GEORGIA STATE UNIVERSITY ATHLETIC ASSOCIATION INC

EIN: 586043293 501(c)(3)

ATLANTA, GA

Total Revenue
$32,878,072
Total Expenses
$32,912,911
Total Assets
$17,513,543
Net Assets
$16,024,517
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1962
Legal Domicile
GA
Principal Officer
M BRIAN BLAKE
Phone
4046513174
Tax Period
2024-07-01 to 2025-06-30

GEORGIA STATE UNIVERSITY ATHLETIC ASSOCIATION INC, founded in 1962, is a mid-sized nonprofit that reported $32.9M in total revenue in fiscal year 2024.

Mission

TO PROVIDE ADVICE, GUIDANCE, AND LEADERSHIP TO ADVANCE ATHLETICS AT GEORGIA STATE UNIVERSITY.

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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 $0
Program Service Revenue $27,082,982
Investment Income $774,907
Other Revenue $5,020,183
TOTAL REVENUE $32,878,072

Expense Breakdown

Grants Paid $21,210,034
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $32,833,027
Other Expenses $11,702,877
TOTAL EXPENSES $32,912,911

Year-over-Year Comparison

2024 2023 Change
Revenue $32,878,072 $31,472,515 +0.0%
Expenses $32,912,911 $32,257,031 +0.0%
Net Income $-34,839 $-784,516 -1.0%
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

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
10
Independent Members
4
Employees
10
Volunteers
9

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
$623,061
Total Directors
10
$623,061
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHARLES COBB DIRECTOR, ATHLETIC DIRECTO 40.00
Officer Director
$0 $162,925 $623,061
DR M BRIAN BLAKE CHAIRMAN, PRESIDENT OF GSU 0.50
Officer Director
$0 $0 $0
L JARED ABRAMSON TREASURER, EVP & COO OF GS 0.50
Officer Director
$0 $0 $0
KRISTEN VARJAS DIRECTOR, ASSOC DEAN OF RE 0.50
Director
$0 $0 $0
ANDREW GEWIRTZ DIRECTOR, PROFESSOR AT GS 0.50
Director
$0 $0 $0
ALLEN POOLE DIRECTOR 0.50
Director
$0 $0 $0
TONY BURGER DIRECTOR 0.50
Director
$0 $0 $0
TELLY MCGAHA DIRECTOR 0.50
Director
$0 $0 $0
AMAR AGHA DIRECTOR, ASSISTANT GENERA 0.50
Director
$0 $0 $0
FRANK BOYKIN DIRECTOR 0.50
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 $32,878,072 $32,912,911 $17,513,543 $-34,839
2024 $31,472,515 $32,257,031 $23,323,012 $-784,516
2023 $32,667,258 $30,757,361 $25,839,517 $1,909,897
2022 $38,968,515 $33,215,591 $19,307,365 $5,752,924
2021 $28,251,593 $29,834,101 $12,025,331 $-1,582,508
2020 $26,351,948 $28,180,666 $12,695,957 $-1,828,718
2019 $29,897,530 $32,705,963 $15,021,161 $-2,808,433
2018 $37,314,420 $26,152,806 $17,230,464 $11,161,614
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