Interscholastic Athletic Conference Inc is located in Whitney Point, NY. The organization was established in 2019. 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 06/2022, Interscholastic Athletic Conference Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Interscholastic 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 06/2022, Interscholastic Athletic Conference Inc generated $1.1m in total revenue. All expenses for the organization totaled $1.0m during the year ending 06/2022. While expenses have increased by 43.3% per year over the past 4 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 ESTABLISH A CENTRAL CONFERENCE THROUGH WHICH PARTICIPATING SCHOOL SYSTEMS COOPERATIVELY PROVIDE AN INTERSCHOLASTIC ATHLETIC PROGRAM FOR STUDENTS OF THEIR RESPECTIVE SCHOOLS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROGRAM DUES COLLECTED FROM PARTICIPATING SCHOOLS REDUCED BY PROGRAM EXPENSES OF EACH SCHOOL.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Cynthia M Ford Treasurer | 25 | $16,000 | |
Catharine Haight Executive Director | 25 | $15,000 | |
Willard Cook President | Officer | 3 | $0 |
Todd A James Vice-President | Officer | 1 | $0 |
Todd Salls Ex Committee Member | Trustee | 1 | $0 |
Murphee Hayes Ex Committee Member | Trustee | 1 | $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 | $1,129 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,129 |
Total Program Service Revenue | $1,049,153 |
Investment income | $111 |
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 | $1,050,393 |
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. | $31,000 |
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 | $3,235 |
Fees for services: Management | $10,753 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $525 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $897,728 |
Advertising and promotion | $0 |
Office expenses | $6,782 |
Information technology | $3,630 |
Royalties | $0 |
Occupancy | $11,742 |
Travel | $2,934 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $47,610 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $7,428 |
All other expenses | $0 |
Total functional expenses | $1,023,367 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $49,543 |
Savings and temporary cash investments | $787,823 |
Pledges and grants receivable | $0 |
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 | $837,366 |
Accounts payable and accrued expenses | $0 |
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 | $0 |
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 | $0 |
Retained earnings, endowment, accumulated income, or other funds | $837,366 |
Total liabilities and net assets/fund balances | $837,366 |
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