Great Midwest Athletic Conference Inc
- Assets
- $264.5k
- Revenue
- $1.9m
- Investments
- $0.0
- Employees
- 6
- Location
- Indianapolis, IN
- Founding
- 07/2012
- Data as of
- 06/2023
- EIN
- 45-4393937
Organization Overview
Great Midwest Athletic Conference Inc is located in Indianapolis, IN. The organization was established in 2012. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Education and related organizations. As of 06/2023, Great Midwest Athletic Conference Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Great Midwest Athletic Conference 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 06/2023, Great Midwest Athletic Conference Inc generated $1.9m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 9.3% each year. All expenses for the organization totaled $2.1m during the year ending 06/2023. While expenses have increased by 9.7% 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
THE MISSION OF THE GREAT MIDWEST ATHLETIC CONFERENCE IS TO PROMOTE, CONDUCT AND REGULATE COMPETITIVE NCAA DIVISION II INTERCOLLEGIATE SPORTS PROGRAMS THAT WILL ASSIST THE STUDENT-ATHLETES ATTENDING THE CONFERENCE'S MEMBER INSTITUTIONS IN THEIR ATHLETIC, ACADEMIC AND PERSONAL DEVELOPMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ASSISTANCE TO ITS MEMBER INSTITUTIONS TO BUILD AND MAINTAIN INTERCOLLEGIATE ATHLETICS PROGRAMS THAT ARE COMPATIBLE WITH THE HIGHEST STANDARDS OF EDUCATION AND COMPETITIVE SPORTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Carlos Campo Council Member | OfficerTrustee | 1 | $0 |
Dr Thomas White Council Member | OfficerTrustee | 1 | $0 |
Dr Tom Mitzel Council Member | OfficerTrustee | 1 | $0 |
Dr Gregory Miller Council Member | OfficerTrustee | 1 | $0 |
Dr Dan Boone Council Member | OfficerTrustee | 1 | $0 |
Sister Christine DE Vinne Council Member | OfficerTrustee | 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 | $1,764,868 |
| Noncash contributions included in lines 1a–1f | $8,015 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,764,868 |
| Total Program Service Revenue | $131,850 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $11,599 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,908,317 |
| 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. | $177,700 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $352,677 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $280 |
| Fees for services: Accounting | $31,390 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $13,522 |
| Advertising and promotion | $0 |
| Office expenses | $31,722 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $27,113 |
| Travel | $20,895 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $8,603 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,992 |
| Insurance | $23,664 |
| All other expenses | $208,320 |
| Total functional expenses | $2,076,881 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $84,505 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $88,136 |
| 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 | $13,922 |
| Net Land, buildings, and equipment | $5,709 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $72,217 |
| Total assets | $264,489 |
| Accounts payable and accrued expenses | $68,973 |
| 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 | $82,427 |
| Total liabilities | $151,400 |
| Net assets without donor restrictions | $113,089 |
| Net assets with donor restrictions | $0 |
| 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 | $264,489 |