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Colorado · Nonprofit

USA Swimming Foundation Inc

USA Swimming Foundation Inc (Colorado) receives grants from 66 organizations whose IRS filings report $7,922,789 to it, the largest being THE JOSEPH B GOULD FOUNDATION ($2,250,000). 40 of them have funded it in more than one year.

Revenue FY2024
$6.4M
Funders on record
66
Grants received
$7.9M
Net assets
$24M
40/66 repeat funderspeak grant-dependency 52%
01What it does

What USA Swimming Foundation Inc does

Mission

Established in 2004, the usa swimming foundation works to strengthen the sport of swimming by saving lives, building champions, and impacting communities whether providing grant funding to members of our lesson provider network, supporting the dreams of national team members, or growing the sport in traditionally underserved populations, the foundation is proud to serve as the philanthropic arm of usa swimming. Swimming is the only sport that can save a life, and our work is critical towards making the sport an equitable space.

As stated on its FY2024 Form 990.

Programs

  1. Saving Lives - Learn-to-Swim Initiative: USA Swimming and the USA Swimming Foundation believe that the best defense against drowning is empowering children and adults with the life-saving skill of swimming and education on how to be safer around the water. Continued, see Schedule O.

    $1,373,828 spentof which $808,579 as grants$954,830 earned by the program
    43% of program spending
  2. Building Champions - The United States is one of few countries that do not provide government funding for its Olympic-level athletes. National Team swimmers maintain a rigorous and demanding training and travel schedule; therefore, most professional swimmers do not have time to maintain traditional employment. Continued, see Schedule O.

    $1,516,076 spentof which $1,202,500 as grants
    47% of program spending
  3. Impacting Communities: The USA Swimming Foundation focuses on investing in three impactful programs to increase access and opportunities for underrepresented communities: Community Impact Grants, Historically Black Colleges and Universities (HBCU) Grants and Community Swim Teams. Through the Community Impact Grant program, USA Swimming aims to grow a diverse community of champion athletes. Continued, see Schedule O.

    $318,500 spentof which $318,500 as grants$276,393 earned by the program
    10% of program spending

The 3 programs described on its FY2023 Form 990, listed largest first by expense. Program spending in total: $3,208,404.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($5.2M) Expenses 100 ($3.6M) Net assets 100 ($21M)2018 Revenue 78 ($4.1M) Expenses 106 ($3.8M) Net assets 94 ($20M)2019 Revenue 90 ($4.7M) Expenses 109 ($3.9M) Net assets 107 ($23M)2020 Revenue 73 ($3.8M) Expenses 158 ($5.6M) Net assets 100 ($21M)2021 Revenue 77 ($4.0M) Expenses 85 ($3.1M) Net assets 110 ($24M)2022 Revenue 66 ($3.5M) Expenses 105 ($3.8M) Net assets 92 ($20M)2023 Revenue 75 ($3.9M) Expenses 115 ($4.1M) Net assets 102 ($22M)2024 Revenue 122 ($6.4M) Expenses 129 ($4.6M) Net assets 111 ($24M)
'17'18'19'20'21'22'23'24
Revenue (122)Expenses (129)Net assets (111)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $24M to $20M (−16%).

$22M
$20M
$23M
$23M
$24M
$20M
$23M
$24M
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

36% of USA Swimming Foundation Inc’s revenue is contributions — more donation-reliant than the typical peer (13% for the typical peer).

This organization
Typical peer · 2,898 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 8 reported years ran a deficit.

$1.6M
’17
$290k
’18
$779k
’19
−$1.8M
’20
$939k
’21
−$310k
’22
−$187k
’23
$1.8M
’24
5.7
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

David Shackley

Board chair

As listed on its FY2024 Form 990.

'17'18'19'20'21'22'23'24
Listed1512131418202423
Joined·+1+4+6+7+4+8+1
No longer listed·4353242
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 14 funders to 18 funders, grant income rose $378k → $596k.

22 of 66 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 49% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

Left out of every figure on this page: $854k from one payer (the payer shares this organization's board, largest USA Swimming Inc). These are real filings, and they are not money USA Swimming Foundation Inc raised.

From the IRS filings of USA Swimming Foundation Inc’s funders (the co-funder graph). Top 30 of 66 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

USA Swimming Foundation Inc has a broad base — no single funder exceeds 28% of grant income, and it takes 3 funders to reach half.

the vertical line marks half of all grant income — 3 funders to its left

55% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund USA Swimming Foundation Inc.

28%
largest funder
52%
top three
~8
effective funders

Largest funder’s share by year: 2017 41% · 2018 49% · 2019 81% · 2020 33% · 2021 23% · 2022 53% · 2023 25% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

26% of USA Swimming Foundation Inc's funders are still giving 3 years after their first grant; 61% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

USA Swimming Foundation Inc draws 85% of its grant income from funders outside Colorado, across 24 states in all.

WA
MN
IL
WI
MI
NY
MA
NV
IN
OH
PA
NJ
CT
CA
CO
MO
VA
DE
AZ
NC
DC
MS
TX
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Colorado out of state home

Funder states come from each funder’s own filing. $3.9M arriving through sponsors registered in 16 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

USA Swimming Foundation Inc runs a healthier operating margin than three-quarters of the 2,732 recreation & sports nonprofits its size.

Operating margin28% · top quartile
Months of reserve5.7mo · above the median
Revenue growth (annualized)3% · bottom quartile

this organization peer median middle 50% of peers· 2,732 recreation & sports nonprofits $1M–$10M, FY2024

Organizations like USA Swimming Foundation Inc

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Colorado

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

70% of spending goes to programs.

Program 70%Management 14%Fundraising 16%

Governance

19
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Files a return copy in 37 states

ME
NH
WA
ND
MN
IL
WI
MI
NY
MA
OR
NV
OH
PA
NJ
CT
RI
CA
UT
CO
MO
KY
WV
MD
NM
KS
AR
TN
NC
SC
DC
HI
OK
MS
AL
GA
FL

Part of a family of 1 related entity

  • USA Swimming Inc · exempt

Screen this organization

A dated, signed PDF of the compliance screen for USA Swimming Foundation Inc: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds USA Swimming Foundation Inc?
USA Swimming Foundation Inc (Colorado) receives grants from 66 organizations whose IRS filings report $7,922,789 to it, the largest being THE JOSEPH B GOULD FOUNDATION ($2,250,000). 40 of them have funded it in more than one year.
How many funders does USA Swimming Foundation Inc have?
IRS filings report 66 organizations giving $7,922,789 in grants to USA Swimming Foundation Inc, 40 of which have funded it in more than one year.
Who is the largest funder of USA Swimming Foundation Inc?
THE JOSEPH B GOULD FOUNDATION is the largest funder on record, with $2,250,000 in grants. The full list of funders is on this page.
How can an organization like USA Swimming Foundation Inc find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Colorado. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 66 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing