American Contract Bridge League Inc is located in Horn Lake, MS. The organization was established in 1944. According to its NTEE Classification (N63) the organization is classified as: Baseball & Softball, under the broad grouping of Recreation & Sports and related organizations. As of 12/2021, American Contract Bridge League Inc employed 152 individuals. This organization is the central organization for a national or regional group of organizations. American Contract Bridge League Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2021, American Contract Bridge League Inc generated $15.3m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $13.3m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.9%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE, GROW, AND SUSTAIN THE GAME OF BRIDGE AND SERVE THE BRIDGE-RELATED INTERESTS OF OUR MEMBERS
Describe the Organization's Program Activity:
Part 3 - Line 4a
SANCTIONING OF TOURNAMENTS THROUGHOUT NORTH AMERICA
NORTH AMERICAN BRIDGE CHAMPIONSHIPS
PUBLICATION OF THE "BRIDGE BULLETIN" MAGAZINE
EDUCATIONAL PROGRAMS AND CLUB MEMBER SERVICES
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Joseph Jones Executive Director | Officer | 40 | $324,932 |
Peyton Dodson CFO | Officer | 40 | $195,294 |
Linda Dunn In-House Counsel | Officer | 40 | $178,593 |
Susie Cordell Director Of Information Te | Officer | 40 | $173,731 |
Mary Stratton Employee | 40 | $158,749 | |
Greg Coles Employee | 40 | $144,908 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Littler Mendelson Pc Legal Services | 12/30/20 | $209,084 |
Conference Direct Travel Services | 12/30/20 | $110,944 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $5,410,195 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $5,410,195 |
Total Program Service Revenue | $9,084,396 |
Investment income | $163,036 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $555,803 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $15,337,801 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $50,000 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $25,000 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $1,044,447 |
Compensation of current officers, directors, key employees. | $766,562 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $4,855,409 |
Pension plan accruals and contributions | $170,468 |
Other employee benefits | $776,454 |
Payroll taxes | $413,602 |
Fees for services: Management | $0 |
Fees for services: Legal | $379,004 |
Fees for services: Accounting | $48,107 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $1,226,199 |
Advertising and promotion | $53,990 |
Office expenses | $90,908 |
Information technology | $368,769 |
Royalties | $0 |
Occupancy | $201,874 |
Travel | $388,162 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $110 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $314,942 |
Insurance | $355,108 |
All other expenses | $565,653 |
Total functional expenses | $13,340,159 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $5,524,707 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $1,912,098 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $3,610 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $422,471 |
Net Land, buildings, and equipment | $3,520,695 |
Investments—publicly traded securities | $8,131,213 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $19,514,794 |
Accounts payable and accrued expenses | $2,506,248 |
Grants payable | $0 |
Deferred revenue | $6,102,562 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $806,052 |
Total liabilities | $9,414,862 |
Net assets without donor restrictions | $9,920,944 |
Net assets with donor restrictions | $178,988 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $19,514,794 |
Over the last fiscal year, we have identified 1 grants that American Contract Bridge League Inc has recieved totaling $12,000.
Awarding Organization | Amount |
---|---|
American Contract Bridge League Educational Foundation Horn Lake, MS PURPOSE: DIGITAL TEACHING WORKSHOP | $12,000 |
Organization Name | Assets | Revenue |
---|---|---|
American Contract Bridge League Inc Horn Lake, MS | $19,514,794 | $15,337,801 |
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