Totals
- Total revenue
- $2,681,637
- Total expenses
- $3,048,992
- Contributions and grants received
- $902,516
- Grants paid
- $0
- Program service revenue
- $1,757,273
- Investment income
- -$25,023
- Other revenue
- $46,871
- Total assets, end of year
- $701,754
- Total liabilities, end of year
- $1,016,455
- Net assets or fund balances, end of year
- -$314,701
- Program services expenses (Part IX)
- $1,968,115
- Management and general expenses
- $1,029,621
- Fundraising expenses
- $51,256
- Program service expenses (Part III)
- $1,968,115
Program services were 64.5% 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.
-
1c · Fundraising events
$13,728
-
1d · Related organizations
$851,238
-
1f · All other contributions, gifts and grants
$37,550
-
2a · Program service revenue: EVENT INCOME
total $885,295 · related or exempt $885,295
-
2b · Program service revenue: MEMBERSHIP DUES
total $409,282 · related or exempt $409,282
-
2c · Program service revenue: ATHLETIC CAMPS AND CLINICS
total $348,060 · related or exempt $348,060
-
2d · Program service revenue: SPONSORSHIPS
total $114,636 · related or exempt $114,636
-
3 · Investment income
total $2,223 · excluded $2,223
-
5 · Royalties
total $28,641 · excluded $28,641
-
7a · Gross sales of assets other than inventory
securities $181,776
-
7b · Less cost or other basis and sales expenses
securities $209,022
-
7c · Gain or loss
securities -$27,246
-
7d · Net gain or loss
total -$27,246 · related or exempt -$27,246
-
8a · Fundraising events: contributions included on line 1c
$13,728
-
11a · Other revenue: OTHER INCOME
total $16,940 · related or exempt $16,940
-
11b · Other revenue: ADVERTISING INCOME
total $1,350 · unrelated business $1,350
-
11c · Other revenue: LOSS ON EXCHANGE
total -$60 · related or exempt -$60
-
11e · Other revenue, total
$18,230
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $150,600 · program services $45,180 · management and general $82,830 · fundraising $22,590
-
7 · Other salaries and wages
total $625,185 · program services $2,101 · management and general $623,084
-
9 · Other employee benefits
total $112,878 · program services $4,624 · management and general $108,254
-
10 · Payroll taxes
total $58,961 · program services $3,558 · management and general $54,745 · fundraising $658
-
11c · Fees: accounting
total $45,212 · management and general $45,212
-
11g · Fees: other
total $143,180 · program services $126,774 · management and general $16,406
-
13 · Office expenses
total $38,759 · program services $35,967 · management and general $2,792
-
14 · Information technology
total $9,433 · program services $514 · management and general $8,919
-
16 · Occupancy
total $315,302 · program services $312,371 · management and general $2,931
-
17 · Travel
total $951,467 · program services $919,041 · management and general $32,018 · fundraising $408
-
20 · Interest
total $22,164 · management and general $22,164
-
22 · Depreciation, depletion and amortization
total $2,156 · management and general $2,156
-
23 · Insurance
total $14,214 · management and general $14,214
-
24a · Other expenses: PROGRAM EXPENSES
total $453,953 · program services $449,854 · management and general $4,099
-
24b · Other expenses: EVENTS EXPENSES
total $60,662 · program services $60,044 · management and general $618
-
24c · Other expenses: FUNDRAISING EXPENSES
total $27,600 · fundraising $27,600
-
24d · Other expenses: DUES AND FEES
total $14,152 · program services $7,649 · management and general $6,503
-
24e · All other expenses
total $3,114 · program services $438 · management and general $2,676
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $77,547 · end of year $37,758
-
2 · Savings and temporary cash investments
beginning of year $357
-
3 · Pledges and grants receivable
beginning of year $347,264 · end of year $567,290
-
4 · Accounts receivable
beginning of year $1,300 · end of year $5,869
-
9 · Prepaid expenses and deferred charges
beginning of year $55,402 · end of year $82,511
-
10a · Land, buildings and equipment: cost or other basis
$30,294
-
10b · Land, buildings and equipment: accumulated depreciation
$22,468
-
10c · Land, buildings and equipment, net
beginning of year $9,981 · end of year $7,826
-
11 · Investments: publicly traded securities
beginning of year $208,925
-
15 · Other assets
beginning of year $500 · end of year $500
-
17 · Accounts payable and accrued expenses
beginning of year $162,205 · end of year $258,253
-
19 · Deferred revenue
beginning of year $238,004 · end of year $238,728
-
23 · Secured mortgages and notes payable
beginning of year $300,000 · end of year $300,000
-
24 · Unsecured notes and loans payable
end of year $219,474
-
27 · Net assets without donor restrictions
beginning of year -$758,401 · end of year -$860,439
-
28 · Net assets with donor restrictions
beginning of year $759,468 · end of year $545,738
Mission and programs · 2023
Mission
APPOINTED AS THE GOVERNING BODY BY THE US OLYMPIC COMMITTEE, OUR MISSION IS TO PROVIDE LEADERSHIP AND RESOURCES FOR THE PROMOTION GROWTH OF SYNCHRONIZED SWIMMING AND TO ACHIEVE COMPETITIVE EXCELLENCE AT ALL LEVELS AND TO DEVELOP BROAD BASED PARTICIPATION.
-
USA ARTISTIC SWIMMING PROMOTES THE SPORT OF SYNCHRONIZED SWIMMING THROUGH SPORT DEVELOPMENT, TEAM PREPARATION, AND INTERNATIONAL TEAM COMPETITION. WE HAVE BEEN ABLE TO PROMOTE THE SPORT THROUGH EVENTS RUN FOR MEMBERSHIP AND EDUCATION SERVICES PROVIDED TO MEMBERS.
Expenses $1,968,115 · Revenue $1,757,273
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Adam AndraskoADAM ANDRASKO
CEO
- Total calculated
- $173,717
- From this org
- $150,000
- From related orgs
- $0
- Other
- $23,717
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $150,000
- Bonus
- not reported
- Other
- not reported
- Deferred
- $7,530
- Nontaxable benefits
- $16,187
- Filer's total
- $173,717
-
Claire BartonCLAIRE BARTON
AT LARGE ATH
- Total calculated
- $0
- Hours/week
- 3
-
Irene HawesIRENE HAWES
VP OLYMPIC I
- Total calculated
- $0
- Hours/week
- 3
-
Ashley JohnsonASHLEY JOHNSON
VP DIVERSITY
- Total calculated
- $0
- Hours/week
- 3
-
Mariya KorolevaMARIYA KOROLEVA
USOPC AAC AT
- Total calculated
- $0
- Hours/week
- 3
-
Bill MayBILL MAY
GEN BOD ATHL
- Total calculated
- $0
- Hours/week
- 3
-
Anna MontgomeryANNA MONTGOMERY
TREASURER
- Total calculated
- $0
- Hours/week
- 3
-
Rebecca PhillipsREBECCA PHILLIPS
VP COMPETITI
- Total calculated
- $0
- Hours/week
- 3
-
Jocilyn SaylerJOCILYN SAYLER
VP MEMBER DE
- Total calculated
- $0
- Hours/week
- 3
-
Denise ShivelyDENISE SHIVELY
PRESIDENT
- Total calculated
- $0
- Hours/week
- 3
-
Emma TchakmakjianEMMA TCHAKMAKJIAN
AEC PRESIDEN
- Total calculated
- $0
- Hours/week
- 3
-
Natalia VegaNATALIA VEGA
GEN BOD ATHL
- Total calculated
- $0
- Hours/week
- 3
-
Monica Velazquez-StiakMONICA VELAZQUEZ-STIAK
USOPC ATHLET
- Total calculated
- $0
- Hours/week
- 3
-
Kim KohutKIM KOHUT
SECRETARY
- Total calculated
- $0
- Hours/week
- 3
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
- 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.
-
US SYNCHRONIZED SWIMMING FOUNDATION
501C3 · PROMOTE · OH
-
US OLYMPIC AND PARALYMPIC COMMITTEE
501C3 · SUPPORT · CO
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 12 September 2024
- IRS schema version
- 2023v5.0
- Source object
- 202442699349301494
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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