THE CITADEL FOOTBALL ASSOCIATION

EIN: 570804900 501(c)(3)

CHARLESTON, SC

Total Revenue
$177,597
Total Expenses
$208,266
Total Assets
$140,599
Net Assets
$135,671
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1984
Legal Domicile
SC
Principal Officer
DEON JACKSON
Phone
8432095806
Tax Period
2024-01-01 to 2024-12-31

THE CITADEL FOOTBALL ASSOCIATION, founded in 1984, is a small nonprofit that reported $178K in total revenue in fiscal year 2024. Revenue grew 16% year-over-year, indicating healthy expansion. Expenses of $208K exceeded revenue, resulting in a 17% operating deficit.

Mission

THE MAJOR GOAL OF THE CITADEL FOOTBALL ASSOCIATION (CFA) IS TO PROVIDE AN AVENUE THROUGH WHICH THOSE FORMERLY ASSOCIATED WITH CITADEL FOOTBALL, ALUMNI AND FRIENDS CAN COLLECTIVELY PROMOTE AND SUPPORT THE FOOTBALL PROGRAM. THE CFA, CHARTERED IN 1984, IS A NON-PROFIT ORGANIZATION REGISTERED WITH THE STATE OF SOUTH CAROLINA.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $143,379
Program Service Revenue $0
Investment Income $1,988
Other Revenue $32,230
TOTAL REVENUE $177,597

Expense Breakdown

Grants Paid $116,660
Salaries & Benefits $53,825
Fundraising Expenses $0
Program Expenses $132,745
Other Expenses $37,781
TOTAL EXPENSES $208,266

Year-over-Year Comparison

2024 2023 Change
Revenue $177,597 $153,539 +0.2%
Expenses $208,266 $177,989 +0.2%
Net Income $-30,669 $-24,450 +0.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Governance

Voting Members
16
Independent Members
16
Employees
1
Volunteers
16

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
4
$0
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ALVIN JOHNSON PRESIDENT 5.00
Officer Director
$0 $0 $0
NELSON BURCH VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
J DENNIS JARVIS TREASURER 1.00
Officer Director
$0 $0 $0
DEON JACKSON SECRETARY 1.00
Officer Director
$0 $0 $0
CHARLIE BAKER PRESIDENT EMERITUS 1.00
Director
$0 $0 $0
DYLAN GIDADO BOARD MEMBER 1.00
Director
$0 $0 $0
JAMIE HILL BOARD MEMBER 1.00
Director
$0 $0 $0
CHRIS HOUSTON BOARD MEMBER 1.00
Director
$0 $0 $0
DAVE SOLLAZZO BOARD MEMBER 1.00
Director
$0 $0 $0
JEREMY WEST BOARD MEMBER 1.00
Director
$0 $0 $0
JIMMY BROACH BOARD MEMBER 1.00
Director
$0 $0 $0
JOE CALL BOARD MEMBER 1.00
Director
$0 $0 $0
RODNEY HANCOCK BOARD MEMBER 1.00
Director
$0 $0 $0
JAY INGRAM BOARD MEMBER 1.00
Director
$0 $0 $0
BRICE PEPER BOARD 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
2024 $177,597 $208,266 $140,599 $-30,669
2023 $153,539 $177,989 $167,870 $-24,450
2022 $184,951 $155,207 $195,715 $29,744
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