Aggie Athletic Foundation Of North Carolina A&t State Universit
- Assets
- $1.9m
- Revenue
- $986.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Greensboro, NC
- Founding
- 03/2011
- Data as of
- 06/2021
- EIN
- 27-4444729
Organization Overview
Aggie Athletic Foundation Of North Carolina A&t State Universit is located in Greensboro, NC. The organization was established in 2011. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Aggie Athletic Foundation Of North Carolina A&t State Universit 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, Aggie Athletic Foundation Of North Carolina A&t State Universit generated $986.9k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 8.8% each year. All expenses for the organization totaled $952.0k during the year ending 06/2021. While expenses have increased by 8.5% per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE AGGIE ATHLETIC FOUNDATION IS TO PROVIDE SUPPORT TO THE ATHLETICS DEPARTMENT AT NORTH CAROLINA A&T STATE UNIVERSITY AND TO FOSTER THE ATHLETIC, ACADEMIC AND SOCIAL DEVELOPMENT OF STUDENT ATHLETES. THIS COMMITMENT INCLUDES PROVIDING FINANCIAL SUPPORT FOR ATHLETIC SCHOLARSHIPS, FACILITIES, EQUIPMENT AND OTHER RESOURCES TO SUPPORT HIGH PERFORMANCE IN ALL VARSITY SPORTS WITH AN EQUAL FOCUS ON PROVIDING A HIGH QUALITY EXPERIENCE FOR BOTH STUDENT ATHLETES AND SUPPORTERS WHILE UTILIZING THE HIGHEST INTEGRITY FOR ATHLETIC EXCELLENCE WITHIN THE RULES AND GUIDELINES ESTABLISHED BY NORTH CAROLINA A&T STATE UNIVERSITY, MID-EASTERN ATHLETIC CONFERENCE AND THE NATIONAL COLLEGIATE ATHLETIC ASSOCIATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ATHLETICS SUPPORT - THE ORGANIZATION PURCHASED FURNITURE AND EQUIPMENT OF $34,220 FOR NC A&T STATE UNIVERSITY MEN'S AND WOMEN'S BASKETBALL TEAMS. IN ADDITION, THE ORGANIZATION PROVIDED $375,000 IN DIRECT SUPPORT TO THE UNIVERSITY. IN ADDITION BONUSES WERE PROVIDED TO UNIVERSITY EMPLOYEES IN THE AMOUNT OF $21,338.
CONTRIBUTIONS TO THE UNIVERSITY IN THE FORM OF SCHOLARSHIPS FOR THE YEARS ENDED JUNE 30, 2021 TOTALED$363,550.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shamika Pyfrom Execuive Director | Officer | 15 | $53,834 |
Hope Rush Chair | OfficerTrustee | 1 | $0 |
Darnell Glover Vice Chair | OfficerTrustee | 1 | $0 |
Kim Sowell Secretary | OfficerTrustee | 1 | $0 |
Frank Mccain Treasurer | OfficerTrustee | 1 | $0 |
Earl Eilton Athletics Director Director | Trustee | 1 | $0 |
Financial Statements
| 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 | $932,730 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $932,730 |
| Total Program Service Revenue | $0 |
| Investment income | $2,488 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $3,069 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $986,876 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $738,550 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $13,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $8,886 |
| Advertising and promotion | $0 |
| Office expenses | $44,040 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $15,430 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,815 |
| Insurance | $0 |
| All other expenses | $870 |
| Total functional expenses | $952,010 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,023,739 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $248,788 |
| 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 | $0 |
| Net Land, buildings, and equipment | $31,405 |
| Investments—publicly traded securities | $594,430 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,898,362 |
| Accounts payable and accrued expenses | $42,380 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Total liabilities | $42,380 |
| Net assets without donor restrictions | $654,453 |
| Net assets with donor restrictions | $1,201,529 |
| 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 | $1,898,362 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Aggie Athletic Foundation Of North Carolina A&t State Universit has recieved totaling $52,773.
| Awarding Organization | Amount |
|---|---|
Ayco Charitable Foundation Cohoes, NY PURPOSE: EDUCATION | $25,000 |
Pga Tour Inc Ponte Vedra Beach, FL PURPOSE: GENERAL SUPPORT | $20,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $7,355 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $418 |
Endowment Analysis
| Beg. Balance | $424,900 |
| Earnings | $159,530 |
| Net Contributions | $10,000 |
| Ending Balance | $594,430 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Georgia Tech Foundation Inc Atlanta, GA | $3,057,656,645 | $246,304,114 |
The University Of Tennessee Foundat Ion Inc Knoxville, TN | $742,610,209 | $198,804,674 |
Nc State Investment Fund Inc Raleigh, NC | $1,930,063,391 | $166,344,497 |
Spelman College Special Ventures Fund Inc Atlanta, GA | $236,389,415 | $26,274,154 |
University Of South Carolina Educational Foundation Columbia, SC | $607,523,681 | $89,201,263 |
Old Dominion University Research Foundation Norfolk, VA | $35,170,684 | $51,598,508 |
University Of Virginia Darden School Foundation Charlottesville, VA | $664,692,543 | $80,428,705 |
Unc Health Foundation Inc Chapel Hill, NC | $571,825,040 | $92,147,897 |
William & Mary Foundation Williamsburg, VA | $1,122,551,962 | $79,373,462 |
Shorter University Inc Rome, GA | $57,209,537 | $39,807,545 |
Kennesaw State University Foundation Inc Kennesaw, GA | $537,455,993 | $85,548,111 |
University Of Virginia Foundation Charlottesville, VA | $508,958,321 | $36,530,024 |