Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1b · Membership dues

  $4,863,239

• 2a · Program service revenue: Club Sanction Fees

  total $3,385,101 · related or exempt $3,385,101

• 2b · Program service revenue: North American Championships

  total $2,183,807 · related or exempt $2,183,807

• 2c · Program service revenue: Tournament Sanction Fees

  total $1,941,225 · related or exempt $1,941,225

• 2d · Program service revenue: Tournament Director Fees

  total $1,836,021 · related or exempt $1,836,021

• 2e · Program service revenue: Other Revenues

  total $174,706 · related or exempt $174,706

• 2f · All other program service revenue

  total $193,159 · related or exempt $193,159 · unrelated business $0 · excluded $0

• 3 · Investment income

  total $200,840 · excluded $200,840

• 5 · Royalties

  total $636,538 · excluded $636,538

• 6c · Rental income or loss

  real property $0 · personal property $0

• 7c · Gain or loss

  securities $0 · other assets $0

• 11a · Other revenue: Advertising

  total $341,023 · unrelated business $341,023

• 11d · All other revenue

  total $0 · related or exempt $0 · unrelated business $0 · excluded $0

• 11e · Other revenue, total

  $341,023

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $50,000 · program services $50,000

• 3 · Grants to foreign organizations and individuals

  total $25,000 · program services $25,000

• 5 · Compensation of officers, directors and key employees

  total $879,313 · program services $208,548 · management and general $670,765 · fundraising $0

• 7 · Other salaries and wages

  total $5,396,291 · program services $3,345,928 · management and general $2,050,363

• 8 · Pension plan contributions

  total $143,324 · program services $102,806 · management and general $40,518

• 9 · Other employee benefits

  total $739,980 · program services $344,197 · management and general $395,783

• 10 · Payroll taxes

  total $492,837 · program services $263,810 · management and general $229,027

• 11c · Fees: accounting

  total $105,445 · management and general $105,445

• 11g · Fees: other

  total $1,106,956 · program services $355,330 · management and general $751,626 · fundraising $0

• 12 · Advertising and promotion

  total $105,537 · program services $14,977 · management and general $90,560

• 13 · Office expenses

  total $76,236 · program services $41,489 · management and general $34,747

• 14 · Information technology

  total $533,152 · program services $3,418 · management and general $529,734

• 16 · Occupancy

  total $151,041 · program services $25,001 · management and general $126,040

• 17 · Travel

  total $1,432,894 · program services $1,012,782 · management and general $420,112

• 22 · Depreciation, depletion and amortization

  total $323,379 · program services $1,995 · management and general $321,384

• 23 · Insurance

  total $397,726 · management and general $397,726

• 24a · Other expenses: Other

  total $1,179,195 · program services $957,942 · management and general $221,253

• 24b · Other expenses: Printing

  total $928,163 · program services $883,074 · management and general $45,089

• 24c · Other expenses: Postage and Shipping

  total $668,350 · program services $583,567 · management and general $84,783

• 24d · Other expenses: Banking Fee

  total $453,682 · program services $270,427 · management and general $183,255

• 24e · All other expenses

  total $620,975 · program services $213,480 · management and general $407,495 · fundraising $0

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $4,041,164 · end of year $4,207,985

• 4 · Accounts receivable

  beginning of year $2,042,695 · end of year $1,652,250

• 5 · Loans and receivables from officers and key people

  beginning of year $0 · end of year $0

• 6 · Loans and receivables from disqualified persons

  end of year $0

• 7 · Other notes and loans receivable

  beginning of year $45,311 · end of year $18,609

• 9 · Prepaid expenses and deferred charges

  beginning of year $382,778 · end of year $492,545

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

  $9,999,447

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

  $5,771,373

• 10c · Land, buildings and equipment, net

  beginning of year $3,840,288 · end of year $4,228,074

• 11 · Investments: publicly traded securities

  beginning of year $7,164,654 · end of year $8,017,286

• 12 · Investments: other securities

  beginning of year $0

• 13 · Investments: program-related

  beginning of year $0

• 15 · Other assets

  beginning of year $0 · end of year $0

• 17 · Accounts payable and accrued expenses

  beginning of year $2,872,499 · end of year $2,534,969

• 19 · Deferred revenue

  beginning of year $5,648,883 · end of year $6,380,747

• 22 · Loans and payables to officers and key people

  end of year $0

• 25 · Other liabilities

  beginning of year $846,432 · end of year $946,506

• 27 · Net assets without donor restrictions

  beginning of year $8,027,922 · end of year $8,637,142

• 28 · Net assets with donor restrictions

  beginning of year $121,154 · end of year $117,385

The filer's explanations (Part III)

Schedule J, Part I, Line 1a Travel for companions

TRAVEL EXPENSES ARE PAID FOR SPOUSE TO ACCOMPANY CEO TO BRIDGE TOURNAMENTS AND GROSSED UP FOR TAX PURPOSES.

Schedule J, Part I, Line 1a Tax indemnification and gross-up payments

EXECUTIVE AND NON-EXECUTIVE BONUSES ARE GROSSED UP.

Schedule J, Part I, Line 4a Severance or change-of-control payment

JOSEPH JAMES - $417,497 PEYTON DODSON - $18,801 JOSHUA RESTUCCIO - $54,898