Iptay is a 501(c)(3) organization based in Clemson, South Carolina, registered in 2014, with $71,552,779 in FY2024 revenue. CharityIndex grades it A, and it directs about 77% of spending to programs.
Revenue (FY2024)
$71.6M
▼ 8.8% vs prior year
Youth median: $163K
Expenses (FY2024)
$76.0M
Net assets
$124.6M
Employees
104
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Iptay: 77% to programs · $0 to raise $100 earns a A on this criterion. See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Iptay: 20 mo reserves · -6% margin earns a B+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Iptay: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Iptay: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Support of clemson university athletic programs
Revenue grew from $59.4M (FY2014) to $71.6M (FY2024) across 11 reported years.
Financial snapshot
Operating margin
-6.2%
Spent more than it raised in the latest fiscal year.
Total assets
$143.9M
Total liabilities
$19.3M
Net assets
$124.6M
Salaries & benefits
$5.0M
7% of expenses
Board members
25
23 independent
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $71,552,779▼8.8% | $75,968,776▼10.1% | $124,569,227▼14.6% | $143,850,821▼6.9% | 990 |
| 2023 | $78,478,196▼36.0% | $84,457,995▼11.1% | $145,852,960▼0.9% | $154,456,857▼1.6% | 990 |
| 2022 | $122,711,591▲69.9% | $94,992,220▲46.2% | $147,235,812▲28.0% | $157,007,308▲25.6% | 990 |
| 2021 | $72,209,791▲7.8% | $64,981,107▲0.3% | $114,999,821▼2.2% | $124,989,602▼1.4% | 990 |
| 2020 | $66,960,073▲17.2% | $64,762,533▲14.7% | $117,573,049▲19.3% | $126,811,025▲21.0% | 990 |
| 2019 | $57,131,409▼6.1% | $56,465,108▼3.8% | $98,569,779▲1.6% | $104,768,916▲5.1% | 990 |
| 2018 | $60,817,842▲1.4% | $58,689,575▲15.7% | $96,993,021▲5.8% | $99,709,837▲7.1% | 990 |
| 2017 | $59,965,726▲5.2% | $50,731,363▼33.9% | $91,669,365▲13.9% | $93,124,982▲13.4% | 990 |
| 2016 | $57,008,584▲2.3% | $76,702,760▲285% | $80,471,815▼17.9% | $82,104,070▼17.3% | 990 |
| 2015 | $55,704,966▼6.2% | $19,910,571▲3026% | $97,972,721▲56.0% | $99,220,512▲57.9% | 990 |
| 2014 | $59,403,477 | $636,876 | $62,788,864 | $62,842,271 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Highest-paid: Travis T Furbee — $306,670 (0.40% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Travis T Furbee | Sr. Assoc Dir Annual Fund | 37.5 | $306,670 |
| Aaron D Dunham | Sr. Assoc Dir. Major Gifts | 37.5 | $303,560 |
| Davis Babb | Ceo | 37.5 | $242,925 |
| Bradley S Brown | Coo | 37.5 | $235,118 |
| Bryan Wesley Cribb | Assoc Dir Iptay Operations | 37.5 | $170,672 |
| Laurin R Gaulin | Assoc Dir Major Gifts | 37.5 | $148,126 |
| Kyle R Shields | Dir of Premium Seating | 37.5 | $143,251 |
| Adam Witty | Director | 1 | — |
| Antonis Katsiyannis | Director | 1 | — |
| Ben Griffith | Secretary | 1 | — |
| Bill Smith | Director | 1 | — |
| Billy Milam | President | 1 | — |
| Bobby Conrad | Director Thru 02/25 | 1 | — |
| Bob Riggins | Director | 1 | — |
| Charles Dalton | Director | 1 | — |
| Dan Garrison | Director | 1 | — |
| Deb Conklin | Director | 1 | — |
| Eddie Dalton | Director | 1 | — |
| Eddie Robinson | Director | 1 | — |
| Edgar Mcgee | Director | 1 | — |
| Contractor | Services | Paid |
|---|---|---|
| Upstate Hospitality LLC | Catering | $571,869 |
| Consolidated Printing Inc | Printing/binding | $528,552 |
| Clemson University Foundation | Administrative Mgmt Fees | $360,875 |
| Printsource Inc | Printing/binding | $306,656 |
| Brown Brothers Harriman | Investment Fees | $123,131 |
28 grants to Iptay totaling $1.1M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| The Us Charitable Gift Trust | For recipient's exempt purpose | 2023 | $50,000 |
| National Christian Charitable Foundation | Growth | 2023 | $21,750 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $15,500 |
| Donor Advised Charitable Giving | Human services | 2023 | $10,600 |
| National Christian Charitable Foundation | Growth | 2022 | $253,250 |
| National Christian Charitable Foundation | Growth | 2022 | $253,250 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2022 | $25,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2020 | $25,750 |
| Donor Advised Charitable Giving | Human services | 2020 | $8,700 |
| Donor Advised Charitable Giving | Human services | 2020 | $8,700 |
| Clemson University Foundation | General support | 2019 | $30,720 |
| United Way Worldwide | General charitable operation | 2019 | $10,439 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2019 | $8,619 |
| United Way Worldwide | General charitable contributions | 2018 | $22,500 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2018 | $10,000 |
1 grant totaling $58.5M in FY2024. All grants made by Iptay →
| Recipient | Purpose | Amount |
|---|---|---|
| Clemson University | Athletic operations, debt service, and other athletic support, including reimbursement for personnel supporting iptay operations | $58,546,659 |
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Data for Iptay (EIN 46-5666637) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.