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Passes our checks

USA Artistic Swimming Foundation

EIN 31-1123369 · Colorado Springs, CO

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthStrong100 out of 100GovernanceStrong91 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

Committed to Funding the Growth of the sport and preparing todays artistic swimmers to become tomorrows champions & leaders

Income
$350,118
Spending
$334,513
Spent on programs
75%
Reserves
116.8 months of spending
Largest source of income
donations and private grants, 45%
Employees
1
Volunteers
10

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Strong: 100 out of 100.

  • Reserves

    35 of 35

    Spendable reserves would cover 116.8 months of spending.

  • Debt

    20 of 20

    It owes 2% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 4% of income.

  • Income trend

    15 of 15

    Income rose 87% on the year before.

  • Spending floor

    15 of 15

    75% of spending went to programs and raising each dollar of donations cost 25 cents.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Strong: 91 out of 100.

  • Independent board

    25 of 25

    13 of 14 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Independent check of accounts

    6 of 15

    Its accounts were not audited or reviewed by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (1)
  1. $249,304 spent. 2024 Program AccomplishmentsIn 2024, the USA Artistic Swimming Foundation proudly advanced its mission to support and strengthen the sport of artistic swimming across the nation. Through strategic funding, grants, and collaborative initiatives, we provided meaningful resources to athletes, coaches, and programs at every level of competition.National Team Support: The Foundation continued its vital support of USA Artistic Swimmings national team programs, ensuring athletes had access to world-class training, facilities, and competition opportunities. These funds helped cover essential needs such as coaching, athlete development, international travel, and performance preparation for the Olympic Games. We also gave USA Artistic Swimming an additional grant in order to provide the necessary funds for our Olympic Team to travel and compete at the 2024 Olympic Games, which resulted in a silver medal and made history for the sport. By investing in the national teams, we are helping athletes reach their highest potential on the world stage while inspiring the next generation of swimmers.Development and Growth Programs: Beyond elite competition, the Foundation invested in the future of the sport by funding grassroots and developmental initiatives. This included grants to collegiate artistic swimming programs, enabling student-athletes to continue their passion for the sport while pursuing academic excellence. Additional funding supported training and certification programs for officials and coaches, elevating the overall standard of professionalism, safety, and excellence within the sport nationwide.Community and Organizational Impact: Through these efforts, the Foundation strengthened the artistic swimming community, broadened access to participation, and created a sustainable foundation for long-term success. Each dollar contributed by our donors directly impacts the athletes and leaders shaping the future of artistic swimming in the United States.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since May 1985.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.