Civic Intelligence

USA Track and Field Foundation Inc

EIN 37-1433733 • 501(c)3 • Salem, OH

Profile

The usa track & field foundation provides a means to attract and guide funds to new and innovative track and field programs to promote competitive excellence and expand involvement in the sport. Activities are primarily grant-making.

217 N Lincoln AveSalem, OH 44460

www.usatffoundation.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

67th percentile

0.29x

Higher debt load relative to assets than 67% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

68th percentile

0.35x

Higher debt load relative to revenue than 68% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

42nd percentile

1.6%

Higher net margin than 42% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

85th percentile

29%

Faster asset growth than 85% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2024

Revenue Growth

69th percentile

19%

Faster revenue growth than 69% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2024

Assets

Up

$6,845,166

Up $1,744,012 (+34%) from 2023

Liabilities

Up

$2,002,059

Up $1,658,956 (+484%) from 2023

Net Assets

Up

$4,843,107

Up $85,056 (+1.8%) from 2023

Revenue

Up

$5,689,109

Up $654,214 (+13%) from 2023

Expenses

Up

$5,599,053

Up $1,299,560 (+30%) from 2023

Net Income

Down

$90,056

Down $645,346 (-88%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $1,642,216Liabilities 2011: $1,112,707Net Assets 2011: $529,5092011Assets 2012: $921,938Liabilities 2012: $66,514Net Assets 2012: $855,4242012Assets 2013: $1,538,067Liabilities 2013: $122,471Net Assets 2013: $1,415,5962013Assets 2014: $1,553,130Liabilities 2014: $138,827Net Assets 2014: $1,414,3032014Assets 2015: $1,619,338Liabilities 2015: $587,053Net Assets 2015: $1,032,2852015Assets 2016: $1,193,830Liabilities 2016: $169,149Net Assets 2016: $1,024,6812016Assets 2018: $2,658,476Liabilities 2018: $159,576Net Assets 2018: $2,498,9002018Assets 2019: $3,788,088Liabilities 2019: $1,542,371Net Assets 2019: $2,245,7172019Assets 2020: $2,575,222Liabilities 2020: $863,664Net Assets 2020: $1,711,5582020Assets 2021: $4,459,238Liabilities 2021: $646,127Net Assets 2021: $3,813,1112021Assets 2022: $4,133,269Liabilities 2022: $85,620Net Assets 2022: $4,047,6492022Assets 2023: $5,101,154Liabilities 2023: $343,103Net Assets 2023: $4,758,0512023Assets 2024: $6,845,166Liabilities 2024: $2,002,059Net Assets 2024: $4,843,1072024

Highlighted filing

2024

Assets$6,845,166
Liabilities$2,002,059
Net Assets$4,843,107

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2011: $484,4032011Expenses 2012: $688,8132012Revenue 2013: $1,150,202Expenses 2013: $630,264Net Income 2013: $519,9382013Revenue 2014: $763,833Expenses 2014: $717,126Net Income 2014: $46,7072014Revenue 2015: $529,601Expenses 2015: $899,619Net Income 2015: -$370,0182015Revenue 2016: $984,594Expenses 2016: $932,199Net Income 2016: $52,3952016Revenue 2018: $1,157,179Expenses 2018: $1,917,886Net Income 2018: -$760,7072018Revenue 2019: $1,573,281Expenses 2019: $1,801,462Net Income 2019: -$228,1812019Revenue 2020: $1,065,508Expenses 2020: $1,599,667Net Income 2020: -$534,1592020Revenue 2021: $5,345,351Expenses 2021: $3,243,798Net Income 2021: $2,101,5532021Revenue 2022: $4,009,737Expenses 2022: $3,775,199Net Income 2022: $234,5382022Revenue 2023: $5,034,895Expenses 2023: $4,299,493Net Income 2023: $735,4022023Revenue 2024: $5,689,109Expenses 2024: $5,599,053Net Income 2024: $90,0562024

Highlighted filing

2024

Revenue$5,689,109
Expenses$5,599,053
Net Income$90,056

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.85$2.00$4.84$5.69$5.60$0.09
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.10$0.34$4.76$5.03$4.30$0.74
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.13$0.09$4.05$4.01$3.78$0.23
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.46$0.65$3.81$5.35$3.24$2.10
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.58$0.86$1.71$1.07$1.60$0.53
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.79$1.54$2.25$1.57$1.80$0.23
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.66$0.16$2.50$1.16$1.92$0.76
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.19$0.17$1.02$0.98$0.93$0.05
2015Detailed filing. Detailed filing data is available for this year.$1.62$0.59$1.03$0.53$0.90$0.37
2014Detailed filing. Detailed filing data is available for this year.$1.55$0.14$1.41$0.76$0.72$0.05
2013Detailed filing. Detailed filing data is available for this year.$1.54$0.12$1.42$1.15$0.63$0.52
2012XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.92$0.07$0.86$0.69
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.64$1.11$0.53$0.48
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 1, 2023
Return Version
2022v5.0
Gross Receipts
$4,009,737
Mission and Program Overview

Mission

The usa track & field foundation provides a means to attract and guide funds to new and innovative track and field programs to promote competitive excellence and expand involvement in the sport. Activities are primarily grant-making.

The usa track & field foundation provides a means to attract and guide funds to new and innovative track and field programs to promote competitive excellence and expand involvement in the sport. Activities are primarily grant-making

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$3,425,440$3,981,682▲ $556,242
Pledges and Grants Receivable$658,842$148,865▼ $509,977
Prepaid Expenses and Deferred Charges$374,956$2,722▼ $372,234
Total Assets$4,459,238$4,133,269▼ $325,969
Liabilities
Deferred Revenue$547,486--
Accounts Payable and Accrued Expenses$98,641$85,620▼ $13,021
Total Liabilities$646,127$85,620▼ $560,507
Net Assets / Fund Balance
Net Assets With Donor Restrictions$2,411,473$2,255,394▼ $156,079
Net Assets Without Donor Restrictions$1,401,638$1,792,255▲ $390,617
Total Net Assets Fund Balance$3,813,111$4,047,649▲ $234,538
Total Liabilities and Net Assets / Fund Balance$4,459,238$4,133,269▼ $325,969
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Thomas JackovicExecutive DiFT$185,000$185,000
Thomas JackovicExecutive Director-$185,000$185,000
Trixie SaumsiegleCOOFT$105,501$105,501

Board Members and Trustees

NameTitle
Robert GreifeldChairman
Andy MantelBoard Member
Barry SloaneBoard Member
Benjamin GiffordBoard Member
Bill NoldeBoard Member
Charles WebsterBoard Member
DAN O'BRIENBoard Member
Gary RetelnyBoard Member
Jack WickensBoard Member
Jason BarrettBoard Member
Jay BalabanBoard Member
Joe RubioBoard Member
John BurgessBoard Member
John MarshBoard Member
Katherine GreifeldBoard Member
Lisa LarsonBoard Member
Michael ViolaBoard Member
Richard GayBoard Member
Robert HillBoard Member
Sarah LeskoBoard Member
Shaun SkerisBoard Member
Steve SchwarzmanBoard Member
Therese WichmannBoard Member
Anre WilliamsDirector
Bob WestDirector
Dan MccloryDirector
Joe FabrisDirector
Louis CarrDirector
Mark JamesDirector
Mark LambertDirector
Mark QuinnDirector
Marty DugardDirector
Max SiegelDirector
Nicholas SparksDirector
Paul LillyDirector
Phil DunkelbergerDirector
Preston JohnsonDirector
Reid JohnsonDirector
Scott TonnDirector
Victoria ChapusDirector
Vin LanannaDirector
Willie BanksDirector
Wayne VandenburgBaord Member
Kenneth FlaxTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$3,763,118
Program Service Revenue
$235,409
Investment Income
$11,210
Other Revenue
$0
All Other Contributions
$3,763,118
Change in Net Assets
$234,538

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
Securities Publicly Traded3$2,309,743Stock Closing Price
Total Noncash Contributions3$2,309,743-

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,009,737
Total Revenue per Audited Statements
$4,009,737
Total Revenue per Form 990
$4,009,737
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$3,217,105
Salaries, Compensation, and Employee Benefits$357,954
Total Fundraising Expense$203,591
Other Expenses$171,932
Professional Fundraising Fees$28,208

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$3,150,815--$3,150,815
Current Officers, Directors, Trustees, and Key Employees$71,251$71,250$148,000$290,501
Grants to Domestic Orgs$66,290--$66,290
Travel$55,434--$55,434
Advertising$36,217--$36,217
Fees for Services Accounting-$32,829-$32,829
Fees for Services Professional Fundraising--$28,208$28,208
Office Expenses-$25,736-$25,736
Payroll Taxes$4,023$5,294$11,857$21,174
Other Employee Benefits$12,536$4,307$3,274$20,117
Pension Plan Contributions$2,760$3,631$8,134$14,525
Other Salaries and Wages$5,681$1,838$4,118$11,637
Conferences and Meetings-$10,722-$10,722
Fees for Services Legal$6,571--$6,571
Insurance$4,423--$4,423
Total Functional Expenses$3,416,001$155,607$203,591$3,775,199

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,775,199
Total Expenses per Audited Statements$3,775,199
Total Expenses per Form 990$3,775,199
International Activity

Grant and Assistance Recipients

Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$28,208
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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
No
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, Page 6, Part VI, Line 2

Robert greifeld katie greifeld father/daughter

Form 990, Page 6, Part VI, Line 11B

The form 990 is reviewed by the organization's executive director and finance committee. Thereafter, the 990 is forwarded to the full board of directors for reivew prior to its filing with the internal revenue service. The full board has access to the core form as well as all schedules, except that the schedule b is redacted for names and addresses for privacy concerns.

Form 990, Page 6, Part VI, Line 12C

The executive director and chairman of the board monitor potential conflicts of interest. Board members recuse themselves in discussions and voting on potential conflict of interest situations.

Form 990, Page 6, Part VI, Line 15A

The organizations executive director's compensation is established based on like organizations compensation and an annual performance review. Salary discussions and approval are conducted by the board and contemporaneously documented. The annual salary approval process was most recently conducted in february 2019.

Form 990, Page 6, Part VI, Line 19

Governing documents, conflict of interest policy and financial statements are made available to the public upon request at the board's discretion.

Filing and Contact Details

Filer

Filer Name
USA Track and Field Foundation Inc
EIN
37-1433733
Phone
3177134681
Address
217 N LINCOLN AVE, SALEM, OH 44460

Signing Officer

Name
Thomas Jackovic
Title
Executive Director
Phone
3177134681
Signed
2023-11-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Thomas Jackovic
Formed
2002
Legal Domicile
In
Voting Board Members
44
Independent Board Members
44
Employees
3
Volunteers
42

Preparer

Firm
D T Moore and Company LLC
Address
217 N LINCOLN AVE, SALEM, OH 44460-2905
Preparer
Daniel T Moore CPA
Phone
3303325336
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The usa track & field foundation provides a means to attract and guide funds to new and innovative track and field programs to promote competitive excellence and expand involvement in the sport. Activities are primarily grant-making

Form 990, Part XI, Line 9

UNCOLLECTIBLE PLEDGES 0

Financial Statement Notes

Schedule D, Page 4, Part XII, Line 2D

UNCOLLECTIBLE PLEDGES 0

Raw XML AppendixShowing 400 of 708 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ActivityOrMissionDesc0THE USA TRACK & FIELD FOUNDATION PROVIDES A MEANS TO ATTRACT AND GUIDE FUNDS TO NEW AND INNOVATIVE TRACK AND FIELD PROGRAMS TO PROMOTE COMPETITIVE EXCELLENCE AND EXPAND INVOLVEMENT IN THE SPORT. ACTIVITIES ARE PRIMARILY GRANT-MAKING
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IRS990/Form990PartVIISectionAGrp/TitleTxt0EXECUTIVE DI
IRS990/Form990PartVIISectionAGrp/TitleTxt1COO
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IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
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IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt14BOARD MEMBER
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IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt23BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt24DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt25BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt26BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt27DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt28BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt29BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt30DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt31BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt32BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt33BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt34DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt35BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt36BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt37DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt38DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt39BAORD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt40BOARD MEMBER

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