United States Field Hockey Association Inc
- Assets
- $7.0m
- Revenue
- $9.4m
- Investments
- $4.1m
- Employees
- 29
- Location
- Colorado Springs, CO
- Founding
- 08/1964
- Data as of
- 12/2023
- EIN
- 23-6299893
Organization Overview
United States Field Hockey Association Inc, operating under the name Usa Field Hockey, is located in Colorado Springs, CO. The organization was established in 1964. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, under the broad grouping of Recreation & Sports and related organizations. As of 12/2023, USA Field Hockey employed 29 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. USA Field Hockey 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 12/2023, USA Field Hockey generated $9.4m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $11.2m during the year ending 12/2023. While expenses have increased by 3.4% per year over the past 8 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO DEVELOP PLAYERS AND COACHES AND TO ULTIMATELY PERFORM AT THE OLYMPIC GAMES. THE ORGANIZATION PROVIDES HIGH PERFORMANCE COACHING, DEVELOPMENTAL COACHING, AND CONDUCTS TOURNAMENTS AND OTHER EVENTS FOR ITS MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HIGH PERFORMANCE IS THE HIGHEST LEVEL OF ACHIEVEMENT IN THE ORGANIZATION. IN 2021, THE WOMEN'S NATIONAL TEAM PLAYERS RELOCATED TO CHARLOTTE, NC, WHILE THE MEN'S NATIONAL TEAM PLAYERS ARE COACHED AT OTHER LOCATIONS ACROSS THE U.S. PLAYERS COMPETE IN INTERNATIONAL GLOBAL TOURNAMENTS.
OTHER PROGRAM SERVICES PROMOTING THE SPORT OF FIELD HOCKEY.
NEXUS IS A DEVELOPMENTAL PROGRAM THAT DELIVERS SPECIAL COACHING TO TALENT IDENTIFIED YOUTH PLAYERS. THE PROGRAM ALSO INCLUDES SELECTION TOURNAMENTS LEADING TO HIGHER LEVELS OF COACHING AND ULTIMATELY THE SELECTION OF A NATIONAL TEAM.
NATIONAL INDOOR TOURNAMENTS INCLUDE FOUR AGE DIVISIONS (U10/12, U14, U16, AND U19), AND ARE PLAYED IN FEBRUARY AND EARLY MARCH. THE U16 AND U19 TEAMS ARE "INVITED" BASED ON RESULTS FROM A QUALIFIER TOURNAMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cathy Bessant Board Chair | OfficerTrustee | 3.5 | $0 |
Jeanne O'brien Vice Chair | OfficerTrustee | 3.5 | $0 |
Alex Grassi Director | Trustee | 2.6 | $0 |
Stephen Martin Director | Trustee | 2 | $0 |
Chip Rogers Director | Trustee | 6.5 | $0 |
Christie Smith Director | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Anthony Farry Contractor | 12/30/21 | $140,000 |
Alpha Interactive Group Inc Database | 12/30/21 | $103,602 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $217,977 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,198,501 |
| Noncash contributions included in lines 1a–1f | $443,371 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,416,478 |
| Total Program Service Revenue | $7,689,842 |
| Investment income | $65,092 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $198,841 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $26,272 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $9,396,525 |
| 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. | $473,898 |
| Compensation of current officers, directors, key employees. | $239,951 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,841,095 |
| Pension plan accruals and contributions | $6,311 |
| Other employee benefits | $242,927 |
| Payroll taxes | $165,955 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $284 |
| Fees for services: Accounting | $14,650 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,572,572 |
| Advertising and promotion | $32,502 |
| Office expenses | $64,466 |
| Information technology | $218,031 |
| Royalties | $0 |
| Occupancy | $608,026 |
| Travel | $2,989,340 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $56,226 |
| Insurance | $323,920 |
| All other expenses | $680,637 |
| Total functional expenses | $11,184,337 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $374,691 |
| Savings and temporary cash investments | $1,199,655 |
| Pledges and grants receivable | $214,977 |
| Accounts receivable, net | $135,608 |
| 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 | $689,967 |
| Net Land, buildings, and equipment | $44,738 |
| Investments—publicly traded securities | $147,899 |
| Investments—other securities | $4,118,423 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $29,596 |
| Total assets | $6,955,554 |
| Accounts payable and accrued expenses | $315,737 |
| Grants payable | $0 |
| Deferred revenue | $2,308,964 |
| 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 | $29,596 |
| Total liabilities | $2,654,297 |
| Net assets without donor restrictions | $2,043,816 |
| Net assets with donor restrictions | $2,257,441 |
| 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 | $6,955,554 |