American Jump Rope Federation
- Assets
- $209.6k
- Revenue
- $426.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Boulder, CO
- Founding
- 08/2017
- Data as of
- 08/2023
- EIN
- 81-3803710
Organization Overview
American Jump Rope Federation is located in Boulder, CO. The organization was established in 2017. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Jump Rope Federation 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, American Jump Rope Federation generated $426.4k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 38.3% each year . All expenses for the organization totaled $353.3k during the year ending 08/2023. While expenses have increased by 34.3% per year over the past 5 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO LEAD AND SERVE THE SPORT OF JUMP ROPE THROUGH COMMUNITY DEVELOPMENT AND GROWTH ALIGNMENT WITH BEST SPORT PRACTICES AND CONTINUED INNOVATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE US NATIONAL TEAM IS AN ELITE GROUP OF JUMP ROPE ATHLETES WHO HAVE DEMONSTRATED THE HIGHEST LEVEL OF SKILL AND ACHIEVEMENT WITHIN OUR SPORT. THIS TEAM IS COMPRISED OF A DIVERSE GROUP OF INDIVIDUALS WHO HAVE DISPLAYED AN EXPERTISE IN THEIR RESPECTIVE EVENTS THROUGH QUALIFICATION PROCESSES. THESE ATHLETES ARE PROVIDED WITH OPPORTUNITIES TO REPRESENT THE UNITED STATES AT BOTH NATIONAL AND INTERNATIONAL EVENTS.
AMERICAN JUMP ROPE NATIONAL CHAMPIONSHIP IS THE ORGANIZATION'S PREMIER MEMBER EVENT. THE NATIONAL CHAMPIONSHIP WAS HELD IN MILWAUKEE WI IN JUNE 2023. OVER 250 ATHLETES COMPETED FROM ALL OVER THE UNITED STATES.
MEMBERSHIP SANCTIONING & IJRU EVENTS: AMERICAN JUMP ROPE FEDERATION IS A MEMBERSHIP ORGANIZATION WITH OVER 500 MEMBERS. THERE ARE THREE CATEGORIES OF MEMBERSHIP: INDIVIDUAL MEMBERSHIP ONE-DAY EVENT ONLY MEMBERSHIP AND CLUB MEMBERSHIP. INSURANCE GENERAL OPERATING EXPENSES AND TECHNOLOGY COSTS TO SUPPORT THE SCORING INFRASTRUCTURE ARE FUNDED FROM MEMBERSHIP FEES. OVER 275 PARTICIPANTS REGISTERED FOR EVENTS SCHEDULED IN FISCAL YEAR 2022.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mike Fry Director | Trustee | 10 | $0 |
Brian Meek Director | Trustee | 10 | $0 |
Anita Gabel Director | Trustee | 10 | $0 |
Jessica Nicholson Director | Trustee | 5 | $0 |
Brian Hsu President | Officer | 15 | $0 |
Monica Foster Treasurer Interim | Officer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $19,310 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,126 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $20,436 |
| Total Program Service Revenue | $396,143 |
| 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 | $426,435 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $2,000 |
| 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 | $54 |
| 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 | $2,840 |
| Advertising and promotion | $0 |
| Office expenses | $16,917 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $647 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $327,819 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,039 |
| All other expenses | $0 |
| Total functional expenses | $353,316 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $200,685 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $8,870 |
| 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 | $209,555 |
| Accounts payable and accrued expenses | $28,719 |
| 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 | $28,719 |
| Net assets without donor restrictions | $180,836 |
| 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 | $209,555 |