Totals
- Total revenue
- $3,558,341
- Total expenses
- $3,157,026
- Contributions and grants received
- $3,041,334
- Grants paid
- $104,724
- Program service revenue
- $594,493
- Investment income
- -$78,718
- Other revenue
- $1,232
- Total assets, end of year
- $5,766,080
- Total liabilities, end of year
- $681,003
- Net assets or fund balances, end of year
- $5,085,077
- Program services expenses (Part IX)
- $2,395,023
- Management and general expenses
- $523,186
- Fundraising expenses
- $238,817
- Program service expenses (Part III)
- $2,395,023
Program services were 75.9% 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.
-
1d · Related organizations
$64,906
-
1e · Government grants (contributions)
$605,486
-
1f · All other contributions, gifts and grants
$2,370,942
-
1g · Noncash contributions included above
$92,745
-
2a · Program service revenue: CORPORATE SPONSORSHIP
total $475,012 · related or exempt $475,012
-
2b · Program service revenue: OTHER PROGRAM FEES
total $53,107 · related or exempt $53,107
-
2c · Program service revenue: USOPC MEDIA AGREEMENT
total $50,000 · related or exempt $50,000
-
2d · Program service revenue: MEMBERSHIP DUES
total $16,374 · related or exempt $16,374
-
3 · Investment income
total $544 · excluded $544
-
5 · Royalties
total $1,232 · related or exempt $1,232
-
7b · Less cost or other basis and sales expenses
other assets $79,262
-
7c · Gain or loss
other assets -$79,262
-
7d · Net gain or loss
total -$79,262 · excluded -$79,262
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $104,724 · program services $104,724
-
5 · Compensation of officers, directors and key employees
total $226,634 · program services $104,944 · management and general $104,944 · fundraising $16,746
-
7 · Other salaries and wages
total $915,715 · program services $607,926 · management and general $232,941 · fundraising $74,848
-
8 · Pension plan contributions
total $14,094 · program services $5,707 · management and general $6,138 · fundraising $2,249
-
9 · Other employee benefits
total $44,256 · program services $27,430 · management and general $16,775 · fundraising $51
-
10 · Payroll taxes
total $80,900 · program services $53,426 · management and general $20,641 · fundraising $6,833
-
11b · Fees: legal
total $926 · management and general $926
-
11c · Fees: accounting
total $16,860 · management and general $16,860
-
11e · Fees: professional fundraising services
total $60,184 · fundraising $60,184
-
11g · Fees: other
total $98,244 · program services $74,988 · fundraising $23,256
-
12 · Advertising and promotion
total $55,685 · management and general $5,399 · fundraising $50,286
-
13 · Office expenses
total $25,001 · management and general $25,001
-
16 · Occupancy
total $3,193 · management and general $3,193
-
17 · Travel
total $531,099 · program services $529,802 · management and general $639 · fundraising $658
-
19 · Conferences, conventions and meetings
total $36,486 · program services $17,744 · management and general $18,742
-
20 · Interest
total $6 · management and general $6
-
22 · Depreciation, depletion and amortization
total $396,764 · program services $396,764
-
23 · Insurance
total $137,743 · program services $95,972 · management and general $41,771
-
24a · Other expenses: EQUIPMENT
total $129,184 · program services $128,834 · fundraising $350
-
24b · Other expenses: SLED SHIPPING
total $123,055 · program services $123,055
-
24c · Other expenses: BOBSLED EXPENSES
total $85,137 · program services $85,137
-
24d · Other expenses: OTHER
total $30,292 · program services $21,354 · management and general $5,582 · fundraising $3,356
-
24e · All other expenses
total $40,844 · program services $17,216 · management and general $23,628
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,043,822 · end of year $999,764
-
2 · Savings and temporary cash investments
beginning of year $518,581 · end of year $1,219,125
-
3 · Pledges and grants receivable
end of year $568,647
-
4 · Accounts receivable
beginning of year $126,449 · end of year $52,897
-
9 · Prepaid expenses and deferred charges
beginning of year $71,740 · end of year $61,529
-
10a · Land, buildings and equipment: cost or other basis
$4,187,298
-
10b · Land, buildings and equipment: accumulated depreciation
$2,674,312
-
10c · Land, buildings and equipment, net
beginning of year $1,784,344 · end of year $1,512,986
-
11 · Investments: publicly traded securities
beginning of year $1,285,392 · end of year $1,339,541
-
12 · Investments: other securities
beginning of year $10,290 · end of year $11,091
-
15 · Other assets
beginning of year $500 · end of year $500
-
17 · Accounts payable and accrued expenses
beginning of year $190,966 · end of year $60,926
-
19 · Deferred revenue
beginning of year $10,810 · end of year $101,759
-
25 · Other liabilities
beginning of year $10,904 · end of year $518,318
-
27 · Net assets without donor restrictions
beginning of year $3,308,205 · end of year $3,637,532
-
28 · Net assets with donor restrictions
beginning of year $1,320,233 · end of year $1,447,545
Mission and programs · 2022
Mission
USA BOBSLED/SKELETON IS RESPONSIBLE FOR PROMOTING THE SPORTS OF BOBSLED AND SKELETON IN THE UNITED STATES, AND PROMOTING THE PARTICIPATION OF U.S. ATHLETE IN ELITE INTERNATIONAL COMPETITION. USABS SUPPORTS ITS ATHLETES THROUGH RECRUITMENT, DEVELOPMENT, AND TRAINING IN THE ULTIMATE PURSUIT OF COMPETITIVE EXCELLENCE AND OLYMPIC PARTICIPATION. USABS' MISSION IS TO EMPOWER UNITED STATES ATHLETES TO ACHIEVE SUSTAINED COMPETITIVE SUCCESS IN BOBSLED AND SKELETON AND PURSUE PERSONAL EXCELLENCE AND WELL-BEING.
-
MEN'S BOBSLED - SUPPORTED TOP ATHLETES ON THE WORLD CUP TOUR AND AT THE WORLD CHAMPIONSHIPS, AND AT OTHER PRESEASON, MIDSEASON, AND POSTSEASON TRAINING PROGRAMS.
Expenses $520,810 · Revenue $124,632
-
ATHLETE EXPENSE - SUPPORTED ATHLETES.
Expenses $541,452 · Grants $77,829 · Revenue $127,315
-
WOMEN'S BOBSLED - SUPPORTED TOP ATHLETES ON THE WORLD CUP TOUR AND AT THE WORLD CHAMPIONSHIPS, AND AT OTHER PRESEASON, MIDSEASON, AND POSTSEASON TRAINING PROGRAMS.
Expenses $498,582 · Revenue $120,744
-
OTHER - SKELETON - SUPPORTED TOP ATHLETES ON THE WORLD CUP TOUR AND AT THE WORLD CHAMPIONSHIPS, AND AT OTHER PRESEASON, MIDSEASON, AND POSTSEASON TRAINING PROGRAMS. DEVELOPMENT - CONDUCTED RECRUITING CAMPS TO IDENTIFY NEW ATHLETES, SUPPORTED DEVELOPMENT TRAINING PROGRAMS AND COMPETITION IN NORTH AMERICA, AND SUPPORTED TRAINING AND COMPETITION OPPORTUNITIES IN EUROPE. TECHNOLOGY - FUNDED BOBSLED AND SKELETON TECHNOLOGY AND EQUIPMENT PURCHASES TO INCLUDE NEW SLEDS, RUNNERS, SPEED SUITS, SPIKES, AND SHOP EQUIPMENT TO BUILD AND REPAIR SLEDS. CONTINUED INVESTMENT IN NEW "MADE IN THE USA" BOBSLED PROJECT. PARASPORT - SUPPORTED PARA ATHLETES TRAINING IN LAKE PLACID THROUGH A DEPT OF VA GRANT IN ADDITION TO LIMITED SUPPORT PROVIDED FOR WORLD CUP AND WORLD CHAMPIONSHIP COMPETITION.
Expenses $834,179 · Grants $26,895 · Revenue $223,034
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Robert BergbauerROBERT BERGBAUER
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 10
-
Randy AlimentRANDY ALIMENT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
David BestDAVID BEST
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Ryan BoschRYAN BOSCH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Jennings BuchananJENNINGS BUCHANAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Chris DomingoCHRIS DOMINGO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Ann GaffiganANN GAFFIGAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Tristan GaleTRISTAN GALE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Nic TaylorNIC TAYLOR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Savannah GraybillSAVANNAH GRAYBILL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Kaillie Humphries ArmbrusterKAILLIE HUMPHRIES ARMBRUSTER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Chris KinneyCHRIS KINNEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Brock KreitzburgBROCK KREITZBURG
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Paul PoggePAUL POGGE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jean PrahmJEAN PRAHM
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
H Mac RileyH MAC RILEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Michael ReganMICHAEL REGAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Javier San MiguelJAVIER SAN MIGUEL
ADVISORY DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jennifer DonnellyJENNIFER DONNELLY
ADVISORY DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Len FarberLEN FARBER
ADVISORY DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Aron McGuireARON MCGUIRE
CEO
- Total calculated
- $215,607
- From this org
- $186,390
- From related orgs
- $0
- Other
- $29,217
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $186,390
- Bonus
- $0
- Other
- $0
- Deferred
- $5,592
- Nontaxable benefits
- $23,625
- Filer's total
- $215,607
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. 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
- 2 · Substantiation required before reimbursing expenses
- 3 · Compensation committee
- 3 · Written employment contract
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 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)
- PART I, LINE 3
- CEO REVIEW & COMPENSATION COMMITTEE CONDUCTS FORMAL REVIEWS AND NEGOTIATES CONTRACT BASED ON COMPARABILITY DATA
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
No itemized grants to organizations on this return.
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.
-
UNITED STATES BOBSLED AND SKELETON FEDERATION TRUST
501(C)(3) · TO SUPPORT USA BOBSLED/SKELETON, INC. · NY
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Disregarded entities
Part I: entities that legally are the filer and file no return of their own.
-
US BOBSLED AND SKELETON FOUNDATION
SUPPORTING ORGANIZATION · CO
Directly controlled by USA BOBSLEDSKELETON INC
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 14 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202303189349305315
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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