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Nonprofiteer
← USA SWIMMING INC

Form 990 for tax year 2023

Filed by USA SWIMMING INC.

Totals

Total revenue
$1,145,557
Total expenses
$902,158
Contributions and grants received
$1,606
Grants paid
$2,690
Program service revenue
$1,100,938
Investment income
$23,736
Other revenue
$19,277
Total assets, end of year
$1,826,227
Total liabilities, end of year
$11,366
Net assets or fund balances, end of year
$1,814,861
Program services expenses (Part IX)
$676,737
Management and general expenses
$225,421
Fundraising expenses
$0
Program service expenses (Part III)
$676,737

Program services were 75.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $1,606

  • 2a · Program service revenue: MEETS AND EVENTS

    total $839,728 · related or exempt $839,728

  • 2b · Program service revenue: CAMPS

    total $253,154 · related or exempt $253,154

  • 2c · Program service revenue: MEMBERSHIP INCOME

    total $8,056 · related or exempt $8,056

  • 3 · Investment income

    total $23,736 · excluded $23,736

  • 5 · Royalties

    total $15,000 · unrelated business $15,000

  • 11a · Other revenue: MISCELLANEOUS

    total $4,277 · related or exempt $1,546 · excluded $2,731

  • 11e · Other revenue, total

    $4,277

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $519 · program services $519

  • 2 · Grants to domestic individuals

    total $2,171 · program services $2,171

  • 5 · Compensation of officers, directors and key employees

    total $106,731 · program services $55,500 · management and general $51,231

  • 7 · Other salaries and wages

    total $73,967 · program services $38,463 · management and general $35,504

  • 10 · Payroll taxes

    total $14,701 · program services $7,645 · management and general $7,056

  • 11b · Fees: legal

    total $64 · program services $59 · management and general $5

  • 11c · Fees: accounting

    total $30,759 · program services $28,298 · management and general $2,461

  • 11f · Fees: investment management

    total $10,508 · management and general $10,508

  • 11g · Fees: other

    total $53,668 · program services $49,375 · management and general $4,293

  • 12 · Advertising and promotion

    total $3,916 · program services $2,036 · management and general $1,880

  • 13 · Office expenses

    total $15,780 · program services $8,206 · management and general $7,574

  • 14 · Information technology

    total $7,690 · program services $3,999 · management and general $3,691

  • 16 · Occupancy

    total $134,645 · program services $90,212 · management and general $44,433

  • 17 · Travel

    total $72,778 · program services $24,017 · management and general $48,761

  • 19 · Conferences, conventions and meetings

    total $1,855 · program services $612 · management and general $1,243

  • 20 · Interest

    total $355 · program services $355

  • 23 · Insurance

    total $1,653 · program services $860 · management and general $793

  • 24a · Other expenses: MEET AND EVENT FEES

    total $344,563 · program services $344,563

  • 24b · Other expenses: AWARDS

    total $14,139 · program services $14,139

  • 24c · Other expenses: MISCELLANEOUS

    total $10,977 · program services $5,708 · management and general $5,269

  • 24d · Other expenses: TAXES

    total $719 · management and general $719

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $673,345 · end of year $790,092

  • 2 · Savings and temporary cash investments

    beginning of year $100,103 · end of year $101,884

  • 4 · Accounts receivable

    beginning of year $37,726 · end of year $5,768

  • 9 · Prepaid expenses and deferred charges

    beginning of year $3,450 · end of year $0

  • 10a · Land, buildings and equipment: cost or other basis

    $33,804

  • 10b · Land, buildings and equipment: accumulated depreciation

    $33,804

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $0

  • 11 · Investments: publicly traded securities

    beginning of year $787,993 · end of year $928,483

  • 17 · Accounts payable and accrued expenses

    beginning of year $31,919 · end of year $11,366

  • 19 · Deferred revenue

    beginning of year $63,068 · end of year $0

  • 25 · Other liabilities

    beginning of year $66,513 · end of year $0

  • 27 · Net assets without donor restrictions

    beginning of year $1,432,457 · end of year $1,804,595

  • 28 · Net assets with donor restrictions

    beginning of year $8,660 · end of year $10,266

Mission and programs · 2023

Mission

CAMPS FOR TRAINING, DEVELOPING, AND PROMOTING SWIMMERS TO EXCEL IN THE SPORT. THE VERY SPECIAL CAMP THIS YEAR INCLUDED ATTENDING OLYMPIC TRIALS.

Activities or mission (Part I)

PROMOTE THE SPORT OF SWIMMING FOR ALL AGES, COMPETITIVELY, AND LEARN-TO-SWIM PROGRAMS. INSPIRING EXCELLENCE WITH PROGRESSIVE AND INNOVATIVE PROGRAMMING TO BE INCLUSIVE OF ALL DIVERSITY.

  • INDIANA SWIMMING GOVERNS THE SPORT OF SWIMMING IN THE STATE OF INDIANA INCLUDING MEETS AND EVENTS TO PROMOTE THE SPORT.

    Expenses $676,737 · Grants $2,690 · Revenue $1,102,484

As filed on the 2023 return.

Listed in Part VII

  • Mickey Smythe

    GENERAL CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Alec Haley

    SENIOR VICE CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Tim Haley

    ADMIN VICE CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Ben Sutton

    AGE GROUP VICE CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Noah Berryman

    SECRETARY

    Total calculated
    $0
    Hours/week
    1
  • Lucy Duncan

    FINANCE CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Mike Chapman

    COACHES REP

    Total calculated
    $0
    Hours/week
    1
  • Matt Dorsch

    OPEN WATER CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Tom Johnson

    PAST GENERAL CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Jihoon Jung

    SENIOR ATHLETE REP

    Total calculated
    $0
    Hours/week
    1
  • Missy McCracken

    SAFE SPORT COORDINATOR

    Total calculated
    $0
    Hours/week
    1
  • Cyndi Miller

    OFFICIALS CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Gwen Morris

    TECHNICAL CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Paul Stockett

    DDI CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Tenley Wilkins

    JUNIOR ATHLETE REP

    Total calculated
    $0
    Hours/week
    1
  • Jack Waren

    AT LARGE ATHLETE REP

    Total calculated
    $0
    Hours/week
    1
  • Exley Tricker

    AT LARGE ATHLETE REP

    Total calculated
    $0
    Hours/week
    1
  • Tony Young

    EXECUTIVE DIRECTOR

    Total calculated
    $106,731
    From this org
    $106,731
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
29 May 2025
IRS schema version
2023v6.0
Source object
202501769349300615

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