Foundation Of The Natl Assoc Of Collegiate Directors Of Athletics
- Assets
- $1.2m
- Revenue
- $82.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Westlake, OH
- Founding
- 09/1982
- Data as of
- 12/2021
- EIN
- 34-1367157
Organization Overview
Foundation Of The Natl Assoc Of Collegiate Directors Of Athletics, operating under the name Nacda Foundation, is located in Westlake, OH. The organization was established in 1982. According to its NTEE Classification (F20) the organization is classified as: Substance Abuse Dependency, Prevention & Treatment, under the broad grouping of Mental Health & Crisis Intervention and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nacda Foundation 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 12/2021, Nacda Foundation generated $82.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.1%) each year. All expenses for the organization totaled $61.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (12.5%) per year over the past 7 years. 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 NACDA FOUNDATION WAS FORMED TO PROVIDE AND FUND EDUCATION FOR DESERVING INDIVIDUALS WHO WANT TO PURSUE A CAREER IN THE FIELD OF ATHLETIC ADMINISTRATION. THE FOUNDATION'S INTERN PROGRAM PROVIDES WORK EXPERIENCE, HOUSING, MENTORING AND NETWORKING OPPORTUNITIES TO RECENT COLLEGE GRADUATES. THE STIPEND PROGRAM PROVIDES OPPORTUNITIES TO ATTEND THE NACDA ANNUAL CONVENTION, THE LARGEST CONVENTION IN THE INDUSTRY FOCUSING ON COLLEGIATE SPORTS EDUCATION AND NETWORKING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
INTERN PROGRAM: PROVIDES WORK EXPERIENCE, HOUSING, MENTORING, AND NETWORK OPPORTUNITIES TO 2 RECENT COLLEGE GRADUATES WHO WISH TO PURSUE CAREERS IN COLLEGE ATHLETICS.
STIPEND PROGRAM: PROVIDES FINANCIAL ASSISTANCE TO DESERVING INDIVIDUALS IN THE FIELD OF COLLEGIATE ATHLETICS IN ORDER TO ATTEND THE NACDA ANNUAL CONVENTION, SPRING SYMPOSIUM, AND FALL FORUM. IN 2021 THE COVID-19 PANDEMIC LEAD TO THESE EVENTS BEING HELD VIRTUALLY AND SO NO STIPENDS WERE PAID.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rick Hart First Vice President | OfficerTrustee | 2 | $0 |
Pennie Parker Secretary | OfficerTrustee | 2 | $0 |
Jamie Pollard President | OfficerTrustee | 2 | $0 |
Pat Chun Second Vice President | OfficerTrustee | 2 | $0 |
Ross Bjork Third Vice President | OfficerTrustee | 2 | $0 |
Robert J Vecchione Jr Chief Executive Officer | Officer | 30 | $0 |
Financial Statements
| 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 | $47,100 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $47,100 |
| Total Program Service Revenue | $0 |
| Investment income | $35,781 |
| 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 | $82,881 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $29,429 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $2,173 |
| Payroll taxes | $2,206 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $380 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $4,581 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $1,243 |
| Information technology | $3,329 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $61,015 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $239,026 |
| Savings and temporary cash investments | $0 |
| 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 | $971,713 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,210,739 |
| Accounts payable and accrued expenses | $310,092 |
| 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 | $2,975 |
| Total liabilities | $313,067 |
| Net assets without donor restrictions | $897,672 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $1,210,739 |
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