2025-05-15T09:44:46+00:00 2024-06-30 350921680 CROWE LLP 401 East Las Olas Blvd Suite 1100 Fort Lauderdale FL 333014230 990 2023-07-01 562334448 UCF Athletics Association Inc UCFA 4078233213 4465 Knights Victory Way Orlando FL 32816 Terry Donovan CFO 2025-05-15 true Brittney Kocaj P01320603 9542028600 2025-05-15 2023 2025-03-06 01:10:19Z Terry Mohajir 4465 Knights Victory Way Orlando FL 32816 106708281 false X http://www.ucfknights.com/ X 2003 FL To positively transform the lives of our students academically, athletically, and personally through a nationally competitive intercollegiate athletics program that enhances the reputation and visibility of the University. 6 5 412 50 666670 0 23901418 31604098 55226273 74823804 137527 280379 0 79265218 106708281 12498502 12135449 0 26599276 28229244 10450 0 4382376 42349868 49177426 81458096 89542119 -2192878 17166162 89886595 88825807 71405461 61366744 18481134 27459063 TO PROVIDE OPPORTUNITY TO YOUNG PEOPLE AND DEVELOP LEADERS FOR INDUSTRY, PHILANTHROPY, EDUCATION AND THE COMMUNITY THROUGH THE INTERCOLLEGIATE ATHLETIC EXPERIENCE. false false 67397308 12135449 74157134 UCF completed its first season in the Big Twelve conference during the 2023-2024 academic year. Five of UCF's teams finished in the top half of their conference standings: men's soccer, rowing, men's tennis, softball and women's soccer. More than half of UCF's teams fell into the top 25 in each sport's respective polls. In all, eight programs were ranked, including men's soccer earning the first No. 1 ranking in UCF's history. UCF was the only school among the four Big 12 newcomers to make a bowl game in 2023-24, extending its program-record bowl streak to eight consecutive seasons. That current streak is tied for the ninth longest in the FBS and the longest among schools in the state of Florida. Additionally, the UCF Cheerleading team captured a national championship at the 2024 Division 1A Coed Cheer National Championship, their fourth national title in the event and first since 2020. UCF student-athletes extended their record-setting streak in the classroom to 33 consecutive semesters with a departmental grade-point-average of 3.0 or better - including 10 consecutive semesters with a 3.3 or higher. The Knights compiled a combined 3.42 GP A in the 2024 spring semester, which is tied for the highest semester GPA in program history. 67397308 true true false false false false false false false true false false true true true true false false false false false false false false false false false true true false false false false true false false false false false false false false true false false false true 373 0 true 412 true true true false false false false true true false false false false true false X 6 5 false false false false true true false true true false false false true true true true false false false false FL X X TERRY DONOVAN 4078236792 PO Box 163555 Orlando FL 32816 Bill Christy Board of Trustees Liaison / Vice Chair 2.0 0.0 X X 0 0 0 Dr Alexander Cartwright CHAIRMAN / UNIVERSITY PRESIDENT 2.0 40.0 X X 0 1105024 62494 Dr PHYLLIS KLOCK DIRECTOR 2.0 0.0 X 0 0 0 DR SHEILA GUTIERREZ DE PINERES DIRECTOR 2.0 0.0 X 0 0 0 Dr William Self DIRECTOR 2.0 0.0 X 0 0 0 Edward Matthew Douglass Board member (SAAC Representative) 2.0 0.0 X 0 0 0 Terry Donovan Sr. Exec. Associate AD / CFO / Treasurer 40.0 0.0 X 215454 0 31787 Terry Mohajir ATHLETIC DIRECTOR / PRESIDENT 40.0 0.0 X 1196311 0 36240 Addison Williams Assistant Coach, Football 40.0 0.0 X 709486 0 41030 Darin Hinshaw Assistant Coach Football 40.0 0.0 X 593872 0 28611 David Gibbs Defensive Coordinator, Football 40.0 0.0 X 493781 0 37750 Gus Malzahn HEAD COACH, FOOTBALL 40.0 0.0 X 643076 0 32696 Herb Hand Offensive Line Coach, Football 40.0 0.0 X 632833 0 41030 4484813 1105024 311638 43 false true false GKM Management LLC 1460 Via Tuscany Winter Park FL 32789 CONTRACT SERVICES 2150000 Dawkins Family Services Inc 1180 Red Haven Lane Oviedo FL 32765 CONTRACT SERVICES 883786 CONTEMPORARY SERVICES CORP 17101 SUPERIOR ST NORTHRIDGE CA 91325 CROWD MANAGEMENT 408066 Southern Painting and Sandblasting 175 Anchor Road Casselberry FL 32707 Painting and sandblasting services 311825 Catapult Sports 181 Ballardvalle Street Wilmington MA 01887 Contracted Services 253000 18 30168963 1435135 31604098 STUDENT FEES 713990 23585871 23585871 CONFERENCE DISTRIBUTIONS 900099 20394352 20394352 TICKET SALES 711210 15978548 15978548 SPONSORSHIP REVENUES 541800 12512232 11845562 666670 Game guarantees 900099 225500 225500 2127301 2127301 0 0 74823804 265134 265134 0 0 15245 0 15245 15245 15245 0 0 0 0 0 106708281 74157134 666670 280379 X 12135449 12135449 1479792 0 1479792 0 22083015 15551460 4914975 1616580 921303 641944 199657 79702 2297471 1519678 586350 191443 1447663 930625 396659 120379 54021 54021 48195 48195 14101592 10434058 2661695 1005839 1852574 96949 1087489 668136 2600337 1834673 578885 186779 1603834 968887 619401 15546 4927865 3337512 1600854 -10501 7230992 7026373 131780 72839 1136068 1136068 4107212 4107212 873702 873702 ATHLETIC SUPPLIES 3797989 3497585 107181 193223 Sports Equipment 2789437 2542829 71053 175555 GAME GUARANTEES 2104800 1204800 900000 Repairs and Maintenance 1663323 1392205 233963 37155 285485 175069 80715 29701 89542119 67397308 17762435 4382376 16015897 19518464 2570693 5308515 5049445 3989114 0 0 0 0 2739127 80608 51687071 18985625 33847404 32701446 0 0 29664029 27227660 89886595 88825807 2731814 2523677 6031228 13476912 0 0 7228000 5280000 55414419 40086155 71405461 61366744 X 18481134 27459063 18481134 27459063 89886595 88825807 X 17166162 -8188233 X false true X true false X 9563181 7226152 29948016 23901418 31604098 102242865 0 0 9563181 7226152 29948016 23901418 31604098 102242865 0 102242865 0 0 0 152772 265134 417906 0 0 0 0 0 0 97617 0 0 0 0 97617 102758388 297498662 0.9950 0.9961 X Schedule A, Part II, Line 10 Other Income DESCRIPTION - FUNDRAISING INCOME, COLUMN A - 97617.0, COLUMN B - 0.0, COLUMN C - 0.0, COLUMN D - 0.0, COLUMN E - 0.0, COLUMN F - 97617.0; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 700272 700272 35153072 10973800 24179272 9458736 2994351 6464385 6374991 5017474 1357517 32701446 Due from UCF Stadium Corp Due from University of Central Florida 1076 Due from University of Central Florida Foundation, Inc 1432428 Right-of-Use Assets 25757729 Due from UCF Convocation Corp. 36427 27227660 NOTES PAYABLE TO THE UNIVERSITY OF CENTRAL FLORIDA 3552537 DUE TO THE UNIVERSITY OF CENTRAL FLORIDA 3002 COMPENSATED ABSENCES 927422 DUE TO THE UCF CONVOCATION CORPORATION 79870 DUE TO THE UCF STADIUM CORP 72038 LINE OF CREDIT PAYABLE TO THE UCF FOUNDATION DUE TO THE UCF FOUNDATION 659398 Athletic Conference exit fee payable 8000000 Right-of-Use liability - related party 22598763 Right-of-Use liability 4193125 40086155 X 105455850 -1252431 -1252431 106708281 0 0 106708281 89302572 1012884 1012884 88289688 1252431 1252431 89542119 Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote THE ASSOCIATION IS GENERALLY EXEMPT FROM FEDERAL INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE ASSOCIATION FILES TAX RETURNS IN THE U.S. FEDERAL JURISDICTION. THE ASSOCIATION'S TAX RETURNS FOR THE PAST THREE YEARS ARE SUBJECT TO EXAMINATION BY TAX AUTHORITIES, AND MAY CHANGE UPON EXAMINATION. THE ASSOCIATION HAS REVIEWED AND EVALUATED THE RELEVANT TECHNICAL MERITS OF EACH OF ITS TAX POSITIONS IN ACCORDANCE WITH ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA FOR ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES AND DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS THAT WOULD HAVE A MATERIAL IMPACT ON THE FINANCIAL STATEMENTS OF THE ASSOCIATION. Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 Interest Expense - -1136068 OTHER NONOPERATING EXPENSES NETTED INTO AUDITED FINANCIAL STATEMENT REVENUE - -116363 Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 CAPITAL ASSET TRANSFERS TO AFFILIATES - 1012884 Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statements INTEREST EXPENSE - 1136068 OTHER NONOPERATING EXPENSES NETTED INTO AUDITED FINANCIAL STATEMENT REVENUE - 116363 true SCHOLARSHIPS 347 12135449 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. ALL SCHOLARSHIP FUNDS ARE PAID EITHER DIRECTLY TO THE INDIVIDUAL OR THROUGH THE SCHOOL'S FINANCIAL AID DEPARTMENT. THE AMOUNTS RECEIVED BY EACH STUDENT-ATHLETE ARE MONITORED CAREFULLY BY UCFAA'S COMPLIANCE AND BUSINESS OFFICES TO ENSURE COMPLIANCE WITH NCAA RULES. X X X true true false false false false false false false true false Dr Alexander Cartwright CHAIRMAN / UNIVERSITY PRESIDENT 0 724713 0 302000 0 78311 0 32769 0 29725 0 1167518 0 0 Terry Mohajir ATHLETIC DIRECTOR / PRESIDENT 857537 0 300000 0 38774 0 16500 0 19740 0 1232551 0 0 0 Terry Donovan Sr. Exec. Associate AD / CFO / Treasurer 191854 0 20000 0 3600 0 10537 0 21250 0 247241 0 0 0 Darin Hinshaw Assistant Coach Football 555417 0 30000 0 8455 0 15351 0 13260 0 622483 0 0 0 Herb Hand Offensive Line Coach, Football 464092 0 162500 0 6241 0 16500 0 24530 0 673863 0 0 0 Gus Malzahn HEAD COACH, FOOTBALL 519176 0 70000 0 53900 0 16500 0 16196 0 675772 0 0 0 Addison Williams Assistant Coach, Football 669741 0 11458 0 28287 0 16500 0 24530 0 750516 0 0 0 David Gibbs Defensive Coordinator, Football 442947 0 18750 0 32084 0 16500 0 21250 0 531531 0 0 0 Schedule J, Part I, Line 1a First-class or charter travel ON OCCASION, UCFAA WILL PAY FOR THE HEAD FOOTBALL COACH TO FLY FIRST CLASS WHEN TRAVELING ON A RECRUITING TRIP WHICH IS NOT TAXABLE TO THE INDIVIDUAL. Schedule J, Part I, Line 1a Travel for companions COMPANION TRAVEL IS PART OF THE DIRECTOR OF ATHLETICS CONTRACT. THERE ARE OCCASIONS WHERE COMPANIONS WILL TRAVEL WITH COACHES TO POST-SEASON CHAMPIONSHIP EVENTS WHICH IS NOT TAXABLE TO THE INDIVIDUAL. Schedule J, Part I, Line 1a Health or social club dues or initiation fees UCFAA PAYS FOR COUNTRY CLUB FEES FOR THE COACHES TO HELP SCOUT POTENTIAL DONORS, ALL OF WHICH ARE TAXABLE TO THE INDIVIDUAL. Schedule J, Part I, Line 7 Non-fixed payments BONUSES FOR HEAD COACH POSITIONS ARE DETERMINED AT THE DISCRETION OF THE ATHLETIC DIRECTOR. BONUSES FOR ASSISTANT COACHES ARE DETERMINED AT THE DISCRETION OF THE HEAD COACH WITH APPROVAL FROM THE ATHLETIC DIRECTOR. THE BONUS OF THE ATHLETIC DIRECTOR IS DETERMINED AT THE DISCRETION OF THE UNIVERSITY PRESIDENT AND APPROVED BY UNIVERSITY AUDIT. EDWARD (MATTHEW) DOUGLASS BOARD MEMBER 20507 Financial Aid Tuition Assistance Form 990, Part VI, Line 15b PROCESS TO ESTABLISH COMPENSATION OF OTHER EMPLOYEES The compensation of other officers is determined by the Director of Athletics using budget and market data. These compensation determinations are saved in the employee's file. Form 990, Part VI, Line 15a PROCESS TO ESTABLISH COMPENSATION OF TOP MANAGEMENT OFFICIAL The Athletic Director is considered to be the top management official of UCF Athletics Association. Compensation of the Athletic Director was first established with the assistance of an executive search firm. UCFAA also utilized a database available to all colleges and universities in UCF's conference, from which comparability data for similar positions within the conference was obtained and reviewed in establishing Athletic Director compensation. The President of the University, who serves as the Chairman of UCFAA's Board of Directors, was involved in developing the terms of the contract. Base compensation for the Athletic Director is dictated in his contract, which includes contracted increases. Form 990, Part VI, Line 1a Delegate broad authority to a committee Pursuant to Article V, Section 1, Paragraph A of the organization's Bylaws, there shall be an Executive Committee as follows. The Executive Committee shall consist of five members: -The organization's President; -The President of the University of Central Florida or designee (who must be a member of the filing organization's Board of Directors); -The Chairman of the University of Central Florida Board of Trustees or designee (who must be a member of the filing organization's Board of Directors); and -Two individuals who are designated by the Chairman of the filing organization's Board of Directors. The Executive Committee shall have and may exercise all powers and authority of the Board of Directors when the Board is not in session, subject only to such restrictions or limitations as the Board of Directors may from time to time specify; provided, however, that the Executive Committee shall have no authority to alter, amend, or repeal the Articles of Incorporation or the Bylaws of the organization or to appoint directors. All actions of the Executive Committee shall be reported in writing to the Board of Directors at the next meeting of the board, or when deemed sufficiently important by any member of the Executive Committee, such actions shall be reported within ten days after such action. All actions of the Executive Committee shall be included in the minutes of the Board of Directors meeting. Form 990, Part VI, Line 6 Classes of members or stockholders THE PRESIDENT OF THE UNIVERSITY OF CENTRAL FLORIDA HAS THE RIGHT TO APPOINT BOARD MEMBERS OF UCF ATHLETICS. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body THE BOARD OF DIRECTORS SHALL CONSTITUTE THE MEMBERS OF THE ORGANIZATION. THE FOLLOWING SHALL BE MEMBERS OF THE BOARD OF DIRECTORS OF THE ORGANIZATION: A. THE PRESIDENT OF THE UNIVERSITY OF CENTRAL FLORIDA OR HIS DESIGNEE. B. THE CHAIRMAN OF THE UNIVERSITY OF CENTRAL FLORIDA BOARD OF TRUSTEES OR HIS DESIGNEE. C. THE PRESIDENT OF THE UNIVERSITY OF CENTRAL FLORIDA ALUMNI ASSOCIATION OR DESIGNEE. D. THE PRESIDENT OF THE UNIVERSITY OF CENTRAL FLORIDA GOLDEN KNIGHTS CLUB OR DESIGNEE. E. THREE MEMBERS OF THE PUBLIC AS APPOINTED BY THE PRESIDENT OF THE UNIVERSITY FOR SUCH TERMS AS THE PRESIDENT OF THE UNIVERSITY SHALL DESIGNATE. Form 990, Part VI, Line 11b Review of form 990 by governing body THE COMPLETED FORM 990 WILL BE REVIEWED BY THE ORGANIZATION'S CFO AND ATHLETIC DIRECTOR. Form 990, Part VI, Line 12c Conflict of interest policy CONFLICT OF INTEREST IS A COMPONENT OF UCFAA EMPLOYMENT AGREEMENTS, WHICH IS MONITORED BY THE NCAA OUTSIDE INCOME FORM SUBMITTED IN MAY/JUNE EACH YEAR. Additionally, UCFAA has implemented its own Conflict of Interest policy applying to all officers, directors, and key employees of UCFAA. This policy is intended to supplement, but not replace, any applicable state laws governing conflicts of interest applicable to nonprofit corporations. The directors, officers, committee members, and key employees of the organization are chosen to serve the purposes to which the organization is dedicated. These persons have a duty to conduct the affairs of the organization in a manner consistent with such purposes and not to advance their personal interests. The conflict of interest policy is intended to permit the organization and its directors, officers, committee members, and key employees to identify, evaluate, and address any real, potential, or apparent conflicts of interest that might, in fact or in appearance, call into question that person's duty of loyalty to the organization. This policy will be administered by the Board Governance Committee with the assistance of the Office of Legal Counsel and CFO. In connection with any actual or possible conflict of interest, an interested person (as defined below) must disclose the existence and nature of his or her financial interest and must be given the opportunity to disclose all material facts, to the directors and members of the Board of Directors for consideration of the proposed transaction or arrangement. An interested person shall disclose a conflict of interest: (a) prior to voting on or otherwise discharging their duties with respect to any matter involving the conflict which comes before the board or any committee; (b) prior to entering into any contract or transaction involving the conflict; (c) as soon as possible after the interested person learns of the conflict; and (d) on the Annual Disclosure form. An interested person who has or learns about a potential conflict of interest should disclose promptly to the Chair of the Board of Directors and the Organization's CFO the material facts surrounding any potential conflict of interest, including specific information concerning the terms of any contract or transaction with the Organization. All effort should be made to disclose any such contract or transaction, and have it approved by the committee before the arrangement is entered into. Following receipt of information concerning a contract or transaction involving a potential conflict of interest, the Board of Directors shall consider the material facts concerning the proposed contract or transaction, including the process by which the decision was made to recommend entering into the arrangement on the terms proposed. The committee shall approve only those contracts or transactions in which the terms are fair and reasonable to the Organization and the arrangements are consistent with the best interests of the Organization. Fairness includes, but is not limited to, the concepts that the Organization should pay no more than fair market value for any goods or services which the Organization receives and that the Organization should receive fair market value consideration for any goods or services that it furnishes others. The committee shall set forth the basis for its decision with respect to approval of contracts or transactions involving conflicts of interest in the minutes of the meeting at which the decision is made, including the basis for determining that the consideration to be paid is fair to the Organization including any comparability data used to make such determination. Form 990, Part VI, Line 19 Required documents available to the public The organization's governing documents, Conflict of Interest policy, and financial statements are available to the public on the organization's website. These documents are also available upon request. Form 990, Part VIII, Line 2f Other Program Service Revenue Other Operating Revenues - Total Revenue: 2015197, Related or Exempt Function Revenue: 2015197, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; Other nonoperating revenue - Total Revenue: 112104, Related or Exempt Function Revenue: 112104, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; Form 990, Part IX, Line 11g Other Fees Contracted Services - Total Expense: 13840962, Program Service Expense: 10256105, Management and General Expenses: 2579778, Fundraising Expenses: 1005079; Medical Services - Total Expense: 231739, Program Service Expense: 177953, Management and General Expenses: 53026, Fundraising Expenses: 760; Sponsorships - Total Expense: 28891, Program Service Expense: , Management and General Expenses: 28891, Fundraising Expenses: ; Form 990, Part XI, Line 9 Other changes in net assets or fund balances Adjustment for change in seat premium revenue recognition methodology - -7175349; CAPITAL ASSET TRANSFERS TO AFFILIATES - -1012884; UNIVERSITY OF CENTRAL FLORIDA 4000 CENTRAL FLORIDA BLVD ORLANDO FL 32816 592924021 EDUCATION FL NA false UNIVERSITY OF CENTRAL FLORIDA STADIUM CORPORATION 12424 RESEARCH PARKWAY 300 Orlando FL 32826 203794571 HOLDING COMPANY FL 501(c)(3) 5 UCF false UNIVERSITY OF CENTRAL FLORIDA CONVOCATION CORPORATION 12424 RESEARCH PARKWAY 300 ORLANDO FL 32826 161733312 MANAGEMENT FL 501(c)(3) Type I UCF false UNIVERSITY OF CENTRAL FLORIDA FINANCE CORPORATION 12424 RESEARCH PARKWAY 300 ORLANDO FL 32826 208919971 FINANCE FL 501(c)(3) Type I UCF false UNIVERSITY OF CENTRAL FLORIDA RESEARCH FOUNDATION INC 12201 RESEARCH PKWY 501 ORLANDO FL 32826 593086453 SUPPORT UCF FL 501(c)(3) Type I UCF false UNIVERSITY OF CENTRAL FLORIDA FOUNDATION INC 12424 RESEARCH PKWY 250 ORLANDO FL 32826 596211832 SUPPORT UCF FL 501(c)(3) 5 UCF false UNIVERSITY OF CENTRAL FLORIDA ACADEMIC HEALTH INC 6850 LAKE NONA BLVD ORLANDO FL 32827 812946322 SUPPORT UCF FL 501(c)(3) Type I UCF false Central Florida Clinical Practice Organization Incorporated 6850 Lake Nona Blvd Orlando FL 32827 611566097 SUPPORT UCF FL 501(c)(3) 10 UCF false false false true false true false false false false false true false false true true false false true true