2024-11-05T16:28:44-06:00 2023-12-31 201766527 WAUGH & GOODWIN LLP 1365 GARDEN OF THE GODS STE 150 COLORADO SPRINGS CO 80907 990 2023-01-01 841604168 USA BOXING INC USAB 7198662300 1 OLYMPIC PLAZA COLORADO SPRINGS CO 80909 MICHAEL MCATEE EXECUTIVE DIRECTOR 7198662300 2024-11-04 1 1 JILL J GOODWIN P00450838 7195909777 2024-11-04 2023 2024-10-15 13:58:12Z MICHAEL MCATEE 1 OLYMPIC PLAZA COLORADO SPRINGS CO 80909 10163467 0 X WWW.USABOXING.ORG X 2001 CO THE CORPORATION IS THE NATIONAL GOVERNING BODY FOR AMATEUR BOXING AND IS RESPONSIBLE FOR THE PROMOTION AND DEVELOPMENT OF AMATEUR BOXING IN THE UNITED STATES. 15 15 31 150 0 0 1624853 3169234 5189010 5971103 24037 30368 143944 153233 6981844 9323938 203128 229871 0 0 2302736 2755186 0 0 346388 3927990 5250218 6433854 8235275 547990 1088663 3723567 5701145 2165226 2973633 1558341 2727512 X THE CORPORATION IS THE NATIONAL GOVERNING BODY FOR AMATEUR BOXING AND IS RESPONSIBLE FOR THE PROMOTION AND DEVELOPMENT OF AMATEUR BOXING IN THE UNITED STATES. THE ORGANIZATION'S MISSION STATEMENT IS TO PROMOTE AND GROW OLYMPIC-STYLE AMATEUR BOXING IN THE UNITED STATES AND TO INSPIRE THE TIRELESS PURSUIT OF OLYMPIC GOLD AND ENABLE ATHLETES AND COACHES TO ACHIEVE SUSTAINED COMPETITIVE EXCELLENCE. ADDITIONALLY, USA BOXING ENDEAVORS TO TEACH ALL PARTICIPANTS THE CHARACTER, CONFIDENCE AND FOCUS THEY NEED TO BECOME RESILIENT AND DIVERSE CHAMPIONS, BOTH IN AND OUT OF THE RING. 0 0 2575805 229871 443654 DEVELOPMENT AND OTHER PROGRAMS - THE CORPORATION PROMOTES ATHLETE'S PHYSICAL AND MENTAL TRAINING IN ORDER TO FURTHER THEIR DEVELOPMENT. 2679651 5051051 MEMBERSHIP - THE CORPORATION PROVIDES OFFICIAL OLYMPIC MEMBERSHIP CREDENTIALS AS WELL AS ACCIDENT AND GENERAL LIABILITY INSURANCE TO ITS MEMBERS. 1620009 629631 NATIONAL EVENTS - THE CORPORATION SANCTIONS AMATEUR BOXING EVENTS FOR WHICH ATHLETES TRAIN AND COMPETE. JUNIOR ATHLETES TRAIN FOR AND COMPETE IN AMATEUR BOXING EVENTS. 6875465 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 1 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 72 0 1 31 1 0 0 0 0 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 1 1 0 1 1 0 1 1 1 1 1 1 1 1 1 0 0 X X THE ORGANIZATION 7198662300 1 OLYMPIC PLAZA COLORADO SPRINGS CO 80909 X TYSON LEE PRESIDENT 5.00 X X 0 0 0 ELISE SEIGNOLLE TREASURER 5.00 X X 0 0 0 HECTOR COLON VICE CHAIR 5.00 X X 0 0 0 ANGELICA COLANTUONI INDEPENDENT DIRECTOR 5.00 X 0 0 0 CHRISTY HALBERT LBC DIRECTOR 5.00 X 0 0 0 ERIC BULLER AFFILIATED GROUP MEMBER DIR 5.00 X 0 0 0 JONATHAN PRIN GENERAL MEMBERSHIP DIRECTO 5.00 X 0 0 0 EBONY HALIBURTON INDEPENDENT DIRECTOR 5.00 X 0 0 0 CHRIS TROMBETTA INDEPENDENT DIRECTOR 5.00 X 0 0 0 BRIAN CEBALLO ATHLETE DIRECTOR 5.00 X 0 0 0 FRACHON CREWS-DEZURN ATHLETE DIRECTOR 5.00 X 0 0 0 RAHIM GONZALES ATHLETE DIRECTOR 5.00 X 0 0 0 OMARI JONES ATHLETE DIRECTOR 5.00 X 0 0 0 DANIELLE PERKINS ATHLETE DIRECTOR 5.00 X 0 0 0 DARRYL SMITH INDEPENDENT DIRECTOR 5.00 X 0 0 0 MICHAEL MCATEE EXECUTIVE DIRECTOR 60.00 X 228077 0 32107 WILLIAM WALSH HEAD COACH 60.00 X 190000 0 24300 MATTHEW JOHNSON HIGH PERFORMANCE DIRECTOR 60.00 X 157688 0 23568 575765 0 79975 3 0 1 0 MCULSKY HEALTH 939 DEEPWELL DR BETHESDA MD 20817 HEALTH SERVICES 273350 1 244769 2924465 281888 3169234 MEMBERSHIP DUES 900099 5051051 5051051 NATIONAL EVENT REVENUE 711300 629631 629631 MEDIA AGREEMENT 900099 150000 150000 CORPORATE SPONSORSHIPS 900099 103792 103792 OTHER PROGRAM REVENUE 900099 36629 36629 5971103 39559 39559 827530 836721 -9191 -9191 -9191 156041 2808 153233 153233 9323938 6124336 0 30368 79370 79370 150501 150501 471991 274517 171705 25769 1807535 1464133 180374 163028 135746 87729 38960 9057 159883 115155 28360 16368 180031 134935 29170 15926 89723 89723 17775 17775 10525 10525 761666 563168 178637 19861 7551 40 7511 239471 196312 41873 1286 35123 4901 20579 9643 1756423 1570564 143924 41935 8999 8309 250 440 10767 10767 919406 919254 152 DUES AND FEES 457410 425856 27868 3686 VIK DISTRIBUTION 243343 221893 21450 BACKGROUND SCREENING 236597 236597 BOXING SUPPLIES AND EQU 202560 191120 1012 10428 252879 220384 32495 8235275 6875465 1013422 346388 80306 1446878 2455450 2569945 19560 107065 48622 159525 62546 53625 35825 253730 54112 42853 22025 11259 957969 1049645 41264 49473 3723567 5701145 614341 1005233 1083114 1348282 467771 620118 2165226 2973633 X 1558341 2727512 1558341 2727512 3723567 5701145 1088663 80508 0 X X 0 1 X 0 0 X 1153419 1513297 2002400 1624853 3169234 9463203 4651307 3177287 4091393 5332954 6127144 23380085 5804726 4690584 6093793 6957807 9296378 32843288 225 375 600 117042 115492 63283 295817 117042 115717 63658 296417 32546871 30013 25897 54138 25837 39559 175444 30013 25897 54138 25837 39559 175444 5834739 4716481 6147931 6983644 9335937 33018732 0.98570 0.98650 0.00530 0.00550 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 41762 30503 11259 12350 12350 0 11259 DUE TO USA BOXING FOUNDATION 544991 REFUNDABLE ADVANCE 25655 FUNDS HELD IN TRUST FOR OTHERS 23778 LEASE LIABILITIES 25694 620118 X 9457802 80508 63881 144389 9313413 10525 10525 9323938 8288631 63881 63881 8224750 10525 10525 8235275 PART X, LINE 2: THE CORPORATION QUALIFIES AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND, ACCORDINGLY, IS NOT SUBJECT TO FEDERAL INCOME TAX. ACCORDINGLY, NO INCOME TAX PROVISION HAS BEEN RECORDED. THE CORPORATION'S FORM 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX, IS SUBJECT TO EXAMINATION BY VARIOUS TAXING AUTHORITIES, GENERALLY FOR THREE YEARS AFTER THE DATE IT WAS FILED. MANAGEMENT OF THE CORPORATION BELIEVES THAT IT DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 PROGRAM SERVICES PROVIDING SUPPORT FOR ATHLETES TO COMPETE IN THE REGION. 191212 SOUTH AMERICA - ARGENTINA, BOLIVIA, BRAZIL, CHILE, COLUMBIA, ECUADOR, 0 0 PROGRAM SERVICES PROVIDING SUPPORT FOR ATHLETES TO COMPETE IN THE REGION. 72878 0 0 0 0 0 0 264090 0 264090 0 0 0 0 0 0 PART I, LINE 2: USA BOXING KEEPS ALL RECEIPTS AND INVOICES FOR EXPENSES INCURRED WHILE TRAVELING OUTSIDE OF THE UNITED STATES. VARIOUS HIGH PERFORMANCE EVENTS ARE HELD IN REGIONS OUTSIDE OF THE UNITED STATES. 1 USA JUDO 1 OLYMPIC PLAZA COLORADO SPRINGS CO 80909 742160691 21370 0 PROGRAM ASSISTANCE USA CURLING 2685 VIKINGS CIR STE 210 EAGAN MN 55121 366066248 39000 0 PROGRAM ASSISTANCE USA FENCING 210 USA CYCLING POINT SUITE 120 COLORADO SPRINGS CO 80919 116075952 19000 0 PROGRAM ASSISTANCE 3 ATHLETE STIPENDS 12 30500 CASH COACH STIPENDS 25 84385 CASH SCHOLARSHIPS 14 32000 CASH PART I, LINE 2: THE CORPORATION REQUIRES RECIPIENTS TO QUALIFY FOR GRANTS OR ASSISTANCE PRIOR TO RECEIVING FUNDS. SCHOLARSHIP CHECKS ARE WRITTEN TO UNIVERSITIES FOR EDUCATION EXPENSES. HIGH PERFORMANCE ATHLETES REPORT TO HP DIRECTOR ON VARIOUS REQUIREMENTS BEFORE BEING PAID MONTHLY. COACHES ARE PAID STIPENDS AT CLOSE OF EVENT. DURING 2022, THE CORPORATION PROVIDED $24,343 IN MICRO-GRANTS TO LOCAL MEMBERS/CHAPTERS FOR EQUIPMENT. X X X 0 0 0 0 0 0 0 1 0 MICHAEL MCATEE EXECUTIVE DIRECTOR 228077 0 0 0 0 0 22807 0 9300 0 260184 0 0 0 WILLIAM WALSH HEAD COACH 190000 0 0 0 0 0 15000 0 9300 0 214300 0 0 0 MATTHEW JOHNSON HIGH PERFORMANCE DIRECTOR 157688 0 0 0 0 0 14268 0 9300 0 181256 0 0 0 PART I, LINE 7 ALL EMPLOYEES ARE ELIGIBLE FOR DISCRETIONARY BONUSES BASED UPON A VARIETY OF SUBJECTIVE CRITERIA. ANY BONUSES RECEIVED ARE REPORTED IN COLUMN B(II) OF SCHEDULE J PART II. X ATHLETIC APPAREL 1 247567 FAIR MARKET VALUE X BOXING EQUIPMENT 1 19836 FAIR MARKET VALUE X DIETARY/HEALTH AND NUTRITION 1 14483 FAIR MARKET VALUE 0 0 0 PART I, COLUMN (B): THE NUMBER IN COLUMN B IS THE NUMBER OF CONTRIBUTORS. FORM 990, PART VI, SECTION A, LINE 6 USA BOXING, INC. IS A MEMBERSHIP ORGANIZATION. THE CATEGORIES OF MEMBERSHIP ARE ATHLETE, COACH, OFFICIALS, PHYSICIAN, SUPPORTING, LIFE, REGISTERED CLUBS, LOCAL BOXING COMMITTEES AND AFFILIATED ORGANIZATIONS. FORM 990, PART VI, SECTION A, LINE 7A REPRESENTATIVES FROM AFFILIATED ORGANIZATIONS ELECT ONE DIRECTOR TO THE BOARD OF DIRECTORS. THE PRESIDENTS OF THE LOCAL BOXING COMMITTEES ELECT ONE DIRECTOR TO THE BOARD OF DIRECTORS. ELITE ATHLETES ELECT THE ATHLETE REPRESENTATIVES TO THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION DISTRIBUTES ITS FORM 990 BY EMAIL FOR REVIEW BY THE BOARD OF DIRECTORS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REQUIRES ALL BOARD MEMBERS AND EMPLOYEES TO ANNUALLY SIGN A CONFLICT OF INTEREST STATEMENT AND DISCLOSE ANY POTENTIAL CONFLICTS. THESE STATEMENTS ARE KEPT ON FILE AT THE NATIONAL OFFICE. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD OF DIRECTORS DETERMINES THE EXECUTIVE DIRECTOR'S COMPENSATION BASED ON THE CURRENT LOCAL JOB MARKET AND DOCUMENTS DECISIONS IN THE BOARD MINUTES. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION'S TAX RETURNS ARE AVAILABLE ON ITS WEBSITE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC ON ITS WEBSITE. FORM 990, PART VII, PAGE 7 BOARD MEMBERS MAY BE COMPENSATED FOR SERVICES PROVIDED TO THE ORGANIZATION SUCH AS REFEREE FEES, ATHLETE STIPENDS OR INSTRUCTOR FEES. THIS COMPENSATION IS DETERMINED BASED ON THE NORMAL PRACTICES OF THE ORGANIZATION. NO BOARD MEMBER IS COMPENSATED FOR THEIR SERVICE ON THE BOARD OF DIRECTORS. FORM 990, PART XII, LINE 2C THE PROCESS DID NOT CHANGE FROM THE PRIOR YEAR. UNITED STATES AMATEUR BOXING FOUNDATION 1 OLYMPIC PLAZA COLORADO SPRINGS CO 80909 840976800 INVESTMENT MANAGEMENT IN ORDER TO SUPPORT THE SPORT OF BOXING CO 501(C)(3) 509(A)(3) TYPE III 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 UNITED STATES AMATEUR BOXING FOUNDATION C 244769 CASH UNITED STATES AMATEUR BOXING FOUNDATION E 544991 FMV