2025-05-27T17:11:52-05:00 2024-09-30 Sorren Inc 102 N CASCADE AVENUE SUITE 400 COLORADO SPRINGS CO 80903 990 2023-10-01 833784732 USA BASKETBALL FOUNDATION % THE ORGANIZATION USAB 7195404800 27 S TEJON STREET Suite 100 COLORADO SPRINGS CO 80903 Cooper Trahern DIRECTOR 7195404800 2025-05-30 true true DOREEN B MERZ P00841439 7196301186 2023 2025-03-06 01:10:19Z Cooper Trahern 27 S TEJON STREET100 COLORADO SPRINGS CO 80903 1204003 false X usabfoundation.org X 2019 CO to conduct programming and generate support for USA Basketball 5 4 0 4 0 1139833 1161583 0 30000 0 12420 0 0 1139833 1204003 1000000 800000 0 0 0 0 127613 0 557180 322014 557180 1449627 1357180 -309794 -153177 1269440 1206823 56669 147229 1212771 1059594 HARNESSING THE POWER, INFLUENCE, AND GLOBAL REACH OF USA BASKETBALL TO ADVANCE SOCIETY THROUGH A LIFETIME COMMITMENT TO COMMUNITIES, PLAYERS, FAMILIES, COACHES, AND FANS. false false 800000 800000 30000 THE FOUNDATION SUPPORTED USA BASKETBALL DURING THE FISCAL YEAR BY PROVIDING MONETARY SUPPORT FOR CHAMPIONING WOMEN, YOUTH EMPOWERMENT, AND SOCIAL RESPONSIBILITY EVENTS AS WELL AS FEES FOR BUSINESS AND DONOR DEVELOPMENT 800000 true true false false false false false false false false false false false false true true false true false false false false false true false false false true false true false false false false false false false false false false false false false true false false false true 4 0 0 false false false false false false false false false false false false X 5 4 false false false false true true true true true false false true true true true true true false false false AL AR CA FL GA HI IL KS KY MD MA MI MN MS NH NJ NM NY NC OR PA RI SC TN UT VA WV WI X THE ORGANIZATION 7195404800 27 S TEJON STREET STE 100 COLORADO SPRINGS CO 80903 Brent Baumberger cfo usa bas chair 1.0 50.0 X X 0 331320 82450 jennifer lynne williams chief development officer 1.0 50.0 X 0 225615 59586 david denenberg sr vp global director 1.0 0.0 X 0 0 0 swin cash vp basketball oper director 1.0 0.0 X 0 0 0 joan scott mgr dir ncaa director 1.0 0.0 X 0 0 0 john thompson iii senior vp director 1.0 0.0 X 0 0 0 0 556935 142036 0 false true false 0 1161583 1161583 LICENSING USABF 711310 30000 30000 30000 12420 12420 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1204003 30000 12420 800000 800000 0 0 0 0 0 0 0 0 0 0 0 2816 2816 0 0 0 8010 8010 125586 125586 6484 6484 45922 45922 0 0 478 478 0 0 0 0 0 1498 1498 PROGRAM DEVELOPMENT 167575 167575 FUNDRAISING EXPENSES 186384 186384 DUES & SUBSCRIPTIONS 11882 11882 EQUIPMENT 545 545 1357180 800000 0 557180 1268895 1166902 0 0 0 0 0 36880 0 0 0 0 0 0 0 0 545 3041 0 0 0 0 0 0 0 0 0 0 0 0 1269440 1206823 56669 11535 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 135694 56669 147229 X 1212771 1059594 0 0 1212771 1059594 1269440 1206823 -153177 X X false true X true false X X X 1 USA BASKETBALL 370996441 10 true 1357180 0 1 1357180 true false false false false false false false false false false false false false false false false true false RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 INTERCOMPANY PAYABLE 135694 135694 X 1202235 -1768 -1768 1204003 1204003 1355412 -1768 -1768 1357180 1357180 SCHEDULE D, PART X, LINE 2 FOR FEDERAL INCOME TAX PURPOSES, ORGANIZATION QUALIFIES AS A TAX EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND, ACCORDINGLY, IS NOT SUBJECT TO FEDERAL INCOME TAXES. THE ORGANIZATION BELIEVES THAT IT DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. SCHEDULE D, PART XI, LINE 2D OTHER: $1,768 BANK FEES NETTED IN REVENUE FOR THE AUDITED FINANCIAL STATEMENTS HAVE BEEN RECLASSIFIED TO EXPENSE FOR THE TAX RETURN. SCHEDULE D, PART XII, LINE 2D OTHER: $1,768 BANK FEES NETTED IN REVENUE FOR THE AUDITED FINANCIAL STATEMENTS HAVE BEEN RECLASSIFIED TO EXPENSE FOR THE TAX RETURN. X X X X true CAUSEMIC 2034 N KILLINGSWORTH ST PORTLAND OR 97217 MARKETING false 96097 96097 AL AK AR CA CO CT DC FL GA HI IL KS KY ME MD MA MI MN MS NV NH NJ NM NY NC ND OH OK OR PA RI SC TN UT VA WA WV WI true usa basketball 27 s tejon st colorado springs CO 80903 370996441 501(c)(3) 800000 operational support 1 0 SCHEDULE I, PART I, LINE 2 THE FOUNDATION BOARD OF DIRECTORS WORK CLOSELY WITH USA BASKETBALL TO ENSURE FUNDS ARE USED ACCORDING TO THEIR INTENDED PURPOSE false false false false false false false false false Brent Baumberger cfo usa bas chair 289676 28000 13644 47858 34592 413770 jennifer lynne williams chief development officer 210615 15000 34582 25004 285201 SCHEDULE J, PART I, LINE 3 RELATED ORGANIZATION, USA BASKETBALL, HAS A COMPENSATION POLICY. THE CEO/EXECUTIVE DIRECTOR MAKES A RECOMMENDATION AND DISCUSSES THOSE RECOMMENDATIONS WITH THE CHAIR OF THE BOARD FOR EACH EMPLOYEE. THE BOARD OF DIRECTORS MEETS IN AN EXECUTIVE SESSION TO DISCUSS AND APPROVE COMPENSATION FOR THE ORGANIZATION'S CEO AND STAFF. COMPENSATION REVIEWS ARE CONDUCTED USING COMPENSATION STUDIES, REVIEWING COMPARABLE ORGANIZATIONS'FORM 990, AND OTHER AVAILABLE COMPARABLE DATA FOR SIMILAR POSITIONS. SCHEDULE J, PART I, LINE 7 BONUSES WERE GIVEN AT THE DISCRETION OF THE BOARD OF DIRECTORS OF USA BASKETBALL, A RELATED ORGANIZATION OF USA BASKETBALL FOUNDATION. THE FOLLOWING INDIVIDUALS REPORTED ON SCHEDULE J, PART 2, RECEIVED BONUSES DURING THE 2023 CALENDAR YEAR: BRENT BAUMBERGER $28,000 AND JENNIFER WILLIAMS $15,000. FORM 990 PART VI, LINE 6, 7A & 7B THE SOLE VOTING MEMBER OF THE ORGANIZATION IS USA BASKETBALL, A RELATED NOT-FOR-PROFIT. THE SOLE MEMBER APPOINTS THE DIRECTORS OF THE FILING ORGANIZATION. AMENDMENTS TO THE ORGANIZATION'S BYLAWS REQUIRE THE APPROVAL OF THE SOLE MEMBER. FORM 990, PART VI SECTION B, LINE 11b THE BOARD RECEIVES A COPY OF THE FORM 990 FOR DISCUSSION AND REVIEW BEFORE THE FINAL COPY IS FILED WITH THE IRS. FORM 990, PART VI SECTION B, LINE 12C AT EACH BOARD MEETING, IF THERE IS A DISCUSSION OF SELECTING OR ENGAGING A VENDOR OR SERVICE PROVIDER, ALL IN ATTENDANCE ARE ASKED TO RECUSE THEMSELVES FROM THIS DISCUSSION IF THERE COULD BE A PERCEIVED CONFLICT. ANNUALLY, THE ORGANIZATION REVIEWS AND DISCUSSES THE CONFLICT OF INTEREST POLICY AND REQUESTS THAT EACH BOARD MEMBER AND OFFICER LIST AND ACKNOWLEDGE ANY KNOWN CONFLICTS. FORM 990, PART VI SECTION B, LINE 15 A & B THE USA BASKETBALL FOUNDATION CURRENTLY DOES NOT HAVE ANY PAID EMPLOYEES. THE RELATED ORGANIZATION, USA BASKETBALL, HAS A COMPENSATION POLICY. THE CEO/EXECUTIVE DIRECTOR MAKES A RECOMMENDATION AND DISCUSSES THOSE RECOMMENDATIONS WITH THE CHAIR OF THE BOARD FOR EACH EMPLOYEE. THE BOARD OF DIRECTORS MEETS IN AN EXECUTIVE SESSION TO DISCUSS AND APPROVE COMPENSATION FOR THE ORGANIZATION'S CEO AND STAFF. COMPENSATION REVIEWS ARE CONDUCTED USING COMPENSATION STUDIES, REVIEWING COMPARABLE ORGANIZATIONS'FORM 990, AND OTHER AVAILABLE COMPARABLE DATA FOR SIMILAR POSITIONS. FORM 990, PART VI SECTION C, LINE 19 THE ORGANIZATION WILL PROVIDE, IN A TIMELY MANNER, COPIES OF ALL GOVERNING DOCUMENTS INCLUDING ITS CONFLICT OF INTEREST POLICIES AND FINANCIAL STATEMENTS WHEN REQUESTED IN WRITING OR IN PERSON. THE ORGANIZATION'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICIES ARE AVAILABLE ON THE ORGANIZATION'S WEBSITE. Form 990, Part XII, line 2 C the foundation's sole member, usa basketball, selects the financial statement auditor and reviews the consolidated, audited financial statements. THERE HAS BEEN NO CHANGE IN THE SELECTION OF A FINANCIAL STATEMENT AUDITOR OR IN THE REVIEW OF THE FINANCIAL STATEMENT AUDIT, FROM PRIOR YEARS. USA BASKETBALL 27 SOUTH TEJON ST STE100 COLORADO SPRINGS CO 80903 370996441 SEE PART VII CO 501 (C)(3) 10 NONE false false true false false true false false false false false false false false true true true true false false SCHEDULE R, PART II, COLUMN B, LINE 1 USA BASKETBALL PRIMARY ACTIVITY: HARNESSING THE POWER, INFLUENCE, AND GLOBAL REACH OF USA BASKETBALL TO ADVANCE SOCIETY THROUGH A LIFETIME COMMITMENT TO COMMUNITIES, PLAYERS, FAMILIES, COACHES, AND FANS.