Southern Intercollegiate Athletic Conference Inc
- Assets
- $2.5m
- Revenue
- $2.1m
- Investments
- $0.0
- Employees
- 3
- Location
- Atlanta, GA
- Founding
- 03/2002
- Data as of
- 06/2023
- EIN
- 58-2644564
Organization Overview
Southern Intercollegiate Athletic Conference Inc is located in Atlanta, GA. The organization was established in 2002. According to its NTEE Classification (N64) the organization is classified as: Soccer, under the broad grouping of Recreation & Sports and related organizations. As of 06/2023, Southern Intercollegiate Athletic Conference Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Southern Intercollegiate Athletic Conference 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 06/2023, Southern Intercollegiate Athletic Conference Inc generated $2.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.5% each year. All expenses for the organization totaled $2.1m during the year ending 06/2023. While expenses have increased by 10.9% 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
FOUNDED IN 1913, THE SIAC IS A NCAA DIVISION II HBCU (HISTORICALLY BLACK COLLEGES & UNIVERSITIES) ATHLETIC CONFERENCE COMPRISED OF FIFTEEN INSTITUTIONS LOCATED WITHIN A SEVEN STATE FOOTPRINT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ORGANIZED TO LEVERAGE INTERCOLLEGIATE ATHLETICS TO THE BENEFIT OF SIAC STUDENT ATHLETES AND TO ADVANCE THE OVERARCHING STRATEGIC INTERESTS OF SIAC MEMBER INSTITUTIONS WHICH INCLUDE:1. ENHANCING ENROLLMENT AND RETENTION2. IDENTIFICATION OF NEW REVENUE SOURCES3. INCREASING ALUMNI AND COMMUNITY ENGAGEMENT4. ENHANCEMENT OF THE EXPERIENCES OF SIAC STUDENT-ATHLETES5. INCREASE VISIBILITY AND BRANDS OF SIAC INSTITUTIONS 6. IDENTIFICATION AND CONSUMATION OF STRATEGIC PARTNERSHIPS
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Marion Fedrick Board Member | Trustee | 2 | $0 |
Dr Roslyn Clark Artis Board Member | Trustee | 2 | $0 |
Dr Jack Thomas Board Member | Trustee | 2 | $0 |
Dr Ernest Mcnealey Vice Chair | Trustee | 0 | $0 |
Dr Paul Jones Chairman | Trustee | 2 | $0 |
Dr Ronald A Johnson Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $479,145 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $441,198 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $920,343 |
| Total Program Service Revenue | $1,093,955 |
| Investment income | $53,748 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| 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 | $2,068,046 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $262,931 |
| Compensation of current officers, directors, key employees. | $65,733 |
| Compensation to disqualified persons | $264,183 |
| 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 | $197,172 |
| Advertising and promotion | $32,845 |
| Office expenses | $163,358 |
| Information technology | $1,089 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $88,748 |
| 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 | $6,813 |
| Insurance | $8,062 |
| All other expenses | $108,913 |
| Total functional expenses | $2,077,847 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,031,617 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $295,000 |
| 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 | $18,038 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $140,835 |
| Total assets | $2,485,490 |
| Accounts payable and accrued expenses | $16,072 |
| 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 | $144,455 |
| Total liabilities | $160,527 |
| Net assets without donor restrictions | $0 |
| 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 | $61,355 |
| Retained earnings, endowment, accumulated income, or other funds | $2,263,608 |
| Total liabilities and net assets/fund balances | $2,485,490 |