Overview
What is Usa Track & Field Inc?
USA Track & Field Inc, based in Indianapolis, Indiana, is a renowned nonprofit organization dedicated to elite track and field athletics in the United States. With a workforce of 97 employees, they offer domestic and international competitive opportunities for American elite athletes across all disciplines of track and field, long distance running, and race walking. They host over 100 national championships and 5-10 domestic non-championship elite competitions each year. Additionally, they select and sponsor teams for approximately 20 international competitions, including world championships and Olympic events. USA Track & Field's main objectives are to provide competitive training for athletes and raise the sport's public profile. The organization's mission is to cultivate sustained competitive excellence for American elite athletes on the international stage and promote widespread engagement in track and field, long distance running, and race walking for Americans of all ages.
Official website here: www.usatf.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Usa Track & Field Inc has been given a two-star rating by Charity Navigator, indicating that there are areas needing attention despite a strong accountability and finance score of 100%. The organization benefits from a fully independent board, which demonstrates a solid governance structure. However, there are notable weaknesses in financial transparency, particularly concerning financial statements where they scored zero out of 15 points.
While the program expense ratio is commendable at 25 out of 25 points, indicating that funds are allocated effectively towards its mission, the organization's liabilities to assets ratio also scored zero, raising concerns about its financial stability. The salaries of key personnel are significantly high, with the CEO earning over $1.2 million, which may affect perceptions of fiscal responsibility among donors and stakeholders.
Overall, while Usa Track & Field Inc has strong governance practices in place, the lack of financial documentation and high executive compensation could lead to skepticism about its operational efficiency and commitment to its mission. Addressing these issues could enhance its rating and trust within the community it serves.
This AI summary has been generated from information found on Charity Navigator.
Is Usa Track & Field Inc legitimate?
Usa Track & Field Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Usa Track & Field 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: $4,487,178
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,401,191
For more financial information, click here
Official website here: www.usatf.org
What is the mission statement of Usa Track & Field Inc?
USA Track & Field Inc strives for competitive greatness in the realms of track and field, long-distance running, and race walking. Their mission is geared towards nurturing elite athletes who represent the United States in international competitions, while also fostering interest and involvement in these sports for Americans of all ages. The organization offers support programs and opportunities for both emerging and accomplished athletes, along with educational and participatory initiatives for the wider public.
Official website here: www.usatf.org
Who is the CEO of Usa Track & Field Inc?
Max Siegel is the Chief Executive Officer of Usa Track & Field Inc. The CEO's salary of Usa Track & Field Inc is $1,258,999 and their total compensation is $1,307,769.
Official website here: www.usatf.org
What is the revenue of Usa Track & Field Inc?
Usa Track & Field Inc's revenue in 2022 was $37,941,567.
Official website here: www.usatf.org
Who are the executives of Usa Track & Field Inc and what are their salaries?
The average compensation at Usa Track & Field Inc during 2022 was $81,323. There are 97 employees and 13000 volunteers at Usa Track & Field Inc.
Here are 37 key members and their salaries (Usa Track & Field Inc's CEO's salary is $1,258,999 and their total compensation is $1,307,769):
- Compensation: $1,258,999
- Related: $0
- Other: $48,770
- Compensation: $594,933
- Related: $0
- Other: $43,053
- Compensation: $266,916
- Related: $0
- Other: $61,470
- Compensation: $322,053
- Related: $0
- Other: $39,107
- Compensation: $274,055
- Related: $0
- Other: $52,365
- Compensation: $244,989
- Related: $0
- Other: $35,796
- Compensation: $225,000
- Related: $0
- Other: $20,462
- Compensation: $177,385
- Related: $0
- Other: $38,791
- Compensation: $170,545
- Related: $0
- Other: $17,951
- Compensation: $144,622
- Related: $0
- Other: $17,999
- Compensation: $128,822
- Related: $0
- Other: $26,805
- Compensation: $126,637
- Related: $0
- Other: $28,988
- Compensation: $112,367
- Related: $0
- Other: $19,548
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Official website here: www.usatf.org
Where can I find the form 990 for Usa Track & Field Inc?
Usa Track & Field Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.usatf.org
Learn more at the official website: www.usatf.org
Mission Statement of Usa Track & Field Inc
USA Track & Field, a renowned nonprofit organization, is dedicated to igniting competitive greatness and widespread enthusiasm for the sports of track and field, long distance running, and race walking. By supporting both elite and budding athletes, this mission-driven entity strives to create a thriving environment for athletic achievement on the international stage.
In pursuit of its objectives, USA Track & Field offers a range of programs that cater to the needs of diverse groups. Elite athletes are provided with vital resources, such as financial assistance and training opportunities, allowing them to excel on the international competitive scene. Meanwhile, the organization extends its reach to the broader community, offering education and engagement opportunities for individuals of all ages, from youth to masters. These initiatives encourage widespread participation and a lifelong appreciation for the sports that USA Track & Field champions.
USA Track & Field's mission is twofold. First, it focuses on nurturing competitive excellence among elite athletes, ensuring that they represent the United States with distinction in international competitions. Second, it aims to foster interest and involvement in the sport for all Americans, promoting a culture of participation and a passion for athletics that extends beyond the competitive arena. Through its various programs and initiatives, USA Track & Field is committed to enriching the lives of individuals and inspiring a new generation of athletic stars.
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Impact
October, 2024
USA Track & Field Inc plays a pivotal role in enhancing the sport of track and field, long distance running, and race walking across the United States. By driving competitive excellence, the organization provides crucial support and opportunities for elite and emerging athletes, fostering an environment where athletes can thrive and represent the nation on international stages.
Through its activities, USA Track & Field stages over 100 national championships each year, offering athletes a platform to showcase their talents and compete at high levels. This includes not only championship events but also domestic competitions, strengthening the competitive landscape for athletes of all skill levels. The organization fields elite teams for approximately 20 international competitions, including prestigious events like the Olympics and World Championships, ensuring American athletes can compete on the global stage.
Beyond elite competitions, USA Track & Field fosters a rich culture of participation across all age groups. It provides educational resources and engagement opportunities, inspiring a diverse audience to participate in the sport. This commitment to education, diversity, and community engagement helps to cultivate a lifelong interest in track and field, benefiting athletes from youth to masters.
Overall, USA Track & Field Inc significantly impacts the athletic landscape by promoting the sport, enhancing competitive opportunities, and nurturing the next generation of athletes while maintaining a strong focus on sustained excellence and inclusivity.
This information is meant to be a general summary of Usa Track & Field 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 2022.
- Investment Income: $180,236
- Program Service Revenue: $27,571,192
- Gross Receipts: $41,775,210
Assets and Liabilities:
- Total Assets: $34,268,043
- Total Liabilities: $33,670,050
- Net Assets: $597,993
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Sponsorships & Royalties
Revenue
$23,303,981
Membership Fees
Revenue
$2,192,133
Sanction Fees
Revenue
$1,059,314
Event Rights, Entries, Tickets
Revenue
$1,015,764
Organization Details
Founding Year
1979
Phone
(317) 713-4651Principal Officer
Max Siegel
Main Address
130 East Washington Street 800, Indianapolis, IN, 46204
Website
www.usatf.orgNTEE Category
Code: N700 - Recreation
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