2025-08-14T13:05:23-05:00 2024-12-31 Sorren Inc 102 N CASCADE AVENUE SUITE 400 COLORADO SPRINGS CO 80903 990 2024-01-01 465062719 USA Triathlon Foundation % THE ORGANIZATION USAT 7198845604 5825 Delmonico Drive Suite 200 Colorado Springs CO 80919 BRENDA SMITH Chair 7198845604 2025-11-15 true true DOREEN B MERZ P00841439 7196301186 2025-11-15 2024 2025-03-06 01:10:19Z BRENDA SMITH 5825 Delmonico Drive200 Colorado Springs CO 80919 4514064 false X https://www.usatriathlon.org/foundation X 2014 CO The mission of the USA Triathlon Foundation is to support and promote triathlon, and open pathways Continued in Schedule O 16 16 0 0 0 3325743 3086068 0 0 17223 82914 0 -65599 3342966 3103383 1104174 1317410 0 0 0 0 0 0 432160 683362 793429 1787536 2110839 1555430 992544 3146764 4397227 293874 544456 2852890 3852771 X THE MISSION OF THE USA TRIATHLON FOUNDATION IS TO SUPPORT AND PROMOTE TRIATHLON, AND OPEN PATHWAYS TO TRIATHLON TO THOSE WHOM IT MIGHT NOT OTHERWISE BE POSSIBLE. (CONTINUED ON SCH O) false false 756566 725859 USA Triathlon Foundation believes every aspiring elite athlete should get their shot at racing on the world stage and feeling the weights of an Olympic or Paralympic medal around their neck. Unlike most of our competing nations, U.S. Olympic sport organizations and their athletes do not receive any government funding. Support is more important than ever as governments around the world are increasing their financial commitment for our top competitors. Ignite Olympic and Paralympic Dreams program provides elite athletes and paratriathletes with support and opportunity to realize their potential and represent the United States on the world stage. These grants enable the United States to achieve unprecedented global triumphs by building sustained success at the sport's highest level and helping athletes reach their performance goals. 123532 122100 USA Triathlon Foundation believes every child should have the opportunity to be active and experience the joys of swim-bike-run. Encourage Youth Participation program helps us build connections across the country between schools, clubs, coaches, and race directors to offer training opportunities, equipment and resources, and to create the next generation of multisport athletes and leaders. The Empower NCAA Women's Triathlon program provides the ability for young women to chase their athletic dreams while pursuing their academic and community passions is an unmatched opportunity. Support for both grants for universities and colleges to start and maintain NCAA women's triathlon programs, and for individual student-athletes 81693 32750 USA Triathlon Foundation believes everyone should have the support and access to participate, grow and excel in triathlon/multisport. The Inspire Pathways to Access and Inclusion program is committed to giving those who don't have opportunities to compete the chance to realize their athletic dreams and progress through leadership pathways in the sport. line 4d, program service ------------------------ Other USA Triathlon Foundation programs include the CEO Excellence Fund and Events program. The CEO Excellence Fund provides USA Triathlon's CEO Victoria Brumfield with the flexible financial resources necessary to maintain USA Triathlon's top priorities while responding to changing internal and external demands. Our Events program provides support for athlete training camps, athlete grants and stipends, the Hall of Fame Gala, and other events. 434582 434582 NCAA PROGRAM SERVICE 23447 2119 141 OTHER RESTRICTED PROGRAMS 458029 436701 141 1419820 true true false false false false false false true true true false false false true true false true false false true false false false true false false true true false false false false false false false false false true false false false false true false false false true 15 0 0 false false false false false true true false false false false false false X 16 16 false true false false true true true true true false false true true true true false true false false false CO X THE ORGANIZATION 7198845604 5825 DELMONICO DRIVE 200 COS CO 80919 ALEX EGAN CHAIR 5.0 0.0 X X 0 0 0 AUDRA MALLOW VICE CHAIR 5.0 0.0 X X 0 0 0 REGGIE WALLER SECRETARY 5.0 0.0 X X 0 0 0 WILLIAM BILL SHENKIN TREASURER 5.0 0.0 X X 0 0 0 STEPHEN BAN TRUSTEE 5.0 0.0 X 0 0 0 BRENDA SMITH TRUSTEE 5.0 0.0 X 0 0 0 PAUL GOMPERS TRUSTEE 5.0 0.0 X 0 0 0 Frantz Alphonse TRUSTEE 5.0 0.0 X 0 0 0 CAMERON HAMILTON TRUSTEE 5.0 0.0 X 0 0 0 RICK HRABCHAK TRUSTEE 5.0 0.0 X 0 0 0 MARCI JENKINS TRUSTEE 5.0 0.0 X 0 0 0 JUSTIN MODEL TRUSTEE 5.0 0.0 X 0 0 0 CHERYL PERRY TRUSTEE 5.0 0.0 X 0 0 0 ROSALIND JARRETT SEPULVEDA TRUSTEE 5.0 0.0 X 0 0 0 NATHAN STUHLMACHER TRUSTEE 5.0 0.0 X 0 0 0 MIKE WIEN TRUSTEE 5.0 0.0 X 0 0 0 0 0 0 0 false false false 0 223265 2862803 29200 3086068 0 56911 56911 0 0 0 0 0 903617 877614 26003 26003 26003 467327 223265 533067 -65740 -65740 0 0 0 141 0 141 141 0 3103383 141 17174 1269135 1269135 48275 48275 0 0 0 0 0 0 0 0 48764 48764 0 0 0 0 0 278958 139261 139697 33192 881 32311 66683 57268 9415 5041 5041 0 0 140380 1433 138947 0 0 0 0 75 75 4586 4391 195 FUNDED PROGRAMS 121283 70270 19865 31148 BAD DEBT EXPENSE 62041 30707 31334 RENTAL EQUIPMENT 31683 31683 ATHLETE AWARDS 743 743 2110839 1419820 258859 432160 1128156 430925 0 0 1363263 876225 0 537765 0 0 0 0 0 0 0 0 3251 0 11297 11297 75 0 652019 2552312 0 0 0 0 0 0 0 0 3146764 4397227 48221 74917 0 0 36392 17325 0 0 0 48808 0 0 0 0 156152 152710 53109 250696 293874 544456 X -15165 209646 2868055 3643125 2852890 3852771 3146764 4397227 992544 7337 X false true X true false X 628988 1294001 2181855 3325743 3086068 10516655 0 0 628988 1294001 2181855 3325743 3086068 10516655 3553257 6963398 5 7 5606 17223 56911 79752 0 0 10596407 47819 0.65715 0.77080 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false true X 1500000 44437 5830 1538607 0.97490 0.02510 false false 11297 11297 0 0 0 DUE TO USA TRIATHLON OF COLORA 250696 250696 X 3624709 7337 513989 521326 3103383 3103383 2624828 513989 513989 2110839 2110839 Schedule D, Part IV, line 2b the foundation held pass-through custodial funds for athletes that were received through the foundation's fundraising platform. the pass-through platform funds were clearly indicated as non-deductible to the donor and not a charitable contribution to the usa triathlon foundation. SCHEDULE D, PART V, line 4 The Organization's endowment funds are restricted for the purpose of heightening the profile and public recognition of women's triathlon as a sport, including achieving recognition by the NCAA as a sanctioned sport. Schedule D, Part X, Line 2 Triathlon and the Foundation qualify as tax-exempt organizations under the provisions of Section 501(c)(3) of the Internal Revenue Code. Income from activities not directly related to Triathlon's and the Foundation's tax-exempt purpose is subject to taxation as unrelated business income. Triathlon and the Foundation are subject to examination by various taxing authorities generally for three to five years after the filing of their Return of Organization Exempt from Income Tax (Form 990). Triathlon and the Foundation do not believe that they have any uncertain tax positions that are material to the consolidated financial statements. true Europe (Including Iceland and Greenland) 0 0 Program Services EVENT EXPENSE 232575 0 0 0 0 232575 232575 false false false false false false SCHEDULE F, PART I USA TRIATHLON FOUNDATION REPORTS ALL EXPENDITURES BASED ON THE ACCRUAL METHOD OF ACCOUNTING. Paris Concierge 438617 138960 299657 124864 184618 19564 36351 HOF Gala 175772 47909 127863 18000 38098 71765 1 76203 36396 39807 20000 15057 4750 690592 223265 467327 18000 144864 237773 19564 112866 533067 -65740 true USA TRIATHLON OF COLORADO 5825 DELMONICO DRSTE200 COLORADO SPRINGS CO 80919 461178146 501(C)(3) 1182441 See Part IV I-Tri 15 Bryant St East Hampton NY 11937 900635108 501(C)(3) 10000 See Part IV ATHLETE TUITION/UNIFORMS/SUPPLIES/STIPEND 11 48275 Sch I Part 1 line 2 PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS: USATF TRANSFERS RESTRICTED GRANTS UPON CASH RECEIPT OF A RESTRICTED GIFT. THE USATF RELEASES FUNDS WHEN IT HAS SUBSTANTIATED IT HAS SATISFIED ANY DONOR IMPOSED RESTRICTIONS ON THE CONTRIBUTIONS. SCH I, Part II, Column H, Line 1 - 8 purpose: to provide operational support for Triathlon clubs and athletic programs. Schedule I, Part III, Column B, line 1 The number of individuals reported is based on the number of applications fulfilled. X Varlo Backpacks 1 29200 FMV 0 false true false Schedule M, Part I, Column B COLUMN (B) FOR line 25 REPORT THE NUMBER OF CONTRIBUTIONS RECEIVED. Form 990, Part I, Line 1 USA Triathlon Mission (continued): The foundation focuses on three key areas (Encourage youth participation, Inspire pathways to access and inclusion, Ignite Olympic and Paralympic dreams). Form 990, Part III, Line 1 The foundation focuses on three key areas (Encourage youth participation, Inspire pathways to access and inclusion, Ignite Olympic and Paralympic dreams). Form 990, Part VI, Section A, Line 3 Continuing in 2024, USA Triathlon Foundation (FDN), contracted with the related organization USA Triathlon (USAT), for the use of facilities, programmatic services, and management/ administrative services including IT support services. Since USAT and FDN are related organizations, all the compensation paid during the 2024 calendar year to individuals serving AS OFFICERS OF THE FDN, who were employed by USAT, HAVE been detailed out on Form 990, Part VII, Section A. Form 990, Part VI, Section A, Line 6 The organization has one voting member, USA Triathlon. Form 990, Part VI, Section A, Line 7A The sole voting member, USA Triathlon, appoints all members of the board of Trustees. Form 990, Part VI, Section A, Line 7B All Amendments to governing documents, including the articles of incorporation and bylaws, must be approved by the sole voting member, USA Triathlon. Form 990, Part VI, Section B, Line 11B The Form 990 will be reviewed by the Treasurer of the Trustees, and the related organization's Senior Director of Finance (USA Triathlon). After this preliminary review, the form 990 is submitted to USA Triathlon's Finance Committee for review, which then sends it to the full Board of directors of USAT and recommends their review and approval. Form 990, Part VI, Section B, Line 15 A B The Organization did not have any employees or paid officers during the 2024 calendar year. However, a compensation policy is in place that would require the Board of Trustees as a whole, as the Executive Committee, to review the compensation of all officers by comparing their compensation to compensation of individuals in like positions, in like organizations using Form 990, compensation studies, and other available data. The Board or Committee would then approve any changes in compensation based on this information. Form 990, Part VI, Section C, Line 19 THE ORGANIZATION WILL PROVIDE IN A TIMELY MANNER, COPIES OF ALL GOVERNING DOCUMENTS INCLUDING ITS CONFLICT OF INTEREST POLICIES AND FINANCIAL STATEMENTS WHEN REQUESTED IN WRITING OR IN PERSON. Form 990 Part VIII, Line 1g Form 990, Part IX, Lines 11 A USAT PROVIDED CONTRACTED SERVICES TO FDN DURING THE 2024 YEAR IN THE AMOUNT OF $562,755. THE FDN PAID USAT $48,765 FOR THESE CONTRACTED SERVICES. THE REMAINING BALANCE OF $513,990, DUE TO USAT, WAS FORGIVEN/ CONTRIBUTED BACK TO THE FDN BY USAT. FOLLOWING IRS REPORTING REQUIREMENT, THE INKIND SERVICE CONTRIBUTION OF $513,990 HAS BEEN EXCLUDED FROM THE FDN'S FORM 990 PART VIII STATEMENT OF REVENUE, AND FORM 990 PART IX FUNCTIONAL EXPENSE. THE CONTRIBUTED SERVICES ARE ALSO NOT INCLUDED ON SCHEDULE B, SCHEDULE OF CONTRIBUTORS. FORM 990 PART IX LINE 11G DESCRIPTION:OTHER PROFESSIONAL FEES TOTAL FEES:278958 USA Triathlon 5825 Delmonico Sr STE 200 Colorado Springs CO 80919 461178146 NGB of triath CO 501(c)(3) Line 10 NA false false true true true true false false false false false true false true true false true true true true