Form 990 for tax year 2022

1c · Fundraising events

$10,610

1f · All other contributions, gifts and grants

$881,710

2a · Program service revenue: TOURNAMENT REVENUE

total $90,315 · related or exempt $90,315

2b · Program service revenue: REIMBURSED EXPENSES

total $73,515 · related or exempt $73,515

2c · Program service revenue: MANAGEMENT FEE REVENUE

total $24,000 · related or exempt $24,000

2d · Program service revenue: SPONSORSHIP REVENUE

total $8,750 · excluded $8,750

3 · Investment income

total $35,091 · excluded $35,091

6a · Gross rents

real property $25,152

6b · Less rental expenses

real property $4,417

6c · Rental income or loss

real property $20,735

6d · Net rental income or loss

total $20,735 · unrelated business $14,811 · excluded $5,924

7a · Gross sales of assets other than inventory

securities $535,995

7b · Less cost or other basis and sales expenses

securities $629,599

7c · Gain or loss

securities -$93,604

7d · Net gain or loss

total -$93,604 · excluded -$93,604

8a · Fundraising events: gross income

$45,390

8a · Fundraising events: contributions included on line 1c

$10,610

8b · Fundraising events: direct expenses

$56,081

8c · Net income from fundraising events

total -$10,691 · excluded -$10,691

1 · Grants to domestic organizations and governments

total $469,925 · program services $469,925

2 · Grants to domestic individuals

total $32,000 · program services $32,000

11c · Fees: accounting

total $29,652 · management and general $29,652

11f · Fees: investment management

total $18,876 · management and general $18,876

11g · Fees: other

total $45,988 · program services $37,963 · management and general $8,025

12 · Advertising and promotion

total $19,544 · management and general $19,544

13 · Office expenses

total $8,677 · program services $2,169 · management and general $6,508

16 · Occupancy

total $13,836 · program services $5,534 · management and general $8,302

17 · Travel

total $7,196 · program services $7,196

22 · Depreciation, depletion and amortization

total $5,640 · program services $4,230 · management and general $1,410

23 · Insurance

total $24,575 · management and general $24,575

24a · Other expenses: CONTRACT LABOR

total $251,789 · program services $218,652 · management and general $22,091 · fundraising $11,046

24b · Other expenses: EQUIPMENT RENTAL AND MA

total $54,137 · program services $17,846 · management and general $34,869 · fundraising $1,422

24c · Other expenses: TOURNAMENT PRIZES

total $44,179 · program services $44,179

24d · Other expenses: TOURNAMENT OPERATIONS

total $38,810 · program services $31,048 · management and general $7,762

24e · All other expenses

total $48,322 · program services $12,195 · management and general $36,127

1 · Cash, non-interest-bearing

beginning of year $72,974 · end of year $47,439

2 · Savings and temporary cash investments

beginning of year $438,361 · end of year $250,602

3 · Pledges and grants receivable

beginning of year $23,400

4 · Accounts receivable

beginning of year $480 · end of year $88,503

9 · Prepaid expenses and deferred charges

beginning of year $50,000

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

$720,941

10b · Land, buildings and equipment: accumulated depreciation

$166,788

10c · Land, buildings and equipment, net

beginning of year $0 · end of year $554,153

11 · Investments: publicly traded securities

beginning of year $1,432,291 · end of year $1,461,167

15 · Other assets

beginning of year $0 · end of year $1,295

17 · Accounts payable and accrued expenses

beginning of year $11,326 · end of year $86,726

19 · Deferred revenue

beginning of year $28,595 · end of year $94,110

23 · Secured mortgages and notes payable

end of year $250,000

25 · Other liabilities

beginning of year $54,171 · end of year $149,147

27 · Net assets without donor restrictions

beginning of year $1,923,414 · end of year $507,206

28 · Net assets with donor restrictions

end of year $1,315,970