Big Green Scholarship Foundation Inc is located in Huntington, WV. The organization was established in 1986. According to its NTEE Classification (N40) the organization is classified as: Sports Associations & Training Facilities, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Big Green Scholarship 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, Big Green Scholarship Foundation Inc generated $5.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.6% each year. All expenses for the organization totaled $5.1m during the year ending 06/2022. While expenses have increased by 4.4% 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
TO RAISE FUNDS FOR ATHLETIC SCHOLARSHIPS FOR QUALITY STUDENT-ATHLETES AND TO ASSIST IN THE PROMOTION OF A QUALITY ATHLETIC PROGRAM AT MARSHALL UNIVERSITY IN COMPLIANCE WITH RULES AND REGULATIONS SET FORTH BY THE NCAA, THE CURRENT CONFERENCE, AND MARSHALL UNIVERSITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THIS AMOUNT ASSISTS IN PROVIDING SCHOLARSHIP AID AND PROGRAM SUPPORT FOR THE MARSHALL UNIVERSITY DEPARTMENT OF INTERCOLLEGIATE ATHLETICS.
THIS AMOUNT IS FOR THE SCHOLARSHIP AND COST-OF-ATTENDANCE SUPPORT FOR STUDENT-ATHLETES AT MARSHALL UNIVERSITY. MARSHALL UNIVERSITY HAS APPROXIMATELY 473 STUDENT-ATHLETES, WHO PARTICIPATE IN SIXTEEN VARSITY SPORTS (SIX MEN AND TEN WOMEN). OF THESE STUDENT-ATHLETES, 235 WERE RECOGNIZED BY CONFERENCE USA AS HAVING A GPA OF 3.0 OR HIGHER IN THE MOST RECENT SEMESTER.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Mark George Immediate Pa | OfficerTrustee | 0.25 | $0 |
Chris Lambert President | OfficerTrustee | 2.5 | $0 |
Rocky Young Director | OfficerTrustee | 0.25 | $0 |
John Sutherland Executive Di | Officer | 40 | $0 |
John Aluise Director | Trustee | 0.25 | $0 |
Brad Bobersky Director | Trustee | 0.25 | $0 |
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 | $4,852,544 |
Noncash contributions included in lines 1a–1f | $467,461 |
Total Revenue from Contributions, Gifts, Grants & Similar | $4,852,544 |
Total Program Service Revenue | $0 |
Investment income | $424,209 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $10,414 |
Net Income from Fundraising Events | $140,958 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $5,508,906 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $2,342,474 |
Grants and other assistance to domestic individuals. | $878,621 |
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 | $343,180 |
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 | $16,485 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $51,665 |
Fees for services: Other | $160,012 |
Advertising and promotion | $242,765 |
Office expenses | $54,121 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $188,876 |
Travel | $590,997 |
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 | $11,628 |
Insurance | $10,274 |
All other expenses | $21,905 |
Total functional expenses | $5,059,787 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $981,476 |
Savings and temporary cash investments | $1,306,631 |
Pledges and grants receivable | $2,802,748 |
Accounts receivable, net | $64,054 |
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 | $2,039 |
Net Land, buildings, and equipment | $84,386 |
Investments—publicly traded securities | $11,185,870 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $66,560 |
Total assets | $16,493,764 |
Accounts payable and accrued expenses | $24,045 |
Grants payable | $0 |
Deferred revenue | $350 |
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 | $40,000 |
Other liabilities | $64,521 |
Total liabilities | $128,916 |
Net assets without donor restrictions | $3,289,968 |
Net assets with donor restrictions | $13,074,880 |
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 | $16,493,764 |
Over the last fiscal year, we have identified 6 grants that Big Green Scholarship Foundation Inc has recieved totaling $67,956.
Awarding Organization | Amount |
---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $30,950 |
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $13,565 |
Charities Aid Foundation America Alexandria, VA PURPOSE: CHARITABLE DONATION | $12,331 |
Schwab Charitable Fund San Francisco, CA PURPOSE: PUBLIC, SOCIETAL BENEFIT | $10,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $960 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $150 |
Organization Name | Assets | Revenue |
---|---|---|
Ohio High School Athletic Association Columbus, OH | $19,212,358 | $25,255,683 |
Pennsylvania Interscholastic Athletic Association Inc Mechanicsburg, PA | $8,620,824 | $8,959,016 |
Big Green Scholarship Foundation Inc Huntington, WV | $16,493,764 | $5,508,906 |
The Patriot League Bethlehem, PA | $9,439,156 | $5,239,747 |
Ambassadors Football Twinsburg, OH | $3,909,961 | $2,647,510 |
Gold Medal Karate Inc Philadelphia, PA | $325,219 | $2,265,129 |
Linganore Area Youth Athletic Association Inc New Market, MD | $1,071,409 | $1,555,930 |
Nextmax Inc Benton, KY | $15,645 | $50,694 |
Karate For Christ International Inc Virginia Beach, VA | $231,385 | $1,111,339 |
Prince Athletic Association York, PA | $561,511 | $1,218,167 |
Universal Sports And Academics Inc Waldorf, MD | $312,853 | $1,249,952 |
Pine-Richland Youth Center Gibsonia, PA | $1,819,568 | $1,015,041 |