Overview
What is Usa Bobsledskeleton Inc?
Usa Bobsledskeleton Inc, located in Clarksville, Tennessee, serves as a nonprofit organization dedicated to the promotion and support of bobsled and skeleton athletes in the United States. With a team of 20 individuals, their mission is to empower American athletes to achieve sustained competitive success in these sports, while also pursuing personal excellence and well-being. They do this by recruiting, developing, and training athletes for elite international competition, providing them with the necessary resources for their ultimate pursuit of competitive excellence and Olympic participation. Usa Bobsledskeleton Inc supports the sports of bobsled and skeleton in the U.S. and fosters the participation of American athletes in international competitions.
Official website here: www.teamusa.org/usa-bobsled-skeleton-federation
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100% (Four-Star out of Four Star rating)
Usa Bobsledskeleton Inc holds an impressive Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and finance. The organization excels in various areas, particularly in having a majority of independent board members and a robust audit and oversight committee. Additionally, they demonstrate transparency with their financial statements and governance policies, contributing to their high performance score.
The charity's financial efficiency is commendable, with a program expense ratio of 78.33%, indicating a significant portion of resources is directed toward its mission. Furthermore, the organization maintains a favorable liabilities to assets ratio of 11.81%, suggesting they are financially stable and responsible in their operations. Their whistleblower and conflict of interest policies also enhance their credibility.
However, it is worth noting that the fundraising efficiency ratio of $0.062 may indicate room for improvement in their fundraising strategies. While their overall financial health and governance measures are strong, enhancing fundraising efforts could further bolster the organization's capacity to serve its mission effectively.
This AI summary has been generated from information found on Charity Navigator.
Is Usa Bobsledskeleton Inc legitimate?
Usa Bobsledskeleton Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Usa Bobsledskeleton Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $226,634
Professional Fundraising Fees: $60,184
Other Salaries and Wages: $915,715
For more financial information, click here
Official website here: www.teamusa.org/usa-bobsled-skeleton-federation
What is the mission statement of Usa Bobsledskeleton Inc?
U.S.A. Bobsled and Skeleton Inc. is devoted to promoting the sports of bobsled and skeleton in the United States, fostering the participation of American athletes in elite international competitions. The organization supports its athletes through recruitment, development, and training, aiming for competitive excellence and Olympic participation. Their mission is to empower U.S. athletes to achieve sustained competitive success in bobsled and skeleton, pursuing personal excellence and well-being. The primary focus is on enabling American athletes to excel in these sports on a global stage.
Official website here: www.teamusa.org/usa-bobsled-skeleton-federation
Who is the CEO of Usa Bobsledskeleton Inc?
Aron Mcguire is the Chairman of Usa Bobsledskeleton Inc. The CEO's salary of Usa Bobsledskeleton Inc is $186,390 and their total compensation is $215,607.
Official website here: www.teamusa.org/usa-bobsled-skeleton-federation
What is the revenue of Usa Bobsledskeleton Inc?
Usa Bobsledskeleton Inc's revenue in 2023 was $3,558,341.
Official website here: www.teamusa.org/usa-bobsled-skeleton-federation
Who are the executives of Usa Bobsledskeleton Inc and what are their salaries?
The average compensation at Usa Bobsledskeleton Inc during 2023 was $57,117. There are 20 employees and 5 volunteers at Usa Bobsledskeleton Inc.
Here are 21 key members and their salaries (Usa Bobsledskeleton Inc's CEO's salary is $186,390 and their total compensation is $215,607):
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- Compensation: $186,390
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- Other: $29,217
Official website here: www.teamusa.org/usa-bobsled-skeleton-federation
Where can I find the form 990 for Usa Bobsledskeleton Inc?
Usa Bobsledskeleton Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.teamusa.org/usa-bobsled-skeleton-federation
Learn more at the official website: www.teamusa.org/usa-bobsled-skeleton-federation
Mission Statement of Usa Bobsledskeleton Inc
Usa Bobsledskeleton Inc, with a focus on promoting the sports of bobsled and skeleton in the United States, aims to foster the participation of American athletes in elite international competitions. The organization supports its athletes through various means, including recruitment, development, and rigorous training, all in pursuit of competitive excellence and Olympic participation. Usa Bobsledskeleton Inc's mission is to empower United States athletes to achieve sustained competitive success in bobsled and skeleton, while simultaneously encouraging personal excellence and well-being.
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Impact
October, 2024
USA Bobsled/Skeleton Inc. plays a pivotal role in the promotion and development of bobsled and skeleton sports in the United States. By actively supporting top athletes through various competitive platforms, including the World Cup and World Championships, the organization ensures that American athletes are well-prepared for elite international competitions.
Their comprehensive approach focuses on recruitment, training, and development, fostering an environment where athletes can achieve both competitive excellence and personal growth. Through targeted programs, USA Bobsled/Skeleton empowers athletes to pursue their Olympic dreams while enhancing their overall well-being. This commitment not only heightens the profile of winter sports in the U.S. but also contributes to the country's competitiveness on the global stage.
Located in Clarksville, TN, the organization serves as a central hub for athletes aspiring to excel in bobsled and skeleton, ultimately shaping the future of these exhilarating sports in America.
This information is meant to be a general summary of Usa Bobsledskeleton Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: -$78,718
- Program Service Revenue: $594,493
- Gross Receipts: $3,637,603
Assets and Liabilities:
- Total Assets: $5,766,080
- Total Liabilities: $681,003
- Net Assets: $5,085,077
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CORPORATE SPONSORSHIP
Revenue
$475,012
OTHER PROGRAM FEES
Revenue
$53,107
USOPC MEDIA AGREEMENT
Revenue
$50,000
MEMBERSHIP DUES
Revenue
$16,374
Organization Details
Founding Year
1977
Phone
(719) 351-2400Principal Officer
Aron Mcguire
Main Address
PO BOX 3726, CLARKSVILLE, TN, 37043
NTEE Category
Code: N70 - Recreation
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