Civic Intelligence

United States Racquetball

EIN 73-0954204 • 501(c)3 • Colorado Springs, CO

Profile

Usa racquetball, recognized by the united states olympic committee as the national governing body for the sport, is committed to our members and the growth of racquetball from recreational play to international competition.

1661 Mesa AveColorado Springs, CO 80906

www.usaracquetball.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

97th percentile

1.95x

Higher debt load relative to assets than 97% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

86th percentile

0.46x

Higher debt load relative to revenue than 86% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Net Margin

17th percentile

-18%

Higher net margin than 17% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

55th percentile

$2,000

Higher top officer pay than 55% of similar nonprofits.

Top officer pay equals 0.3% of source-year revenue.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Asset Growth

7th percentile

-41%

Faster asset growth than 7% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

17th percentile

-21%

Faster revenue growth than 17% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Down

$140,462

Down $98,571 (-41%) from 2023

Liabilities

Up

$273,906

Up $10,027 (+3.8%) from 2023

Net Assets

Down

-$133,444

Down $108,598 (-437%) from 2023

Revenue

Down

$590,697

Down $155,847 (-21%) from 2023

Expenses

Up

$699,295

Up $94,707 (+16%) from 2023

Net Income

Down

-$108,598

Down $250,554 (-177%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$800K$600K$400K$200K$0-$200KAssets 2011: $445,284Liabilities 2011: $336,242Net Assets 2011: $109,0422011Assets 2012: $463,478Liabilities 2012: $341,375Net Assets 2012: $122,1032012Assets 2013: $558,662Liabilities 2013: $334,387Net Assets 2013: $224,2752013Assets 2014: $525,691Liabilities 2014: $368,367Net Assets 2014: $157,3242014Assets 2015: $524,529Liabilities 2015: $305,564Net Assets 2015: $218,9652015Assets 2016: $499,231Liabilities 2016: $283,011Net Assets 2016: $216,2202016Assets 2017: $550,369Liabilities 2017: $316,349Net Assets 2017: $234,0202017Assets 2018: $503,827Liabilities 2018: $297,665Net Assets 2018: $206,1622018Assets 2019: $437,351Liabilities 2019: $436,264Net Assets 2019: $1,0872019Assets 2020: $436,074Liabilities 2020: $369,326Net Assets 2020: $66,7482020Assets 2021: $605,679Liabilities 2021: $494,977Net Assets 2021: $110,7022021Assets 2022: $188,296Liabilities 2022: $337,103Net Assets 2022: -$148,8072022Assets 2023: $239,033Liabilities 2023: $263,879Net Assets 2023: -$24,8462023Assets 2024: $140,462Liabilities 2024: $273,906Net Assets 2024: -$133,4442024

Highlighted filing

2024

Assets$140,462
Liabilities$273,906
Net Assets-$133,444

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$2.0M$1.0M$0-$1.0MExpenses 2011: $1,713,6622011Expenses 2012: $1,733,5712012Revenue 2013: $1,612,644Expenses 2013: $1,510,472Net Income 2013: $102,1722013Revenue 2014: $1,433,163Expenses 2014: $1,500,511Net Income 2014: -$67,3482014Revenue 2015: $1,611,745Expenses 2015: $1,550,104Net Income 2015: $61,6412015Revenue 2016: $1,471,286Expenses 2016: $1,474,031Net Income 2016: -$2,7452016Revenue 2017: $1,439,860Expenses 2017: $1,420,560Net Income 2017: $19,3002017Revenue 2018: $1,344,522Expenses 2018: $1,370,905Net Income 2018: -$26,3832018Revenue 2019: $1,326,865Expenses 2019: $1,384,403Net Income 2019: -$57,5382019Revenue 2020: $696,457Expenses 2020: $630,616Net Income 2020: $65,8412020Revenue 2021: $1,181,471Expenses 2021: $1,147,400Net Income 2021: $34,0712021Revenue 2022: $1,020,429Expenses 2022: $1,299,113Net Income 2022: -$278,6842022Revenue 2023: $746,544Expenses 2023: $604,588Net Income 2023: $141,9562023Revenue 2024: $590,697Expenses 2024: $699,295Net Income 2024: -$108,5982024

Highlighted filing

2024

Revenue$590,697
Expenses$699,295
Net Income-$108,598

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.14$0.27$0.13$0.59$0.70$0.11
2023Detailed filing. Detailed filing data is available for this year.$0.24$0.26$0.02$0.75$0.60$0.14
2022Detailed filing. Detailed filing data is available for this year.$0.19$0.34$0.15$1.02$1.30$0.28
2021Detailed filing. Detailed filing data is available for this year.$0.61$0.49$0.11$1.18$1.15$0.03
2020Detailed filing. Detailed filing data is available for this year.$0.44$0.37$0.07$0.70$0.63$0.07
2019Detailed filing. Detailed filing data is available for this year.$0.44$0.44$0.00$1.33$1.38$0.06
2018Detailed filing. Detailed filing data is available for this year.$0.50$0.30$0.21$1.34$1.37$0.03
2017Detailed filing. Detailed filing data is available for this year.$0.55$0.32$0.23$1.44$1.42$0.02
2016Detailed filing. Detailed filing data is available for this year.$0.50$0.28$0.22$1.47$1.47$0.00
2015Detailed filing. Detailed filing data is available for this year.$0.52$0.31$0.22$1.61$1.55$0.06
2014Detailed filing. Detailed filing data is available for this year.$0.53$0.37$0.16$1.43$1.50$0.07
2013Detailed filing. Detailed filing data is available for this year.$0.56$0.33$0.22$1.61$1.51$0.10
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.46$0.34$0.12$1.73
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.45$0.34$0.11$1.71
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Apr 18, 2025
Return Version
2024v5.0
Gross Receipts
$590,697
Mission and Program Overview

Mission

Usa racquetball, recognized by the united states olympic committee as the national governing body for the sport, is committed to our members and the growth of racquetball from recreational play to international competition.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$140,206$85,558▼ $54,648
Cash and Non-Interest-Bearing Accounts$36,772$18,599▼ $18,173
Prepaid Expenses and Deferred Charges$21,180$16,870▼ $4,310
Pledges and Grants Receivable$29,250$10,716▼ $18,534
Intangible Assets$11,625$8,719▼ $2,906
Total Assets$239,033$140,462▼ $98,571
Liabilities
Mortgage Notes Payable Secured by Investment Property$150,000$150,000→ $0
Deferred Revenue$85,016$95,636▲ $10,620
Accounts Payable and Accrued Expenses$28,863$28,270▼ $593
Total Liabilities$263,879$273,906▲ $10,027
Net Assets / Fund Balance
Net Assets With Donor Restrictions$180,175$58,093▼ $122,082
Net Assets Without Donor Restrictions$-205,021$-191,537▲ $13,484
Total Net Assets Fund Balance$-24,846$-133,444▼ $108,598
Total Liabilities and Net Assets / Fund Balance$239,033$140,462▼ $98,571
Compensation and Service Providers

Employees

NameTitleBaseTotal
Michelle KeyPast Sec$2,000$2,000
Jake BredenbeckDirector$1,500$1,500
Erika ManillaDirector$1,000$1,000

Board Members and Trustees

NameTitle
Stewart SolomonPresident
Glen GittermanDirector
Janel Tisinger-ledkinsDirector
Ro-el CorderoDirector
Slemo WarigonDirector
Steve CzarneckiDirector
Thomas FuhrmannDirector
Todd BossDirector
Karen GriszExe Director (1/1
Mike GriszExe Director (12/
Cheryl KirkCurrent Secr
Kristin WattzCurrent VP
Terry RogersPast VP
Tony PraterPast VP
Sandy RiosTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$162,688
Program Service Revenue
$408,770
Investment Income
$333
Other Revenue
$18,906
All Other Contributions
$80,088
Change in Net Assets
$-108,598

Audited Revenue Reconciliation

Revenue per Audited Statements
$590,697
Revenue Not Reported on Form 990
$98,874
Total Revenue per Audited Statements
$689,571
Total Revenue per Form 990
$590,697
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$642,065
Salaries, Compensation, and Employee Benefits$50,730
Grants and Similar Amounts Paid$6,500
Total Fundraising Expense$2,998
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Travel$94,720--$94,720
Insurance$4,504$50,129-$54,633
Fees for Services Accounting$17,577$33,949-$51,526
Fees for Services Other$30,022$18,800-$48,822
Other Salaries and Wages$37,500$606-$38,106
Information Technology$32,024$1,743-$33,767
Office Expenses$9,395$383-$9,778
Occupancy-$9,622-$9,622
Other Expenses$6,779$458$81$7,318
Grants to Domestic Individuals$6,500--$6,500
Interest-$5,747-$5,747
Other Employee Benefits$2,970$1,741-$4,711
Current Officers, Directors, Trustees, and Key Employees$4,500--$4,500
All Other Expenses$4,272--$4,272
Advertising$1,210-$2,917$4,127
Payroll Taxes$3,413--$3,413
Total Functional Expenses$567,751$128,546$2,998$699,295

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$798,169
Expenses per Audited Statements$699,295
Total Expenses per Form 990$699,295
Expenses Not Reported on Form 990$98,874
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Abr CommunicationsFormer BoardCommunication ServicNo$23,810
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

The organization is a membership organization and has approximately 4,900 members.

Form 990, Page 6, Part VI, Line 7A

Members are encouraged to vote to elect board members via a website.

Form 990, Page 6, Part VI, Line 11B

Prior to the form 990 being filed, it is electronically provided to the executive board of directors.

Form 990, Page 6, Part VI, Line 12C

A conflict of interest statement is filled out annually which is discussed and evaluated.

Form 990, Page 6, Part VI, Line 15A

The board of directors reviews comparative data and sets the executive directors compensation.

Form 990, Page 6, Part VI, Line 15B

The executive director reviews comparative data and determines compensation for all other employees.

Form 990, Page 6, Part VI, Line 19

Some financial information is provided on the organizations website and upon request.

Filing and Contact Details

Filer

Filer Name
United States Racquetball
EIN
73-0954204
Phone
7196355396
Address
1661 MESA AVE, COLORADO SPRINGS, CO 80906
Doing Business As
USA Racquetball

Signing Officer

Name
Karen Grisz
Title
Exe Director (1/1/2025)
Phone
7196355396
Signed
2025-04-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Karen Grisz
Formed
1968
Legal Domicile
Co
Voting Board Members
12
Independent Board Members
12
Employees
1
Volunteers
141

Preparer

Firm
Mountain West Advisors LLC
Address
PO BOX 630044, HIGHLANDS RANCH, CO 80163
Preparer
Erik D Ladewig CPA
Phone
7205155485
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