Atlantic 10 Conference
- Assets
- $61.0m
- Revenue
- $20.5m
- Investments
- $0.0
- Employees
- 18
- Location
- Newport News, VA
- Founding
- 11/1989
- Data as of
- 06/2021
- 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 06/2021, Atlantic 10 Conference employed 18 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 06/2021, Atlantic 10 Conference generated $20.5m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.7%) each year. All expenses for the organization totaled $24.6m during the year ending 06/2021. 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
2021
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 |
|---|---|---|---|
Bernadette V Mcglade Commissioner | Officer | 60 | $1,040,213 |
Tom Jacobs Senior Assoc. Commissioner | Officer | 60 | $191,658 |
Debbie Richardson Senior Assoc. Commissioner | Officer | 60 | $191,658 |
Jill Redmond Senior Assoc Commissioner | 60 | $146,569 | |
Sean Kearney Associate Commissioner, Fr | 60 | $136,000 | |
Sue Bergen Assistant Commissioner | Officer | 50 | $115,058 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $222,150 |
| All other contributions, gifts, grants, and similar amounts not included above | $303,936 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $526,086 |
| Total Program Service Revenue | $18,072,068 |
| Investment income | $1,363,861 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $543,010 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $3,216 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $20,508,241 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $52,375 |
| Grants and other assistance to domestic individuals. | $5,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $4,694,620 |
| Compensation of current officers, directors, key employees. | $1,367,012 |
| Compensation of current officers, directors, key employees. | $273,402 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,721,737 |
| Pension plan accruals and contributions | $93,545 |
| Other employee benefits | $300,085 |
| Payroll taxes | $94,950 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $62,506 |
| Fees for services: Accounting | $28,750 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $509 |
| Fees for services: Other | $86,671 |
| Advertising and promotion | $63,896 |
| Office expenses | $102,022 |
| Information technology | $71,994 |
| Royalties | $0 |
| Occupancy | $122,911 |
| Travel | $70,163 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $180 |
| Interest | $1,350 |
| Payments to affiliates | $14,097,119 |
| Depreciation, depletion, and amortization | $21,515 |
| Insurance | $96,645 |
| All other expenses | $13,378 |
| Total functional expenses | $24,594,482 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,499,376 |
| Savings and temporary cash investments | $12,604,804 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $60 |
| 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 | $87,746 |
| Net Land, buildings, and equipment | $42,227 |
| Investments—publicly traded securities | $44,058,328 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,691,188 |
| Total assets | $60,983,729 |
| Accounts payable and accrued expenses | $16,892,824 |
| 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 | $216,600 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $17,109,424 |
| Net assets without donor restrictions | $43,570,370 |
| Net assets with donor restrictions | $303,935 |
| 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 | $60,983,729 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Atlantic 10 Conference has recieved totaling $12,831,722.
| Awarding Organization | Amount |
|---|---|
National Collegiate Athletic Association Indianapolis, IN PURPOSE: Scholarships/Grants | $12,831,722 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Charlotte Sports Foundation Charlotte, NC | $17,242,160 | $23,218,983 |
Atlantic 10 Conference Newport News, VA | $60,983,729 | $20,508,241 |
Ohio Valley Conference Brentwood, TN | $13,074,927 | $12,736,519 |
Big Green Scholarship Foundation Inc Huntington, WV | $16,493,764 | $5,508,906 |
Central Intercollegiate Athletic Assn Charlotte, NC | $1,647,093 | $3,002,061 |
Commission On Accreditation Of Athletic Training Education Washington, DC | $2,568,849 | $1,866,924 |
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 |
Universal Sports And Academics Inc Waldorf, MD | $312,853 | $1,249,952 |
Cleveland County Alws Baseball Inc Shelby, NC | $1,206,630 | $1,175,426 |
Vienna Youth Inc Vienna, VA | $5,144,115 | $913,222 |