Civic Intelligence

USA Triathlon of Colorado

EIN 46-1178146 • 501(c)3 • Colorado Springs, CO

Profile

The mission of USA Triathlon of Colorado (USATCO) is to grow and inspire the triathlon community. USA Triathlon of Colorado is the national governing body of the sport of Triathlon.

5825 Delmonico Dr Suite 200Colorado Springs, CO 80919

www.usatriathlon.org

Siviq Scores

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

Liabilities / Assets

77th percentile

0.53x

Higher debt load relative to assets than 77% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

68th percentile

0.47x

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

501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

26th percentile

-4.0%

Higher net margin than 26% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

88th percentile

$433,309

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 2.5% of source-year revenue.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Asset Growth

24th percentile

-2.5%

Faster asset growth than 24% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

30th percentile

-1.7%

Faster revenue growth than 30% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Assets

Down

$15,340,438

Down $3,910,290 (-20%) from 2021

Liabilities

Up

$8,135,600

Up $998,983 (+14%) from 2021

Net Assets

Down

$7,204,838

Down $4,909,273 (-41%) from 2021

Revenue

Down

$17,132,766

Down $551,401 (-3.1%) from 2021

Expenses

Up

$17,825,773

Up $2,245,551 (+14%) from 2021

Net Income

Down

-$693,007

Down $2,796,952 (-133%) from 2021

Trend Graphs

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2015: $21,246,333Liabilities 2015: $9,013,521Net Assets 2015: $12,232,8122015Assets 2016: $22,202,973Liabilities 2016: $9,424,927Net Assets 2016: $12,778,0462016Assets 2018: $20,723,006Liabilities 2018: $8,631,864Net Assets 2018: $12,091,1422018Assets 2019: $21,370,946Liabilities 2019: $8,711,337Net Assets 2019: $12,659,6092019Assets 2020: $17,035,263Liabilities 2020: $7,025,097Net Assets 2020: $10,010,1662020Assets 2021: $19,250,728Liabilities 2021: $7,136,617Net Assets 2021: $12,114,1112021Assets 2024: $15,340,438Liabilities 2024: $8,135,600Net Assets 2024: $7,204,8382024

Highlighted filing

2024

Assets$15,340,438
Liabilities$8,135,600
Net Assets$7,204,838

Operations Trend

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

$20M$10M$0-$10MRevenue 2015: $16,227,565Expenses 2015: $16,577,428Net Income 2015: -$349,8632015Revenue 2016: $15,984,236Expenses 2016: $15,301,573Net Income 2016: $682,6632016Revenue 2018: $15,762,120Expenses 2018: $15,800,046Net Income 2018: -$37,9262018Revenue 2019: $15,514,586Expenses 2019: $16,680,502Net Income 2019: -$1,165,9162019Revenue 2020: $10,021,436Expenses 2020: $12,995,046Net Income 2020: -$2,973,6102020Revenue 2021: $17,684,167Expenses 2021: $15,580,222Net Income 2021: $2,103,9452021Revenue 2024: $17,132,766Expenses 2024: $17,825,773Net Income 2024: -$693,0072024

Highlighted filing

2024

Revenue$17,132,766
Expenses$17,825,773
Net Income-$693,007

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 15, 2025
Return Version
2024v5.2
Gross Receipts
$21,190,721
Mission and Program Overview

Mission

The mission of usa triathlon of colorado (usat) is to grow, inspire, and support the triathlon community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$11,116,223$10,353,864▼ $762,359
Accounts Receivable$1,190,763$1,184,350▼ $6,413
Land, Buildings, and Equipment, Net$916,512$1,032,669▲ $116,157
Prepaid Expenses and Deferred Charges$368,436$663,825▲ $295,389
Cash and Non-Interest-Bearing Accounts$412,068$616,314▲ $204,246
Savings and Temporary Cash Investments$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$15,734,988$15,340,438▼ $394,550
Other Assets Total$1,730,986$1,489,416▼ $241,570
Liabilities
Deferred Revenue$6,243,922$5,412,869▼ $831,053
Mortgage Notes Payable Secured by Investment Property$1,782,534$1,555,850▼ $226,684
Accounts Payable and Accrued Expenses$547,968$988,205▲ $440,237
Other Liabilities$0$178,676▲ $178,676
Grants Payable$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$8,574,424$8,135,600▼ $438,824
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$7,160,564$7,204,838▲ $44,274
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$7,160,564$7,204,838▲ $44,274
Total Liabilities and Net Assets / Fund Balance$15,734,988$15,340,438▼ $394,550

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$904,394$782,532$1,686,926
Equipment-$984,289$984,289
Buildings$128,275$53,571$181,846
Other Assets Org$1,489,416--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Victoria BrumfieldCEOFT$332,400$100,909$433,309
Christi-Marie ButlerChief Development OfficerFT$219,760$69,209$281,449
Krista M PrescottChief Marketing/Growth OfficerFT$182,162$80,186$258,236
Tim YountChief of Sport DevelopmentFT$206,562$43,130$255,133
Darren Jacoby Sr Dir ofConstituent Growth & RetentionFT$131,525$44,852$184,175
Scott SchnitzspahnHigh Performance General Man.FT$169,584$15,593$183,570
Ryan BoltonDirector of High PerformanceFT$104,444$45,468$149,912
Kelley ClarkeDirector of Marketing Ops.FT$102,867$40,289$143,156
Brian D'Amico Director ofEvents and ProgramsFT$111,334$23,848$135,182
Camellia Noriega AssociateGeneral Counsel (To 08/12/24)FT$109,021$19,228$128,249
Sheri TrahernCFO (to 07/27/2024)FT$104,403$12,364$116,767
Katie ZafaresAthlete Director(To 10/2024)PT$10,296$160$10,456

Board Members and Trustees

NameTitle
Joel RosinbumBoard Chair
Henry BrandonVice Chair/ Independent Director
Dylan SorensenAthlete Director
Colonel Yvonne SpencerGeneral Director
Gabriela GallegosGeneral Director
Keri SerotaGeneral Director
Leslie KnibbGeneral Director
Laura OliphantIndependent Director
Scott SternbergIndependent Director
Felix StellmaszekIndpendent director
William HuffmanTreasurer/Athlete Director

Highest Paid Contractors

ContractorServicesLocationCompensation
Socket EventsProduction Services4 Tauber Ct, Castle Rock, CO 80108$120,792
Revenue and Support

Revenue Composition

Contributions and Grants
$3,782,367
Program Service Revenue
$12,632,272
Investment Income
$472,069
Other Revenue
$246,058
All Other Contributions
$2,599,926
Change in Net Assets
$-693,007

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 Table17$871,400Fair Market Value
Total Noncash Contributions17$871,400-

Audited Revenue Reconciliation

Revenue per Audited Statements
$17,132,766
Revenue Not Reported on Form 990
$938,974
Total Revenue per Audited Statements
$18,071,740
Total Revenue per Form 990
$17,132,766
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$11,068,897
Salaries, Compensation, and Employee Benefits$5,876,480
Grants and Similar Amounts Paid$880,396
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,860,471$1,557,133-$3,417,604
Insurance$2,910,489$181,875-$3,092,364
Travel$1,915,404$131,035-$2,046,439
Fees for Services Other$1,337,895$628,678-$1,966,573
Current Officers, Directors, Trustees, and Key Employees$849,277$689,644-$1,538,921
Office Expenses$222,708$416,070-$638,778
Occupancy$190,337$432,804-$623,141
Other Employee Benefits$258,090$226,761-$484,851
Grants to Domestic Individuals$470,396--$470,396
Information Technology$321,894$93,075-$414,969
Grants to Domestic Orgs$410,000--$410,000
Other Expenses$367,736$6,670-$374,406
Payroll Taxes$188,226$138,802-$327,028
Depreciation Depletion-$325,904-$325,904
Fees for Services Legal$359$142,468-$142,827
Comp Disqual Persons$68,642--$68,642
Pension Plan Contributions$20,483$18,951-$39,434
Advertising$1,510$13,555-$15,065
Total Functional Expenses$12,820,296$5,005,477$0$17,825,773

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$18,027,467
Expenses per Audited Statements$17,825,773
Total Expenses per Form 990$17,825,773
Expenses Not Reported on Form 990$201,694
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
University of IndianapolisIndianapolis, IN501 (c)(3)Sport Program$110,000
La Salle UniversityPhiladelphia, PA501 (c)(3)Sport Program$65,000
Gallaudet UniversityWashington, DC501 (c)(3)Sport Program$50,000
Duquesne University of the Holy SpiritPittsburgh, PA501 (c)(3)Sport Program$40,000
Roberts Wesleyan UniversityRochester, NY501 (c)(3)Sport Program$40,000
Concordia University Wisconsin IncMequon, WI501 (c)(3)Sport Program$35,000
Northern Kentucky UniversityHighland Heights, KY501 (c)(3)Sport Program$25,000
Warren Wilson-CollegeAshville, NC501 (c)(3)Sport Program$25,000
Calvin CollegeGrand Rapids, MI501 (c)(3)Sport Program$10,000
Chicago State FoundationChicago, IL501 (c)(3)Sport Program$10,000

International Summary

Offices
25
Employees
0
Spending
$1,010,304

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 ServicesTravel140$965,043
North AmericaProgram ServicesTravel90$43,966
South AmericaProgram ServicesTravel20$1,295
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

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Tom ZaferesRelative of Board MemberEmployeeNo$68,642

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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Related Parites$178,676
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
Yes
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
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

USA Triathlon of Colorado is a membership organization. Membership is open to any individual who is an athlete, coach, trainer, manager, club member, volunteer, administrator, or official active in the sports of triathlon, or to any other individual who is interested in the goals and objectives of USA Triathlon of Colorado. The classes of members are elite athletes, amateur athletes, general members, and youth. Youth Membership is for individuals under the age of 18 and youth members do not have voting rights.

Form 990, Part VI, Section A, Line 7A

THERE ARE TWELVE (12) MEMBERS OF THE BOARD OF DIRECTORS. FOUR (4) ATHLETE DIRECTORS ARE ELECTED BY ELITE ATHLETE MEMBERS. FOUR (4) INDEPENDENT DIRECTORS ARE SELECTED BY THE BOARD. FOUR (4) GENERAL DIRECTORS ARE ELECTED BY THE GENERAL MEMBERSHIP. BALLOTS ARE GENERALLY MADE AVAILABLE IN MID-LATE SEPTEMBER AND THE ELECTION CLOSEs APPROXIMATELY 30 DAYS THEREAFTER.

Form 990, Part VI, Section A, Line 7B

A vote of at least nine (9) votes of the directors of the board at any meeting duly called is required for any amendments to the bylaws. Members vote on the general directors. Athlete directors and members of the athletes' advisory council are elected by the elite athlete members. All other committee members are appointed by the board of directors. Various other decisions are reserved by the board of directors.

Form 990, Part VI, Section B, Line 11B

The form 990 will be reviewed by usat's executive leadership team. After the leadership team's review, form 990 is reviewed by the finance committee and then submitted to the board for review and approval, before the return is filed with the irs. The 990 will be posted to usat's website.

Form 990, Part VI, Section B, Line 12C

Annually officers, directors, staff and various others complete a conflict-of-interest (coi) disclosure form. They also have the obligation to update it on an ongoing basis. Usat staff and the chair of the ethics committee review the coi forms and any potential conflicts. If a conflict exists, the applicable person is provided with guidance as to appropriate mitigation steps and their ability to engage in a deliberation, transaction, or vote concerning the conflict.

Form 990, Part VI, Section B, Line 15 A & B

The ceo has an employment agreement that was reviewed by the compensation committee and based on relevant compensation surveys. This agreement was approved by the board. The ceo is also reviewed on an annual basis based on performance metrics. The board approves the final evaluation for the year. For key employees, the hr and finance teams use surveys and industry knowledge to develop a range for each salary position at usat. The hr and finance teams propose overall pay scales during each budget review and in december, the usat board must review and approve the following year's budget.

Form 990, Part VI, Section C, Line 19

The organization provides, in a timely manner, financial statements and governing documents including its conflict of interest policy, when requested in writing or in person. The form 990, and governing documents of the organization are posted on the organization's website and updated as necessary from time to time.

Filing and Contact Details

Filer

Filer Name
USA Triathlon of Colorado
EIN
46-1178146
In Care Of
% THE ORGANIZATION
Phone
7195979090
Address
5825 Delmonico Dr Suite 200, Colorado Springs, CO 80919

Signing Officer

Name
Victoria Brumfield
Title
CEO
Phone
7195979090
Signed
2025-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Victoria Brumfield
Formed
2012
Legal Domicile
Co
Voting Board Members
12
Independent Board Members
11
Employees
76
Volunteers
324

Preparer

Firm
Sorren Inc
Address
102 N CASCADE AVENUE SUITE 400, COLORADO SPRINGS, CO 80903
Preparer
Doreen B Merz
Phone
7196301186
Supplemental Narrative

Additional Explanations

Form 990 Part IX Line 11G

Description:contract labor total fees:1445611

Form 990 Part IX Line 11G

Description:professional fees total fees:520812

Form 990 Part IX Line 11G

Description:commissions total fees:150

Financial Statement Notes

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.

Schedule D, Part XI, Line 2 D

OTHER: $9,464; This amount consists of merchandise expense which are netted with revenue in Form 990, Part VIII.

Schedule D, Part XII, Line 2 D

OTHER: $9,464; This amount consists of merchandise expense which are netted with revenue in Form 990, Part VIII. $1 of rounding.

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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/Form990PartVIISectionAGrp/PersonNm3Tim Yount
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IRS990/Form990PartVIISectionAGrp/PersonNm6Ryan Bolton
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IRS990/Form990PartVIISectionAGrp/PersonNm8Brian D'Amico Director of
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IRS990/Form990PartVIISectionAGrp/PersonNm11Katie Zafares
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IRS990/Form990PartVIISectionAGrp/TitleTxt0CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt1Chief Development Officer
IRS990/Form990PartVIISectionAGrp/TitleTxt2Chief Marketing/Growth Officer
IRS990/Form990PartVIISectionAGrp/TitleTxt3Chief of Sport Development
IRS990/Form990PartVIISectionAGrp/TitleTxt4Constituent Growth & Retention
IRS990/Form990PartVIISectionAGrp/TitleTxt5High Performance General Man.
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director of High Performance
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director of Marketing Ops.
IRS990/Form990PartVIISectionAGrp/TitleTxt8Events and Programs
IRS990/Form990PartVIISectionAGrp/TitleTxt9General Counsel (To 08/12/24)
IRS990/Form990PartVIISectionAGrp/TitleTxt10CFO (TO 07/27/2024)
IRS990/Form990PartVIISectionAGrp/TitleTxt11Athlete Director(To 10/2024)
IRS990/Form990PartVIISectionAGrp/TitleTxt12Board Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt13Vice Chair/ Independent Dir.
IRS990/Form990PartVIISectionAGrp/TitleTxt14Treasurer/Athlete Director
IRS990/Form990PartVIISectionAGrp/TitleTxt15General Director
IRS990/Form990PartVIISectionAGrp/TitleTxt16General Director
IRS990/Form990PartVIISectionAGrp/TitleTxt17General Director
IRS990/Form990PartVIISectionAGrp/TitleTxt18General Director
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IRS990/Form990PartVIISectionAGrp/TitleTxt20Indpendent director
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