Usa Federation For Sport Cheering
- Assets
- $1.3m
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 0
- Location
- Dallas, TX
- Founding
- Data as of
- 06/2022
- EIN
- 26-0402973
Organization Overview
Usa Federation For Sport Cheering is located in Dallas, TX. According to its NTEE Classification (N99) the organization is classified as: Recreation & Sports N.E.C., 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. USA Federation For Sport Cheering 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 06/2022, USA Federation For Sport Cheering generated $1.3m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 16.8% each year . All expenses for the organization totaled $866.7k during the year ending 06/2022. 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
THE USA FEDERATION FOR SPORT CHEERING SERVES AS THE NATIONAL GOVERNING BODY FOR SPORT CHEERING IN THE UNITED STATES AND IS RECOGNIZED BY THE INTERNATIONAL CHEER UNION. USA CHEER EXISTS TO SERVE THE CHEER COMMUNITY, INCLUDING CLUB CHEERING (ALL-STAR), YOUTH RECREATIONAL CHEER, TRADITIONAL SCHOOL BASED CHEER PROGRAMS, AND THE GROWING SPORT OF STUNT. USA CHEER HAS THREE PRIMARY OBJECTIVES: PROMOTE SAFETY AND SAFETY EDUCATION FOR CHEER IN THE UNITED STATES, HELP GROW AND DEVELOP INTEREST AND PARTICIPATION IN CHEER THROUGHOUT THE UNITED STATES, AND REPRESENT THE UNITED STATES OF AMERICA IN THE INTERNATIONAL CHEER COMPETITIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NATIONAL GOVERNING BODY FOR SPORT OF CHEER- USA CHEER PROVIDES SAFETY & RULES TRAINING IN ADDITION TO COACHING AND ATHLETE PROTECTION TRAINING FOR THE COACHES AND ATHLETES IN CHEER AND STUNT.
US NATIONAL TEAMS - USA CHEER SUPPORTS AND TRAINS 17 US NATIONAL TEAMS REPRESENTING CHEER AND DANCE IN THE INTERNATIONAL CHEER UNION WORLD CHAMPIONSHIPS. USA CHEER ALSO SENDS US NATIONAL TEAM REPRESENTATIVES TO INTERNATIONAL EVENTS SUCH AS THE FISU CHAMPIONSHIP AND THE PAN AMERICAN CHAMPIONSHIP.
STUNT - USA CHEER CREATED THE NEW SPORT OF STUNT. USA CHEER HAS INITIATIVES TO EXPAND THE NEW SPORT ACROSS THE COUNTRY FROM COLLEGE, HIGH SCHOOL, YOUTH AND CLUB PROGRAMS. THIS NEW SPORT IS DESIGNED TO SATISFY TITLE IX REQUIREMENTS AT THE COLLEGE AND HIGH SCHOOL LEVEL. IN THIS EXPANSION, USA CHEER SUPPORTS REGIONAL TOURNAMENTS AND THE COLLEGE STUNT NATIONAL CHAMPIONSHIP.
EVENTS - USA CHEER SUMMIT, USA CHEER COMBINES, AND THE ICU WORLD CHAMPIONSHIPS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bill Seely President 1/1-2/8 | OfficerTrustee | 10 | $0 |
Jim Chadwick Vice President & Director | OfficerTrustee | 1 | $0 |
Kim Kaye Vice President & Director | OfficerTrustee | 1 | $0 |
Rhonda Blanford Green Secretary 1/1-2/8, President 2/8-6/3 | OfficerTrustee | 1 | $0 |
Christa Sanford Secretary 2/8-6/30 | OfficerTrustee | 1 | $0 |
Landon Craft Treasurer | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $24,280 |
| Fundraising events | $96,057 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $121,337 |
| Total Program Service Revenue | $1,177,336 |
| 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 | -$61,179 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $28,464 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,265,958 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $3,248 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $62,401 |
| Compensation of current officers, directors, key employees. | $31,201 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $150,955 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $18,430 |
| Payroll taxes | $15,718 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $26,858 |
| Fees for services: Accounting | $10,090 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $43,611 |
| Advertising and promotion | $1,733 |
| Office expenses | $1,890 |
| Information technology | $67,251 |
| Royalties | $0 |
| Occupancy | $31,456 |
| Travel | $154,103 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,788 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $6,327 |
| Insurance | $99,768 |
| All other expenses | $26,734 |
| Total functional expenses | $866,705 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,103,338 |
| 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 | $49,977 |
| Net Land, buildings, and equipment | $6,039 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $105,523 |
| Other assets | $0 |
| Total assets | $1,264,877 |
| Accounts payable and accrued expenses | $4,802,906 |
| Grants payable | $0 |
| Deferred revenue | $172,203 |
| 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 | $4,975,109 |
| Net assets without donor restrictions | $0 |
| 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 | -$3,710,232 |
| Total liabilities and net assets/fund balances | $1,264,877 |
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