Nonprofit · EIN 74-2327838
THE UNITED STATES OLYMPIC AND PARALYMPIC ENDOWMENT
Tax-exempt · COLORADO SPGS, CO 80906
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $10,872,344 | $13,316,485 | -$2,444,141 | $702,367,979 | $459,005,848 | $243,362,131 |
| December 31, 2023 | 990 | $5,780,622 | $13,362,326 | -$7,581,704 | $678,220,757 | $448,995,622 | $229,225,135 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $4,843
- Program service revenue
- $0
- Investment income
- $10,867,501
- Net gain from sales of assets
- $7,564,831
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $11,847,204
- Compensation of officers, directors and key employees
- $246,578
- Salaries, compensation and benefits (total)
- $279,206
- Professional fundraising fees
- $0
- Legal fees
- $21,493
- Accounting fees
- $62,375
- Travel
- $30,423
- Depreciation
- $5,190
- Program services (functional)
- $11,847,204
- Management and general (functional)
- $1,469,281
Balance sheet and other
- Total assets, start of year
- $678,220,757
- Total assets, end of year
- $702,367,979
- Total liabilities, end of year
- $459,005,848
- Net assets, end of year
- $243,362,131
- Land, buildings and equipment
- $9,034
- Publicly traded securities
- $325,473,815
- Net assets without donor restrictions
- $243,362,131
- Gross unrelated business income
- -$336,945
- Gross receipts
- $16,877,208
- Employees
- 3
- Volunteers
- 14
- Year formed
- 1984
- State of legal domicile
- CO
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| SARAH HIRSHLAND | USOPC CEO Trustee or director | 1 | $0 | $1,252,480 | $39,118 |
| ALEJANDRO LUGO | EVP/COO Officer | 32 | $136,555 | $0 | $13,656 |
| DANA KUHLMAN | EXEC. ADMIN./ASST. SECRETARY Officer | 40 | $66,767 | $0 | $6,666 |
| KAREN KNAPP | EXEC. ADMIN./ASST. SECRETARY Officer | 40 | $18,700 | $0 | $1,870 |
| WILLIAM J HYBL | CHAIR Trustee or director, Officer | 2 | $0 | $0 | $0 |
| RICH BENDER | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| RICHARD SCHLOSBERG | TREASURER (PART YEAR) Trustee or director, Officer | 1 | $0 | $0 | $0 |
| SUSANNE LYONS | TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
| AMANDA BANTA | SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
| GENE T SYKES | USOPC BOARD CHAIR Trustee or director | 1 | $0 | $0 | $0 |
| CARISSA GORDON-GUMP | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| GABRIEL GARDNER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| JEFF BUTLER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| PATRICK KELLEHER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| R THAYER TUTT | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
1 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOHN A MACCOLL | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 15 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| SARAH HIRSHLAND | USOPC CEO Trustee or director | 1 | $0 | $1,265,593 | $36,991 |
| ALEJANDRO LUGO | EVP/COO Officer | 30 | $115,000 | $0 | $10,542 |
| DANA KUHLMAN | ASST. SECRETARY Officer | 40 | $90,483 | $0 | $7,660 |
| WALTER GLOVER | EXECUTIVE VP/COO (THROUGH 3/31/23) Officer | 24 | $39,589 | $0 | $955 |
| AMANDA BANTA | SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
| RICH BENDER | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| Richard T Schlosberg | Treasurer Trustee or director, Officer | 1 | $0 | $0 | $0 |
| WILLIAM J HYBL | Chair Trustee or director, Officer | 2 | $0 | $0 | $0 |
| Carissa Gump | Director Trustee or director | 1 | $0 | $0 | $0 |
| GABE GARDNER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| Gene T Sykes | USOPC - BOARD CHAIR Trustee or director | 1 | $0 | $0 | $0 |
| Jeff Butler | Director Trustee or director | 1 | $0 | $0 | $0 |
| Patrick Kelleher | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| R THAYER TUTT | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| Susanne Lyons | Director Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1631 MESA AVE STE A, COLORADO SPGS, CO 80906-2956
- In care of
- % ALEJANDRO LUGO
- Principal officer (990 for 2024)
- ALEJANDRO LUGO, 1631 MESA AVENUE SUITE A, COLORADO SPRINGS, CO 80906
- Signed the 990
- ALEJANDRO LUGO, EXECUTIVE VP/COO
- Phone
- (719) 633-3234
- Website
- WWW.USOPE84.ORG
- Return prepared by
- CRI CAPIN CROUSE ADVISORS LLC
Mission
THE ENDOWMENT PROVIDES A PERMANENT ENDOWMENT TO FOSTER THE UNITED STATES OF AMERICA'S PARTICIPATION IN NATIONAL AND INTERNATIONAL AMATEUR SPORTS COMPETITION. THIS IS DONE THROUGH DIRECT SUPPORT OF THE UNITED STATES OLYMPIC AND PARALYMPIC COMMITTEE THAT, IN TURN, REGULATES AND SUPPORTS MEMBER SPORTS ORGANIZATIONS THAT DEVELOP AMATEUR ATHLETES FOR NATIONAL AND INTERNATIONAL COMPETITION.
Program accomplishments
- THE ENDOWMENT BOARD OF DIRECTORS AUTHORIZED A GRANT TO THE UNITED STATES OLYMPIC AND PARALYMPIC COMMITTEE IN DECEMBER 2024 IN THE AMOUNT OF $11,847,204. IN ADDITION TO SUPPORTING THE UNITED STATES OLYMPIC AND PARALYMPIC COMMITTEE (COMMITTEE), THE ENDOWMENT PROVIDES SUPPORT TO SECTION 501(C)(3) PUBLIC CHARITY SPORTS ORGANIZATIONS THAT ARE MEMBERS OF THE UNITED STATES OLYMPIC AND PARALYMPIC COMMITTEE AND HOLDS AND INVESTS THEIR FUNDS SOLELY AS AGENT IN FURTHERANCE OF THE ENDOWMENT'S SUPPORT TO THE COMMITTEE.Expenses $11,847,204 · grants $11,847,204
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 74-2327838
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1984
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Recreation and sports (N120)
- Assets (IRS master file)
- $702,367,979
- Income (IRS master file)
- $16,877,208
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $10,872,344 | $13,316,485 | $702,367,979 | IRS |
| 990-T | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $5,780,622 | $13,362,326 | $678,220,757 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990 | December 2022 | $6,830,910 | $12,881,068 | $438,461,539 | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 74-2327838).
Questions about THE UNITED STATES OLYMPIC AND PARALYMPIC ENDOWMENT
- What is the EIN of THE UNITED STATES OLYMPIC AND PARALYMPIC ENDOWMENT?
- The employer identification number (EIN) of THE UNITED STATES OLYMPIC AND PARALYMPIC ENDOWMENT is 74-2327838.
- Is THE UNITED STATES OLYMPIC AND PARALYMPIC ENDOWMENT tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1984.
- Are donations to THE UNITED STATES OLYMPIC AND PARALYMPIC ENDOWMENT tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does THE UNITED STATES OLYMPIC AND PARALYMPIC ENDOWMENT file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of THE UNITED STATES OLYMPIC AND PARALYMPIC ENDOWMENT due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did THE UNITED STATES OLYMPIC AND PARALYMPIC ENDOWMENT last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of THE UNITED STATES OLYMPIC AND PARALYMPIC ENDOWMENT?
- The 990 for the year ended December 31, 2024 names ALEJANDRO LUGO.
- Who are the officers and directors of THE UNITED STATES OLYMPIC AND PARALYMPIC ENDOWMENT?
- The 990 for the year ended December 31, 2024 lists 16 people; 3 received compensation from the organization.
- How much revenue does THE UNITED STATES OLYMPIC AND PARALYMPIC ENDOWMENT have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $10,872,344, expenses of $13,316,485 and total assets of $702,367,979 at year end.
Other nonprofits in COLORADO SPGS
- MOUNTAIN WEST CONFERENCE EIN 84-1472434 · last filed 990 for 2025
- T20 WORLD CUP USA INC EIN 93-2723688 · last filed 990 for 2024
- USA HOCKEY INC EIN 51-0204742 · last filed 990 for 2025
- USA VOLLEYBALL EIN 80-0551967 · last filed 990 for 2024
- UNITED STATES ANTI-DOPING AGENCY EIN 84-1541903 · last filed 990 for 2024
- USA CYCLING INC EIN 84-1284437 · last filed 990 for 2025
- USA BASKETBALL EIN 37-0996441 · last filed 990 for 2025
- USA TRIATHLON OF COLORADO EIN 46-1178146 · last filed 990 for 2025
All nonprofits in COLORADO SPGS · Colorado · Recreation and sports