $226
-
11a · Other revenue: Free Agent
total $5,170 · related or exempt $5,170
-
11e · Other revenue, total
$5,170
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $7,000 · program services $7,000
-
5 · Compensation of officers, directors and key employees
total $91,761 · program services $91,761
-
7 · Other salaries and wages
total $26,010 · program services $26,010
-
10 · Payroll taxes
total $10,114 · program services $10,114
-
11b · Fees: legal
total $8,410 · management and general $8,410
-
11g · Fees: other
total $1,532 · management and general $1,532
-
12 · Advertising and promotion
total $1,422 · management and general $1,422
-
13 · Office expenses
total $1,741 · management and general $1,741
-
19 · Conferences, conventions and meetings
total $7,875 · program services $7,875
-
23 · Insurance
total $1,253 · program services $1,253
-
24a · Other expenses: League Expenses
total $403,682 · program services $403,682
-
24b · Other expenses: Bank Fees
total $9,674 · program services $9,674
-
24c · Other expenses: Clothing & Discretionar
total $5,965 · program services $5,965
-
24d · Other expenses: Storage Expense
total $1,192 · program services $1,192
-
24e · All other expenses
total $2,134 · program services $2,134
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $105,027 · end of year $78,837
-
2 · Savings and temporary cash investments
beginning of year $100,695 · end of year $150,836
-
4 · Accounts receivable
beginning of year $3,172 · end of year $66,002
-
9 · Prepaid expenses and deferred charges
beginning of year $1,250 · end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $13,696 · end of year $42,341
-
19 · Deferred revenue
beginning of year $0 · end of year $51,255
-
25 · Other liabilities
beginning of year $0 · end of year $14,920
-
27 · Net assets without donor restrictions
beginning of year $196,448 · end of year $187,159
Mission and programs · 2023
Mission
Serving Montgomery County, Maryland, the Montgomery County Tennis Association (MCTA) was founded in 1996 to promote tennis in our area. Since its inception, MCTA has grown to be the largest USTA Community Tennis Association in Maryland. See Schedule O for Continuation.
Activities or mission (Part I)
To promote the growth and development of tennis in Montgomery County.
-
League Tennis: Serves more than 6,000 league players with year-round league programs, including both USTA and WTT formats.
Expenses $342,720 · Revenue $459,559
-
Junior Team Tennis: Serves more than 570 Junior Team Tennis players through recreational, competitive tennis for players age 8 - 18 played as a team sport. JTT can take several forms - at MCTA JTT is played on weekends on courts throughout Montgomery County across 3 seasons. Teams typically consist of at least 6 players; matches play 2 singles and 1 doubles court, concurrently.
Expenses $34,592 · Revenue $57,955
-
Tournaments:Support competitive tennis tournament for more than 300 youth and adult tournament players at 3 sanctioned tournament a year (2 adult and 1 youth tournament).
Expenses $26,369 · Revenue $31,152
-
Other programs include grants to Montgomery County Tennis and Education Foundation, Community Tennis, and USTA's 10-and-under tennis initiative that introduces children to tennis using courts and equipment re-sized to be age-appropriate.
Expenses $162,979 · Grants $7,000 · Revenue $21,384
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
David Lee
President
- Total calculated
- $10,000
- From this org
- $10,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 5
-
Tara Jakubik
1st Vice President
- Total calculated
- $0
- Hours/week
- 5
-
Marco Impleduglia
2nd Vice President
- Total calculated
- $0
- Hours/week
- 5
-
Laura McInerney
Treasurer
- Total calculated
- $0
- Hours/week
- 5
-
Lucy Wang
Secretary
- Total calculated
- $0
- Hours/week
- 5
-
Alan Klein
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Dao Vissering
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Hyon Yoo
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Karen Rabin
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Nancy Trimble
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Michael Mahaney
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Mehrban Iranshad
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Matthew Kishiyama
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Sol Lopez
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Roger Fox
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Natash Moulton-Levy
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Hayley E Brick
Executive Director
- Total calculated
- $81,761
- From this org
- $81,761
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
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
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
Montgomery County Tennis and Education Foundation Inc
501(c)(3) · Education/ Promotion of Tennis · MD
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 24 September 2024
- IRS schema version
- 2023v5.1
- Source object
- 202442689349300539
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