USA Diving INC

Claim this org

(tell your story, add context, and more) Claim it free, then get the verified mark for $2,500 a year, plus $10 a year for the ID check.

How does your 990 look to donors? Take the 10-Question Audit

To support u.s. Olympic and paralympic athletes in achieving sustained competitive excellence.

Form 990 Part I, line 1, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 31-0986868) · Dispute this line
501(c)(3) charity; gifts are tax-deductible.
77¢ of each $1 spent went to programs.
Run by 15 volunteers and 7 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
The latest return is for FY2024, 2 tax years back.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $126K a year · 4% of revenue · last 5 filings
A surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
77%
of spending
77% of spending went to programs.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$369K
to officers and key staff · 8% of spending
Pay to officers and key staff is 8% of spending.
Part VII, Section A
2.1 mo
of spending, in cash
2.1 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $1.6M
2 funders name it on their filings.
Funders’ Sch. I, 990-PF
Liabilities
$571K
30% of total assets
Liabilities are 30% of assets.
Pt X · Ln 26
Independent board members
15
of 15 voting members
15 of 15 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$4.6M
+29% vs prior year
Spent
$4.3M
To programs
77%
Net assets
$1.3M
By yearFY2020–FY2024
Revenue
$4.6M
FY2024▲ +29%
Tap a bar for its year
Revenue by fiscal year
FY2020$2.2M
FY2021$3.6M
FY2022$3.2M
FY2023$3.5M
FY2024$4.6M
Expenses
$4.3M
FY2024▲ +17%
Tap a bar for its year
Expenses by fiscal year
FY2020$2.3M
FY2021$3.0M
FY2022$3.1M
FY2023$3.7M
FY2024$4.3M
Net assets
$1.3M
FY2024▲ +19%
Tap a bar for its year
Net assets by fiscal year
FY2020−$250K
FY2021$602K
FY2022$951K
FY2023$1.1M
FY2024$1.3M

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Nov 1981.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

77 cents of each dollar spent went to programs.

Program services 77% · $3.3M Management & general 20% · $874K Fundraising 3% · $144K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

17 people listed on the 990; $369K paid to officers and key staff (Part VII, Section A).

Part VII, Section A · reportable compensation
President
$238,075Pt VII · Sec A
High Performance Director
$130,673Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 4 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Lee Michaud$238,075$243,150$188,222$167,110$115,303
Dan Laak———$138,000—
Leslie Adams$130,673$113,500———
Olivia Rosendahl———$4,231—

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See USA Diving INC executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Helps U.S. Olympic and Paralympic athletes achieve sustained competitive excellence.

Questions for USA Diving INC

Tap to ask. USA Diving INC sees how many people are interested.

Your first name shows with your question. USA Diving INC answers here, for everyone.

2 programs · $3.3M · in their own filed words · FY2024
01

Competition program expenses include costs incurred to train athletes, conduct domestic competitions and send teams to international competitions. Expenses include travel, contract labor, lodging and meals, and athlete training costs such as sports science.

Form 990 Part III, line 4, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 31-0986868) · Dispute this line
$2.0Mprogram expense
02

Member services include the publication of "inside usa diving and provision of member benefits such as sport accident insurance, safety education.

Form 990 Part III, line 4, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 31-0986868) · Dispute this line
$1.3Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 2 funders$1.6M
Grants paid · 4 grants · $33K · 2023–2023
DivervaVA · FY2023$10,000
Hastings Community Diving ClubFY2023$10,000
North Star Diving ClubFY2023$8,000
Unitemized GrantFY2023$5,000

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$4.6M
Ln 12
Gifts and grantsLn 1h$2.9M
Fees for servicesLn 2g$1.5M
Other incomeLn 4–11$124K
Money outPt IX
$4.3M
Ln 25
Programscol B$3.3M
Managementcol C$874K
Fundraisingcol D$144K
Owns and owesPt X
$1.3M
net assets · Ln 32
Cash and savingsLn 1–2$745K
Total assetsLn 16$1.9M
LiabilitiesLn 26$571K
PeoplePt VI, VII
17
listed · VII A
PaidVII A2
Voting boardVI 1a15
IndependentVI 1b15
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$2.9M
Noncash giftsLn 1g$171K
Fees for servicesLn 2g$1.5M
Investment incomeLn 3$8K
Other incomeLn 4–11$124K
Gains on assetsLn 7$88K
Total revenueLn 12$4.6M
Assets in detailPt X, end of year
CashLn 1$727K
SavingsLn 2$19K
Cash and savings togetherLn 1–2$745K
Pledges and grants receivableLn 3$95K
Accounts receivableLn 4$80K
Inventories for sale or useLn 8$267K
Prepaid expenses and deferred chargesLn 9$200K
InvestmentsLn 11–13$456K
Other assetsLn 15$50K
Total assetsLn 16$1.9M
LiabilitiesLn 26$571K
Net assetsLn 32$1.3M
OperationsPt I, VI
EmployeesI 57
VolunteersI 615
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3More from this return
Abroad and in kindSch F, M
Noncash gifts receivedSch M Pt I$171K
4Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$776K$745K
InvestmentsLn 11–13$551K$456K
Total assetsLn 16$1.8M$1.9M
LiabilitiesLn 26$727K$571K
Net assetsLn 32$1.1M$1.3M
5Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of officers and key staff (Part IX, line 5)Ln 5$254K$171K$61K$22K
Other salaries and wagesLn 7$659K$445K$159K$55K
Pension plan contributionsLn 8$20K$12K$5K$3K
Other employee benefitsLn 9$111K$68K$26K$17K
Payroll taxesLn 10$67K$41K$16K$10K
Legal feesLn 11b$184K$30K$154K
Investment management feesLn 11f$4K$4K
Other fees for servicesLn 11g$226K$37K$189K
Advertising and promotionLn 12$55K$31K$24K
Office expensesLn 13$86K$46K$40K
TravelLn 17$1.1M$1.0M$85K$3K
InterestLn 20$21K$21K
InsuranceLn 23$493K$483K$10K
Other expenses (24a–d)Ln 24$1.0M$961K$64K$10K
All other expensesLn 24e$27K$19K$8K
Total functional expensesLn 25$4.3M$3.3M$874K$144K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest ViewingFiled with the IRS Oct 30, 2025 $4.6M$4.3M$210K$1.3M 990 PDF
FY2023Filed with the IRS Nov 13, 2024 $3.5M$3.7M−$193K$1.1M 990 PDF
FY2022Filed with the IRS Nov 10, 2023 $3.2M$3.1M$108K$951K 990 PDF
FY2021Filed with the IRS Nov 15, 2022 $3.6M$3.0M$631K$602K 990 PDF
FY2020Filed with the IRS Nov 12, 2021 $2.2M$2.3M−$124K−$250K 990 PDF

Schedules filed Part IV

A · Public support I · Grants J · Pay M · Noncash O · Explanations
See the full FY2024 990
Part I · Summary $4,552,957 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $2,902,491$2,921,004
I-9 Program service revenuePrior year $567,883$1,499,514
I-10 Investment incomePrior year $31,625$95,667
I-11 Other revenuePrior year $17,609$36,772
I-12 Total revenuePrior year $3,519,608$4,552,957
I-13 Grants and similar amounts paidPrior year $43,000$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $957,677$1,111,740
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $2,712,283$3,231,682
I-18 Total expensesPrior year $3,712,960$4,343,422
I-19 Revenue less expensesPrior year −$193,352$209,535
Part VI · Governance 15 of 15 board members independent, no flags
VI-1a Voting members of the governing body15
VI-1b Independent voting members15
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $4,552,957 across 10 lines filed
Lines not itemized here account for $26,060 of total revenue; see the IRS return.
VIII-1b Membership dues$5,756
VIII-1d Related organizations$959,450
VIII-1f All other contributions, gifts and grants$1,955,798
VIII-1g Noncash contributions (included above)$170,741
VIII-1h Total contributions, gifts and grants$2,921,004
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,499,514$1,499,514
VIII-3 Investment incomeExcluded from tax $8,143$8,143
VIII-7 Net gain or loss on sales of assetsExcluded from tax $87,524$87,524
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $10,712$10,712
VIII-12 Total revenueRelated to mission $1,536,286 · Unrelated business $0 · Excluded from tax $95,667$4,552,957
Part IX · Statement of functional expenses $4,343,422 across 15 lines filed
IX-5 Pay of officers and key staff (Part IX, line 5)Programs $170,768 · Management $61,407 · Fundraising $22,137$254,312
IX-7 Other salaries and wagesPrograms $444,902 · Management $159,290 · Fundraising $54,501$658,693
IX-8 Pension plan contributionsPrograms $12,292 · Management $4,730 · Fundraising $3,008$20,030
IX-9 Other employee benefitsPrograms $68,344 · Management $26,298 · Fundraising $16,720$111,362
IX-10 Payroll taxesPrograms $41,329 · Management $15,903 · Fundraising $10,111$67,343
IX-11b Legal feesPrograms $30,261 · Management $153,780$184,041
IX-11f Investment management feesManagement $4,364$4,364
IX-11g Other fees for servicesPrograms $37,178 · Management $188,928$226,106
IX-12 Advertising and promotionManagement $30,804 · Fundraising $24,383$55,187
IX-13 Office expensesPrograms $45,622 · Management $39,933$85,555
IX-17 TravelPrograms $1,013,312 · Management $85,113 · Fundraising $2,716$1,101,141
IX-20 InterestManagement $21,437$21,437
IX-23 InsurancePrograms $482,809 · Management $9,708$492,517
IX-24 Other expenses (24a–d)Programs $960,627 · Management $64,045 · Fundraising $10,129$1,034,801
IX-24e All other expensesPrograms $18,560 · Management $7,973$26,533
IX-25 Total functional expensesPrograms $3,326,004 · Management $873,713 · Fundraising $143,705$4,343,422
Part X · Balance sheet $1,893,469 assets, 17 lines filed
X-1 Cash, non-interest-bearingStart of year $765,294$726,684
X-2 Savings and temporary cash investmentsStart of year $10,401$18,621
X-3 Pledges and grants receivable$95,000
X-4 Accounts receivableStart of year $81,616$80,118
X-8 Inventories for sale or useStart of year $226,829$267,147
X-9 Prepaid expenses and deferred chargesStart of year $168,616$200,285
X-11 Publicly traded securitiesStart of year $550,667$455,614
X-15 Other assetsStart of year $37,500$50,000
X-16 Total assetsStart of year $1,840,923$1,893,469
X-17 Accounts payable and accrued expensesStart of year $185,126$239,943
X-19 Deferred revenueStart of year $342,360$130,652
X-23 Secured mortgages and notes payableStart of year $200,000$200,000
X-26 Total liabilitiesStart of year $727,486$570,595
X-27 Net assets without donor restrictionsStart of year $891,936$1,128,041
X-28 Net assets with donor restrictionsStart of year $221,501$194,833
X-32 Total net assets or fund balancesStart of year $1,113,437$1,322,874
X-33 Total liabilities and net assetsStart of year $1,840,923$1,893,469
Part XI · Reconciliation of net assets $1,322,874 net assets at year end
XI-1 Total revenue$4,552,957
XI-2 Total expenses$4,343,422
XI-3 Revenue less expenses$209,535
XI-4 Net assets at start of year$1,113,437
XI-5 Net unrealized gains (losses) on investments−$98
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$1,322,874

Form 990 e-file FY2024 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

The names, titles, and financial information shown on this page are reproduced from IRS Form 990 filings, which are public records. More

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown. A filing can only be corrected by the organization filing an amended return with the IRS; the corrected information appears here at our next update.

We publish only information contained in the public IRS filing, and less than the filing contains. Our pages do not display home addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, contact the filing organization or the IRS directly.

All figures come from public IRS Form 990 filings. Comparisons are computed from the filing against similar orgs. They are not a rating.