Usa Swimming Inc
- Assets
- $4.5m
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 5
- Location
- Discovery Bay, CA
- Founding
- 03/2006
- Data as of
- 08/2023
- EIN
- 94-2701340
Organization Overview
Usa Swimming Inc is located in Discovery Bay, CA. 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 08/2023, USA Swimming Inc employed 5 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 08/2023, USA Swimming Inc generated $1.4m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $949.4k during the year ending 08/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, USA Swimming Inc has awarded 88 individual grants totaling $1,457,343. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
INSPIRING A PASSION FOR SWIMMING AND MAKING A DIFFERENCE IN THE LIVES OF OUR MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE O.DURING THIS 2022-2023 FISCAL YEAR, OUR ORGANIZATION EXPERIENCED A MORE TYPICAL OPERATING YEAR, SIMILAR TO THE PRE-COVID YEARS. THIS YEAR WE HELD ALL OF OUR CHAMPIONSHIP MEETS AND FULLY PARTICIPATED IN ALL OF OUR NORMAL ALL-STAR TEAM TRAVEL OPPORTUNITIES. OUR MEMBER CLUBSHOSTED A SIMILAR NUMBER OF MEETS TO THE PRIOR YEAR, CONTINUING TO GIVE OUR ATHLETES AS MANY OPPORTUNITIES TO COMPETE AS POSSIBLE. WE TOOK A GROUP OF ATHLETES TO THE OLYMPIC TRAINING CENTER IN COLORADO SPRINGS FOR A CAMP FOCUSED ON ELITE DISTANCE SWIMMING FOR THE FIRST TIME SINCE 2019. WE BROUGHT OUR STAFF BACK UP TO PRE-COVID LEVELS AND HOSTED OUR FIRST LSC WIDE IN-PERSON TRAINING EVENT FOR OFFICIALS AND COACHES SINCE 2019. WE HELD OUR ANNUAL AWARDS BANQUET IN PERSON SINCE COVID, TO CELEBRATE OUR ATHLETES' ACCOMPLISHMENTS. OUR PROGRAMMING COMMITMENT TO SENIOR ATHLETE TRAVEL NEARLY DOUBLED COMPARED TO LAST YEAR, AND OUR AGE GROUP PROGRAMMING ALSO INCREASED, WE HOSTED A HYBRID (IN-PERSON AND REMOTE) LEADERSHIP SUMMIT FOR OUR ATHLETE REPRESENTATIVES TO CONTINUE TO EXPAND THEIR KNOWLEDGE AND EXPERIENCE IN GOVERNANCE, PARTICIPATE IN A COLLEGE RECRUITING FORUM AND SPEND TIME WITH AN NCAA CHAMPION ATHLETE. WE CONTINUE OUR EFFORTS TO INCREASE VOLUNTEER ENGAGEMENT AFTER COVID TO ENSURE THE FUTURE OF OUR MISSION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Cottam General Chair | OfficerTrustee | 10 | $0 |
Leo Lin Administrative Vice Chair & Interim General Chair | OfficerTrustee | 20 | $0 |
Veronica Hernandez Program Operations Vice Ch | OfficerTrustee | 6 | $0 |
Marie Lin Secretary | OfficerTrustee | 2 | $0 |
Mary Ruddell Finance Vice Chair | OfficerTrustee | 25 | $0 |
Erik Scalise Program Development Vice C | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $325,315 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $9,343 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $334,658 |
| Total Program Service Revenue | $749,151 |
| Investment income | $163,016 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $101,275 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $687 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,365,825 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $438,101 |
| 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 | $233,268 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $18,443 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| 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 | $50,899 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $8,587 |
| Royalties | $0 |
| Occupancy | $39,004 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,257 |
| Interest | $4,427 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,354 |
| All other expenses | $28,951 |
| Total functional expenses | $949,444 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $861,552 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $9,413 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $19,152 |
| Prepaid expenses and deferred charges | $42,944 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $3,545,943 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,479,004 |
| Accounts payable and accrued expenses | $100,894 |
| Grants payable | $0 |
| Deferred revenue | $110 |
| 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 | $101,004 |
| Net assets without donor restrictions | $4,344,459 |
| Net assets with donor restrictions | $33,541 |
| 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 | $4,479,004 |
Grants Awarded
Over the last fiscal year, Usa Swimming Inc has awarded $155,497 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
PLEASANTON SEA HAWKS INC PURPOSE: ATHLETE TRAVEL SUPPORT | $11,213 |
WALNUT CREEK AQUABEARS PURPOSE: ATHLETE TRAVEL SUPPORT | $5,900 |
QUICKSILVER SWIMMING PURPOSE: ATHLETE TRAVEL SUPPORT | $11,138 |
ORINDA AQUATICS INC PURPOSE: ATHLETE TRAVEL SUPPORT | $11,225 |
TERRAPINS SWIM TEAM PURPOSE: ATHLETE TRAVEL SUPPORT | $6,500 |
MAXWELL BYERS PURPOSE: ATHLETE TRAVEL SUPPORT | $13,625 |