Southern Conference
- Assets
- $8.1m
- Revenue
- $4.8m
- Investments
- $0.0
- Employees
- 16
- Location
- Spartanburg, SC
- Founding
- 09/1949
- Data as of
- 06/2022
- EIN
- 54-0674274
Organization Overview
Southern Conference is located in Spartanburg, SC. The organization was established in 1949. According to its NTEE Classification (N70) the organization is classified as: Amateur Sports Competitions, under the broad grouping of Recreation & Sports and related organizations. As of 06/2022, Southern Conference employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Southern Conference 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, Southern Conference generated $4.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.8% each year. All expenses for the organization totaled $4.4m during the year ending 06/2022. While expenses have increased by 3.1% 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.
Since 2016, Southern Conference has awarded 49 individual grants totaling $1,267,794. 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
TO FACILITATE INTERCOLLEGIATE ATHLETICS COMPETITION FOR BOTH MEN AND WOMEN, PROMOTE A PROPER BALANCE BETWEEN ACADEMICS AND ATHLETICS, FOSTER INTEGRITY AND EXCELLENCE IN BOTH ATHLETICS AND ACADEMICS, FOSTER COMPETITIVE AMATEUR OPPORTUNITIES OF A HIGH QUALITY FOR STUDENT-ATHLETES IN A BROAD SPECTRUM OF SPORTS AND CHAMPIONSHIPS, ANTICIPATE AND PLAN FOR THE FUTURE NEEDS OF INTERCOLLEGIATE ATHLETICS IN A SPIRIT OF COOPERATION AND MUTUAL BENEFIT OF THE MEMBER INSTITUTIONS, AND ENHANCE THE CONFERENCE ENTERPRISE AND THE VISIBILITY OF THE CONFERENCE AND MEMBER INSTITUTIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORT OF INTERCOLLEGIATE ATHLETIC PROGRAMS OF THE MEMBER INSTITUTIONS AND THE ATHLETES FROM THESE INSTITUTIONS INCLUDING GRADUATE SCHOLARSHIPS FOR 10 INDIVIDUALS AND MEDICAL AND OTHER ASSISTANCE FOR NEEDY ATHLETES AT THE 10 MEMBER INSTITUTIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Schaus Commissioner | Officer | 40 | $344,954 |
Jeffrey Hugdahl President | OfficerTrustee | $0 | |
Chip Taylor Vice Preside | OfficerTrustee | $0 | |
Jim Cole Member | Trustee | $0 | |
Denise Gregory Member | Trustee | $0 | |
Aj Grube Member | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $238,717 |
| All other contributions, gifts, grants, and similar amounts not included above | $361,527 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $600,244 |
| Total Program Service Revenue | $2,763,417 |
| Investment income | $107,739 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $190,646 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,767,316 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $20,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $575,400 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $488,855 |
| Pension plan accruals and contributions | $88,542 |
| Other employee benefits | $298,164 |
| Payroll taxes | $68,519 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,585 |
| Fees for services: Accounting | $16,702 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $40,837 |
| Fees for services: Other | $383,442 |
| Advertising and promotion | $7,550 |
| Office expenses | $238,526 |
| Information technology | $110,276 |
| Royalties | $0 |
| Occupancy | $14,185 |
| Travel | $163,691 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $65,666 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $24,935 |
| Insurance | $35,443 |
| All other expenses | $93,321 |
| Total functional expenses | $4,410,809 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,863,844 |
| Savings and temporary cash investments | $807,093 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $558,268 |
| 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 | $23,021 |
| Net Land, buildings, and equipment | $189,022 |
| Investments—publicly traded securities | $4,666,416 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $8,107,664 |
| Accounts payable and accrued expenses | $744,262 |
| Grants payable | $0 |
| Deferred revenue | $791,718 |
| 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 | $264,783 |
| Total liabilities | $1,800,763 |
| Net assets without donor restrictions | $6,306,901 |
| 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 | $8,107,664 |
Grants Awarded
Over the last fiscal year, Southern Conference has awarded $90,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
UT CHATTANOOGA ATHLETICS DEPARTMENT PURPOSE: BSKTBALL ENHANCEMENT | $25,000 |
Spartanburg, SC PURPOSE: BSKTBALL ENHANCEMENT | $25,000 |
Lexington, VA PURPOSE: BSKTBALL ENHANCEMENT | $25,000 |
EAST TENNESSEE STATE UNIVERSITY PURPOSE: BSKTBALL ENHANCEMENT | $15,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Southern Conference has recieved totaling $6,130,755.
| Awarding Organization | Amount |
|---|---|
National Collegiate Athletic Association Indianapolis, IN PURPOSE: Scholarships/Grants | $6,130,755 |
Endowment Analysis
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Southern Conference Spartanburg, SC | $8,107,664 | $4,767,316 |
National Junior College Athletic Association Charlotte, NC | $4,854,958 | $4,218,539 |
South Atlantic Conference Rock Hill, SC | $873,899 | $2,375,914 |
Greater Columbus Sports & Events Council Inc Columbus, GA | $3,992,863 | $1,719,246 |
North Carolina Amateur Sports Durham, NC | $909,899 | $1,521,463 |
Conference Carolinas Greenville, SC | $657,720 | $840,712 |
Blazesports America Inc Norcross, GA | $451,036 | $997,641 |
Charlotte Swim Association Inc Charlotte, NC | $554,861 | $832,030 |
National Cycling Center Inc Winstonsalem, NC | $249,574 | $474,399 |
Greensboro Sports Foundation Greensboro, NC | $1,077,031 | $278,969 |
American Football Events Team Usa Inc Denton, NC | $11,540 | $440,026 |
Crown Athletics Inc Woodstock, GA | $226,551 | $512,979 |