Colorado · Nonprofit
USA TAEKWONDO INC
USA TAEKWONDO INC (Colorado) receives grants from 3 organizations whose IRS filings report $1,532,446 to it, the largest being UNITED STATES OLYMPIC AND PARALYMPIC COMMITTEE ($1,524,919). 1 of them have funded it in more than one year.
- Revenue FY2024
- $6.3M
- Funders on record
- 3
- Grants received
- $1.5M
- Net assets
- $636k
What USA Taekwondo Inc does
Mission
The purpose of usa taekwondo shall be to enable united states athletes to achieve sustained competitive excellence in the sport of taekwondo in the united states and to serve as the national governing body for the sport of taekwondo under the authority of the united states olympic and paralympic committee (usopc) as set out below. Furthermore, usat is committed to providing the necessary programs, services and support for all taekwondo participants by providing a safe and positive environment as well as demonstrating the high athletic skill, self-discipline, humility, indomitable spirit and expression of olympic ideals required to excel in the sport. Usat envisions a world where taekwondo participants of all levels have the necessary programs, services, support and training to achieve excellence in the sport and that usat is seen as the premier benchmark for the development of taekwondo as an olympic sport, method of self-defense, form of recreation and way of life.
As stated on its FY2024 Form 990.
Programs
High performance programs - usa taekwondo has entered into a high performance development agreement with the united states performance center to create a national performance, training, and sport center to provide state-of-the-art athletic training, testing, assessment, evaluation, and more. Usa taekwondo hosts first-class training camps and development programs for all levels of athletes, coaches, and officials to advance their skills and to prepare them for domestic and international competitions. Usa taekwondo also hosts in-house competition events: focused, intense and high quality, streamed live to deliver access and exposure to top-level taekwondo. Usa taekwondo launched usa taekwondo university (usatkdu) in 2021 and has since continued to enhance the services available. Usatkdu teaches cutting-edge modern methods of sport taekwondo and prepares athletes for the rigors of international competition and academy life. Usatkdu offers five degree courses of increasing difficulty which have varying price ranges for the services provided.
$2,811,500 spentof which $59,117 as grants$541,044 earned by the program58% of program spendingNational & international events - approximately 4,000 athletes participated in domestic and international competitions throughout the year. An additional approximately 1,500 athletes competed at the state level in competitions sanctioned by usa taekwondo.
$1,639,024 spent$2,600,058 earned by the program34% of program spendingMembership - approximately 9,719 individuals and 574 clubs are members of usa taekwondo. Individual members were provided accident insurance coverage and clubs receive general liability insurance as part of their membership packages. Clubs qualify to host sanctioned usa taekwondo competitions. The dan office processed approximately 599 domestic and international certifications for members and non-members.
$370,203 spent$660,596 earned by the program8% of program spendingMedia - this program exists to showcase the usa taekwondo programs, increase the visibility of the brand, bring peiople to the sport and to promote the sport and usa taekwondo academy team through digital content.
$54,761 spent$37,500 earned by the program1% of program spending
The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $4,875,488.
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.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $441k to $1.1M (+157%).
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.
Government-grant reliance: 2020 7%. Grants only. Government contracts and fees sit inside program revenue.
39% of USA TAEKWONDO INC’s revenue is contributions — more donation-reliant than the typical peer (13% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 8 reported years ran a deficit.
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.
Chief executive
Stephen Mcnally
Chief executive officer
Board chair
Carol Lewis
Chair of board
As listed on its FY2024 Form 990.
Who funds it, year by year
Grant support over time, funder by funder — shade shows the grant size each year.
1 of 3 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 0% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of USA TAEKWONDO INC’s funders (the co-funder graph). 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 TAEKWONDO INC leans on a few funders — its largest provides 100% of grant income and the top three 100%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
100% 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 TAEKWONDO INC.
“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.
Where its funders are
100% of USA TAEKWONDO INC's grant income comes from Colorado funders.
Funder states come from each funder’s own filing. $77 arriving through sponsors registered in 1 state 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.
Against its field
USA TAEKWONDO INC runs a healthier operating margin than half of the 2,728 recreation & sports nonprofits its size.
this organization peer median middle 50% of peers· 2,728 recreation & sports nonprofits $1M–$10M, FY2024
Organizations like USA TAEKWONDO 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
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
91% of spending goes to programs.
Governance
Public support
94%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Screen this organization
A dated, signed PDF of the compliance screen for USA TAEKWONDO 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.
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 TAEKWONDO INC?
- USA TAEKWONDO INC (Colorado) receives grants from 3 organizations whose IRS filings report $1,532,446 to it, the largest being UNITED STATES OLYMPIC AND PARALYMPIC COMMITTEE ($1,524,919). 1 of them have funded it in more than one year.
- How many funders does USA TAEKWONDO INC have?
- IRS filings report 3 organizations giving $1,532,446 in grants to USA TAEKWONDO INC, 1 of which have funded it in more than one year.
- Who is the largest funder of USA TAEKWONDO INC?
- UNITED STATES OLYMPIC AND PARALYMPIC COMMITTEE is the largest funder on record, with $1,524,919 in grants. The full list of funders is on this page.
- How can an organization like USA TAEKWONDO 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.
Play a game about who funds USA Taekwondo →
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 3 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 14, 2026. What this page cannot tell you · view filing