USA CYCLING AND THE USA CYCLING DEVELOPMENT FOUNDATION 2013 ANNUAL REPORT Jeremy Powers and James Driscoll power up a climb at the 2013 UCI Cyclo-cross World Championships in Louisville, Ky. (Rob Jones) 1 MESSAGE FROM THE CEO Dear USA Cycling Members and Friends: 2013 was a very busy and exciting year for USA Cycling. In addition to supporting more than 710,000 racing days across all five disciplines of cycling, we successfully hosted the first-ever UCI Cyclo-cross World Championships to be held outside of Europe, opened a new European training hub in Holland, and launched our RaceClean and SafeSport programs. More than 62,000 members purchased 75,000 USA Cycling racing or support licenses in 2013. With over 2,700 clubs and 3,100 sanctioned events in the United States, the sport of cycling has never been more accessible to athletes of all ages and abilities. Not only is the competitive cycling scene strong on the home front, but Team USA Cycling athletes continued to maintain their status as a powerhouse nation overseas, as evidenced by the 152 world championship medals collected by U.S. cyclists in 2013. Thirteen of those medals came from our junior and elite athletes, while an additional 120 were brought home from amateur world championships and 19 from para-cycling competition. As our nation’s top athletes were climbing onto podiums around the world, the next generation of great American cyclists was busy logging more than 4,500 training and racing days in USA Cycling’s European-based National Development Program. Historically, 2013 was one of the best years for our development athletes, with overall wins at the Giro Rosa, Tour du Pays de Vaud, and Tour de l’Abitibi. As we celebrate the continuing international success of our elite and development athletes, we are also looking forward to a bright future at home as our more than 62,000 racing members continue to explore their own personal passion for this great sport by racing in our more than 3,100 local, regional and national events. Toward that end, I would like to wish all of you the best of luck and skill in the upcoming racing season; and also extend a special thanks to all of our donors and supporters of the USA Cycling Development Foundation who continue to play an important role in our ability to develop the next generation of American champions.

Yours in cycling,

Steve Johnson President & CEO, USA Cycling Young riders fight for national titles at the 2013 USA Cycling Juniors 2 Track National Championships in Trexlertown, Pa. (Todd Leister)

BOARD OF DIRECTORS AND SPORT COMMITTEES USA CYCLING BOARD OF DIRECTORS Steve Johnson–USA Cycling President & Chief Executive Officer Bill Peterson–Chairman, Professional Committee Representative Mark Abramson–Vice Chairman, Collegiate Committee Representative Wayne Stetina–Road Committee Representative John Bucksbaum–Development Foundation Representative Matt Barger–Development Foundation Representative Michael E. Patterson–Development Foundation Representative David Helfrich–Development Foundation Representative Timmy Duggan–Professional Committee Representative Gina Kavesh–Road Committee Representative Dorothy Nichols–Mountain Bike Committee Representative Mike Day–BMX Committee Representative Clayton John–BMX Committee Representative Lea Davison–Mountain Bike Committee Representative Tom Mains–Cyclo-cross Committee Representative Adam Duvendeck–Track Committee Representative James Carney–Track Committee Representative Jonathan Heiliger–At-large Representative Alex Nieroth–At-large Representative Nancy Leon–At-large Representative Bob Stapleton–At-large Representative 3

ROAD COMMITTEE BMX COMMITTEE  • At-large, Laurel Green • Membership Group Representative, • Industry, Karen Bliss B.A. Anderson • Local Association Representative, • At-large, Clayton John Christopher Smith • Eligible Athlete (M), Mike Day • Eligible Athlete, Kendra Wenzel • Commissaire, John Pingol • Commissaire, Bonnie Walker • Coach, Jeff Glynn • Race Director, Dieter Drake • Eligible Athlete (F), Arielle Martin • Coach, Hunter Allen • Industry, Steve Spencer • Eligible Athlete, Lang Reynolds COLLEGIATE COMMITTEE • Masters Athlete, Gina Kavesh  • At-large, Mark Abramson MOUNTAIN BIKE COMMITTEE • At-large, Gary Hunter • UCI Race Director, Don Edberg • Eligible Athlete (M), Blake Anton • Team Director, Jon Rourke • Eligible Athlete (F), Irene Hurst • XC Eligible Athlete, Stephen Ettinger • Commissaire, Bill Wykoff • Industry, Dorothy Nichols • Club President, Christian DiCenso • Endurance Race Director, • Varsity Team Director, Dean Peterson Jeffrey Frost TRACK COMMITTEE • Gravity Athlete, Joanna Petterson  • Eligible Athlete (F), Cari Higgins • Commissaire, Don Russell • Commissaire, Dave Miller • At-large, Mitchell Hoke • Eligible Athlete (M), James Carney • Gravity Race Director, • At-large, Norrene Godfrey Daniel McDonald • Race/Venue Director/Manager, • Coach, Travis Woodruff Adam Duvendeck • XC Eligible Athlete, Lea Davison • Team Director, Dena Eaton PROFESSIONAL COMMITTEE • Coach, Mark Tyson • UCI Race Director, Chris Aronhalt • Local Association Representative, • At-large, Ray Cipollini David Mitchell • NRC Race Director, John Eustice CYCLO-CROSS COMMITTEE • Eligible Athlete (M), Timmy Duggan • Commissaire, Dorothy Abbott • Eligible Athlete (M), Jesse Anthony • At-large, Stuart Thorne • UCI Pro Team Director, • UCI Race Director, Brook Watts Jackson Stewart • Coach, Mark Fasczewski • UCI Team Director, Danny Van Haute • Local Association Representative, • International Commissaire, Tom Mains Randy Shafer • Eligible Athlete (M), Tim Johnson • Women’s Team Director, Rachel Heal • Eligible Athlete (F), Katie Compton • Eligible Athlete (F), Alison Tetrick • Masters Athlete, Pete Webber • Industry, Matt Shriver 4 OUR VISION AND MISSION Vision The vision of USA Cycling is to make the United States of America the most successful country in the world of competitive cycling.

Mission The mission of USA Cycling is to achieve sustained success in international cycling competition and grow competitive cycling in America while delivering an exceptional customer experience.

The peloton heads toward Mt. Bachelor during the 2013 USA Cycling Masters Road National Championships in Bend, Ore. (Matthew Lasala) 5 WHO WE ARE AND WHAT WE DO Recognized by the United States Olympic Committee (USOC) and the Union Cycliste Internationale (UCI), USA Cycling is the official national governing body for all disciplines of competitive cycling in the United States, including road, track, mountain bike, BMX, and cyclo-cross. USA Cycling is a membership-based organization that strives to grow the sport domestically and also foster the identification, development, and support of American cyclists in international competition. Sources of revenue for USA Cycling include annual license fees, permit fees, event surcharges, grants from the USA Cycling Development Foundation and the United States Olympic Committee, corporate sponsorship, and generous gifts from individual donors. Unlike most other national cycling federations across the globe, USA Cycling receives no government funding.

Sustaining International Success To meet its goals of identifying and developing world-class cycling talent, USA Cycling maintains a proven athlete development pipeline for men and women in all disciplines of competitive cycling. This pipeline consists of several programs, including regional and national talent identification camps, instructional clinics, European-based programming, direct athlete funding initiatives, and access to superlative equipment, facilities, and coaching. Additionally, USA Cycling is responsible for the selection and organization of national teams which represent the United States at major international events like the Olympic Games, World Championships, Pan American Games, Continental Championships, and World Cup races.

Growing Cycling in America As a membership-based organization, USA Cycling is comprised of clubs and teams, officials, coaches, mechanics, race directors, and competitive cyclists of all ages and abilities across the sport’s five disciplines.

In an effort to grow the sport on the domestic front, USA Cycling supports grassroots initiatives at the local level by reinvesting a significant portion of its membership dollars into its 34 local associations. The national governing body also works to grow the sport by providing regulation, education, and structure; working with a comprehensive network of certified coaches and officials; administering eight national-level calendars; and managing 18 national championship events for all ages and skill levels.

Keeping Cycling Clean and Safe In order to grow a healthy sport that provides positive experiences for all involved, USA Cycling is committed to ensuring a clean and level playing field, promoting athlete well- being, and protecting athletes from abuse. USA Cycling has implemented two programs to meet these goals: RaceClean and Safesport. The RaceClean program focuses on ensuring clean sport by increasing not only education, but also the frequency and effectiveness of in-competition and out-of-competition drug testing at all levels of competitive cycling in the United States. SafeSport works to reduce risk for athletes and to prevent adverse experiences for youth by growing awareness of misconduct, abuse, and drug use in cycling and by empowering participants to act when they witness unsafe behavior. 6 USA CYCLING MEMBERSHIPS The popularity of the sport is due largely to a strong selection of domestic races, a dedicated group of local associations and grassroots organizers, and a committed network of volunteers and staff. Here is a look at USA Cycling’s growth patterns:

Licenses Members Event Sanctions Clubs 2002 42,724 1,969 2003 44,325 (+3.7%) 1,933 (-1.8%) 2004 48,990 (+10.5%) 2,132 (+10.2%) 1,438 2005 54,281 (+10.8%) 47,108 2,204 (+3.4%) 1,575 (+9.5%) 2006 59,537 (+9.7%) 51,537 (+9.4%) 2,280 (+3.4%) 1,970 (+25.0%) 2007 61,594 (+3.5%) 51,943 (+1%) 2,473 (+8.5%) 2,050 (+4.0%) 2008 62,323 (+1.2%) 52,834 (+1.7%) 2,535 (+2.5%) 2,120 (+3.4%) 2009 65,845 (+5.6%) 55,866 (+5.7%) 2,638 (+4.0%) 2,219 (+4.7%) 2010 69,771 (+5.9%) 59,158 (+5.9%) 2,933 (+11%) 2,414 (+8.8%) 2011 70,829 (+1.5%) 59,943 (+1.3%) 3,026 (+3.2%) 2,569 (+6.4%) 2012 74,516 (+5.2%) 63,303 (+5.6%) 3,138 (+3.7%) 2,757 (+7.3%) 2013 75,303 (+1.1%) 62,828 (-1%) 3,105 (-1%) 2,760 (+.001%)

About Our Members USA Cycling’s membership is comprised of not only competitive cyclists, but also of licensed coaches, officials, race directors, and mechanics. Here’s a breakdown of who our members are:

Total 2013 USA Cycling Licensees 75,303 BMX Riders 192 BMX Coaches 28 International Licensees 3,347 Collegiate Riders 4,576 Mountain Bike Riders 15,378 Road, Track & Cyclo-cross Riders 46,612 Officials 1,604 Mechanics 282 Coaches 1,372 Professional Riders 355 Race Directors 1,557 7 STATES CA MA

CO VA

13.9% TX NJ

MEMBERSHIPS 6.9% 26.9% NY WI

6.4% % BY WA MI 2.1% STATE 2.3% PA AZ 5.4% 2.3% 2.3% 2.4% 4.1% 2.5% IL UT 2.5% 2.7%

4% 3.1% 3.5% NC OH 3.4%

3.3%

FL GA

OTHER

AGE GROUPS

35-44

45-54

1.4% 8% 25-34 7.6%

28% 19-24

11% % BY 10-18 AGE 55-64

23% 65-74 21% 90+=0%

75-89=0%

0-9=0% 8

USA Cycling’s Risk Protection Manager, Jon Whiteman, explains the new SafeSport education requirements to Local Association representatives. (Casey B. Gibson)

GRASSROOTS CYCLING INITIATIVES Local Associations Each year, USA Cycling supports grassroots cycling initiatives at the local level through 34 Local Associations comprised of passionate volunteers that drive local racing across the country. USA Cycling’s Local Associations are in the best position to monitor, implement, and manage cycling programs specific to local environments. Through these local entities, USA Cycling annually reinvests a significant portion of its membership dollars into locally-driven programs. Since 2003, USA Cycling has given more than $3.8 million to its Local Associations for the betterment of competitive cycling across the country. Each Local Association determines exactly where to invest its financial allocation to best meet the needs of its members. 9 Based on 2013 license sales, USA Cycling distributed the following funds to its Local Associations:

Alabama Cycling Association: $ 2,240 Arizona Bicycle Racing Association: $ 11,140 Arkansas Bicycle Coalition: $ 2,780 Carolinas Cycling Association: $ 6,055 Bicycle Racing Association of Colorado: $ 17,795 Florida Bicycle Racing Association: $ 15,035 Georgia Bicycle Racing Association: $ 9,140 Illinois Cycling Association: $ 16,900 Indiana/Kentucky Cycling Association: $ 10,235 Iowa Bicycle Racing Association: $ 5,240 Kansas Cycling Association: $ 4,650 Louisiana Bicycle Racing Association: $ 4,515 Michigan Bicycle Racing Association: $ 9,000 Mid-Atlantic Bicycle Racing Association: $ 16,965 Minnesota Cycling Federation: $ 7,645 Missouri Bicycle Racing Association: $ 8,180 Montana Bicycle Racing Association: $ 1,720 Nebraska Cycling Association: $ 1,425 New England Bicycle Racing Association: $ 29,040 New Jersey Bicycling Association: $ 11,355 New Mexico Bike Racing Association: $ 4,405 New York State Bicycle Racing Association: $ 27,055 Northern California/Nevada Cycling Association: $ 38,850 Ohio Cycling Association: $ 11,195 Bicycle Racing Association of Oklahoma: $ 29,980 Pennsylvania Cycling Association: $ 16,315 Southern California/Nevada Cycling Association: $ 34,675 Southwest Idaho Cycling Association: $ 3,375 Tennessee Bicycle Racing Association: $ 7,085 Texas Bicycle Racing Association: $ 27,975 Utah Cycling Association: $ 12,320 Virginia Cycling Association: $ 5,790 Washington State Bicycle Association: $ 19,050 Wisconsin Cycling Association: $ 9,230 TOTAL 2013 LOCAL ASSOCIATION SUPPORT: $438,355

Mountain Bike Race Organizer Incentive Program INITIATIVES In addition to the rebates paid out to Local Associations, USA Cycling also provides incentives specifically to groups that organize mountain bike events and/or series. In an effort to support and grow the mountain biking community, race organizing entities have the opportunity to qualify for a rebate pool which is based on USA Cycling license sales and number of racer days in the organizer’s respective state.

In 2013, 167 organizing groups qualified for the rebate pool of $30,714. With the addition of the 2013 rebate pool, USA Cycling has made more than $170,000 available since the incentive program began in 2007. Veda GerasimekVeda opened a gap right from the gun win the to junior women’s 13-14 cross-country race at the 2013 USA Cycling Cross-country Mountain Bike National Championships in Macungie, Pa. (Bill Schieken) 10 USA CYCLING CLUBS USA Cycling’s 2,700+ affiliated clubs and teams provide amateur cyclists with fun, social and competitive environments in which to participate in the sport of bike racing. At the end of the year, USA Cycling recognized 11 “Club of the Year” recipients for outstanding programs that support USA Cycling’s mission. Clubs are judged on key areas, including race promotion, membership composition, instructional clinics and seminars, club activities, charitable contributions, and racing performance. Congratulations to the 2013 “Club of the Year” winners:

2013 USA Cycling Club of the Year Recipients Division I Club of the Year: xXx Racing (Chicago, Ill.) Division II Club of the Year: Northwest Cycling Club (Houston, Texas) Division III Club of the Year: Riptide Cycling (Cream Ridge, N.J.) Juniors/Interscholastic Club of the Year: Team Velosport Club (Irvine, Calif.) Collegiate Club of the Year: Marian University (Indianapolis, Ind.) Masters Club of the Year: Cross Creek Cycling (Fayetteville, N.C.) Mountain Bike Club of the Year: Whole Athlete (San Anselmo, Calif.) Best New Club of the Year: Paradise Garage Racing (Columbus, Ohio) Women’s Club of the Year: Sound VELO Cycling Club/Team Group Health (Seattle, Wash.) Cyclo-cross Club of the Year: Western Howard County Cycling (Woodbine, Minn.)

Chicago’s xXx Racing won the 2013 Division I Club of the Year award. 11 COLLEGIATE CYCLING Collegiate Cycling is the division of USA Cycling responsible for administering competitive bicycle racing in 11 unique collegiate conferences, each of which is managed by a volunteer conference director that coordinates racing seasons for track, mountain bike, cyclo-cross, road, and BMX. USA Cycling conducts national championships for student-athletes across all five of these disciplines and recognizes collegiate athlete achievements with the Stenner and Kuck scholarships each December. Registered as both club and varsity teams with USA Cycling, collegiate cycling serves as an athlete development pipeline for professional and national teams by providing opportunities to compete at the highest level while still earning a college degree.

COLLEGIATE CYCLING BY THE NUMBERS IN 2013:

269 13 6

Collegiate Cycling Officially Recognized Varsity Emerging Varsity Programs Club Teams Collegiate Cycling Teams

193 4,576

Sanctioned Collegiate USA Cycling Collegiate Cycling Events Cycling Licensees 12

USA Cycling’s Coaching Education and Athlete Development Director, Kevin Dessart, leads a power-based clinic in Colorado Springs. (Mark Mager)

USA CYCLING COACHING PROGRAM With 1,400 licensed coaches nationwide, the USA Cycling coaching certification process begins with an online examination that covers the basic fundamentals of cycling-specific principles, and results in Level-3 certification. Licensed coaches progress through the ranks by attending additional instructional clinics designed to further their knowledge base, eventually attaining Level-2 status, followed by Level-1.

Throughout the year, USA Cycling conducts several other coaching education activities such as online webinars, seminars, and specialty clinics. These activities are designed for educating coaches at various levels of certification, training them for specialty certifications, or simply providing the coaching community with unparalleled instruction and the opportunity to network and share ideas with their peers. 13 USA CYCLING OFFICIALS PROGRAM Like all sports, competitive cycling needs officials to enforce the rules. USA Cycling’s Officials Program provides introduction and instruction to 1,600+ licensed officials around the country. To become an official, an individual must first attend one of USA Cycling’s official seminars, purchase a license and pass an examination. The initial seminar results in Level-C status and a basic understanding of road, track and mountain bike racing. After attaining Level-C status, officials can continue their progression by achieving Level-B, Level-A, National Commissaire, and International Commissaire designations. In addition to the general categories, USA Cycling also provides specialty instruction in order to become a motorcycle referee, track starter, or race secretary.

Congratulations to USA Cycling’s 2013 Officials of the Year: Randy Shafer–National Official of the Year Chris Constantino-East Region Official of the Year Steve Crews-Mountain Region Official of the Year Brett Griggs-Midwest Region Official of the Year Al Cronin-West Region Official of the Year Josie Strange-Southeast Region Official of the Year PROGRAM

National Commissaire Steve Crews works the 2013 USA Cycling Elite Timed Track National Championships. (Brian Hodes) 14 USA CYCLING MECHANICS PROGRAM The USA Cycling Mechanics Program was designed to build a community of mechanics that are qualified to provide the best possible support to American cycling athletes on both the national and international levels. In 2013, there were 282 licensed mechanics. In order to become a USA Cycling licensed mechanic, one must attend a USA Cycling Bill Woodul Mechanics Clinic.

The Bill Woodul Mechanics Clinic is held annually in Colorado Springs and is the only one of its kind in the world. (Mark Mager)

15 CONFERENCES & PROGRAM SUMMITS An important part of USA Cycling’s role in the cycling world is to bring together industry stakeholders for networking and continuing education opportunities. 2013 was no different with the national governing body organizing seven industry gatherings, most of which were held in the USA Cycling National Conference Center in Colorado Springs.

Officials Summit USA Cycling hosted the nation’s cycling officials at its biennial Officials Summit in March of 2013 in the National Conference Center. Ninety-two officials attended and benefitted from presentations on a wide range of topics with the overall themes being team building and enhancing the USA Cycling member experience.

Cyclo-cross Race Directors Summit The fourth annual Cyclo-cross Race Directors Summit was held in April of 2013 at USA Cycling’s National Conference Center in Colorado Springs. The summit doubled as a national/international level certification class and gave the participants the chance to learn about topics such as concussions, public relations, and economic impact reports.

Medicine of Cycling Conference USA Cycling once again collaborated with Medicine of Cycling and UC San Francisco for the fourth annual Medicine of Cycling Conference, held in August of 2013. The two-day event offered medical professionals a platform on which to collaborate and establish common standards of care for competitive cyclists.

Coaching Summit The annual Coaching Summit was held in November of 2013 at USA Cycling’s National Conference Center where certified coaches benefitted from a wealth of knowledge presented by leading experts in sport physiology, exercise science, team and individual coaching, nutrition, and athletes with disabilities.

Local Association Summit USA Cycling held its ninth annual Local Association Summit in November of 2013. The three-day conference attracted 40 grassroots leaders from 27 Local Associations around the nation to discuss the opportunities and obstacles faced in their respective areas and to learn from each other’s successes and failures.

USA Cycling Bill Woodul Race Mechanics Clinic The 2013 edition of the USA Cycling Bill Woodul Race Mechanics Clinic was held in November to give mechanics the opportunity to learn from industry experts, receive hands-on experience, and network with cycling industry leaders. It was the 27th edition of the one-of-a-kind clinic.

Race Directors Summit The sixth annual Race Directors Summit (for road, mountain, and track race directors) was held in November in Winston Salem, N.C. and also doubled as a national and international race director certification class. 16

The pro-1-2 women cross the finish line at the Chris Thater Memorial Criterium in Binghampton, N.Y. (Dave Williams/Beyond the Print)

USA CYCLING-SANCTIONED EVENTS With a healthy number of sanctioned events in our nation across all disciplines, it has never been easier to get involved with cycling no matter the age or ability level.

TOTAL 2013 USA CYCLING EVENT SANCTIONS 3,105 Road 1,730 Mountain Bike 626 Cyclo-cross 566 Track 166 BMX 17

When an event is permitted by USA Cycling, it gains access to USA Cycling’s low-cost insurance programs, an entry on the USA Cycling event calendar, access to USA Cycling’s online registration system as well as the only national results & rankings system, and an abundance of online tools. 17 2013 NATIONAL CALENDARS In 2013, USA Cycling showcased the top U.S. events with ten national calendars. With the exception of the Road Development Race Series (junior road calendar) and the American Mountain Bike Challenge (grassroots mountain biking calendar), these national calendars crowned overall champions as the seasons concluded. Congratulations to our 2013 national calendar champions!

National Racing Calendar (NRC) USA Cycling Pro Mountain Bike Me n’s Individual Champion: Ultra Endurance Tour (Pro UET) Francisco Mancebo Me n’s Individual Champion: Women’s Individual Champion: David “Tinker” Juarez Alison Powers Wom en’s Individual Champion: Men’s Team Champion: Serena Gordon Team Optum p/b USA Cycling Pro Cyclo-cross Kelly Benefit Strategies Calendar (CX) Women’s Team Champion: Me n’s Individual Champion: Team TIBCO – To the Top Jeremy Powers National Criterium Calendar (NCC) Wom en’s Individual Champion: Me n’s Individual Champion: Elle Anderson Hilton Clarke USA Cycling BMX Rankings Wom en’s Individual Champion: El ite Men’s Champion: Erica Allar Connor Fields Me n’s Team Champion: El ite Women’s Champion: UnitedHealthcare Alise Post Wom en’s Team Champion: Ju nior Men’s Champion: CARE4CYCLING p/b Solomon Corp Sean Gaian USA Cycling Pro Mountain Bike Ju nior Women’s Champion: Cross Country Tour (Pro XCT) Felicia Stancil Me n’s Individual Champion: National Track Calendar (NTC) Todd Wells Me n’s Sprint Champion: Wom en’s Individual Champion: Andrew Carlberg Lea Davison Wom en’s Sprint Champion: USA Cycling Pro Mountain Tela Crane Bike Gravity Tour (Pro GRT) Me n’s Endurance Champion: Men’s Individual Champion: Zachary Kovalcik Logan Binggeli Wom en’s Endurance Champion: Women’s Individual Champion: Sarah Hammer Anne Galyean 18 USA CYCLING NATIONAL CHAMPIONSHIP EVENTS Eighteen national championship events offered riders of all ages and abilities the opportunity to vie for national titles in 2013.

Jan. 9-13: USA Cycling Cyclo-cross July 25-28: USA Cycling Juniors Track National Championships–Madison, Wis. National Championships–Trexlertown, Pa. (Competitors: 1,133, Race Starts: 1,409) (Competitors: 207, Race Starts: 441) May 3-6: USA Cycling Collegiate Road July 27: USA Cycling Professional Criterium National Championships–Ogden, Utah National Championships–High Point, N.C. (Competitors: 412 Race Starts: 1,011) (Competitors: 87, Race Starts: 87) May 18: USA Cycling Elite BMX July 30-Aug. 4: USA Cycling Masters Track National Championships–Chula Vista, Calif. National Championships–Indianapolis, Ind (Competitors: 37, Race Starts: 37) (Competitors: 324, Race Starts: 1,117) May 25-27: Volkswagen USA Cycling Aug. 2-4: USA Cycling Gravity Mountain Bike Professional Road & Time Trial National National Championships–Angel Fire, N.M. Championships–Chattanooga, Tenn. (Competitors: 315, Race Starts: 392) (Competitors: 196, Race Starts: 278) Aug. 9-11: USA Cycling Elite Timed Track June 1: USA Cycling Amateur BMX National Championships–Carson, Calif. National Championships–Nashville, Tenn. (Competitors: 132, Race Starts: 253) (Competitors: 1,235, Race Starts: 1,235) Aug. 22-24: USA Cycling Elite Mass Start Track June 15-16: USA Cycling 24-Hour Mountain Bike National Championships–Rock Hill, S.C. National Championships–Gallup, N.M. (Competitors: 81, Race Starts: 182) (Competitors: 278, Race Starts: 278) Sept. 4-8: USA Cycling Masters Road July 3-7: USA Cycling Amateur & Para-cycling National Championships–Bend, Ore. Road National Championships–Madison, Wis. (Competitors: 794, Race Starts: 1,419) (Competitors: 1,013, Race Starts: 2,414) Sept. 19-22: USA Cycling Collegiate Track July 6: USA Cycling Marathon Mountain Bike National Championships–Colorado Springs, Colo. National Championships–Sun Valley, Idaho (Competitors: 178, Race Starts: 734) (Competitors: 318, Race Starts: 318) Oct. 25-27: USA Cycling Collegiate Mountain Bike July 18-21: USA Cycling Cross-country Mountain Bike National Championships–Beech Mountain, N.C. National Championships – Bear Creek Resort, Pa. (Competitors: 314, Race Starts: 800) (Competitors: 1,023, Race Starts: 1,450)

The gate drops at the 2013 USA Cycling Elite BMX National Championships in Chula Vista, Calif. (Jerry Landrum) 19 USA CYCLING INTERNATIONAL CHAMPIONSHIP EVENTS MEDALISTS American cyclists collected 152 medals at world championship competitions in 2013. Thirteen of those medals were in the elite or junior ranks while 120 were earned by amateurs and another 19 by para-cyclists. The breakdown of the medals was 64 golds, 45 silvers, and 43 bronzes. Congratulations to all of our 2013 world championship medalists!

Rick Abbott (1): SILVER–Men 65-69, UCI Masters Victor Copeland (4): GOLD-Men 70-74 Sprint, GOLD- Cyclo-cross World Championships Men 70-74 Time Trial, Brian Abers (2): BRONZE–Men 45-49 Sprint, SILVER Men 70-74 Points Race, BRONZE-Men 45-49 Time Trial, UCI Masters SILVER Men 70-74 Scratch Race, Track World Championships UCI Masters Track World Championships Reid Austin (1): GOLD-12-and-under Boys Julie Cutts (2): GOLD-Women’s 45-49 Road Race, Cruiser Class, UCI BMX World Challenge GOLD-Women’s 45-49 Time Trial, UCI World Cycling Tour Final Melissa Barker (1): SILVER-Women 35-39, UCI Masters Cyclo-cross World Championships Kalvin Davis (1): BRONZE-Men 17-24 Challenge Class, UCI BMX World Challenge Monica Bascio (2): GOLD-Women’s H3 Time Trial, GOLD-Women’s H3 Road Race, UCI Para-cycling Road Marianna Davis (3): GOLD-Women’s H2 Time Trial, World Championships GOLD-Women’s H2 Road Race, SILVER-Team Relay (with William Lachenauer and Oscar Sanchez), UCI Melinda Berge (2): SILVER-Women’s 65+ Road Race, Para-cycling Road World Championships BRONZE-Women’s 65+ Time Trial, UCI World Cycling Tour Final Connor Defrain (1): BRONZE-9 Boys Challenge Class, UCI BMX World Challenge Kristal Boni (1): GOLD–Women 35-39, UCI Masters Cyclo-cross World Championships Carly Dyar (2): SILVER-Women 17+ Challenge Class, GOLD-17-29 Women Cruiser Class, UCI BMX World Alicia Brelsford (2): BRONZE-Women’s H2 Time Trial, Challenge BRONZE-Women’s H2 Road Race, UCI Para-cycling Road World Championships Richard Feldman (1): GOLD-Men’s 40-44 Time Trial, UCI World Cycling Tour Final Karen Brems (1): GOLD-Women 50-54, UCI Masters Cyclo-cross World Championships Connor Fields (1): GOLD-Elite Men Time Trial Superfinal, UCI BMX World Championships David Brinton (2): SILVER-Men Team Pursuit (with Daniel Casper, Timothy Mulrooney, and James Tainter), Megan Fisher (2): GOLD-Women’s C4 Time Trial, BRONZE-Men 45-49 Individual Pursuit, UCI Masters GOLD-Women’s C4 Road Race, UCI Para-cycling Road Track World Championships World Championships Jane Burlew (1): BRONZE-Women 35-39, UCI Masters Cheryl Fuller-Muller (3): GOLD-Women 40-44 Scratch Cyclo-cross World Championships Race, BRONZE-Women 40-44 Individual Pursuit, BRONZE-Women Team Sprint (with Gea Johnson), UCI Susan Butler (1): GOLD–Women 40-44, UCI Masters Masters Track World Championships Cyclo-cross World Championships Sean Gaian (2): GOLD-Junior Men Supercross, SILVER- Jon Cariveau (1): SILVER-Men 45-49, UCI Masters Junior Men Time Trial Superfinal, UCI BMX World Cyclo-cross World Championships Championships Daniel Casper (2): GOLD-Men 45-49 Individual Pursuit, Patrick Gellineau (3): SILVER-Men 60-64 Scratch Race, SILVER-Men Team Pursuit (with David Brinton, Timothy BRONZE-Men 60-64 Pursuit, BRONZE-Men 60-64 Mulrooney, and James Tainter) UCI Masters Track World Scratch Race, UCI Masters Track World Championships Championships Shannon Gibson (1): SILVER –Women 45-49, UCI Katie Compton (1): SILVER-Elite Women, UCI Cyclo- Masters Cyclo-cross World Championships cross World Championships Shay Glynn (1): SILVER-Junior Women Supercross, UCI BMX World Championships 20 Michael Gonzales (2): GOLD-14 Boys Challenge Dane Morales (1): GOLD-7 Boys Challenge Class, Class, GOLD-13-14 Boys Cruiser Class, UCI BMX UCI BMX World Challenge World Challenge Zeke Mostov (1): BRONZE-Junior Men’s Time Trial, William Groulx (2): SILVER-Men’s H1 Road Race, UCI Road World Championships BRONZE-Men’s H1 Time Trial, UCI Para-cycling Road Timothy Mulrooney (1): SILVER-Men Team Pursuit World Championships (with David Brinton, Daniel Casper, and James Tainter), Sarah Hammer (2): GOLD-Elite Women Individual UCI Masters Track World Championships Pursuit, GOLD-Elite Women Omnium, UCI Track Donald Myrah (1): GOLD-Men 45-49, UCI Masters World Championships Cyclo-cross World Championships Thomas Hayles (1): BRONZE–Men 55-59, UCI Greta Neimanas (2): GOLD-Women’s C5 Time Trial, Masters Cyclo-cross World Championships BRONZE-Women’s C5 Road Race, UCI Para-cycling Samantha Heinrich (1): BRONZE-Women’s C5 Time Road World Championships Trial, UCI Para-cycling Road World Championships Harold Parker (1): BRONZE –Men 60-64, UCI Masters Colin Hudson (1): GOLD-16 Boys Challenge Class, Cyclo-cross World Championships UCI BMX World Challenge Anne Perry (1): GOLD Women’s 40-44 Road Race, Gea Johnson (3): GOLD-Women 45-49 Sprint, UCI World Cycling Tour Final GOLD-Women 45-49 Time Trial, Lillian Pfluke (1): SILVER-Women 50-54, UCI Masters BRONZE-Women Team Sprint (with Cheryl Fuller- Cyclo-cross World Championships Muller), UCI Masters Track World Championships Kohl Piluso (1): SILVER-10 Boys Challenge Class, Allison Jones (2): GOLD-Women’s C2 Time Trial, UCI BMX World Challenge GOLD-Women’s C2 Road Race, UCI Para-cycling Alise Post (1): SILVER-Elite Women Time Trial Road World Championships Superfinal, UCI BMX World Championships Patricia Kaufmann (1): SILVER-Women 55+, Justin Robinson (1): BRONZE-Men 35-39, UCI Masters Cyclo-cross World Championships UCI Masters Cyclo-cross World Championships Aaron Keith (1): GOLD-Men’s C2 Time Trial, UCI Mark Rodamaker (3): SILVER-Men 65-69 Sprint, Para-cycling Road World Championships BRONZE-Men 65-69 Scratch Race, BRONZE-Men 65- Henry Kramer (1): GOLD –Men 55-59, UCI Masters 69 Time Trial, UCI Masters Track World Championships Cyclo-cross World Championships Richard Rude (1): GOLD-Junior Men Downhill, William Lachenauer (1): SILVER-Team Relay UCI Mountain Bike World Championships (with Marianna Davis and Oscar Sanchez)-UCI Joe Saling (1): BRONZE –Men 70+, UCI Masters Para-cycling Road World Championships Cyclo-cross World Championships Antonia Leal (1): GOLD-Women 45-49, UCI Masters Oscar Sanchez (1): SILVER-Team Relay (with William Cyclo-cross World Championships Lachenauer and Marianna Davis), UCI Para-cycling Road Douglas Long (1): SILVER –Men 60-64, UCI Masters World Championships Cyclo-cross World Championships Kathy Sarvary (1): GOLD –Women 55+, UCI Masters Keith Macbeth (2): GOLD-Men 60-64 Sprint, Cyclo-cross World Championships GOLD-Men 60-64 Time Trial, UCI Masters Track Geraldine Schulze (1): BRONZE-Women 45-49, World Championships UCI Masters Cyclo-cross World Championships Lisa Magness (2): SILVER-Women’s 50-54 Road Race, Reid Schwartz (1): SILVER-Men 65-69 Time Trial, BRONZE-Women’s 50-54 Time Trial, UCI World Cycling UCI Masters Track World Championships Tour Final Jordan Scott (1): SILVER-12 Girls Challenge Class, Brianne Marshall (1): SILVER –Women 30-34, UCI BMX World Challenge UCI Masters Cyclo-cross World Championships Julian Scott (1): SILVER-11 Boys Challenge Class, Kevin McConnell (1): SILVER-Men 30-34, UCI BMX World Challenge UCI Masters Cyclo-cross World Championships Marti Shea (2): GOLD-Women’s 50-54 Road Race, Jamie McHenry (1): SILVER-11 Girls Challenge Class, GOLD-Women’s 50-54 Time Trial, UCI World Cycling UCI BMX World Challenge Tour Final Jason Meidhof (2): GOLD-Men 35-39 Points Race, Brian Sheedy (1): SILVER-Men 35-39, UCI Masters SILVER-Men 35-39 Individual Pursuit, UCI Masters Cyclo-cross World Championships Track World Championships Randy Shields (1): SILVER–Men 55-59, UCI Masters Leo Menestrina (4): GOLD-Men 70-74 Individual Cyclo-cross World Championships Pursuit, SILVER-Men 70-74 Sprint, SILVER-Men 70-74 Time Trial, BRONZE-Men 70-74 Scratch Race, Gunnar Shogren (1): BRONZE –Men 50-54, UCI Masters Track World Championships UCI Masters Cyclo-cross World Championships Ann Marie Miller (2): GOLD-Women’s 55-59 Carmen Small (1): BRONZE-Elite Women’s Time Trial, Road Race, GOLD-Women’s 55-59 Time Trial, UCI Road World Championships UCI World Cycling Tour Final 21

Mark Sommers (1): GOLD-Men 55-59 Scratch Race, Allen Vugrinicic (1): BRONZE- UCI Masters Track World Championships Men 40-44 Time Trial, UCI Masters Track Linda Sone (1): BRONZE-Women 40-44, UCI Masters World Championships Cyclo-cross World Championships James Wagner (1): GOLD – Felicia Stancil (2): GOLD-Junior Women Time Trial Men 70+, UCI Masters Cyclo-cross Superfinal, GOLD-Junior Women Supercross, UCI BMX World Championships World Championships Marie Walsh (1): BRONZE-Women’s 35-39 Cross- Grace Stevenson (1): SILVER-8 Girls Challenge Class, country, UCI Masters Mountain Bike UCI BMX World Challenge World Championships Russell Stevenson (1): GOLD –Men 35-39, UCI Masters Dana Walton (2): GOLD-Women 40-44 Sprint, Cyclo-cross World Championships SILVER-Women 45-49 Points Race, UCI Masters Track World Championships Kari Studley (1): GOLD –Women 30-34, UCI Masters Cyclo-cross World Championships Kristin Weber (1): SILVER –Women 40-44, UCI Masters Cyclo-cross World Championships Brendan Sullivan (2): GOLD-Men’s 50-54 Time Trial, GOLD-Men’s 50-54 Road Race, UCI World Cycling Jamie Whitmore (2): GOLD-Women’s C3 Time Trial, Tour Final GOLD-Women’s C3 Road Race, UCI Para-cycling Road World Championships James Tainter (2): SILVER-Men 45-49 Individual Pursuit, (1): SILVER-Men Team Pursuit (with David Michael Williams (3): GOLD-Men 70-74 Scratch Race, Brinton, Daniel Casper, and Timothy Mulrooney), SILVER-Men 70-74 Individual Pursuit, UCI Masters Track World Championships BRONZE-Men 70-74 Sprint, UCI Masters Track World Championships Matt Thompson (1): SILVER-Men’s 40-44 Downhill, UCI Masters Mountain Bike World Championships Rebecca Williams (1): BRONZE-Women 55+, UCI Masters Cyclo-cross World Championships Amy Thornquist (1): BRONZE-Women’s 40-44 Time Trial, UCI World Cycling Tour Final Andrea Wilson (1): BRONZE –Women 30-34, UCI Masters Cyclo-cross World Championships Stephen Tilford (1): GOLD-Men 50-54 Cyclo-cross, UCI Masters Cyclo-cross World Championships Jay Wolkoff (2): SILVER-Men 55-59 Sprint, SILVER-Men 55-59 Scratch Race, UCI Masters Karen Tripp (1): BRONZE-Women 50-54, UCI Masters Track World Championships Cyclo-cross World Championships Bonnie Woodbury (3): SILVER-50-54 Individual Thomas Turner (1): GOLD-Men 30-34, UCI Masters Pursuit, BRONZE-55-59 Sprint, BRONZE-55-59 Cyclo-cross World Championships Time Trial, UCI Masters Track World Championships Tara Unverzagt (5): GOLD-Women 50-54 Individual Buffie Wuestewald (2): SILVER 45-49 Sprint, Pursuit, GOLD-Women 50-54 Points Race, GOLD- BRONZE 45-49 Time Trial, UCI Masters Track Women 50-54 Scratch Race, GOLD-Women 50-54 World Championships Time Trial, SILVER-Women 50-54 Sprint, UCI Masters Track World Championships Wil Zegers (2): BRONZE-Men 50-54 Sprint, BRONZE-Men 50-54 Time Trial, UCI Masters Molly Van Houweling (1): SILVER-Women’s 40-44 Track World Championships Time Trial, UCI World Cycling Tour Final Richard Voss (2): BRONZE-Men 55-59 Sprint, BRONZE-Men 55-59 Time Trial, UCI Masters Track World Championships

Left: Carmen Small time trialed her way to the bronze medal at the 2013 UCI Road World Championships. (Casey B. Gibson). Right: Sarah Hammer earned world titles in the individual pursuit and omnium at the 2013 UCI Track World Championships. (Hennes Roth) 22 ATHLETICS & THE USA CYCLING NATIONAL DEVELOPMENT PATHWAY Thanks to the support of the USA Cycling Development Foundation, USA Cycling is able to maintain a proven development pathway for men and women in all of the sport’s disciplines.

The goal of USA Cycling’s National Development Program is to provide promising young athletes with the tools they need to excel at the highest levels of professional cycling, including opportunities to race against the world’s best talent while receiving support from world-class coaches, mechanics, and soigneurs. To meet these goals, USA Cycling provides a structured pathway to the top tier of the sport, beginning with junior racing series and moving all the way up to international competition.

In 2013, the following initiatives were part of USA Cycling’s National Development Program:

Men’s Endurance Program The men’s endurance program aims to provide opportunities for U23 athletes to live and race in Europe so that they can receive maximum exposure to the European races and lifestyle. In 2013, 25 riders participated in the program for a total of 540 race days. Two riders graduated to Pro Tour teams and another three riders to Domestic Continental teams.

• 5th, U23 Time Trial, UCI Road World Championships • 2nd overall, Le Triptyque des Monts et Châteaux • 5th overall, Ronde l’Isard • 8th overall, Tour de l’Avenir • Two riders moved to Pro Tour teams • Three riders moved to Domestic Continental teams

Women’s Endurance Program The women’s endurance program operates with the goal of winning World Championship and Pan American Championship medals.In 2013, two such medals were collected as 30 riders participated in 956 participant days. The USA women secured the number four spot in the UCI nations rankings while two women ranked in the top ten of the international governing body’s individual rankings.

• 3rd, Elite Women’s Time Trial, UCI Road World Championships • 4th, Elite Women’s Time Trial, UCI Road World Championships • 5th, Elite Women’s Road Race, UCI Road World Championships • 2nd, Elite Women’s Time Trial, Pan American Championships • 1st overall, Giro Rosa • 2 stage wins, Giro Rosa • 3rd overall, Route de France • Most Aggressive Rider, Energiewacht Tour • Most Aggressive Rider, Tour Cycliste Feminin Inernational del l’Ardeche • 4th, UCI Women’s Nations Ranking 23 Junior Endurance Program The primary objective of the junior endurance program is to prepare young riders for the U23 ranks and to win world championship medals. In 2013, one world championship medal was won while the USA ranked sixth in the UCI’s Nations Cup Ranking. All in all, the program boasted 1,110 participant days which included a five-day National Talent ID Camp for 28 young men at DEVELOPMENT PATHWAY the Olympic Training Center in Colorado Springs. • 3rd, Junior Men’s Time Trial, UCI Road World Championships • 4th, Junior Men’s Road Race, UCI Road World Championships • 6th, Junior Men’s Nations Cup Ranking • 1st overall, Tour du Pays de Vaud • 1st overall, Tour de l’Abitibi • Best Young Rider, Tour de l’Abitibi • 4th, Ster van Zuid Limburg • 2nd overall, Internationale • 3-Etappen-Rundfahrt der Rad-Junioren • Best Young Rider, Internationale • 3-Etappen-Rundfahrt der Rad-Junioren • 2nd overall, Course de la Paix • 2nd overall, Trofeo Karlsberg

BMX Program USA Cycling’s BMX program operates with the goals of exposing development athletes to World Cup competition, cultivating a team environment, and winning World Cup and World Championship podiums. In 2013, riders participated in 1,106 participant days and as a nation, ranked number-one for elite women and junior women, and ranked number-two for elite men and junior men. The USA also boasted the highest ranked elite man and junior woman in the UCI’s individual rankings.

1st, Elite Men, Time Trial Superfinal, UCI BMX Supercross World Championships 1st, Junior Women, Time Trial Superfinal, UCI BMX Supercross World Championships 1st, Junior Men Supercross, UCI BMX Supercross World Championships 1st, Junior Women Supercross, UCI BMX Supercross World Championships 2nd, Elite Women, Time Trial Superfinal, UCI BMX Supercross World Championships 2nd, Junior Men, Time Trial Superfinal, UCI BMX Supercross World Championships Lawson Craddock rides in the pack during of the 2013 Tour Flanders in Belgium. B. (Casey Gibson) Team USA Cycling competes in stage five of the 24 Tour de l’Abitibi.

Mountain Bike & Cyclo-Cross Program In 2013, the mountain bike and cyclo-cross development programs focused on World Championship, World Cup, and Continental Championship competition. With 725 participant days, the program aimed to provide top international-level experience to development-aged riders.

Mountain Bike 1st, Junior Women XC, World Cup #5 1st, Elite Women XC, Pan American Championships 1st, Junior Women XC, Pan American Championships 2nd, Junior Men XC, World Cup #5 3rd, Junior Women XC, World Cup #2 4th, Elite Women’s XC, World Cup #6 6th, Junior Women XC, UCI Mountain Bike World Championships 9th, U23 Men XC, World Cup #5 9th, Elite Women XC, UCI Mountain Bike World Championships

Cyclo-Cross 3rd, Elite Women, UCI Cyclo-cross World Championships 4th, Junior Men, UCI Cyclo-cross World Championships 3rd, Junior Men, Overall World Cup Standings 2nd Junior Men, World Cup # 4 3rd, Junior Men, World Cup # 2 4th, Junior Men, World Cup # 5 5th, Junior Men, World Cup # 1 5th, Junior Men, World Cup # 3 11th, U23 Men, UCI Cyclo-cross World Championships

Women’s Endurance Track Program In 2013, this program focused on World Cup, Continental Championship, and World Championship competition. 1st overall, omnium, 2012/2013 UCI Track World Cup 1st, omnium, 2013 UCI Track World Championships 1st, individual pursuit, 2013 UCI Track World Championships 1st, scratch race, 2013 Pan American Continental Track Championships 3rd, individual pursuit, 2013 Pan American Continental Track Championships 3rd, omnium, 2013 Pan American Continental Track Championships 25 USA CYCLING DEVELOPMENT FOUNDATION Our Mission The mission of the Foundation is to assist USA Cycling in its efforts to create and implement consistent and sustained development programs for young American bike racers – we support the future of American bike racing.

USA Cycling Development Foundation Directors Greg Avis (Palo Alto, Calif.) Matt Barger* Secretary/Treasurer (San Francisco, Calif.) Mark Bissell (Grand Rapids, Mich.) Michael Brooks (New York, N.Y.) John Bucksbaum* (Chicago, Ill.) Michael Cole (Long Island, N.Y.) Douglas Ellis (New York, N.Y.) Robert Emery (San Francisco, Calif.) Peter Grauer (New York, N.Y.) David Helfrich* (Palo Alto, Calif.) Mick Hellman, Vice President (San Francisco, Calif.) Russell Hirsch (Palo Alto, Calif.) Jeff Jacobs (San Diego, Calif.) Steve Johnson (Colorado Springs, Colo.) Thomas L. Kempner, Jr. (New York, N.Y.) Michael Linn (San Francisco, Calif.) Rafael Ortiz (San Francisco, Calif.) Michael Patterson* (New York, N.Y.) Jan Silverberg (Seattle, Wash.) Julia Violich (San Anselmo, Calif.) Thomas W. Weisel, President (San Francisco, Calif.) Priscilla Woods (New York, N.Y.)

*Foundation Representative to the USA Cycling Board of Directors

Left: Logan Owen represents the USA on the podium at the Peace Race in Czech Republic. (Barney King). Right: Brendan Rhim tops the podium after winning the overall at the 2013 Tour de l’Abitibi. USA Cycling teammate William Barta stands by his side as the Best Young Rider. Mara Abbott celebrates her overall win at the 24th edition of 26 the Giro Rosa. (Nicola Ianuale)

Our History The USA Cycling Development Foundation was established in 2000 as the fundraising arm for the national governing body of American cycling sports, USA Cycling. During the last twelve years, the Foundation has provided consistent annual funding for USA Cycling’s athlete development programs. Thanks to the generous donations and support from individuals around the country, the Foundation is one of the largest contributors to American athlete development programs in cycling. The Foundation Board plays a key role in the future of the sport, with four of the Foundation Directors filling USA Cycling Board Director positions.

Your Support From the smallest gift to the Champions Club major donor program, Foundation donors are a unique group of people who share a very common interest in the love of cycling. Our Foundation constituents truly understand the importance of sport development and sport heroes in our culture, and the importance of competitive cycling and international results as a catalyst in the overall domestic growth of the sport.

What We Fund The Foundation funds USA Cycling athlete programs that develop the future champions in cycling, beginning with junior athletes at the entry level, to elite athletes preparing for the Olympic Games. In 2013, the Foundation granted $879,828 to fund athletic programs managed by USA Cycling. These programs are outlined in the “Athletics & USA Cycling National Development Pathway” section of this annual report. Additionally in 2013, the Foundation and USA Cycling awarded $42,425 in grants and scholarships directly to athletes, clubs and teams. The Foundation will continue to fund the development of our emerging American cycling talent to the Olympic and World Championship level. ‑Sustained international success from our future champions is the ultimate goal. 27 Special Campaigns Burke Fund for Cycling Development: The Burke Fund awards grants to U23 and junior age group athletes based on financial need and athletic achievement to assist with travel costs for USA Cycling athlete development camps and select competitions, including World Championships. In 2013 there were 47 athletes awarded grants totaling $21,500. More than $270,000 has been granted to 545 athletes over the last fourteen years ensuring that all deserving young riders have a chance to advance in the sport, regardless of financial means.

Centers of Excellence: The Center of Excellence program annually awards grants of approximately $20,000 to programs that meet specific structural requirements with the potential and ability to develop athletes into international-level competitors, and have consistently produced national results and coordinated with USA Cycling’s National Development Program participation. Since the program’s inception ten years ago, the USA Cycling Development Foundation has distributed over $240,000 to grass- roots development programs thanks to the generous donations to the USA Cycling Development Foundation.

USA Cycling and the Foundation recognized 13 club teams during 2013. Winners were chosen based on organizational criteria and performance results in developing junior and U23 athletes.

Congratulations to the 2013 Centers of Excellence Winners: Whole Athlete Specialized Cycling Team (Mill Valley, Calif.) The Young Medalists (Trexlertown, Pa.) Team Velosport (Orange County, Calif.) Team VRC Get Crackin’ (Los Angeles, Calif.) Team Twenty16 (Marin, Calif.) Boulder Junior Cycling (Boulder, Colo.) Team Specialized Racing Juniors (Menlo Park, Calif.) Team Swift (Santa Rosa, Calif.) BYRDS Cycling (Boise, Idaho) Front Rangers (Colorado Springs, Colo.) Bear Development (Kentfield, Calif.) Star Track (New York, N.Y.) Bicycle Racing Association of Colorado (Golden, Colo.)

John Stenner Collegiate Cycling Scholarship Recipients: Each year, the Foundation awards two Stenner Scholarships to students based on academic achievements, athletic accomplishments, and service to the community with an emphasis on collegiate team involvement and leadership. Congratulations to 2013 Stenner Scholarship winners Matthew Baranoski (Penn State) and Rose Long (Icahn School of Medicine at Mount Sinai).

Joshua Kuck Memorial Scholarship Fund Recipients: The Kuck Scholarships are awarded based on outstanding achievements in the areas of cycling safety, advocacy, and education. Congratulations to 2013 Kuck Scholarship winners Erika Pearsons (California State University) and David Ziehr (Harvard Medical School).

Left: Shayna Powless competes for the USA on the mountain bike World Cup circuit. (Rob Jones). Right: Riders line up at a BMX Junior Development Camp. (Jamie Staff) 28 Fundraising The Foundation accepts private and corporate donations, and as a 501(c)(3) corporation registered in the State of Colorado, offers donors the opportunity for tax benefits as a not-for-profit, Type III Supporting Organization.

Fundraising occurs at several levels, with the primary resource for annual funding being the Champions Club major donor program. Each of the members of this special group of individual contributors has the option to sit on the Foundation Board of Directors if they choose, and Champions Club members and guests may participate in unique special events developed specifically for the group which revolve around cycling events, at their cost.

Additionally the Foundation raises annual funds from individual donors through direct mail campaigns, USA Cycling annual licensing appeals, web-based gifts, planned giving, the annual Combined Federal Campaign, corporate employee matching gift programs, merchandise sales and other special events, like the Marin Classic. Individual donors are recognized at these giving levels: Champions Club, Gold Medalists, Silver Medalists, Bronze Medalists, World Champions, National Champions, Patrons, Friends of the Foundation, and Supporters of the Foundation. Please contact the Foundation office for more information on our fundraising programs.

Participants get together for a group shot at a BMX Junior Development Camp. (Jamie Staff) 29 Champions Club Bronze Medalists • David Ohst • Anonymous Members ($5,000 and up) • Thomas Pennell • Gregory & Anne Avis • Deeks Family Foundation • George Puskar • Matthew Barger • Stephen Lebovitz • John Runyon • Mark J. Bissell • Nancy Leon • John Squires • Michael C. Brooks • Adam & Melony Lewis • John Bucksbaum • Mark Slavonia Patrons ($500 and up) • Richard C. Carolan • Joshua Slocum Prudence • Robert Bauer • Richard Cashin • Todd & Dana Temple • Marc Carrasco • Stephen Collins • Daniel Deardorf • Michael Cole World Champions • Thomas Craddock

• Doug Ellis ($2,500 and up) • Richard Facciolo • Peaksware, LLC • Robert L. Emery • Kenneth Hochman • Qualcomm • Peter T. Grauer • Daniel Larson • WD-40 Bike • David & Julie Helfrich • Robert Norem Company, LLC • Mick & Sabrina Hellman • Lawrence Stack • Greg & Christy Allen • Russell Hirsch • John Toor • William & Jessica • Hal & Debby Jacobs Budinger Friends of the Foundation • Jeff Jacobs • Michael Gamson ($100 to $499) • Thomas Kempner, Jr. • Stuart Kuck • United Way of • Michael Linn • Jonathan Levine Tompkins County • Mike Moritz • Timothy Manning • Coda Coffee • Rafael Ortiz • Mark & Sunny McKee • Microsoft Matching • Michael E. Patterson • Gregory Pellegrino Gift Program • The Carrie and Greg • George Pollack • New England Penner Fund of the • Steven Shane Disabled Sports Walton Family • David and Becky Vigil • Aptargroup Charitable Foundation Foundation • Brad & Jan Silverberg National Champions • Paul A. Allaire • Bob & Tess Stapleton ($1,000 and up) • Jeffrey W. Allums • Julia Violich • DuVine Cycling + • Ingrid Alongi • The Rob and Melani Adventure Company • John D. Alspaugh Walton Fund of the • iStar Financial • Edward Anderson Walton Family • Map My Fitness • Danny Artiga Foundation • Noble Lane Foundation • Monte Austin • Casey Wasserman • Northrop Grumman • Jack Backus • Thomas W. Weisel Corporation • John G. Bagley • Priscilla Woods • Voler Team Apparel • Bonnie & Walter • Christian Aymond Henry Balanda Gold Medalists • Robert Brown • James S. Barthel, M.D. ($15,000 and up) • Robert Cutler orge H. Beane • Nicolas Rohatyn • Ge • RR Donnelley • Rachel Beck Silver Medalists • Michael Giudici • Barney Berglund ($10,000 and up) • Paul Helfrich • Stephen D. Bishop • Pam Alexander • Deepak Kamra • Andrew Black • Drs. Peter & • Ira Krell • Mark S. Boraski Bonni Curran • Laura Lauder • Nancy Bouche-Love • Robert Johnston • Paul Morrison • Lawrence J. Briggs • William Stolz • Sam Mudie • Lawrence Briscoe 30 • James and Karen Brown • John W. Hardtla • Shawn Nelson • Thomas P. Brown • Roderick Harwood • Louis H. Nevell • Dennis R. Buckles • Paul F. Hayes • Lawrence V. Nolan • Delynn Burkhalter • George W. Heagerty • Richard Okulski • Joshua Caesar • Robert Helms • John Ostrowski • Todd Cassan • Jeffrey A. Hilligoss • Tommy Pagonis • Raymond Cipollini • David F. Hoffman • Craig C. Parker • D. Douglas Close • Gregory Hoffman • William Parmer • Steve Cohen • Jim L. Holden Ttee • John E. Patrick • Jay A. Cohen • Steven A. Holland • Steven Paul • Thomas Cole • Susan Hudak • Gerald P. Pavlat • Bill Cole • Lee Jackson • John C. Pinkston • Robert Collins • Michael James • Mark Powers • Claude Lewis Collins • Scott M. Johnson • Debra A. Preller • Mike R. Cooley • Scott A. Johnson • Amanda Puskar • George Coppola • Larry C. Jones • Stephen S. Radcliffe • Michael A. Corasaniti • Robert H. Kaplan • Jay Rathe • Jim Cordano • Scott Kaufman • William R. Reichert • Robert Coreale • Gina E. Kavesh • Karen M. Rice • Andrew H. Cragg • Keith Kelly • Fred (Robbie) G. • Stephen P. Cragle • T.S. Kelso Robinette IV • Andrew Craighead • Paul Kemp • M Kelly Rogers • Sabine Cranmer • Charles L. Killeen • Mark H. Rosen • Jim Crompton • David L. Klenk • Chris J. Ryg • Patrick K. Curran • Dennis S. Knoop • Michael Sais • Scott Dalecio • William M. Koch • Michael Samuelsen • Robert Dallain • Mark Kogan • Richard Sberlati • Peter Daly • John Kujawski • David E. Schneider • Andrew Davala • Steve Lacher • TC Schultz • James B. Dawson • Joseph W. Lacomb • William Self • Stanley De Passos • Richard H. Lansing • Robert Selley • Paul Demjanenko • Justin Leighton • Joseph Semple • James A. Dockal • Jurgen Leiser • Edward Sleight • Tim A. Dodd • Kenneth E. Louder • Robert Smiley • Daniel Doran • Steve S. Louis • Craig A. Smith • Thomas Doughty • Timothy Louis • Michael Spellman • Joseph Duhon • Kelly M. Maher • Ron Spohn • Susan F. Feitelberg • Robert V. Maudlin • Barnaby F. Starr • Warren Fellingham • Lance Maylath • Peter F. Stelman • Stephen Fick • Jon G. McLennan • Michael P. Strong • Gerald E. Finken • W P. McMullan • Richard Tannyhill • Roger K. Frantz • Christopher Meyer • Joel D. Thompson • Charles W. Futcher • Rodney B. Millott • Nestor R. Tobar • John Galbreath • Danial J. Minkus • Bruce E. Torbett • Geoffrey Geer • Stephen M. Murphy • Paul A. Trout • Phillip P. Godkin • Steve Myrick • Jacqueline Tyson • Daniel P. Goese • Mark Nadeau • Christian Vande Velde • Peter Greer • Zoe G. Nance • William Wall • John Halloran • Thomas Y. Nee • Glenn Warmuth 31 • John A. Wentling • Webb Brightwell • Brian C. Davidson • Steve E. West • Eric B. Broadwell • Dirk B. Davis • Richard Wharton • Robert Brooks • Joshua Davis • Dennis Williams • Steven Brotherton • Paul DeBartolo • Jeremy Wire • Martin Brown • Teruel Decampo • Derek S. Witte • Thomas P. Brown • James C. Delaney • Lawrence (Skip) S. Brown • Steven N. Delaroche Supporters of the • Martin Brown • Frank J. DeVito

Foundation ($25 to $99) • Jacob Buchowski • Clarence W. Dillon • United Way of • Alan C. Buday • Henry M. Dimmick New York City • Alex Bumpers • Gary B. Doering • AT&T United Way • Brent Burcham • Warren Doerner Employee Giving • Matt Burinda • Elizabeth Donahue Campaign • David P. Burke • Declan Doyle • Ann Adamek • Jeff Burns • Robert Draper • Samuel Aldridge • John T. Butler • William Dron • Nicole E. Alexander • Francisco Cano • Don Druga • Joseph G. Allen • Matt Carlson • Stephen G. Duncan • Emanuel A. Alongi • Murray Carpenter • Mark Eamer ry Alpert • Ca • Larry Castillo • Peter Eatherton m Alsup • Ji • Jay D. Chapman • Rodrigo Echeverri Conde chard F. Anderson • Ri • Gerry Clapper • Kevin Eldredge ephen J. Anderson • St • Greg Clark • Katie and Jason Elliott thony Ando • An • Daniel Cleveland • Robert Ellis m Andrews • To • James P. Clossick • Matthew Emeott le Avery • Co • Kenneth Cluff • Mark E. Erhart nathan Ayers • Jo • Brad Coburn • Thomas Fahey omas Babinski • Th • William L. Cochran • Richard A. Fay rk Balkenende • Ma • Michael Cochran • Richard Fernald nnis Barrena • De • Thomas Cody • Joseph S. Ficara rd Bates • Wa • Eugene Colon • Aidan Fine ffrey Beaumont • Je • Edward J. Connell • Tim C. Fitzgerald chel Beck • Ra • Jordi Conrado • Jonathan A. Flagg rk Bedel • Ma • Caroline Cooley • Eileen Flaherty vid R. Bell • Da • Bob Corman • Stephen J. Flynn njamin M. Bell • Be • Ron Corneau • James Foley an Bender • Se • Mark Cowin • Paul Foran offrey Bent • Ge • Scott Crabill • Shannon Fox an M. Bentley • De • Andrew Craighead • Robert Francis rolynn B. Berry • Ca • G. A. Crawford • Christopher Frank rk L. Bing • Ma • Holly Cressman • Jenny C. Frayer bert Bingham • Ro • Tom Croom • Brian E. Freeze anklin D. Blackwelder • Fr • Mark Crown • Susan French chary Bolian • Za • Ceme M. Curley • Kate Furtner wrence Born • La • Randolph Cutler • Peter M. Gabriele er D. Bosma • Pet • Chris Daffin • Tom M. Galliher mes P. Bouderau • Ja • John C. Dallman • Michael Gardynik ank Boyer • Fr • Ric Damm • Alyson Garland chard R. Bradley • Ri • Nigel P. Darrington • Alexandra Gebel • Scott Breed 32 • Robert F. Gebel • Joel B. Kantor • David McCurdy • Stuart Geer • Joseph Kapp • Melissa McDonald • Richard Geist • Gerald H. Katz • Geoffrey O. McIntosh • Stephen Gerard • Al J. Keim • Charles McNeill • Patrick Gerdemann • Sheen Khoury • Kevin McSpadden • William Gerdemann • Gerald A. King • Russell C. Mead • Thomas Giannettino • Paul Konrad • John Meissner • John L. Glaze • Chris M. Kopanski • Christina Mellinger • Robbin L. Goldfoos • William F. Kosfeld • Ryan P. Michels • Dan L. Goldsmith • Sarah Kottke • Travis Mickelson • Andrew D. Gonzalez • Aleksey Kovtun • Richard M. Miller • Pamela Gonzalez • William E. Kraham • Don Miller • Howard Goodman • David Kroepsch • Steven Moe • Michael Goodwin • John Kroll • Erik Moen • Jeff Gordon • Andrew Kruse • Timothy Monk • Robert Gottlieb • John Kujawski • Sean Morgan • David C. Grant • Edmund J. Kump • Robert Mortensen • Jeffrey M. Grant • James Kupferschmidt • Robert Mosier • Robert L. Guatelli • Patricia A. Lamond • John Mott • Thomas Hackemer • Linda D. Lampila • Zane B. Muller • Kristi Hamilton • Craig Larsen • John Murphy • Jeffrey M. Hamilton • Gary LaSala • Michael R. Murphy • Coleman Hamrick • David G. LaVelle • Margot Myers • Thomas E. Hand • Brian Leary • Gary Myers • Paul J. Hanley • Sylvia Legere • Zoe G. Nance • John W. Hansen • Richard Leibfried • Allen Neel • Chuck Hassold • Ksenia Lepikhina • George Neffner • Thomas Heinrich • Lawrence Levine • Phil Neisser • Bryan Held • Scott Lewis • Thomas Nelson • Michael Herdman • John Lilleland • Eduardo Nieuwenhuyzen • Allen Herrington • Jon Limbird • James V. Noonan • Jennifer Hester • John Loehner • Aidan Nuttall • Dwight Hibdon • Brian T. Lopes • Terry OBrien • Annan Hildebrand • Daunte Lopez • Dennis P. O’Brien • Bryce Hocking • Scott Loring • Charles F. O’Connell • Frederick R. Hoffman • Timothy Louis • Leslie E. Oglesby • Samuel C. Hollingsworth • Christine Lovejoy • James A. Ostrem • Jeffrey Huberty • Joseph Macbeth • Brent Otter • Jeff Huser • Damianos Maggos • Hayden J. Otto • Peter Hymas • John M. Maher • Irene W. Pang • Tad Jacobs • Eric Maiken • Richard Pankiewicz • Igor Jaramillo • Sam Mancini • Brian C. Parker • Stacey Jensen • William R. Mann • Bruce O. Parks • Daniel W. Joakim • Court Maple • David B. Parks • Larry Johnson • Steven R. Markusen • Walter A. Paulson • Chris Joinnides • Benjamin Martin • Bob Pellkofer • Donald Jonas • Wallie Martinez • Earl P. Perretti • Ian Jones • Don A. Maschka • Donald Perry • Jeff Joy • Glen D. Mast • John Pickett • Brian Kaczmarek • Kevin J. Masterson • Dennis Pike 33 • Terrance Pittman • Panayiotis Sotiriades • Barbara Yarbrough • Roland Ploner • Sabrina Spinali • Matthew Yeo • Kevin Pomasl • Alberto Spishakoff • Jeffrey R. Young • Patty Puz • Ryan Stayskal • Tim Zandbergen • Sean Quinn • James Stevens • Glenn Zaramba • Michael Raducha • Chris Stirlen • Michael Zeldin • J Scott Randles • Chris Stone • Chris Ziegler • Scott I. Raymond • Bruce A. Sukaly • Lennard Zinn • Eric Reuter • Thomas R. Sunday • Michael Zusman • Elvys Reyes Acevedo • Michael Sutter Legacy Donors • Richard L. Reynolds • Jason Tavakolian • Tom Ettinger & Jill LaRue • Karen M. Rice • Thomas Taylor • The Bolian Family • Sara Rider • John S. Tegeris • Dana Temple • David Rimm • Alex Telitsine • Prudence Todd • James F. Ring • Sunday Thomas • Stephane Roch • Biju Thomas Gifts Made in Honor • Jesus D. Rodriguez • Mark Thompson or memory of • Anthony Rodriguez Morel • Jay Thornton • The Belgian Hammer • James L. Rolette • John F. Tierney • Edmund Burke • Mario Rossbach • Eric Tingom • CLEAN RACING • David Rossow • William Tippets • Dr. Bonnie Curran • Timothy G. Rowe • Tom Tirado • Alaric Gayfer • Bevern Sage • Leah Toffolon • Alexandra Gebel • Muhammad Saifullah • Marc Tremblay • Warren Hellman • Richard Savitt • Marko Tubic • Barry Hochman • Michael Scardaville • Robert Tyler • Joshua Kuck • Debra Schiff • Joey Valdivia • Jeff Littman • Jonathan Schilling • TJ Van Garderen • John M. Pavlat • Carmel Schimmel • Dave Voutila • Tom Sparks • John Schindler • Michael Walenta • John Stenner • Dan Schrad • Lucas Wall • Barb Tronnier • Todd Schwartz • Joe Walsmith • Phillip Wyatt • Dan Scrivner • Dana Walton • Aron Seiken • Stewart Waring • Michael Shanks • John W. Watkins • Russell Sharpswain • Dale L. Watkins • William C. Short • Bradford O. Weddell • Jerrold L. Simon • Robert Weinschrott • Robert B. Simpson • Kevin Weitz • David Sknerski • Chris Welch • Harold Smith • Christopher Whalen • Fred Smith • Geoffrey Wile • Rodney Smith • Christopher L. Wilkes • Jamie Smith • Parker Williams • Karen Smith • Dell Williamson • Richard C. Smith • Brian K. Wind • George F. Smith • CJ Wolf • T Kevin Smyth • D’Andrea Worrall • Peter Soelkner • James D. Yahr • Ben Sokolski • Julian E. Yap Sean Gaian won the junior men’s Supercross world title at the 2013 UCI BMX World Championships. (Jerry Landrum) 34 USA CYCLING, INC. STATEMENT OF FINANCIAL POSITION FOR YEAR ENDING DECEMBER 31, 2013 (WITH COMPARATIVE AMOUNTS FOR 2012)

ASSETS 2013 2012 CURRENT ASSETS: Cash and cash equivalents $ 3,235,419 $ 3,736,176 Short-term investments 6,744,495 5,080,061 Accounts receivable, net 141,070 103,868 Due from USACDF 127,643 1,163,602 Due from USOC 14,399 Inventory 154,122 191,404 Prepaid expenses 134,808 99,951

Total current assets 10,551,956 10,375,062

PROPERTY AND EQUIPMENT - at cost: Building and improvements 7,008,956 6,989,539 Land 649,145 649,145 Office furniture and equipment 867,989 768,518 Training equipment 121,382 150,878 Vehicles 446,851 302,486 Leasehold improvements 140,613 Construction in process 26,251 Less accumulated depreciation (1,761,501) (1,386,149) Property and equipment-net 7,499,686 7,474,417

TOTAL ASSETS $ 18,051,642 $ 17,849,479

LIABILITIES AND NET ASSETS CURRENT LIABILITIES: Accounts payable $ 363,680 $ 423,107 Acc rued liabilities 1,014,915 1,064,537 Deferred revenue 1,284,134 1,092,397

Total liabilities 2,662,729 2,580,041

NET ASSETS: Unrestricted 12,599,988 11,233,688 Unrestricted - board designated 10,639 10,639 Temporarily restricted 2,761,306 4,008,131 Permanently restricted 16,980 16,980

Total net assets 15,388,913 15,269,438

TOTAL LIABILITIES AND NET ASSETS $ 18,051,642 $ 17,849,479

2013 REVENUE ANNUAL LICENSE ALLOCATION (Excludeds Investment Income) Communications & Website Membership/Programs Local Associations/

2% 3% Sanction & entry fees 3% 3% Regional Programs 4% 4% 7% National/State Championships Sponsorship, licensing, 9% & affinity 8% Membership/Programs 36% USOC 33% 11% Insurance Development Foundation 10% Other Membership Programs Other 30% 14% 23% Governance Contributions License Processing/Fulfillment/ Camps & clinics Printing/Rulebook 35 USA CYCLING, INC. STATEMENT OF ACTIVITIES & CHANGES IN NET ASSETS FOR YEAR ENDING DECEMBER 31, 2013 (WITH COMPARATIVE AMOUNTS FOR 2012)

Temporarily Permanently 2013 2012 Unrestricted Restricted Restricted Totals Totals REVENUE: Membership dues & fees $ 5,060,881 $ 5,060,881 $ 5,099,187 Sanction & entry fees 4,232,078 4,232,078 3,514,558  Sponsorship, licensing, 1,396,527 1,396,527 1,240,143 & affinity royalties USOC grants 1,072,479 1,072,479 1,235,084 USA Cycling Development Foundation grants 974,146 974,146 1,821,868 Investment income 734,280 42 734,322 675,078 Other income 547,817 547,817 407,725 Contributions 414,151 49,905 464,056 182,238 Camps and clinics 314,129 314,129 349,700 USA Cycling Development Foundation management fees, net expenses $130,651 and $122,540 24,517 24,517 23,614 Satisfaction of program restrictions 2,270,918 (2,270,918) Total revenue 16,067,777 (1,246,825) 14,820,952 14,549,195 EXPENSES: PROGRAM SERVICES: Membership & development 5,319,396 5,319,396 4,982,560 Coaches, training center and athletes 4,121,837 4,121,837 4,089,138 National & international events 3,266,712 3,266,712 1,606,431 Total program services 12,707,945 12,707,945 10,678,129 SUPPORTING SERVICES: National office 1,031,960 1,031,960 855,359 Fundraising 553,063 553,063 619,920 Governance 408,509 408,509 251,979 Total supporting services 1,993,532 1,993,532 1,727,258 Total expenses 14,701,477 14,701,477 12,405,387 CHANGE IN NET ASSETS 1,366,300 (1,246,825) 119,475 2,143,808 NET ASSETS, beginning of year 11,244,327 4,008,131 16,980 15,269,438 13,125,630 NET ASSETS, end of year $ 12,610,627 $ 2,761,306 $ 16,980 $ 15,388,913 $ 15,269,438

2013 Functional Expenses 2013 Program Expenses

Programs Membership Programs

Administration Athletic Programs

3% 4%

7% Sponsorship/ 26% National & Sales (Fundraising) International Events

Governance 42%

32%

86% 36 USA CYCLING, INC. STATEMENT OF CASH FLOW FOR YEAR ENDING DECEMBER 31, 2013 (WITH COMPARATIVE AMOUNTS FOR 2012)

2013 2012 CASH FLOWS FROM OPERATING ACTIVITIES:‑ Change in net assets $ 119,475 $ 2,143,808 ADJUSTMENTS TO RECONCILE CHANGE IN NET ASSETS TO NET CASH PROVIDED BY OPERATING ACTIVITIES: Depreciation 436,468 332,026 Change in allowance for doubtful accounts 7,127 4,120 Net unrealized and realized gains on investments (583,580) (525,830) Gain on disposal of property and equipment (5,572) (674)

(INCREASE) DECREASE IN ASSETS: Accounts receivable (44,329) 55,094 Due from USACDF 1,035,959 (1,104,204) Due from USOC (14,399) Inventory 37,282 27,019 Prepaid expenses (34,857) 57,577

INCREASE (DECREASE) IN LIABILITIES: Accounts payable and accrued liabilities (109,049) 282,324 Deferred revenue 191,737 21,877 Total adjustments 916,787 (850,671) NET CASH PROVIDED BY OPERATING ACTIVITIES 1,036,262 1,293,137

CASH FLOWS FROM INVESTING ACTIVITIES: Proceeds from sale of investments 6,009,765 1,302,572 Purchases of investments (7,090,619) (1,383,387) Acquisition of property and equipment (463,697) (2,048,241) Proceeds from sale of property and equipment 7,532 1,619 Net cash used by investing activities (1,537,019) (2,127,437)

NET INCREASE (DECREASE) IN CASH (500,757) (834,300)

CASH AND CASH EQUIVALENTS, beginning of year 3,736,176 4,570,476

CASH AND CASH EQUIVALENTS, end of year $ 3,235,419 $ 3,736,176 37 USA CYCLING DEVELOPMENT FOUNDATION STATE OF FINANCIAL POSITION FOR YEAR ENDING DECEMBER 31, 2013 (WITH COMPARATIVE AMOUNTS FOR 2012)

ASSETS 2013 2012 CURRENT ASSETS: Cash and cash equivalents $ 3,969,229 $ 5,405,655 Short-term investments 1,826,608 1,781,214 Restricted investments 50,298 50,298 Accounts receivable, net 200,624 134,360 Inventory 11,957 27,533 Prepaid expenses 958 226

Total current assets 6,059,674 7,399,286 LONG-TERM INVESTMENT 2 2 EQUIPMENT-at cost: Office equipment 9,236 9,236 Less accumulated depreciation (9,236) (9,236)

Equipment-net

TOTAL ASSETS $ 6,059,676 $ 7,399,288

LIABILITIES AND NET ASSETS CURRENT LIABILITIES: Accounts payable $ 5,781 $ 9,021 Acc rued liabilities 41,147 4,548 Due to USA Cycling, Inc. 127,643 1,163,602

Total current liabilities 174,571 1,177,171

NET ASSETS: Unrestricted 5,615,204 5,904,472 Unrestricted - board designated 10,584 10,584 Temporarily restricted 259,317 307,061

Total net assets 5,885,105 6,222,117

TOTAL LIABILITIES AND NET ASSETS $ 6,059,676 $ 7,399,288

2013 Functional Expenses 2013 Program & Grant Expenditures

Programs: ($1,044,940) USA Cycling Grants ($959,681) Fundraising: ($148,818)

2% 6% 6% Other Program & Grant 12% Administration Expenditures: ($64,334) & Governance: ($73,973) Centers of Excellence Grants: ($20,925)

82% 92% Kaitlin Antonneau rode to tenth place in the elite women’s race at the Cyclo-cross World Championships in Louisville. (PhotoSport International UK USA Asia)

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