Civic Intelligence

T20 World Cup USA Inc

EIN 93-2723688 • 501(c)3 • Colorado Springs, CO

Profile

To serve as host for cricket matches, qualifiers, and competitions in the americas region.

1631 Mesa Ave Copper Bldg Ste CColorado Springs, CO 80906

www.icc-cricket.com

Siviq Scores

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

Liabilities / Assets

99th percentile

3.03x

Higher debt load relative to assets than 99% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Liabilities / Revenue

49th percentile

0.32x

Higher debt load relative to revenue than 49% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Net Margin

9th percentile

-21%

Higher net margin than 9% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Top Officer Pay

13th percentile

$153,290

Higher top officer pay than 13% of similar nonprofits.

Top officer pay equals 0.2% of source-year revenue.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Asset Growth

26th percentile

-0.1%

Faster asset growth than 26% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Revenue Growth

100th percentile

5612%

Faster revenue growth than 100% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Assets

Down

$8,771,941

Down $10,108 (-0.1%) from 2023

Liabilities

Up

$26,603,026

Up $17,512,457 (+193%) from 2023

Net Assets

Down

-$17,831,085

Down $17,522,565 (-5680%) from 2023

Revenue

Up

$82,308,251

Up $80,867,342 (+5612%) from 2023

Expenses

Up

$99,830,816

Up $98,081,387 (+5606%) from 2023

Net Income

Down

-$17,522,565

Down $17,214,045 (-5580%) from 2023

Trend Graphs

Balance Sheet Trend

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

$40M$20M$0-$20MAssets 2023: $8,782,049Liabilities 2023: $9,090,569Net Assets 2023: -$308,5202023Assets 2024: $8,771,941Liabilities 2024: $26,603,026Net Assets 2024: -$17,831,0852024

Highlighted filing

2024

Assets$8,771,941
Liabilities$26,603,026
Net Assets-$17,831,085

Operations Trend

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

$100M$50M$0-$50MRevenue 2023: $1,440,909Expenses 2023: $1,749,429Net Income 2023: -$308,5202023Revenue 2024: $82,308,251Expenses 2024: $99,830,816Net Income 2024: -$17,522,5652024

Highlighted filing

2024

Revenue$82,308,251
Expenses$99,830,816
Net Income-$17,522,565

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 17, 2025
Return Version
2024v5.2
Gross Receipts
$82,308,251
Mission and Program Overview

Mission

To serve as host for cricket matches, qualifiers, and competitions in the americas region.

Balance Sheet Detail
LineBeginningEndChange
Assets
Prepaid Expenses and Deferred Charges$4,026,759$0▼ $4,026,759
Accounts Receivable$670,000$741,046▲ $71,046
Cash and Non-Interest-Bearing Accounts$4,085,290$155,720▼ $3,929,570
Total Assets$8,782,049$8,771,941▼ $10,108
Other Assets Total$0$7,875,175▲ $7,875,175
Liabilities
Other Liabilities$9,000,000$22,000,000▲ $13,000,000
Accounts Payable and Accrued Expenses$90,569$4,603,026▲ $4,512,457
Total Liabilities$9,090,569$26,603,026▲ $17,512,457
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-308,520$-17,831,085▼ $17,522,565
Total Net Assets Fund Balance$-308,520$-17,831,085▼ $17,522,565
Total Liabilities and Net Assets / Fund Balance$8,782,049$8,771,941▼ $10,108

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$2,620,631--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Brett JonesCEOFT$153,290$153,290

Board Members and Trustees

NameTitle
Peter HuttonChairman/director
Catherine CarlsonDirector
Sunil GulatiDirector

Highest Paid Contractors

ContractorServicesLocationCompensation
Legends Hospitality Holding Company LLCCatering61 BROADWAY SUITE 2400, New York, NY 10006$4,797,045
Trahanas Hospitality LLCCatering44 OLD OX ROAD, Manhasset, NY 11030$1,515,195
Breakaway Holdings LLC (amore Sports ManAdvertising1528 SE 8TH AVENUE, Deerfield Beach, FL 33441$987,939
Mlc Dallas Stadium Co LLCVenue Operations3130 20TH STREET SUITE 311, San Francisco, CA 94110$800,000
Cowan Debaets Abrahams & Sheppard LLPLegal Fees41 MADISON AVENUE 38TH FLOOR, New York, NY 10010$778,551
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$80,034,893
Investment Income
$48,631
Other Revenue
$2,224,727
Change in Net Assets
$-17,522,565
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$99,632,211
Salaries, Compensation, and Employee Benefits$198,605
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$15,476,010--$15,476,010
Advertising$122,500$6,975,972-$7,098,472
Other Expenses$6,348,614--$6,348,614
Insurance$3,199,405--$3,199,405
Fees for Services Other$2,791,047--$2,791,047
Travel$1,670,515--$1,670,515
Fees for Services Legal-$1,055,995-$1,055,995
Interest-$695,812-$695,812
Fees for Services Accounting-$224,797-$224,797
Current Officers, Directors, Trustees, and Key Employees$153,290--$153,290
Information Technology$97,198--$97,198
Office Expenses$74,515$9,825-$84,340
Other Salaries and Wages$30,622--$30,622
Payroll Taxes$14,693--$14,693
Total Functional Expenses$90,868,415$8,962,401$0$99,830,816
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Loan Payable - Icc$22,000,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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
No
Other officer compensation reviewed
No
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, Part VI, Section B, Line 11B

The federal form 990 for the organization is prepared on an annual basis by a public accounting firm. Subsequent to preparation of the return, the chairman/director of the organization's board of directors reviews, approves and signs the irs form 990. Prior to filing the form 990 with the irs, an electronic copy of the federal form 990 is provided to the board of directors by the chairman/director.

Form 990, Part VI, Section B, Line 12C

The organization requires all members of the board of directors to sign conflict of interest statements on an annual basis. The conflict of interest statements are collected and reviewed by the officers of the board of directors.

Form 990, Part VI, Section C, Line 19

The organization will make its articles of incorporation, bylaws and financial statements available upon reasonable written request.

Filing and Contact Details

Filer

Filer Name
T20 World Cup USA Inc
EIN
93-2723688
Phone
5088386062
Address
1631 MESA AVE COPPER BLDG STE C, COLORADO SPRINGS, CO 80906

Signing Officer

Name
Peter Hutton
Title
Chairman, Director
Phone
5088386062
Signed
2025-11-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Peter Hutton
Formed
2023
Legal Domicile
Co
Voting Board Members
3
Independent Board Members
3
Employees
2
Volunteers
100

Preparer

Firm
Rubinbrown Llp
Address
1900 16TH STREET SUITE 1700, DENVER, CO 80202
Preparer
Kimberly a Ryan
Phone
3036981883
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

Event expenses: program service expenses 5,832,356. Management and general expenses 0. Fundraising expenses 0. Total expenses 5,832,356. Accommodation : program service expenses 5,169,729. Management and general expenses 0. Fundraising expenses 0. Total expenses 5,169,729. Security: program service expenses 4,165,396. Management and general expenses 0. Fundraising expenses 0. Total expenses 4,165,396. Allowance for living expenses: program service expenses 191,156. Management and general expenses 0. Fundraising expenses 0. Total expenses 191,156. Clothing/branded items: program service expenses 116,273. Management and general expenses 0. Fundraising expenses 0. Total expenses 116,273. Photography: program service expenses 1,100. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,100.

Raw XML AppendixShowing 400 of 429 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0INSURANCE SETTLEMENTS - 2024 AMOUNT: $ 1,868,634.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt048631
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt048631
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt080390986
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt01440909
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt081831895
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt048631
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt048631
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt01868634
IRS990ScheduleA/OtherIncome509Grp/TotalAmt01868634
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportTotal509Amt062208478
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt018196917
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt01426500
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt019623417
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearAmt018196917
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus1YearAmt01426500
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt019623417
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt080390986
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01440909
IRS990ScheduleA/Total509Grp/TotalAmt081831895
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt082308251
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01440909
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt083749160
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt03206154
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt12048390
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt22620631
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0PARKER ESCROW ACCOUNT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1CDAS ESCROW ACCOUNT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2OTHER RECEIVABLES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt022000000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0LOAN PAYABLE - ICC
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueOtherAssetsAmt07875175
IRS990ScheduleD/TotalLiabilityAmt022000000
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/DiscretionarySpendingAcctInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/Form990OfOtherOrganizationsInd0X
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0153290
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0BRETT JONES
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0153290
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SubstantiationRequiredInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleJ/WrittenEmploymentContractInd0X
IRS990ScheduleJ/WrittenPolicyRefTAndEExpnssInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FEDERAL FORM 990 FOR THE ORGANIZATION IS PREPARED ON AN ANNUAL BASIS BY A PUBLIC ACCOUNTING FIRM. SUBSEQUENT TO PREPARATION OF THE RETURN, THE CHAIRMAN/DIRECTOR OF THE ORGANIZATION'S BOARD OF DIRECTORS REVIEWS, APPROVES AND SIGNS THE IRS FORM 990. PRIOR TO FILING THE FORM 990 WITH THE IRS, AN ELECTRONIC COPY OF THE FEDERAL FORM 990 IS PROVIDED TO THE BOARD OF DIRECTORS BY THE CHAIRMAN/DIRECTOR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION REQUIRES ALL MEMBERS OF THE BOARD OF DIRECTORS TO SIGN CONFLICT OF INTEREST STATEMENTS ON AN ANNUAL BASIS. THE CONFLICT OF INTEREST STATEMENTS ARE COLLECTED AND REVIEWED BY THE OFFICERS OF THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION WILL MAKE ITS ARTICLES OF INCORPORATION, BYLAWS AND FINANCIAL STATEMENTS AVAILABLE UPON REASONABLE WRITTEN REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3EVENT EXPENSES: PROGRAM SERVICE EXPENSES 5,832,356. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 5,832,356. ACCOMMODATION : PROGRAM SERVICE EXPENSES 5,169,729. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 5,169,729. SECURITY: PROGRAM SERVICE EXPENSES 4,165,396. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,165,396. ALLOWANCE FOR LIVING EXPENSES: PROGRAM SERVICE EXPENSES 191,156. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 191,156. CLOTHING/BRANDED ITEMS: PROGRAM SERVICE EXPENSES 116,273. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 116,273. PHOTOGRAPHY: PROGRAM SERVICE EXPENSES 1,100. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,100.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART IX, LINE 24E
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0FL
IRS990/StatesWhereCopyOfReturnIsFldCd1NY
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt08782049
IRS990/TotalAssetsEOYAmt08771941
IRS990/TotalAssetsGrp/BOYAmt08782049
IRS990/TotalAssetsGrp/EOYAmt08771941
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt08962401
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt090868415
IRS990/TotalFunctionalExpensesGrp/TotalAmt099830816
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt09090569
IRS990/TotalLiabilitiesEOYAmt026603026
IRS990/TotalLiabilitiesGrp/BOYAmt09090569
IRS990/TotalLiabilitiesGrp/EOYAmt026603026
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-308520
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-17831085
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt090868415
IRS990/TotalProgramServiceRevenueAmt080034893
IRS990/TotalReportableCompFromOrgAmt0153290
IRS990/TotalRevenueGrp/ExclusionAmt01917265
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt080390986
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt082308251
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt0100
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt08782049
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt08771941
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt01670515
IRS990/TravelGrp/TotalAmt01670515
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01631 MESA AVE COPPER BLDG STE C
IRS990/USAddress/CityNm0COLORADO SPRINGS
IRS990/USAddress/StateAbbreviationCd0CO
IRS990/USAddress/ZIPCd080906
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0WWW.ICC-CRICKET.COM

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