Uwg Athletic Foundation Inc
- Assets
- $1.3m
- Revenue
- $930.7k
- Investments
- $0.0
- Employees
- 4
- Location
- Carrollton, GA
- Founding
- 09/2014
- Data as of
- 06/2022
- EIN
- 46-2304510
Organization Overview
Uwg Athletic Foundation Inc is located in Carrollton, GA. The organization was established in 2014. According to its NTEE Classification (N11) the organization is classified as: Single Organization Support, under the broad grouping of Recreation & Sports and related organizations. As of 06/2022, Uwg Athletic Foundation Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Uwg Athletic Foundation 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, Uwg Athletic Foundation Inc generated $930.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.0%) each year. All expenses for the organization totaled $713.8k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (7.0%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Uwg Athletic Foundation Inc has awarded 20 individual grants totaling $4,784,019. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE UWG ATHLETIC FOUNDATION EXISTS TO PROVIDE RESOURCES AND SUPPORT TO ATHLETIC STUDENT ATHLETES AND PROGRAMS AT THE UNIVERSITY OF WEST GEORGIA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE UWG ATHLETIC FOUNDATION RAISES PHILANTHROPIC DOLLARS AND PROGRAM REVENUES TO SUPPORT THE UNIVERSITY OF WEST GEORGIA'S ATHLETIC DEPARTMENT OPERATIONS AND SPORTS PROGRAMS.
THE UWG ATHLETIC FOUNDATION RAISES PHILANTHROPIC DOLLARS AND PROGRAM REVENUES TO FUND SCHOLARSHIPS FOR UNIVERSITY OF WEST GEORGIA STUDENT ATHLETES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Meredith Brunen CEO | Officer | 20 | $208,406 |
Mr Eddy Crumbley Director/ Immediate Past C | OfficerTrustee | 0.2 | $0 |
Mrs Rebecca Smith Director/ Chair | OfficerTrustee | 0.2 | $0 |
Mr John Copeland Director/vice Chair | OfficerTrustee | 0.2 | $0 |
Mr Rodney Davis Director/ Secretary | OfficerTrustee | 0.2 | $0 |
Mr Bill Esslinger Audit Fin Com C Director/ Treasurer | OfficerTrustee | 0.2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $54,176 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $587,796 |
| Noncash contributions included in lines 1a–1f | $55,762 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $641,972 |
| Total Program Service Revenue | $189,772 |
| Investment income | $11,752 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $66,128 |
| Net Income from Fundraising Events | $7,784 |
| Net Income from Gaming Activities | $13,330 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $930,738 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $541,014 |
| 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 | $13,590 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $11,199 |
| Fees for services: Other | $0 |
| Advertising and promotion | $32 |
| Office expenses | $13,049 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $943 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $789 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $6,286 |
| All other expenses | $0 |
| Total functional expenses | $713,774 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $493,247 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $102,354 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $747,034 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,342,635 |
| Accounts payable and accrued expenses | $38,590 |
| Grants payable | $0 |
| Deferred revenue | $70,650 |
| 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 | $109,240 |
| Net assets without donor restrictions | $170,627 |
| Net assets with donor restrictions | $1,062,768 |
| 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 | $1,342,635 |
Grants Awarded
Over the last fiscal year, Uwg Athletic Foundation Inc has awarded $277,159 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF WEST GEORGIA PURPOSE: ATHLETIC PROGRAM SUPPORT | $208,278 |
UNIVERSITY OF WEST GEORGIA PURPOSE: SCHOLARSHIP FUNDING FOR STUDENT ATHLETES | $68,881 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Uwg Athletic Foundation Inc has recieved totaling $20,000.
| Awarding Organization | Amount |
|---|---|
Community Foundation Of West Georgia Inc Carrollton, GA PURPOSE: PROGRAM | $20,000 |
Endowment Analysis
| Beg. Balance | $3,725 |
| Earnings | -$1,967 |
| Net Contributions | $25,000 |
| Ending Balance | $26,758 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
World Golf Foundation Inc St Augustine, FL | $15,762,400 | $15,410,319 |
East Carolina University Educational Foundation Inc Greenville, NC | $33,102,129 | $12,018,167 |
The Lpga Foundation Daytona Beach, FL | $9,352,661 | $8,926,297 |
South Carolina Charities Inc Greenville, SC | $911,157 | $3,405,093 |
American Junior Golf Foundation Inc Braselton, GA | $19,641,772 | $5,413,953 |
Uncw Student Aid Association Inc Wilmington, NC | $3,125,370 | $1,638,038 |
First Tee Of Atlanta Inc Atlanta, GA | $2,807,006 | $1,612,147 |
First Tee Of North Flordia Inc Saint Augustine, FL | $828,458 | $1,796,626 |
Alabama Shakespeare Festival Endowment Tr Montgomery, AL | $55,944,765 | $702,964 |
Atlanta Classic Foundation Inc Duluth, GA | $0 | $0 |
Reef Environmental Education Foundation Incorporated Key Largo, FL | $2,620,574 | $1,900,215 |
Tenngreen Land Conservancy Nashville, TN | $19,971,388 | $11,678,938 |