2023-10-02T12:12:11-05:00 2022-12-31 STOCKMAN KAST RYAN & CO LLP 102 N CASCADE AVENUE SUITE 400 COLORADO SPRINGS CO 80903 990 2022-01-01 465062719 USA Triathlon Foundation % THE ORGANIZATION USAT 7198845604 5825 Delmonico Drive Suite 200 Colorado Springs CO 80919 Victoria Brumfield ceo 7198845604 2023-11-15 true Victoria Brumfield 999009999 DOREEN B MERZ P00841439 7196301186 2023-09-14 2 2022 2023-04-26 12:10:37Z Victoria Brumfield 5825 Delmonico Drive200 Colorado Spgs CO 80919 2312108 false X www.usatriathlonfoundation.org X 2014 CO The mission of the USA Triathlon Foundation is to support and promote triathlon, and open pathways Continued in Schedule O 13 13 0 10 0 1586248 2181855 0 0 3948 -2198 20830 5585 1611026 2185242 653243 783848 0 0 482818 0 0 0 0 188862 489777 1324923 1273625 286103 911617 697335 1611693 311492 314233 385843 1297460 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) false false 683963 683963 0 During 2022, the Foundation supported and enabled numerous athletes, of all skill sets and age divisions, through the following grant opportunities: Youth pillar grants (programs and individuals encouraging youth participation), DEIA Pillar Grants (programs and individuals inspiring pathways to access and inclusion), Bridget Inspires Grants (supporting young female triathletes), and the NCAA Women's emerging sports grant (support for THE JOURNEY TO BECOME A FULL-FLEDGED NCAA CHAMPIONSHIP SPORT, ALLOWING FEMALE TRIATHLETES THE OPPORTUNITY TO BE OFFICIAL NCAA STUDENT-ATHLETES AND PARTICIPATE IN COMPETITIVE DRAFT-LEGAL RACING). 100000 100000 Project Podium Grant Program - Grant funding to support Olympic development program to help identify up and coming Olympic hopefuls. 783963 true true false false false false false false false false true false false false true true false true false false false false false false false false false true true true false false false false false false false false true false false false false true false false false true 51 0 0 false false false false false true true false false false false false false X 13 13 false true false false true true true true true false false true true true true false true true true false CO X THE ORGANIZATION 7198845604 5825 DELMONICO DRIVE 200 COS CO 80919 Gabe Cagwin President 5.0 55.0 X 0 262948 5597 Alex Egan Chair 5.0 0.0 X X 0 0 0 Stephen Ban Past Chair 5.0 0.0 X X 0 0 0 Brenda Smith Secretary 5.0 0.0 X X 0 0 0 Jacqueline McCook Trustee 5.0 0.0 X 0 0 0 Melissa Stockwell Trustee 5.0 0.0 X 0 0 0 Paul Gompers Trustee 5.0 0.0 X 0 0 0 John Cassimatis Trustee 5.0 0.0 X 0 0 0 William Bill Shenkin Trustee (from 10/2022) 5.0 0.0 X 0 0 0 Frantz Alphanso Trustee (from 10/2022) 5.0 0.0 X 0 0 0 Reggie Waller Trustee (from 10/2022) 5.0 0.0 X 0 0 0 Audra Mallow Trustee (from 3/2022) 5.0 0.0 X 0 0 0 Greg Goolsby Trustee 5.0 0.0 X 0 0 0 0 262948 5597 0 false true false USA TRIATHLON OF COLORADO 5825 DELMONICO DRSTE200 COLORADO SPRINGS CO 80919 CONTRACTED SERVICES 194255 1 175000 2006855 200672 2181855 0 21 21 0 5585 5585 0 0 0 124647 126866 -2219 -2219 -2219 0 0 0 0 0 0 0 0 0 0 2185242 3387 275000 275000 508848 508848 0 0 0 0 0 0 0 0 180257 180257 0 0 0 0 0 31168 115 31053 12648 12648 30276 30276 10590 10590 0 230 230 192743 192743 0 0 0 0 2262 2262 3683 3683 RENTAL EQUIPMENT 22820 22820 STATE REGISTRATION FILING FEES 3100 3100 1273625 783963 489662 0 467534 705196 0 0 186389 704426 28897 69203 0 0 0 0 0 0 0 0 9916 6162 11297 8960 4598 2337 1 124369 0 0 0 0 0 0 0 0 697335 1611693 71865 40450 0 0 6000 53775 0 0 0 0 0 0 0 0 156668 159500 76959 60508 311492 314233 X -101820 -100703 487663 1398163 385843 1297460 697335 1611693 911617 X false true X true false X 245415 481596 628988 1294001 2181855 4831855 0 0 245415 481596 628988 1294001 2181855 4831855 308273 4523582 10 412 5 7 5606 6040 0 0 4837895 63974 0.93503 0.91941 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 11297 8960 2337 2337 0 DUE TO USA TRIATHLON OF COLORA 60508 60508 X 2816682 631440 631440 2185242 2185242 1905065 631440 631440 1273625 1273625 Part X, Line 2 Triathlon and the Foundation qualify as tax-exempt organizations under the provisions of Section 501(c)(3) of the Internal Revenue Code. Income from activities not directly related to Triathlon's and the Foundation's tax-exempt purpose is subject to taxation as unrelated business income. Triathlon and the Foundation are subject to examination by various taxing authorities generally for three to five years after the filing of their Return of Organization Exempt from Income Tax (Form 990). Triathlon and the Foundation do not believe that they have any uncertain tax positions that are material to the consolidated financial statements. true Wingate University 220 N Camden Road Wingate NC 28174 566049935 501(c)(3) 10000 See Part IV Hampton University 121 Holland Hall Hampton VA 23668 540505990 501(c)(3) 15000 See Part IV Alvernia University 400 St Bernardine Street Reading PA 19607 231522643 501(c)(3) 10000 See Part IV Newberry College 2100 College Street Newberry SC 29108 570314404 501(C)(3) 25000 See Part IV Belmont Abbey College 100 Belmont Mount Holly Road Belmont NC 28012 560547498 501(C)(3) 10000 See Part IV Humboldt State University 1 Harpst St Arcata CA 95521 680282413 501(C)(3) 65000 See Part IV The University of Arizona 888 N Euclid Ave Tucson AZ 85721 742652689 Government 40000 See Part IV USA TRIATHLON OF COLORADO 5825 DELMONICO DRSTE200 COLORADO SPRINGS CO 80919 461178146 501(C)(3) 100000 See Part IV 8 0 ATHLETE TUITION/UNIFORMS/SUPPLIES/STIPEND 66 406443 102405 fmv athletic supplies Sch I Part 1 line 2 PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS: USATF TRANSFERS RESTRICTED GRANTS UPON CASH RECEIPT OF A RESTRICTED GIFT. THE USATF RELEASES FUNDS WHEN IT HAS SUBSTANTIATED IT HAS SATISFIED ANY DONOR IMPOSED RESTRICTIONS ON THE CONTRIBUTIONS. SCH I, Part II, Column H, Line 1 - 8 purpose: to provide operational support for Triathlon clubs and athletic programs. X X false false false false false false false false false Gabe Cagwin President 262948 3567 2030 268545 schedule j, Part I, Line 3 The filing organization, USA Triathlon Foundation (FDN), did not employ any individuals during the 2022 calendar year. a Related organization, USA Triathlon of Colorado (USAT), provided contracted services to the FDN for the 2022 year, which included contracted management services. The contracted management services were performed primarily by Mr. Gabe Cagwin. Since Mr. Cagwin is an employee of a related organization, and served as the acting top management / top financial Officer of the FDN, through his contracted role of President of the FDN, his compensation from USAT have been reported on Form 990 Part VII, and Schedule J, Part II. Related organization, USAT, has a Compensation committee and a compensation policy in place for Officers and Key employees. FOR KEY EMPLOYEES, THE CFO USES SURVEYS AND INDUSTRY KNOWLEDGE TO DEVELOP A RANGE FOR EACH SALARy POSITION AT USAT. THE CFO/CEO PROPOSES OVERALL PAY SCALES DURING EACH BUDGET REVIEW AND IN NOVEMBER, THE USAT BOARD APPROVES, OR APPROVES WITH CHANGES, THE FOLLOWING YEAR's BUDGET and proposed compensation packages. X 2 117072 Avg Trading Value X ATHLETIC CLOTHING/EQUIPMENT 8 83600 FMV 0 false false false Schedule M, Part I, Column B COLUMN (B) FOR LINE 9 and line 25 REPORT THE NUMBER OF CONTRIBUTIONS RECEIVED. Form 990, Part I, Line 1 USA Triathlon Mission (continued): to triathlon to those whom it might not otherwise be possible. The foundation focuses on three key areas (youth, paratriathlon, and every athlete chasing his or her Olympic dreams). Form 990, Part III, Line 1 The foundation focuses on three key areas (youth, paratriathlon, and every athlete chasing his or her Olympic dreams). Form 990, Part VI, Section A, Line 3 BEginning in the calendar year 2022, USA Triathlon Foundation (FDN), contracted with the related organization USA Triathlon (USAT), for the use of facilities, programmatic services, and management/ administrative services including IT support services. Since USAT and FDN are related organizations, all the compensation paid during the 2022 calendar year to individuals serving AS OFFICERS OF THE FDN, who were employed by USAT, HAVE been detailed out on Form 990, Part VII, Section A. The following individuals served the FDN during the 2022 calendar year as officers, within a contracted service arrangement: Gabe Cagwin, President. Form 990, Part VI, Section A, Line 6 The organization has one voting member, USA Triathlon. Form 990, Part VI, Section A, Line 7A The sole voting member, USA Triathlon, appoints all members of the board of directors. Form 990, Part VI, Section A, Line 7B All Amendments to governing documents, including the articles of incorporation and bylaws, must be approved by the sole voting member, USA Triathlon. Form 990, Part VI, Section B, Line 11B THE FORM 990 WILL BE REVIEWED BY the board Chair, and the related organization'S CFO (USA Triathlon) . AFTER THIS PRELIMINARY REVIEW, THE FORM 990 IS SUBMITTED TO THE FULL BOARD FOR REVIEW and approval BEFORE THE RETURN IS FILED with the IRS. Form 990, Part VI, Section B, Line 15 A B The Organization did not have any employees or paid officers during the 2022 calendar year. However, a compensation policy is in place that would require the Board as a whole, as the Executive Committee, to review the compensation of all officers by comparing their compensation to compensation of individuals in like positions, in like organizations using Form 990, compensation studies, and other available data. The Board or Committee would then approve any changes in compensation based on this information. Form 990, Part VI, Section C, Line 19 THE ORGANIZATION WILL PROVIDE IN A TIMELY MANNER, COPIES OF ALL GOVERNING DOCUMENTS INCLUDING ITS CONFLICT OF INTEREST POLICIES AND FINANCIAL STATEMENTS WHEN REQUESTED IN WRITING OR IN PERSON. Form 990 Part VIII, Line 1g Form 990, Part IX, Lines 11 g USA TRIATHLON (USAT) PROVIDED CONTRACTED SERVICES TO USA TRIATHLON FOUNDATION (FDN) DURING THE 2022 YEAR IN THE AMOUNT OF $821,345. THE FDN PAID USAT $194,255 FOR THESE CONTRACTED SERVICES. THE REMAINING BALANCE OF $627,090, DUE TO USAT, WAS FORGIVEN/ CONTRIBUTED BACK TO THE FDN BY USAT. FOLLOWING IRS REPORTING REQUIREMENT, THE INKIND SERVICE CONTRIBUTION OF $627,090 HAS BEEN EXCLUDED FROM THE FDN'S FORM 990 PART VIII STATEMENT OF REVENUE, AND FORM 990 PART IX FUNCTIONAL EXPENSE. THE CONTRIBUTED SERVICES ARE ALSO NOT INCLUDED ON SCHEDULE B, SCHEDULE OF CONTRIBUTORS. USA Triathlon 5825 Delmonico Sr STE 200 Colorado Springs CO 80919 461178146 NGB of triath CO 501(c)(3) Line 10 NA false false true true true true false false false false true false true true false true true true true