Civic Intelligence

Big East Conference Inc

EIN 90-0955035 • 501(c)3 • New York, NY

Profile

See schedule o for description of mission.

655 THIRD AVENUE Suite 711New York, NY 10017

www.bigeast.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

56th percentile

0.31x

Higher debt load relative to assets than 56% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Liabilities / Revenue

25th percentile

0.13x

Higher debt load relative to revenue than 25% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Net Margin

43rd percentile

2.5%

Higher net margin than 43% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

86th percentile

24%

Faster asset growth than 86% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Revenue Growth

41st percentile

4.1%

Faster revenue growth than 41% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Assets

Up

$38,410,072

Up $7,385,189 (+24%) from 2023

Liabilities

Up

$11,869,910

Up $2,569,477 (+28%) from 2023

Net Assets

Up

$26,540,162

Up $4,815,712 (+22%) from 2023

Revenue

Up

$90,722,481

Up $3,544,519 (+4.1%) from 2023

Expenses

Up

$88,489,033

Up $6,136,111 (+7.5%) from 2023

Net Income

Down

$2,233,448

Down $2,591,592 (-54%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$40M$30M$20M$10M$0Assets 2014: $16,572,078Liabilities 2014: $700,373Net Assets 2014: $15,871,7052014Assets 2015: $16,935,567Liabilities 2015: $997,218Net Assets 2015: $15,938,3492015Assets 2016: $17,559,218Liabilities 2016: $991,570Net Assets 2016: $16,567,6482016Assets 2017: $17,780,361Liabilities 2017: $990,549Net Assets 2017: $16,789,8122017Assets 2018: $19,393,787Liabilities 2018: $1,200,992Net Assets 2018: $18,192,7952018Assets 2019: $20,400,404Liabilities 2019: $1,025,835Net Assets 2019: $19,374,5692019Assets 2020: $20,673,347Liabilities 2020: $6,782,426Net Assets 2020: $13,890,9212020Assets 2021: $25,429,264Liabilities 2021: $5,448,326Net Assets 2021: $19,980,9382021Assets 2022: $30,032,227Liabilities 2022: $14,793,451Net Assets 2022: $15,238,7762022Assets 2023: $31,024,883Liabilities 2023: $9,300,433Net Assets 2023: $21,724,4502023Assets 2024: $38,410,072Liabilities 2024: $11,869,910Net Assets 2024: $26,540,1622024

Highlighted filing

2024

Assets$38,410,072
Liabilities$11,869,910
Net Assets$26,540,162

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$100M$50M$0-$50MRevenue 2014: $47,865,666Expenses 2014: $45,990,664Net Income 2014: $1,875,0022014Revenue 2015: $42,635,344Expenses 2015: $42,494,582Net Income 2015: $140,7622015Revenue 2016: $45,824,085Expenses 2016: $44,976,521Net Income 2016: $847,5642016Revenue 2017: $53,569,569Expenses 2017: $53,569,874Net Income 2017: -$3052017Revenue 2018: $58,880,761Expenses 2018: $58,018,282Net Income 2018: $862,4792018Revenue 2019: $64,938,707Expenses 2019: $64,421,212Net Income 2019: $517,4952019Revenue 2020: $58,700,234Expenses 2020: $63,559,750Net Income 2020: -$4,859,5162020Revenue 2021: $59,716,596Expenses 2021: $55,548,720Net Income 2021: $4,167,8762021Revenue 2022: $87,597,818Expenses 2022: $77,069,824Net Income 2022: $10,527,9942022Revenue 2023: $87,177,962Expenses 2023: $82,352,922Net Income 2023: $4,825,0402023Revenue 2024: $90,722,481Expenses 2024: $88,489,033Net Income 2024: $2,233,4482024

Highlighted filing

2024

Revenue$90,722,481
Expenses$88,489,033
Net Income$2,233,448

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Apr 26, 2025
Return Version
2023v6.0
Gross Receipts
$92,634,854
Mission and Program Overview

Mission

The conference is organized and shall be operated exclusively for charitable and educational purposes to assist its members in the administration of intercollegiate athletics programs in accordance with the highest standards of education, sportsmanship and healthy athletic competition compatible with resource allocation while allowing a degree of institutional flexibility.

To promote, organize, & improve intercollegiate athletic competition between member institutions of the conference & enhance educational opportunities for its students.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$22,829,554$26,173,965▲ $3,344,411
Savings and Temporary Cash Investments$2,052,344$8,347,727▲ $6,295,383
Accounts Receivable$2,674,309$1,817,550▼ $856,759
Cash and Non-Interest-Bearing Accounts$693,418$429,562▼ $263,856
Prepaid Expenses and Deferred Charges$512,207$344,208▼ $167,999
Pledges and Grants Receivable$163,137$0▼ $163,137
Land, Buildings, and Equipment, Net$243,934$158,618▼ $85,316
Other Notes and Loans Receivable, Net$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$31,024,883$38,410,072▲ $7,385,189
Other Assets Total$1,855,980$1,138,442▼ $717,538
Liabilities
Accounts Payable and Accrued Expenses$1,611,120$7,814,802▲ $6,203,682
Deferred Revenue$5,833,333$2,916,666▼ $2,916,667
Other Liabilities$1,855,980$1,138,442▼ $717,538
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$9,300,433$11,869,910▲ $2,569,477
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$21,417,249$26,231,279▲ $4,814,030
Net Assets With Donor Restrictions$307,201$308,883▲ $1,682
Total Net Assets Fund Balance$21,724,450$26,540,162▲ $4,815,712
Total Liabilities and Net Assets / Fund Balance$31,024,883$38,410,072▲ $7,385,189

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$102,908$468,674$571,582
Leasehold Improvements$33,984$329,879$363,863
Equipment$21,726$106,491$128,217
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Valerie B AckermanCommissioner, PresidentFT$1,246,154$577,800$1,823,954
Vince NicastroCOO, Deputy CommissionerFT$511,923$86,551$598,474
Nicole EarlySr. Assoc Comm. MarketingFT$209,740$57,562$267,302
Scott HechtSr. Assoc Comm. BROADCASTINGFT$202,769$59,019$261,788
Walter PaquetteSr. Assoc Comm. Media RelationFT$193,606$63,998$257,604
Jackie CampbellSR. Assoc Comm. WOMEN'S BBFT$207,838$40,975$248,813
Christopher SchneiderExecutive Associate CommissionFT$198,410$39,728$238,138
Kevin FlanaganBus. Officer, TREASURERFT$156,873$35,292$192,165

Board Members and Trustees

NameTitle
Dr Colleen HanyczBoard Member
Dr John DeGioiaBoard Member
Dr Radenka MaricBoard Member
Dr Robert ManuelBoard Member
James DankoBoard Member
Rev Brian ShanleyBoard Member
Rev Daniel HendricksonBoard Member
Rev Kenneth SicardBoard Member
Rev Peter DonohueBoard Member
Dr Kimo Ah YunBoard Member (eff. 6/10/2024)
Dr Katia PasseriniBoard Member (eff. 7/24/2023)
Dr Michael LovellBoard Member (thru 6/9/2024)
Dr Joseph NyreBoard Member (thru 7/24/2023)

Highest Paid Contractors

ContractorServicesLocationCompensation
Rush Media Company LLCvideo production503 Moravian Valley Rd, Waunakee, WI 53597$1,951,998
Proskauer Rose LLPLegal11 Times Square, New York, NY 10017$564,864
DVSport IncVideo ProductionOne Penn Center West Ste 200, Pittsburgh, PA 15276$553,070
Levy RecognitionTrophies1916 West Beach St, Tampa, FL 33607$260,590
John CahillOfficiating312 Ridgewood Circle, Albany, NY 12203$227,500
Revenue and Support

Revenue Composition

Contributions and Grants
$308,883
Program Service Revenue
$88,351,527
Investment Income
$2,060,035
Other Revenue
$2,036
All Other Contributions
$308,883
Change in Net Assets
$2,233,448

Audited Revenue Reconciliation

Revenue per Audited Statements
$90,722,481
Revenue Not Reported on Form 990
$2,582,264
Total Revenue per Audited Statements
$93,304,745
Total Revenue per Form 990
$90,722,481
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$59,911,114
Other Expenses$22,066,291
Salaries, Compensation, and Employee Benefits$6,511,628
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$59,827,114--$59,827,114
Fees for Services Other$6,288,521$120,125-$6,408,646
Current Officers, Directors, Trustees, and Key Employees$2,208,183$552,046$0$2,760,229
Other Salaries and Wages$2,089,336$522,334-$2,611,670
Fees for Services Legal$1,268,332$100,580-$1,368,912
Occupancy$803,268$120,029-$923,297
Advertising$886,303--$886,303
Information Technology$768,970$114,903-$883,873
Conferences and Meetings$586,535$82,127-$668,662
Other Employee Benefits$468,842$117,211-$586,053
Travel$458,893$68,570-$527,463
Insurance$375,970$56,179-$432,149
Office Expenses$297,246$44,416-$341,662
Payroll Taxes$255,319$63,830-$319,149
Pension Plan Contributions$187,622$46,905-$234,527
Other Expenses$2,407,696$128,423-$128,423
Depreciation Depletion$90,303$13,493-$103,796
Fees for Services Accounting$82,339$6,530-$88,869
Grants to Domestic Individuals$84,000--$84,000
Total Functional Expenses$86,331,332$2,157,701$0$88,489,033

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$88,489,033
Total Expenses per Audited Statements$88,489,033
Total Expenses per Form 990$88,489,033
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
University of ConnecticutStorrs, CT501(c)(3)Funding for Athletic Program$8,327,784
Creighton UniversityOmaha, NE501(c)(3)Funding for Athletic Program$6,214,070
Marquette UniversityMilwaukee, WI501(c)(3)Funding for Athletic Program$6,154,519
Villanova UniversityVillanova, PA501(c)(3)Funding for Athletic Program$5,140,404
Georgetown UniversityWashington, DC501(c)(3)Funding for Athletic Program$5,093,132
Providence CollegeProvidence, RI501(c)(3)Funding for Athletic Program$4,906,465
Xavier UniversityCincinnati, OH501(c)(3)Funding for Athletic Program$4,903,458
Butler UniversityIndianapolis, IN501(c)(3)Funding for Athletic Program$4,816,149
St John's UniversityQueens, NY501(c)(3)Funding for Athletic Program$4,789,076
Seton Hall UniversitySouth Orange, NJ501(c)(3)Funding for Athletic Program$4,742,928
DePaul UniversityChicago, IL501(c)(3)Funding for Athletic Program$4,726,348
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Lease Liability$1,138,442
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
Yes
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

FORM 990, PART VI, SECTION A, LINE 6:

All members of the conference shall be colleges or universities holding division 1 membership in the ncaa and satisfies all conditions or criteria of membership as set forth in the bylaws in section 4. New members may be admitted into the conference if said college or university satisfies the qualifications for membership and by a vote of at least two-thirds of all directors in office.

FORM 990, PART VI, SECTION A, LINE 7A:

The term of a director shall be one (1) year, beginning and ending at the annual meeting, and shall renew automatically for so long as the director is serving as ceo of the member. If a vacancy occurs, the member that appointed the director shall designate an individual to fill such vacanacy on an interim basis until such time as a new ceo of such member is appointed by the member.

FORM 990, PART VI, SECTION B, LINE 11B:

The form 990 is prepared by a certified public accounting firm with expertise in tax-exempt organizations and delivered a draft form 990 to management for their review and comment. Management will then meet and discuss any comments and a final draft is then delivered for management to send to the audit and finance committee to review and approve. Upon review and approval by the audit and finance committee, the draft form 990 is then made available to all board members for any comments and upon any addressed comments, the return is finalized for signing and electronic submission to the internal revenue service.

FORM 990, PART VI, SECTION B, LINE 15:

The compensation for the commissioner was determined by the executive committee of the board, approved by the board and is detailed in the commissioner's contract. The annual increase pool for all employees are subject to approval by the audit & finance committee.

FORM 990, PART VI, SECTION C, LINE 19:

Big east conference, inc. Does not make these documents available to the public unless it is requested. The form 990 is available on the website guidestar.

Form 990, Part VI, Section A, Line 4

The fee for members that withdraw from the conference was revised.

Filing and Contact Details

Filer

Filer Name
Big East Conference Inc
EIN
90-0955035
In Care Of
% KEVIN FLANAGAN
Phone
6466633445
Address
655 THIRD AVENUE Suite 711, NEW YORK, NY 10017

Signing Officer

Name
Valerie B Ackerman
Title
Commissioner
Phone
6466633436
Signed
2025-04-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Valerie B Ackerman
Formed
2013
Legal Domicile
De
Voting Board Members
11
Independent Board Members
11
Employees
31
Volunteers
13

Preparer

Firm
Withumsmithbrown Pc
Address
1411 BROADWAY 9TH FLOOR, NEW YORK, NY 10018
Preparer
Israel Tannenbaum CPA
Phone
2127519100
Supplemental Narrative

Additional Explanations

FORM 990, PART I, LINE 1:

Description of organization mission: in the administration of intercollegiate athletics programs in accordance with the highest standards of education, sportsmanship and healthy athletic competition compatible with resource allocation while allowing a degree of institutional flexibility.

FORM 990, PART III, LINE 1:

Description of organization mission: the conference is organized and shall be operated exclusively for charitable and educational purposes to assist its members in the administration of intercollegiate athletics programs in accordance with the highest standards of education, sportsmanship and healthy athletic competition compatible with resource allocation while allowing a degree of institutional flexibility.

Form 990, Part XII, Line 2C

This process has not changed from prior year.

Financial Statement Notes

PART X, LINE 2:

The Conference is exempt from federal income taxes under section 501{c)(3) of the Internal Revenue Code ("IRC"). The Conference is subject to certain taxes, including unrelated business income and excessive compensation. There was no unrelated business income in either of the years ended June 30, 2024 and 2023. The Conference had excise tax expense (refunds) included in these financial statements which amounted to $128,423 and ($65,037) for the years ended June 30, 2024 and 2023, respectively. The Conference had no unrecognized tax benefits at June 30, 2024 and 2023 and has incurred no interest or penalties related to income taxes for the periods presented in the financial statements.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0COMMISSIONER, PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1COO, Deputy Commissioner
IRS990/Form990PartVIISectionAGrp/TitleTxt2Sr. Assoc Comm. Marketing
IRS990/Form990PartVIISectionAGrp/TitleTxt3Sr. Assoc Comm. BROADCASTING
IRS990/Form990PartVIISectionAGrp/TitleTxt4Sr. Assoc Comm. Media Relation
IRS990/Form990PartVIISectionAGrp/TitleTxt5SR. Assoc Comm. WOMEN'S BB
IRS990/Form990PartVIISectionAGrp/TitleTxt6Executive Associate Commission
IRS990/Form990PartVIISectionAGrp/TitleTxt7Bus. Officer, TREASURER
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IRS990/Form990PartVIISectionAGrp/TitleTxt19BOARD MEMBER
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