Usa Nordic Sport Inc
- Assets
- $182.0k
- Revenue
- $3.1m
- Investments
- $0.0
- Employees
- 21
- Location
- Park City, UT
- Founding
- 09/2007
- Data as of
- 05/2022
- EIN
- 26-0231816
Organization Overview
Usa Nordic Sport Inc, operating under the name Ski Jumping Development USA In, is located in Park City, UT. The organization was established in 2007. According to its NTEE Classification (N68) the organization is classified as: Winter Sports, under the broad grouping of Recreation & Sports and related organizations. As of 05/2022, Ski Jumping Development USA In employed 21 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ski Jumping Development USA In 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 05/2022, Ski Jumping Development USA In generated $3.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 23.3% each year . All expenses for the organization totaled $2.9m during the year ending 05/2022. While expenses have increased by 22.3% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT, ADVANCE, AND UNIFY AMERICAN SKI JUMPING AND NORDIC COMBINED AT ALL LEVELS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORTING U.S. MEN AND WOMEN TEAMS COMPETING IN SKI JUMPING AND NORDIC COMBINED EVENTS WORLDWIDE AND DEVELOPING YOUNGER COMPETITORS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Billy Demong Executive Di | Officer | 40 | $74,856 |
Tom Bickner Chair | Trustee | 5 | $0 |
Kevin Arquit Vice Chair | Trustee | 3 | $0 |
Tom Petro Treasurer | Trustee | 7 | $0 |
Rex Bell Chair Emerit | Trustee | 10 | $0 |
Matt Petri Secretary | Trustee | 7 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $403,306 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,799,724 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,203,030 |
| Total Program Service Revenue | $401,033 |
| Investment income | $575 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $300,288 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $156,845 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,079,975 |
| 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. | $74,856 |
| Compensation of current officers, directors, key employees. | $74,856 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $451,381 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $8,739 |
| Payroll taxes | $43,067 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $30,831 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $728,164 |
| Advertising and promotion | $14,349 |
| Office expenses | $30,579 |
| Information technology | $50,198 |
| Royalties | $0 |
| Occupancy | $13,224 |
| Travel | $721,053 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $31,763 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $8,442 |
| All other expenses | $637 |
| Total functional expenses | $2,887,184 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $111,528 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $12,942 |
| 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 | $28,537 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $29,000 |
| Total assets | $182,007 |
| Accounts payable and accrued expenses | $201,117 |
| Grants payable | $0 |
| Deferred revenue | $100,000 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $209,202 |
| Secured mortgages and notes payable | $156,890 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $667,209 |
| Net assets without donor restrictions | -$485,202 |
| 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 | $182,007 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Usa Nordic Sport Inc has recieved totaling $38,656.
| Awarding Organization | Amount |
|---|---|
American Endowment Foundation Hudson, OH PURPOSE: SPORTS/LEISURE | $15,000 |
Goldman Sachs Charitable Gift Fund New York, NY PURPOSE: COMMUNITY OUTREACH & ENRICHMENT PROGRAMS | $10,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $8,000 |
T Rowe Price Program For Charitable Giving Inc Baltimore, MD PURPOSE: MULTIPLE | $5,200 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $256 |
Graco Foundation Minneapolis, MN PURPOSE: GIFT MATCHING | $200 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
United States Figure Skating Association Colorado Springs, CO | $17,642,833 | $19,148,082 |
Usa Hockey Foundation Colorado Springs, CO | $49,949,218 | $18,128,256 |
Ski And Snowboard Club Vail Vail, CO | $13,295,596 | $9,159,333 |
Steamboat Springs Winter Sports Club Inc Steamboat Springs, CO | $1,668,476 | $5,975,021 |
Aspen Valley Ski-Snowboard Club Inc Aspen, CO | $7,027,806 | $6,714,655 |
Cooper Hill Ski Area Inc Leadville, CO | $7,003,868 | $5,855,683 |
Coyotes Amateur Hockey Association Scottsdale, AZ | $1,010,325 | $4,778,819 |
American Alpine Club Golden, CO | $9,490,812 | $5,208,382 |
Sun Valley Ski Education Foundation Inc Sun Valley, ID | $6,420,389 | $4,613,457 |
Utah Ski Association Salt Lake City, UT | $2,005,466 | $3,369,684 |
Usa Nordic Sport Inc Park City, UT | $182,007 | $3,079,975 |
Littleton Hockey Association Littleton, CO | $1,019,905 | $2,579,388 |