2024-11-15T13:09:46-06:00 2023-12-31 201766527 WAUGH & GOODWIN LLP 2925 PROFESSIONAL PLACE STE 201 COLORADO SPRINGS CO 80904 990 2023-01-01 841284437 USA CYCLING INC USAC 7194344200 210 USA CYCLING POINT SUITE 100 COLORADO SPRINGS CO 80919 CARA MILLER CFO 7194344200 2024-11-15 1 1 RITA F CHRISTENSEN P00290681 7195909777 2024-11-15 2023 2024-10-15 13:58:12Z BRENDAN QUIRK 210 USA CYCLING POINT SUITE 100 COLORADO SPRINGS CO 80919 16509590 0 X WWW.USACYCLING.ORG X 1994 CO USA CYCLING IS THE NATIONAL GOVERNING BODY FOR CYCLING, MAKING IT RESPONSIBLE FOR THE CONDUCT AND ADMINISTRATION OF CYCLING IN THE USA. THE MISSION OF USA CYCLING IS TO DEVELOP THE SPORT OF CYCLING IN THE UNITED STATES AT ALL LEVELS AND TO ACHIEVE SUSTAINED INTERNATIONAL RACING SUCCESS WHILE FOSTERING A SHARED COMMITMENT TO SAFETY, INTEGRITY, AND THE JOY OF CYCLING. 11 11 81 50 0 0 6696891 5840985 9332356 9964432 323085 282439 15981 -59010 16368313 16028846 0 153252 0 0 5632719 6000742 0 0 394575 9302008 11359461 14934727 17513455 1433586 -1484609 20303511 18576103 7837779 8068989 12465732 10507114 X USA CYCLING IS THE NATIONAL GOVERNING BODY FOR CYCLING, MAKING IT RESPONSIBLE FOR THE CONDUCT AND ADMINISTRATION OF CYCLING IN THE USA. THE MISSION OF USA CYCLING IS TO DEVELOP THE SPORT OF CYCLING IN THE UNITED STATES AT ALL LEVELS AND TO ACHIEVE SUSTAINED INTERNATIONAL RACING SUCCESS WHILE FOSTERING A SHARED COMMITMENT TO SAFETY, INTEGRITY, AND THE JOY OF CYCLING. 0 0 8072214 37000 1531085 COACHES, MECHANICS, TRAINING CENTER & ATHLETE DEVELOPMENT: NATIONAL ATHLETE DEVELOPMENT PROGRAMS SUPPORTED APPROXIMATELY 4,500 ATHLETE PARTICIPANT DAYS. APPROXIMATELY 1,000 TRAINED AND CERTIFIED COACHES AND RACE MECHANICS. 4800188 80999 7969730 MEMBERSHIP AND EVENT SANCTIONING - APPROXIMATELY 82,000 MEMBERS ARE PROVIDED INSURANCE, RESULTS AND RANKINGS, AND RACING OPPORTUNITIES WHILE PARTICIPATING IN APPROXIMATELY 1,450 EVENTS. MEMBERS ARE ALSO PROVIDED WITH INFORMATION ABOUT CYCLING. 2488305 35253 483090 NATIONAL AND INTERNATIONAL EVENTS - APPROXIMATELY 1,447 ATHLETES PARTICIPATED IN 17 NATIONAL CHAMPIONSHIPS AND APPROXIMATELY 2,500 ATHLETES PARTICIPATED IN INTERNATIONAL EVENTS. 15360707 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 1 0 1 1 0 0 0 0 0 0 1 1 1 0 0 0 0 0 1 0 0 1 0 0 0 0 1 1 0 0 0 1 251 0 1 81 1 0 1 NL 0 0 0 0 0 0 0 0 0 0 X 11 11 0 0 0 0 1 1 0 1 0 0 0 1 1 1 1 1 1 1 1 0 X X X THE CORPORATION 7194344200 210 USA CYCLING POINT SUITE 100 COLORADO SPRINGS CO 80919 X GREG ALLEN DIRECTOR - VICE CHAIRMAN 10.00 X 0 0 0 CHAD BLANKENSHIP DIRETOR 2.00 X 0 0 0 MIKE COLE DIRECTOR 2.00 X 0 0 0 LUCIA DENG DIRECTOR 2.00 X 0 0 0 MADDIE GODBY DIRECTOR 2.00 X 0 0 0 DEREKA HENDON DIRECTOR 2.00 X 0 0 0 CARI HIGGINS DIRECTOR - CHAIRWOMAN 15.00 X 0 0 0 MEREDITH MILLER DIRECTOR 2.00 X 0 0 0 MELANIE STRONG DIRECTOR 2.00 X 0 0 0 ALISON TETRICK DIRECTOR 2.00 X 0 0 0 SPENCER GUINN DIRECTOR 2.00 X 0 0 0 BRENDAN QUIRK PRESIDENT & CEO 60.00 X 445763 0 63961 CARA MILLER CFO 30.00 X 0 0 0 NANCY COWAN EXECUTIVE ASSISTANT AND SE 50.00 X 97337 0 16602 ERIKA LEHMAN CHIEF MARKETING OFFICER 50.00 X 253834 0 20850 SHANE GARMAN CHIEF ADMINISTRATIVE OFFIC 50.00 X 219260 0 39722 JIM MILLER CHIEF OF SPORTS PERFORMANC 50.00 X 313490 0 54344 SCOTT USHER CHIEF OF CORPORATE DEVELOP 50.00 X 223666 0 43434 ERIN HARWELL DIRECTOR OF SPRINT TRACK 50.00 X 149106 0 21304 ASHLEE DAILEY CONTROLLER 50.00 X 140259 0 20797 STEVE MCCAULEY DIRECTOR OF PROGRAM AND DONOR SERVICES 50.00 X 132589 0 18657 KELSEY ERICKSON EXEC DIRECTOR OF ATHLETE H 50.00 X 137949 0 20296 JAMIE STAFF BMX & SPRINT TRACT PERFORM 50.00 X 152465 0 11616 2265718 0 331583 10 0 1 0 FAIRLY GROUP PO BOX 1302 AMARILLO TX 79105 BUSINESS INSURANCE 1063124 MEDALIST SPORTS PO BOX 415 TYRONE GA 30290 NATIONAL EVENT SERVICES 333629 BOWTIE 6123 ELDORA STREET GOLDEN CO 80403 INSURANCE TO MEMBERS 176971 LIFE BY SPOT INC 500 W 2ND ST 1900 AUSTIN TX 79414 IT CONSULTING 176409 LOOSELY COUPLED LLC 4108 S OWASSO AVENUE TULSA OK 80521 NATIONAL EVENT SERVICES 144401 8 5840985 166854 5840985 MEMBERSHIP DUES 713990 5377369 5377369 SANCTIONING & ENTRY FEES 711210 2572888 2572888 CAMPS, CLINICS & OTHER 711300 1531085 1531085 SPONSORSHIP & LICENSING 713990 483090 483090 9964432 280307 280307 172425 249008 -76583 -76583 -76583 183320 1900 183088 0 232 1900 2132 1900 232 66221 48648 17573 17573 16028846 9983905 0 203956 X 116252 116252 37000 37000 1792264 1168962 402786 220516 3225165 2890976 282847 51342 140759 125913 12394 2452 492892 453804 34893 4195 349662 285918 45565 18179 118995 7915 111080 18166 18166 27312 27312 3388707 3183245 174571 30891 206421 205778 643 222935 196924 17286 8725 323580 255656 52924 15000 336422 324257 9665 2500 3562726 3413411 120431 28884 123173 107908 15218 47 267606 222257 36818 8531 1017044 683864 333180 GEAR, EQUIPMENT, & SUPP 634639 630771 999 2869 FULFILLMENT COSTS 453770 453770 AUTO EXPENSE 197689 174846 22843 BANK & CREDIT CARD PROC 149637 12032 137605 310639 409248 -99053 444 17513455 15360707 1758173 394575 376409 171511 2753195 2219875 2066799 1371080 146109 392082 223093 614719 10379943 5563851 5136635 4816092 7041074 8046239 1 1 2560196 944504 20303511 18576103 2309420 2231734 2440856 2625561 3087503 3211694 7837779 8068989 X 10355909 9423094 2109823 1084020 12465732 10507114 20303511 18576103 X -1484609 764531 -1238540 X X 0 1 X 0 0 X 4741117 5003768 5511795 6696891 5840985 27794556 10603385 5489800 8410442 9392072 10032553 43928252 93460 50186 143646 15344502 10587028 13972423 16088963 15873538 71866454 0 0 0 71866454 383568 225670 352079 428907 452732 1842956 383568 225670 352079 428907 452732 1842956 15728070 10812698 14324502 16517870 16326270 73709410 0.97500 0.97550 0.02500 0.02450 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 16980 42 42 16980 16980 42 42 16980 16980 42 42 16980 16980 42 42 16980 16980 42 42 16980 1.00000 0 0 649145 649145 7027205 3002035 4025170 220373 220373 0 2187006 2145457 41549 296214 195986 100228 4816092 DUE FROM USA CYCLING DEVELOPMENT FOUNDATION 368076 DUE FROM USOPC 5569 DUE FROM USA CYCLING BV 225713 SECURITY DEPOSIT 10000 RIGHT OF USE ASSET 335146 944504 INSURANCE LITIGATION RESERVES 2876548 LEASE LIABILITY 335146 3211694 X 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 FILED. MANAGEMENT OF THE CORPORATION BELIEVES THAT IT DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. EUROPE 1 2 PROGRAM SERVICES PROVIDING SUPPORT FOR ATHLETES TO RACE AND TRAIN IN THE REGION. 3530336 SOUTH AMERICA 0 0 PROGRAM SERVICES PROVIDING SUPPORT FOR ATHLETES TO RACE AND TRAIN IN THE REGION. 256057 MIDDLE EAST AND NORTH AFRICA 0 0 PROGRAM SERVICES PROVIDING SUPPORT FOR ATHLETES TO RACE AND TRAIN IN THE REGION. 328681 SOUTH ASIA 0 0 PROGAM SERVICES PROVIDING SUPPORT FOR ATHLETES TO RACE AND TRAIN IN THE REGION. 307523 1 2 0 0 1 2 4422597 0 4422597 0 0 1 0 0 0 1 NAVAJO TECHNICAL UNIVERSITY PO BOX 849 CROWNPOINT NM 87313 850303705 501(C)(3) 7331 0 SCHOLARSHIP FOR ATHLETES NEXT LEVEL PERFORMANCR COACHING 2356 IROQUOIS AVE PLACENTIA CA 92870 463385551 6280 0 PRO XCT 2023 SEASON EQUITY DESIGN 317 WEST 98TH ST 6D NEW YORK NY 10025 872721571 6500 0 TRAINING NATIONAL INTERSCHOLASTIC CYCLING ASSOCIATION 2414 6TH STREET BERKELEY CA 68103 134234305 501(C)(3) 22250 0 COLLEGIATE AND YOUTH 2 2 SPORTS PERFORMANCE GRANTS 30 37000 PART I, LINE 2: GRANTS ARE PROVIDED TO ORGANIZATIONS THAT HAVE A RELATIONSHIP WITH USA CYCLING. FOR SCHOOLS AND UNIVERSITIES THE AMOUNTS ARE FOR ATHLETES WHO ARE INVOLVED WITH USA CYCLING. 1 X X X X X 0 0 0 0 0 0 0 1 1 0 BRENDAN QUIRK PRESIDENT & CEO 357518 0 87500 0 745 0 31809 0 32152 0 509724 0 0 0 JIM MILLER CHIEF OF SPORTS PERFORMANC 255144 0 57706 0 640 0 22525 0 31819 0 367834 0 0 0 ERIKA LEHMAN CHIEF MARKETING OFFICER 221227 0 32400 0 207 0 7714 0 13136 0 274684 0 0 0 SCOTT USHER CHIEF OF CORPORATE DEVELOP 200952 0 22500 0 214 0 11107 0 32327 0 267100 0 0 0 SHANE GARMAN CHIEF ADMINISTRATIVE OFFIC 194031 0 24922 0 307 0 15841 0 23881 0 258982 0 0 0 ERIN HARWELL DIRECTOR OF SPRINT TRACK 139247 0 9548 0 311 0 4586 0 16718 0 170410 0 0 0 JAMIE STAFF BMX & SPRINT TRACT PERFORM 139477 0 12686 0 302 0 10673 0 943 0 164081 0 0 0 ASHLEE DAILEY CONTROLLER 129458 0 10522 0 279 0 9949 0 10848 0 161056 0 0 0 KELSEY ERICKSON EXEC DIRECTOR OF ATHLETE H 129441 0 8400 0 108 0 9754 0 10542 0 158245 0 0 0 STEVE MCCAULEY DIRECTOR OF PROGRAM AND DONOR SERVIC 120214 0 11646 0 729 0 9413 0 9244 0 151246 0 0 0 PART I, LINE 7 EMPLOYEES ARE ELIGIBLE FOR DISCRETIONARY, PERFORMANCE BASED BONUSES EACH YEAR. CGM FINANCIAL CONSULTING ENTITY OWNED BY OFFICER, CARA MILLER 112127 PROVIDES CONSULTING CFO SERVICES TO ORGANIZATION 0 X CLOTHING AND OTHER 1 126854 FMV X TIRES 1 40000 FMV 0 1 0 FORM 990, PART VI, SECTION A, LINE 6 THE CORPORATION IS A MEMBERSHIP ORGANIZATION. MEMBERS HAVE VOTING RIGHTS FOR PURPOSES OF ELECTING MEMBERS OF DIFFERENT SPORT COMMITTEES. FORM 990, PART VI, SECTION A, LINE 7A ELIGIBLE ATHLETES DIRECTLY ELECT FOUR ATHLETE POSITIONS ON THE BOARD OF DIRECTORS. THE USA CYCLING DEVELOPMENT FOUNDATION APPOINTS THREE DIRECTORS TO THE USA CYCLING BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7A ELIGIBLE ATHLETES DIRECTLY ELECT THE ELIGIBLE ATHLETES ON OUR BOD. FORM 990, PART VI, SECTION A, LINE 8B CONTEMPORANEOUS MINUTES ARE DOCUMENTED FOR SOME, BUT NOT ALL COMMITTEE MEETINGS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WILL BE REVIEWED BY THE CFO AND THEN IT WILL BE SENT TO THE CEO AND BOARD OF DIRECTORS FOR REVIEW AND GIVEN A DATE TO GIVE COMMENTS BY. ANY MODIFICATIONS WILL BE MADE AND THEN THE 990 IS SIGNED AND FILED. FORM 990, PART VI, SECTION B, LINE 12C ALL DIRECTORS, COMMITTEE MEMBERS, EMPLOYEES, AND OTHER AGENTS OF USA CYCLING ARE REQUIRED TO COMPLETE AND SIGN A CONFLICT OF INTEREST DISCLOSURE STATEMENT. ANNUALLY, EACH DIRECTOR, COMMITTEE MEMBERS, EMPLOYEE, AND OTHER AGENTS OF USA CYCLING WILL BE PROVIDED A DISCLOSURE STATEMENT FORM CONCERNING THE CONFLICT OF INTEREST POLICY. THESE FORMS ARE TO BE COMPLETED AND RETURNED TO THE GENERAL COUNSEL OF USA CYCLING OR HIS OR HER DESIGNEE, EVEN IF THERE ARE NO CONFLICTS OF INTEREST. ANNUALLY, AND BEFORE THE FIRST ANNUAL BOARD MEETING, EACH INDIVIDUAL SHOULD OPENLY AND FORTHRIGHTLY IDENTIFY ANY AREAS THAT REPRESENT A CONFLICT OF INTEREST, APPEARANCE OF A CONFLICT, APPEARANCE OF IMPROPRIETY, OR A POTENTIAL CONFLICT OF INTEREST. IF THERE IS ANY UNCERTAINTY AS TO WHETHER A MATTER IS REQUIRED TO BE DISCLOSED, THE MATTER SHOULD BE DISCLOSED. EACH INDIVIDUAL WILL DISCLOSE ALL OF THE DIRECTORSHIPS AND OFFICER POSITIONS HELD IN FOR- PROFIT OR NOT-FOR PROFIT ORGANIZATIONS, AS WELL AS ANY CONSULTING AND EMPLOYMENT RELATIONSHIPS IN ANY CONCERN WITH WHICH HE HAS REASON TO BELIEVE USA CYCLING DOES BUSINESS WITH OR FROM WHICH USA CYCLING WILL SECURE GOODS OR SERVICES, AND WHICH HE HAS REASON TO BELIEVE MAY BE AFFECTED BY HIS ACTIONS ON BEHALF OF USA CYCLING OR ACTIONS OF USA CYCLING. INDIVIDUAL OR FAMILY OWNERSHIP IN BUSINESS VENTURES WHERE MORE THAN FIVE PERCENT OF THE TOTAL VALUE OF THE COMPANY IS OWNED OR WHERE MORE THAN TEN PERCENT OF THE OUTSTANDING SHARES ARE OWNED, REQUIRES DISCLOSURE. EACH INDIVIDUAL WILL ALSO DISCLOSE FAMILY RELATIONSHIPS IN WHICH HIS OR HER OR THEIR IMMEDIATE FAMILY ARE EMPLOYED BY OR RENDER SERVICES TO ANY OUTSIDE CONCERN THAT DOES BUSINESS WITH USA CYCLING. EACH INDIVIDUAL WILL ALSO DISCLOSE ANY CONFIDENTIAL INFORMATION OF USA CYCLING THAT HAS BEEN USED OR DISCLOSED FOR ANY PURPOSE OTHER THAN TO CARRY OUT THAT PERSON'S DUTIES. AS CONFLICTS OF INTEREST ARISE THROUGHOUT THE YEAR, EACH INDIVIDUAL MUST SUBMIT AN UPDATED DISCLOSURE FORM WITHIN 30 DAYS OF THE CONFLICT OF INTEREST ARISING. AT LEAST ONCE PER YEAR, THE BOARD OF DIRECTORS OF USA CYCLING WILL REVIEW THE CONFLICT OF INTEREST DISCLOSURES AT A MEETING OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION COMMITTEE REVIEWS THE PERFORMANCE OF THE CEO, AND WITH COMPARABLE DATA, RECOMMENDS COMPENSATION TO THE FULL BOARD OF DIRECTORS. THE FULL BOARD REVIEWS AND APPROVES THE COMPENSATION. THE CEO DETERMINES THE COMPENSATION OF OTHER OFFICERS AND KEY EMPLOYEES BASED ON PERFORMANCE AND MARKET CONDITIONS INCLUDING LOOKING AT OTHER 990S AND COMPENSATION SURVEYS. COMPENSATION OF OFFICERS AND KEY EMPLOYEES ALSO REVIEWED BY THE CHAIRMAN OF THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 FORM 1023 IS AVAILABLE UPON REQUEST AT THE ORGANIZATION'S OFFICE. GOVERNING DOCUMENTS, TAX RETURNS, FINANCIAL STATEMENTS AND THE CONFLICT OF INTEREST POLICY ARE MADE AVAILABLE VIA THE ORGANIZATION'S WEBSITE. FORM 990, PAGE 7, PART VII, SECTION A: NO BOARD MEMBER IS COMPENSATED FOR THEIR SERVICE ON THE BOARD, EXCEPT THE CEO, WHO IS AN EMPLOYEE OF THE ORGANIZATION. SOME BOARD MEMBERS RECEIVE PAYMENTS FOR CONTRACT COACHING AND PROGRAM CONSULTING SERVICES. THERE ARE ADDITIONAL MEMBERS LISTED ON THE SCHEDULE OF COMPENSATION OF OFFICERS, DIRECTORS, TRUSTEES, KEY EMPLOYEES, HIGHEST COMPENSATED EMPLOYEES, AND INDEPENDENT CONTRACTORS DUE TO TURNOVER IN POSITIONS ON THE BOARD DURING THE YEAR. FORM 990, PART IX, LINE 11G CONTRACT LABOR & FEES: PROGRAM SERVICE EXPENSES 3,183,245. MANAGEMENT AND GENERAL EXPENSES 174,571. FUNDRAISING EXPENSES 30,891. TOTAL EXPENSES 3,388,707. FORM 990, PART XI, LINE 9: FORGIVENESS OF PLEDGE COMMITMENT FROM USA CYCLING DEVELOPMENT FOUNDATION -1,238,540. FORM 990, PAGE 12, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. USA CYCLING BV MULTALTULILAAN 6 ROOSENDAAL NL 4707LZ SUPPORT FOR CYCLING ATHLETE PROGRAMS NL USA CYCLING INC C 502143 275511 1.00000 1 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 USA CYCLING BV A 6554 CASH USA CYCLING BV D 225713