Form 990 for tax year 2022
Filed by SOUTHERN INTERCOLLEGIATE ATHLETIC CONFERENCE INC.
Totals
- Total revenue
- $2,068,046
- Total expenses
- $2,077,847
- Contributions and grants received
- $920,343
- Grants paid
- $0
- Program service revenue
- $1,093,955
- Investment income
- $53,748
- Other revenue
- $0
- Total assets, end of year
- $2,485,490
- Total liabilities, end of year
- $160,527
- Net assets or fund balances, end of year
- $2,324,963
- Program services expenses (Part IX)
- $1,194,093
- Management and general expenses
- $697,687
- Fundraising expenses
- $186,067
- Program service expenses (Part III)
- $1,194,093
Program services were 57.5% 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.
-
1b · Membership dues
$479,145
-
1f · All other contributions, gifts and grants
$441,198
-
2a · Program service revenue: Licensicing & Streaming
total $46 · related or exempt $46
-
2b · Program service revenue: Sponsorship
total $904,750 · related or exempt $904,750
-
2c · Program service revenue: Tournament Revenue
total $189,159 · related or exempt $189,159
-
3 · Investment income
total $53,748 · related or exempt $53,748
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $262,931 · program services $118,319 · management and general $65,733 · fundraising $78,879
-
6 · Compensation of disqualified persons
total $264,183 · program services $118,882 · management and general $66,046 · fundraising $79,255
-
7 · Other salaries and wages
total $0
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total $0
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $0
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $197,172 · management and general $197,172
-
12 · Advertising and promotion
total $32,845 · management and general $4,912 · fundraising $27,933
-
13 · Office expenses
total $163,358 · management and general $163,358
-
14 · Information technology
total $1,089 · management and general $1,089
-
15 · Royalties
total $0
-
16 · Occupancy
total $0
-
17 · Travel
total $88,748 · program services $66,561 · management and general $22,187
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $6,813 · management and general $6,813
-
23 · Insurance
total $8,062 · management and general $8,062
-
24a · Other expenses: Program Expenses
total $519,178 · program services $519,178
-
24b · Other expenses: Scholarships
total $200,500 · program services $200,500
-
24c · Other expenses: Broadcasting
total $166,928 · program services $166,928
-
24d · Other expenses: Contract Services
total $57,127 · management and general $57,127
-
24e · All other expenses
total $108,913 · program services $3,725 · management and general $105,188
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,961,401 · end of year $2,031,617
-
2 · Savings and temporary cash investments
end of year $0
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
beginning of year $351,566 · end of year $295,000
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
end of year $0
-
10a · Land, buildings and equipment: cost or other basis
$79,884
-
10b · Land, buildings and equipment: accumulated depreciation
$61,846
-
10c · Land, buildings and equipment, net
beginning of year $12,799 · end of year $18,038
-
11 · Investments: publicly traded securities
end of year $0
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
end of year $140,835
-
17 · Accounts payable and accrued expenses
beginning of year $37,500 · end of year $16,072
-
24 · Unsecured notes and loans payable
beginning of year $571
-
25 · Other liabilities
beginning of year $1 · end of year $144,455
-
30 · Paid-in or capital surplus, or land, building or equipment fund
beginning of year $61,355 · end of year $61,355
-
31 · Retained earnings, endowment or other funds
beginning of year $2,226,339 · end of year $2,263,608
Mission and programs · 2022
Mission
Founded in 1913, the SIAC is a NCAA Division II HBCU (Historically Black Colleges & Universities) athletic conference comprised of fifteen institutions located within a seven state footprint.
-
Organized to leverage intercollegiate athletics to the benefit of SIAC student athletes and to advance the overarching strategic interests of SIAC member institutions which include:1. Enhancing enrollment and retention2. Identification of new revenue sources3. Increasing alumni and community engagement4. Enhancement of the experiences of SIAC student-athletes5. Increase visibility and brands of SIAC institutions 6. Identification and consumation of strategic partnerships
Expenses $1,194,093
As filed on the 2022 return.
Listed in Part VII
-
Dr Marion Fedrick
Board Member
- Total calculated
- $0
- Hours/week
- 2
-
Dr Roslyn Clark Artis
Board Member
- Total calculated
- $0
- Hours/week
- 2
-
Dr Jack Thomas
Board Member
- Total calculated
- $0
- Hours/week
- 2
-
Dr Ernest McNealey
Vice Chair
- Total calculated
- $0
- Hours/week
- 0
-
Dr Paul Jones
Chairman
- Total calculated
- $0
- Hours/week
- 2
-
Dr Ronald A Johnson
Board Member
- Total calculated
- $0
- Hours/week
- 2
-
Dr Logan C Hampton
Board Member
- Total calculated
- $0
- Hours/week
- 2
-
Dr Bernell Bennett-Fairs
Board Member
- Total calculated
- $0
- Hours/week
- 2
-
David Thomas
Board Member
- Total calculated
- $0
- Hours/week
- 2
-
Dr A Zachary Faison Jr
Board Member
- Total calculated
- $0
- Hours/week
- 2
-
Mary Van Burnt
Board Member
- Total calculated
- $0
- Hours/week
- 2
-
Charlotte Morris
Board Member
- Total calculated
- $0
- Hours/week
- 2
-
Dr George T French Jr
Board Member
- Total calculated
- $0
- Hours/week
- 2
-
Dr Bobbi Knight
Board Member
- Total calculated
- $0
- Hours/week
- 2
-
Anthony Holloman
Commissioner
- Total calculated
- $0
- Hours/week
- 70
-
Dr Kimberly Ballard-Washington
Board Member
- Total calculated
- $0
- Hours/week
- 0
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.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 3 July 2024
- IRS schema version
- 2022v5.0
- Source object
- 202401859349301510
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.