USA Diving INC FY2020 filing

Claim this org

(tell your story, add context, and more) Claim it free, then get the verified mark for $1,000 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, FY2020. 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.
72¢ of each $1 spent went to programs.
$115K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · 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
72%
of spending
72% of spending went to programs.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$115K
to officers and key staff · 5% of spending
Pay to officers and key staff is 5% of spending.
Part VII, Section A
4.0 mo
of spending, in cash
4.0 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
$1.1M
131% of total assets
Liabilities are 131% 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
$2.2M
Spent
$2.3M
To programs
72%
Net assets
−$250K
By yearFY2020–FY2024
Revenue
$2.2M
FY2020
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
$2.3M
FY2020
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
−$250K
FY2020
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 FY2020 Form 990 · figures checked against the IRS filing · see the original

You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

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

72 cents of each dollar spent went to programs.

Program services 72% · $1.6M Management & general 27% · $626K Fundraising 1% · $27K

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

16 people listed on the 990; $115K paid to officers and key staff (Part VII, Section A).

Part VII, Section A · reportable compensation
$115,303Pt VII · Sec A
Secretary
$0Pt 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.

1 program · $1.6M · in their own filed words · FY2020
01

Member services include the publication of "inside usa diving and provision of member benefits such as sport accident insurance, safety EDUCATION.COMPETITION program expenses include costs incurred to train athletes, conduct domestic competitions and send teams to international competitions.

Form 990 Part III, line 4, FY2020. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 31-0986868) · Dispute this line
$1.6Mprogram 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 FY2020 990, line by line.

1The main four
Money inPt VIII
$2.2M
Ln 12
Gifts and grantsLn 1h$2.1M
Fees for servicesLn 2g$115K
Investment incomeLn 3$1K
Money outPt IX
$2.3M
Ln 25
Programscol B$1.6M
Managementcol C$626K
Fundraisingcol D$27K
Owns and owesPt X
−$250K
net assets · Ln 32
Cash and savingsLn 1–2$767K
Total assetsLn 16$812K
LiabilitiesLn 26$1.1M
PeoplePt VI, VII
16
listed · VII A
PaidVII A1
Voting boardVI 1a15
IndependentVI 1b15
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$2.1M
Government grantsLn 1e$166K
Noncash giftsLn 1g$81K
Fees for servicesLn 2g$115K
Investment incomeLn 3$1K
Total revenueLn 12$2.2M
Assets in detailPt X, end of year
CashLn 1$767K
Cash and savings togetherLn 1–2$767K
Accounts receivableLn 4$15K
Prepaid expenses and deferred chargesLn 9$5K
Land, buildings, equipmentLn 10c$18K
InvestmentsLn 11–13$7K
Total assetsLn 16$812K
LiabilitiesLn 26$1.1M
Net assetsLn 32−$250K
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$81K
4Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$710K$767K
InvestmentsLn 11–13$7K$7K
Land, buildings, equipmentLn 10c$18K$18K
Total assetsLn 16$768K$812K
LiabilitiesLn 26$980K$1.1M
Net assetsLn 32−$213K−$250K
5Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Benefits paid to or for membersLn 4$58K$58K
Pay of officers and key staff (Part IX, line 5)Ln 5$123K$123K
Other salaries and wagesLn 7$661K$585K$54K$21K
Pension plan contributionsLn 8$17K$10K$6K$927
Other employee benefitsLn 9$58K$34K$21K$3K
Payroll taxesLn 10$46K$34K$11K$1K
Legal feesLn 11b$85K$85K
Other fees for servicesLn 11g$81K$81K
Advertising and promotionLn 12$16K$8K$8K
Office expensesLn 13$12K$2K$11K
Information technologyLn 14$55K$6K$49K
OccupancyLn 16$40K$40K
TravelLn 17$7K$4K$4K
Conferences, conventions and meetingsLn 19$2K$1K$238
InterestLn 20$3$3
InsuranceLn 23$689K$582K$107K
Other expenses (24a–d)Ln 24$348K$323K$25K
All other expensesLn 24e$3K$928$3K
Total functional expensesLn 25$2.3M$1.6M$626K$27K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 LatestFiled 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
FY2020 ViewingFiled with the IRS Nov 12, 2021 $2.2M$2.3M−$124K−$250K 990 PDF

Schedules filed Part IV

A · Public support I · Grants M · Noncash O · Explanations
See the full FY2020 990
Part I · Summary $2,177,414 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $2,199,097$2,061,257
I-9 Program service revenuePrior year $699,418$115,069
I-10 Investment incomePrior year $4,896$1,088
I-11 Other revenuePrior year $7,665$0
I-12 Total revenuePrior year $2,911,076$2,177,414
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $48,475$57,799
I-15 Salaries and benefitsPrior year $855,391$904,634
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $2,171,434$1,339,139
I-18 Total expensesPrior year $3,075,300$2,301,572
I-19 Revenue less expensesPrior year −$164,224−$124,158
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 $2,177,414 across 9 lines filed
VIII-1b Membership dues$380,713
VIII-1d Related organizations$642,213
VIII-1e Government grants$166,000
VIII-1f All other contributions, gifts and grants$872,331
VIII-1g Noncash contributions (included above)$80,957
VIII-1h Total contributions, gifts and grants$2,061,257
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $115,069$115,069
VIII-3 Investment incomeExcluded from tax $1,088$1,088
VIII-12 Total revenueRelated to mission $115,069 · Unrelated business $0 · Excluded from tax $1,088$2,177,414
Part IX · Statement of functional expenses $2,301,572 across 18 lines filed
IX-4 Benefits paid to or for membersPrograms $57,799$57,799
IX-5 Pay of officers and key staff (Part IX, line 5)Management $122,619$122,619
IX-7 Other salaries and wagesPrograms $585,138 · Management $54,151 · Fundraising $21,366$660,655
IX-8 Pension plan contributionsPrograms $9,889 · Management $6,102 · Fundraising $927$16,918
IX-9 Other employee benefitsPrograms $34,233 · Management $20,522 · Fundraising $3,210$57,965
IX-10 Payroll taxesPrograms $33,997 · Management $11,094 · Fundraising $1,386$46,477
IX-11b Legal feesManagement $84,988$84,988
IX-11g Other fees for servicesManagement $81,166$81,166
IX-12 Advertising and promotionPrograms $8,263 · Management $7,737$16,000
IX-13 Office expensesPrograms $1,700 · Management $10,709$12,409
IX-14 Information technologyPrograms $5,901 · Management $49,291$55,192
IX-16 OccupancyManagement $40,220$40,220
IX-17 TravelPrograms $3,861 · Management $3,513$7,374
IX-19 Conferences, conventions and meetingsPrograms $1,279 · Management $238$1,517
IX-20 InterestManagement $3$3
IX-23 InsurancePrograms $582,444 · Management $106,628$689,072
IX-24 Other expenses (24a–d)Programs $323,251 · Management $24,513$347,764
IX-24e All other expensesPrograms $928 · Management $2,506$3,434
IX-25 Total functional expensesPrograms $1,648,683 · Management $626,000 · Fundraising $26,889$2,301,572
Part X · Balance sheet $811,947 assets, 15 lines filed
X-1 Cash, non-interest-bearingStart of year $709,518$767,261
X-4 Accounts receivableStart of year $6,853$15,257
X-9 Prepaid expenses and deferred chargesStart of year $26,860$5,000
X-10c Land, buildings and equipment, netStart of year $17,508$17,508
X-11 Publicly traded securitiesStart of year $6,921$6,921
X-16 Total assetsStart of year $767,660$811,947
X-17 Accounts payable and accrued expensesStart of year $408,054$194,933
X-19 Deferred revenueStart of year $438,884$666,884
X-23 Secured mortgages and notes payableStart of year $0$199,900
X-25 Other liabilitiesStart of year $133,333$0
X-26 Total liabilitiesStart of year $980,271$1,061,717
X-27 Net assets without donor restrictionsStart of year −$48,128−$392,220
X-28 Net assets with donor restrictionsStart of year −$164,483$142,450
X-32 Total net assets or fund balancesStart of year −$212,611−$249,770
X-33 Total liabilities and net assetsStart of year $767,660$811,947
Part XI · Reconciliation of net assets −$249,770 net assets at year end
XI-1 Total revenue$2,177,414
XI-2 Total expenses$2,301,572
XI-3 Revenue less expenses−$124,158
XI-4 Net assets at start of year−$212,611
XI-8 Prior period adjustments$86,997
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year−$249,770

Form 990 e-file FY2020 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.