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.
Form 990 Part IX, line 25. Every line is in By the numbers.
Something off? Claim to add context
Who runs it and what they're paid
20 people listed on the 990; $606K paid to officers and key staff (Part VII, Section A).
Compensation history total reportable pay by year · 2 named individuals · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| 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.
Questions for Lead 1 Association
Your first name shows with your question. Lead 1 Association answers here, for everyone.
Expenses incurred in executing the organization's exempt purpose of sponsoring college athletics.
Form 990 Part III, line 4, FY2022. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 31-1239472) · Dispute this lineBy the numbers
The FY2022 990, line by line.
Download 990
| Line | Start FY22 | End FY22 |
|---|---|---|
| Cash and savingsLn 1–2 | $750K | $410K |
| Land, buildings, equipmentLn 10c | $0 | $0 |
| Total assetsLn 16 | $881K | $606K |
| LiabilitiesLn 26 | $912K | $809K |
| Net assetsLn 32 | −$31K | −$203K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Pay of officers and key staff (Part IX, line 5)Ln 5 | $637K | $637K | ||
| Other salaries and wagesLn 7 | $263K | $263K | ||
| Pension plan contributionsLn 8 | $8K | $8K | ||
| Other employee benefitsLn 9 | $31K | $31K | ||
| Payroll taxesLn 10 | $47K | $47K | ||
| Legal feesLn 11b | $18K | $18K | ||
| Accounting feesLn 11c | $21K | $21K | ||
| Other fees for servicesLn 11g | $82K | $82K | ||
| Advertising and promotionLn 12 | $95K | $95K | ||
| Office expensesLn 13 | $48K | $48K | ||
| OccupancyLn 16 | $44K | $44K | ||
| TravelLn 17 | $53K | $53K | ||
| Conferences, conventions and meetingsLn 19 | $414K | $414K | ||
| InterestLn 20 | $4K | $4K | ||
| InsuranceLn 23 | $3K | $3K | ||
| Other expenses (24a–d)Ln 24 | $108K | $108K | ||
| Total functional expensesLn 25 | $1.9M | $1.9M | $0 | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| 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 |
| FY2022 ViewingFiled 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 |
| FY2020Filed with the IRS Nov 3, 2021 | $939K | $977K | −$38K | −$12K | 990 PDF |
Schedules filed Part IV
See the full FY2022 990
Part I · Summary $1,704,481 revenue, 12 lines filed
Part VI · Governance 16 of 16 board members independent, 2 to look at
Part VIII · Statement of revenue $1,704,481 across 5 lines filed
Part IX · Statement of functional expenses $1,877,242 across 16 lines filed
Part X · Balance sheet $605,721 assets, 12 lines filed
Part XI · Reconciliation of net assets −$203,402 net assets at year end
Form 990 e-file FY2022 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File
Similar organizations you could support · Compare with another nonprofit
The names, titles, and financial information shown on this page are reproduced from IRS Form 990 filings, which are public records. More
Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown. A filing can only be corrected by the organization filing an amended return with the IRS; the corrected information appears here at our next update.
We publish only information contained in the public IRS filing, and less than the filing contains. Our pages do not display home addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.
Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.
If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.
Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.
If you believe the IRS filing itself is inaccurate, contact the filing organization or the IRS directly.