United States Of America Wrestling Association
- Assets
- $12.3m
- Revenue
- $11.1m
- Investments
- $3.3m
- Employees
- 43
- Location
- Colorado Springs, CO
- Founding
- 02/1972
- Data as of
- 08/2020
- EIN
- 36-2667348
Organization Overview
United States Of America Wrestling Association, operating under the name Usa Wrestling, is located in Colorado Springs, CO. The organization was established in 1972. As of 08/2021, USA Wrestling employed 43 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. USA Wrestling 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 08/2020, USA Wrestling generated $11.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (8.0%) each year. All expenses for the organization totaled $12.2m during the year ending 08/2020. As we would expect to see with falling revenues, expenses have declined by (5.8%) per year over the past 6 years. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
USA WRESTLING (USAW), GUIDED BY THE OLYMPIC SPIRIT, PROVIDES QUALITY OPPORTUNITIES (SEE SCHEDULE O) FOR ITS MEMBERS TO ACHIEVE THEIR FULL HUMAN AND ATHLETIC POTENTIAL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NATIONAL TEAMS PROGRAMS:PROVIDED OPPORTUNITIES FOR MORE THAN THREE HUNDRED TWENTY ATHLETES, ON THE CADET, JUNIOR, U23, UWW JUNIORS, VETERANS AND OLYMPIC LEVELS PLUS SUPPORT STAFF, TO PARTICIPATE IN APPROXIMATELY FIFTY PLUS INTERNATIONAL TOURS, TRAINING CAMPS, AND/OR TOURNAMENTS. ASSISTED WITH THE TRAINING EXPENSES FOR MORE THAN NINETY WRESTLERS ON THE SENIOR LEVEL NATIONAL TEAMS AND AN ADDITIONAL TWENTY PLUS HIGHLY RANKED SENIOR LEVEL WRESTLERS WHO PERFORMED WELL IN VARIOUS COMPETITIONS.
MEMBERSHIP:PROVIDED MEDICAL AND LIABILITY INSURANCE TO COVER APPROXIMATELY 116,800 WRESTLERS, 25,300 WRESTLING LEADERS, 3,300 WRESTLING CLUBS AND 900 WRESTLING EVENTS. PROVIDED FUNDS AND INSTRUCTIONAL MATERIAL TO STATE ORGANIZATIONS AND MEMBER CLUBS. PROVIDED USAW'S PUBLICATION, THE USA WRESTLER, DIGITALLY OR IN HARD COPY, TO ALL MEMBERS TO PROMOTE KNOWLEDGE OF AND OPPORTUNITIES TO PARTICIPATE IN THE SPORT.
EVENTS AND EDUCATIONAL PROGRAMS:PROVIDE OPPORTUNITIES TO OUR 116,800 MEMBERS OF KIDS, CADETS, JUNIORS, UWW JUNIORS, U-23S, VETERANS AND OLYMPIC LEVEL TO COMPETE IN APPROXIMATELY FIFTY INTERNATIONAL-, NATIONAL-, AND REGIONAL-LEVEL EVENTS. ALSO COORDINATED SPORTS SCIENCE RESEARCH REGARDING WRESTLING AND EDUCATIONAL PROGRAMS AVAILABLE TO OUR 25,300 WRESTLING LEADERS.
PROMOTIONS/SPORT DEVELOPMENT/BROADCASTING:PROVIDED SERVICES, PRODUCTION, PROMOTION, COORDINATION AND OTHER EXPENSES TO INCREASE MEDIA AND PUBLIC EXPOSURE AND FAMILIARITY WITH THE SPORT OF WRESTLING AND TO ENCOURAGE PARTICIPATION. PROMOTED THE SPORT BY PLANNING AND PROMOTING TRAVEL FOR WRESTLING FANS AND WRESTLER FAMILIES TO THE TOYKO OLYMPIC GAMES IN AUGUST 2021. THE LATTER WAS CIRCUMVENTED BY COVID PROTOCOLS BUT SOME PREPAID COSTS WERE NOT RECOVERED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard S Bender Executive Director | Officer | 60 | $385,885 |
Leslie L Gutches Assoc Exec Dir Prog & Strat | Officer | 50 | $177,805 |
William Zadick Natl Freestyle Coach | 40 | $171,707 | |
Steven H Fraser Chief Of Donor Relations | 40 | $150,776 | |
Terry L Steiner Natl Womens Freestyle Coach | 40 | $150,577 | |
Pete Isais Director Of Natl Events | 45 | $142,880 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Quad Graphics Printing Services | 8/30/19 | $216,712 |
Northern Michigan University Nmu Coaches | 8/30/19 | $194,180 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,379,908 |
| Investment income | $103,593 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $402,756 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $71,051 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $11,087,912 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $834,055 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $850,824 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,243,052 |
| Pension plan accruals and contributions | $163,922 |
| Other employee benefits | $661,656 |
| Payroll taxes | $272,130 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $13,381 |
| Fees for services: Accounting | $12,675 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $23,469 |
| Fees for services: Other | $535,774 |
| Advertising and promotion | $2,337 |
| Office expenses | $565,172 |
| Information technology | $16,498 |
| Royalties | $0 |
| Occupancy | $59,497 |
| Travel | $1,639,767 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $2,467 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $80,331 |
| Insurance | $2,145,853 |
| All other expenses | $0 |
| Total functional expenses | $12,161,302 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,281,833 |
| Savings and temporary cash investments | $992,031 |
| Pledges and grants receivable | $1,156,452 |
| Accounts receivable, net | $73,312 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $256,181 |
| Prepaid expenses and deferred charges | $745,883 |
| Investments—publicly traded securities | $3,003,417 |
| Investments—other securities | $3,322,801 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $12,261,611 |
| Accounts payable and accrued expenses | $1,204,464 |
| Grants payable | $0 |
| Deferred revenue | $776,256 |
| 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 | $630,000 |
| Other liabilities | $0 |
| Total liabilities | $2,610,720 |
| 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 |
| Total liabilities and net assets/fund balances | $9,650,891 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that United States Of America Wrestling Association has recieved totaling $2,217,248.
| Awarding Organization | Amount |
|---|---|
United States Olympic & Paralympic Committee Colorado Springs, CO PURPOSE: OLYMPIC/PARALYMPIC SUPPORT | $2,142,488 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $43,500 |
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: CULTURE | $11,000 |
Morgan Stanley Global Impact Funding Trust Inc Indianapolis, IN PURPOSE: UNRESTRICTED GENERAL SUPPORT | $10,000 |
Colorado Springs Sports Corporation Colorado Springs, CO PURPOSE: SPORTS PROG. SUPPORT | $10,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $260 |
Endowment Analysis
| Beg. Balance | $1,742,508 |
| Earnings | $247,290 |
| Ending Balance | $1,989,798 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
United States Of America Wrestling Association Colorado Springs, CO | $12,261,611 | $11,087,912 |
U S Speedskating Kearns, UT | $2,498,411 | $5,191,003 |
Loveland Ski Club Inc Georgetown, CO | $367,022 | $1,348,379 |
Norco Juniors Inc Loveland, CO | $15,170,300 | $4,725,133 |
Sunkist Kids Wrestling Club Inc Phoenix, AZ | $51,140 | $922,214 |
Arizona High School Rodeo Association Inc San Tan Valley, AZ | $222,584 | $884,408 |
Gymnastics Club Inc Bartlesville, OK | $920,727 | $713,653 |
United States Handball Association Tucson, AZ | $3,996,208 | $1,287,285 |
Team Evergreen Bicycle Club Inc Evergreen, CO | $0 | $409,404 |
Sokol South Omaha Omaha, NE | $2,662,177 | $320,174 |
Premier Booster Club Omaha, NE | $146,303 | $242,964 |
Bicycle Racing Association Of Colorado Littleton, CO | $81,605 | $0 |