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Nonprofiteer
← USA SWIMMING FOUNDATION

Form 990 for tax year 2024

Filed by USA SWIMMING FOUNDATION.

Totals

Total revenue
$6,386,245
Total expenses
$4,595,149
Contributions and grants received
$2,269,760
Grants paid
$2,272,835
Program services expenses (Part IX)
$3,235,641
Management and general expenses
$637,179
Fundraising expenses
$722,329
Program service expenses (Part III)
$3,235,641

Program services were 70.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • TIMOTHY HINCHEY

    CEO (to 08/2024)

    Total calculated
    $1,051,489
    From this org
    $0
    From related orgs
    $981,472
    Other
    $70,017
    Hours/week
    5 + 35 related

    Schedule J breakdown matched by us

    Base
    not reported + $575,241 related
    Bonus
    not reported
    Other
    not reported + $406,231 related
    Deferred
    not reported + $20,700 related
    Nontaxable benefits
    not reported + $49,317 related
    Filer's total
    not reported + $1,051,489 related

  • Shana Ferguson

    INTERIM CEO (from 8/2024)

    Total calculated
    $477,650
    From this org
    $0
    From related orgs
    $406,947
    Other
    $70,703
    Hours/week
    5 + 35 related

    Schedule J breakdown matched by us

    Base
    not reported + $298,947 related
    Bonus
    not reported + $108,000 related
    Other
    not reported
    Deferred
    not reported + $34,500 related
    Nontaxable benefits
    not reported + $36,203 related
    Filer's total
    not reported + $477,650 related

  • ERIC SKUFCA

    CHIEF FINANCIAL OFFICER

    Total calculated
    $401,204
    From this org
    $0
    From related orgs
    $323,991
    Other
    $77,213
    Hours/week
    5 + 35 related

    Schedule J breakdown matched by us

    Base
    not reported + $257,741 related
    Bonus
    not reported + $66,250 related
    Other
    not reported
    Deferred
    not reported + $33,125 related
    Nontaxable benefits
    not reported + $44,088 related
    Filer's total
    not reported + $401,204 related

  • DAVID SHACKLEY

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    4

  • ANNE BERRY

    VICE-CHAIR

    Total calculated
    $0
    Hours/week
    4

  • jay definis

    TREASURER

    Total calculated
    $0
    Hours/week
    4

  • ELIZABETH BEISEL

    secretary

    Total calculated
    $0
    Hours/week
    4

  • CYNTHIA EUBANKS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • CULLEN JONES

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • JILL BORNSTEIN

    director

    Total calculated
    $0
    Hours/week
    4

  • DAWSON HUGHES

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • ALEX BLAVATNIK

    TREASURER

    Total calculated
    $0
    Hours/week
    4

  • GREG PINCHBECK

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • JON KOSSOW

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • TIM BUCKLEY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • Kimberly Chen Bock

    Director

    Total calculated
    $0
    Hours/week
    4

  • Dan Clough

    Director

    Total calculated
    $0
    Hours/week
    4

  • John Enquist

    Director

    Total calculated
    $0
    Hours/week
    4

  • Kelley Gay

    Director

    Total calculated
    $0
    Hours/week
    4

  • Heather Glass

    Director

    Total calculated
    $0
    Hours/week
    4

  • Kyle Jackson

    Director

    Total calculated
    $0
    Hours/week
    4

  • Mary Wayte Bradburne

    Director

    Total calculated
    $0
    Hours/week
    4

  • Andrew Wilson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

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 — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 4a · Severance or change-of-control payment

Answered no

  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

SCHEDULE J, PART I, LINE 3:
Related organization compensation policy the HUMAN RESOURCE DEPARTMENT of usa swimming, a related organization, REVIEWS SALARY SURVEYS AND DATA FROM OTHER NATIONAL GOVERNING BODIES TO determine compensation, AND recommends COMPENSATION adjustments FOR OFFICERS AND OTHER KEY EMPLOYEES. officer and employee compensation is reviewed and approved by the board during the annual budgeting process.
SCHEDULE J, PART I, LINE 1-3, PART II
USA SWIMMING FOUNDATION (FDN) CONTRACTED WITH THE RELATED ORGANIZATION USA SWIMMING (USAS), FOR THE USE OF FACILITIES AND CONTRACTED STAFF SERVICES FOR ACCOUNTING, FINANCE, COMMUNICATIONS, CREATIVE, AND HUMAN RESOURCES. SINCE USAS AND FDN ARE RELATED ORGANIZATIONS, ALL THE COMPENSATION PAID DURING THE 2024 CALENDAR YEAR TO INDIVIDUALS SERVING AS OFFICERS OF THE FDN, WHO WERE EMPLOYED BY USAS, HAVE BEEN DETAILED OUT ON FORM 990, PART VII, SECTION A. THE FOLLOWING INDIVIDUALS SERVED THE FDN DURING THE 2024 CALENDAR YEAR AS OFFICERS, WITHIN A CONTRACTED SERVICE ARRANGEMENT: TIMOTHY HINCHEY, CEO (THROUGH 08/2024), SHANA FERGUSON (INTERIM ceo FROM 8/2024), AND ERIC SKUFCA, CFO. SIMILAR TO PRIOR YEARS, USAS CONTRIBUTED BACK TO THE FDN A PORTION OF THE TIME COST OF CONTRACTED STAFF SERVICES, AS AN INKIND CONTRIBUTION OF SERVICES. INKIND (NONFINANCIAL ASSETS) CONTRIBUTIONS ARE EXCLUDED FROM THE FORM 990, PER IRS INSTRUCTIONS.
SCHEDULE J, PART I, LINE 4A
THE FOLLOWING related organization (usa swimming) EMPLOYEE-OFFICERS RECEIVED SEVERANCE PAYMENTS: Timothy Hinchey, President & CEO, received a $400,000 severance payment in 2024 from usa swimming, and as part of the severance agreement, is receiving a second installment payment in 2025 from usa swimming.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2024
Filed
17 November 2025
IRS schema version
2024v5.2
Source object
202513039349300341

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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