Great Midwest Athletic Conference Inc
- Assets
- $345.2k
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 6
- Location
- Indianapolis, IN
- Founding
- 07/2012
- Data as of
- 06/2022
- 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 06/2022, 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 06/2022, Great Midwest Athletic Conference Inc generated $1.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.3% each year. All expenses for the organization totaled $1.8m during the year ending 06/2022. While expenses have increased by 9.2% per year over the past 7 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
2022
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 |
|---|---|---|---|
Tom Daeger Commissioner | Officer | 40 | $164,700 |
Dr Thomas White Council Member | OfficerTrustee | 1 | $0 |
Dr Tom Mitzel Council Member | OfficerTrustee | 1 | $0 |
Dr David King Council Member | OfficerTrustee | 1 | $0 |
Dr Katherine Fell Council Member | OfficerTrustee | 1 | $0 |
Dr Dan Boone 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 | $1,306,889 |
| Noncash contributions included in lines 1a–1f | $2,975 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,306,889 |
| Total Program Service Revenue | $427,631 |
| 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 | $7,318 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,741,838 |
| 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. | $164,700 |
| Compensation of current officers, directors, key employees. | $164,700 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $262,000 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,412 |
| Fees for services: Accounting | $28,752 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $11,448 |
| Advertising and promotion | $0 |
| Office expenses | $31,155 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $14,033 |
| 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 | $3,177 |
| Insurance | $20,263 |
| All other expenses | $253,427 |
| Total functional expenses | $1,843,978 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $204,675 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $112,591 |
| 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 | $21,381 |
| Net Land, buildings, and equipment | $6,567 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $345,214 |
| Accounts payable and accrued expenses | $51,807 |
| Grants payable | $0 |
| Deferred revenue | $11,754 |
| 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 | $63,561 |
| Net assets without donor restrictions | $255,864 |
| Net assets with donor restrictions | $25,789 |
| 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 | $345,214 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Great Midwest Athletic Conference Inc has recieved totaling $432,082.
| Awarding Organization | Amount |
|---|---|
National Collegiate Athletic Association Indianapolis, IN PURPOSE: Scholarships/Grants/Sponsorship | $432,082 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Northern School District Tr Nsdt Ashland, WI | $7,100,055 | $19,700,380 |
Kentucky Educational Development Corporation Ashland, KY | $6,070,827 | $11,298,796 |
Cristo Rey Network Chicago, IL | $14,102,009 | $11,695,592 |
City Colleges Of Chicago Foundation Chicago, IL | $22,678,364 | $14,327,610 |
Big Ten Academic Alliance Champaign, IL | $13,766,841 | $9,203,675 |
Kidsmart Saint Louis, MO | $4,061,844 | $8,307,759 |
Northwest Foundation Inc Maryville, MO | $55,922,802 | $14,720,589 |
Holy Family Ministries Chicago, IL | $16,241,007 | $8,503,495 |
Middlebury Community Schools Employee Benefit Trust Middlebury, IN | $1,426,617 | $4,992,187 |
Drexel Funds Milwaukee, WI | $18,531,220 | $8,522,964 |
Indianapolis Public Schools Education Foundation Inc Indianapolis, IN | $8,991,095 | $5,839,882 |
North Central States Regional Council Of Carpenters Trng Fund Eau Claire, WI | $10,404,488 | $4,232,713 |