Uab Athletics Foundation
- Assets
- $11.4m
- Revenue
- $4.0m
- Investments
- $0.0
- Employees
- 0
- Location
- Birmingham, AL
- Founding
- 08/2017
- Data as of
- 06/2021
- EIN
- 47-5638574
Organization Overview
Uab Athletics Foundation is located in Birmingham, AL. The organization was established in 2017. 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. Uab Athletics Foundation 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, Uab Athletics Foundation generated $4.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (16.9%) each year. All expenses for the organization totaled $4.0m during the year ending 06/2021. 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
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORT OF UNIVERSITY OF ALABAMA AT BIRMINGHAM ATHLETICS IN ACCORDANCE WITH THE FOUNDATION'S MISSION STATEMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ray L Watts MD Director And Vice Chair | OfficerTrustee | 1 | $0 |
Thomas Brannan Director And Treasurer | OfficerTrustee | 1 | $0 |
Mark Ingram Director And President | OfficerTrustee | 1 | $0 |
Hatton Smith Director And Chair | OfficerTrustee | 1 | $0 |
Tommy Brigham Director And Vice President | OfficerTrustee | 1 | $0 |
Justin Craft Director And Vice President | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $11,565 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,815,565 |
| Noncash contributions included in lines 1a–1f | $93,883 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,827,130 |
| Total Program Service Revenue | $186,157 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$1,917 |
| Net Income from Fundraising Events | -$2,958 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,008,412 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $3,777,591 |
| 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 | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $34,952 |
| Advertising and promotion | $1,302 |
| Office expenses | $1,134 |
| Information technology | $30,919 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $3,602 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $38,249 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $4,001,217 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,401,032 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $8,001,237 |
| 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 | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $11,402,269 |
| Accounts payable and accrued expenses | $35,622 |
| 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 | $35,622 |
| Net assets without donor restrictions | $46,492 |
| Net assets with donor restrictions | $11,320,155 |
| 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 | $11,402,269 |
Grants Awarded
Over the last fiscal year, Uab Athletics Foundation has awarded $3,777,591 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF ALABAMA AT BIRMINGHAM PURPOSE: GENERAL SUPPORT | $3,737,991 |
Birmingham, AL PURPOSE: GENERAL SUPPORT | $39,600 |
Grants Recieved
Over the last fiscal year, we have identified 9 grants that Uab Athletics Foundation has recieved totaling $740,574.
| Awarding Organization | Amount |
|---|---|
Alabama Power Foundation Inc Birmingham, AL PURPOSE: GENERAL/OPERATING | $300,000 |
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: GROWTH | $236,750 |
Protective Life Foundations Birmingham, AL PURPOSE: 2016 CAPITAL CAMPAIGN FOR THE ATHLETIC FACILITIES | $100,000 |
Pleiad Foundation Birmingham, AL PURPOSE: TO PROMOTE CHARITABLE CAUSE | $40,000 |
Tickle Family Foundation Birmingham, AL PURPOSE: EDUCATION | $20,491 |
Altec-Styslinger Foundation Inc Birmingham, AL PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Miami Dade College Foundation Inc Miami, FL | $203,072,980 | $26,102,618 |
Oxbridge Academy Foundation Inc West Palm Beach, FL | $65,288,192 | $19,905,008 |
University Of West Florida Foundation Inc Pensacola, FL | $164,565,433 | $23,515,652 |
Gator Boosters Inc Gainesville, FL | $35,445,358 | $17,089,938 |
The University Of North Florida Foundation Inc Jacksonville, FL | $189,463,504 | $37,925,600 |
Usf Health Professions Conferencing Corporation Tampa, FL | $17,834,474 | $17,025,476 |
Florida Agricultural & Mechanical Univ Foundation Inc Tallahassee, FL | $165,576,820 | $45,594,915 |
Jessie Ball Dupont Religious Charitable & Educational Fund Jacksonville, FL | $0 | $23,306,581 |
Avant Garde Academy Foundation Inc Hollywood, FL | $46,079,616 | $17,259,977 |
Florida State University Research Foundation Inc Tallahassee, FL | $238,210,385 | $28,107,542 |
Mose And Garrison Siskin Memorial Foundation Inc Chattanooga, TN | $53,806,754 | $11,101,792 |
Georgia Tech Facilities Inc Atlanta, GA | $407,064,936 | $14,504,049 |