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Nonprofiteer
← SOUTHERN TENNIS ASSOCIATION INC

Form 990 for tax year 2022

Filed by SOUTHERN TENNIS ASSOCIATION INC.

Totals

Total revenue
$13,561,876
Total expenses
$13,229,290
Contributions and grants received
$10,321,050
Grants paid
$7,833,152
Program service revenue
$2,842,446
Investment income
$367,954
Other revenue
$30,426
Total assets, end of year
$23,839,838
Total liabilities, end of year
$1,462,921
Net assets or fund balances, end of year
$22,376,917
Program services expenses (Part IX)
$11,246,998
Management and general expenses
$1,982,292
Fundraising expenses
$0
Program service expenses (Part III)
$11,246,998

Program services were 85.0% 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

    $10,321,050

  • 2a · Program service revenue: MEMBERSHIP DUES

    total $2,409,532 · related or exempt $2,409,532

  • 2b · Program service revenue: SECTIONAL LEAGUE CHAMPIOINSHIP FE

    total $219,916 · related or exempt $219,916

  • 2c · Program service revenue: SPONSORSHIPS

    total $153,174 · related or exempt $153,174

  • 2d · Program service revenue: TOURNAMENT SANCTION FEES

    total $59,824 · related or exempt $59,824

  • 3 · Investment income

    total $415,160 · excluded $415,160

  • 7a · Gross sales of assets other than inventory

    securities $4,179,639 · other assets $37,316

  • 7b · Less cost or other basis and sales expenses

    securities $4,220,630 · other assets $43,531

  • 7c · Gain or loss

    securities -$40,991 · other assets -$6,215

  • 7d · Net gain or loss

    total -$47,206 · excluded -$47,206

  • 10a · Gross sales of inventory

    $109,802

  • 10b · Cost of goods sold

    $79,700

  • 10c · Net income from sales of inventory

    total $30,102 · related or exempt $30,102

  • 11a · Other revenue: MISCELLANEOUS INCOME

    total $324 · related or exempt $324

  • 11e · Other revenue, total

    $324

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $7,833,152 · program services $7,833,152

  • 5 · Compensation of officers, directors and key employees

    total $270,542 · program services $176,167 · management and general $94,375

  • 7 · Other salaries and wages

    total $2,184,998 · program services $1,422,788 · management and general $762,210

  • 8 · Pension plan contributions

    total $229,893 · program services $148,613 · management and general $81,280

  • 9 · Other employee benefits

    total $280,958 · program services $181,623 · management and general $99,335

  • 10 · Payroll taxes

    total $182,379 · program services $117,898 · management and general $64,481

  • 11b · Fees: legal

    total $7,081 · management and general $7,081

  • 11c · Fees: accounting

    total $23,000 · management and general $23,000

  • 11f · Fees: investment management

    total $55,272 · program services $55,272

  • 11g · Fees: other

    total $12,175 · management and general $12,175

  • 12 · Advertising and promotion

    total $370,083 · program services $94,513 · management and general $275,570

  • 13 · Office expenses

    total $54,869 · program services $14,472 · management and general $40,397

  • 14 · Information technology

    total $75,130 · program services $48,727 · management and general $26,403

  • 16 · Occupancy

    total $76,554 · program services $42,908 · management and general $33,646

  • 17 · Travel

    total $314,596 · program services $229,969 · management and general $84,627

  • 19 · Conferences, conventions and meetings

    total $539,256 · program services $188,081 · management and general $351,175

  • 22 · Depreciation, depletion and amortization

    total $54,982 · program services $35,660 · management and general $19,322

  • 23 · Insurance

    total $20,530 · program services $13,315 · management and general $7,215

  • 24a · Other expenses: EVENTS

    total $643,840 · program services $643,840

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $120 · end of year $888

  • 2 · Savings and temporary cash investments

    beginning of year $7,159,909 · end of year $7,567,473

  • 4 · Accounts receivable

    beginning of year $249,035 · end of year $296,897

  • 8 · Inventories for sale or use

    beginning of year $8,401 · end of year $13,156

  • 9 · Prepaid expenses and deferred charges

    beginning of year $3,682 · end of year $4,276

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

    $1,615,786

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

    $838,007

  • 10c · Land, buildings and equipment, net

    beginning of year $826,996 · end of year $777,779

  • 11 · Investments: publicly traded securities

    beginning of year $16,686,797 · end of year $13,554,474

  • 12 · Investments: other securities

    beginning of year $272,119 · end of year $521,373

  • 15 · Other assets

    beginning of year $1,868,122 · end of year $1,103,522

  • 17 · Accounts payable and accrued expenses

    beginning of year $230,073 · end of year $259,399

  • 25 · Other liabilities

    beginning of year $1,868,122 · end of year $1,203,522

  • 27 · Net assets without donor restrictions

    beginning of year $24,976,986 · end of year $22,376,917

Mission and programs · 2022

Mission

TO PROMOTE THE DEVELOPMENT OF TENNIS AS A MEANS OF HEALTHFUL RECREATION AND PHYSICAL FITNESS, AS WELL AS, TO ESTABLISH AND MAINTAIN RULES OF FAIR PLAY AND HIGH STANDARDS OF SPORTSMANSHIP.

Activities or mission (Part I)

TO PROMOTE AND DEVELOP THE GROWTH OF TENNIS

  • DISTRIBUTIONS OF GRANTS AND ALLOCATIONS - COSTS TO HANDLE MAINTENANCE & RECORDS. SUBMITTING OF DEPOSITS AND DISTRIBUTING FUNDS TO 9 STATES & COMMUNITY ASSOCIATIONS.

    Expenses $9,256,285 · Grants $7,833,152 · Revenue $2,593,132

  • JUNIOR DEVELOPMENT PROGRAM - PLAN AND SUPERVISE ALL JR ACTIVITIES FOR 200,000 PLAYERS, INCLUDING STA BOYS & GIRLS TEAMS, ENTRY FEES & ENDORSEMENT PROCEDURES.

    Expenses $1,086,797 · Revenue $59,824

  • ADULT PROGRAM - SUPERVISION, CONDUCT OF SECTIONWIDE ADULT PROGRAM ACTIVITIES INCLUDING LEAGUE PLAY, SENIOR RECREATION, ADULT RANKING, & ADULT RECREATION.

    Expenses $884,384 · Revenue $219,916

  • ANNUAL YEARBOOK PROMOTING TENNIS BOTH INSIDE THE MEMBERSHIP AND EXTERNALLY TO THE PUBLIC, BY COMMUNICATING THE HEALTHFUL BENEFITS OF PLAYING TENNIS.

    Expenses $19,532

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

Listed in Part VII

  • Randy Jackson

    PRESIDENT & CEO

    Total calculated
    $0
    Hours/week
    25

  • Brett Schwartz

    EXECUTIVE VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Drew Meyers

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Ted Reese

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Bill McGugin

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Donna Gast

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • John Herring

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Ernie James

    DIRECTOR-AT-LARGE

    Total calculated
    $0
    Hours/week
    1

  • Ashley Massengale

    DIRECTOR-AT-LARGE

    Total calculated
    $0
    Hours/week
    1

  • Bonnie Vandegrift

    USTA DELEGATE

    Total calculated
    $0
    Hours/week
    1

  • Matthew Olson

    EXECUTIVE DIRECTOR & COO

    Total calculated
    $221,281
    From this org
    $191,954
    From related orgs
    $0
    Other
    $29,327
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $179,954
    Bonus
    $12,000
    Other
    $0
    Deferred
    $19,315
    Nontaxable benefits
    $10,012
    Filer's total
    $221,281

  • John Callen

    E/D & COO (FORMER)

    Total calculated
    $394,755
    From this org
    $78,589
    From related orgs
    $0
    Other
    $316,166
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $38,589
    Bonus
    $40,000
    Other
    $0
    Deferred
    $315,770
    Nontaxable benefits
    $396
    Filer's total
    $394,755

  • Christopher Walling

    ADULT TENNIS/HR DIRECTOR

    Total calculated
    $162,944
    From this org
    $133,875
    From related orgs
    $0
    Other
    $29,069
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $123,875
    Bonus
    $10,000
    Other
    $0
    Deferred
    $13,588
    Nontaxable benefits
    $15,481
    Filer's total
    $162,944

  • Haldor Regi

    IT DIRECTOR

    Total calculated
    $133,917
    From this org
    $120,874
    From related orgs
    $0
    Other
    $13,043
    Hours/week
    40

  • Andrew Feldman

    COMMUNITY TENNIS DIRECTOR

    Total calculated
    $141,966
    From this org
    $117,070
    From related orgs
    $0
    Other
    $24,896
    Hours/week
    40

  • Maria Cercone

    DIR. OF JR. TENNIS DEV

    Total calculated
    $132,260
    From this org
    $109,077
    From related orgs
    $0
    Other
    $23,183
    Hours/week
    40

  • William Dopp

    DIRECTOR OF TSR'S

    Total calculated
    $126,660
    From this org
    $102,290
    From related orgs
    $0
    Other
    $24,370
    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. 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

  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Approval by the board or compensation committee
  • 7 · Other non-fixed payments

Answered no

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

The filer's explanations (Part III)

PART I, LINE 7
THE ORGANIZATION PROVIDED BONUSES TO QUALIFIED OFFICERS AND HIGHEST COMPENSATED EMPLOYEES THAT ARE NON-FIXED AND VARY YEAR OVER YEAR.

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.

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.

Provenance

Return type
form_990
Tax year
2022
Filed
10 November 2023
IRS schema version
2022v5.0
Source object
202313189349308946

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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