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Education : Scholarship and Financial Support

Wolfpack Club

Financing scholarships to needy and worthy students

three stars

80.75

5400 Trinity Road Suite 407
Raleigh, NC 27607
tel: (919) 865-1500   Web Site
EIN: 56-0650623

Board Leadership
David Beam
President

CEO
Bobby Purcell
Executive Director

  Score
(out of 100)
Rating
Overall Score & Rating 80.75 three stars
  Financial 91.93 four stars
  Accountability & Transparency 74.00 two stars
This rating was published 06/01/2019 and includes data from FY2018, the most recent 990 received at that time.

The mission of the NCSU Student Aid Association (Wolfpack Club) is to provide private financial support for athletic scholarships and facilities for NC State University. Additionally, the Student Aid Association provides communication and services for all friends of Wolfpack athletics. All of the activities of the Association are done with the highest integrity for academic and athletic excellence and within the guidelines established by the University, the Atlantic Coast Conference, and the National Collegiate Athletic Association.

The mission of the NCSU Student Aid Association (Wolfpack Club) is to provide private financial support for athletic scholarships and facilities for NC State University. Additionally, the Student Aid Association provides communication and services for all friends of Wolfpack athletics. All of the activities of the Association are done with the highest integrity for academic and athletic excellence and within the guidelines established by the University, the Atlantic Coast Conference, and the National Collegiate Athletic Association.

Impact Information

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GlobalGiving Status
Partner Status
This organization holds GlobalGiving Partner Status. GG Rewards is the system GlobalGiving uses to reward nonprofits that demonstrate listening to the people they serve, learning, and improving their impact. Organizations receive points which translate into their Status: 52% of organizations are Partner, 22% are Leader, and the top 26% of organizations are Superstar. GlobalGiving is a trusted Impact Information partner of Charity Navigator.
Additional Badges from GlobalGiving
Vetted
This organization has been vetted by GlobalGiving.
This impact information is current as of March 2019, when it was provided to us by GlobalGiving. At this time, Impact information published on this organization's page has no effect on its rating per our methodology. Further, the availability of GG Rewards information for charities on our site has no effect on Charity Navigator's evaluation of GlobalGiving.

Financial

four stars

91.93

Accountability & Transparency

two stars

74.00

This rating was published 06/01/2019 and includes data from FY2018, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
85.0%
  Administrative Expenses 5.7%
  Fundraising Expenses 9.2%
  Fundraising Efficiency $0.11
  Working Capital Ratio (years) 1.78
  Program Expenses Growth 6.9%
  Liabilities to Assets 18.7%
All data for Financial Performance Metrics calculations was provided by Wolfpack Club on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Wolfpack Club on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Wolfpack Club (NC) 80.75 three stars
Razorback Foundation (AR) 92.01 four stars
United States Coast Guard Academy Alumni Association (CT) 89.21 three stars
Kappa Kappa Gamma Foundation (OH) 87.06 three stars
Georgia Southern University Athletic Foundation (GA) 85.44 three stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $20,478,969
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $0
Total Contributions $20,478,969
   Program Service Revenue $0
Total Primary Revenue $20,478,969
   Other Revenue $3,998,889
TOTAL REVENUE $24,477,858
   
EXPENSES  
   Program Expenses $20,941,248
   Administrative Expenses $1,138,837
   Fundraising Expenses $2,527,316
TOTAL FUNCTIONAL EXPENSES $24,607,401
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-129,543
   
Net Assets $80,725,479

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Financing Scholarships $13,251,758 63.3%
Facility Improvements $7,577,098 36.2%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2018-06 06/01/2019 80.75 three stars
2017-06 07/01/2018 89.62 three stars
2016-06 07/01/2017 90.22 four stars
2015-06 11/01/2016 86.97 three stars
2014-06 06/01/2016 79.82 two stars
 
CN 2.0
2014-06 11/01/2015 80.80 three stars
2013-06 12/22/2014 76.73 two stars
2012-06 11/01/2013 80.13 three stars
2011-06 08/01/2012 76.58 two stars
2010-06 09/20/2011 73.50 two stars
 
CN 1.0
2009-06 12/22/2010 73.12 two stars
2008-06 08/01/2009 80.82 three stars
2007-06 02/01/2009 84.55 three stars
2005-06 06/01/2006 85.55 three stars
2004-06 03/01/2005 90.05 four stars
2003-06 05/01/2004 97.30 four stars
2002-06 06/09/2003 94.10 four stars
2001-06 02/05/2003 88.13 three stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 56-0650623
Name in IRS Master File NC STUDENT AID ASSOCIATION INC
NTEE Code B82
NTEE Classification Scholarships, Student Financial Aid Services, Awards
NTEE Type Educational Institutions and Related Activities
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (59) Other school related activities
(40) Scholarships (other)
Foundation Status Organization which operates for benefit of college or university and is owned or operated by a governmental unit 170(b)(1)(A)(iv)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date August, 1955
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End June
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • June, 2018
  • June, 2017
  • June, 2016
  • June, 2015
  • June, 2014
Compensation % of Expenses Paid to Title
$352,324 1.43% Robert Purcell Executive Director

Highly Rated

Charity Name & State Overall Score Overall Rating
Wolfpack Club (NC) 80.75 three stars
Razorback Foundation (AR) 92.01 four stars
Iowa State University Alumni Association (IA) 85.99 three stars
Marine Corps University Foundation (VA) 86.50 three stars
The Rams Club (NC) 85.38 three stars

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Charity Contact Info

Wolfpack Club
5400 Trinity Road
Suite 407
Raleigh, NC 27607
tel: (919) 865-1500
fax: (919) 865-1520
EIN: 56-0650623

Mail donations to:
P.O. Box 37100
Raleigh, NC 27627

Visit Web Site

Board Leadership

David Beam
President

CEO

Bobby Purcell
Executive Director

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