Form 990 for tax year 2022
Filed by UNITED STATES TABLE TENNIS ASSOCIATION.
Totals
- Total revenue
- $2,150,144
- Total expenses
- $2,043,975
- Contributions and grants received
- $579,882
- Grants paid
- $0
- Program service revenue
- $1,546,950
- Investment income
- $634
- Other revenue
- $22,678
- Total assets, end of year
- $739,779
- Total liabilities, end of year
- $366,658
- Net assets or fund balances, end of year
- $373,121
- Program services expenses (Part IX)
- $1,445,367
- Management and general expenses
- $585,133
- Fundraising expenses
- $13,475
- Program service expenses (Part III)
- $1,445,367
Program services were 70.7% 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.
-
1d · Related organizations
$50,000
-
1e · Government grants (contributions)
$61,607
-
1f · All other contributions, gifts and grants
$468,275
-
2a · Program service revenue: TOURNAMENTS, CAMPS & P
total $941,496 · related or exempt $941,496
-
2b · Program service revenue: MEMBERSHIP DUES
total $339,388 · related or exempt $339,388
-
2c · Program service revenue: CORPORATE SPONSORSHIPS
total $230,500 · related or exempt $230,500
-
2d · Program service revenue: SANCTION & EQUIPMENT F
total $35,566 · related or exempt $35,566
-
7a · Gross sales of assets other than inventory
other assets $634
-
7b · Less cost or other basis and sales expenses
other assets $0
-
7c · Gain or loss
other assets $634
-
7d · Net gain or loss
total $634 · excluded $634
-
11a · Other revenue: OTHER INCOME
total $12,075 · excluded $12,075
-
11b · Other revenue: ADVERTISING INCOME
total $10,603 · unrelated business $10,603
-
11e · Other revenue, total
$22,678
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $149,324 · program services $20,000 · management and general $129,324
-
7 · Other salaries and wages
total $171,626 · program services $22,201 · management and general $149,425
-
9 · Other employee benefits
total $22,793 · program services $4,928 · management and general $17,865
-
10 · Payroll taxes
total $22,590 · program services $3,477 · management and general $19,113
-
11b · Fees: legal
total $24,000 · program services $2,000 · management and general $22,000
-
11c · Fees: accounting
total $42,554 · program services $305 · management and general $42,249
-
11g · Fees: other
total $302,843 · program services $286,499 · management and general $16,344
-
13 · Office expenses
total $47,202 · program services $29,847 · management and general $17,355
-
14 · Information technology
total $7,906 · program services $17 · management and general $7,889
-
16 · Occupancy
total $25,544 · program services $270 · management and general $25,274
-
17 · Travel
total $695,827 · program services $648,965 · management and general $46,862
-
20 · Interest
total $4,372 · program services $247 · management and general $4,125
-
22 · Depreciation, depletion and amortization
total $2,490 · management and general $2,490
-
23 · Insurance
total $45,577 · program services $5,375 · management and general $40,202
-
24a · Other expenses: PRIZE MONEY
total $121,798 · program services $121,798
-
24b · Other expenses: OFFICIALS & CLASSIFIERS
total $79,357 · program services $79,357
-
24c · Other expenses: EQUIPMENT
total $55,796 · program services $55,796
-
24d · Other expenses: VOLUNTEERS/OPERATION/CO
total $42,222 · program services $42,222
-
24e · All other expenses
total $180,154 · program services $122,063 · management and general $44,616 · fundraising $13,475
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $547,317 · end of year $603,177
-
4 · Accounts receivable
beginning of year $155,000 · end of year $127,500
-
9 · Prepaid expenses and deferred charges
beginning of year $4,065 · end of year $6,185
-
10a · Land, buildings and equipment: cost or other basis
$23,855
-
10b · Land, buildings and equipment: accumulated depreciation
$20,938
-
10c · Land, buildings and equipment, net
beginning of year $11,110 · end of year $2,917
-
17 · Accounts payable and accrued expenses
beginning of year $272,117 · end of year $205,633
-
19 · Deferred revenue
beginning of year $28,523 · end of year $11,196
-
23 · Secured mortgages and notes payable
beginning of year $149,900 · end of year $149,829
-
27 · Net assets without donor restrictions
beginning of year $266,952 · end of year $373,121
Mission and programs · 2022
Mission
THE MISSION OF USATT IS TO SUPPORT, GROW AND INSPIRE THE TABLE TENNIS COMMUNITY, AND TO PROVIDE RESOURCES THAT ENABLE ATHLETES TO ACHIEVE SUSTAINED COMPETITIVE EXCELLENCE AND PURSUE OLYMPIC AND PARALYMPIC SUCCESS.
-
TOURNAMENTS - APPROX. 266 SANCTIONED TOURNAMENTS WERE HELD, U.S. OPEN, & U.S. NATIONALS.
Expenses $863,751 · Revenue $977,062
-
ATHLETE DEVELOPMENT - PROVIDE ATHLETES OF ALL AGES OPPORTUNITIES FOR INTERNATIONAL TRAINING AND COMPETITION.
Expenses $460,175 · Revenue $230,500
-
MEMBERSHIP SERVICES - PROVIDED SERVICES TO APPROX. 9,300 MEMBERS. PROVIDED A NATIONAL RATING SYSTEM. ADMINISTRATIVE SERVICES AND COACHING EDUCATION AND CERTIFICATION WERE PROVIDED TO NEW & RENEWING INDIVIDUALS AND CLUBS.
Expenses $121,441 · Revenue $339,388
As filed on the 2022 return.
Listed in Part VII
-
Richard CharRICHARD CHAR
CHAIR
- Total calculated
- $0
- Hours/week
- 5
-
Kelly WatsonKELLY WATSON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 5
-
Arjun ChowdriARJUN CHOWDRI
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 5
-
Tara ProfittTARA PROFITT
AAC CHAIR REPRESENTATIVE
- Total calculated
- $0
- Hours/week
- 5
-
Lily ZhangLILY ZHANG
ATHLETE REPRESENTATIVE
- Total calculated
- $0
- Hours/week
- 5
-
Will ShortzWILL SHORTZ
CLUB REPRESENTATIVE
- Total calculated
- $0
- Hours/week
- 5
-
Dan ReynoldsDAN REYNOLDS
AT-LARGE REPRESENTATIVE
- Total calculated
- $0
- Hours/week
- 5
-
Thomas HuTHOMAS HU
AT-LARGE REPRESENTATIVE
- Total calculated
- $0
- Hours/week
- 5
-
Brandon LawrenceBRANDON LAWRENCE
NATIONAL ORGANIZATION REPR
- Total calculated
- $0
- Hours/week
- 5
-
Nikhil KumarNIKHIL KUMAR
ATHLETE REPRESENTATIVE
- Total calculated
- $0
- Hours/week
- 5
-
Niraj OakNIRAJ OAK
ATHLETE REPRESENTATIVE
- Total calculated
- $0
- Hours/week
- 5
-
Tahl LeibovitzTAHL LEIBOVITZ
PARA ATHLETE REPRESENTATIVE
- Total calculated
- $0
- Hours/week
- 5
-
Virginia SungVIRGINIA SUNG
CEO
- Total calculated
- $149,324
- From this org
- $141,458
- From related orgs
- $0
- Other
- $7,866
- Hours/week
- 60
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.
-
UNITED STATES TABLE TENNIS FOUNDATION
501(C)(3) · FUNDRAISING FOR USTTA · IN
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 13 September 2023
- IRS schema version
- 2022v5.0
- Source object
- 202302589349300900
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