Overview
What is Lion Athletic Association?
The Lion Athletic Association is a nonprofit organization, specifically dedicated to supporting Southeastern Louisiana University's Athletics Department. Their primary focus includes providing financial aid for scholarships, operations, and athletic facilities. This assistance extends to student athletes from various sports, helping them complete their academic eligibility. The association also offers financial assistance for all sports programs, covering expenses such as recruitment, travel, and equipment. Furthermore, the Lion Athletic Association grants scholarship aid for all sports programs, contributing to the overall well-being of the department and individual sports programs. Their contributions assist in managing operational costs for the association.
Official website here: www.lionsports.net
What are the reviews and ratings of this charity?
Charity Navigator Rating: 72%, earning a Two-Star out of Four Star rating.
The Lion Athletic Association has received a mixed evaluation, reflected in its Two-Star rating from Charity Navigator. The organization has shown strengths in governance, with 100% of its board members being independent and a well-established audit and oversight committee. Additionally, it has maintained a strong record of financial accountability, having no material diversion of assets and a clear document retention policy.
However, there are notable limitations impacting its overall score. The absence of a conflict of interest policy and a whistleblower policy raises concerns about transparency and accountability. Furthermore, the organization's program expense ratio is relatively low at 60.30%, indicating that a smaller portion of its budget is directed towards its programs compared to administrative costs. The lack of publicly available tax documents may also hinder trust and accessibility for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Lion Athletic Association legitimate?
Lion Athletic Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lion 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:
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Professional Fundraising Fees: $0
Other Salaries and Wages: $557,157
For more financial information, click here
Official website here: www.lionsports.net
What is the mission statement of Lion Athletic Association?
The Lion Athletic Association's mission is to aid the Athletics Department of Southeastern Louisiana University by offering financial support for scholarships, operations, and athletic facilities. This support extends to various aspects of the department, including providing fifth-year scholarship aid for eligible student-athletes from all sports, offering financial assistance for all sports programs such as recruiting, travel, and equipment, and offering scholarship assistance for all sports programs. The association also supports the operational costs of Lions Athletics Association and various individual sports programs or the department as a whole.
Official website here: www.lionsports.net
Who is the CEO of Lion Athletic Association?
Dennis Wallette Jr is the President of Lion Athletic Association.
Official website here: www.lionsports.net
What is the revenue of Lion Athletic Association?
Lion Athletic Association's revenue in 2023 was $2,036,745.
Official website here: www.lionsports.net
Who are the executives of Lion Athletic Association and what are their salaries?
There 50 volunteers at Lion Athletic Association.
Here are 19 key members and their salaries:
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Official website here: www.lionsports.net
Where can I find the form 990 for Lion Athletic Association?
Lion Athletic Association's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.lionsports.net
Learn more at the official website: www.lionsports.net
Mission Statement of Lion Athletic Association
The Lion Athletic Association, in its mission, aims to support the Southeastern Louisiana University's Athletics Department. This nonprofit organization provides financial assistance for various aspects of the department, including scholarships, operations, and athletic facilities. One of their key initiatives is offering fifth-year scholarship aid for eligible student-athletes from all sports. This aid assists these students in graduating upon completion of their athletic eligibility.
Furthermore, the Lion Athletic Association offers financial assistance to all sports programs, encompassing expenses related to recruiting, travel, and equipment. Additionally, the organization provides scholarship assistance for all sports programs, benefiting individual sports programs or the department as a whole. The support extends to covering operation costs of Lion Athletics Association, contributing to the overall success and growth of the department.
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Impact
July, 2024
The Lion Athletic Association plays a crucial role in supporting the Southeastern Louisiana University's athletics department. By providing financial support for scholarships, operations, and athletic facilities, the association directly impacts the student-athletes by offering fifth-year scholarship aid for eligible students from all sports. This aid enables student-athletes to graduate after completing their athletic eligibility. Additionally, the association contributes to the financial assistance of all sports programs, including funding for recruiting, travel, and equipment needs. Through their support, the Lion Athletic Association helps enhance the overall athletic programs at the university and ensures operational costs are covered for the benefit of Lions athletics.
This information is meant to be a general summary of Lion 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: $3,118
- Program Service Revenue: $1,044,626
- Gross Receipts: $2,183,513
Assets and Liabilities:
- Total Assets: $1,822,498
- Total Liabilities: $1,001,141
- Net Assets: $821,357
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SPONSORSHIPS
Revenue
$1,044,626
Organization Details
Founding Year
1982
Phone
(985) 549-5223Principal Officer
Dennis Wallette Jr
Main Address
SLU 10309, HAMMOND, LA, 70402
Website
www.lionsports.netNTEE Category
Code: B40Z - Education
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