The Patriot League is located in Bethlehem, PA. The organization was established in 1991. According to its NTEE Classification (N40) the organization is classified as: Sports Associations & Training Facilities, under the broad grouping of Recreation & Sports and related organizations. As of 06/2023, Patriot League employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Patriot League 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 06/2023, Patriot League generated $5.0m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.6% each year. All expenses for the organization totaled $5.2m during the year ending 06/2023. While expenses have increased by 4.4% per year over the past 8 years. They've been increasing with an increasing level of total revenue. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
SEE BELOW
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO CONDUCT INTERCOLLEGIATE ATHLETICS WITHIN A CONTEXT THAT HOLDS PARAMOUNT THE ACADEMIC PROGRAMS OF MEMBER INSTITUTIONS AND THE ACADEMIC PERSONAL GROWTH OF THE STUDENT ATHLETES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Sylvia Mathews Burwell Member | Trustee | $0 | |
Ltg Steven W Gilland Member | Trustee | $0 | |
Dr Robert A Brown Member | Trustee | $0 | |
Dr John Bravman Member | Trustee | $0 | |
Dr Brian W Casey Member | Trustee | $0 | |
Vincent D Rougeau Member | Trustee | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $4,877,129 |
Investment income | $148,529 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$675 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $5,049,891 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,477,219 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $9,865 |
Fees for services: Accounting | $14,810 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $7,708 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $106,666 |
Travel | $116,805 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $7,206 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $31,221 |
Insurance | $123,668 |
All other expenses | $961,682 |
Total functional expenses | $5,204,895 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $9,535,210 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $35,165 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $11,782 |
Net Land, buildings, and equipment | $635,042 |
Investments—publicly traded securities | $0 |
Investments—other securities | $7,006 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $190,971 |
Total assets | $10,415,176 |
Accounts payable and accrued expenses | $171,437 |
Grants payable | $0 |
Deferred revenue | $572,825 |
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 | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $4,881,437 |
Total liabilities | $5,625,699 |
Net assets without donor restrictions | $4,783,394 |
Net assets with donor restrictions | $6,083 |
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 | $10,415,176 |