Lead 1 Association FY2020 filing

The Plains, VAUnknown exempt organization EIN 31-1239472Revenue $939K in FY2020Latest return filed Feb 24, 2025

On file with the IRSlead1association.comThe Plains, VA

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To sponsor college athletics on a national level serving the group's information and community needs.

Form 990 Part I, line 1, FY2020. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 31-1239472) · Dispute this line
100¢ of each $1 spent went to programs.
$521K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2024
latest Form 990
The latest return is for FY2024, 2 tax years back.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average deficit $5K a year · 0.4% of revenue · last 5 filings
A surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
100%
of spending
100% of spending went to programs.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$521K
to officers and key staff · 53% of spending
Pay to officers and key staff is 53% of spending.
Part VII, Section A
2.9 mo
of spending, in cash
2.9 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$290K
104% of total assets
Liabilities are 104% of assets.
Pt X · Ln 26
Independent board members
18
of 18 voting members
18 of 18 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$939K
Spent
$977K
To programs
100%
Net assets
−$12K
By yearFY2020–FY2024
Revenue
$939K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$939K
FY2021$949K
FY2022$1.7M
FY2023$1.7M
FY2024$1.3M
Expenses
$977K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$977K
FY2021$968K
FY2022$1.9M
FY2023$1.6M
FY2024$1.2M
Net assets
−$12K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020−$12K
FY2021−$31K
FY2022−$203K
FY2023−$71K
FY2024$0

From the FY2020 Form 990 · figures checked against the IRS filing · see the original

You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $977K

Form 990 Part IX, line 25. Every line is in By the numbers.

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Who runs it and what they're paid

22 people listed on the 990; $521K paid to officers and key staff (Part VII, Section A).

Part VII, Section A · reportable compensation
$418,333Pt VII · Sec A
Treasurer
$103,000Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
1st Vice Chairman
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Thomas McMillen$275,072$437,500$475,000$360,000$418,333
Mike Brigante$45,096$75,900$131,100$115,000$103,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Lead 1 Association executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Sponsors national college athletics, supporting athletes' information and community needs.

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1 program · $977K · in their own filed words · FY2020
01

Expenses incurred in executing the organization's exempt purpose of sponsoring college athletics.

Form 990 Part III, line 4, FY2020. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 31-1239472) · Dispute this line
$977Kprogram expense

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$939K
Ln 12
Gifts and grantsLn 1h$718K
Fees for servicesLn 2g$180K
Other incomeLn 4–11$41K
Money outPt IX
$977K
Ln 25
Programscol B$977K
Owns and owesPt X
−$12K
net assets · Ln 32
Cash and savingsLn 1–2$240K
Total assetsLn 16$278K
LiabilitiesLn 26$290K
PeoplePt VI, VII
22
listed · VII A
PaidVII A2
Voting boardVI 1a18
IndependentVI 1b18
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$718K
Government grantsLn 1e$116K
Fees for servicesLn 2g$180K
Investment incomeLn 3$48
Other incomeLn 4–11$41K
Total revenueLn 12$939K
Assets in detailPt X, end of year
CashLn 1$240K
Cash and savings togetherLn 1–2$240K
Accounts receivableLn 4$7K
Prepaid expenses and deferred chargesLn 9$30K
Total assetsLn 16$278K
LiabilitiesLn 26$290K
Net assetsLn 32−$12K
OperationsPt I, VI
EmployeesI 55
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$520K$240K
Land, buildings, equipmentLn 10c$9K$0
Total assetsLn 16$717K$278K
LiabilitiesLn 26$691K$290K
Net assetsLn 32$26K−$12K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of officers and key staff (Part IX, line 5)Ln 5$553K$553K
Other salaries and wagesLn 7$150K$150K
Pension plan contributionsLn 8$2K$2K
Other employee benefitsLn 9$51K$51K
Payroll taxesLn 10$35K$35K
Legal feesLn 11b$905$905
Accounting feesLn 11c$19K$19K
Other fees for servicesLn 11g$5K$5K
Advertising and promotionLn 12$5K$5K
Office expensesLn 13$32K$32K
Information technologyLn 14$21K$21K
OccupancyLn 16$49K$49K
TravelLn 17$24K$24K
Conferences, conventions and meetingsLn 19$2K$2K
InterestLn 20$2K$2K
Depreciation, depletion and amortizationLn 22$9K$9K
InsuranceLn 23$3K$3K
Other expenses (24a–d)Ln 24$15K$15K
Total functional expensesLn 25$977K$977K$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 LatestFiled with the IRS Feb 24, 2025 $1.3M$1.2M$71K$0 990 PDF
FY2023Filed with the IRS Nov 15, 2024 $1.7M$1.6M$132K−$71K 990 PDF
FY2022Filed with the IRS Nov 15, 2023 $1.7M$1.9M−$173K−$203K 990 PDF
FY2021Filed with the IRS Nov 15, 2022 $949K$968K−$19K−$31K 990 PDF
FY2020 ViewingFiled with the IRS Nov 3, 2021 $939K$977K−$38K−$12K 990 PDF

Schedules filed Part IV

I · Grants J · Pay O · Explanations
See the full FY2020 990
Part I · Summary $939,278 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,190,000$718,106
I-9 Program service revenuePrior year $311,606$180,500
I-10 Investment incomePrior year $142$48
I-11 Other revenuePrior year $95,835$40,624
I-12 Total revenuePrior year $1,597,583$939,278
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $963,780$790,158
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $709,130$187,194
I-18 Total expensesPrior year $1,672,910$977,352
I-19 Revenue less expensesPrior year −$75,327−$38,074
Part VI · Governance 18 of 18 board members independent, 2 to look at
VI-1a Voting members of the governing body18
VI-1b Independent voting members18
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $939,278 across 7 lines filed
VIII-1b Membership dues$602,500
VIII-1e Government grants$115,606
VIII-1h Total contributions, gifts and grants$718,106
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $180,500$180,500
VIII-3 Investment incomeExcluded from tax $48$48
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Unrelated business $40,624$40,624
VIII-12 Total revenueRelated to mission $180,500 · Unrelated business $40,624 · Excluded from tax $48$939,278
Part IX · Statement of functional expenses $977,352 across 18 lines filed
IX-5 Pay of officers and key staff (Part IX, line 5)Programs $552,636$552,636
IX-7 Other salaries and wagesPrograms $149,529$149,529
IX-8 Pension plan contributionsPrograms $1,939$1,939
IX-9 Other employee benefitsPrograms $51,416$51,416
IX-10 Payroll taxesPrograms $34,638$34,638
IX-11b Legal feesPrograms $905$905
IX-11c Accounting feesPrograms $18,936$18,936
IX-11g Other fees for servicesPrograms $5,114$5,114
IX-12 Advertising and promotionPrograms $5,034$5,034
IX-13 Office expensesPrograms $31,597$31,597
IX-14 Information technologyPrograms $21,049$21,049
IX-16 OccupancyPrograms $49,356$49,356
IX-17 TravelPrograms $23,961$23,961
IX-19 Conferences, conventions and meetingsPrograms $2,387$2,387
IX-20 InterestPrograms $2,406$2,406
IX-22 Depreciation, depletion and amortizationPrograms $8,808$8,808
IX-23 InsurancePrograms $2,641$2,641
IX-24 Other expenses (24a–d)Programs $15,000$15,000
IX-25 Total functional expensesPrograms $977,352 · Management $0 · Fundraising $0$977,352
Part X · Balance sheet $278,080 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $519,925$240,185
X-4 Accounts receivableStart of year $178,519$7,417
X-9 Prepaid expenses and deferred chargesStart of year $9,592$30,478
X-10c Land, buildings and equipment, netStart of year $8,809$0
X-16 Total assetsStart of year $716,845$278,080
X-17 Accounts payable and accrued expensesStart of year $78,044$92,947
X-19 Deferred revenueStart of year $612,500$44,500
X-23 Secured mortgages and notes payable$152,406
X-26 Total liabilitiesStart of year $690,544$289,853
X-27 Net assets without donor restrictionsStart of year $26,301−$11,773
X-32 Total net assets or fund balancesStart of year $26,301−$11,773
X-33 Total liabilities and net assetsStart of year $716,845$278,080
Part XI · Reconciliation of net assets −$11,773 net assets at year end
XI-1 Total revenue$939,278
XI-2 Total expenses$977,352
XI-3 Revenue less expenses−$38,074
XI-4 Net assets at start of year$26,301
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year−$11,773

Form 990 e-file FY2020 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

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