USA Triathlon Foundation

EIN: 465062719 501(c)(3) Recreation & Sports

Colorado Springs, CO

Total Revenue
$3,103,383
Total Expenses
$2,110,839
Total Assets
$4,397,227
Net Assets
$3,852,771
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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
CO
Principal Officer
BRENDA SMITH
Phone
7198845604
Tax Period
2024-01-01 to 2024-12-31

USA Triathlon Foundation, founded in 2014, is a community nonprofit in the Recreation & Sports sector that reported $3.1M in total revenue in fiscal year 2024. Revenue decreased 7% compared to the prior year. The organization ran a surplus of $993K, a strong 32% operating margin.

Mission

THE MISSION OF THE USA TRIATHLON FOUNDATION IS TO SUPPORT AND PROMOTE TRIATHLON, AND OPEN PATHWAYS TO TRIATHLON TO THOSE WHOM IT MIGHT NOT OTHERWISE BE POSSIBLE. (CONTINUED ON SCH O)

Program Service Accomplishments

Program 1
Expenses: $756,566

USA Triathlon Foundation believes every aspiring elite athlete should get their shot at racing on the world stage and feeling the weights of an Olympic or Paralympic medal around their neck. Unlike...

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USA Triathlon Foundation believes every aspiring elite athlete should get their shot at racing on the world stage and feeling the weights of an Olympic or Paralympic medal around their neck. Unlike most of our competing nations, U.S. Olympic sport organizations and their athletes do not receive any government funding. Support is more important than ever as governments around the world are increasing their financial commitment for our top competitors. Ignite Olympic and Paralympic Dreams program provides elite athletes and paratriathletes with support and opportunity to realize their potential and represent the United States on the world stage. These grants enable the United States to achieve unprecedented global triumphs by building sustained success at the sport's highest level and helping athletes reach their performance goals.

Program 2
Expenses: $123,532

USA Triathlon Foundation believes every child should have the opportunity to be active and experience the joys of swim-bike-run. Encourage Youth Participation program helps us build connections...

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USA Triathlon Foundation believes every child should have the opportunity to be active and experience the joys of swim-bike-run. Encourage Youth Participation program helps us build connections across the country between schools, clubs, coaches, and race directors to offer training opportunities, equipment and resources, and to create the next generation of multisport athletes and leaders. The Empower NCAA Women's Triathlon program provides the ability for young women to chase their athletic dreams while pursuing their academic and community passions is an unmatched opportunity. Support for both grants for universities and colleges to start and maintain NCAA women's triathlon programs, and for individual student-athletes

Program 3
Expenses: $81,693

USA Triathlon Foundation believes everyone should have the support and access to participate, grow and excel in triathlon/multisport. The Inspire Pathways to Access and Inclusion program is committed...

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USA Triathlon Foundation believes everyone should have the support and access to participate, grow and excel in triathlon/multisport. The Inspire Pathways to Access and Inclusion program is committed to giving those who don't have opportunities to compete the chance to realize their athletic dreams and progress through leadership pathways in the sport. line 4d, program service ------------------------ Other USA Triathlon Foundation programs include the CEO Excellence Fund and Events program. The CEO Excellence Fund provides USA Triathlon's CEO Victoria Brumfield with the flexible financial resources necessary to maintain USA Triathlon's top priorities while responding to changing internal and external demands. Our Events program provides support for athlete training camps, athlete grants and stipends, the Hall of Fame Gala, and other events.

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Trantor Score

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $3,086,068
Program Service Revenue $0
Investment Income $82,914
Other Revenue $-65,599
TOTAL REVENUE $3,103,383

Expense Breakdown

Grants Paid $1,317,410
Salaries & Benefits $0
Fundraising Expenses $432,160
Program Expenses $1,419,820
Other Expenses $793,429
TOTAL EXPENSES $2,110,839

Year-over-Year Comparison

2024 2023 Change
Revenue $3,103,383 $3,342,966 -0.1%
Expenses $2,110,839 $1,787,536 +0.2%
Net Income $992,544 $1,555,430 -0.4%
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
16
Independent Members
16
Employees
N/A
Volunteers
N/A

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
4
$0
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ALEX EGAN CHAIR 5.0
Officer Director
$0 $0 $0
AUDRA MALLOW VICE CHAIR 5.0
Officer Director
$0 $0 $0
REGGIE WALLER SECRETARY 5.0
Officer Director
$0 $0 $0
WILLIAM BILL SHENKIN TREASURER 5.0
Officer Director
$0 $0 $0
STEPHEN BAN TRUSTEE 5.0
Director
$0 $0 $0
BRENDA SMITH TRUSTEE 5.0
Director
$0 $0 $0
PAUL GOMPERS TRUSTEE 5.0
Director
$0 $0 $0
Frantz Alphonse TRUSTEE 5.0
Director
$0 $0 $0
CAMERON HAMILTON TRUSTEE 5.0
Director
$0 $0 $0
RICK HRABCHAK TRUSTEE 5.0
Director
$0 $0 $0
MARCI JENKINS TRUSTEE 5.0
Director
$0 $0 $0
JUSTIN MODEL TRUSTEE 5.0
Director
$0 $0 $0
CHERYL PERRY TRUSTEE 5.0
Director
$0 $0 $0
ROSALIND JARRETT SEPULVEDA TRUSTEE 5.0
Director
$0 $0 $0
NATHAN STUHLMACHER TRUSTEE 5.0
Director
$0 $0 $0
MIKE WIEN TRUSTEE 5.0
Director
$0 $0 $0
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 $3,103,383 $2,110,839 $4,397,227 $992,544
2023 $3,342,966 $1,787,536 $3,146,764 $1,555,430
2022 $2,185,242 $1,273,625 $1,611,693 $911,617
2021 $1,611,026 $1,324,923 $697,335 $286,103
2021 $1,611,026 $1,324,923 $697,335 $286,103
2020 $993,942 $1,059,322 $554,567 $-65,380
2019 $506,914 $1,069,351 $237,428 $-562,437
2018 $245,425 $767,250 $212,921 $-521,825
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