Totals
- Total revenue
- $4,693,292
- Total expenses
- $4,655,443
- Contributions and grants received
- $4,565,769
- Grants paid
- $0
- Program service revenue
- $125,609
- Investment income
- $1,914
- Other revenue
- $0
- Total assets, end of year
- $2,439,775
- Total liabilities, end of year
- $1,910,234
- Net assets or fund balances, end of year
- $529,541
- Program services expenses (Part IX)
- $3,768,944
- Management and general expenses
- $779,703
- Fundraising expenses
- $106,796
- Program service expenses (Part III)
- $3,768,944
Program services were 81.0% 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.
-
1b · Membership dues
$102,220
-
1d · Related organizations
$327,825
-
1f · All other contributions, gifts and grants
$4,135,724
-
1g · Noncash contributions included above
$458,287
-
2a · Program service revenue: Broadcasting Revenue
total $50,000 · related or exempt $50,000
-
2b · Program service revenue: Development Camp Fees
total $15,793 · related or exempt $15,793
-
2c · Program service revenue: Event Registration
total $59,816 · related or exempt $59,816
-
3 · Investment income
total $1,914 · excluded $1,914
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $350,521 · program services $197,831 · management and general $152,690
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $1,111,340 · program services $937,907 · management and general $127,356 · fundraising $46,077
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total $0
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $84,135 · program services $30,066 · management and general $54,069
-
11c · Fees: accounting
total $0
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $0
-
12 · Advertising and promotion
total $0
-
13 · Office expenses
total $190,754 · program services $38,064 · management and general $152,690
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $0
-
17 · Travel
total $703,031 · program services $554,218 · management and general $142,301 · fundraising $6,512
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $47,703 · program services $43,410 · management and general $4,293
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $85,775 · program services $65,017 · management and general $20,758
-
23 · Insurance
total $100,236 · program services $33,078 · management and general $67,158
-
24a · Other expenses: Outside Services
total $604,844 · program services $603,849 · management and general $995
-
24b · Other expenses: Competition Support
total $496,723 · program services $454,149 · management and general $42,574
-
24c · Other expenses: Direct Athlete Funding
total $400,976 · program services $400,976
-
24d · Other expenses: Other Expense
total $226,651 · program services $158,849 · management and general $13,595 · fundraising $54,207
-
24e · All other expenses
total $252,754 · program services $251,530 · management and general $1,224
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $327,110 · end of year $130,233
-
2 · Savings and temporary cash investments
end of year $0
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
beginning of year $275,048 · end of year $150,375
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $34,100 · end of year $80,904
-
10a · Land, buildings and equipment: cost or other basis
$866,005
-
10b · Land, buildings and equipment: accumulated depreciation
$714,831
-
10c · Land, buildings and equipment, net
beginning of year $167,286 · end of year $151,174
-
11 · Investments: publicly traded securities
end of year $0
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
beginning of year $1,694,867 · end of year $1,927,089
-
17 · Accounts payable and accrued expenses
beginning of year $188,891 · end of year $76,561
-
25 · Other liabilities
beginning of year $1,817,828 · end of year $1,833,673
-
27 · Net assets without donor restrictions
beginning of year $480,030 · end of year $517,879
-
28 · Net assets with donor restrictions
beginning of year $11,662 · end of year $11,662
Mission and programs · 2022
Mission
US Speedskating's exempt purpose is to promote speedskating in the United States and succeed athletically at international competitions. US speedskating's mission is to be one of the premier speedskating organizations in the world through excellence in leadership, development and performance. We are primarily focused on training and development of elite athletes for international competition including the Winter Olympic Games.US Speedskating is also responsible for the grassroots development of speedskating. The association supports athlete development camps as well as coaching and officiating educational training across the country. It also funds the production of promotional speedskating materials including training tapes and development materials. US Speedskating is a member of the US Olympic Committee (USOC) and the International Skating Union.
-
Governance - US Speedskating is composed of an 11 person board of directors that is responsible for planning, direction and policy for the organization. There are typically two in person meetings per year and additional conference calls to conduct US Speedskating business. The board consists of retired athletes, independent members and representatives from membership throughout the United States. US Speedskating governs both short track and long track speedskating.
Expenses $3,768,944
-
Sport Development - US Speedskating provides athlete, coach, and official development programs to support the infrastructure of speedskating in the United States. This includes seminars and clinics, training camps, schools, and other such educational offerings.
-
Athlete development - US Speedskating provides complete training services and support for US National Team athletes. This includes providing the very highest caliber coaches, ice time, training support, and performance enhancements. US Speedskating provides competitive opportunities at world and Olympic championships, world cups, and other international events. These athletes represent the United States and are in pursuit of Olympic medals.
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Ted Morris
Executive Director
- Total calculated
- $249,622
- From this org
- $249,622
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $249,622
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- not reported
- Filer's total
- $249,622
-
Michael Burdekin
Director of Finance
- Total calculated
- $51,235
- From this org
- $51,235
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Dale Schoon
Director of Finance
- Total calculated
- $49,664
- From this org
- $49,664
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $49,664
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- not reported
- Filer's total
- $49,664
-
Susan Sandvig-Shobe
Vice President
- Total calculated
- $0
- Hours/week
- 1
-
Tony Liu
Director
- Total calculated
- $0
- Hours/week
- 1
-
Carlijn Schoutens
Director
- Total calculated
- $0
- Hours/week
- 1
-
Duncan White
Director
- Total calculated
- $0
- Hours/week
- 1
-
Mark Carleton
President
- Total calculated
- $0
- Hours/week
- 2
-
Andy Kelly
Treasurer
- Total calculated
- $0
- Hours/week
- 1
-
Rusty Smith
Board Secretary
- Total calculated
- $0
- Hours/week
- 1
-
Jeff Castelaz
Director
- Total calculated
- $0
- Hours/week
- 1
-
Pat Maxwell
Director
- Total calculated
- $0
- Hours/week
- 1
-
Jane Lute
Director
- Total calculated
- $0
- Hours/week
- 1
-
Ryan Bedford
Director
- Total calculated
- $0
- Hours/week
- 1
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 · 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
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.
-
501(c)(3) · To provide financial support to US Speedskating · MO
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 8 March 2024
- IRS schema version
- 2022v5.0
- Source object
- 202410689349301106
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.