Mid-Eastern Athletic Conference
- Assets
- $4.7m
- Revenue
- $10.9m
- Investments
- $0.0
- Employees
- 19
- Location
- Norfolk, VA
- Founding
- 01/1973
- Data as of
- 06/2023
- EIN
- 56-0992403
Organization Overview
Mid-Eastern Athletic Conference is located in Norfolk, VA. The organization was established in 1973. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, under the broad grouping of Recreation & Sports and related organizations. As of 06/2023, Mid-Eastern Athletic Conference employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mid-Eastern Athletic Conference is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 06/2023, Mid-Eastern Athletic Conference generated $10.9m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.5% each year. All expenses for the organization totaled $12.1m during the year ending 06/2023. While expenses have increased by 2.1% per year over the past 8 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 2015, Mid-Eastern Athletic Conference has awarded 116 individual grants totaling $8,734,134. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO COLLABORATE WITH OTHER CONFERENCES IN FORMULATING AND IMPLEMENTING AN IMPROVED MODEL FOR THE CONDUCT OF INTERCOLLEGIATE ATHLETICS, THIS IS CONSISTENT, WITH THE CONFERENCES VALUES. TO SUSTAIN ATHLETIC EXCELLENCE WHILE SIGNIFICANTLY INCREASING STUDENT-ATHLETE ACADEMIC PERFORMANCE LEVELS AND GRADUATION RATES; AND TO ASSURE EACH MEMBER INSTITUTION'S COMMITMENT TO THE CONFERENCE'S VALUES, AND IN SO DOING, TO IMPROVE RELATIONSHIPS AMONG MEMBERS AND TO MANAGE THE TENSIONS THAT FREQUENTLY SURFACE IN A COMPETITIVE ENVIRONMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO ADMINISTER THE COLLEGIATE ATHLETIC PROGRAMS OF THE MID-EASTERN ATHLETIC CONFERENCE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ms Linda Gooden Board Member | Trustee | 0.5 | $0 |
Dr Devona Williams Board Member | Trustee | 0.5 | $0 |
Dr Laurence C Morse Board Member | Trustee | 0.5 | $0 |
Honorable Kweisi Mfume Board Member | Trustee | 0.5 | $0 |
Mr Devon M Henry Board Member | Trustee | 0.5 | $0 |
Mr Kevin M Holloway Board Member | Trustee | 0.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Josten's Championship Products | 6/29/19 | $303,053 |
Synergy Sports Web-based, On-demand Video-support Analy | 6/29/19 | $132,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $290,500 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $100,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,907,871 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,298,371 |
| Total Program Service Revenue | $4,808,841 |
| Investment income | $7,834 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $1,799,914 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $10,914,960 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $618,998 |
| Grants and other assistance to domestic individuals. | $289,315 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $749,995 |
| Compensation of current officers, directors, key employees. | $119,999 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $596,131 |
| Pension plan accruals and contributions | $339 |
| Other employee benefits | $102,051 |
| Payroll taxes | $74,120 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $68,916 |
| Fees for services: Accounting | $42,215 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $248,127 |
| Advertising and promotion | $540,524 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $39,006 |
| Travel | $252,905 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $310,133 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $56,314 |
| Insurance | $0 |
| All other expenses | $649,614 |
| Total functional expenses | $12,121,755 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $208,098 |
| Savings and temporary cash investments | $3,056,190 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $278,095 |
| 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 | $90,000 |
| Net Land, buildings, and equipment | $939,655 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $2,273 |
| Other assets | $78,577 |
| Total assets | $4,652,888 |
| Accounts payable and accrued expenses | $89,993 |
| 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 | $882,504 |
| Total liabilities | $972,497 |
| Net assets without donor restrictions | $2,063,352 |
| Net assets with donor restrictions | $1,617,039 |
| 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 | $4,652,888 |
Grants Awarded
Over the last fiscal year, Mid-Eastern Athletic Conference has awarded $618,998 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
COPPIN STATE UNIVERSITY PURPOSE: STUDENT ATHLETE OPPORTUNITY FUND | $18,650 |
UNIVERSITY OF MARYLAND EASTERN SHORE PURPOSE: STUDENT ATHLETE OPPORTUNITY FUND | $19,286 |
MORGAN STATE UNIVERSITY PURPOSE: STUDENT ATHLETE OPPORTUNITY FUND | $73,765 |
SC STATE UNIVERSITY FOUNDATION PURPOSE: STUDENT ATHLETE OPPORTUNITY FUND | $35,245 |
NORFOLK STATE UNIVERSITY PURPOSE: STUDENT ATHLETE OPPORTUNITY FUND | $62,829 |
NORTH CAROLINA CENTRAL UNIVERSITY PURPOSE: STUDENT ATHLETE OPPORTUNITY FUND | $59,510 |