USA Diving Inc logo

USA Diving Inc

Grantmaker Indianapolis, IN EIN: 31-0986868 Website

To support U.S. olympic and paralympic athletes in achieving sustained competitive excellence while demonstrating the values of the olympic movement, thereby inspiring all americans.

Key facts about USA Diving Inc

EIN
31-0986868
Latest 990 filing
Form 990 filing, 2024
Total assets
$1,893,469
Next open deadline
October 28, 2027 (USA Diving Developmental Grant)

Data from IRS Form 990 filing, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990 filing · View filing

Total Assets

$1.9M

+2.9% YoY

Revenue

$4.6M

+29.4% YoY

Net Investment Income

$96K

+202.5% YoY

Expenses

$4.3M

+17.0% YoY

About USA Diving Inc

Based on IRS filings

USA Diving Inc is a nonprofit organization, based in Indianapolis, IN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.9M in total assets. Net investment income was $96K.

Open Grants

1 open opportunity from USA Diving Inc

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Cities

KalamazooRichmondRosemount

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K0 grants2020 0 grants2021 0 grants2022 3 grants2023 0 grants2024

In 2023 it made 3 grants totaling $28K.

Grant Insights

How this funder distributes its grants

Grant Size Distribution

3 grants across all recorded years

3<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 3 grants of 3 (100%).

Giving History

Grant recipients and amounts by year

No grants recorded for 2024.

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$2M$4M$6M2020 2021 2022 2023 2024
Metric202420232022
Total Assets$1,893,469$1,840,923$1,514,096
Revenue$4,552,957$3,519,608$3,178,286
Expenses$4,343,422$3,712,960$3,070,630
Net Investment Income$95,667$31,625$24,955

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

USA Diving Inc is led by Lee Michaud, President since 2023 (on filings since 2020); 2 of 14 officers listed in 2024 are compensated.

Officers on the 2024 filing

  • Lee Michaud

    President

    CEO → President, 2023

    On filings since 2020

    40 hrs/week

    $115K (2020) → $238K (2024)

  • Dave Gascon

    Chairman & Independent Director

    Chair of the Board → Chairman & Independent Director, 2024

    On filings since 2020

    1 hr/week

    No compensation reported

  • Leslie Adams

    High Performance Director

    On filings since 2023

    40 hrs/week

    $114K (2023) → $131K (2024)

  • Dan Eddingfield

    Vice Chair & Independent Director

    Member → Vice Chair, 2023

    Vice Chair → Vice Chair & Independent Director, 2024

    On filings since 2020

    1 hr/week

    No compensation reported

  • Dave Farnsworth

    Treasurer

    On filings since 2020

    1 hr/week

    No compensation reported

  • Jason Baumann

    Member

    On filings since 2020

    1 hr/week

    No compensation reported

  • Keven Ellison

    Member

    On filings since 2020

    1 hr/week

    No compensation reported

  • Ginaia Kelly

    Member

    On filings since 2021

    1 hr/week

    No compensation reported

  • Michelle Palmer

    Member

    On filings since 2021

    1 hr/week

    No compensation reported

  • Sarah Morrison

    Secretary

    Member → Secretary, 2023

    On filings since 2021

    1 hr/week

    No compensation reported

  • Lewis Fellinger

    Member

    On filings since 2023

    1 hr/week

    No compensation reported

  • Jack Ryan

    Member

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • Krysta Palmer

    Member

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • Molly Van Wagenen

    Member

    New on the 2024 filing

    1 hr/week

    No compensation reported

Former officers (15)
  • Former: Mark Anderson (2020–2024) — Member · Filing note: Thru 123124
  • Former: Steven Lobue (2021–2024) — Member · Filing note: Thru 123124
  • Former: Samantha Pickens (2023–2024) — Member · Filing note: Thru 123124
  • Former: Lauren Reedy (2020–2023) — Member
  • Former: Preston McAfee (2020–2023) — Member
  • Former: Ben Bramley (2021–2023) — Member
  • Former: Sandy Searcy (2020–2022) — Secretary
  • Former: Amelia Magana (2021–2022) — Member
  • Former: Olivia Rosendahl (2020–2021) — Member-Term
  • Former: Dan Laak (2021) — High Performance Director
  • Former: Alison Alfers (2020) — Member
  • Former: Joe Chirico (2020) — Member
  • Former: Megan Neyer (2020) — Member
  • Former: Michele Mitchell (2020) — Member
  • Former: Peter Ban (2020) — Member

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2024 IRS filing

Lee Michaud — President: $238KLee MichaudPresident$238KLeslie Adams — High Performance Director: $131KLeslie AdamsHigh Performance Director$131K

The highest reported compensation on the 2024 filing was $238K, to Lee Michaud (President). 2 officers or directors reported compensation on that filing.

Frequently asked questions about USA Diving Inc

How large is USA Diving Inc?

USA Diving Inc reported $1.9M in total assets on its 2024 IRS Form 990 filing. Its revenue that year was $4.6M.

Where does USA Diving Inc operate?

USA Diving Inc has awarded grants in Michigan, Minnesota, Virginia.

What is USA Diving Inc's EIN?

USA Diving Inc's EIN (Employer Identification Number) is 31-0986868. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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