Civic Intelligence

Meac Foundation

990EZ • Fiscal year 2023 • EIN 92-0270478

Jul 01, 2022 to Jun 30, 2023 • Filed on May 15, 2024

2730 Ellsmere AvenueNorfolk, VA 23513

(757) 416-7100

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

58th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

97th percentile

87%

Higher net margin than 97% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2023

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2023

Assets

$147,987

No earlier filing loaded for comparison.

Net Assets

$147,987

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue

$170,003

No earlier filing loaded for comparison.

Expenses

$22,016

No earlier filing loaded for comparison.

Net Income

$147,987

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$150K$100K$50K$0Assets 2023: $147,987Liabilities 2023: $0Net Assets 2023: $147,9872023Assets 2024: $115,909Liabilities 2024: $23,100Net Assets 2024: $92,8092024Assets 2025: $113,379Liabilities 2025: $46,489Net Assets 2025: $66,8902025

Highlighted filing

2023

Assets$147,987
Liabilities$0
Net Assets$147,987

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$200K$100K$0-$100KRevenue 2023: $170,003Expenses 2023: $22,016Net Income 2023: $147,9872023Revenue 2024: $9,106Expenses 2024: $64,284Net Income 2024: -$55,1782024Revenue 2025: $10,537Expenses 2025: $29,998Net Income 2025: -$19,4612025

Highlighted filing

2023

Revenue$170,003
Expenses$22,016
Net Income$147,987
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
May 15, 2024
Return Version
2022v5.0
Gross Receipts
$170,003
Mission and Program Overview

Mission

The purpose of the MEAC Foundation is to support the Mid-Eastern Athletic Conference (MEAC), its member institutions and their local communities, residents and other stakeholders by providing educational programs, leadership training and other resources education and training in furtherance of the MEAC Foundation's goals and objectives which it refers to as its four anchors -- namely: Engagement, Development, Content Creation, and Alumni Relations. The MEAC member institutions are: Coppin State University, Delaware State University, Howard University, University of Maryland Eastern Shore, Morgan State University, Norfolk State University, North Carolina Central University, and South Carolina State University.

The purpose of the meac foundation is to support the mid-eastern athletic conference (meac), its member institutions and their local communities, residents and other stakeholders by providing educational programs, leadership training and other resources education and training in furtherance of the meac foundation's goals and objectives which it refers to as its four anchors -- namely: engagement, development, content creation, and alumni relations.the meac member institutions are: coppin state university, delaware state university, howard university, university of maryland eastern shore, morgan state university, norfolk state university, north carolina central university, and south carolina state university.

Program Services

DescriptionGrantsExpenses
ENGAGEMENTTHE MEAC FOUNDATION WILL CREATE OPPORTUNITIES FOR ENGAGEMENT WITH A VARIETY OF AUDIENCES AND MARKETS INCLUDING FANS, ALUMNI REPRESENTATIVES OF CURRENT AND FORMER INSTITUTIONS, AGENCIES, POTENTIAL DONORS, AND SUPPORTERS AS IT SEEKS TO FURTHER THE EDUCATION, OUTREACH, AND IMPACT OF THE MEAC MEMBER INSTITUTIONS AND THEIR RESPECTIVE COMMUNITIES AND CONSTITUENTS.$0$0
DEVELOPMENT INITIATIVES TO FUND SCHOLARSHIPS AND SPECIAL PROJECTSTHE MEAC FOUNDATION WILL DEVELOP INITIATIVES WHICH WILL BE THE CATALYST FOR THE CREATION OF SPECIAL EVENTS AND CAMPAIGNS TO FUND SPECIAL SCHOLARSHIPS AND GRANTS TO ASSIST IN THE EMPOWERMENT OF THOSE INDIVIDUALS SEEKING TO FURTHER THEIR EDUCATION THROUGH BOTH TRADITIONAL AND NONTRADITIONAL AVENUES, AND IN OTHER CASES TO ASSIST ORGANIZATIONS IN COMMUNITIES ASSOCIATED WITH THE MEAC TO IMPLEMENT THE PROGRAMS NEEDED TO ENHANCE THEIR COMMUNITIES.$0$0
CONTENT CREATIONAS A PARTICIPANT IN THE CONTINUOUS PROCESS OF CONTENT CREATION, THE MEAC FOUNDATION WILL ASSIST THE MEAC IN CRAFTING AND DISSEMINATING EDUCATIONAL MATERIALS WHICH FOCUS ON THE PHENOMENAL STORIES WHICH EMANATE FROM THE CAMPUS LEVEL OF THE MEMBER INSTITUTIONS. BY SHARING THESE STORIES AND MATERIALS, THE MEAC FOUNDATION WILL EMPOWER CONSTITUENTS, TRANSFORM THEIR LIVES AND ENHANCE THEIR COMMUNITIES.$0$0
ALUMNI RELATIONSTHROUGH ITS DIVERSITY OF MEMBERS FROM VARIOUS UNIVERSITIES, THE MEAC FOUNDATION HAS THE UNIQUE OPPORTUNITY TO PROVIDE AN ABUNDANCE OF IDEAS, CREATIVE ENERGY, AND EXAMPLES OF EXCELLENCE BACK TO THE ALUMNI ORGANIZATIONS AND CAMPUSES FOR EACH OF ITS MEMBER INSTITUTIONS IN ORDER TO:A. INCREASE ENGAGEMENT AND MEMBERSHIP IN THE MEAC FOUNDATION AND THE RESPECTIVE ALUMNI ASSOCIATIONSB. SHARE BEST PRACTICES OF OPERATIONS, STRUCTURE AND IMPACT VIA ITS NETWORK ANDC. EFFECTIVELY COMMUNICATE HOW THE MEAC FOUNDATION AND ITS RESOURCES ENHANCE EACH MEMBER INSTITUTION'S OWN ALUMNI ASSOCIATIONS$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
LYNN THOMPSONBoard Member-$0--
DR ANTHONY JENKINSBoard Member-$0--
DR TONY ALLENBoard Member-$0--
DR WAYNE FREDERICKBoard Member-$0--
DR HEIDI ANDERSONBoard Member-$0--
DR DAVID WILSONBoard Member-$0--
DR JAVAUNE ADAMS-GASTONBoard Member-$0--
DR JOHNSON AKINLEYEBoard Member-$0--
LT COL ALEXANDER CONYERSBoard Member-$0--
SONJA STILLSCommissioner-$0--
Filing and Contact Details

Filer

Filer Name
Meac Foundation
EIN
92-0270478
Phone
7574167100
Address
2730 ELLSMERE AVENUE, NORFOLK, VA 23513

Signing Officer

Name
Sonja Stills
Title
Commissioner
Phone
7574167100
Signed
2024-05-15
Discuss with paid preparer
Yes

Preparer

Firm
Forvis Llp
Address
440 MONTICELLO AVE SUITE 2050, NORFOLK, VA 23510
Preparer
Lakrisha J Castleberry
Phone
7576245100
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8 - Other Revenue

Description: interest income. Amount: 3.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: payroll expenses. Amount: 808. Description: business registration fees. Amount: 208. Total to form 990-ez, line 16: 1,016.

Form 990-ez, Part II, Line 24 - Other Assets

Description: pledges receivable. Beg. Of year amount: 0. End of year amount: 100,000.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/PrimaryExemptPurposeTxt0THE PURPOSE OF THE MEAC FOUNDATION IS TO SUPPORT THE MID-EASTERN ATHLETIC CONFERENCE (MEAC), ITS MEMBER INSTITUTIONS AND THEIR LOCAL COMMUNITIES, RESIDENTS AND OTHER STAKEHOLDERS BY PROVIDING EDUCATIONAL PROGRAMS, LEADERSHIP TRAINING AND OTHER RESOURCES EDUCATION AND TRAINING IN FURTHERANCE OF THE MEAC FOUNDATION'S GOALS AND OBJECTIVES WHICH IT REFERS TO AS ITS FOUR ANCHORS -- NAMELY: ENGAGEMENT, DEVELOPMENT, CONTENT CREATION, AND ALUMNI RELATIONS.THE MEAC MEMBER INSTITUTIONS ARE: COPPIN STATE UNIVERSITY, DELAWARE STATE UNIVERSITY, HOWARD UNIVERSITY, UNIVERSITY OF MARYLAND EASTERN SHORE, MORGAN STATE UNIVERSITY, NORFOLK STATE UNIVERSITY, NORTH CAROLINA CENTRAL UNIVERSITY, AND SOUTH CAROLINA STATE UNIVERSITY.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0ENGAGEMENTTHE MEAC FOUNDATION WILL CREATE OPPORTUNITIES FOR ENGAGEMENT WITH A VARIETY OF AUDIENCES AND MARKETS INCLUDING FANS, ALUMNI REPRESENTATIVES OF CURRENT AND FORMER INSTITUTIONS, AGENCIES, POTENTIAL DONORS, AND SUPPORTERS AS IT SEEKS TO FURTHER THE EDUCATION, OUTREACH, AND IMPACT OF THE MEAC MEMBER INSTITUTIONS AND THEIR RESPECTIVE COMMUNITIES AND CONSTITUENTS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1DEVELOPMENT INITIATIVES TO FUND SCHOLARSHIPS AND SPECIAL PROJECTSTHE MEAC FOUNDATION WILL DEVELOP INITIATIVES WHICH WILL BE THE CATALYST FOR THE CREATION OF SPECIAL EVENTS AND CAMPAIGNS TO FUND SPECIAL SCHOLARSHIPS AND GRANTS TO ASSIST IN THE EMPOWERMENT OF THOSE INDIVIDUALS SEEKING TO FURTHER THEIR EDUCATION THROUGH BOTH TRADITIONAL AND NONTRADITIONAL AVENUES, AND IN OTHER CASES TO ASSIST ORGANIZATIONS IN COMMUNITIES ASSOCIATED WITH THE MEAC TO IMPLEMENT THE PROGRAMS NEEDED TO ENHANCE THEIR COMMUNITIES.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2CONTENT CREATIONAS A PARTICIPANT IN THE CONTINUOUS PROCESS OF CONTENT CREATION, THE MEAC FOUNDATION WILL ASSIST THE MEAC IN CRAFTING AND DISSEMINATING EDUCATIONAL MATERIALS WHICH FOCUS ON THE PHENOMENAL STORIES WHICH EMANATE FROM THE CAMPUS LEVEL OF THE MEMBER INSTITUTIONS. BY SHARING THESE STORIES AND MATERIALS, THE MEAC FOUNDATION WILL EMPOWER CONSTITUENTS, TRANSFORM THEIR LIVES AND ENHANCE THEIR COMMUNITIES.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt3ALUMNI RELATIONSTHROUGH ITS DIVERSITY OF MEMBERS FROM VARIOUS UNIVERSITIES, THE MEAC FOUNDATION HAS THE UNIQUE OPPORTUNITY TO PROVIDE AN ABUNDANCE OF IDEAS, CREATIVE ENERGY, AND EXAMPLES OF EXCELLENCE BACK TO THE ALUMNI ORGANIZATIONS AND CAMPUSES FOR EACH OF ITS MEMBER INSTITUTIONS IN ORDER TO:A. INCREASE ENGAGEMENT AND MEMBERSHIP IN THE MEAC FOUNDATION AND THE RESPECTIVE ALUMNI ASSOCIATIONSB. SHARE BEST PRACTICES OF OPERATIONS, STRUCTURE AND IMPACT VIA ITS NETWORK ANDC. EFFECTIVELY COMMUNICATE HOW THE MEAC FOUNDATION AND ITS RESOURCES ENHANCE EACH MEMBER INSTITUTION'S OWN ALUMNI ASSOCIATIONS
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TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
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