Overview
What is Georgia State University Athletic Association Inc?
Georgia State University Athletic Association Inc, based in Atlanta, Georgia, is a nonprofit organization dedicated to advancing athletics at Georgia State University. With a workforce of 223 employees, they provide scholarships to a combined total of 328 students in both men's and women's athletic teams. They also allocate funds for the operation of these teams and related activities. The Association's mission is to offer guidance and leadership in the athletic realm at the university.
Official website here: www.georgiastatesports.com
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 96%, Four-Star out of Four Star rating.
The Georgia State University Athletic Association Inc has received a commendable Four-Star rating from Charity Navigator, reflecting a high level of accountability and financial health. With an impressive score of 96% in Accountability & Finance, the organization demonstrates strong governance practices, including a fully independent board comprised of 90% independent members and a sound financial oversight structure.
The organization excels in transparency, with comprehensive policies in place, such as a conflict of interest policy and a whistleblower policy. It has shown responsible financial management, evidenced by a low liabilities to assets ratio of 34.81% and a program expense ratio of 96.37%, indicating that the majority of its funds are directed towards its programs rather than administrative costs.
While the ratings highlight significant organizational strengths, ongoing monitoring of financial practices and outcomes is vital for maintaining such high standards. Overall, the Georgia State University Athletic Association Inc stands out for its commitment to accountability and effective financial management.
This AI summary has been generated from information found on Charity Navigator.
Is Georgia State University Athletic Association Inc legitimate?
Georgia State University Athletic Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Georgia State University Athletic Association Inc 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: $616,968
Professional Fundraising Fees: $0
Other Salaries and Wages: $8,882,446
For more financial information, click here
Official website here: www.georgiastatesports.com
What is the mission statement of Georgia State University Athletic Association Inc?
The Georgia State University Athletic Association Inc plays a crucial role in advancing athletics at Georgia State University. Their mission is to offer guidance, advice, and leadership in this endeavor. Through their efforts, they have awarded a combined total of 328 scholarships to both men's and women's student athletes. Operating funds have been provided for the athletic teams, as well as other related activities. The Association's commitment extends beyond financial support, as they strive to make a positive impact on the athletic program at Georgia State University.
Official website here: www.georgiastatesports.com
Who is the CEO of Georgia State University Athletic Association Inc?
L Jared Abramson is the Director, Athletic Director of Georgia State University Athletic Association Inc.
Official website here: www.georgiastatesports.com
What is the revenue of Georgia State University Athletic Association Inc?
Georgia State University Athletic Association Inc's revenue in 2022 was $38,968,515.
Official website here: www.georgiastatesports.com
Who are the executives of Georgia State University Athletic Association Inc and what are their salaries?
The average compensation at Georgia State University Athletic Association Inc during 2022 was $42,598. There are 223 employees and 10 volunteers at Georgia State University Athletic Association Inc.
Here are 10 key members and their salaries:
- Compensation: $416,031
- Related: $0
- Other: $23,326
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- Other: $0
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- Other: $0
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- Other: $0
Official website here: www.georgiastatesports.com
Where can I find the form 990 for Georgia State University Athletic Association Inc?
Georgia State University Athletic Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.georgiastatesports.com
Learn more at the official website: www.georgiastatesports.com
Mission Statement of Georgia State University Athletic Association Inc
The Georgia State University Athletic Association Inc, a crucial nonprofit organization, plays a pivotal role in providing guidance and leadership to advance athletics at Georgia State University. With a mission to support and guide, this esteemed association has awarded a combined total of 328 scholarships to both men and women student-athletes, fostering talent and academic excellence.
Beyond the scholarships, the association provides essential operating funds for the university's men's and women's athletic teams. These funds enable the teams to thrive and compete at the highest level, enhancing the overall athletic experience for students. Furthermore, the association supports various other athletic-related activities, ensuring a well-rounded athletic program at Georgia State University.
In essence, the Georgia State University Athletic Association Inc serves as a vital partner, offering advice and resources to propel the university's athletic initiatives forward. Through its commitment to scholarships, operating funds, and related activities, the association is instrumental in nurturing the potential of student-athletes and elevating the reputation of Georgia State University's athletic program.
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Impact
October, 2024
Georgia State University Athletic Association Inc plays a crucial role in enhancing the athletic landscape at Georgia State University. By providing strategic advice, guidance, and leadership, the association directly supports the advancement of athletic programs and opportunities for student-athletes.
The organization has awarded a significant number of athletic scholarships—328 combined for both men's and women's sports—making higher education accessible to talented athletes who might otherwise face financial barriers. This scholarship support not only nurtures individual talent but also strengthens the overall competitiveness of Georgia State's athletic teams.
Moreover, the association provides essential operating funds for various men's and women's athletic teams, facilitating their ability to compete at a high level and engage in related activities. By investing in the infrastructure of athletics, the Georgia State University Athletic Association Inc fosters a vibrant sports culture that promotes teamwork, discipline, and personal growth among student-athletes.
Overall, its impact extends beyond the playing field, nurturing the academic and professional development of athletes and contributing to the university's mission of fostering a well-rounded educational experience.
This information is meant to be a general summary of Georgia State University Athletic Association Inc. 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: $59,596
- Program Service Revenue: $28,085,248
- Gross Receipts: $38,977,421
Assets and Liabilities:
- Total Assets: $19,307,365
- Total Liabilities: $4,373,390
- Net Assets: $14,933,975
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ATHLETIC FEES
Revenue
$20,977,019
GAME AND CONFERENCE REV
Revenue
$5,177,253
ADVERTISING
Revenue
$1,677,099
OTHER REVENUE
Revenue
$253,877
Organization Details
Founding Year
1962
Phone
(404) 651-3174Principal Officer
L Jared Abramson
Main Address
CO ACCT SVCS PO BOX 4030, ATLANTA, GA, 30302
Website
www.georgiastatesports.comNTEE Category
Code: N40 - Recreation
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