2019-11-15T07:49:22-06:00 2018-12-31 BDO USA LLP 100 PARK AVENUE NEW YORK NY 100175001 990 2018-01-01 751847871 USA GYMNASTICS % BERNADETTE M BARRON USAG 3172375050 130 E WASHINGTON STREET Suite 700 INDIANAPOLIS IN 46204 BERNADETTE M BARRON cfo 3172375050 2019-11-14 true Paul Hammerschmidt P01384178 2128858000 38.140.180.210 26308920193195000011 2019-11-15 P D70B10EF617FA1489EC280627DA9B4A800B8227E D70B10EF617FA1489EC280627DA9B4A800B8227E 2018 2020-04-17 16:48:07Z LI LI LEUNG 130 E WASHINGTON ST INDIANAPOLIS IN 46204 24557367 false X WWW.USAGYM.ORG X 1964 IN USA GYMNASTICS IS THE DESIGNATED NATIONAL GOVERNING BODY FOR THE SPORT OF GYMNASTICS IN THE UNITED STATES. 13 13 80 3000 46985 -14652 3898090 4946778 20396346 18843183 4828 46423 758462 344476 25057726 24180860 835250 833067 0 0 6934665 6103597 0 0 0 18781357 21264974 26551272 28201638 -1493546 -4020778 91033618 85260444 89472807 87720411 1560811 -2459967 X USA GYMNASTICS IS THE DESIGNATED NATIONAL GOVERNING BODY OF THE OLYMPIC SPORT OF GYMNASTICS. THE ORGANIZATION WAS SO DESIGNATED BY THE UNITED STATES OLYMPIC AND PARALYMPIC COMMITTEE (USOPC). USA GYMNASTICS IS ALSO THE UNITED STATES REPRESENTATIVE TO THE FEDERATION INTERNATIONALE DE GYMNASTIQUE (FIG), AN ORGANIZATION WHOSE PURPOSE IS TO PROMOTE THE DEVELOPMENT OF THE SPORT OF GYMNASTICS THROUGHOUT THE WORLD. IN ADDITION TO ORGANIZING THE OLYMPIC AND WORLD GYMNASTICS TEAMS AND OTHER NATIONAL TEAMS, USA GYMNASTICS SUPPORTS AND PROMOTES THE SPORT OF GYMNASTICS THOUGH ATHLETE AND COACH DEVELOPMENT, EVENT SANCTIONING, SAFETY AND EDUCATION. false false 7563839 833067 2409412 PROGRAM SERVICES - USA GYMNASTICS HAS THE RESPONSIBILITY TO SELECT, DEVELOP AND TRAIN THE NATIONAL AND OLYMPIC TEAMS FOR GYMNASTICS. EXPENSES INCLUDE TRAVEL TO INTERNATIONAL COMPETITION, TRAINING CAMPS, ATHLETE AND COACH SUPPORT, APPAREL, JUDGES, DEVELOPMENT AND TRAINING AND EARLY TALENT IDENTIFICATION. THE FIVE PROGRAM DISCIPLINES INCLUDE WOMEN'S ARTISTIC, MEN'S ARTISTIC, RHYTHMIC, TRAMPOLINE & TUMBLING AND ACROBATICS. 5798551 0 14304222 MEMBER SERVICES USA GYMNASTICS HAS OVER 200,000 MEMBERS AFFILIATED WITH OVER 2,500 INDEPENDENTLY OPERATED ORGANIZATIONS TO WHICH IT PROVIDES A VARIETY OF SERVICES AND BENEFITS. BENEFITS INCLUDE PARTICIPANT ACCIDENT INSURANCE COVERAGE TO COMPETING MEMBERS, AND LIABILITY COVERAGE TO HOSTS OF SANCTIONED COMPETITIONS. USA GYMNASTICS ALSO CONDUCTS SAFETY CERTIFICATION WHICH IS REQUIRED OF PROFESSIONAL MEMBERS, DEVELOPS RULES AND POLICIES THAT GOVERN THE CONDUCT OF EVENTS AND CONDUCTS THE ONGOING OPERATION OF ADMINISTRATION. USA Gymnastics holds national and regional congresses throughout the year to educate our gynastic's community on best practices. USA Gymnastics maintains several social media channels whereby domestic and international success and gymnast stories can be communicated worldwide. 326360 0 0 USA GYMNASTICS IS COMMITTED TO Provide a safe environment and create a foundation for competitive excellence both in and beyond the gym and holistically develop our gymnasts. USA GYMNASTICS PROVIDES AWARENESS, PREVENTION AND REPORTING INFORMATION REGARDING SEXUAL MISCONDUCT TO PROFESSIONAL MEMBERS, MEMBERS CLUBS, ATHLETE MEMBERS AND THEIR FAMILIES. IN JUNE 2017, USA GYMNASTICS LEADERSHIP APPROVED AND ADOPTED A NEW SAFE SPORT POLICY, WHICH IS MANDATORY FOR ALL MEMBERS TO COMPLY WITH. THIS POLICY INCLUDES INCREASING THE NUMBER OF INDIVIDUALS WHO FALL UNDER USA GYMNASTICS JURISDICTION, INCREASING THE CATEGORIES OF MISCONDUCT, ADDRESSING AND PROHIBITING BOUNDARY VIOLATIONS AND GROOMING BEHAVIORS, REQUIRING THE REPORTING OF SUSPICION OF ABUSE TO LAW ENFORCEMENT, REQUIRING THE NOTIFICATION TO USA GYMNASTICS OR US CENTER FOR SAFESPORT FOR ANY MISCONDUCT, AND REQUIRING COVERED INDIVIDUALS TO TAKE A DESIGNATED SAFE SPORT COURSE EVERY TWO YEARS. 5385304 0 2427040 19074054 true true false true false false false false true false true false false true true false false false false false true false false false false false false true true true false false false false false false false false true false false false false true true true false false true 1168 0 true 80 true true true false false false false false false false false false false false X 13 13 false false true false true true false true false false true true true true true true true true false IN X X BERNADETTE M BARRON 3172375050 130 E WASHINGTON STREET INDIANAPOLIS IN 46204 X KAREN GOLZ BOARD CHAIR (2/18-11/18) 30.0 0.0 X X 0 0 0 Kathryn Carson 718 - 1218 BOARD CHAIR (EFF. 12/18) 30.0 0.0 X X 0 0 0 PAUL PARILLA THRU 118 BOARD CHAIR 10.0 0.0 X X 0 0 0 DAVID RUDD SECRETARY (FROM 2/18) 10.0 0.0 X X 0 0 0 Stefanie Korepin TREASURER (FROM 2/18) 10.0 0.0 X X 0 0 0 Lois Bingham DIRECTOR (FROM 2/18) 10.0 0.0 X 0 0 0 Kittia Carpenter DIRECTOR (FROM 2/18) 10.0 0.0 X 2959 0 0 Ivana Hong DIRECTOR (FROM 1/18) 10.0 0.0 X 0 0 0 Brent Lang DIRECTOR (FROM 7/18) 10.0 0.0 X 0 0 0 Dylan Maurer DIRECTOR (FROM 1/18) 10.0 0.0 X 0 0 0 Staci Slaughter DIRECTOR (FROM 7/18) 10.0 0.0 X 0 0 0 Justin Spring DIRECTOR (FROM 2/18) 10.0 0.0 X 0 0 0 Julie Springwater DIRECTOR (FROM 2/18) 10.0 0.0 X 0 0 0 Kimberly Till DIRECTOR (FROM 7/18) 10.0 0.0 X 0 0 0 Kevin White DIRECTOR (FROM 7/18) 10.0 0.0 X 3900 0 0 Claudia Kretschmer DIRECTOR (2/18-6/18) 10.0 0.0 X 0 0 0 Randy Jepson DIRECTOR (2/18-6/18) 10.0 0.0 X 0 0 0 Scott Lineberry DIRECTOR (2/18-6/18) 10.0 0.0 X 0 0 0 Bob Meier DIRECTOR (2/18-6/18) 10.0 0.0 X 0 0 0 Cindy Bickman DIRECTOR (2/18-6/18) 10.0 0.0 X 0 0 0 Bobbie Cesarek DIRECTOR (2/18-6/18) 10.0 0.0 X 0 0 0 Evelyn Chandler DIRECTOR (2/18-6/18) 10.0 0.0 X 0 0 0 Steve Legendre DIRECTOR (1/18-12/18) 10.0 0.0 X 0 0 0 Ava Gehringer DIRECTOR (1/18-6/18) 10.0 0.0 X 0 0 0 TOM KOLL DIRECTOR (THRU 1/18) 10.0 0.0 X 0 0 0 Yoichi Tomita DIRECTOR (THRU 1/18) 10.0 0.0 X 0 0 0 Mike Burns DIRECTOR (THRU 1/18) 10.0 0.0 X 0 0 0 Kelli Hill DIRECTOR (THRU 1/18) 10.0 0.0 X 0 0 0 Casey Koenig DIRECTOR (THRU 1/18) 10.0 0.0 X 0 0 0 David Benck DIRECTOR (THRU 1/18) 10.0 0.0 X 0 0 0 Austin White DIRECTOR (THRU 1/18) 10.0 0.0 X 0 0 0 Rome Milan DIRECTOR (THRU 1/18) 10.0 0.0 X 0 0 0 David Durante DIRECTOR (THRU 1/18) 10.0 0.0 X 0 0 0 Patti Conner DIRECTOR (THRU 1/18) 10.0 0.0 X 0 0 0 Terin Humphrey DIRECTOR (THRU 1/18) 10.0 0.0 X 0 0 0 Kathy Krebs DIRECTOR (THRU 1/18) 10.0 0.0 X 0 0 0 Kevin Martinez DIRECTOR (THRU 1/18) 10.0 0.0 X 0 0 0 Nataliya Kozitskaya DIRECTOR (THRU 1/18) 10.0 0.0 X 0 0 0 Carisa Laughon DIRECTOR (THRU 1/18) 10.0 0.0 X 0 0 0 Cathy Rigby-McCoy DIRECTOR (THRU 1/18) 10.0 0.0 X 0 0 0 Jay Binder DIRECTOR (THRU 1/18) 10.0 0.0 X 0 0 0 Bitsy Kelley DIRECTOR (THRU 1/18) 10.0 0.0 X 0 0 0 MARY BONO 101218-101618 INTERIM PRESIDENT/CEO 40.0 0.0 X 15753 0 0 KERRY PERRY THRU 9418 PRESIDENT/CEO 40.0 0.0 X 716086 0 16774 JOHN HEWETT cfo (THRU 10/18) 40.0 0.0 X 90192 0 10399 Scott Shollenbarger cfo (from 7/18) 50.0 0.0 X 78462 0 7533 DAVONSHE GALIMORE THRU 1118 chief operating officer 40.0 0.0 X 263912 0 24529 RHONDA FAEHN THRU 518 Senior VP - Women's Program 40.0 0.0 X 192989 0 9495 MARK BUSBY Legal Counsel - Safe Sports 40.0 0.0 X 160000 0 32211 BRETT MCCLURE DIR. - MEN'S HIGH PERFORMANCE 40.0 0.0 X 115000 0 15526 LESLIE KING VP - Communications 50.0 0.0 X 114805 0 15985 JEFFREY SMITH Managing Director - Events 40.0 0.0 X 114180 0 23680 STEVE PENNY PRESIDENT/CEO 0.0 0.0 X 506667 0 0 2374905 0 156132 9 true true false Miller Johnson Snell Cummiskey PO Box 306 GRAND RAPIDS MI 49501 legal 1004468 Plews Shadley Racher Braun LLP 1346 N Delaware Street INDIANAPOLIS IN 46202 LEGAL 806542 NBC Universal Media LLC PO Box 402971 ATLANTA GA 30384 Broadcast Services 790000 Faegre Baker Daniels LLC 300 N Meridian Suite 2700 INDIANAPOLIS IN 46204 LEGAL 754707 Barnes Thornburg 11 S Meridian StREET INDIANAPOLIS IN 46204 LEGAL 574220 11 1283440 3663338 250000 4946778 MEMBER SERVICES 900099 14760107 14760107 NATIONAL EVENT REVENUES 900099 2137343 2137343 PROGRAM EVENTS & CLINICS 900099 1945733 1945733 18843183 37543 37543 0 0 0 0 0 8880 8880 8880 8880 0 0 0 0 0 0 666204 376507 289697 289697 ADVERTISING 511120 46985 46985 MEMORABILIA REVENUES 900099 7794 7794 54779 24180860 19140674 46985 46423 37073 37073 795994 795994 0 0 1214664 279465 935199 0 3907493 3254923 652570 188746 148554 40192 452524 366610 85914 340170 243560 96610 0 4248799 4248799 139420 139420 0 0 0 2284017 2284017 0 0 0 1897787 1714442 183345 325582 100332 225250 0 328411 15019 313392 4006716 3733753 272963 0 0 0 0 158791 158791 3199924 1979298 1220626 EVENT FACILITY COSTS 2164493 1626867 537626 0 EVENT PRODUCTION 1048081 1048081 0 REBATES 752666 752666 0 MISCELLANEOUS EXPENSES 710287 693400 16887 28201638 19074054 9127584 0 9101496 6739303 565547 287766 0 0 1058687 639250 0 0 0 0 0 0 115297 107108 1007875 506934 2048578 1690305 506945 358273 2284001 1621810 0 0 0 0 0 0 76393770 75000000 91033618 85260444 1864149 2111766 0 0 6947880 6903303 0 0 5660778 3605716 0 0 0 0 0 0 75000000 75099626 89472807 87720411 X 1560811 -2459967 0 0 0 0 1560811 -2459967 91033618 85260444 -4020778 X false false false X 2889927 3392959 5093324 3898090 4946778 20221078 19856627 19676988 28267585 20701587 19140674 107643461 0 0 0 22746554 23069947 33360909 24599677 24087452 127864539 407000 602000 647500 739374 1283440 3679314 0 407000 602000 647500 739374 1283440 3679314 124185225 323386 405446 840817 321449 37543 1928641 0 323386 405446 840817 321449 37543 1928641 0 0 23069940 23475393 34201726 24921126 24124995 129793180 0.95679 0.95320 0.01486 0.01830 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false false false true 10600 10600 false PART II-B, LINE 1I: THE ORGANIZATION ENGAGED A LEGAL FIRM TO CONSULT ON LEGISLATIVE MATTERS OR DEVELOPMENTS THAT COULD SPECIFICALLY HAVE AN IMPACT ON THE OPERATIONS OF USA GYMNASTICS. THE TOTAL AMOUNT PAID TO THE LEGAL FIRM IN 2018 WAS $10,600. false true X 218384 124933 93451 1484522 1261733 222789 345672 303639 42033 358273 INSURANCE RECEIVABLE 75000000 75000000 0 CONTINGENT LIABILITY 75000000 DUE TO NATIONAL GYMNASTICS FDN, 99626 A RELATED 501(C)(3) ORGANIZATION 0 75099626 PART IV, LINE 2B: USA Gymnastics States and Regions have established bank accounts under the Organizations tax identification number. All funds are maintained for the benefit of the States and Regions. The Organization executes financial control of these funds as fiscal agent for a portion of the States and Regions, and a liability of $3,605,716. as of December 31, 2018. South America Program Services TRAVEL COSTS & FEES 512834 East Asia and the Pacific Program Services TRAVEL COSTS & FEES 342822 Middle East and North Africa Program Services TRAVEL COSTS & FEES 196645 Europe (Including Iceland and Greenland) Program Services TRAVEL COSTS & FEES 186046 Russia and the Newly Independent States Program Services TRAVEL COSTS & FEES 72999 North America Program Services TRAVEL COSTS & FEES 4293 1315639 1315639 false false false false false false PART I, LINE 3, COLUMN (E): Travel costs & Fees for International events and competitions true National Gymnastics Foundation 130 W Washington Indianapolis IN 46204 351757753 501(c)(3) 37073 scholarships support 1 Elite Athlete Support 47 795994 PART I, LINE 2: SCHOLARSHIP GRANTS MADE TO INDIVIDUALS ARE PAID DIRECTLY TO THE SCHOLASTIC INSTITUTION OF THE RECIPIENTS CHOICE OR ARE REIMBURSED TO THE INDIVIDUAL BASED ON DOCUMENTATION PROVIDED TO ENSURE THE FUNDS ARE USED FOR THEIR INTENDED PURPOSE. ATHLETE FUNDING GRANTS ARE STIPENDS BASED ON QUALIFYING EVENTS AND POTENTIAL FOR SUCCESS IN INTERNATIONAL COMPETITIONS. FUNDS CAN BE USED FOR ANY PROPOSE DEEMED APPROPRIATE BY THE INDIVIDUAL RECIPIENT AND THEREFORE NO MONITORING OF THE FUNDS IS NECESSARY. FOR NCAA ELIGIBLE ATHLETES, ATHLETES CAN ONLY RECEIVE EXPENSES RELATED TO THEIR TRAINING AS ALLOWED BY NCAA REGULATIONS, AND USA GYMNASTICS WORKS WITH THE ATHLETES AND NCAA INSTITUTIONS TO MONITOR THAT THE EXPENSES QUALIFY UNDER THOSE REGULATIONS. X X X X true false false false false false false false false KERRY PERRY THRU 9418 PRESIDENT/CEO 291086 0 0 0 425000 0 0 0 16774 0 732860 0 0 0 DAVONSHE GALIMORE THRU 1118 chief operating officer 225412 0 0 0 38500 0 15835 0 8694 0 288441 0 0 0 RHONDA FAEHN THRU 518 Senior VP - Women's Program 117989 0 0 0 75000 0 0 0 9495 0 202484 0 0 0 MARK BUSBY Legal Counsel - Safe Sports 160000 0 0 0 0 0 9611 0 22600 0 192211 0 0 0 STEVE PENNY PRESIDENT/CEO 0 0 0 0 506667 0 0 0 0 0 506667 0 0 0 PART I, LINE 4A: DURING 2018 KERRY PERRY, PRESIDENT/CEO THRU 9/4/2018, RECEIVED PAYMENTS PURSUANT TO AN EMPLOYMENT CONTRACT TOTALING $425,000 WHICH IS REPORTED ON PART II, COLUMN B(III). DURING 2018 DAVONSHE GALIMORE, CHIEF OPERATING OFFICER THRU 11/2018, RECEIVED PAYMENTS TOTALING $38,500 UNDER A SEVERANCE AND RELEASE AGREEMENT AND RHONDA FAEHN, SENIOR VP - WOMEN'S PROGRAM THRU 5/18, RECEIVED PAYMENTS TOTALING $75,000 UNDER A SETTLEMENT AGREEMENT, WHICH IS REPORTED ON PART II, COLUMN B(III). DURING 2018 STEVE PENNY, FORMER PRESIDENT/CEO, RECEIVED PAYMENTS UNDER A SEVERANCE AND RELEASE AGREEMENT TOTALING $506,667, WHICH IS REPORTED ON PART II, COLUMN B(III). X AIRPLANE TICKETS 1 60000 FAIR MARKET VALUE X MEDALS & AWARDS 1 60000 FAIR MARKET VALUE X FREIGHT EQUIPMENT 1 90000 FAIR MARKET VALUE X APPAREL 1 40000 FAIR MARKET VALUE false false false PART I, COLUMN B: THE NUMERICAL DATA REPORTED HERE REPRESENTS NUMBER OF CONTRIBUTIONS. FORM 990, PART III, LINE 4D: 1) HOSTED COMPETITIONS AS THE NATIONAL GOVERNING BODY OF THE SPORT OF GYMNASTICS, USA GYMNASTICS CONDUCTS REGIONAL, NATIONAL AND INTERNATIONAL COMPETITIONS, INCLUDING THE NATIONAL CHAMPIONSHIPS AND OLYMPIC TRIALS. USA GYMNASTICS INCURS ALL EXPENSES RELATED TO THE EVENTS, INCLUDING BUT NOT LIMITED TO, TRAVEL, ARENA RENTAL, PROMOTION, STAFFING, AWARDS AND TELEVISION PRODUCTION. EXPENSES: $4,140,942. REVENUE: $2,427,040. 2) COMMUNICATIONS USA GYMNASTICS PROMOTES THE SPORT AND HELPS DELIVER THE POSITIVE MESSAGE OF BEING INVOLVED IN THE SPORT OF GYMNASTICS VIA OF VARIETY OF PLATFORMS. MEDIA RELEASES ABOUT UPCOMING EVENTS, ATHLETES COMPETITIVE SUCCESS OVERSEAS, AND OTHER GYMNASTICS RELATED STORIES ARE GENERATED ON A DAILY BASIS. USA GYMNASTICS MAINTAINS A WEBSITE, HAS A FACEBOOK PAGE, AND ISSUES SEVERAL PUBLICATIONS TO QUICKLY DELIVER UPDATED INFORMATION TO ITS MEMBERS AND FANS OF THE SPORT ALIKE. EXPENSES: $1,244,362. FORM 990, PART VI, SECTION A, LINE 4: THE BY-LAWS OF THE ORGANIZATION WERE REVISED TO ACCOMODATE NEW BOARD AND COMMITTEE STRUCTURE. FORM 990, PART VI, SECTION A, LINE 6: USA GYMNASTICS HAS THREE CLASSES OF MEMBERS THAT HAVE THE RIGHT TO ELECT POSITIONS TO THE THE BOARD OF DIRECTORS. ACCORDING TO THE BYLAWS, MEMBERS SHALL HAVE NO OWNERSHIP RIGHTS OR BENEFICIAL INTERESTS OF ANY KIND IN THE PROPERTY OF THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7A: USA GYMNASTICS BOARD OF DIRECTORS SHALL CONSIST OF 15 MEMBERS, SELECTED AS FOLLOWS: 1) THREE NATIONAL MEMBERSHIP DIRECTORS ARE ELECTED BY A NATIONAL PROGRAM COMMITTEE IN PROPORTION TO THE NUMBER OF PROFESSIONAL MEMBERS IN THE VARIOUS GYMNASTICS DISCIPLINES. THE CURRENT NATIONAL MEMBERSHIP DIRECTORS REPRESENT WOMENS ARTISTIC GYMNASTICS, MENS ARTISTIC GYMNASTICS, AND ONE FOR THE REMAINING DISCIPLINES OF RHYTHMIC, TRAMPOLINE AND TUMBLING, AND ACROBATIC. 2) THREE ATHLETE DIRECTORS ARE ELECTED IN PROPORTION TO THE NUMBER OF ATHLETE MEMBERS IN THE VARIOUS GYMNASTICS DISCIPLINES. ATHLETE REPRESENTATIVES ARE FIRST ELECTED TO THE ATHLETES COUNCIL AND MUST MEET THE FEDERAL STATUTORY AND USOPC QUALIFICATIONS FOR ATHLETE REPRESENTATIVES. 3) EIGHT INDEPENDENT DIRECTORS ARE ELECTED BY THE BOARD, TO INCLUDE THE BOARD CHAIR. 4) ONE DIRECTOR IS ELECTED BY THE ADVISORY COUNCIL TO THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 8B: NO COMMITTEES HAVE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B: FORM 990 WAS PREPARED BY A NATIONAL ACCOUNTING FIRM IN CONJUNCTION WITH THE ORGANIZATION'S FINANCIAL DEPARTMENT. THE FORM 990 WAS REVIEWED IN DETAIL BY MANAGEMENT. AFTER REVIEW A FINAL DRAFT WAS PRESENTED TO THE FULL BOARD OF DIRECTORS PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C: A CONFLICT OF INTEREST QUESTIONNAIRE IS COMPLETED BY EVERY DIRECTOR, OFFICER, MEMBER OF ANY COMMITTEE AND EMPLOYEE. THE STAFF QUESTIONNAIRES ARE THEN REVIEWED BY THE PRESIDENT, THE ETHICS COMMITTEE IS CHARGED WITH REVIEWING THE PRESIDENTS, THE BOARD OF DIRECTORS, AND SENIOR MANAGEMENTS CONFLICT OF INTEREST QUESTIONNAIRE. POTENTIAL CONFLICTS OF INTEREST ARE BROUGHT TO THE ATTENTION OF THE CHAIR OF THE BOARD, WHO THEN DIRECTS THE MATTER TO THE FULL BOARD OF DIRECTORS. THIS PROCESS IS DONE ANNUALLY. NO DIRECTOR, OFFICER, MEMBER OF ANY COMMITTEE OR EMPLOYEE SHALL PARTICIPATE IN NEGOTIATION, EVALUATION OR APPROVAL BY THE ORGANIZATION OF ANY CONTRACTUAL ARRANGEMENT IN WHICH THERE IS AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST. EACH DIRECTOR, OFFICER, MEMBER OF ANY COMMITTEE OR EMPLOYEE UPON LEARNING THAT THE ORGANIZATION IS PROPOSING TO ENTER INTO AN ARRANGEMENT IN WHICH HE OR SHE HAS A FINANCIAL INTEREST IN SUCH ARRANGEMENT, PROMPTLY NOTIFIES THE PRESIDENT IN WRITING OF THE EXISTENCE OF SUCH INTEREST, AND THE PRESIDENT IN TURN DISCLOSES SUCH INTEREST TO THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 15A: THE FINANCE, AUDIT AND COMPENSATION COMMITTEE ALONG WITH THE FULL BOARD OF DIRECTORS ANALYZES, REVIEWS AND ULTIMATELY DETERMINES COMPENSATION FOR THE PRESIDENT AND CEO OF THE ORGANIZATION. THE PRESIDENT AND CEO FROM JANUARY THROUGH SEPTEMBER 3, 2018 WAS KERRY PERRY, AND HER COMPENSATION WAS DETERMINED BY THE FINANCE, AUDIT AND COMPENSATION COMMITTEE AND BOARD OF DIRECTORS SITTING DURING 2017. DURING 2018, THE ORGANIZATION ADOPTED NEW BY-LAWS AND A NEW BOARD WAS SEATED CONSISTENT WITH THOSE BY-LAWS. DURING 2018 THE NEW BOARD OF DIRECTORS RETAINED THE SERVICES OF SPENCER STUART TO CONDUCT A NATIONAL SEARCH FOR A NEW PRESIDENT AND CEO, AND TO RECOMMEND APPROPRIATE COMPENSATION, WHO WAS NOT HIRED UNTIL AFTER 2018. FORM 990, PART VI, SECTION B, LINE 15B: THE PRESIDENT AND CEO IS RESPONSIBLE FOR ANALYZING, REVIEWING AND DETERMINING THE COMPENSATION FOR EXECUTIVES AND KEY EMPLOYEES OF THE ORGANIZATION. FORM 990, PART VI, SECTION C, LINE 19: THE ORGANIZATION'S GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC ON OUR WEBSITE. THE CONFLICT OF INTEREST POLICY HOWEVER IS CURRENTLY NOT AVAILABLE TO THE PUBLIC. FORM 990, PART VII, SECTION A: NONE OF THE BOARD MEMBERS ARE PAID FOR THEIR SERVICES AS A BOARD MEMBER. HOWEVER, SOME BOARD MEMBERS RECEIVE COMPENSATION AS A COACH, JUDGE OR OTHER SERVICES AS PART OF THE ORGANIZATION'S OPERATIONS AND THAT REPORTABLE COMPENSATION IS REFLECTED IN PART VII. NATIONAL GYMNASTICS FOUNDATION INC 130 E WASHINGTON STREET STE 700 INDIANAPOLIS IN 46204 351757753 FUNDRAISING IN 501(C)(3) 12A USA GYMNASTI true false true true false false false false false false false false true false true true false true false false NATIONAL GYMNASTICS FOUNDATION INC B 37073 FMV NATIONAL GYMNASTICS FOUNDATION INC C 1283440 FMV