International Association Of Trampoline Parks Inc
- Assets
- $275.7k
- Revenue
- $272.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Etters, PA
- Founding
- Data as of
- 09/2023
- EIN
- 46-2732817
Organization Overview
International Association Of Trampoline Parks Inc, operating under the name Iatp, is located in Etters, PA. Iatp 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 09/2023, Iatp generated $272.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (6.4%) each year. All expenses for the organization totaled $447.3k during the year ending 09/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE SAFE OPERATIONS, FACILITATE COMMERCIAL SUCCESS AND STIMULATE GROWTH OF THE TRAMPOLINE PARK INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROMOTE SAFE OPERATIONS, FACILITATE COMMERCIAL SUCCESS, STIMULATE GROWTH OF THE TRAMPOLINE PARK INDUSTRY AND PROVIDE EDUCATION TO THE PUBLIC AND MEMERSHIP RELATING TO THE INDUSTRY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bron Launsby Board Member | Trustee | 1 | $0 |
Gina Elliott Board Member | Trustee | 2 | $0 |
Wayne Pierce General Counsel | Trustee | 1 | $0 |
Rodney Gerbers Board Member | Trustee | 1 | $0 |
Mike Revak Board Member | Trustee | 1 | $0 |
Rich Cook Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $88,681 |
| 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 | $88,681 |
| Total Program Service Revenue | $183,168 |
| Investment income | $39 |
| 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 | $749 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $272,637 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $2,500 |
| 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 | $237,216 |
| Fees for services: Legal | $8,423 |
| Fees for services: Accounting | $912 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $6,786 |
| Advertising and promotion | $801 |
| Office expenses | $7,791 |
| Information technology | $9,924 |
| Royalties | $0 |
| Occupancy | $1,776 |
| Travel | $2,222 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $158,468 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,725 |
| All other expenses | $198 |
| Total functional expenses | $447,323 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $36,340 |
| Savings and temporary cash investments | $186,175 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $37,370 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $6,500 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $9,284 |
| 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 | $275,669 |
| Accounts payable and accrued expenses | $100,017 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $250,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $350,017 |
| Net assets without donor restrictions | $0 |
| 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 | -$74,348 |
| Total liabilities and net assets/fund balances | $275,669 |