Massachusetts Interscholastic Athletic Association Inc
- Assets
- $4.4m
- Revenue
- $3.2m
- Investments
- $0.0
- Employees
- 27
- Location
- Franklin, MA
- Founding
- 08/1979
- Data as of
- 06/2021
- EIN
- 04-2642190
Organization Overview
Massachusetts Interscholastic Athletic Association Inc is located in Franklin, MA. The organization was established in 1979. As of 06/2021, Massachusetts Interscholastic Athletic Association Inc employed 27 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Massachusetts Interscholastic Athletic Association Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Massachusetts Interscholastic Athletic Association Inc generated $3.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (10.5%) each year. All expenses for the organization totaled $3.2m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (10.1%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION'S PURPOSE IS TO SERVE ITS 374 MEMBER SCHOOLS AND THE MAXIMUM NUMBER OF THEIR STUDENTS BY PROVIDING LEADERSHIP AND SUPPORT FOR THE CONDUCT OF INTERSCHOLASTIC
Describe the Organization's Program Activity:
Part 3 - Line 4a
ATHLETIC EVENTS - SPONSORED NUMEROUS POST SEASON ATHLETIC TOURNAMENTS FOR HIGH SCHOOL STUDENTS
EDUCATIONAL ATHLETICS - SPONSORED PROGRAMS TO PROMOTE STUDENTS, INCLUDING WELLNESS, SPORTSMANSHIP, COACHES EDUCATION, COMMUNITY SERVICE AND STUDENT LEADERSHIP.
OTHER PROGRAMS: TO INFORM,RECRUIT AND MAINTAIN MEMBERSHIP. TO HOLD SEMINARS AND WORKSHOPS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Gaine Jr Executive Director | Officer | 40 | $189,523 |
Richard Pearson Associate Director | Officer | 36 | $123,038 |
Sherry Bryant Associate Director | Officer | 32 | $119,368 |
Peter Smith Associate Director | Officer | 38 | $103,196 |
Tara Bennett Communications Dir | Officer | 40 | $103,162 |
Directors - See Attached Listing Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,436,534 |
| All other contributions, gifts, grants, and similar amounts not included above | $297,729 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,734,263 |
| Total Program Service Revenue | $1,369,848 |
| Investment income | $24,609 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $23,753 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,180,996 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $700,637 |
| Compensation of current officers, directors, key employees. | $367,585 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $414,571 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $149,330 |
| Payroll taxes | $140,226 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $34,122 |
| Fees for services: Accounting | $12,000 |
| Fees for services: Lobbying | $19,213 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $50,000 |
| Advertising and promotion | $0 |
| Office expenses | $121,921 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $105,407 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $5,547 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $162,521 |
| Insurance | $0 |
| All other expenses | $59,439 |
| Total functional expenses | $3,170,788 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $580,322 |
| Savings and temporary cash investments | $17,067 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $607,915 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $5,908 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $53,773 |
| Net Land, buildings, and equipment | $1,356,898 |
| Investments—publicly traded securities | $744,833 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,080,282 |
| Total assets | $4,446,998 |
| Accounts payable and accrued expenses | $441,917 |
| Grants payable | $0 |
| Deferred revenue | $45,790 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $150,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $486,329 |
| Total liabilities | $1,124,036 |
| Net assets without donor restrictions | $3,203,507 |
| Net assets with donor restrictions | $119,455 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $4,446,998 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Massachusetts Interscholastic Athletic Association Inc has recieved totaling $25,000.
| Awarding Organization | Amount |
|---|---|
National Federation Foundation Indianapolis, IN PURPOSE: DEI STUDY | $25,000 |
Endowment Analysis
| Beg. Balance | $119,405 |
| Net Contributions | $50 |
| Ending Balance | $119,455 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Massachusetts Interscholastic Athletic Association Inc Franklin, MA | $4,446,998 | $3,180,996 |
Section Vi Of The New York State Pub High Schl Athletic Assoc West Seneca, NY | $551,652 | $1,673,727 |
Booster Club Of Smithtown Smithtown, NY | $401,155 | $334,665 |
Revitalizing Waterbury Inc Waterbury, VT | $1,147,843 | $238,740 |
Niskayuna Rowing Inc Niskayuna, NY | $236,503 | $192,712 |
Pioneer Valley Interscholastic Feeding Hills, MA | $333,996 | $225,458 |
Connecticut Interscholastic Ski League Ltd Monroe, CT | $116,438 | $0 |
West Boylston Athletic Association West Boylston, MA | $10,467 | $0 |
Cleghorn Athletic Assn Or St Josephs Club Fitchburg, MA | $38,111 | $0 |