UNITED STATES SPORTS ACADEMY INC

EIN: 630771624 501(c)(3) Recreation & Sports

DAPHNE, AL

Total Revenue
$4,237,878
Total Expenses
$6,892,591
Total Assets
$21,028,943
Net Assets
$20,678,944
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Financial Trends

Organization Details

Formation Year
1983
Legal Domicile
AL
Principal Officer
STEVE CONDON
Tax Period
2023-09-01 to 2024-08-31

UNITED STATES SPORTS ACADEMY INC, founded in 1983, is a community nonprofit in the Recreation & Sports sector that reported $4.4M in total revenue in fiscal year 2018. Revenue fell 25% from the prior year — a significant decline worth monitoring. Net assets of $23.7M represent 65 months of operating reserves.

Mission

THE ACADEMY IS AN ACCREDITED UNIVERSITY PROVIDING FORWARD THINKING EDUCATION, SPECIALIZED RESEARCH AND SUPERIOR SERVICE IN THE GLOBAL REALM OF SPORTS. THE ACDEMY PREPARES AND EMPOWERS FUTURE LEADERS FOR A MULTIFACETED AND SUCCESSFUL CAREER IN GLOBAL SPORTS THROUGH EXCELLENCE.

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Trantor Score

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $37,417
Program Service Revenue $3,143,888
Investment Income $371,370
Other Revenue $685,203
TOTAL REVENUE $4,237,878

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $6,892,591
Other Expenses $6,892,591
TOTAL EXPENSES $6,892,591

Year-over-Year Comparison

2023 2022 Change
Revenue $4,237,878 $2,829,333 +0.5%
Expenses $6,892,591 $4,945,615 +0.4%
Net Income $-2,654,713 $-2,116,282 +0.3%
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
15
Independent Members
14
Employees
54
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
$258,633
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STEVE CONDON PRESIDENT CEO 40.00
Officer Highest
$258,633 $0 $258,633
FREDERICK CROMARTIE EMPLOYEE 40.00
Highest
$126,645 $0 $126,645
KAREN HONG TRUSTEE 0.00
Director
$0 $0 $0
VINCENT BUTTA TRUSTEE 0.00
Director
$0 $0 $0
REGINALD SYKES TRUSTEE 0.00
Director
$0 $0 $0
TINA XAVIE TRUSTEE 0.00
Director
$0 $0 $0
WALTER WUKASCH TRUSTEE 0.00
Director
$0 $0 $0
CHINA JUDE TRUSTEE 0.00
Director
$0 $0 $0
LEE MCELROY TRUSTEE 0.00
Director
$0 $0 $0
THOMAS J ROSANDICH TRUSTEE 0.00
Director
$0 $0 $0
JACK SCHARR TRUSTEE 0.00
Director
$0 $0 $0
GARY CUNNINGHAM TRUSTEE 0.00
Director
$0 $0 $0
JOSEPH SZLAVIK TRUSTEE 0.00
Director
$0 $0 $0
MARINO NICCOLAI CO-CHAIR SECRETARY 0.00
Officer Director
$0 $0 $0
JOAN CRONAN CO-CHAIR 0.00
Officer Director
$0 $0 $0
RANDY SMITH TREASURER 0.00
Officer
$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
2025 No data No data No data No data
2024 $4,237,878 $6,892,591 $21,028,943 $-2,654,713
2023 $2,829,333 $4,945,615 $20,491,837 $-2,116,282
2022 $4,746,949 $4,676,474 $22,110,276 $70,475
2021 $6,380,926 $4,239,466 $26,742,541 $2,141,460
2020 $5,471,768 $4,640,120 $24,628,956 $831,648
2019 $4,390,749 $4,641,527 $24,047,719 $-250,778
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