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Triathlon Federation USA



Also Known As: USAT
616 West Monument St
Colorado Springs, CO 80905

GENERAL INFORMATION

Contact: Ms. Gina DeMarco, Associate Marketing Director
Telephone: (719) 597-9090
Fax: (719) 597-2121
E-mail: gina@usatriathlon.org
Web Site:www.usatriathlon.org

Who We Are

USA Triathlon is the national governing body for the sports of triathlon and duathlon within the US -- coordinating grass roots and elite multi-sport events throughout the country and working to create interest and participation in these programs while promoting a healthy lifestyle of competition and training for all ages and abilities.

  • This organization is a 501(c)(3) Public Charity .
  • This organization is required to file an IRS Form 990 or 990-EZ.
  • Financial information in this report is derived from the organization's December 31, 2007 Form 990.
  • Additional narrative information in this report was last supplied by the organization on April 10, 2002.
  • It makes its audited financial statements available to the public upon request.
  • Contributions are deductible, as provided by law.

How to Help

This organization is seeking funds from contributions and grants. These funds will be used for unrestricted operating expenses and special projects.

Location(s) Served

  • National

NTEE Code

  • N71—Olympics Committees and Related International Competitions
EIN: 68-0047940
Year Founded: 1984
Ruling Year: 1986
Fiscal Year: December 31, 2007
Assets: $3,456,678 (from Dec 31, 2007 Form 990)
Income: $9,522,080 (from Dec 31, 2007 Form 990)
No. of Board Members: 11
No. of Full-Time Employees: 11-20
No. of Part-Time Employees: 1-5
No. of Volunteers: 101-500

Chief Executive

Mr Steven Locke

Chief Executive Profile

Steven Locke became the executive director of USA Triathlon in 1991. His duties include the plannning, organizing, and directing of controlling the day to day activities of the organization. During Locke's tenure at USAT, he convinced the US Olympic Committee to begin funding Triathlon's Olympic efforts one year earlier than planned. He was previously with the Indiana State Park System for 20 years. Locke graduated from Ball State University with a degree in biology.

BOARD OF DIRECTORS

Name

Title

Ray Plotecia President
Karen Buxton Member At Large
Diane Travis Treasurer
Valerie Gattis Central Representative
Jack Weiss Central Representative
Fred Sommer Vice President
Tim Becker Western Rep
Jim Girand Western Rep
Amanda Pagon Athlete Rep
Victor Plata Athlete Rep
Eric Schwartz Athlete Rep

MISSION AND PROGRAMS

Mission

USA Triathlon, founded in 1984, grew out of a competitive spirit and the need for a challenge by recreational runners and swimmers in the California area. Today,the multi-sport event known as triathlon has grown to encompass a greater purpose. USA Triathlon's mission is to provide leadership and structure for the growth and development of excellence in the sport. USA Triathlon's vision is to be the "gold standard" for triathlon worldwide. USA Triathlon will inspire fitness as a healthy lifestyle, create a culture for excellence in leadership and competition, and be a world leader in sport.

Programs

USA Triathlon's programs include triathlon and duathlon training camps, a Junior and Under 23 National Triathlon series - providing a competition platform that has international rules so younger athletes can gain experience for international competition, a school program where USAT representatives visit gym/health programs and educate them about the sports of triathlon and duathlon as well as healthy fitness and eating habits, A National Age Group Championship - which provides a national platform competition for amateur triathletes, an Elite National Championship - which provides a training and competition platform for Olympic hopefuls from the US as well as other nations.

GOALS AND RESULTS

Accomplishments for Fiscal Year Ending December 31, 2001

  1. We sanctioned over 716 events throughout the U.S. Providing lower cost insurance to individuals wishing to foster the grass root expansion of the sport.
  2. Assisted in the coordination of a National Senior race series which encouraged competition in the sport for individuals over 55.

Objectives for Fiscal Year Beginning January 1, 2002

  1. To promote the sport of triathlon and duathlon to a greater population by offering introductory triathlon training camps, visiting more school programs, promoting the Junior and Under 23 Race Series, producing more branded items.
  2. Make the Junior and Under 23 Race Series the most successful event USA Triathlon has ever produced.
  3. Exposing more athletes to the best, most organized, safest events in the uS.

Self Assessment

USA Triathlon tracks its reach mostly in 3 distinct ways :1) number of sanctioned triathlon / duathlon / training events 2) number of annual members 3) number of single event members


FINANCIAL DATA

Revenues and Expenses: Fiscal Year Ending December 31, 2007

REVENUE  
Contributions $2,105,589
Government Grants $0
Program Services $1,269,246
Investments $155,149
Special Events $0
Sales $0
Other $5,992,096
Total Revenue $9,522,080
EXPENSES  
Program Services $6,901,169
Administration $901,922
Other $577,377
Total Expenses $8,380,468
Net Gain/Loss $1,141,612

Balance Sheet: Fiscal Year Ending December 31, 2007

Note: The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot long survive, but the types of assets and liabilities also must be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

ASSETS January 1, 2007 December 31, 2007 Change
Cash & Equivalent $40,699 $1,323,348 $1,282,649
Accounts Receivable $78,760 $35,918 ($42,842)
Pledges & Grants Receivable $0 $0 $0
Receivable / Other $0 $0 $0
Inventories for Sale of Use $57,074 $36,674 ($20,400)
Investment/Securities $1,626,429 $1,710,698 $84,269
Investment/Other $0 $0 $0
Fixed Assets $329,347 $37,291 ($292,056)
Other $63,385 $312,749 $249,364
Total Assets $2,195,694 $3,456,678 $1,260,984
LIABILITIES January 1, 2007 December 31, 2007 Change
Accounts Payable $314,711 $231,109 ($83,602)
Grants Payable $0 $0 $0
Deferred Revenue $289,114 $542,360 $253,246
Loans and Notes $0 $0 $0
Tax-Exempt Bond Liabilities $0 $0 $0
Other $0 $0 $0
Total Liabilities $603,825 $773,469 $169,644
FUND BALANCE $1,591,869 $2,683,209 $1,091,340


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