Overview
What is University Of Louisville Athletic Association?
The University of Louisville Athletic Association (ULAA) is a nonprofit organization dedicated to nurturing intercollegiate athletic teams comprised of students from the University of Louisville. Based at 2215 S Brook Street, Louisville, KY, 40208, ULAA focuses on academics and athletics, with student athletes maintaining an impressive average grade point average of 3.0 or better for 23 consecutive semesters. ULAA awarded over $15 million in scholarships to more than 700 student athletes during the 2021-2022 fiscal year. In terms of athletic achievements, ULAA's teams and individuals shone, with numerous accolades and national titles earned across various sports. ULAA's mission aligns with the University of Louisville's general education policy, combining athletic development with academic success.
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What are the reviews and ratings of this charity?
Charity Navigator rating: 73% (Two-Star out of Four Star rating)
The University of Louisville Athletic Association has received a Two-Star rating from Charity Navigator, indicating a moderate performance in terms of accountability and financial health. While the organization scored well in several areas, such as having a fully independent board size and maintaining effective policies regarding conflict of interest and whistleblower protections, it fell short in terms of board independence, with only 37% of its members being independent.
The organization demonstrates a strong commitment to its programmatic spending, as evidenced by a high program expense ratio of 95.73%. This suggests that a significant majority of its resources are directed toward its mission-related activities. Additionally, the absence of material diversion of assets points to a level of financial integrity within the organization.
However, there are notable limitations, including a lack of transparency due to the missing tax form on the nonprofit's website and a concerning liabilities to assets ratio of 70.70%, which could raise questions about financial stability. Overall, while the University of Louisville Athletic Association shows strengths in certain governance areas, its performance is tempered by issues that may affect donor confidence.
This AI summary has been generated from information found on Charity Navigator.
Is University Of Louisville Athletic Association legitimate?
University Of Louisville Athletic Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. University Of Louisville Athletic Association submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $1,273,913
Professional Fundraising Fees: $0
Other Salaries and Wages: $40,725,429
For more financial information, click here
Official website here: www.gocards.com
What is the mission statement of University Of Louisville Athletic Association?
The University of Louisville Athletic Association focuses on creating intercollegiate athletic teams for the university's students and managing athletic contests. It prioritizes academic success, with student athletes achieving an impressive average grade point average of 3.0 or higher for 23 consecutive semesters. The organization offers substantial scholarships, awarding nearly $15 million to over 700 students during the fiscal year. In the realm of athletics, the association enables student-athletes to excel and be recognized nationally for their achievements. Several teams and individuals reached notable milestones, including a volleyball team reaching the Final Four, pole vaulter Gabriela Leon becoming the NCAA outdoor pole vault national champion, and baseball capturing the ACC Atlantic Division crown and reaching a Super Regional. Swimming and diving also had a strong season, with Nick Albiero earning multiple accolades.
Official website here: www.gocards.com
What is the revenue of University Of Louisville Athletic Association?
University Of Louisville Athletic Association's revenue in 2023 was $136,965,256.
Official website here: www.gocards.com
Who are the executives of University Of Louisville Athletic Association and what are their salaries?
The average compensation at University Of Louisville Athletic Association during 2023 was $67,307. There are 624 employees and 121 volunteers at University Of Louisville Athletic Association.
Here are 41 key members and their salaries:
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- Related: $433,919
- Other: $52,259
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- Other: $20,440
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- Other: $48,556
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- Other: $26,651
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- Other: $44,552
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- Other: $33,993
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- Other: $29,872
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- Related: $170,821
- Other: $41,093
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- Related: $128,231
- Other: $33,390
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- Other: $52,303
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- Related: $122,683
- Other: $23,172
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- Related: $184,555
- Other: $19,341
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- Other: $26,015
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- Other: $21,719
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- Other: $47,987
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- Other: $27,334
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- Compensation: $844,410
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- Other: $159,705
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- Related: $84,348
- Other: $22,736
- Compensation: $181,726
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- Other: $38,268
- Compensation: $234,270
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- Other: $37,314
- Compensation: $1,618,421
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- Other: $150,076
- Compensation: $3,241,608
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- Other: $50,328
- Compensation: $1,952,678
- Related: $0
- Other: $45,478
- Compensation: $2,750,005
- Related: $0
- Other: $217,059
- Compensation: $5,105,691
- Related: $0
- Other: $1,774
- Compensation: $0
- Related: $318,001
- Other: $20,898
- Compensation: $0
- Related: $134,441
- Other: $28,102
Official website here: www.gocards.com
Where can I find the form 990 for University Of Louisville Athletic Association?
University Of Louisville Athletic Association's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.gocards.com
Learn more at the official website: www.gocards.com
Mission Statement of University Of Louisville Athletic Association
The University of Louisville Athletic Association (ULAA) is a dynamic organization dedicated to the development of intercollegiate athletic teams for the University of Louisville students. Its mission aligns harmoniously with the institution's general education policy, ensuring a balance between academic pursuits and athletic endeavors. ULAA schedules and manages intercollegiate athletic contests, fostering a competitive and thriving environment for student-athletes.
Throughout the 2021-2022 fiscal year, ULAA demonstrated remarkable success both academically and competitively. Student-athletes excelled in their studies, producing impressive average grade point averages, with 467 students earning Athletic Director's Honor Roll accolades. ULAA's commitment to academic excellence extended beyond the field, with a record-breaking 91 percent graduation rate. In terms of scholarships, nearly $15 million was awarded to over 700 student athletes.
ULAA's athletic teams achieved significant milestones, with Cardinal sports teams accumulating a combined grade point average of 3.256. Several students were recognized for their outstanding performances, including Alli Bitting in field hockey, Amaya Tillman in volleyball, Nick Albiero in swimming & diving, and Gabriela Leon in pole vaulting. The volleyball team reached the Final Four, with Dani Busboom Kelly becoming the first woman head coach to end the regular season with an undefeated record. Women's Track & Field claimed an NCAA National Individual Champion title through Gabriela Leon's pole vault national title. The all-girl cheerleading team and small co-ed team both won national championships, while women's basketball finished with a record 29-5 overall record and advanced to the fourth Final Four in program history. Baseball captured its fifth ACC Atlantic Division crown in seven full seasons and reached a Super Regional for the ninth time. Five Cardinals were selected in the 2022 MLB Draft, and two others signed free agent contracts. Field hockey finished with a perfect 6-0 record in ACC play and reached the NCAA Tournament for the 10th time. Men's soccer captured the program's first ACC Atlantic Division title and returned to the NCAA Tournament for the 13th time. Pedro Fonseca was selected by Real Salt Lake in the second round of the MLS SuperDraft, marking the 26th selection from Louisville all-time. Swimming and diving turned in another strong season, with the women taking sixth and the men 12th at the NCAA Championship. Nick Albiero was named the ACC Swimmer of the Year and ACC Scholar Athletic of the Year. ULAA's student-athletes' dedication and hard work paid off both on and off the field, making their mark in intercollegiate athletics.
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Impact
October, 2024
The University of Louisville Athletic Association (ULAA) significantly impacts both its student-athletes and the wider community through its commitment to academic excellence and athletic achievement. During the 2021-2022 fiscal year, ULAA demonstrated a strong focus on the academic success of its student-athletes, achieving a remarkable combined GPA of 3.256 across its sports teams. This dedication to academics has ensured that ULAA maintains a 91 percent graduation rate, showcasing its efforts to balance athletic competition with educational priorities.
In addition to academic support, ULAA invests heavily in its student-athletes, awarding almost $15 million in scholarships to over 700 individuals. This financial support allows talented athletes to pursue their education while excelling in their sports. Numerous student-athletes have received prestigious accolades, including ACC Scholar Athlete of the Year honors and national recognition such as the Arthur Ashe Female Sports Scholar of the Year.
The competitive success of ULAA's athletic teams further enhances the institution's reputation, with numerous teams achieving significant milestones. The volleyball team reached its first-ever Final Four, while individual athletes like Gabriela Leon claimed national titles in pole vaulting. The association's cheerleading teams also maintained a legacy of excellence, winning multiple national championships.
Overall, ULAA not only fosters a culture of high performance in athletics but also prioritizes the academic achievements of its student-athletes, positively influencing the community and the university at large through sports and education.
This information is meant to be a general summary of University Of Louisville Athletic Association. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $68,492
- Program Service Revenue: $47,440,204
- Gross Receipts: $137,009,046
Assets and Liabilities:
- Total Assets: $329,843,287
- Total Liabilities: $221,785,725
- Net Assets: $108,057,562
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Total Sports Revenue
Revenue
$46,540,204
Student Athletic Fees and Related
Revenue
$900,000
Organization Details
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