USA WEIGHTLIFTING INC (EIN 311012362) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1983

Legal Domicile

Principal Officer

MATT SICCHIO

Phone

7198664508

Tax Period

2023-01-01 to 2023-12-31

USA WEIGHTLIFTING INC, founded in 1983, is a community nonprofit that reported $6.8M in total revenue in fiscal year 2023.

Mission

USA WEIGHTLIFTING, INC. IS THE NATIONAL GOVERNING BODY FOR THE SPORT OF WEIGHTLIFTING IN THE UNITED STATES. THE MISSION OF USA WEIGHTLIFTING SHALL BE TO SUPPORT UNITED STATES ATHLETES IN ACHIEVING EXCELLENCE IN OLYMPIC AND WORLD COMPETITION AND TO SUPPORT, PROMOTE, AND EDUCATE A DIVERSE AND INCLUSIVE COMMUNITY OF WEIGHTLIFTING AND THE USE OF THE BARBELL IN THE UNITED STATES.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $823,510

Program Service Revenue $5,898,601

Investment Income $60,937

Other Revenue $5,120

TOTAL REVENUE $6,788,168

Expense Breakdown

Grants Paid $827,018

Salaries & Benefits $1,539,245

Fundraising Expenses $0

Program Expenses $6,229,467

Other Expenses $4,563,936

TOTAL EXPENSES $6,930,199

Year-over-Year Comparison

	2023	2022	Change
Revenue	$6,788,168	$6,699,072	+0.0%
Expenses	$6,930,199	$6,617,910	+0.0%
Net Income	$-142,031	$81,162	-2.7%

Key Indicators

✓ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

750

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$392,890

Total Directors

$7,215

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NICK MAIETTA	INDEPENDENT DIRECTOR	2.00	Director	$0	$0	$0
SARA SOTO	AT-LARGE MEMBER	2.00	Director	$758	$0	$758
TAYLER HARRIS	ELITE ATHLETE DIRECTOR	2.00	Director	$0	$0	$0
ANDY COGGINS	GRASSROOTS DIRECTOR	2.00	Director	$37	$0	$37
SALLY VAN DE WATER	TECHNICAL MEMBER	2.00	Director	$220	$0	$220
SHAMEEKA QUALLO	VICE CHAIR/INDEPENDENT DIR	2.00	Director	$0	$0	$0
JOHN MCGOVERN	ELITE ATHLETE DIRECTOR	2.00	Director	$0	$0	$0
MARIO DISPENZA	TECHNICAL MEMBER	2.00	Director	$4,320	$0	$4,320
MICHAEL CHOI	AT-LARGE MEMBER	2.00	Director	$640	$0	$640
JORDAN CANTRELL	ELITE ATHLETE DIRECTOR	2.00	Director	$0	$0	$0
ERIN ANDICA	ELITE ATHLETE DIRECTOR	2.00	Director	$0	$0	$0
JENNY SCHUMACHER	CHAIR OF THE BOARD	2.00	Officer Director	$1,240	$0	$1,240
ANDREA ANDREWS	DIRECTOR OF FINANCE AND COMPLIANCE	50.00	Officer	$101,970	$9,355	$111,325
MATTHEW SICCHIO	CEO	50.00	Officer	$245,635	$34,690	$280,325
MICHAEL GATTONE	DIRECTOR OF SPORTS PERFORMANCE AND COACHING EDU.	50.00	Highest	$110,821	$0	$110,821

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$6,788,168	$6,930,199	$3,886,119	$-142,031
2022	$6,699,072	$6,617,910	$3,511,874	$81,162
2021	$6,453,966	$7,478,633	$3,865,116	$-1,024,667
2020	$5,528,706	$4,184,602	$4,463,738	$1,344,104
2019	$7,656,840	$7,619,548	$3,911,571	$37,292
2018	$6,135,822	$6,335,888	$3,353,152	$-200,066

USA WEIGHTLIFTING INC