Overview
What is Colonial Athletic Association?
The Colonial Athletic Association is a nonprofit organization situated in Richmond, Virginia. Its primary purpose is to offer a platform for member institutions to engage in intercollegiate athletics, upholding the dignity and noble intentions of their membership. The organization serves as a medium for its members to participate in sports competitively, viewing these activities as a form of education. The Colonial Athletic Association currently employs 19 individuals, demonstrating its commitment to this mission.
Official website here: www.caasports.com
What are the reviews and ratings of this charity?
**: Charity Navigator Rating 84%, Three-Star out of Four Stars **tar rating**
The Colonial Athletic Association holds a three-star rating from Charity Navigator, based on its accountability and finance metrics. The organization scores well on aspects like independent board governance and maintains a commendable program expense ratio of 90.15%, indicating that a significant portion of its resources is directed toward its mission. However, there are notable gaps in its compliance with best practices, as it lacks several key policies related to conflicts of interest and whistleblower protections.
The organization's strengths lie in its strong governance structure, as highlighted by its fully independent board and diligent oversight committee, which have contributed to its overall positive score in accountability. Financial precautions seem robust, with no material diversions of assets reported and a healthy liabilities to assets ratio. Stakeholders may feel reassured by these strengths, suggesting responsible financial management.
However, the absence of critical policies such as the conflict of interest policy and the lack of transparency concerning its tax documents may raise concerns about governance practices. Without these policies in place, potential donors and partners may question the organization's commitment to ethical standards and transparency. Overall, while the Colonial Athletic Association demonstrates financial responsibility, addressing these governance shortcomings will be essential for enhanced credibility and trust within the community.
This AI summary has been generated from information found on Charity Navigator.
Is Colonial Athletic Association legitimate?
Colonial Athletic Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Colonial 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: $480,802
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,040,128
For more financial information, click here
Official website here: www.caasports.com
What is the mission statement of Colonial Athletic Association?
The Colonial Athletic Association serves as an organization that enables its member institutions to maintain intercollegiate athletics with dignity. Its mission is to provide a platform where these institutions can engage in competitive sports while adhering to the dignity and high purpose of their membership. The association views athletics as an educational endeavor, implying that it fosters personal growth and development through sports participation.
Official website here: www.caasports.com
What is the revenue of Colonial Athletic Association?
Colonial Athletic Association's revenue in 2024 was $12,036,040.
Official website here: www.caasports.com
Who are the executives of Colonial Athletic Association and what are their salaries?
The average compensation at Colonial Athletic Association during 2024 was $80,049. There are 19 employees and 50 volunteers at Colonial Athletic Association.
Here are 16 key members and their salaries:
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- Compensation: $334,546
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- Other: $43,002
- Compensation: $84,856
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- Other: $27,851
- Compensation: $133,146
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- Other: $20,648
Official website here: www.caasports.com
Where can I find the form 990 for Colonial Athletic Association?
Colonial Athletic Association's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.caasports.com
Learn more at the official website: www.caasports.com
Mission Statement of Colonial Athletic Association
The Colonial Athletic Association serves as an organization that enables its member institutions to uphold intercollegiate athletics with integrity and dignity. Its mission is to provide a platform where these institutions can maintain their athletic competitions in a manner that aligns with the esteem and noble purpose of their membership. The association holds the belief that competitive sports play a significant role in the educational growth of its members, seeing them as more than just athletic events.
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Impact
July, 2024
The Colonial Athletic Association plays a crucial role in the world of intercollegiate athletics, particularly in ensuring that member institutions maintain competitive sports programs with dignity and integrity. By providing a platform for these institutions to engage in athletic competition that aligns with the high standards set by the membership, the Colonial Athletic Association fosters a culture where sports are viewed as an educational tool. Through its activities and initiatives, the association contributes to the development of student-athletes both on and off the field, promoting values such as sportsmanship, teamwork, and excellence. The impact of the Colonial Athletic Association extends beyond physical competition, emphasizing the educational and character-building aspects of sports within the collegiate setting.
This information is meant to be a general summary of Colonial 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 2024.
- Investment Income: $512,901
- Program Service Revenue: $11,460,239
- Gross Receipts: $12,888,661
Assets and Liabilities:
- Total Assets: $16,651,952
- Total Liabilities: $2,043,192
- Net Assets: $14,608,760
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NCAA GRANTS
Revenue
$3,898,474
MULTIMEDIA CONTRACTS
Revenue
$2,470,054
TOURNAMENT INCOME
Revenue
$2,399,026
CONFERENCE EXIT FEES
Revenue
$1,000,000
DUES
Revenue
$790,000
Organization Details
Founding Year
1985
Principal Officer
Joseph D'Antonio
Website
www.caasports.comNTEE Category
Code: N41Z - Recreation
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