2011-11-14T12:36:01-06:00 2010-12-31 WAUGH & GOODWIN LLP 1365 GARDEN OF THE GODS SUITE 150 COLORADO SPRINGS CO 80907 990 2010-01-01 841529751 USA CYCLING DEVELOPMENT FOUNDATION USAC 7194344200 210 USA CYCLING POINT SUITE 100 COLORADO SPRINGS CO 80919 STEVE MCCAULEY 7194344200 2011-10-20 1 JILL J GOODWIN 7195909777 2010 2016-03-07 17:11:31Z STEVE MCCAULEY 210 USA CYCLING POINT SUITE 100 COLORADO SPRINGS CO 80919 1067638 0 X WWW.USACDF.ORG X 1994 CO TO PROVIDE FINANCIAL SUPPORT TO USA CYCLING, INC. 30 29 0 30 0 0 864730 1018653 0 0 19010 12714 17637 9964 901377 1041331 766951 795055 0 0 0 0 0 0 149068 220826 220469 987777 1015524 -86400 25807 3445451 3400404 174382 103528 3271069 3296876 TO PROVIDE FINANCIAL SUPPORT TO USA CYCLING, INC. 0 0 813258 795055 PROVIDED GRANTS & OTHER REIMBURSEMENTS TO USA CYCLING, INC. AND ATHLETES FOR COMPETITION EXPENSES AND MANAGEMENT SERVICES. 813258 1 1 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 1 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 0 0 0 0 1 8 0 1 0 0 0 0 0 0 1 1 0 0 0 0 X 30 29 1 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 AZ CA CO CT GA IL MN NY PA WA WI X X USA CYCLING DEVELOPMENT FOUNDATION 7194344200 210 USA CYCLING POINT SUITE 100 COLORADO SPRINGS CO 80919 THOMAS WEISEL 2.00 X X 0 0 0 MICK HELLMAN 2.00 X X 0 0 0 DAVID WILLIAMS 2.00 X 0 0 0 JEFF GARVEY 2.00 X 0 0 0 MARK BISSELL 2.00 X 0 0 0 RICH SILVERSTEIN 2.00 X 0 0 0 HERB THOMAS 2.00 X 0 0 0 ED MCCALL 2.00 X 0 0 0 TERRY LEE 2.00 X 0 0 0 ROBERT L EMERY 2.00 X 0 0 0 MICHAEL PATTERSON 2.00 X 0 0 0 THOMAS KEMPNER JR 2.00 X 0 0 0 JOHN BUCKSBAUM 2.00 X 0 0 0 TENCH COXE 2.00 X 0 0 0 MATT BARGER 2.00 X X 0 0 0 MICHAEL BROOKS 2.00 X 0 0 0 PETER GRAUER 2.00 X 0 0 0 STEVE JOHNSON 4.00 X 0 242050 41239 DOUG ELLIS 2.00 X 0 0 0 RUSSELL HIRSCH 2.00 X 0 0 0 JEFF JACOBS 2.00 X 0 0 0 PRISCILLA WOODS 2.00 X 0 0 0 RAFAEL ORTIZ 2.00 X 0 0 0 BOYD FELLOWS 2.00 X 0 0 0 JIM OCHOWICZ 2.00 X 0 0 0 BOB STAPLETON 2.00 X 0 0 0 BEN WINSLOW 2.00 X 0 0 0 DAVID HELFRICH 2.00 X 0 0 0 JAN SILVERBERG 2.00 X 0 0 0 JULIA VIOLICH 2.00 X 0 0 0 0 242050 41239 0 0 1 0 USA CYCLING INC 210 USA CYCLING POINT COLORADO SPRINGS CO 80919 MANAGMENT SERVICES 113168 1 28194 990459 133152 1018653 12714 12714 5831 28194 5831 0 30440 20476 9964 9964 1041331 9964 0 12714 791755 791755 3300 3300 111105 15475 33729 61901 2243 2243 4300 4300 10079 4890 5189 1898 317 784 797 67444 1453 1698 64293 3708 3708 GIFTS AND AWARDS 7844 507 7337 POSTAGE 5940 142 724 5074 PRINTING 4553 2804 1749 NEWSLETTER 816 816 BANK AND CREDIT CARD FE 485 485 54 54 1015524 813258 53198 149068 X 3276714 3151404 10839 79720 3750 11865 3267 9236 9236 0 0 154148 154148 3445451 3400404 35568 42537 138814 60991 174382 103528 X 3114028 3117704 157041 179172 3271069 3296876 3445451 3400404 25807 X X 0 1 1 X 0 X X 0 0 0 USA CYCLING INC 841284437 9 1 1 1 772755 1 772755 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 9236 9236 0 0 DUE TO USA CYCLING, INC. 60991 60991 1041331 1015524 25807 0 25807 1041331 0 1041331 0 1041331 1015524 0 1015524 0 1015524 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: NO PROVISION FOR INCOME TAXES HAS BEEN MADE IN THE ACCOMPANYING FINANCIAL STATEMENTS BECAUSE THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986. THE FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ISSUED FASB ASC 740, "INCOME TAXES", WHICH CLARIFIES THE ACCOUNTING AND RECOGNITION FOR INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN THE FOUNDATION'S INCOME TAX RETURNS. THE FOUNDATION ADOPTED THE STANDARD EFFECTIVE JANUARY 1, 2009. THE FOUNDATION'S INCOME TAX FILINGS ARE SUBJECT TO AUDIT BY VARIOUS TAXING AUTHORITIES. THE FOUNDATION'S OPEN AUDIT PERIODS ARE 2007 - 2010. THE FOUNDATION BELIEVES THAT ITS OPERATIONS HAVE BEEN CONDUCTED IN ACCORDANCE WITH ITS TAX-EXEMPT STATUS. EUROPE 0 0 FUNDRAISING CHAMPIONS CLUB ACTIVITIES 39857 0 0 0 39857 0 39857 0 0 0 0 0 0 FUNDRAISING RIDES (3) 34025 28194 5831 38 5793 34025 28194 5831 38 5793 5831 0 1 USA CYCLING INC 210 USA CYCLING POINT STE 100 COLORADO SPRINGS CO 80919 841284437 501(C)(3) 772755 SUPPORT OF CYCLING PROGRAMS TAM CYCLING INC PO BOX 875 KENTFIELD CA 94914 262810796 501(C)(3) 10000 CENTERS OF EXCELLENCE AWARD 2 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: WITH RESPECT TO THE CENTERS OF EXCELLENCE GRANTS ALL APPLICANTS ARE SCREENED BY MEMBERS OF THE ATHLETICS DEPARTMENT STAFF, AWARDS ARE SPECIFICALLY BASED ON RESULTS, GRANT RECIPIENTS ARE REQUIRED TO PROVIDE PROOF OF 501(C)3 STATUS AND ADDITIONAL INFORMATION IS STIPULATED. CENTERS OF EXCELLENCE GRANT RECIPIENTS ARE ALLOWED TO SPEND GRANT MONIES ON ANY OF THEIR OPERATING COSTS, INCLUDING TRAVEL, COACHING SALARY, ETC. WITH RESPECT TO ANY KUCK SCHOLARSHIP EACH APPLICANT IS REQUIRED TO SUBMIT PROOF OF ENROLLMENT, TRANSCIPTS AND PROOF OF OTHER REQUIREMENTS, AND EACH APPLICATION IS SCREENED BY AN INTERNAL GROUP CONSISTING OF NO LESS THAN FOUR STAFF MEMBERS AND 1-2 ADDITIONAL OUTSIDE GUESTS. KUCK SCHOLARSHIP APPLICANTS ARE ALLOWED TO SPEND THEIR SCHOLARSHIP MONEY AS THEY SEE FIT FOR THE COST OF SCHOOL, TUITION, HOUSING, ETC. THE GRANTS GIVEN TO USA CYCLING FROM THE USA DEVELOPMENT FOUNDATION ARE DETERMINED BY THE EXECUTIVE COMMITTEE OR THE BOARD OF DIRECTORS. THE FOUNDATION ELECTS THREE PEOPLE TO SIT ON USA CYCLING'S BOARD OF DIRECTORS AND AS PART OF THE BOARD THEY RECEIVE REPORTS FROM MANAGEMENT ON ITS ATHLETIC DEVELOPMENT EFFORTS AND ON THE FINANCES OF USA CYCLING. 1 0 0 0 0 0 0 0 0 0 STEVE JOHNSON 0 196800 0 45250 0 0 0 24465 0 16774 0 283289 0 0 THOMAS WEISEL THOMAS IS BOARD PRESIDENT AND ALSO A PARTNER/CEO OF THOMAS WEISEL PARTNERS 147 THOMAS WEISEL PARTNERS (TWP) IS AN INVESTMENT BANK AND BROKERAGE. DONATED STOCKS ARE SOLD BY TWP AND TWP CHARGES A COMMISSION ON THESE TRADES. 0 X 4 133152 FAIR MARKET VALUE 0 0 1 METHOD FOR DETERMINING NUMBER OF CONTRIBUTORS: PART I, COLUMN (B): THE FOUNDATION IS REPORTING THE ACTUAL NUMBER OF CONTRIBUTORS ON THIS SCHEDULE. THIRD PARTY USE: PART I, LINE 32B: THE FOUNDATION HIRES USA CYCLING, INC. TO MANAGE THE FOUNDATION WHICH INCLUDES SOLICITING DONATIONS. SOME DONATIONS ARE IN THE FORM OF STOCK. FORM 990, PART VI, SECTION A, LINE 2 AN OFFICER/DIRECTOR OF THE ORGANIZATION WAS A PARTNER ON AN INVESTMENT BANK DURING PART OF THE YEAR AND SOME OTHER DIRECTORS HAVE DEPOSITS WITH THAT INSTITUTION. FORM 990, PART VI, SECTION A, LINE 3 THE FOUNDATION HIRES USA CYCLING TO PROVIDE MANAGEMENT SERVICES. FORM 990, PART VI, SECTION B, LINE 11 FORM 990 IS SENT TO THE EXECUTIVE COMMITTEE AND THEY ARE GIVEN A DATE TO GIVE COMMENTS BY. ANY MODIFICATION WILL BE MADE AND THEN THE 990 WILL BE SIGNED AND FILED. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION MAKES THEIR GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. THE ANNUAL REPORT IS MAILED TO DONORS AND IS ALSO AVAILABLE UPON REQUEST. THE FOUNDATION'S 990 AND ANNUAL REPORTS ARE ALSO AVAILABLE ON THE FOUNDATION'S WEBSITE. REVIEW PROCESS FORM 990, PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. USA CYCLING INC 210 CYCLING POINT SUITE 100 COLORADO SPRINGS CO 80919 841284437 NATIONAL GOVERNING BODY FOR CYCLING CO 501(C)3 170(B)(1)(A)(VI) 0 0 1 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 0 USA CYCLING INC B 772755 AMOUNT PAID USA CYCLING INC O 45309 AMOUNT PAID USA CYCLING INC M 0 USA CYCLING INC N 103168 AMOUNT PAID USA CYCLING INC L 10000 AMOUNT PAID