Usa Track & Field Inc is located in Brighton, MA. The organization was established in 1983. According to its NTEE Classification (N70) the organization is classified as: Amateur Sports Competitions, under the broad grouping of Recreation & Sports and related organizations. As of 12/2021, USA Track & Field Inc employed 2 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. USA Track & Field Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, USA Track & Field Inc generated $286.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.6% each year. All expenses for the organization totaled $228.8k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
ADMINISTER AND ORGANIZE ATHLETIC PROGRAMS IN TRACK & FIELD, LONG DISTANCE RUNNING, AND RACE WALKING FOR BOTH YOUTH AND ADULTS. ASSIST IN EDUCATIONAL PROGRAMS FOR COACHES, ATHLETES AND OFFICIALS IN NEW ENGLAND.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE PROVIDE PROGRAMS FOR ALL AGES IN TRACK & FIELD, LONG DISTANCE RUNNING, AND RACE WALKING. THE ORGANIZATION RUNS AND SUPPORTS MANY TRACK & FIELD MEETS, ROAD RACES, CROSS COUNTRY RACES, AND RACE WALKS ANNUALLY. IT SUPPORTS 4,100 MEMBERS FROM AGES 6 THROUGH 90, 133 MEMBER CLUBS, AND IT SANCTIONS (AND INSURES)248 EVENTS ANNUALLY. WE HAVE A PROFESSIONALLY STAFFED OFFICE OPEN ALL YEAR, 5 DAYS/WK, 8 HR/DAY, WHICH ANSWERS QUESTIONS FROM MEMBERS AND PROVIDES ON- SITE, TECHNICAL, AND ADMINISTRATIVE SUPPORT FOR EVENTS. WE ADMINISTER THESE SERVICES IN THE STATES OF MA, NH, RI AND VT.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Stephen Vaitones Managing Dir | Officer | 55 | $65,520 |
Dave Teszler President | OfficerTrustee | 10 | $0 |
Margaret Fox Vice Preside | OfficerTrustee | 2 | $0 |
Stephen Peckiconis Secretary | OfficerTrustee | 2 | $0 |
Dave Lapierre Treasurer | OfficerTrustee | 8 | $0 |
Tommy Mazza Vice Preside | OfficerTrustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $13,795 |
All other contributions, gifts, grants, and similar amounts not included above | $1,129 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $14,924 |
Total Program Service Revenue | $213,950 |
Investment income | $7,729 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $42,329 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $286,419 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $83,670 |
Compensation of current officers, directors, key employees. | $16,734 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $190 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $5,280 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $12,363 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $2,314 |
Office expenses | $1,056 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $25,277 |
Travel | $178 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $575 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $2,647 |
Insurance | $0 |
All other expenses | $12,748 |
Total functional expenses | $228,764 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $67,909 |
Savings and temporary cash investments | $19,013 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $21,948 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $270 |
Prepaid expenses and deferred charges | $1,750 |
Net Land, buildings, and equipment | $3,060 |
Investments—publicly traded securities | $447,091 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $430 |
Total assets | $561,471 |
Accounts payable and accrued expenses | $15,720 |
Grants payable | $0 |
Deferred revenue | $13,444 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $3,676 |
Total liabilities | $32,840 |
Net assets without donor restrictions | $511,701 |
Net assets with donor restrictions | $16,930 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $561,471 |
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