Atlantic 10 Conference
- Assets
- $57.1m
- Revenue
- $26.0m
- Investments
- $0.0
- Employees
- 20
- Location
- Newport News, VA
- Founding
- 11/1989
- Data as of
- 06/2022
- EIN
- 22-2985527
Organization Overview
Atlantic 10 Conference is located in Newport News, VA. The organization was established in 1989. 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. As of 06/2022, Atlantic 10 Conference employed 20 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Atlantic 10 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, Atlantic 10 Conference generated $26.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $21.8m during the year ending 06/2022. While expenses have increased by 2.8% 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
THE ATLANTIC 10 CONFERENCE IS COMMITTED TO PROVIDING QUALITY COMPETITION AMONG ITS MEMBER INSTITUTIONS, WHILE FURTHERING ACADEMIC INTEGRITY AND PROMOTING POSITIVE BEHAVIOR AMONG STUDENT-ATHLETES, COACHES, ADMINISTRATORS, AND FANS. THE CONFERENCE SHALL WORK WITH ALL ITS MEMBER INSTITUTIONS TO PROVIDE SERVICES THAT WILL ENHANCE INSTITUTIONAL RESOURCES AND OFFER A QUALITY EXPERIENCE TO ALL STUDENT-ATHLETES, WHILE UPHOLDING THE STANDARDS ESTABLISHED BY THE CONFERENCE AND THE NCAA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTION AND ADMINISTRATION OF MEN'S AND WOMEN'S COLLEGIATE ATHLETICS FOR MEMBER COLLEGES AND UNIVERSITIES OF ATLANTIC 10 CONFERENCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Mark C Reed President | OfficerTrustee | 2 | $0 |
Dr Mark S Wrighton Trustee | Trustee | 1 | $0 |
Dr Carol Quillen Trustee | Trustee | 1 | $0 |
Dr Eric F Spina Trustee | Trustee | 1 | $0 |
Dr Kenneth G Gormley JD Trustee | Trustee | 1 | $0 |
Rev Joseph M Mcshane Sj Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $218,267 |
| All other contributions, gifts, grants, and similar amounts not included above | $305,552 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $523,819 |
| Total Program Service Revenue | $23,471,726 |
| Investment income | $1,984,647 |
| 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 | $7,595 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $25,987,787 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $11,125 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $4,623,971 |
| Compensation of current officers, directors, key employees. | $1,483,236 |
| Compensation of current officers, directors, key employees. | $296,647 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $711,286 |
| Pension plan accruals and contributions | $99,494 |
| Other employee benefits | $302,175 |
| Payroll taxes | $153,891 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $37,482 |
| Fees for services: Accounting | $28,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $545 |
| Fees for services: Other | $59,359 |
| Advertising and promotion | $104,053 |
| Office expenses | $172,140 |
| Information technology | $86,020 |
| Royalties | $0 |
| Occupancy | $114,900 |
| Travel | $219,782 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $184,778 |
| Interest | $1,667 |
| Payments to affiliates | $11,295,562 |
| Depreciation, depletion, and amortization | $17,529 |
| Insurance | $111,884 |
| All other expenses | $47,672 |
| Total functional expenses | $21,751,455 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,459,993 |
| Savings and temporary cash investments | $15,523,149 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,248,631 |
| 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 | $123,337 |
| Net Land, buildings, and equipment | $24,698 |
| Investments—publicly traded securities | $36,309,789 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,441,065 |
| Total assets | $57,130,662 |
| Accounts payable and accrued expenses | $16,320,264 |
| Grants payable | $0 |
| Deferred revenue | $85,000 |
| 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 | $16,405,264 |
| Net assets without donor restrictions | $40,419,846 |
| Net assets with donor restrictions | $305,552 |
| 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 | $57,130,662 |