UNITED STATES TABLE TENNIS ASSOCIATION

EIN: 516016365 501(c)(3)

COLORADO SPRINGS, CO

Total Revenue
$2,822,470
Total Expenses
$2,513,414
Total Assets
$1,128,527
Net Assets
$682,177
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1934
Legal Domicile
IL
Principal Officer
VIRGINIA SUNG
Phone
7198664583
Tax Period
2023-01-01 to 2023-12-31

UNITED STATES TABLE TENNIS ASSOCIATION, founded in 1934, is a community nonprofit that reported $2.8M in total revenue in fiscal year 2023. Revenue surged 31% from the prior year, signaling strong growth momentum. Expenses of $2.5M left a modest 11% surplus.

Mission

THE MISSION OF USATT IS TO SUPPORT, GROW AND INSPIRE THE TABLE TENNIS COMMUNITY, AND TO PROVIDE RESOURCES THAT ENABLE ATHLETES TO ACHIEVE SUSTAINED COMPETITIVE EXCELLENCE AND PURSUE OLYMPIC AND PARALYMPIC SUCCESS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $591,895
Program Service Revenue $2,195,383
Investment Income $0
Other Revenue $35,192
TOTAL REVENUE $2,822,470

Expense Breakdown

Grants Paid $0
Salaries & Benefits $399,974
Fundraising Expenses $44,677
Program Expenses $1,789,848
Other Expenses $2,113,440
TOTAL EXPENSES $2,513,414

Year-over-Year Comparison

2023 2022 Change
Revenue $2,822,470 $2,150,144 +0.3%
Expenses $2,513,414 $2,043,975 +0.2%
Net Income $309,056 $106,169 +1.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Governance

Voting Members
12
Independent Members
12
Employees
4
Volunteers
20

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$160,363
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RICHARD CHAR CHAIR 5.00
Officer Director
$0 $0 $0
KELLY WATSON BOARD MEMBER 5.00
Director
$0 $0 $0
ARJUN CHOWDRI BOARD MEMBER 5.00
Director
$0 $0 $0
TARA PROFITT AAC CHAIR REPRESENTATIVE 5.00
Director
$0 $0 $0
LILY ZHANG ATHLETE REPRESENTATIVE 5.00
Director
$0 $0 $0
WILL SHORTZ CLUB REPRESENTATIVE 5.00
Director
$0 $0 $0
DAN REYNOLDS AT-LARGE REPRESENTATIVE 5.00
Director
$0 $0 $0
THOMAS HU AT-LARGE REPRESENTATIVE 5.00
Director
$0 $0 $0
BRANDON LAWRENCE NATIONAL ORGANIZATION REPRESENTATIVE 5.00
Director
$0 $0 $0
NIKHIL KUMAR ATHLETE REPRESENTATIVE 5.00
Director
$0 $0 $0
NIRAJ OAK ATHLETE REPRESENTATIVE 5.00
Director
$0 $0 $0
TAHL LEIBOVITZ PARA ATHLETE REPRESENTATIVE 5.00
Director
$0 $0 $0
VIRGINIA SUNG CEO 60.00
Officer
$151,250 $9,113 $160,363
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $2,822,470 $2,513,414 $1,128,527 $309,056
2022 $2,150,144 $2,043,975 $739,779 $106,169
2021 $1,875,586 $1,595,038 $717,492 $280,548
2020 $1,158,191 $1,232,746 $453,263 $-74,555
2019 $2,561,492 $2,617,187 $531,047 $-55,695
2018 $3,506,399 $3,539,062 $565,294 $-32,663
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