ATP Tour

What it reported doing in 2024

Atp member services and benefits: atp delivered value to its members across the 2024 season through broadcast, prize money, financial security programs and sponsorships, headlined by the signing of four new commercial partners and three partnership renewals. Reforms introduced under 'onevision', atp's long-term strategic plan, powered record total player compensation of us $261 million in 2024, with new records set across on-site prize money (atp tour and atp challenger tour) and performance bonus pools.atp delivered a record $18.3 million to players through the variable bonus pool in 2024. The atp masters 1000 fixed bonus pool, distributed according to performance and participation across the category, rose to $20.5 million in 2024.the atp also increased the bonus pool for the atp 500 category to $1.34 million, further enhancing player earnings at this level. The atp retirement plan expanded to 300 eligible players in 2024, up from 165 the previous year. Atp pension contributions totaled $26.3 million in 2024, bringing the total assets to over $300 million.atp's baseline financial security program distributed $1.3 million to 26 eligible players in 2024, introducing guaranteed minimum earnings for the top 250 singles players for the first time in history.on the atp challenger tour, prize money reached a record $22.3 million in 2024, an increase driven by major calendar enhancements and the commercialization of data rights under tennis data innovations (tdi).

Financial Efficiency

• Mission deployment rate: Limited
• Program expense ratio: Limited
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 90%; rating input score 90; 4th percentile among comparable filings
• Pay-setting controls: 5 of 6 controls in place; rating input score 83
  • Compensation committee: Pass
  • Independent consultant: Pass
  • Other Form 990s reviewed: Pass
  • Written employment contract: Missing
  • Compensation survey or study: Pass
  • Board or committee approval: Pass
• Foreign activity oversight: 1 of 8 controls in place; rating input score 12
  • Claims monitoring procedures: Pass
  • Requires narrative reports: Fail
  • Conducts field audits: Fail
  • May suspend future funding: Fail
  • Requires financial reports: Fail
  • Conducts site visits: Fail
  • Requires grant agreements: Fail
  • May require repayment: Fail
• Grant itemization coverage: 99.4%; rating input score 99; 40th percentile among comparable filings
• Major donor itemization: Limited
• Related-party transparency: Yes; rating input score 100

Accountability

• Independent voting board: 88.9%; rating input score 89; 36th percentile among comparable filings
• Governance controls: 7 of 9 controls in place; rating input score 78
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Fail
  • Other executive compensation review process: Fail
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 17.7%; rating input score 85; 85th percentile among comparable filings
• Total-asset coverage ratio: 2.14; rating input score 65; 65th percentile among comparable filings
• Liabilities to assets ratio: 0.17; rating input score 72; 72nd percentile among comparable filings
• Officer compensation ratio: 2.9%; rating input score 40; 40th percentile among comparable filings

Growth

• Program expense growth: Limited
• Revenue growth: 9.5% per year; rating input score 100; 75th percentile among comparable filings
• Asset growth: 10.9% per year; rating input score 100; 74th percentile among comparable filings