Civic Intelligence

USA Basketball

990 • Fiscal year 2017 • EIN 37-0996441

Oct 01, 2016 to Sep 30, 2017 • Filed on Feb 15, 2018

5465 Mark Dabling BoulevardColorado Springs, CO 80918-3842

(719) 590-4800

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

18th percentile

0.03x

Higher debt load relative to assets than 18% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2017

Liabilities / Revenue

19th percentile

0.08x

Higher debt load relative to revenue than 19% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2017

Net Margin

81st percentile

25%

Higher net margin than 81% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2017

Top Officer Pay

80th percentile

$439,624

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 4.0% of source-year revenue.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2017

Asset Growth

71st percentile

11%

Faster asset growth than 71% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2016 to 2017

Revenue Growth

3rd percentile

-52%

Faster revenue growth than 3% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2016 to 2017

Assets

Up

$30,395,848

Up $3,001,650 (+11%) from 2016

Net Assets

Up

$29,512,145

Up $4,703,386 (+19%) from 2016

Liabilities

Down

$883,703

Down $1,701,736 (-66%) from 2016

Revenue

Down

$10,923,502

Down $11,751,430 (-52%) from 2016

Expenses

Down

$8,233,078

Down $6,418,445 (-44%) from 2016

Net Income

Down

$2,690,424

Down $5,332,985 (-66%) from 2016

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$60M$40M$20M$0Assets 2013: $16,465,398Liabilities 2013: $302,248Net Assets 2013: $16,163,1502013Assets 2014: $18,699,107Liabilities 2014: $1,804,804Net Assets 2014: $16,894,3032014Assets 2015: $18,353,935Liabilities 2015: $2,500,345Net Assets 2015: $15,853,5902015Assets 2016: $27,394,198Liabilities 2016: $2,585,439Net Assets 2016: $24,808,7592016Assets 2017: $30,395,848Liabilities 2017: $883,703Net Assets 2017: $29,512,1452017Assets 2018: $38,785,483Liabilities 2018: $6,045,775Net Assets 2018: $32,739,7082018Assets 2019: $40,832,167Liabilities 2019: $9,045,222Net Assets 2019: $31,786,9452019Assets 2020: $44,178,385Liabilities 2020: $8,266,916Net Assets 2020: $35,911,4692020Assets 2021: $46,718,605Liabilities 2021: $3,359,002Net Assets 2021: $43,359,6032021Assets 2022: $41,446,109Liabilities 2022: $5,820,766Net Assets 2022: $35,625,3432022Assets 2023: $48,027,387Liabilities 2023: $10,072,352Net Assets 2023: $37,955,0352023Assets 2024: $59,201,355Liabilities 2024: $4,416,379Net Assets 2024: $54,784,9762024

Highlighted filing

2017

Assets$30,395,848
Liabilities$883,703
Net Assets$29,512,145

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$60M$40M$20M$0-$20MExpenses 2013: $4,550,7952013Revenue 2014: $9,568,637Expenses 2014: $9,454,860Net Income 2014: $113,7772014Revenue 2015: $6,780,740Expenses 2015: $6,792,377Net Income 2015: -$11,6372015Revenue 2016: $22,674,932Expenses 2016: $14,651,523Net Income 2016: $8,023,4092016Revenue 2017: $10,923,502Expenses 2017: $8,233,078Net Income 2017: $2,690,4242017Revenue 2018: $14,055,949Expenses 2018: $12,049,109Net Income 2018: $2,006,8402018Revenue 2019: $15,359,351Expenses 2019: $15,926,578Net Income 2019: -$567,2272019Revenue 2020: $12,446,344Expenses 2020: $9,192,028Net Income 2020: $3,254,3162020Revenue 2021: $26,707,052Expenses 2021: $22,784,250Net Income 2021: $3,922,8022021Revenue 2022: $17,621,095Expenses 2022: $17,125,677Net Income 2022: $495,4182022Revenue 2023: $18,916,002Expenses 2023: $19,267,005Net Income 2023: -$351,0032023Revenue 2024: $48,146,632Expenses 2024: $35,659,837Net Income 2024: $12,486,7952024

Highlighted filing

2017

Revenue$10,923,502
Expenses$8,233,078
Net Income$2,690,424
Jump To
Filing Snapshot
Filing Period
Oct 1, 2016 to Sep 30, 2017
Signed
Feb 15, 2018
Return Version
2016v3.1
Gross Receipts
$14,761,124
Mission and Program Overview

Mission

Develop and lead an inclusive basketball community of qualified, credible and dedicated coaches and administrators all working to...see schedule o for continuation

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$12,932,077$18,898,400▲ $5,966,323
Investments Other Securities$6,570,180$7,394,798▲ $824,618
Savings and Temporary Cash Investments$394,578$1,542,176▲ $1,147,598
Pledges and Grants Receivable$0$1,000,000▲ $1,000,000
Inventories for Sale or Use$645,768$665,972▲ $20,204
Land, Buildings, and Equipment, Net$541,095$504,027▼ $37,068
Intangible Assets$373,233$343,349▼ $29,884
Prepaid Expenses and Deferred Charges$96,607$41,048▼ $55,559
Accounts Receivable$5,840,419$5,778▼ $5,834,641
Cash and Non-Interest-Bearing Accounts$241$300▲ $59
Other Notes and Loans Receivable, Net$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Program Related$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$27,394,198$30,395,848▲ $3,001,650
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$2,286,800$658,703▼ $1,628,097
Deferred Revenue$298,639$225,000▼ $73,639
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$2,585,439$883,703▼ $1,701,736
Net Assets / Fund Balance
Unrestricted Net Assets$24,808,759$29,512,145▲ $4,703,386
Permanently Rstr Net Assets$0$0→ $0
Temporarily Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$24,808,759$29,512,145▲ $4,703,386
Total Liabilities and Net Assets / Fund Balance$27,394,198$30,395,848▲ $3,001,650

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$492,297$746,174$1,238,471
Other Land Buildings$11,730$186,456$198,186
Other Securities$7,394,798--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jim TooleyCEO/Executive DirectorFT$316,513$123,111$439,624
Sean FordNational Team Director-MenFT$212,897$90,589$303,486
Carol CallanNational Team Director-WomenFT$197,799$90,621$288,420
Brent BaumbergerChief Financial OfficerFT$197,707$88,635$286,342
Craig MillerChief Communications OfficerFT$190,001$82,127$272,128
Jay DemingsYouth Development DirectorFT$133,072$43,219$176,291

Board Members and Trustees

NameTitle
Jerry ColangeloChairman
Jim CarrPresident and Chief Executive
Kim BohunySenior Vice President, Basketb
Dan GavittVice President of Men's Basket
Bernard MuirDirector of Athletics, Stanfor
Chris PlonskyDirector Women's Athletics / A
Bob GardnerExecutive Director, NFSHSA
Mark TatumDeputy Commissioner/ Chief Ope
Chauncey BillupsESPN NBA Analyst
Martin DempseySpecial Advisor to the Commiss
Katie SmithWNBA New York Liberty Assistan

Highest Paid Contractors

ContractorServicesLocationCompensation
WebonizeWeb Design Services8601 Six Forks Road Forum 1 Suite, Raleigh, NC 27615$377,963
MirumWeb Design Service350 Tenth Avenue, San Diego, CA 92101$239,905
PinkertonSecurity ServicesPO Box 406394, Atlanta, GA 30384$161,354
Revenue and Support

Revenue Composition

Contributions and Grants
$2,610,119
Program Service Revenue
$578,960
Investment Income
$798,013
Other Revenue
$6,936,410
All Other Contributions
$2,583,920
Change in Net Assets
$2,690,424

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table1$558,488wholesale cost
Other Non Cash Contri Table1$62,340Fair Market Value (FMV)
Total Noncash Contributions2$620,828-

Audited Revenue Reconciliation

Revenue per Audited Statements
$10,923,502
Revenue Not Reported on Form 990
$2,012,955
Total Revenue per Audited Statements
$12,936,457
Total Revenue per Form 990
$10,923,502
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$5,062,063
Salaries, Compensation, and Employee Benefits$3,146,015
Total Fundraising Expense$383,128
Grants and Similar Amounts Paid$25,000
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$1,260,713$375,793$43,089$1,679,595
Other Salaries and Wages$868,038$103,264-$971,302
Fees for Services Other$13,408$2,211$324,137$339,756
Information Technology$309,834$2,466$222$312,522
Depreciation Depletion$219,432$49,381$4,442$273,255
Other Employee Benefits$208,023$32,724$2,943$243,690
Travel$206,362$12,165$1,094$219,621
Payroll Taxes$123,330$18,533$1,667$143,530
Insurance$113,960$25,646$2,307$141,913
Pension Plan Contributions$95,204$11,646$1,048$107,898
All Other Expenses$101,317$5,054$268$106,639
Fees for Services Legal$95,034$8,642$777$104,453
Occupancy$67,427$8,614$775$76,816
Conferences and Meetings$28,580--$28,580
Grants to Domestic Orgs$25,000--$25,000
Other Expenses$15,508$1,878$169$17,555
Fees for Services Accounting$9,672$1,227$110$11,009
Office Expenses$8,145$888$80$9,113
Total Functional Expenses$7,166,286$683,664$383,128$8,233,078

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$8,233,078
Total Expenses per Audited Statements$8,233,078
Total Expenses per Form 990$8,233,078
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
USA Deaf BasketballRiverside, CA501(c)(3)National Team Apparel-

International Summary

Spending
$87,092

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Europe (Including Iceland and Greenland)Program ServicesCompetitions--$35,439
South AmericaProgram ServicesCompetitions--$30,798
East Asia and the PacificProgram ServicesCompetitions--$10,017
Middle East and North AfricaProgram ServicesCompetitions--$9,977
North AmericaProgram ServicesCompetitions--$861
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI Section A, Line 9

JERRY COLANGELO, 2400 EAST ARIZONA BILTMORE CIRCLE, PHOENIX, AZ 85013 KIM BOHUNY, 645 FIFTH AVENUE, NEW YORK, NY 10022 Katie Smith 2494 Farleigh Rd., Columbus, OH 43221 Mark Tatum 645 Fifth Ave., New York, NY 10022 BOB GARDNER, PO BOX 690, INDIANAPOLIS, IN 46206 CHRIS PLONSKY, 2139 SAN JACINTO BLVD, AUSTIN, TX 78712 Jim Carr 1200 Grand Blvd., Kansas City, MO 64106 Dan Gavitt 700 W. Washington St., Indianapolis, IN 46206 Chauncey Billups 11 Sandy Lake Rd., Englewood, CO 80113

Form 990, Part VI Section B, Line 11

The governing board of the organization receives a copy for discussion and review before the final copy is filed with the irs.

Form 990, Part VI Section B, Line 12C

The conflict of interest policy is provided to the board of directors annually for review.

Form 990, Part VI Section B, Line 15

The ceo/executive director makes a recommendation and discusses those recommendations with the chair of the board for each employee. The board of directors meets in an executive session to discuss the proposals and approve compensation for the organization's officers and key employees.

Form 990, Part VI Section C, Line 19

The organization's documents are available upon request and on the website.

Filing and Contact Details

Filer

Filer Name
USA Basketball
EIN
37-0996441
In Care Of
% BRENT BAUMBERGER
Phone
7195904800
Address
5465 Mark Dabling Boulevard, Colorado Springs, CO 80918-3842

Signing Officer

Name
James Tooley
Title
CEO/executive Direct
Phone
7195908000
Signed
2018-02-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
James M Tooley
Formed
1987
Legal Domicile
Il
Voting Board Members
11
Independent Board Members
11
Employees
27
Volunteers
632

Preparer

Firm
Stockman Kast Ryan & Co Llp
Address
102 N CASCADE AVENUE SUITE 400, COLORADO SPRINGS, CO 80903
Preparer
Doreen B Merz
Phone
7196301186
Supplemental Narrative

Additional Explanations

FORM 990, PART I, LINE 1, PART III Line 1

MISSION CONTINUATION... support players, parents and programs that help grow and improve the game while inspiring young people to reach their potential both on and off the court.

Form 990, Part III, Line 4D

Events relate to u-16, u-19 and youth basketball along with disabled grants and hoop summit. Revenues consist of corporate licensing, competition income, sanction and clearance fees, and other program revenues.

Form 990, Part XII, line 2C

The organization's oversight process has not changed.

Financial Statement Notes

Part X, Line 2

For Federal income tax purposes, USA Basketball qualifies as a tax exempt organization under Section 501(c)(3) of the Internal Revenue Code and, accordingly, is not subject to Federal income taxes. USA Basketball believes that it does not have any uncertain tax positions that are material to the financial statements. Tax years that remain subject to examination include 2014 through the current period.

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IRS990/Form990PartVIISectionAGrp/PersonNm0Jerry Colangelo
IRS990/Form990PartVIISectionAGrp/PersonNm1Chauncey Billups
IRS990/Form990PartVIISectionAGrp/PersonNm2Kim Bohuny
IRS990/Form990PartVIISectionAGrp/PersonNm3Jim Carr
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IRS990/Form990PartVIISectionAGrp/PersonNm5Dan Gavitt
IRS990/Form990PartVIISectionAGrp/PersonNm6Bernard Muir
IRS990/Form990PartVIISectionAGrp/PersonNm7Chris Plonsky
IRS990/Form990PartVIISectionAGrp/PersonNm8Katie Smith
IRS990/Form990PartVIISectionAGrp/PersonNm9Martin Dempsey
IRS990/Form990PartVIISectionAGrp/PersonNm10Mark Tatum
IRS990/Form990PartVIISectionAGrp/PersonNm11Jim Tooley
IRS990/Form990PartVIISectionAGrp/PersonNm12Brent Baumberger
IRS990/Form990PartVIISectionAGrp/PersonNm13Sean Ford
IRS990/Form990PartVIISectionAGrp/PersonNm14Carol Callan
IRS990/Form990PartVIISectionAGrp/PersonNm15Craig Miller
IRS990/Form990PartVIISectionAGrp/PersonNm16Jay Demings
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IRS990/Form990PartVIISectionAGrp/TitleTxt0Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt1ESPN NBA Analyst
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IRS990/Form990PartVIISectionAGrp/TitleTxt3President and Chief Executive
IRS990/Form990PartVIISectionAGrp/TitleTxt4Executive Director, NFSHSA
IRS990/Form990PartVIISectionAGrp/TitleTxt5Vice President of Men's Basket
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director of Athletics, Stanfor
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director Women's Athletics / A
IRS990/Form990PartVIISectionAGrp/TitleTxt8WNBA New York Liberty Assistan
IRS990/Form990PartVIISectionAGrp/TitleTxt9Special Advisor to the Commiss
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IRS990/Form990PartVIISectionAGrp/TitleTxt11CEO/Executive Director
IRS990/Form990PartVIISectionAGrp/TitleTxt12Chief Financial Officer
IRS990/Form990PartVIISectionAGrp/TitleTxt13National Team Director-Men
IRS990/Form990PartVIISectionAGrp/TitleTxt14National Team Director-Women
IRS990/Form990PartVIISectionAGrp/TitleTxt15Chief Communications Officer
IRS990/Form990PartVIISectionAGrp/TitleTxt16Youth Development Director
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