COASTAL ATHLETIC ASSOCIATION

EIN: 541670009 501(c)(3) Recreation & Sports

RICHMOND, VA

Total Revenue
$10,079,332
Total Expenses
$10,810,551
Total Assets
$16,415,402
Net Assets
$16,260,025
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1985
Legal Domicile
VA
Principal Officer
JOSEPH D'ANTONIO
Tax Period
2024-07-01 to 2025-06-30

COASTAL ATHLETIC ASSOCIATION, founded in 1985, is a mid-sized nonprofit in the Recreation & Sports sector that reported $10.1M in total revenue in fiscal year 2024. Revenue decreased 16% compared to the prior year.

Mission

TO PROVIDE AN ORGZANIZATION THROUGH WHICH MEMBER INSTITUTIONS MAY MAINTAIN INTERCOLLEGIATE ATHLETICS WITH DIGNITY.

Program Service Accomplishments

Program 1
Expenses: $4,731,234 Revenue: $3,957,531

PROVIDES AN ORGANIZATION THROUGH WHICH THE MEMBER INSTITUTIONS MAINTAIN INTERCOLLEGIATE ATHLETICS IN CONFORMITY WITH THE DIGNITY AND HIGH PURPOSE OF THE MEMBERSHIP. THE MEMBERS REGARD COMPETITIVE...

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PROVIDES AN ORGANIZATION THROUGH WHICH THE MEMBER INSTITUTIONS MAINTAIN INTERCOLLEGIATE ATHLETICS IN CONFORMITY WITH THE DIGNITY AND HIGH PURPOSE OF THE MEMBERSHIP. THE MEMBERS REGARD COMPETITIVE SPORTS AS EDUCATION.

Program 2
Expenses: $1,693,179 Revenue: $2,359,649

CONDUCTS CONFERENCE CHAMPIONSHIPS FOR BOTH MEN'S AND WOMEN'S INTERCOLLEGIATE SPORTS.

Program 3
Expenses: $3,352,468 Revenue: $3,252,149

ON AN ANNUAL BASIS, AN AVERAGE OF 1,600 STUDENT ATHLETES BENEFIT THROUGH NCAA DISTRIBUTIONS AND SPECIAL ASSISTANCE FUNDS, WHICH PROVIDE RESOURCES TO STUDENT ATHLETES WHO WOULD NOT BE ABLE TO ATTEND...

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ON AN ANNUAL BASIS, AN AVERAGE OF 1,600 STUDENT ATHLETES BENEFIT THROUGH NCAA DISTRIBUTIONS AND SPECIAL ASSISTANCE FUNDS, WHICH PROVIDE RESOURCES TO STUDENT ATHLETES WHO WOULD NOT BE ABLE TO ATTEND COLLEGE AND PLAY SPORTS WITHOUT ASSISTANCE.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $9,569,329
Investment Income $465,065
Other Revenue $44,938
TOTAL REVENUE $10,079,332

Expense Breakdown

Grants Paid $68,102
Salaries & Benefits $1,932,061
Fundraising Expenses $119,130
Program Expenses $9,776,881
Other Expenses $8,810,388
TOTAL EXPENSES $10,810,551

Year-over-Year Comparison

2024 2023 Change
Revenue $10,079,332 $12,036,040 -0.2%
Expenses $10,810,551 $9,953,839 +0.1%
Net Income $-731,219 $2,082,201 -1.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
13
Independent Members
13
Employees
21
Volunteers
50

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$496,998
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANDREW HSU MEMBER 1.00
Director
$0 $0 $0
KATHERINE ROWE MEMBER 1.00
Director
$0 $0 $0
CONNIE LEDOUX BOOK MEMBER 1.00
Director
$0 $0 $0
SUSAN POSER PRESIDENT 1.00
Officer Director
$0 $0 $0
JOSEPH AOUN MEMBER 1.00
Director
$0 $0 $0
MARK GINSBERG MEMBER 1.00
Director
$0 $0 $0
ASWANI VOLETY MEMBER 1.00
Director
$0 $0 $0
PATRICK LEAHY MEMBER 1.00
Director
$0 $0 $0
DARRELL WILLIAMS MEMBER 1.00
Director
$0 $0 $0
J BRADLEY CREED MEMBER 1.00
Director
$0 $0 $0
JOSEPH D'ANTONIO COMMISSIONER 40.00
Officer
$337,255 $45,283 $382,538
LYNN NEWTON CFO 40.00
Officer
$85,147 $29,313 $114,460
JENNIFER CONDARAS DEPUTY COMMI 40.00
Highest
$137,839 $21,705 $159,544
DENIS O'BRIEN MEMBER 1.00
Director
$0 $0 $0
JAMES R MARTIN II MEMBER 1.00
Director
$0 $0 $0
RICHARD MCCORMICK MEMBER 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $10,079,332 $10,810,551 $16,415,402 $-731,219
2024 $12,036,040 $9,953,839 $19,092,832 $2,082,201
2023 $10,921,839 $8,715,549 $16,651,952 $2,206,290
2022 $9,082,808 $7,295,157 $14,210,154 $1,787,651
2021 $6,295,119 $5,700,400 $12,819,772 $594,719
2020 $7,077,800 $8,552,127 $10,840,840 $-1,474,327
2019 $5,822,864 $5,530,391 $13,529,235 $292,473
2018 $6,057,421 $5,254,392 $13,084,476 $803,029
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