U S A Team Inc
- Assets
- $7.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Quincy, MA
- Founding
- 01/2017
- Data as of
- 12/2020
- EIN
- 81-3173678
Organization Overview
U S A Team Inc is located in Quincy, MA. The organization was established in 2017. According to its NTEE Classification (N70) the organization is classified as: Amateur Sports Competitions, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. U S A Team 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 12/2020, U S A Team Inc generated $6.7k 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 (21.7%) each year. All expenses for the organization totaled $2.1k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (35.7%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3
TO PROMOTE AWARENESS AND ENTHUSIASM FOR UNITED STATES PARTICIPATION IN THE SPORT OF INTERNATIONAL POWER BOATING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Allen President | 0 | $0 | |
Rachel Warnock Treasurer | 0 | $0 | |
Mike Akerstrom Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,732 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $6,732 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $650 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,405 |
| Total expenses | $2,055 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $7,495 |
| Other assets | $0 |
| Total assets | $7,495 |
| Total liabilities | $0 |
| Net assets or fund balances | $7,495 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that U S A Team Inc has recieved totaling $7,500.
| Awarding Organization | Amount |
|---|---|
A P B A Historical Society Inc Clinton Township, MI PURPOSE: PROGRAM SUPPORT | $7,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
America East Boston, MA | $5,719,263 | $6,183,979 |
Laureus Sport For Good Foundation Of America New York, NY | $6,727,173 | $4,372,530 |
Open Squash Inc New York, NY | $5,357,253 | $1,806,431 |
Hayden Synchronized Skating Teams Inc Woburn, MA | $867,521 | $1,759,773 |
Connecticut State Golf Association Inc Rocky Hill, CT | $2,099,281 | $1,823,029 |
New York Yacht Club Regatta Association Inc New York, NY | $782,002 | $1,482,419 |
Aurora Ice Association Inc East Aurora, NY | $3,480,077 | $1,014,399 |
East Coast Conference West Babylon, NY | $1,556,768 | $907,692 |
Connecticut Sports Management Group Inc Middletown, CT | $277,268 | $757,611 |
New England Amateur Skating Foundation Inc Providence, RI | $687,588 | $557,183 |
The Riverside Boat Club Of Cambridge Cambridge, MA | $2,915,123 | $606,845 |
Section One Inc Harrison, NY | $1,084,952 | $642,648 |