Overview
What is Iptay?
Iptay is a nonprofit organization based in Clemson, South Carolina, dedicated to supporting Clemson University's athletic programs. Their primary focus is on sponsoring annual costs for athletic scholarships and other approved expenses, as decided by the Iptay board of directors. By doing so, Iptay plays a crucial role in the success and development of the university's athletic teams.
Official website here: www.iptaycuad.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Iptay has achieved an impressive Four-Star rating from Charity Navigator, reflecting a strong performance in accountability and finance. The overall score is derived entirely from its Accountability & Finance score of 96%, indicating the organization’s commitment to transparency and effective financial management. The high percentage of independent board members and a well-structured audit and oversight process further contribute to its robust governance.
The organization excels in maintaining a low liabilities-to-assets ratio and a high program expense ratio, which suggests that a substantial portion of its funds is directed toward its programs rather than administrative costs. This indicates that Iptay is likely using its resources efficiently to fulfill its mission.
While the financial indicators are strong, some users may seek more information on program outcomes and impact to fully assess Iptay's effectiveness in achieving its goals. Overall, the organization demonstrates a high level of accountability, making it a trustworthy choice for donors.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Iptay?
Iptay currently has a handful of reviews on Facebook, yet they haven't accumulated a rating yet. One review appreciates the cleanliness and organization associated with the nonprofit, highlighting a positive atmosphere created by the staff or volunteers. The reviewer expresses a sense of satisfaction with the overall environment.
Though there is limited feedback available, the sentiment appears to be favorable. The mention of neatness suggests that Iptay may place a strong emphasis on maintaining a well-kept space, which can reflect positively on their operations and the experiences of those involved.
Overall, while the volume of reviews is low, the existing input indicates that Iptay fosters a positive and tidy environment, which may contribute to a user-friendly experience for participants and visitors alike.
This AI summary has been generated from reviews found on Facebook.
Is Iptay legitimate?
Iptay is a legitimate nonprofit organization registered as a 501(c)(3) entity. Iptay 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: $135,394
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,069,427
For more financial information, click here
Official website here: www.iptaycuad.com
What is the mission statement of Iptay?
Iptay is a non-profit organization dedicated to advancing Clemson University's athletic programs. Its primary purpose is to sponsor annual costs for athletic scholarships and various other approved expenses. The organization's mission is to contribute significantly to the university's athletic community by providing essential financial support. Iptay's commitment extends beyond scholarships, as it also covers costs for initiatives that align with the athletic department's goals. By doing so, the organization plays a crucial role in ensuring the continued success and development of Clemson University's athletic programs.
Official website here: www.iptaycuad.com
Who is the CEO of Iptay?
Davis Babb is the CEO of Iptay The CEO's salary of Iptay is $0 and their total compensation is $553,471.
Official website here: www.iptaycuad.com
What is the revenue of Iptay?
Iptay's revenue in 2024 was $78,478,196.
Official website here: www.iptaycuad.com
Who are the executives of Iptay and what are their salaries?
The average compensation at Iptay during 2024 was $41,087. There are 78 employees and 28 volunteers at Iptay.
Here are 31 key members and their salaries (Iptay's CEO's salary is $0 and their total compensation is $553,471):
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- Related: $219,055
- Other: $61,014
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- Related: $357,162
- Other: $96,213
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- Related: $456,909
- Other: $96,562
- Compensation: $216,776
- Related: $0
- Other: $37,178
- Compensation: $0
- Related: $915,420
- Other: $34,996
- Compensation: $160,339
- Related: $0
- Other: $15,712
- Compensation: $260,858
- Related: $0
- Other: $38,912
- Compensation: $273,135
- Related: $0
- Other: $39,430
- Compensation: $136,202
- Related: $0
- Other: $14,483
- Compensation: $134,574
- Related: $23,079
- Other: $34,751
Official website here: www.iptaycuad.com
Where can I find the form 990 for Iptay?
Iptay's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.iptaycuad.com
Learn more at the official website: www.iptaycuad.com
Mission Statement of Iptay
Iptay, a mission-driven organization, is dedicated to sponsoring the annual costs of Clemson University's athletic programs. With a focus on athletic scholarships and other approved expenses, Iptay's board of directors guides its charitable efforts. In essence, Iptay serves as a vital supporter, contributing to the financial wellbeing of Clemson University's athletic initiatives.
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Impact
October, 2024
Iptay significantly impacts Clemson University's athletic programs by providing essential funding that supports athletic scholarships and various program expenses. This financial backing enables student-athletes to pursue their academic and athletic ambitions, fostering a culture of excellence and opportunity.
By sponsoring annual costs for scholarships, Iptay empowers talented individuals to compete at a high level while obtaining a quality education. The organization's commitment helps to attract and retain top-tier athletes, enhancing the overall competitiveness of Clemson's athletic programs.
Moreover, Iptay's contributions extend beyond scholarships; they support various operational and developmental needs of the athletic department. This holistic approach ensures that student-athletes have access to necessary resources, training facilities, and coaching staff, ultimately benefiting their growth and success both on and off the field.
The impact of Iptay can be seen in the development of well-rounded individuals who excel not only in sports but also in their academic pursuits and future careers. By investing in youth development through athletics, Iptay plays a crucial role in shaping future leaders and ambassadors for Clemson University and the broader community.
This information is meant to be a general summary of Iptay. 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 2024.
- Investment Income: $1,135,809
- Program Service Revenue: $76,416,660
- Gross Receipts: $106,104,045
Assets and Liabilities:
- Total Assets: $124,989,602
- Total Liabilities: $9,989,781
- Net Assets: $114,999,821
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAMMATIC SUPPORT
Revenue
$76,416,660
Organization Details
Founding Year
2014
Principal Officer
Davis Babb
Website
www.iptaycuad.comNTEE Category
Code: O50 - Youth development
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