2015-11-16T15:20:04-06:00 2014-12-31 201766527 WAUGH & GOODWIN LLP 1365 GARDEN OF THE GODS SUITE 150 COLORADO SPRINGS CO 80907 990 2014-01-01 841284437 USA CYCLING INC USAC 7194344255 210 USA CYCLING POINT STE 100 COLORADO SPRINGS CO 80919 DEREK BOUCHARD-HALL PRESIDENT & CEO 7194344255 2015-11-16 1 JILL J GOODWIN CPA P00450838 7195909777 2014 2016-04-25 22:37:26Z DEREK BOUCHARD-HALL 210 USA CYCLING POINT STE 100 COLORADO SPRINGS CO 80919 14174831 0 X WWW.USACYCLING.ORG X 1994 CO USA CYCLING IS THE NATIONAL GOVERNING BODY FOR CYCLING, MAKING IT RESPONSIBLE FOR THE CONDUCT AND ADMINISTRATION OF CYCLING IN THE USA. THE MISSION OF USA CYCLING IS FOR U.S. RIDERS TO ACHIEVE SUSTAINED SUCCESS IN INTERNATIONAL CYCLING COMPETITION AND TO GROW COMPETITIVE CYCLING IN AMERICA WHILE DELIVERING AN EXCEPTIONAL CUSTOMER EXPERIENCE. 23 19 64 120 35029 -50416 3706643 3347597 10165457 10109323 1185775 321845 114530 88571 15172405 13867336 21500 1029857 0 0 5100356 4846854 0 0 538688 9492095 8721684 14613951 14598395 558454 -731059 18043349 18371588 2658151 3543253 15385198 14828335 X USA CYCLING IS THE NATIONAL GOVERNING BODY FOR CYCLING, MAKING IT RESPONSIBLE FOR THE CONDUCT AND ADMINISTRATION OF CYCLING IN THE USA. THE MISSION OF USA CYCLING IS FOR U.S. RIDERS TO ACHIEVE SUSTAINED SUCCESS IN INTERNATIONAL CYCLING COMPETITION AND TO GROW COMPETITIVE CYCLING IN AMERICA WHILE DELIVERING AN EXCEPTIONAL CUSTOMER EXPERIENCE. 0 0 5491323 1017825 425005 COACHES, MECHANICS, TRAINING CENTER & ATHLETE DEVELOPMENT - NATIONAL ATHLETE DEVELOPMENT PROGRAMS SUPPORTING APPROXIMATELY 4,000 ATHLETE PARTICIPANT DAYS, APPROXIMATELY 1,900 TRAINED AND CERTIFIED COACHES AND RACE MECHANICS. 4938361 12032 8563170 MEMBERSHIP AND EVENT SANCTIONING - APPROXIMATELY 63,000 MEMBERS ARE PROVIDED INSURANCE, RESULTS AND RANKINGS AND RACING OPPORTUNITIES WHILE PARTICIPATING IN APPROXIMATELY 2,850 EVENTS. MEMBERS ARE ALSO PROVIDED WITH INFORMATION ABOUT CYCLING. 2356128 1121148 NATIONAL AND INTERNATIONAL EVENTS - APPROXIMATELY 7,600 ATHLETES PARTICIPATED IN 17 NATIONAL CHAMPIONSHIPS AND APPROXIMATELY 3,300 ATHLETES PARTICIPATED IN INTERNATIONAL EVENTS. 12785812 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 1 0 1 0 1 1 0 0 0 0 0 0 1 1 1 0 0 0 0 0 1 0 1 1 0 0 0 0 1 1 1 0 0 1 227 0 1 64 1 1 1 1 NL 0 0 0 0 0 0 0 0 X 23 19 1 0 0 0 1 1 0 1 0 0 0 1 1 1 1 1 1 1 1 0 CO X X THE CORPORATION 7194344200 210 USA CYCLING POINT SUITE 100 COLORADO SPRINGS CO 80919 X ADAM DUVENDECK DIRECTOR 2.00 X 0 0 0 ALEX NIEROTH DIRECTOR & VICE-CHAIRMAN OF THE BOARD 10.00 X 0 0 0 BILL PETERSON DIRECTOR & CHAIRMAN OF THE BOARD 2.00 X 0 0 0 BOB STAPLETON DIRECTOR & CHAIRMAN OF THE BOARD 10.00 X 0 0 0 BROOK WATTS DIRECTOR 2.00 X 0 0 0 CLAYTON JOHN DIRECTOR 2.00 X 0 0 0 DAVID HELFRICH DIRECTOR 2.00 X 0 0 0 DORTHY NICHOLS DIRECTOR 2.00 X 0 0 0 GINA KAVESH DIRECTOR 2.00 X 0 0 0 JAME CARNEY DIRECTOR 2.00 X 0 0 0 JOHN BUCKSBAUM DIRECTOR 2.00 X 0 0 0 JONATHAN HEILGER DIRECTOR 2.00 X 0 0 0 KIRSTIN BACHOCHIN KLEIN DIRECTOR 2.00 X 0 0 0 LEA DAVISON DIRECTOR 2.00 X 3305 0 0 MARK ABRAMSON DIRECTOR & VICE-CHAIRMAN O 2.00 X 0 0 0 MATT BARGER DIRECTOR 2.00 X 0 0 0 MICHAEL PATTERSON DIRECTOR 2.00 X 0 0 0 MIKE DAY DIRECTOR 2.00 X 0 0 0 NANCY LEON DIRECTOR 2.00 X 0 0 0 SEAN PETTY DIRECTOR 2.00 X 49770 0 13025 STEVE JOHNSON PRESIDENT & CEO 40.00 X X 324723 0 44519 TIM DUGGAN DIRECTOR 2.00 X 0 0 0 TOM MAINS DIRECTOR 2.00 X 0 0 0 NANCY COWAN EXECUTIVE ASSISTANT & SECR 40.00 X 47813 0 21812 TODD SOWL CFO/COO & TREASURER 40.00 X 228575 0 47975 ROB BORLAND CMO 40.00 X 232840 0 41677 GORDON WELDON VP OF MEMBERSHIP SERVICES 40.00 X 105387 0 36266 JIM MILLER VP OF ATHLETICS 40.00 X 129296 0 37970 MICAH RICE VP OF EVENTS 40.00 X 112522 0 40783 1234231 0 284027 6 0 1 0 WASSERMAN MEDIA 10960 WILSHIRE BLVD SUITE 2200 LOS ANGELES CA 90024 SPONSORSHIP AGENCY 197872 MEDALIST SPORTS PO BOX 415 TYRONE GA 30290 EVENT ORGANIZATION 149490 UNITED STATES ANTI DOPING 5555 TECH CENTER DRIVE SUITE 200 COLORADO SPRINGS CO 80919 DRUG CONTROL TESTING 136500 BREAKAWAY PROMOTIONS LLC PO BOX 210 THE DALLES OR 97058 EVENT ORGANIZATION 107440 4 9049 2553916 784632 177524 3347597 MEMBERSHIP DUES 713990 5656747 5656747 SANCTIONING & ENTRY FEES 711210 3349450 3349450 CAMPS, CLINICS & OTHER 711300 1103126 1103126 10109323 242008 242008 53542 53542 387332 307495 79837 79837 79837 MAILING LABELS 541860 20029 20029 ADVERTISING 541800 15000 15000 35029 13867336 10109323 35029 375387 X 1002532 1002532 27325 27325 1518259 934155 435632 148472 2194238 1921391 236825 36022 202104 175994 24576 1534 678575 621281 51541 5753 253678 193269 47097 13312 60073 11802 47790 481 12240 12240 25975 25975 2177295 1876507 44497 256291 34332 33933 399 43628 24951 17597 1080 22429 15264 5636 1529 37286 30947 5593 746 2568413 2351662 170160 46591 381348 328861 46403 6084 1463609 1436575 26978 56 LOCAL REBATES 433879 433879 MEDALS, AWARDS, & APPAR 408349 401297 6283 769 GEAR, EQUIPMENT, & SUPP 347658 344402 2856 400 POSTAGE, PRINTING AND P 202520 184470 6146 11904 502650 435315 60070 7265 14598395 12785812 1273895 538688 41169 34346 3157841 2921273 131152 77954 154122 181255 134808 241170 9020276 2082498 7240766 6937778 796152 860738 5948344 6326925 438995 790149 18043349 18371588 1374017 2198013 1284134 1345240 2658151 3543253 X 12606912 11936124 2761306 2875231 16980 16980 15385198 14828335 18043349 18371588 -731059 174196 0 X X 0 1 X 1 0 X 7072033 7353966 9384081 8767524 9004344 41581948 3651756 3957805 4286198 4757787 4452576 21106122 10723789 11311771 13670279 13525311 13456920 62688070 0 0 0 62688070 398372 283751 370588 1266417 375387 2694515 398372 283751 370588 1266417 375387 2694515 11122161 11595522 14040867 14791728 13832307 65382585 0.95880 0.95750 0.04120 0.04250 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 16980 42 42 16980 16980 42 42 16980 16980 51 51 16980 16980 76 76 16980 16980 170 170 16980 1.00000 0 0 649145 649145 7009962 1121501 5888461 5000 2500 2500 1055963 688799 367164 300206 269698 30508 6937778 BOND MUTUAL FUNDS 2762068 F INVESTMENT DESIGNATED MONEY MARKET FUNDS 98290 F EQUITY MUTUAL FUNDS & ETFS 3466567 F 6326925 X 14126916 174196 100000 274196 13852720 14616 14616 13867336 14659652 100000 100000 14559652 38743 38743 14598395 PART X, LINE 2: THE CORPORATION QUALIFIES AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND, ACCORDINGLY, IS NOT SUBJECT TO FEDERAL INCOME TAX. ACCORDINGLY, NO INCOME TAX PROVISION HAS BEEN RECORDED. THE CORPORATION'S FORM 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX IS SUBJECT TO EXAMINATION BY VARIOUS TAXING AUTHORITIES, GENERALLY FOR THREE YEARS AFTER THE DATE FILED. MANAGEMENT OF THE CORPORATION BELIEVES THAT IT DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. PART XI, LINE 4B - OTHER ADJUSTMENTS: USA CYCLING BV INTEREST INCOME PART XII, LINE 4B - OTHER ADJUSTMENTS: USA CYCLING BV EXPENSES SCHDULE D, PAGE 4, PART XI AND XXII, LINE 2D THE AUDITED FINANCIAL STATEMENTS ARE PREPARED ON A CONSOLIDATED BASIS, AND THEREFORE THE FINANCIALS OF USA CYCLING, INC. AND USA CYCLING BV ARE REPORTED ON A CONSOLIDATED BASIS. THIS RECONCILIATION ELIMINATES THE ACTIVITY OF USA CYCLING BV FROM THE CONSOLIDATED AMOUNTS, REPORTING THE USA CYCLING, INC. REVENUE AND EXPENSE ON FORM 990. CENTRAL AMERICA/CARRIBEAN 0 0 PROGRAM SERVICESPROGRAM SERVICES PROVIDING SUPPORT FOR ATHLETES TO RACE AND TRAIN IN THE REGION. 10110 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES PROVIDING SUPPORT FOR ATHLETES TO RACE AND TRAIN IN THE REGION. 45887 EUROPE 1 1 PROGRAM SERVICES PROVIDING SUPPORT FOR ATHLETES TO RACE AND TRAIN IN THE REGION. 1277156 NORTH AMERICA 0 0 PROGRAM SERVICES PROVIDING SUPPORT FOR ATHLETES TO RACE AND TRAIN IN THE REGION. 16042 SOUTH AMERICA 0 0 PROGRAM SERVICES PROVIDING SUPPORT FOR ATHLETES TO RACE AND TRAIN IN THE REGION. 104336 RUSSIA AND THE NEWLY INDEPENDENT STATES PROGRAM SERVICES PROVIDING SUPPORT FOR ATHLETES TO RACE AND TRAIN IN THE REGION. 1 1 0 0 1 1 1453531 0 1453531 0 0 1 0 0 0 PART I, LINE 2: USA CYCLING HAS REQUESTED AND RECEIVED PROGRESS REPORTS INCLUDING PHOTOS RELATED TO THE GRANT PROJECT. 1 UNITED STATES OLYMPIC COMMITTEE 1 OLYMPIC PLAZA COLORADO SPRINGS CO 80909 131548339 501(C)3 1000000 CASH VELODROME COVER PROJECT 1 0 TRAVEL TRAINING GRANTS 39 17825 CASH STENNER SCHOLARSHIPS 5 9500 CASH PART I, LINE 2: BURKE FUND TRAVEL/TRAINING GRANTS: RECIPIENTS MUST SUBMIT AN APPLICATION IN ORDER TO DETERMINE THAT THE APPLICANT MEETS THE GRANT STANDARDS. EACH APPLICATION IS CROSS-CHECKED WITH THE DISCIPLINE MANAGER TO CONFIRM THAT THE APPLICANT IS IN GOOD STANDING WITH THE PROGRAM AND THERE IS NO REASON TO QUESTION OR DENY THE GRANT. GRANT FUNDS ARE NOT RELEASED UNTIL ATHLETES HAVE ACTUALLY ATTENDED THE CAMPS, UNLESS THE GRANT IS COVERING AN ACTUAL PORTION OF THE COST OF THE CAMP AND THEN THE GRANT IS TRANSFERRED INTERNALLY. X 1 1 X X X X X 0 0 0 0 0 0 0 1 0 STEVE JOHNSON PRESIDENT & CEO 279723 0 45000 0 0 0 26000 0 18519 0 369242 0 0 0 TODD SOWL CFO/COO & TREASURER 208575 0 20000 0 0 0 22266 0 25709 0 276550 0 0 0 ROB BORLAND CMO 214840 0 18000 0 0 0 17460 0 24217 0 274517 0 0 0 JIM MILLER VP OF ATHLETICS 121296 0 8000 0 0 0 12205 0 25765 0 167266 0 0 0 MICAH RICE VP OF EVENTS 106022 0 6500 0 0 0 10943 0 29840 0 153305 0 0 0 PART I, LINE 7 PERFORMANCE BASED BONUSES. LEA DAVIDSON BOARD MEMBER 3305 ATHLETE PRIZE MONEY 0 FIRENZE 15K SPORTS LLC BOARD MEMBER IS MORE THAN A 10% OWNER 3750 CONSULTING SERVICES 0 WATTS MARKETING BOARD MEMBER IS MORE THAN A 10% OWNER 350 PURCHASED VIP PASSES 0 X AIRLINE CERTIFICATES 2 139024 FMV X FOOD 2 20000 FMV X ATHLETIC EQUIMENT 1 7500 FMV 0 1 0 PART I, COLUMN (B): THE NUMBERS REPORTED IN PART I, COLUMN B, RELATE TO THE ACTUAL NUMBER OF CONTRIBUTORS. FORM 990, PART VI, SECTION A, LINE 2 TWO MEMBERS OF THE BOARD OF DIRECTORS WORK FOR THE SAME COMPANY. FORM 990, PART VI, SECTION A, LINE 6 THE CORPORATION IS A MEMBERSHIP ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7A ELIGIBLE ATHLETES DIRECTLY ELECT ATHLETE POSITIONS ON USA CYCLING'S BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 8B CONTEMPORANEOUS MINUTES OF COMMITTEE MEETINGS WERE NOT DOCUMENTED. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 WILL BE REVIEWED BY THE CEO AND CFO AND THEN IT WILL BE SENT TO THE BOARD'S FINANCE / AUDIT COMMITTEE AND THE BOARD OF DIRECTORS FOR REVIEW AND GIVEN A DATE TO GIVE COMMENTS BY. ANY MODIFICATIONS WILL BE MADE AND THEN THE 990 IS SIGNED AND FILED. FORM 990, PART VI, SECTION B, LINE 12C ALL DIRECTORS, COMMITTEE MEMBERS, EMPLOYEES, AND OTHER AGENTS OF USA CYCLING ARE REQUIRED TO COMPLETE AND SIGN A CONFLICT OF INTEREST DISCLOSURE STATEMENT. ANNUALLY, EACH DIRECTOR, COMMITTEE MEMBER, EMPLOYEE, AND AGENT IS REQUIRED TO FILL OUT THIS STATEMENT AND RETURN IT TO THE CFO, EVEN IF THERE ARE NO CONFLICTS OF INTEREST. ANNUALLY, AND BEFORE THE FIRST ANNUAL BOARD MEETING, EACH INDIVIDUAL IS REQUIRED TO OPENLY AND FORTHRIGHTLY IDENTIFY ANY AREAS THAT REPRESENT CONFLICTS OF INTEREST. EACH INDIVIDUAL IS REQUIRED TO DISCLOSE ALL RELATIONSHIPS WITH OTHER NOT-FOR-PROFIT OR PROFIT ORGANIZATIONS IN WHICH USA CYCLING DOES, OR IS BELIEVED TO DO BUSINESS WITH. AS CONFLICTS OF INTEREST ARISE, EACH INDIVIDUAL MUST SUBMIT AN UPDATED DISCLOSURE FORM WITH 30 DAYS OF THE CONFLICT OF INTEREST ARISING. AT LEAST ANNUALLY, THE BOARD OF DIRECTORS OF USA CYCLING REVIEWS THE BOARD MEMBERS DISCLOSURES AT A MEETING OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 15 ANNUAL PERFORMANCE REVIEWS OF THE CEO ARE PREPARED BY THE BOARD'S COMPENSATION COMMITTEE AND THE COMMITTEE MAKES A RECOMMENDATION TO THE FULL BOARD ON THE CEO'S COMPENSATION BASED ON PERFORMANCE AND MARKET FACTORS. FOR KEY EMPLOYEES, ANNUAL PERFORMANCE REVIEWS ARE PREPARED BY THE CEO, AND COMPENSATION IS DETERMINED BASED ON PERFORMANCE AND MARKET FACTORS. FORM 990, PART VI, SECTION C, LINE 19 FORM 1023 IS AVAILABLE UPON REQUEST AT THE ORGANIZATION'S OFFICE. GOVERNING DOCUMENTS, TAX RETURNS, FINANCIAL STATEMENTS AND THE CONFLICT OF INTEREST POLICY ARE MADE AVAILABLE VIA THE ORGANIZATION'S WEBSITE. FORM 990, PAGE 7, PART VII, SECTION A: NO BOARD MEMBER IS COMPENSATED FOR THEIR SERVICE ON THE BOARD, EXCEPT THE CEO/PRESIDENT, WHO IS AN EMPLOYEE OF THE ORGANIZATION. SEAN PETTY WAS AN EMPLOYEE EARLIER IN THE YEAR, BUT WAS NOT AN EMPLOYEE WHEN ELECTED AS A BOARD MEMBER. COMPENSATION REPORTED FOR HIM RELATES TO COMPENSATION EARNED BEFORE BECOMING A BOARD MEMBER. THERE ARE ADDITIONAL MEMBERS LISTED ON THE SCHEDULE OF COMPENSATION OF OFFICERS, DIRECTORS, TRUSTEES, KEY EMPLOYEES, HIGHEST COMPENSATED EMPLOYEES, AND INDEPENDENT CONTRACTORS DUE TO TURNOVER IN POSITIONS ON THE BOARD DURING THE YEAR. FORM 990, PART IX, LINE 11G CONTRACT LABOR & FEES: PROGRAM SERVICE EXPENSES 1,868,755. MANAGEMENT AND GENERAL EXPENSES 41,997. FUNDRAISING EXPENSES 256,291. TOTAL EXPENSES 2,167,043. PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 7,752. MANAGEMENT AND GENERAL EXPENSES 2,500. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 10,252. FORM 990, PAGE 12, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. USA CYCLING DEVELOPMENT FOUNDATION 210 USA CYCLING POINT COLORADO SPRINGS CO 80919 841529751 PROVIDE FINANCIAL SUPPORT TO USA CYCLING, INC. CO 501(C)3 509(A)(2) 0 UNITED STATES OLYMPIC COMMITTEE 1 OLYMPIC PLAZA COLORADO SPRINGS CO 80909 131548339 PROGRAM FUNDING CO 501(C)3 170(B)(1)(A)(VI) 0 USA CYCLING BV MULTALTULILAAN 6 ROOSENDAAL NL 4707LZ SUPPORT FOR CYCLING EVENTS NL USA CYCLING INC C 24127 320225 1.00000 1 1 1 1 1 0 0 0 0 0 0 0 1 0 1 1 1 1 0 0 USA CYCLING DEVELOPMENT FOUNDATION C 1274116 CASH USA CYCLING DEVELOPMENT FOUNDATION L 10000 CASH USA CYCLING DEVELOPMENT FOUNDATION O 114332 CASH USA CYCLING DEVELOPMENT FOUNDATION Q 210673 CASH UNITED STATES OLYMPIC COMMITTEE C 1279800 CASH USA CYCLING BV A 14616 CASH USA CYCLING BV D 286802 CASH USA CYCLING BV P 384351 CASH UNITED STATES OLYMPIC COMMITTEE B 1000000 CASH USA CYCLING DEVELOPMENT FOUNDATION N 0