2023-11-15T12:07:27-06:00 2022-12-31 410746749 CLIFTONLARSONALLEN LLP 293 EISENHOWER PARKWAY 2ND FLOOR LIVINGSTON NJ 07039 990 2022-01-01 841474714 USA BADMINTON USAB 6783586855 ONE OLYMPIC PLAZA COLORADO SPRINGS CO 80909 LINDA FRENCH CEO/SECRETARY GENERAL 6783586855 2023-11-15 1 LINDA FRENCH 999009999 1 BRIDGET HARTNETT P01429163 9739949494 2023-11-15 0 AAL1 IAL1 2022 2023-04-26 12:10:37Z X LINDA FRENCH ONE OLYMPIC PLAZA COLORADO SPRINGS CO 80909 1095981 0 X HTTPS://USABADMINTON.ORG/ X 1937 CO TO FOSTER THE GROWTH OF BADMINTON FROM THE GRASSROOTS LEVEL TO THE OLYMPIC PODIUM. 12 12 8 80 0 0 256827 282568 295658 799453 409 108 100997 13852 653891 1095981 0 0 0 0 253871 356529 0 0 0 304331 836989 558202 1193518 95689 -97537 365845 416571 99618 247881 266227 168690 USA BADMINTON WILL FOSTER THE GROWTH OF BADMINTON IN THE UNITED STATES OF AMERICA AND COMPETITIVE EXCELLENCE BY U.S. ATHLETES IN INTERNATIONAL AND OLYMPIC COMPETITION. 0 0 461691 491038 ELITE ATHLETES AND COACHING - PROMOTION OF ATHLETE QUALIFICATIONS IN MAJOR INTERNATIONAL COMPETITIONS. 78516 83507 MEMBERSHIP - APPROXIMATELY 3,000 MEMBERS RECEIVE THE ORGANIZATION'S MEMBER SERVICES. 211465 224908 ATHLETE DEVELOPMENT - PROMOTION OF PROGRAMS TO INCREASE THE AWARENESS AND KNOWLEDGE OF THE SPORT OF BADMINTON AND PARA-BADMINTON IN THE UNITED STATES. 751672 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 27 0 1 8 1 0 0 0 0 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 0 0 1 0 0 CA X X LINDA FRENCH 6783586855 ONE OLYMPIC PLAZA COLORADO SPRINGS CO 80909 KENNETH WONG CHAIR 1.00 X X 0 0 0 FRED TENG DIRECTOR 1.00 X 0 0 0 NIBU PAUL DIRECTOR 1.00 X 0 0 0 PHILIP VARGHESE DIRECTOR 1.00 X 0 0 0 AMY BURNETT SECRETARY 1.00 X X 0 0 0 RENA WANG DIRECTOR 1.00 X 0 0 0 RICHARD ALCARAZ DIRECTOR 1.00 X 0 0 0 IRIS WANG DIRECTOR 1.00 X 0 0 0 DEAN SCHOPPE DIRECTOR 1.00 X 0 0 0 PAVAN VEDERE DIRECTOR 1.00 X 0 0 0 TATIA MAYS-RUSSELL DIRECTOR 1.00 X 0 0 0 PATTY PFLAGING DIRECTOR 1.00 X 0 0 0 LINDA FRENCH CEO/SECRETARY GENERAL 40.00 X 120983 0 7000 120983 0 7000 1 0 0 0 0 282568 8640 282568 TOURNAMENT INCOME 900099 715946 715946 MEMBERSHIP REVENUE 900099 83507 83507 799453 108 108 MISCELLANEOUS REVENUE 900099 13852 13852 13852 1095981 799453 0 13960 127983 49913 78070 199958 77984 121974 3647 1422 2225 24941 9727 15214 57597 57597 29725 29725 4668 4668 9211 9211 6920 6920 962 962 110985 43284 67701 3124 3124 3886 1516 2370 TOURNAMENT EXPENSE 491572 491572 OTHER OPERATING EXPENSE 55680 21715 33965 COACHING DEPARTMENT 34248 34248 BANK AND MERCHANT FEES 28411 11080 17331 1193518 751672 441846 0 351542 390606 1623 7642 9936 60323 46417 6661 13906 0 500 365845 416571 18666 106657 46372 141224 34580 0 99618 247881 X 266227 145190 23500 266227 168690 365845 416571 -97537 0 X X 0 1 X 1 0 X 261006 315884 214288 256827 282568 1330573 852917 772281 160508 296067 799453 2881226 1113923 1088165 374796 552894 1082021 4211799 0 227321 227321 227321 227321 3984478 149 187 108 444 149 187 108 444 99997 99997 13852 13852 1114072 1088352 374796 652891 1095981 4326092 0.92100 0.97400 0.00010 0.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 25987 12081 13906 34336 34336 0 13906 X 1106490 10509 10509 1095981 0 1095981 1204027 10509 10509 1193518 0 1193518 PART X, LINE 2: USA BADMINTON IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. USA BADMINTON FOLLOWS ACCOUNTING STANDARDS THAT PROVIDE CLARIFICATION ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN USA BADMINTON'S FINANCIAL STATEMENTS. THE GUIDANCE PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN, OR EXPECTED TO BE TAKEN, IN A TAX RETURN, AND ALSO PROVIDES GUIDANCE ON DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, DISCLOSURE AND TRANSITION. USA BADMINTON'S POLICY IS TO RECOGNIZE INTEREST AND PENALTIES ON UNRECOGNIZED TAX BENEFITS IN INCOME TAX EXPENSE. NO INTEREST AND PENALTIES WERE RECORDED DURING THE YEAR ENDED DECEMBER 31, 2022. AT DECEMBER 31, 2022, THERE ARE NO SIGNIFICANT INCOME TAX UNCERTAINTIES. FORM 990, PART VI, SECTION A, LINE 6 MEMBERS CONSIST OF COACHES, TECHNICAL OFFICIALS, ATHLETES AND GENERAL MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS CAN VOTE FOR THE BOARD OF DIRECTORS IN THEIR RESPECTIVE CATEGORIES. FORM 990, PART VI, SECTION B, LINE 11B THE AUDIT COMMITTEE MEMBERS AND CEO ARE THE PRIMARY REVIEWERS OF THE FORM 990. FORM 990, PART VI, SECTION B, LINE 12C THE ETHICS COMMITTEE OF THE BOARD OF DIRECTORS IS CHARGED WITH THE OVERSIGHT OF THE CONFLICT OF INTEREST ISSUES FOR BOARD MEMBERS, STAFF AND VOLUNTEERS. ALL BOARD MEMBERS, CANDIDATES FOR BOARD OFFICES, AND PAID STAFF ARE REQUIRED TO COMPLETE A CONFLICT OF INTEREST STATEMENT THAT IS REVIEWED BY THE ETHICS COMMITTEE. ALL CURRENT BOARD MEMBERS AND FULL TIME STAFF HAVE COMPLETED THE REQUIRED FORMS AND THOSE FORMS ARE ON FILE. IN ADDITION, THE BYLAWS EMPOWER THE ETHICS COMMITTEE TO ENSURE COMPLIANCE ON ALL BOARD MEMBERS AND STAFF REGARDING ISSUES OF "MATERIAL BENEFIT" CONFLICTS OF INTEREST, AND THE ETHICS COMMITTEE IS CHARGED WITH ADMINISTERING AND MAINTAINING THE CODE OF ETHICS OF THE ORGANIZTAION. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD OF DIRECTORS IS CHARGED WITH CONDUCTING AN ANNUAL REVIEW OF THE CEO'S PERFORMANCE AND A RECOMMENDATION REGARDING COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C. THE OVERSIGHT PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.