Usa Swimming Inc is located in Thornton, CO. 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 09/2023, USA Swimming Inc employed 2 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 09/2023, USA Swimming Inc generated $746.5k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.9% each year. All expenses for the organization totaled $663.9k during the year ending 09/2023. While expenses have increased by 6.2% per year over the past 8 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
COLORADO SWIMMING IS DEDICATED TO COMPETITIVE EXCELLENCE IN OUR SPORT. WE P.L.E.D.G.E TO KEEP SWIMMING FUN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ATHLETE REGISTRATION - COLORADO SWIMMING REGISTERS YEAR-ROUND AND SEASONAL AMATEUR ATHLETES IN THE STATE OF COLORADO.
AWARDS BANQUET
SANCTION COMPETITION: MEETS & EVENTS: COLORADO SWIMMING SANCTIONS ALL COMPETITIVE SWIMMING EVENTS IN THE STATE OF COLORADO.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jackie Stiff Executive Business Manager | Officer | 40 | $51,502 |
Tristan Cross General Chair | OfficerTrustee | 12 | $0 |
Barbie Barker Administrative Vice Chair | OfficerTrustee | 12 | $0 |
Jillian Hayes Finance Vice Chair | OfficerTrustee | 2 | $0 |
Bill Bartel Treasurer | OfficerTrustee | 2 | $0 |
Erik Eikenbary Senior Vice Chair | OfficerTrustee | 2 | $0 |
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| 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 | $0 |
| Total Program Service Revenue | $703,684 |
| Investment income | $33,035 |
| 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 | $463 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $746,549 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $51,502 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $6,532 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $4,440 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $482 |
| 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 | $27,049 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $19,906 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $663,940 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $57,866 |
| Savings and temporary cash investments | $122,923 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $33,160 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $2,358 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $93 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $299,595 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,120 |
| Total assets | $517,115 |
| 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 | $3,540 |
| Total liabilities | $3,540 |
| 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 | $513,575 |
| Total liabilities and net assets/fund balances | $517,115 |