2024-06-17T16:55:42-05:00 2023-07-31 946214841 ARMANINO LLP 15950 N DALLAS PKWY 600 DALLAS TX 75248 990 2022-08-01 751387872 PLANO SPORTS AUTHORITY INC PLAN 9722083850 6500 PRESTON MEADOW PLANO TX 75024 SANDI WILLIAMS GENERAL MANAGER 9722083850 2024-06-17 1 SANDI WILLIAMS 999009999 1 MATTHEW PETROSKI P00853132 9726611843 2024-06-17 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z PSA DON BLACKWOOD 6500 PRESTON MEADOW PLANO TX 75024 14126234 0 X WWW.PSAPLANO.ORG X 1971 TX THE PRIMARY PURPOSE OF PLANO SPORTS AUTHORITY INC. (PSA) IS TO PROVIDE (CONTINUED ON SCHEDULE O) AND PROMOTE A YEAR ROUND PROGRAM FOR SUPERVISED RECREATIONAL ACTIVITIES AND TO PROMOTE VARIOUS YOUTH SPORTS ACTIVITIES. 3 3 328 8955 0 0 2559021 1344893 9591170 11018333 20051 188401 604995 908402 12775237 13460029 28624 52544 0 0 2997040 3173492 0 0 68216 7799999 8387875 10825663 11613911 1949574 1846118 24207810 25216608 14922663 14075146 9285147 11141462 THE PRIMARY PURPOSE OF PLANO SPORTS AUTHORITY INC. (PSA) IS TO PROVIDE AND PROMOTE A YEAR ROUND PROGRAM FOR SUPERVISED RECREATIONAL ACTIVITIES AND TO PROMOTE VARIOUS YOUTH SPORTS ACTIVITIES. 0 0 9492670 52544 11451133 PSA PROVIDES AND PROMOTES A YEAR ROUND PROGRAM FOR SUPERVISED RECREATIONAL ACTIVITIES AND PROMOTES YOUTH SPORTS ACTIVITIES. 9492670 1 1 0 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1410 0 1 328 1 0 0 0 0 0 0 0 0 0 0 0 0 X 3 3 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X DON BLACKWOOD 9722085437 6500 PRESTON MEADOW PLANO TX 75024 DON BLACKWOOD CHAIRMAN 20.00 X X 0 0 0 MARC LEWIS BOARD PRESIDENT 1.00 X X 0 0 0 JOHN PETROFF BOARD MEMBER 1.00 X 0 0 0 SANDI WILLIAMS GENERAL MANAGER 40.00 X 150506 0 16196 MARK SALVIA VP OF FINANCE 40.00 X 68022 0 4066 218528 0 20262 1 0 1 0 CLEANNET OF DALLASFORT WORTH 800 W AIRPORT FRWY SUITE 720 IRVING TX 75062 JANITORIAL SERVICES 387290 SWI MANAGED SERVICES 4030 VENETO DRIVE FRISCO TX 75033 IT SUPPORT 208886 SWI MEDIA 4030 VENETO DRIVE FRISCO TX 75033 IT SUPPORT 207200 3 X 866699 478194 1344893 PROGRAM REVENUE 900099 11018333 11018333 11018333 188401 188401 460698 34388 426310 426310 426310 1107419 631817 475602 475602 OTHER REVENUE 900099 6490 6490 6490 13460029 11451133 0 664003 X 52544 52544 332452 332452 2294932 1769375 465220 60337 15927 10212 5715 336872 258228 78644 193309 130742 55178 7389 20142 20142 82281 82281 2315876 2315558 318 43308 43308 67873 67873 479473 479473 707254 703521 3733 32972 10220 22262 490 454741 454741 1513767 1510707 3060 431046 428180 2866 REPAIRS & MAINTENANCE 874798 800939 73859 OTHER EXPENSES 389902 389902 BANK FEES 314707 314707 FACILITY USE CHARGES 291136 291136 368599 366665 1934 11613911 9492670 2053025 68216 759440 883971 6801053 2678762 901233 1872 51932 45402 43271437 28737074 15694152 14534363 7072238 24207810 25216608 503651 510365 1762479 1899831 12656533 11664950 14922663 14075146 X 9285147 11141462 9285147 11141462 24207810 25216608 1846118 10197 0 X 0 1 X 1 0 X 383518 355477 1548068 2559021 1344893 6190977 12548590 7310941 7139125 9591170 11018333 47608159 12932108 7666418 8687193 12150191 12363226 53799136 103580 112130 107500 99875 71000 494085 0 103580 112130 107500 99875 71000 494085 53305051 416822 187278 277031 267700 649099 1797930 416822 187278 277031 267700 649099 1797930 16382 784385 388989 748358 1113909 3052023 13365312 8638081 9353213 13166249 14126234 58649089 0.90890 0.92480 0.03070 0.02630 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 41326846 27027316 14299530 1944591 1709758 234833 14534363 US TREASURY BILLS 4512393 F FIXED INCOME FUNDS 2559845 C 7072238 X 13704614 10197 200000 210197 13494417 -34388 -34388 13460029 11848299 200000 34388 234388 11613911 0 11613911 PART X, LINE 2: THE ORGANIZATION IS A QUALIFIED ORGANIZATION EXEMPT FROM FEDERAL INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE ORGANIZATION HAS EVALUATED ITS CURRENT TAX POSITIONS AND HAS CONCLUDED THAT AS OF JULY 31, 2023 AND 2022, THE ORGANIZATION DOES NOT HAVE ANY SIGNIFICANT UNCERTAIN TAX POSITIONS FOR WHICH A RESERVE WOULD BE CONSIDERED NECESSARY. PART XI, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSES -34,388. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 34,388. 1 FINANCIAL ASSISTANCE 251 52544 FMV DIRECT CREDIT TO REGISTRATION FEES PART I, LINE 2: PLANO SPORTS AUTHORITY (PSA) AWARDS SCHOLARSHIP MONEY BASED ON A FAMILY'S FINANCIAL NEED AND FAMILY SIZE AND THE CALCULATED ANNUAL INCOME ON A SLIDING SCALE. FAMILY INCOME IS BASED ON THE TOTAL NUMBER OF PERSONS IN THE HOUSEHOLD INCLUDING STEPPARENTS, GRANDPARENTS AND/OR ALL ADULTS LIVING IN THE HOME. ANY FAMILY EARNING $45,000 OR MORE ANNUALLY IS NOT ELIGIBLE FOR SCHOLARSHIP CONSIDERATION. COMPLETED APPLICATIONS MUST BE RECEIVED ALONG WITH ALL REQUIRED DOCUMENTATION. INCOMPLETE APPLICATIONS ARE NOT ACCEPTED. SCHOLARSHIPS COVER THE COST OF THE SPORT'S REGISTRATION FEE ONLY, WHICH ARE APPLIED/CREDITED DIRECTLY TO THE INDIVIDUAL'S REGISTRATION. PSA USES A REGISTRATION SOFTWARE THAT KEEPS TRACK OF ALL SCHOLARSHIPS BY CLIENT AND WHAT SPORT AND ACTIVITY IT WAS GRANTED FOR. ALL SCHOLARSHIP DOCUMENTATION AND RECORDS ARE KEPT BY THE ORGANIZATION FOR SEVEN YEARS. X 0 0 0 0 0 0 0 1 0 SANDI WILLIAMS GENERAL MANAGER 116801 0 33705 0 0 0 3998 0 12198 0 166702 0 0 0 PART I, LINE 7 DURING 2022, SANDI WILLIAMS AND MARK SALVIA RECEIVED A BONUS FOR $33,705 AND $1,000, RESPECTIVELY. BONUSES ARE NOT GUARANTEED AND CAN BE BASED ON GOALS TO BE ATTAINED OR, ON OCCASION, A DISCRETIONARY AWARD TO STAFF. THE GOALS ARE DEVELOPED BY MANAGEMENT, NORMALLY WITH THE ASSISTANCE OF THE EMPLOYEE, AND ARE APPROVED BY THE BOARD OF DIRECTORS. ALL CALCULATIONS AND DECISIONS ARE DOCUMENTED. FORM 990, PART VI, SECTION A, LINE 4 THE ORGANIZATION MADE CHANGES TO THEIR BYLAWS, MOST IMPORTANTLY REGARDING THE COMPOSITION OF BOARD OF DIRECTORS AND THE TERM LIMITS. DUTIES AND RESPONSIBILITIES OF A GENERAL MANAGER WERE ALSO ADDED IN THE AMENDED BYLAWS. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF PSA'S 990 IS PROVIDED TO THE BOARD OF DIRECTORS BEFORE IT IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS, DIRECTORS AND KEY EMPLOYEES ARE REQUIRED TO DISCLOSE CONFLICTS OF INTEREST ANNUALLY. PSA REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH ITS CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15 PSA SUBSCRIBES TO SOCIETY FOR HUMAN RESOURCE MANAGEMENT SERVICES WHICH SEND OUT AN ANNUAL STATE AND FEDERAL SALARY SURVEY. THE VP OF MARKETING AND THE CHIEF ADMINISTRATIVE OFFICER REVIEW THIS AND OTHER RELEVANT INFORMATION AND COMPILES A SPREADSHEET THAT CONTAINS RECOMMENDED COMPENSATION FOR ALL EMPLOYEES AND OFFICERS. THE PSA BOARD MEMBERS SERVING ON THE EXECUTIVE COMMITTEE REVIEW THESE RECOMMENDATIONS AND GIVE FINAL INDEPENDENT APPROVAL. FORM 990, PART VI, SECTION C, LINE 18 THE FORM 990 IS AVAILABLE UPON REQUEST FOR REVIEW AT THE PSA OFFICES. FORM 990, PART VI, SECTION C, LINE 19 PSA'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST TO PSA MANAGEMENT. FORM 990, PART VIII, LINE 1E: DURING THE PANDEMIC PLANO SPORTS AUTHORITY INC. (PSA), ALONG WITH NUMEROUS OTHER BUSINESSES RECEIVED GOVERNMENT FUNDS, NEVERTHELESS PSA DOES NOT RELY ON OR RECEIVE GOVERNMENT FUNDING AS A SOURCE OF REVENUE FOR BUSINESS. PSA WAS ALSO ELIGIBLE FOR REIMBURSEMENT FOR QUALIFYING EXPENSES AS PART OF THE TEXAS CHILD CARE RELIEF FUND (CCRF) PROGRAM UNDER THE CORONAVIRUS RESPONSE AND RELIEF SUPPLEMENTAL APPROPRIATIONS ACT ISSUED BY THE US DEPT OF HEALTH AND HUMAN SERVICES. THE CCRF PROGRAM WAS CREATED TO ASSIST CHILDCARE PROVIDERS IN ADDRESSING THE COSTS EXPERIENCE DURING THE COVID-19 PANDEMIC AS A RESULT OF LOWER ENROLLMENT AND HIGHER OPERATING COSTS. ELIGIBLE ORGANIZATIONS RECEIVED FUNDING BY SUBMITTING APPLICATIONS FOR REIMBURSEMENT FOR QUALIFYING EXPENSES WHICH ARE SUBJECT TO REVIEW AND APPROVAL BY THE TEXAS WORKFORCE COMMISSION (TWC). THE ORGANIZATION INCURRED $866,699 IN QUALIFYING EXPENSES AS OF JULY 31, 2023 AND THEREFORE RECOGNIZED THE RELATED REVENUE IN THE AUDIT REPORT UNDER STATEMENT OF ACTIVITIES AND STATEMENT OF REVENUE ON THE FORM 990. FORM 990, PART IX, LINE 11G OFFICIALS: PROGRAM SERVICE EXPENSES 1,477,938. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,477,938. COACHES: PROGRAM SERVICE EXPENSES 753,658. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 753,658. OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 83,962. MANAGEMENT AND GENERAL EXPENSES 318. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 84,280.