Overview
What is United States Figure Skating Association?
The United States Figure Skating Association, based in Colorado Springs, CO, serves as the recognized national governing body for the sport of figure skating in the United States. As the USOC's designated representative and International Skating Union (ISU) member, they are committed to fostering and promoting figure skating at all levels. The mission of this nonprofit organization is to offer various programs that encourage participation and achievement in the sport, providing a rich and rewarding experience for athletes.
Official website here: www.usfsa.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
The United States Figure Skating Association has received an impressive Four-Star rating from Charity Navigator, demonstrating exceptional performance in accountability and finance. The organization achieved a full score in most key areas, indicating strong governance practices, including a fully independent board and robust financial oversight mechanisms.
With a program expense ratio of 73.05%, the association effectively utilizes a significant portion of its resources towards its mission-driven activities. The absence of material diversion of assets and comprehensive policies such as conflict of interest, whistleblower protection, and document retention further showcase the organization's commitment to transparency and ethical management.
However, while the overall financial health is commendable, the liabilities to assets ratio of 54.92% suggests that there may be some level of financial obligation that the organization maintains. Nonetheless, the strengths overwhelmingly highlight the United States Figure Skating Association as a well-managed nonprofit dedicated to its purpose.
This AI summary has been generated from information found on Charity Navigator.
Is United States Figure Skating Association legitimate?
United States Figure Skating Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. United States Figure Skating Association 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: $515,642
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,775,330
For more financial information, click here
Official website here: www.usfsa.org
What is the mission statement of United States Figure Skating Association?
The United States Figure Skating Association functions as the national governing body for the sport of figure skating in the US. It is recognized by the US Olympic Committee and is a member of the International Skating Union. The mission of the association is geared towards fostering participation and encouraging achievement in figure skating. By providing programs, it supports the development and growth of athletes in the sport. The Association's role extends beyond the athletic aspect, as it aims to promote figure skating within the broader community.
Official website here: www.usfsa.org
Who is the CEO of United States Figure Skating Association?
Tracy Marek is the Executive Director of United States Figure Skating Association.
Official website here: www.usfsa.org
What is the revenue of United States Figure Skating Association?
United States Figure Skating Association's revenue in 2022 was $26,560,915.
Official website here: www.usfsa.org
Who are the executives of United States Figure Skating Association and what are their salaries?
The average compensation at United States Figure Skating Association during 2022 was $80,166. There are 66 employees and 2000 volunteers at United States Figure Skating Association.
Here are 33 key members and their salaries:
- Compensation: $271,583
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- Other: $15,346
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- Other: $19,483
- Compensation: $180,587
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- Other: $21,061
- Compensation: $161,869
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- Other: $13,959
- Compensation: $137,289
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Official website here: www.usfsa.org
Where can I find the form 990 for United States Figure Skating Association?
United States Figure Skating Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.usfsa.org
Learn more at the official website: www.usfsa.org
Mission Statement of United States Figure Skating Association
The United States Figure Skating Association, often referred to as USFSA, serves as the National Governing Body for the sport of figure skating in the United States. With the recognition of the United States Olympic Committee and membership in the International Skating Union, USFSA is dedicated to fostering participation and achievement in figure skating.
In pursuit of its mission, USFSA provides a range of programs designed to support and develop athletes. These initiatives aim to cultivate the skills and talents of figure skaters across the country, ultimately contributing to the broader success of the sport. By encouraging growth and progress, USFSA plays a vital role in nurturing the next generation of figure skating stars.
As the leading organization for figure skating in the US, USFSA is committed to fostering a strong community of athletes, coaches, and fans. Through its various programs and initiatives, USFSA strives to create a supportive environment where figure skaters can thrive and reach their full potential. Whether on the ice or off, USFSA remains dedicated to advancing the sport of figure skating and inspiring passion and excellence in all who engage with it.
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Impact
October, 2024
The United States Figure Skating Association plays a crucial role in promoting and developing the sport of figure skating across the nation. As the national governing body, it establishes standards for competitions, ensures athlete safety, and provides essential resources and support for skaters at all levels of experience. By encouraging participation through various programs, the organization fosters a vibrant community of skaters, coaches, and officials.
Headquartered in Colorado Springs, CO, the association also serves as the U.S. representative in international figure skating, further enhancing the country's presence in the global arena. Its commitment to athlete development and achievement not only assists in cultivating elite competitors but also inspires recreational skaters to embrace the sport, thereby enriching the overall figure skating landscape in the United States.
This information is meant to be a general summary of United States Figure Skating Association. 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: -$218,965
- Program Service Revenue: $18,070,037
- Gross Receipts: $27,990,953
Assets and Liabilities:
- Total Assets: $14,861,532
- Total Liabilities: $4,761,739
- Net Assets: $10,099,793
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BROADCASTING & LICENSING
Revenue
$6,635,563
MEMPERSHIP DUES
Revenue
$5,190,478
SKATING EVENTS
Revenue
$4,367,988
ADMISSIONS & ACTIVITY
Revenue
$1,703,269
PUBLICATIONS
Revenue
$172,739
Organization Details
Founding Year
1921
Phone
(719) 635-5200Principal Officer
Tracy Marek
Main Address
20 FIRST STREET, COLORADO SPRINGS, CO, 80906
Website
www.usfsa.orgNTEE Category
Code: N70 - Recreation
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