Overview
What is Usa Triathlon Foundation?
The USA Triathlon Foundation, situated in Colorado Springs, Colorado, is a dedicated nonprofit organization. Their primary objective is to foster and advocate for triathlon, creating opportunities for diverse athletes across various skill levels and age groups. In 2022, the foundation offered grant programs such as Youth pillar grants, DEIA Pillar Grants, Bridget Inspires Grants, and the NCAA Women's emerging sports grant, aiming to encourage participation and inclusion in triathlon events. The mission of USA Triathlon Foundation is to support and promote triathlon, aiming to make this sport accessible to those who may not have had the chance otherwise.
Official website here: www.usatriathlonfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 90% - Four-Star out of Four Star rating
The Usa Triathlon Foundation has achieved a notable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. With an overall score of 90%, the organization excels particularly in culture and community, where it received a perfect score of 100. This highlights its commitment to fostering a positive environment and engaging with the community effectively.
Strengths of the organization include its independent board composition, with all members being independent, and a robust oversight structure for financial statements. Additionally, the foundation demonstrates strong financial health, boasting low liabilities relative to assets and a healthy working capital ratio. Their commitment to transparency is evident through well-documented board meeting minutes and clear conflict of interest policies.
However, the foundation does face some challenges, particularly in its program expenses and fundraising efficiency. The program expense ratio is somewhat low at 58.62%, suggesting that a smaller portion of its revenue is directed toward programs compared to other operational costs. Furthermore, the fundraising efficiency ratio indicates that there is room for improvement in how effectively the organization raises funds. Despite these challenges, the Usa Triathlon Foundation continues to demonstrate a high level of accountability and community engagement.
This AI summary has been generated from information found on Charity Navigator.
Is Usa Triathlon Foundation legitimate?
Usa Triathlon Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Usa Triathlon Foundation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.usatriathlonfoundation.org
What is the mission statement of Usa Triathlon Foundation?
The USA Triathlon Foundation's mission is centered around supporting and promoting triathlon, aiming to make it accessible to individuals who might otherwise not have the opportunity. Through various grant opportunities, such as Youth pillar grants, DEIA Pillar Grants, Bridget Inspires Grants, and the NCAA Women's emerging sports grant, the foundation encourages participation and fosters inclusivity in triathlon across different skill levels and age divisions.
Official website here: www.usatriathlonfoundation.org
Who is the CEO of Usa Triathlon Foundation?
Victoria Brumfield is the President of Usa Triathlon Foundation.
Official website here: www.usatriathlonfoundation.org
What is the revenue of Usa Triathlon Foundation?
Usa Triathlon Foundation's revenue in 2022 was $2,185,242.
Official website here: www.usatriathlonfoundation.org
Who are the executives of Usa Triathlon Foundation and what are their salaries?
There 10 volunteers at Usa Triathlon Foundation.
Here are 13 key members and their salaries:
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- Other: $5,597
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Official website here: www.usatriathlonfoundation.org
Where can I find the form 990 for Usa Triathlon Foundation?
Usa Triathlon Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.usatriathlonfoundation.org
Learn more at the official website: www.usatriathlonfoundation.org
Mission Statement of Usa Triathlon Foundation
The USA Triathlon Foundation, a dedicated organization, is committed to fostering and promoting triathlon. Its mission is twofold: to support the growth and development of triathlon as a sport, and to create opportunities for individuals who might otherwise be unable to participate. The Foundation achieves this by providing various grant opportunities, each catering to a specific segment of the triathlon community.
Under the 'Youth Pillar Grants,' the Foundation supports programs and individuals that encourage youth participation in triathlon. This is a significant step towards nurturing future generations of triathletes. The 'DEIA Pillar Grants,' on the other hand, aim to inspire pathways to access and inclusion in triathlon for diverse and underrepresented communities. This pillar is a testament to the Foundation's commitment to promoting equality and inclusivity in the sport.
The 'Bridget Inspires Grants' are specifically designed to aid young female triathletes. By providing support to these athletes, the Foundation is helping to foster their talent and potential in the sport. Additionally, the Foundation extends its reach to female triathletes through the NCAA Women's emerging sports grant. This grant allows female triathletes to become official NCAA student-athletes, thereby providing them with the opportunity to participate in competitive draft-legal racing.
In essence, the USA Triathlon Foundation's mission is to champion triathlon and create access to the sport for those who might not otherwise have the opportunity. Through its grant programs, the Foundation is making significant strides in encouraging youth participation, promoting diversity and inclusion, and supporting female athletes in their journey to become NCAA champions.
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Impact
July, 2024
The impact of the USA Triathlon Foundation is evident through its support of numerous athletes of all skill levels and age divisions. Through grant opportunities such as Youth pillar grants, DEIA Pillar Grants, Bridget Inspires Grants, and the NCAA Women's emerging sports grant, the Foundation has enabled individuals to participate in triathlon and access pathways that may not have been possible otherwise. By promoting triathlon and fostering inclusion and diversity within the sport, the Foundation is creating opportunities for athletes to pursue their passion and reach their full potential.
This information is meant to be a general summary of Usa Triathlon Foundation. 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: -$2,198
- Gross Receipts: $2,312,108
Assets and Liabilities:
- Total Assets: $1,611,693
- Total Liabilities: $314,233
- Net Assets: $1,297,460
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Organization Details
Founding Year
2014
Phone
(719) 884-5604Principal Officer
Victoria Brumfield
Main Address
5825 Delmonico Drive Suite 200, Colorado Springs, CO, 80919
NTEE Category
Code: N01 - Recreation
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