Usa Swimming Inc
- Assets
- $1.1m
- Revenue
- $876.4k
- Investments
- $0.0
- Employees
- 3
- Location
- McLean, VA
- Founding
- 03/2006
- Data as of
- 08/2022
- EIN
- 31-1012959
Organization Overview
Usa Swimming Inc is located in McLean, VA. 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 08/2022, USA Swimming Inc employed 3 individuals. This organization is a subordinate organization within 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 08/2022, USA Swimming Inc generated $876.4k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.7%) each year. All expenses for the organization totaled $725.6k during the year ending 08/2022. As we would expect to see with falling revenues, expenses have declined by (4.8%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, USA Swimming Inc has awarded 17 individual grants totaling $199,040. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
GOVERNING BODY FOR COMPETITIVE SWIMMING IN THE DC METRO AREA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PVS CHAMPIONSHIP AND SANCTIONED SWIM MEETS - CONDUCTED AND SANCTIONED SWIM MEETS IN THE DC METRO AREA FOR OVER 12,756 ATHLETES. PVS ALSO ORGANIZES A TEAM OF SWIMMERS TO REPRESENT PVS AT THE EASTERN ZONE LONG COURSE CHAMPIONSHIP MEET.
MEMBERSHIP- THE ANNAUL PVS MEMBERSHIP ALLOWS MEMBERSHIP WITH THE USA SWIMMING ORGANIZATION AND ALLOWS ATHLETES TO PARTICIPATE IN MEETS AND CLUB PRACTICES.
EDUCATION AND ADVANCEMENT - PVS PROVIDES EDUCATION AND SUPPORT TO OFFICIALS THROUGH CAMPS, WORKSHOPS, AND CLINICS IN ORDER TO IMPROVE ALL ASPECTS OF COMPETITIVE SWIMMING. SUBJECTS INCLUDE COMPETITIVE SWIMMING RULES AND REGULATIONS, CLUB MANAGEMENT, INCLUSION AND DIVERSITY, AND USA SWIMMING'S SAFE SPORT INITIATIVE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kimberly Bullers Treasurer | Officer | 4 | $40,000 |
Tim Husson General Chair | OfficerTrustee | 10 | $0 |
Bob Walker Administrative Vice Chair | OfficerTrustee | 4 | $0 |
Evan Stiles Senior Vice Chair | OfficerTrustee | 4 | $0 |
Carolyn Kotarski Operations Vice Chair | OfficerTrustee | 4 | $0 |
James Foster Finance Vice Chair | OfficerTrustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $248,927 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $27,050 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $275,977 |
| Total Program Service Revenue | $591,137 |
| Investment income | $4,316 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $876,376 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $33,600 |
| Grants and other assistance to domestic individuals. | $23,205 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $40,000 |
| Compensation of current officers, directors, key employees. | $40,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $90,506 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $9,995 |
| Fees for services: Management | $30,828 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,221 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $2,887 |
| Fees for services: Other | $70,319 |
| Advertising and promotion | $425 |
| Office expenses | $2,422 |
| Information technology | $3,368 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $7,397 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $1,844 |
| Total functional expenses | $725,590 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $273,989 |
| Savings and temporary cash investments | $458,102 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $13,899 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $373,410 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,000 |
| Total assets | $1,120,400 |
| Accounts payable and accrued expenses | $67,337 |
| Grants payable | $0 |
| Deferred revenue | $90,444 |
| 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 | $0 |
| Total liabilities | $157,781 |
| Net assets without donor restrictions | $962,619 |
| 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 | $1,120,400 |
Grants Awarded
Over the last fiscal year, Usa Swimming Inc has awarded $21,700 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
NATION'S CAPITAL SWIM CLUB PURPOSE: Athlete travel grants | $13,300 |
ARLINGTON AQUATIC CLUB PURPOSE: Athlete travel grants | $8,400 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Divers Alert Network Durham, NC | $37,418,607 | $12,273,989 |
Mecklenburg Aquatic Club Inc Charlotte, NC | $2,813,176 | $4,694,169 |
Nova Of Virginia Aquatics Inc Richmond, VA | $8,429,552 | $3,737,460 |
Occoquan Swimming Inc Manassas, VA | $416,953 | $2,263,892 |
Hollow Rock Racquet And Swim Club Inc Durham, NC | $3,219,714 | $2,479,240 |
Raleigh Swimming Association Raleigh, NC | $3,136,776 | $2,156,316 |
United States Power Squadrons Raleigh, NC | $2,932,406 | $2,085,267 |
American Canoe Association Fredericksburg, VA | $2,935,103 | $2,005,196 |
Excel Aquatics Brentwood, TN | $851,394 | $1,571,381 |
Old Dominion Boat Club Alexandria, VA | $11,245,214 | $1,105,837 |
Nashville Aquatic Club Nashville, TN | $573,153 | $1,290,870 |
Tide Swimming Virginia Beach, VA | $1,525,215 | $1,751,645 |