Form 990 for tax year 2023
Filed by HILLTOPPER ATHLETIC FOUNDATION INC.
Totals
- Total revenue
- $3,880,249
- Total expenses
- $4,389,698
- Contributions and grants received
- $3,676,140
- Grants paid
- $2,193,026
- Program service revenue
- $0
- Investment income
- $204,109
- Other revenue
- $0
- Total assets, end of year
- $4,447,937
- Total liabilities, end of year
- $1,145,819
- Net assets or fund balances, end of year
- $3,302,118
- Program services expenses (Part IX)
- $3,709,888
- Management and general expenses
- $534,975
- Fundraising expenses
- $144,835
- Program service expenses (Part III)
- $3,709,888
Program services were 84.5% 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
$1,413,087
-
1f · All other contributions, gifts and grants
$2,263,053
-
1g · Noncash contributions included above
$66,498
-
3 · Investment income
total $109,720 · excluded $109,720
-
7a · Gross sales of assets other than inventory
securities $94,389
-
7c · Gain or loss
securities $94,389
-
7d · Net gain or loss
total $94,389 · excluded $94,389
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $2,193,026 · program services $2,193,026
-
11c · Fees: accounting
total $8,900 · management and general $8,900
-
11g · Fees: other
total $8,414 · management and general $8,414
-
13 · Office expenses
total $58,536 · management and general $50,304 · fundraising $8,232
-
17 · Travel
total $10,490 · management and general $10,490
-
23 · Insurance
total $90,789 · program services $90,789
-
24a · Other expenses: SALARY, BENEFIT REIMBURSE
total $914,289 · program services $458,591 · management and general $355,473 · fundraising $100,225
-
24b · Other expenses: EVENT TICKETS AND MEMBER
total $486,393 · program services $486,393
-
24c · Other expenses: COACH'S CONTRACT BUYOUT
total $350,000 · program services $350,000
-
24d · Other expenses: BANKING FEES
total $93,220 · management and general $93,220
-
24e · All other expenses
total $175,641 · program services $131,089 · management and general $8,174 · fundraising $36,378
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $1,285,200 · end of year $1,560,118
-
3 · Pledges and grants receivable
beginning of year $339,285 · end of year $194,408
-
4 · Accounts receivable
beginning of year $46,670
-
12 · Investments: other securities
beginning of year $2,889,954 · end of year $2,583,968
-
15 · Other assets
beginning of year $72,356 · end of year $109,443
-
17 · Accounts payable and accrued expenses
beginning of year $449,375 · end of year $444,370
-
23 · Secured mortgages and notes payable
beginning of year $580,000 · end of year $580,000
-
25 · Other liabilities
beginning of year $86,707 · end of year $121,449
-
27 · Net assets without donor restrictions
beginning of year $106,216 · end of year $205,142
-
28 · Net assets with donor restrictions
beginning of year $3,411,167 · end of year $3,096,976
Mission and programs · 2023
Mission
TO PROVIDE SUPPORT FOR WESTERN KENTUCKY UNIVERSITY (WKU) ATHLETIC PROGRAMS AND SCHOLARSHIPS FOR STUDENT-ATHLETES AND TO FACILITATE FINANCING OF SPECIFIED WKU ATHLETIC CONSTRUCTION PROJECTS.
Activities or mission (Part I)
FUNDS RECEIVED BY THE FOUNDATION ARE USED TO SUPPORT THE ATHLETIC PROGRAMS AT WESTERN KENTUCKY UNIVERSITY. AWARDS WERE MADE TO THE INDIVIDUAL ATHLETIC ACTIVITIES DURING THE FYE DECEMBER 31, 2023.
-
FUNDS RECEIVED BY THE FOUNDATION ARE USED TO SUPPORT THE ATHLETIC PROGRAMS AT WESTERN KENTUCKY UNIVERSITY. AWARDS WERE MADE TO THE INDIVIDUAL ATHLETIC ACTIVITIES DURING THE FISCAL YEAR ENDED DECEMBER 31, 2023.
Expenses $3,099,475 · Grants $1,582,613
-
PROVIDE FUNDS TO WESTERN KENTUCKY UNIVERSITY FOR CAPITAL IMPROVEMENTS TO ATHLETIC FACILITIES USED BY STUDENT ATHLETES.
Expenses $610,413 · Grants $610,413
As filed on the 2023 return.
Listed in Part VII
-
Kyle AllenKYLE ALLEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Sandra ApplingSANDRA APPLING
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Travis ArmstrongTRAVIS ARMSTRONG
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Bob BaysingerBOB BAYSINGER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Gemonee BrownGEMONEE BROWN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Craig BrowningCRAIG BROWNING
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Dr Andrew BurtDR ANDREW BURT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Ginger ClearyGINGER CLEARY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Rett DallasRETT DALLAS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Doug GormanDOUG GORMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Kevin GregoryKEVIN GREGORY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Greg HinesGREG HINES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Kevin HumphreyKEVIN HUMPHREY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Belle HuntBELLE HUNT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Lanny LoagueLANNY LOAGUE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Brian LowderBRIAN LOWDER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jim MartensJIM MARTENS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Kristin MillerKRISTIN MILLER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Joe MorelJOE MOREL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Tracy MosleyTRACY MOSLEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Al PedigoAL PEDIGO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Hal SchmittHAL SCHMITT
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
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
-
$1,500,000
SUPPORT FOR SCHOLARS
-
$610,413
CAPITAL CONSTRUCTION
-
$79,496
SUPPORT FOR ATHLETIC
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
115 1 · UNIVERSITY · KY
Directly controlled by NA
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 31 January 2025
- IRS schema version
- 2023v6.0
- Source object
- 202540319349302254
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.