UNCW STUDENT AID ASSOCIATION INC Charity Report

Public IRS 990 nonprofit record

UNCW STUDENT AID ASSOCIATION INC

EIN 56-6075544 · Education (B)

What they do

to AID, FOSTER, and PROMOTE THE EDUCATION of STUDENT ATHLETES BY OBTAINING DONATIONS for THE SCHOLARSHIP PROGRAM AT THE UNIVERSITY of NORTH CAROLINA AT WILMINGTON (THE "UNIVERSITY"). THE ASSOCIATION ALSO RAISES FUNDS for THE IMPROVEMENT and CONSTRUCTION of FACILITIES USED BY THE UNIVERSITY for ATHLETIC PURPOSES, for THE UNIVERSITYS ATHLETIC SCHOLARSHIP ENDOWMENT FUND, and to PROVIDE OPERATIONAL and SUPPLEMENTARY SUPPORT for THE ENTIRE SPORT PROGRAM. IN ADDITION, THE ASSOCIATION EXISTS to ENCOURAGE A FRATERNAL SPIRIT of LOYALTY and INTEREST IN THE UNIVERSITY BY ALUMNI, FRIENDS, and BENEFACTORS. THE UNIVERSITY is THE ASSOCIATIONS SOLE BENEFICIARY.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $65.80 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders29 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

30.91%of revenue went to mission work65.8% of expenses · Program services

11.22%of revenue went to fundraising23.9% of expenses

$46.99spent for every $100 of revenueRevenue covered expenses this year.

4.87%of revenue went to management and office costs10.4% of expenses

$2.56in assets for every $1 spent this yearSome assets cannot be spent right away.

94.7%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $23,865 for ADAM FEARING (EXECUTIVE DIRECTOR). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$6,008,985

Mission workProgram services$1,857,29530.91% of revenue65.8% of expenses

ManagementOffice and general costs$292,3914.87% of revenue10.4% of expenses

FundraisingAsking for donations$673,96111.22% of revenue23.9% of expenses

Revenue left after expensesReported annual surplus$3,185,33853.01% of revenueShown in gray on the chart

Total expenses$2,823,64746.99% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 65.8% mission · 10.4% management · 23.9% fundraisingTotal expenses: 46.99% of revenue

2023Expense mix: 70.9% mission · 7.1% management · 22.0% fundraisingTotal expenses: 64.89% of revenue

2022Expense mix: 74.1% mission · 8.7% management · 17.2% fundraisingTotal expenses: 110.37% of revenue

2021Expense mix: 74.6% mission · 10.6% management · 14.8% fundraisingTotal expenses: 99.55% of revenue

2020Expense mix: 92.0% mission · 5.6% management · 2.4% fundraisingTotal expenses: 82.43% of revenue

2019Expense mix: 86.7% mission · 5.7% management · 7.5% fundraisingTotal expenses: 77.01% of revenue

2018Expense mix: 88.5% mission · 4.1% management · 7.4% fundraisingTotal expenses: 91.20% of revenue

2017Expense mix: 90.9% mission · 3.7% management · 5.4% fundraisingTotal expenses: 133.22% of revenue

Money in and money out

Revenue$6,008,985

Expenses$2,823,647

Annual surplus $3,185,338 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$1,857,295 · 65.8% of expenses

Management and office costs$292,391 · 10.4% of expenses

Fundraising$673,961 · 23.9% of expenses

See all reported dollar amounts

Revenue$6,008,985

Expenses$2,823,647

Assets$7,231,779

Income$6,008,985

Contributions$5,689,104

Mission work (program services)$1,857,295

Fundraising$673,961

Grants given$11,817,584

Average grant$1,477,198

Management and general$292,391

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

ADAM FEARINGEXECUTIVE DIRECTOR · 40 hrs/week $23,865Base · Other $23,865

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (29)

ADAM FEARINGEXECUTIVE DIRECTOR

KELLY GEORGEDIRECTOR

TREY THORNEDIRECTOR

TJ LEWISDIRECTOR

THOMAS WOODMANDIRECTOR

TERRY SMITHDIRECTOR

STEVE EZZELLDIRECTOR

ROBERT ABBOTTSDIRECTOR

PAUL BADROCKSECRETARY

PATRICK BOYKINDIRECTOR

MICHELLE URBANDIRECTOR

MICHAEL TAYLORDIRECTOR

MATTHEW COXDIRECTOR

MARSHALL COOPERADVISORY PRESIDENT

LINDSEY HESSTREASURER

KRISTIN DONOVANDIRECTOR

GREG BENDERPRESIDENT

GLEN HEDRICKDIRECTOR

FREDERICK W LEWIS IIIDIRECTOR

EVANS TRAWICKDIRECTOR

DIANE BECTONDIRECTOR

DARION JERALDSDIRECTOR

DANIEL FOUNTAINDIRECTOR

CURTIS SILLDIRECTOR

CHRISTI FERRETTIVICE PRESIDENT

CHRIS SPIVEYDIRECTOR

BRETT KEELERDIRECTOR

BOB WARWICKEX OFFICIO

BOB CHERRYDIRECTOR

About this charity

Recognized since: January 1966
Location: 601 SOUTH COLLEGE ROAD, WILMINGTON, NC 28403
County: New Hanover
In care of: ADAM FEARING
Primary officer: ADAM FEARING, EXECUTIVE DIRECTOR

How to reach them

WebsiteVisit the charity’s website Emaillasurer@uncw.edu Phone(910) 962-2515

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: BERNARD ROBINSON & COMPANY LLP
NTEE classification: Education (B)
IRS tax category: Education
Grant-giving organization: Yes