Thursday, January 29, 2009

This is nuts!

A good read that'll piss you off.

2007 USA Cycling 990 Tax Return

$13,323,525: Total annual revenue
$8,252,159: Total annual expenses
$2,960,768: Compensation, salary, and benefits to USA Cycling officers and employees
$3,990,159: End of year savings and temporary cash investment assets
$4,077,991: Short term investment assets
$100,096 : Total cash grants to organizations and individuals
$70,000: Cash grant provided to BMX Program
$16,716: Largest non-cash grant, to BMX Program for "BMX Gate"

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