Usa Swimming Inc is located in Colorado Springs, CO. The organization was established in 2006. According to its NTEE Classification (N67) the organization is classified as: Swimming & Other Water Recreation, under the broad grouping of Recreation & Sports and related organizations. As of 12/2021, USA Swimming Inc employed 115 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. USA Swimming 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 Swimming Inc generated $37.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $36.5m during the year ending 12/2021. While expenses have increased by 0.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, USA Swimming Inc has awarded 330 individual grants totaling $15,717,869. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
USA SWIMMING IS THE NATIONAL GOVERNING BODY FOR THE SPORT OF SWIMMING. WE ADMINISTER COMPETITIVE SWIMMING IN ACCORDANCE WITH THE TED STEVENS OLYMPIC & AMATEUR SPORTS ACT.
Describe the Organization's Program Activity:
NATIONAL TEAM: IN 2021 USA SWIMMING ATHLETES WON A TOTAL OF 30 MEDALS AT THE OLYMPIC GAMES IN TOKYO, INCLUDING 11 GOLD, 9 SILVER AND 10 BRONZE: THE MOST MEDALS OF ANY U.S. SPORT FOR THE SEVENTH-CONSECUTIVE OLYMPIC GAMES. OUR MENTAL HEALTH PROGRAM CONTINUED TO PROVIDE CRITICAL SUPPORT TO NATIONAL TEAM AND NATIONAL JUNIOR TEAM ATHLETES AND COACHES AS THEY NAVIGATED THE ADDITIONAL STRESSORS CAUSED BY THE PANDEMIC. ALL PROGRAMS DEVELOPED BY THE NATIONAL TEAM CENTER AROUND HIGH PERFORMANCE AT THE ELITE LEVEL OF THE SPORT OF SWIMMING.
COMMERCIAL:COMMUNICATIONS MEDIA RELATIONS CENTERED AROUND NUMEROUS DOMESTIC AND INTERNATIONAL COMPETITIONS, TO INCLUDE THE US OLYMPIC TEAM TRIALS SWIMMING AND THE OLYMPIC GAMES IN TOKYO, WITH A KEEN FOCUS ALSO ON STRONG INTERNAL COMMUNICATIONS TO OUR NEARLY 400,000 MEMBERS. THE TEAM PUBLISHED ONE PRINTED EDITORIAL SPLASH MAGAZINE, WHICH SERVED AS A TRIALS MEET PROGRAM FOR ALL USA SWIMMING MEMBER HOUSEHOLDS, SO FANS COULD FOLLOW ALONG WITH THE EXCITEMENT AT HOME. PARTNERSHIPS & EVENT MARKETINGWE SUCCESSFULLY SIGNED NEW SHORT-TERM CORPORATE PARTNERS DURING THE PANDEMIC TO ASSIST IN REVENUE GENERATION DURING THE OLYMPIC YEAR. THE HIGHLIGHT OF THE YEAR WAS BRINGING BACK A LIMITED NUMBER OF FANS TO THE U.S. OLYMPIC TEAM TRIALS - SWIMMING. WE HOSTED PARTNERS AND PROSPECTIVE GUESTS WITHIN A NOTABLE HOSPITALITY SPACE AT USA SWIMMING HOUSE, WHILE CREATING INNOVATED AND SOCIALLY DISTANCED BRAND ACTIVATIONS AND RETAIL AREA WITHIN THE TOYOTA AQUA LOUNGE. BUSINESS INTELLIGENCE AND DIGITAL PLATFORMS2021 WORK FOCUSED ON IMPROVEMENTS IN DATA QUALITY FOR MEMBERS AND DONORS, WHILE ADDING A "FAN" CATEGORY TO THE DATABASE. THE ADDITION OF THE FAN CATEGORY EXPANDS THE ORGANIZATION'S PROMOTIONAL COMMUNICATION CAPABILITIES AND PROVIDES A VALUABLE ADDITION TO PARTNERSHIP SALES EFFORTS. CREATIVE SERVICES & VIDEO PRODUCTIONSBROADCASTS OF OUR NATIONAL LEVEL MEETS CONTINUED ON NBC PLATFORMS THROUGH 2021, WHILE STREAMING ON USASWIMMING.ORG BECAME AN INCREASINGLY NECESSARY CONTENT DELIVERY SYSTEM TO OUR VALUED USA SWIMMING HOUSEHOLDS. DESIGN WORK TO SUPPORT CRITICAL MARKETING OBJECTIVES RAMPED UP, NOT JUST FOR USA SWIMMING HQ BUT ALSO FOR MEMBER CLUBS AND LSCS.
EVENTS: IN 2021, USA SWIMMING HOSTED A MODIFIED SCHEDULE OF EVENTS DUE TO THE GLOBAL PANDEMIC. THE MARQUEE EVENT OF 2021 WAS THE DELAYED 2020 U.S. OLYMPIC TRIALS - SWIMMING IN OMAHA, NE WHERE THE 2020 U.S. OLYMPIC TEAM WAS SUCCESSFULLY SELECTED. ALSO OF NOTE WAS THE RETURN OF THE TYR PRO SWIM SERIES AT FIVE SITES THROUGHOUT THE SPRING MONTHS TELEVISED ON NBC, THE AUGUST SPEEDO SUMMER CHAMPIONSHIPS IN GREENSBORO, NC AND IRVINE, CA, AND THE TOYOTA U.S. OPEN IN GREENSBORO, NC, ALSO BROADCAST ON NBC. ALL EVENTS WERE CONDUCTED UNDER STRICT COVID-19 SAFETY PROTOCOLS. USA SWIMMING ALSO PROVIDED GUIDANCE AND SUPPORT FOR MANY OTHER EVENTS SANCTIONED AT THE LOCAL AND REGIONAL LEVELS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Timothy Hinchey President And CEO | Officer | 40 | $974,566 |
Michael Unger Vice President And COO | Officer | 40 | $556,747 |
Katie Mcroberts Chief Admin Officer And Secretary | Officer | 40 | $339,848 |
Shana Ferguson Cco | Officer | 40 | $280,713 |
Lindsay Mintenko National Team | 40 | $265,966 | |
Joel Shinofield Sport Development | 40 | $246,308 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Dodd Technologies Event Production | 12/30/21 | $600,109 |
Eclipse Productions Inc Event Production | 12/30/21 | $609,181 |
Catalyte Inc It Services | 12/30/21 | $1,297,040 |
Lasser Productions Video Production | 12/30/21 | $249,090 |
Optiv Security It Services | 12/30/21 | $212,282 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $264,636 |
Related organizations | $1,116,433 |
Government grants | $182,317 |
All other contributions, gifts, grants, and similar amounts not included above | $8,171,706 |
Noncash contributions included in lines 1a–1f | $1,233,381 |
Total Revenue from Contributions, Gifts, Grants & Similar | $9,735,092 |
Total Program Service Revenue | $24,675,249 |
Investment income | $1,280,732 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $146,515 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $1,391,155 |
Net Income from Fundraising Events | -$307,618 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $36,995,614 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $399,590 |
Grants and other assistance to domestic individuals. | $3,702,284 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $2,889,417 |
Compensation of current officers, directors, key employees. | $1,896,597 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $6,028,771 |
Pension plan accruals and contributions | $484,336 |
Other employee benefits | $1,029,002 |
Payroll taxes | $541,140 |
Fees for services: Management | $0 |
Fees for services: Legal | $264,859 |
Fees for services: Accounting | $34,700 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $93,828 |
Fees for services: Other | $3,092,578 |
Advertising and promotion | $7,142 |
Office expenses | $1,157,855 |
Information technology | $515,137 |
Royalties | $0 |
Occupancy | $366,589 |
Travel | $3,727,667 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $55,399 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $1,712,676 |
Insurance | $3,613,622 |
All other expenses | $2,587,928 |
Total functional expenses | $36,531,692 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $4,708,225 |
Savings and temporary cash investments | $2,272,488 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $2,505,382 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $6,204,617 |
Net Land, buildings, and equipment | $3,877,114 |
Investments—publicly traded securities | $40,770,870 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $265,526 |
Total assets | $60,604,222 |
Accounts payable and accrued expenses | $3,721,004 |
Grants payable | $0 |
Deferred revenue | $15,051,242 |
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 | $2,581,898 |
Other liabilities | $0 |
Total liabilities | $21,354,144 |
Net assets without donor restrictions | $39,250,078 |
Net assets with donor restrictions | $0 |
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 | $60,604,222 |
Over the last fiscal year, Usa Swimming Inc has awarded $187,100 in support to 8 organizations.
Grant Recipient | Amount |
---|---|
Baltimore, MD PURPOSE: COACHING SUPPORT | $120,000 |
CAL AQUATICS PURPOSE: TRAVEL AND TRAINING & OLYMPIC TEAM PREP | $15,000 |
STANFORD SWIMMING PURPOSE: OLYMPIC TEAM PREP | $15,000 |
Las Vegas, NV PURPOSE: CLUB EXCELLENCE GRANT AND OLYMPIC TEAM PREP | $10,900 |
NATIONS CAPITAL SWIM CLUB PURPOSE: CLUB EXCELLENCE GRANT | $10,100 |
Discovery Bay, CA PURPOSE: CLUB EXCELLENCE GRANT | $5,500 |
Over the last fiscal year, we have identified 4 grants that Usa Swimming Inc has recieved totaling $1,121,447.
Awarding Organization | Amount |
---|---|
Usa Swimming Foundation Colorado Springs, CO PURPOSE: NATIONAL TEAM | $1,116,433 |
Melvin R & Ada C Greiser Fdn Columbus, NC PURPOSE: GENERAL SUPPORT | $4,466 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $48 |
Beg. Balance | $10,651,564 |
Earnings | $643,904 |
Net Contributions | $4,162,091 |
Other Expense | $418,601 |
Ending Balance | $15,038,958 |
Organization Name | Assets | Revenue |
---|---|---|
Usa Swimming Inc Colorado Springs, CO | $60,604,222 | $36,995,614 |
Pool & Hot Tub Foundation Colorado Springs, CO | $11,049,001 | $5,466,362 |
United States Team Penning Assn Inc Cheyenne, WY | $443,559 | $2,777,918 |
United States Synchronized Swimming Inc Colorado Springs, CO | $767,815 | $1,651,151 |
Steamboat Training Adaptive Recreational Sports Steamboat Springs, CO | $6,587,580 | $1,502,232 |
Scottsdale Aquatics Club Boosters Inc Scottsdale, AZ | $384,387 | $1,422,740 |
Wichita Swim Club Wichita, KS | $1,168,061 | $1,081,174 |
Highlands Ranch Aquatics Club Inc Highlands Ranch, CO | $351,068 | $874,760 |
Grand Canyon Youth Flagstaff, AZ | $1,989,034 | $1,269,297 |
Santa Fe Trail Blazers Association Shawnee Mission, KS | $677,575 | $731,776 |
Loveland Swim Club Inc Loveland, CO | $76,767 | $796,023 |
Fort Collins Area Swim Team Fort Collins, CO | $370,611 | $817,877 |