USA Badminton FY2022 filing

Tax-deductible

Colorado Springs, CO501(c)(3)Recreation & SportsEIN 84-1474714Revenue $1.1M in FY2022

On file with the IRSusabadminton.org1 Olympic Plz, 80909-5780 · Colorado Springs, COTax-exempt since Apr 1999Publicly supported charity — 170(b)(1)(A)(vi)

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To foster the growth of Badminton from the grassroots level to the olympic podium.

501(c)(3) charity; gifts are tax-deductible.
63¢ of each $1 spent went to programs.
$121K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 6
filings with a surplus
Average deficit $56K a year · 5% of revenue · last 6 filings
Concern: a surplus in 2 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
63%
of spending
Worth a look: 63% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$121K
to officers and key staff · 10% of spending
Looks good: pay to officers and key staff is 10% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
4 mo
of spending, in cash
Looks good: 3.9 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $149K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$248K
60% of total assets
Fine: liabilities are 60% of assets; 50% to 65%.
Pt X · Ln 26
Independent board members
12
of 12 voting members
Looks good: 12 of 12 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.1M
+68% vs prior year
Spent
$1.2M
To programs
63%
Net assets
$169K
By yearFY2019–FY2024
Revenue
$1.1M
FY2022▲ +68%
Tap a bar for its year
Revenue by fiscal year
FY2019$1000K
FY2020$375K
FY2021$654K
FY2022$1.1M
FY2023$2.2M
FY2024$1.8M
Expenses
$1.2M
FY2022▲ +114%
Tap a bar for its year
Expenses by fiscal year
FY2019$1.0M
FY2020$499K
FY2021$558K
FY2022$1.2M
FY2023$2.1M
FY2024$2.1M
Net assets
$169K
FY2022▼ -37%
Tap a bar for its year
Net assets by fiscal year
FY2019$195K
FY2020$71K
FY2021$266K
FY2022$169K
FY2023$262K
FY2024−$31K

From the FY2022 Form 990 · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Apr 1999.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

63 cents of each dollar spent went to programs.

Program services 63% · $752K Management & general 37% · $442K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

13 people listed on the 990; $121K paid to officers and key staff.

Part VII, Section A · reportable compensation
CEO/Secretary General
$120,983Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Jim Estes 1524 to 7232024’s $80K as Interim CEO is at the 22nd percentile of top reported officer pay among 1842 $1–10M recreation & sports nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 5 named individuals · Part VII

NameFY2024FY2023FY2022FY2019
Linda French—$122,000$120,983—
Jeff Dyrek———$105,296
Jim Estes 1524 to 7232024$80,338———
John Ruger Beginning 7232024$52,769———
Linda French Through 152024$19,160———

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Develops badminton players from beginner to Olympic levels.

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Provided by the organization

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3 programs · $752K · in their own filed words · FY2022
01

Elite Athletes and Coaching

Promotion of athlete qualifications in major international competitions.

$462Kprogram expense
02

Athlete Development

Promotion of programs to increase the awareness and knowledge of the sport of badminton and para-badminton in the united states.

$211Kprogram expense
03

Membership

Approximately 3,000 members receive the organization's member services.

$79Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 3 funders →

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$1.1M
Ln 12
Fees for servicesLn 2g$799K
Gifts and grantsLn 1h$283K
Other incomeLn 4–11$14K
Money outPt IX
$1.2M
Ln 25
Programscol B$752K
Managementcol C$442K
Owns and owesPt X
$169K
net assets · Ln 32
Cash and savingsLn 1–2$391K
Total assetsLn 16$417K
LiabilitiesLn 26$248K
PeoplePt VI, VII
13
listed · VII A
PaidVII A1
Voting boardVI 1a12
IndependentVI 1b12
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$283K
Noncash giftsLn 1g$9K
Fees for servicesLn 2g$799K
Investment incomeLn 3$108
Other incomeLn 4–11$14K
Total revenueLn 12$1.1M
Assets in detailPt X, end of year
CashLn 1$391K
Cash and savings togetherLn 1–2$391K
Land, buildings, equipmentLn 10c$14K
Other assetsLn 15$500
Total assetsLn 16$417K
LiabilitiesLn 26$248K
Net assetsLn 32$169K
OperationsPt I, VI
EmployeesI 58
VolunteersI 650
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$352K$391K
Land, buildings, equipmentLn 10c$7K$14K
Total assetsLn 16$366K$417K
LiabilitiesLn 26$100K$248K
Net assetsLn 32$266K$169K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$128K$50K$78K
Other salaries and wagesLn 7$200K$78K$122K
Other employee benefitsLn 9$4K$1K$2K
Payroll taxesLn 10$25K$10K$15K
Legal feesLn 11b$58K$58K
Accounting feesLn 11c$30K$30K
Other fees for servicesLn 11g$5K$5K
Advertising and promotionLn 12$9K$9K
Office expensesLn 13$7K$7K
OccupancyLn 16$962$962
TravelLn 17$111K$43K$68K
Depreciation, depletion and amortizationLn 22$3K$3K
InsuranceLn 23$4K$2K$2K
Other expenses (24a–d)Ln 24$610K$559K$51K
Total functional expensesLn 25$1.2M$752K$442K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $1.8M$2.1M−$293K−$31K 990 PDF
FY2023 $2.2M$2.1M$93K$262K 990 PDF
FY2022 Viewing $1.1M$1.2M−$98K$169K 990 PDF
FY2021 $654K$558K$96K$266K 990 PDF
FY2020 $375K$499K−$124K$71K 990 PDF
FY2019 $1000K$1.0M−$9K$195K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2022 990 (6 parts)
Part I · Summary $1,095,981 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $256,827$282,568
I-9 Program service revenuePrior year $295,658$799,453
I-10 Investment incomePrior year $409$108
I-11 Other revenuePrior year $100,997$13,852
I-12 Total revenuePrior year $653,891$1,095,981
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $253,871$356,529
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $304,331$836,989
I-18 Total expensesPrior year $558,202$1,193,518
I-19 Revenue less expensesPrior year $95,689−$97,537
Part VI · Governance 12 of 12 board members independent, 2 to look at
VI-1a Voting members of the governing body12
VI-1b Independent voting members12
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $1,095,981 across 7 lines filed
VIII-1f All other contributions, gifts and grants$282,568
VIII-1g Noncash contributions (included above)$8,640
VIII-1h Total contributions, gifts and grants$282,568
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $799,453$799,453
VIII-3 Investment incomeExcluded from tax $108$108
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $13,852$13,852
VIII-12 Total revenueRelated to mission $799,453 · Unrelated business $0 · Excluded from tax $13,960$1,095,981
Part IX · Statement of functional expenses $1,193,518 across 14 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $49,913 · Management $78,070$127,983
IX-7 Other salaries and wagesPrograms $77,984 · Management $121,974$199,958
IX-9 Other employee benefitsPrograms $1,422 · Management $2,225$3,647
IX-10 Payroll taxesPrograms $9,727 · Management $15,214$24,941
IX-11b Legal feesManagement $57,597$57,597
IX-11c Accounting feesManagement $29,725$29,725
IX-11g Other fees for servicesManagement $4,668$4,668
IX-12 Advertising and promotionPrograms $9,211$9,211
IX-13 Office expensesManagement $6,920$6,920
IX-16 OccupancyManagement $962$962
IX-17 TravelPrograms $43,284 · Management $67,701$110,985
IX-22 Depreciation, depletion and amortizationManagement $3,124$3,124
IX-23 InsurancePrograms $1,516 · Management $2,370$3,886
IX-24 Other expenses (24a–d)Programs $558,615 · Management $51,296$609,911
IX-25 Total functional expensesPrograms $751,672 · Management $441,846 · Fundraising $0$1,193,518
Part X · Balance sheet $416,571 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $351,542$390,606
X-4 Accounts receivable$1,623
X-9 Prepaid expenses and deferred chargesStart of year $7,642$9,936
X-10c Land, buildings and equipment, netStart of year $6,661$13,906
X-15 Other assetsStart of year $0$500
X-16 Total assetsStart of year $365,845$416,571
X-17 Accounts payable and accrued expensesStart of year $18,666$106,657
X-19 Deferred revenueStart of year $46,372$141,224
X-25 Other liabilitiesStart of year $34,580$0
X-26 Total liabilitiesStart of year $99,618$247,881
X-27 Net assets without donor restrictionsStart of year $266,227$145,190
X-28 Net assets with donor restrictions$23,500
X-32 Total net assets or fund balancesStart of year $266,227$168,690
X-33 Total liabilities and net assetsStart of year $365,845$416,571
Part XI · Reconciliation of net assets $168,690 net assets at year end
XI-1 Total revenue$1,095,981
XI-2 Total expenses$1,193,518
XI-3 Revenue less expenses−$97,537
XI-4 Net assets at start of year$266,227
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$168,690

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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