Form 990 for tax year 2022
Filed by GEORGIA STATE UNIVERSITY ATHLETIC ASSOCIATION INC.
Totals
- Total revenue
- $32,667,258
- Total expenses
- $30,757,361
- Contributions and grants received
- $0
- Grants paid
- $5,768,878
- Program service revenue
- $30,832,152
- Investment income
- $199,446
- Other revenue
- $1,635,660
- Total assets, end of year
- $25,839,517
- Total liabilities, end of year
- $8,995,645
- Net assets or fund balances, end of year
- $16,843,872
- Program services expenses (Part IX)
- $29,706,204
- Management and general expenses
- $665,801
- Fundraising expenses
- $385,356
- Program service expenses (Part III)
- $29,706,204
Program services were 96.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
2a · Program service revenue: ATHLETIC FEES
total $20,883,405 · related or exempt $20,883,405
-
2b · Program service revenue: GAME AND CONFERENCE REV
total $5,959,141 · related or exempt $5,959,141
-
2c · Program service revenue: SERVICE FEES & ADVERTISING
total $2,035,392 · related or exempt $1,862,771 · unrelated business $172,621
-
2d · Program service revenue: OTHER REVENUE
total $1,954,214 · related or exempt $1,943,347 · unrelated business $10,867
-
3 · Investment income
total $201,842 · excluded $201,842
-
6a · Gross rents
real property $450,597
-
6b · Less rental expenses
real property $0
-
6c · Rental income or loss
real property $450,597
-
6d · Net rental income or loss
total $450,597 · excluded $450,597
-
7b · Less cost or other basis and sales expenses
other assets $2,396
-
7c · Gain or loss
other assets -$2,396
-
7d · Net gain or loss
total -$2,396 · excluded -$2,396
-
11a · Other revenue: REIMBURSEMENTS
total $449,634 · excluded $449,634
-
11b · Other revenue: PARKING
total $437,963 · excluded $437,963
-
11c · Other revenue: COMMISSIONS
total $297,466 · excluded $297,466
-
11e · Other revenue, total
$1,185,063
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $5,768,878 · program services $5,768,878
-
5 · Compensation of officers, directors and key employees
total $621,580 · program services $61,701 · management and general $313,075 · fundraising $246,804
-
7 · Other salaries and wages
total $9,787,635 · program services $9,569,779 · management and general $115,225 · fundraising $102,631
-
9 · Other employee benefits
total $2,628,023 · program services $2,556,344 · management and general $35,758 · fundraising $35,921
-
11c · Fees: accounting
total $38,537 · management and general $38,537
-
11g · Fees: other
total $1,618,802 · program services $1,618,802
-
12 · Advertising and promotion
total $192,735 · program services $192,735
-
17 · Travel
total $2,258,947 · program services $2,258,947
-
22 · Depreciation, depletion and amortization
total $89,219 · program services $89,219
-
23 · Insurance
total $341,716 · program services $303,227 · management and general $38,489
-
24a · Other expenses: UNRELATED BUSINESS INCO
total $124,717 · management and general $124,717
-
24b · Other expenses: SUPPLIES AND MATERIALS
total $5,248,060 · program services $5,248,060
-
24c · Other expenses: CHANGE IN AFFILIATE-HEL
total $696,409 · program services $696,409
-
24d · Other expenses: UNIFORMS
total $610,572 · program services $610,572
-
24e · All other expenses
total $731,531 · program services $731,531
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $4,240,729 · end of year $17,208,854
-
4 · Accounts receivable
beginning of year $469,453 · end of year $814
-
9 · Prepaid expenses and deferred charges
beginning of year $157,968 · end of year $283,266
-
10a · Land, buildings and equipment: cost or other basis
$2,222,502
-
10b · Land, buildings and equipment: accumulated depreciation
$1,805,565
-
10c · Land, buildings and equipment, net
beginning of year $343,123 · end of year $416,937
-
15 · Other assets
beginning of year $14,096,092 · end of year $7,929,646
-
17 · Accounts payable and accrued expenses
beginning of year $1,139,062 · end of year $611,318
-
19 · Deferred revenue
beginning of year $2,763,938 · end of year $1,970,196
-
25 · Other liabilities
beginning of year $470,390 · end of year $6,414,131
-
27 · Net assets without donor restrictions
beginning of year $7,198,334 · end of year $8,691,655
-
28 · Net assets with donor restrictions
beginning of year $7,735,641 · end of year $8,152,217
Mission and programs · 2022
Mission
TO PROVIDE ADVICE, GUIDANCE, AND LEADERSHIP TO ADVANCE AND PROMOTE ATHLETICS AT GEORGIA STATE UNIVERSITY.
Activities or mission (Part I)
TO PROVIDE ADVICE, GUIDANCE, AND LEADERSHIP TO ADVANCE ATHLETICS AT GEORGIA STATE UNIVERSITY.
-
GSUAA PROVIDED THE FUNDING FOR 322, COMBINED MEN'S AND WOMEN'S, STUDENTS ATHLETIC SCHOLARSHIPS, AND PROVIDED OPERATING FUNDS FOR MEN'S AND WOMEN'S ATHLETIC TEAMS PLUS OTHER RELATED ACTIVITIES.
Expenses $29,706,204 · Grants $5,768,878 · Revenue $30,648,664
As filed on the 2022 return.
Listed in Part VII
-
Charles CobbCHARLES COBB
DIRECTOR, ATHLETIC DIRECTO
- Total calculated
- $481,502
- From this org
- $457,509
- From related orgs
- $0
- Other
- $23,993
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $422,009
- Bonus
- $29,500
- Other
- $6,000
- Deferred
- $0
- Nontaxable benefits
- $23,993
- Filer's total
- $481,502
-
Dr M Brian BlakeDR M BRIAN BLAKE
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 0.5
-
L Jared AbramsonL JARED ABRAMSON
TREASURER
- Total calculated
- $0
- Hours/week
- 0.5
-
Chester PhillipsCHESTER PHILLIPS
SECRETARY
- Total calculated
- $0
- Hours/week
- 0.5
-
Kris VarjasKRIS VARJAS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Norman PowellNORMAN POWELL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Allen PooleALLEN POOLE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Tony BurgerTONY BURGER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Jay KhanJAY KHAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Frank StricklandFRANK STRICKLAND
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Fred BoykinFRED BOYKIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- FORM 990, PART VII, LINE 1, PART IX LINE 5 AND 7
- THE GEORGIA STATE UNIVERSITY ATHLETIC ASSOCIATION DOES NOT HAVE ANY W-2 EMPLOYEES. ALL PERSONNEL ASSOCIATED WITH THE ATHLETIC ASSOCIATION ARE EMPLOYED BY GEORGIA STATE UNIVERSITY, EIN 58-6002050, AN UNRELATED ORGANIZATION. CHARLES COBB, DIRECTOR OF ATHLETICS, RECEIVED $481,502 OF COMPENSATION AND BENEFITS FROM GEORGIA STATE UNIVERSITY FOR SERVICES PROVIDED TO GEORGIA STATE UNIVERSITY ATHLETIC ASSOCIATION. THE ATHLETIC ASSOCIATION REIMBURSES THE UNIVERSITY FOR 11 EMPLOYEES PROVIDING SERVICES TO THE ASSOCIATION.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
GEORGIA STATE UNIVERSITY
$5,768,878
STUDENT SCHOLARSHIPS
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 15 February 2024
- IRS schema version
- 2022v5.0
- Source object
- 202400469349302735
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