Usa Track & Field Inc
- Assets
- $84.2k
- Revenue
- $141.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Atlanta, GA
- Founding
- 10/1983
- Data as of
- 12/2022
- EIN
- 58-1875148
Organization Overview
Usa Track & Field Inc is located in Atlanta, GA. The organization was established in 1983. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, under the broad grouping of Recreation & Sports and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. USA Track & Field 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 12/2022, USA Track & Field Inc generated $141.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (10.7%) each year. All expenses for the organization totaled $88.9k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (16.7%) per year over the past 5 years. 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
THIS ORGANIZATION ACTS AS THE GOVERNING BODY FOR TRACK AND FIELD IN THE STATE OF GEORGIA. OUR PURPOSE IS TO DEVELOP INTEREST IN THE SPORT, PROMOTE TRACK AND FIELD BY CONDUCTING COMPETITIONS AND EVENTS, AND GENERATING PUBLIC AWARENESS APPRECIATION AND SUPPORT TO CREATE OPPORTUNITIES FOR ATHLETES
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOSTED CHAMPIONSHIP MEETS AND SANCTIONING EVENTS.
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 |
|---|---|---|---|
Mathew Chestnut President | OfficerTrustee | 6 | $0 |
Lamar Grant Executive Vice President | OfficerTrustee | 2 | $0 |
Phil Ozell VP Of Communications | OfficerTrustee | 2 | $0 |
Inez Finch VP Of Sponsorhips | OfficerTrustee | 4 | $0 |
Tom Rentenbach Treasurer | OfficerTrustee | 2 | $0 |
Rhonda Broome Secretary | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $53,320 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| 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 | $53,320 |
| Total Program Service Revenue | $87,670 |
| Investment income | $0 |
| 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 | $140,990 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $6,560 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,040 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $89 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $4,444 |
| Travel | $0 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $88,894 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $84,239 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $84,239 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $84,239 |
| 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 | $84,239 |
Grants Awarded
Over the last fiscal year, Usa Track & Field Inc has awarded $11,548 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
ALPHA CRUSH RUNNING PURPOSE: TO HELP FACILITATE PARTICIPATION IN TRACK AND FIELD COMPETITION IN GEAORGIA, THE ORGANIZATION ASSISTS MEMBER TRACK CLUBS TO OFFSET COSTS OF ENTRY FEES FOR THE INDIVIDUALS COMPETEING IN CHAMPIONSHIP MEETS.TO HELP FACILITATE PARTICIPATION IN TRACK AND FIELD COMPETITION IN GEAORGIA, THE ORGANIZATION ASSISTS MEMBER TRACK CLUBS TO OFFSET COSTS OF ENTRY FEES FOR THE INDIVIDUALS COMPETEING IN CHAMPIONSHIP MEETS. TO HELP FACILITATE PARTICIPATION IN TRACK AND FIELD COMPETITION IN GEAORGIA, THE ORGANIZATION ASSISTS MEMBER TRACK CLUBS TO OFFSET COSTS OF ENTRY FEES FOR THE INDIVIDUALS COMPETEING IN CHAMPIONSHIP MEETS. | $320 |
ATL ZOOM ATHLETICS PURPOSE: TO HELP FACILITATE PARTICIPATION IN TRACK AND FIELD COMPETITION IN GEAORGIA, THE ORGANIZATION ASSISTS MEMBER TRACK CLUBS TO OFFSET COSTS OF ENTRY FEES FOR THE INDIVIDUALS COMPETEING IN CHAMPIONSHIP MEETS. | $660 |
ATLANTA TRACK CLUB INC - YOUTH PURPOSE: TO HELP FACILITATE PARTICIPATION IN TRACK AND FIELD COMPETITION IN GEAORGIA, THE ORGANIZATION ASSISTS MEMBER TRACK CLUBS TO OFFSET COSTS OF ENTRY FEES FOR THE INDIVIDUALS COMPETEING IN CHAMPIONSHIP MEETS. | $280 |
ETOWAH YOUTH TRACK CLUB PURPOSE: TO HELP FACILITATE PARTICIPATION IN TRACK AND FIELD COMPETITION IN GEAORGIA, THE ORGANIZATION ASSISTS MEMBER TRACK CLUBS TO OFFSET COSTS OF ENTRY FEES FOR THE INDIVIDUALS COMPETEING IN CHAMPIONSHIP MEETS. | $340 |
CREEKVIEW YOUTH TRACK AND XC PURPOSE: TO HELP FACILITATE PARTICIPATION IN TRACK AND FIELD COMPETITION IN GEAORGIA, THE ORGANIZATION ASSISTS MEMBER TRACK CLUBS TO OFFSET COSTS OF ENTRY FEES FOR THE INDIVIDUALS COMPETEING IN CHAMPIONSHIP MEETS. | $580 |
DRIVE PHASE PURPOSE: TO HELP FACILITATE PARTICIPATION IN TRACK AND FIELD COMPETITION IN GEAORGIA, THE ORGANIZATION ASSISTS MEMBER TRACK CLUBS TO OFFSET COSTS OF ENTRY FEES FOR THE INDIVIDUALS COMPETEING IN CHAMPIONSHIP MEETS. | $2,130 |