Womens Professional Billiard Assoc Inc
- Assets
- $89.1k
- Revenue
- $12.8k
- Investments
- $0.0
- Employees
- 0
- Location
- San Marcus, TX
- Founding
- 09/1989
- Data as of
- 12/2020
- EIN
- 39-1629343
Organization Overview
Womens Professional Billiard Assoc Inc is located in San Marcus, TX. The organization was established in 1989. According to its NTEE Classification (N03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Womens Professional Billiard Assoc Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2020, Womens Professional Billiard Assoc Inc generated $12.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (34.0%) each year. All expenses for the organization totaled $20.7k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (27.3%) per year over the past 6 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE INTEREST IN WOMENS BILLIARDS BY ARRANGING AND PROMOTING SANCTIONED BILLIARDS
Describe the Organization's Program Activity:
Part 3 - Line 4a
SPONSORSHIP FUNDS: THESE FUNDS COME FROM VARIOUS BILLIARD INDUSTRY ENTITIES THAT ARE NECESSARY TO PROMOTE AND HOST WPBA SANCTIONED BILLIARDS TOURNAMENTS AND SUPPORT ORGANIZATIONAL EFFORTS: SEVEN TOURNAMENTS WERE SANCTIONED AND HOSTED INCLUDING SEVERAL HOURS OF TELEVISION PROGRAMING
ENTRY FEES: EACH ATHLETE WHO PARTICIPATES IN A WPBA SANCTIONED BILLIARDS TOURNAMENT PAYS AN ENTRY FEE IN ORDER TO PARTICIPATE; ALL OF THESE FUNDS GO BACK TO THE PARTICIPANTS AS PRIZE MONEY; SEVERAL TOURNAMENTS WERE SANCTIONED AND HOSTED AND INCLUDED FROM 40 TO 48 PARTICIPANTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dean Roeseler President | OfficerTrustee | 10 | $0 |
Sharon Rice-Hicks Vice President | Trustee | 10 | $0 |
Renee Lyle At-Large Member | Trustee | 5 | $0 |
John Lewis Secretary | Trustee | 10 | $0 |
Loreejon Hasson Treasurer | Trustee | 10 | $0 |
Patrick Peters Board Member | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $12,825 |
| 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 | $12,825 |
| Total Program Service Revenue | $0 |
| Investment income | $11 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| 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 | $12,836 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $6,600 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,000 |
| Advertising and promotion | $0 |
| Office expenses | $311 |
| Information technology | $96 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $4,199 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,498 |
| All other expenses | $255 |
| Total functional expenses | $20,747 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $12,332 |
| Savings and temporary cash investments | $60,517 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $10,250 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $5,984 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $89,083 |
| Accounts payable and accrued expenses | $14,905 |
| Grants payable | $0 |
| Deferred revenue | $7,750 |
| 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 | $0 |
| Total liabilities | $22,655 |
| Net assets without donor restrictions | $66,428 |
| Net assets with donor restrictions | $0 |
| 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 | $89,083 |
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