Overview
What is Alabama Sports Council Inc?
Alabama Sports Council Inc is a nonprofit organization situated in Birmingham, Alabama, with a mailing address at PO Box 1971. Their primary mission is to promote and attract international and amateur sports competitions within the state of Alabama. They generate revenue through sponsorships, grants, and ticket sales, with a significant portion distributed to Alabama State University and Alabama A&M University. The Council's activities are primarily focused on recruiting various sports competitions, ensuring a vibrant sports scene in Alabama.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Alabama Sports Council Inc received a two-star rating from Charity Navigator, indicating a need for improvement in its accountability and financial practices. The charity scored 64%, reflecting strengths in its governance structure, with 100% of board members being independent. However, it lacks publicly available financial statements and a website listed on its tax form, which significantly impacted its score.
The organization demonstrates a strong emphasis on transparency policies, having effective conflict of interest and whistleblower policies in place. Additionally, it maintains proper documentation of board meeting minutes. However, the absence of critical financial data on its website could hinder potential donors' trust and assessment of its financial health.
Despite achieving an impressive program expense ratio of 99.53%, indicating a high level of resources directed toward its programs, the high liabilities to assets ratio of 95.11% raises concerns about its financial stability. Overall, while the nonprofit has a solid operational framework, addressing its financial reporting and transparency will be essential for improving its rating and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Alabama Sports Council Inc legitimate?
Alabama Sports Council Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Alabama Sports Council 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Alabama Sports Council Inc?
The Alabama Sports Council Inc's mission is centered around promoting and recruiting international and amateur sports competitions within its operational scope. This organization actively works towards facilitating such competitions, serving to enhance the sports landscape and potentially providing a boost to the sporting community. The primary event under their purview is the Magic City Classic, a yearly football match between Alabama State University and Alabama A&M University, held at Legion Field. The council's income primarily comprises sponsorships, grants, and ticket sales, while the majority of its expenses are directed towards the schools and operational costs.
Who is the CEO of Alabama Sports Council Inc?
Nichelle Williams is the Chairman of Alabama Sports Council Inc.
What is the revenue of Alabama Sports Council Inc?
Alabama Sports Council Inc's revenue in 2022 was $5,127,006.
Who are the executives of Alabama Sports Council Inc and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Alabama Sports Council Inc?
Alabama Sports Council Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Alabama Sports Council Inc
Alabama Sports Council Inc, as a nonprofit organization, is dedicated to promoting and recruiting international and amateur sports competitions within the state. This mission is aimed at attracting various sports events, both at the professional and recreational levels, to Alabama. By doing so, the council serves to enhance the state's sports culture and stimulate tourism, thereby benefiting the local economy and community. The council's activities include securing sponsorships, grants, and generating ticket sales for significant events, such as the Magic City Classic football game between Alabama State University and Alabama A&M University, which is a significant annual event held at Legion Field in Birmingham. The council's primary objective is to contribute to the growth and development of sports in Alabama by hosting various competitions, thereby fostering a sense of camaraderie and sportsmanship among participants and spectators alike.
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Impact
July, 2024
Alabama Sports Council Inc's impact is significant in promoting and recruiting international and amateur sports competitions in the state of Alabama. One of their notable events, the Magic City Classic, is an annual football game between Alabama State University and Alabama A&M University, held at Legion Field in Birmingham, AL. The organization generates revenue through sponsorships, grants, and ticket sales, supporting the event and its mission. Additionally, they distribute substantial funds to the participating schools, totaling $1,648,398, as well as cover various operational expenses such as staff, marketing, and entertainment fees. Alabama Sports Council Inc plays a vital role in fostering recreational opportunities and enhancing the sports landscape in Alabama.
This information is meant to be a general summary of Alabama Sports Council 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.
- Program Service Revenue: $4,554,746
- Gross Receipts: $5,127,006
Assets and Liabilities:
- Total Assets: $1,056,886
- Total Liabilities: $1,005,263
- Net Assets: $51,623
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MAGIC CITY CLASSIC
Revenue
$3,017,560
SEC BASEBALL TOURNAMENT
Revenue
$1,419,422
BIRMINGHAM HAMMERFEST
Revenue
$87,738
SEC WOMENS GOLF CHAMPIONSHIP
Revenue
$30,026
Organization Details
Founding Year
2016
Phone
(205) 257-3111Principal Officer
Nichelle Williams
Main Address
PO BOX 1971, BIRMINGHAM, AL, 35201
NTEE Category
Code: N70 - Recreation
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