United States Of America Wrestling Association
- Assets
- $18.9m
- Revenue
- $19.6m
- Investments
- $4.3m
- Employees
- 52
- Location
- Colorado Springs, CO
- Founding
- 02/1972
- Data as of
- 08/2023
- EIN
- 36-2667348
Organization Overview
United States Of America Wrestling Association, operating under the name Usa Wrestling, is located in Colorado Springs, CO. The organization was established in 1972. As of 08/2023, USA Wrestling employed 52 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. USA Wrestling 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 08/2023, USA Wrestling generated $19.6m 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 $17.2m during the year ending 08/2023. 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
USA WRESTLING, GUIDED BY THE OLYMPIC SPIRIT, PROVIDES QUALITY OPPORTUNITIES FOR ITS MEMBERS TO ACHIEVE THEIR FULL HUMAN AND ATHLETIC POTENTIAL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NATIONAL TEAMS PROGRAMS:PROVIDED OPPORTUNITIES FOR MORE THAN TWO HUNDRED SEVENTY ATHLETES, ON THE U15, U17, U20, U23, VETERANS AND OLYMPIC LEVELS, PLUS SUPPORT STAFF, TO PARTICIPATE IN APPROXIMATELY NINETY PLUS INTERNATIONAL TOURS, TRAINING CAMPS, AND/OR TOURNAMENTS. ASSISTED WITH THE TRAINING EXPENSES FOR MORE THAN ONE HUNDRED WRESTLERS ON THE SENIOR LEVEL NATIONAL TEAMS AND AN ADDITIONAL FIFTY PLUS HIGHLY RANKED SENIOR LEVEL WRESTLERS WHO PERFORMED WELL IN VARIOUS COMPETITIONS.
PROMOTIONS/SPORT DEVELOPMENT/BROADCASTING:PROVIDED SERVICES, PRODUCTION, PROMOTION, COORDINATION AND OTHER EXPENSES TO INCREASE MEDIA AND PUBLIC EXPOSURE AND FAMILIARITY WITH THE SPORT OF WRESTLING AND TO ENCOURAGE PARTICIPATION. PROMOTED THE SPORT BY PLANNING AND PROMOTING TRAVEL FOR WRESTLING FANS AND WRESTLER FAMILIES TO THE BELGRADE WORLD CHAMPIONSHIPS IN SEPTEMBER 2022.
MEMBERSHIP/STATE SERVICES:PROVIDED MEDICAL AND LIABILITY INSURANCE TO COVER APPROXIMATELY 252,900 WRESTLERS, 43,680 WRESTLING LEADERS, 5,060 WRESTLING CLUBS AND 2,175 WRESTLING EVENTS. PROVIDED FUNDS AND INSTRUCTIONAL MATERIAL TO STATE ORGANIZATIONS AND MEMBER CLUBS. PROVIDED ORGANIZATIONAL INFORMATION VIA THE WEBSITE AND NEWSLETTERS TO PROMOTE KNOWLEDGE OF AND OPPORTUNITIES TO PARTICIPATE IN THE SPORT.
EVENTS AND EDUCATIONAL PROGRAMS:PROVIDE OPPORTUNITIES TO OUR 252,900 MEMBERS OF 14U (UWW U15), 16U (UWW U17), JUNIORS (UWW U20), UWW U23S, VETERANS AND OLYMPIC LEVEL TO COMPETE IN APPROXIMATELY FORTY INTERNATIONAL-, NATIONAL-, AND REGIONAL-LEVEL EVENTS. ALSO COORDINATED SPORTS SCIENCE RESEARCH REGARDING WRESTLING AND EDUCATIONAL PROGRAMS AVAILABLE TO OUR 43,680 WRESTLING LEADERS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jay Antonelli Board Member | Trustee | 5 | $0 |
Veronica Carlson Board Member | Trustee | 5 | $1,500 |
Robert Cate Board Member | Trustee | 5 | $0 |
Zac Dominguez Board Member | Trustee | 5 | $0 |
James Considine Board Member | Trustee | 5 | $0 |
Anthony Holman Board Member | Trustee | 5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Quad Graphics Printing Services | 8/30/19 | $216,712 |
Northern Michigan University Nmu Coaches | 8/30/19 | $194,180 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,708,975 |
| Noncash contributions included in lines 1a–1f | $432,296 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,708,975 |
| Total Program Service Revenue | $15,237,374 |
| Investment income | $234,703 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $400,000 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$21,400 |
| Net Income from Fundraising Events | $6,632 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $19,566,284 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $1,591,258 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $761,525 |
| Compensation of current officers, directors, key employees. | $72,194 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,831,016 |
| Pension plan accruals and contributions | $184,159 |
| Other employee benefits | $1,070,832 |
| Payroll taxes | $313,893 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $128,778 |
| Fees for services: Accounting | $14,800 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $26,540 |
| Fees for services: Other | $852,118 |
| Advertising and promotion | $56,600 |
| Office expenses | $655,139 |
| Information technology | $150,491 |
| Royalties | $0 |
| Occupancy | $49,556 |
| Travel | $3,678,034 |
| 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 | $104,508 |
| Insurance | $1,938,573 |
| All other expenses | $709,734 |
| Total functional expenses | $17,205,864 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,028,172 |
| Savings and temporary cash investments | $2,920,077 |
| Pledges and grants receivable | $383,214 |
| Accounts receivable, net | $326,476 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $210,774 |
| Prepaid expenses and deferred charges | $554,649 |
| Net Land, buildings, and equipment | $520,685 |
| Investments—publicly traded securities | $8,693,972 |
| Investments—other securities | $4,289,282 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $18,927,301 |
| Accounts payable and accrued expenses | $2,703,323 |
| Grants payable | $0 |
| Deferred revenue | $977,173 |
| 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 | $3,680,496 |
| Net assets without donor restrictions | $8,073,457 |
| Net assets with donor restrictions | $7,173,348 |
| 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 | $18,927,301 |