Overview
What is Southern Intercollegiate Athletic Conference?
The Southern Intercollegiate Athletic Conference (SIAC) is a distinguished nonprofit organization established in 1913, situated in Atlanta, Georgia. With a focus on leveraging intercollegiate athletics, SIAC aims to enhance the academic experiences of its student-athletes, boost enrollment and retention, discover new revenue sources, and strengthen alumni and community engagement. The conference also strives to increase the visibility and brands of its fourteen Historically Black Colleges & Universities (HBCUs) located within a six-state footprint. By identifying and engaging in strategic partnerships, SIAC seeks to advance the overall strategic interests of its member institutions. With a dedicated team of three employees, the SIAC works tirelessly towards its mission.
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 77%, Three-Star out of Four Star rating.
The Southern Intercollegiate Athletic Conference (SIAC) has received a Three-Star rating from Charity Navigator, indicating a satisfactory level of accountability and financial management. The overall score is based entirely on the Accountability & Finance metrics, where SIAC scored 77%. This reflects a strong governance structure, with a fully independent board and no noted issues of asset diversion.
Strengths include the board's composition and management practices, achieving full scores in several areas such as loans to/from officers and the distribution of tax forms. Additionally, the organization's liabilities to assets and working capital ratios are exemplary, suggesting solid financial health. However, the Program Expense Ratio is comparatively lower, indicating potential areas for improvement in how funds are allocated towards programs versus administrative costs.
Overall, SIAC demonstrates responsible financial practices and governance. While the organization excels in several metrics of accountability, stakeholders may want to explore how the organization can enhance its programmatic expenditures.
This AI summary has been generated from information found on Charity Navigator.
Is Southern Intercollegiate Athletic Conference legitimate?
Southern Intercollegiate Athletic Conference is a legitimate nonprofit organization registered as a 501(c)(3) entity. Southern Intercollegiate Athletic Conference 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: $250,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Southern Intercollegiate Athletic Conference?
The Southern Intercollegiate Athletic Conference, established in 1913, serves as a NCAA Division II athletic conference for Historically Black Colleges & Universities (HBCUs). Its mission is multifaceted, aiming to utilize intercollegiate athletics to enhance various aspects of its member institutions. These include boosting enrollment and retention rates, identifying new revenue sources, increasing alumni and community engagement, improving the experiences of student-athletes, enhancing the visibility and brands of the institutions, and identifying and consuming strategic partnerships.
Who is the CEO of Southern Intercollegiate Athletic Conference?
Unavailable
What is the revenue of Southern Intercollegiate Athletic Conference?
Southern Intercollegiate Athletic Conference's revenue in 2022 was $2,755,569.
Who are the executives of Southern Intercollegiate Athletic Conference and what are their salaries?
The average compensation at Southern Intercollegiate Athletic Conference during 2022 was $83,333. There are 3 employees and 15 volunteers at Southern Intercollegiate Athletic Conference.
Here are 16 key members and their salaries:
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Where can I find the form 990 for Southern Intercollegiate Athletic Conference?
Southern Intercollegiate Athletic Conference's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Southern Intercollegiate Athletic Conference
The Southern Intercollegiate Athletic Conference (SIAC), established in 1913, serves as a NCAA Division II athletic conference for Historically Black Colleges & Universities (HBCUs). Its mission is multifaceted, aiming to enhance the overall strategic interests of its fourteen member institutions. This mission encompasses several key objectives. Firstly, the SIAC seeks to bolster enrollment and retention rates within its institutions. Secondly, it strives to identify new revenue sources, which can contribute to the financial stability and growth of its member universities.
Thirdly, the conference aims to increase alumni and community engagement, fostering a sense of pride and ownership among its alumni and local communities. Furthermore, the SIAC focuses on improving the experiences of its student-athletes, ensuring they derive maximum benefit from their participation in intercollegiate sports. The conference also works towards increasing the visibility and brand recognition of its member institutions, which can attract more students, partners, and sponsors. Lastly, the SIAC actively seeks out strategic partnerships that can further its goals and contribute to the success of its member universities.
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Impact
July, 2024
The Southern Intercollegiate Athletic Conference (SIAC) has a significant impact on the landscape of collegiate sports, particularly within the realm of Historically Black Colleges and Universities (HBCUs). Founded in 1913, SIAC plays a crucial role in leveraging intercollegiate athletics to benefit student-athletes and advance the strategic interests of its member institutions.
SIAC's activities aim to enhance enrollment and retention, identify new revenue sources, increase alumni and community engagement, enhance the experiences of student-athletes, and boost the visibility and brands of its member institutions. By fostering strategic partnerships and promoting athletic excellence among its member schools, SIAC contributes to the overall development and success of HBCUs in the realm of sports and beyond. Furthermore, the conference serves as a platform for showcasing the talents and achievements of student-athletes, thereby enhancing the reputation and standing of the schools involved.
This information is meant to be a general summary of Southern Intercollegiate Athletic Conference. 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 2022.
- Investment Income: $1,021
- Program Service Revenue: $1,927,393
- Gross Receipts: $2,755,569
Assets and Liabilities:
- Total Assets: $2,325,766
- Total Liabilities: $38,072
- Net Assets: $2,287,694
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Licensicing & Streaming
Sponsorship
Revenue
$1,908,833
Tournament Revenue
Revenue
$18,560
Organization Details
Founding Year
1913
Phone
(404) 880-4669Main Address
235 Peachtree Street NE 434, Atlanta, GA, 30303
NTEE Category
Code: N64 - Recreation
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