Usa Cycling Inc

Organization Overview

Usa Cycling Inc is located in Colorado Springs, CO. The organization was established in 1995. According to its NTEE Classification (N11) the organization is classified as: Single Organization Support, under the broad grouping of Recreation & Sports and related organizations. As of 12/2021, USA Cycling Inc employed 76 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. USA Cycling 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 12/2021, USA Cycling Inc generated $14.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.5% each year. All expenses for the organization totaled $13.6m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

USA CYCLING IS THE NATIONAL GOVERNING BODY FOR CYCLING, MAKING IT RESPONSIBLE FOR THE CONDUCT AND ADMINISTRATION OF CYCLING IN THE USA. THE MISSION OF USA CYCLING IS TO DEVELOP THE SPORT OF CYCLING IN THE UNITED STATES AT ALL LEVELS AND TO ACHIEVE SUSTAINED INTERNATIONAL RACING SUCCESS WHILE FOSTERING A SHARED COMMITMENT TO SAFETY, INTEGRITY, AND THE JOY OF CYCLING.

Describe the Organization's Program Activity:

Part 3 - Line 4a

COACHES, MECHANICS, TRAINING CENTER & ATHLETE DEVELOPMENT: NATIONAL ATHLETE DEVELOPMENT PROGRAMS SUPPORTED APPROXIMATELY 4,100 ATHLETE PARTICIPANT DAYS. APPROXIMATELY 700 TRAINED AND CERTIFIED COACHES AND RACE MECHANICS.


MEMBERSHIP AND EVENT SANCTIONING - APPROXIMATELY 47,850 MEMBERS ARE PROVIDED INSURANCE, RESULTS AND RANKINGS, AND RACING OPPORTUNITIES WHILE PARTICIPATING IN APPROXIMATELY 1,100 EVENTS. MEMBERS ARE ALSO PROVIDED WITH INFORMATION ABOUT CYCLING.


NATIONAL AND INTERNATIONAL EVENTS - APPROXIMATELY 5,280 ATHLETES PARTICIPATED IN 20 NATIONAL CHAMPIONSHIPS AND APPROXIMATELY 2,500 ATHLETES PARTICIPATED IN INTERNATIONAL EVENTS.


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Board, Officers & Key Employees

Name (title)Compensation
Rob Demartini
CEO And President
$359,530
Jim Miller
Chief Of Sports Performance
$236,350
Todd Sowl
CFO And Treasurer
$229,718
Fred Pool
Chief Commercial Office
$217,986
Charles Hodge
Chief Of Racing And Events
$205,172
Matthew Heitman
Chief Marketing Officer
$150,954

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Sedgwick
Legal Claims
$222,313
Fairly Group
Insurance Premium
$521,738
Bowtie
It Contractor
$390,822
Nbc Universal Llc
Advertising
$147,275
Ameritek Global Inc
It Contractor
$137,640
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$1,611,012
Government grants $1,786,805
All other contributions, gifts, grants, and similar amounts not included above$2,113,978
Noncash contributions included in lines 1a–1f $193,754
Total Revenue from Contributions, Gifts, Grants & Similar$5,511,795
Total Program Service Revenue$8,338,218
Investment income $220,823
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $4,244
Net Gain/Loss on Asset Sales $204,243
Net Income from Fundraising Events $0
Net Income from Gaming Activities $33,687
Net Income from Sales of Inventory -$38,744
Miscellaneous Revenue$0
Total Revenue $14,274,266

Grants Recieved

Over the last fiscal year, we have identified 13 grants that Usa Cycling Inc has recieved totaling $3,957,737.

Awarding OrganizationAmount
United States Olympic & Paralympic Committee

Colorado Springs, CO

PURPOSE: OLYMPIC/PARALYMPIC SUPPORT

$1,973,585
Usa Cycling Development Foundation

Colorado Springs, CO

PURPOSE: SUPPORT OF CYCLING PROGRAMS

$1,611,012
Pro Cyclist Foundation

Boulder, CO

PURPOSE: DEVELOP THE SPORT OF CYCLING

$150,000
American Endowment Foundation

Hudson, OH

PURPOSE: SPORTS/LEISURE

$72,800
Crankstart Foundation

San Francisco, CA

PURPOSE: GENERAL SUPPORT

$50,000
Schwab Charitable Fund

San Francisco, CA

PURPOSE: HUMAN SERVICES

$27,100
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$16,980
Earnings$42
Other Expense$42
Ending Balance$16,980

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