USA Track & Field Inc

EIN: 351475847 501(c)(3) Recreation & Sports

Indianapolis, IN

Total Revenue
$35,006,779
Total Expenses
$40,609,796
Total Assets
$31,952,730
Net Assets
$-4,490,686
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Financial Trends

Organization Details

Formation Year
1979
Legal Domicile
IN
Principal Officer
Max Siegel
Phone
3177134651
Tax Period
2023-01-01 to 2023-12-31

USA Track & Field Inc, founded in 1979, is a mid-sized nonprofit in the Recreation & Sports sector that reported $35.0M in total revenue in fiscal year 2023. Revenue decreased 8% compared to the prior year. Expenses of $40.6M exceeded revenue, resulting in a 16% operating deficit.

Mission

USA Track & Field drives competitive excellence and popular engagement in the sport of track and field, long distance running and race walking. The mission of USA Track & Field is to foster sustained competitive excellence in elite athletes representing the United States in international competition, and interest and participation in the sport in the United States for all ages.

Program Service Accomplishments

Program 1
Expenses: $19,967,116 Revenue: $18,975,386

Elite athlete competitions: provide domestic and international competitive opportunities for American elite track and field athletes. Typically stage more than 100 national championships across all...

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Elite athlete competitions: provide domestic and international competitive opportunities for American elite track and field athletes. Typically stage more than 100 national championships across all disciplines of our sport in the United States. Typically stage 5-10 domestic non-championship elite track and field competitions. Field elite teams to represent the United States in approximately 20 international competitions, including world championship and Olympic events. Typically provide competitive opportunities and related travel and housing to approximately 350 elite track and field athletes. The objective of competitive opportunities is to provide competitive training for our athletes and increase the visibility for the sport to the general public. Fulfills all five of USATF's stated purposes as stated in the bylaws: development, management, performance, marketing and diversity.

Program 2
Expenses: $6,798,051 Revenue: $2,645,537

Athlete support and development: typically provide developmental support to more than 700 developing and emerging elite athletes through a variety of programs: developmental competitive opportunities...

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Athlete support and development: typically provide developmental support to more than 700 developing and emerging elite athletes through a variety of programs: developmental competitive opportunities at approximately 10 events; direct support to 95-100 coaches coaching 200 of the most elite athletes; coaching education programs for all disciplines online and at nearly 50 in-person and virtual sessions reaching hundreds of coaches; sport science and medicine studies conducted and shared throughout the track and field community; anti-doping education and testing support for athletes; and anti-doping and healthy lifestyle community outreach reaching tens of thousands of children in their schools. The objective of these programs is to continually identify, educate and develop athletes from youth through their growth and development to elite or recreational athletes. Fulfills all five of USATF's stated purposes as stated in the bylaws; development, management, performance, marketing and diversity.

Program 3
Expenses: $2,449,732 Revenue: $2,510,678

Grass roots and member-based programs: USATF has more than 100,000 members served through a variety of programs. Membership fulfillment includes sport accident insurance, membership publications...

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Grass roots and member-based programs: USATF has more than 100,000 members served through a variety of programs. Membership fulfillment includes sport accident insurance, membership publications, membership cards, retailer discounts and other benefits. Typically, our sanction program provides liability insurance to over 9,500 events with more than 7,000,000 participants of all ages and abilities. Our annual meeting provides membership an opportunity to strategize for the continued success of the sport, plan our volunteer-based programs and vote on certain organizational changes. Grass roots programs include support of training and competition for thousands of youth through our junior Olympic and youth athletics track and field meet series. Grass roots also encompasses support for training, development, marketing and competitive opportunities for adults of all ages and abilities through our long distance running and masters programs. Fulfills all five of USATF's stated purposes as stated in the bylaws: development, management, performance, marketing and diversity.

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $8,471,337
Program Service Revenue $24,329,883
Investment Income $293,152
Other Revenue $1,912,407
TOTAL REVENUE $35,006,779

Expense Breakdown

Grants Paid $11,942,887
Salaries & Benefits $9,246,775
Fundraising Expenses $0
Program Expenses $29,214,899
Other Expenses $19,420,134
TOTAL EXPENSES $40,609,796

Year-over-Year Comparison

2023 2022 Change
Revenue $35,006,779 $37,941,567 -0.1%
Expenses $40,609,796 $44,664,203 -0.1%
Net Income $-5,603,017 $-6,722,636 -0.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
22
Independent Members
22
Employees
95
Volunteers
13000

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
7
$2,221,647
Total Directors
24
$0
Key Employees
7
$1,814,280
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Vin Lananna President/Vice Chair 10.00
Officer Director
$0 $0 $0
Michael Conley Chair 10.00
Officer Director
$0 $0 $0
Willie Banks Director 5.00
Director
$0 $0 $0
Amy Begley Director until 8/31/23 5.00
Director
$0 $0 $0
Dolf Berle Director 5.00
Director
$0 $0 $0
Tonja Buford-Bailey Director 5.00
Director
$0 $0 $0
Jerry Canning Director 5.00
Director
$0 $0 $0
Michelle Carter Director 5.00
Director
$0 $0 $0
Kim Conley Director 5.00
Director
$0 $0 $0
Jim Estes Director 5.00
Director
$0 $0 $0
Mitchell Garner Director 5.00
Director
$0 $0 $0
Allen Johnson Director 5.00
Director
$0 $0 $0
Kibwe Johnson Director 5.00
Director
$0 $0 $0
Kristie Killough-Ali Director 5.00
Director
$0 $0 $0
Len Krsak Director 5.00
Director
$0 $0 $0
Bernard Lagat Director 5.00
Director
$0 $0 $0
Nicole Leach Director 5.00
Director
$0 $0 $0
Will Leer Director 5.00
Director
$0 $0 $0
Chris Pasko Director 5.00
Director
$0 $0 $0
Norine Richardson Director 5.00
Director
$0 $0 $0
Kendall Spencer Director until 9/30/23 5.00
Director
$0 $0 $0
Mori Taheripour Director 5.00
Director
$0 $0 $0
Rick Wade Director 5.00
Director
$0 $0 $0
Ryan Wilson Director 5.00
Director
$0 $0 $0
Max Siegel Chief Executive Officer 60.00
Officer
$1,168,713 $50,147 $1,218,860
Renee Washington Chief Operating Officer 60.00
Officer
$609,775 $54,806 $664,581
Sara Reese Chief Finance Officer 60.00
Officer
$285,355 $52,851 $338,206
Tim Weaver Secretary 5.00
Officer
$0 $0 $0
Kenneth Taylor Treasurer 5.00
Officer
$0 $0 $0
Sarah Hollis Chief of Marketing & Revenue 55.00
Key Emp
$332,682 $40,434 $373,116
Norm Wain Genl Counsel/Chief of Bus. Affairs 50.00
Key Emp
$270,303 $64,394 $334,697
Robert Chapman Chief Sports Science & Medicine 40.00
Key Emp
$230,000 $25,888 $255,888
Adam Schmenk Chief Content Officer 40.00
Key Emp
$200,238 $36,295 $236,533
Aretha Thurmond Chief of Athlete Svcs & Intl Teams 40.00
Key Emp
$177,479 $39,754 $217,233
Aarti Parekh Chief Communications Officer 40.00
Key Emp
$200,877 $8,179 $209,056
Sarah Austin Senior Corp Counsel 40.00
Key Emp
$167,314 $20,443 $187,757
Scott Galbreth Director IT 40.00
Highest
$148,688 $31,173 $179,861
Sarita Jones Director HR 40.00
Highest
$129,238 $18,130 $147,368
Jaclyn Bares Senior Marketing Manager 40.00
Highest
$111,598 $16,121 $127,719
Robin Beamon Director Outreach & Grassroots 40.00
Highest
$103,021 $18,789 $121,810
Joseph Kurucz Controller 40.00
Highest
$103,550 $13,797 $117,347
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 $35,006,779 $40,609,796 $31,952,730 $-5,603,017
2022 $37,941,567 $44,664,203 $34,268,043 $-6,722,636
2021 $33,676,790 $34,135,508 $46,078,915 $-458,718
2020 $30,485,024 $22,203,745 $37,266,495 $8,281,279
2019 $33,796,532 $35,685,291 $39,212,815 $-1,888,759
2019 $33,934,250 $36,026,287 $34,318,777 $-2,092,037
2018 $33,466,307 $35,448,227 $39,914,613 $-1,981,920
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