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Nonprofit · EIN 88-2810939

VARSITY COLLECTIVE CHARITABLE FUND INC

Tax-exempt · MADISON, WI 53703

Financials

$3.5M$2.9M2022$4.3M$2.2M2023$7.6M$6.1M2024
Revenue Expenses · by fiscal year end
Financials of VARSITY COLLECTIVE CHARITABLE FUND INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$7,576,508$6,086,163$1,490,345$4,539,567$461,230$4,078,337
June 30, 2024990$4,283,284$2,225,771$2,057,513$2,792,913$204,921$2,587,992
June 30, 2023990$3,479,554$2,949,075$530,479$805,565$275,086$530,479
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$7,539,431
Program service revenue
$0
Investment income
$37,077
Net gain from sales of assets
-$88
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$17,365
Accounting fees
$21,448
Depreciation
$25,000
Program services (functional)
$5,714,771
Management and general (functional)
$349,392
Fundraising (functional)
$22,000

Balance sheet and other

Total assets, start of year
$2,792,913
Total assets, end of year
$4,539,567
Total liabilities, end of year
$461,230
Net assets, end of year
$4,078,337
Land, buildings and equipment
$34,213
Net assets without donor restrictions
$2,120,175
Net assets with donor restrictions
$1,958,162
Gross receipts
$8,550,948
Employees
0
Volunteers
6
Year formed
2022
State of legal domicile
WI

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
ROB MASTERDIRECTOR
Trustee or director
20$0
PAUL WRYCHAPRESIDENT/SECRETARY
Trustee or director, Officer
1$0
FRED GOETZKEDIRECTOR
Trustee or director
1$0
TED KELLNERDIRECTOR
Trustee or director
1$0
ROBERT ADAMOVDIRECTOR
Trustee or director
1$0
MARK WILSONTREASURER
Officer
12$0
990 for the year ended June 30, 2024: 7 people
NameTitleHours / weekCompensation
ROB MASTEREXECUTIVE CHAIR
Trustee or director, Officer
20$0
PAUL WRYCHAPRESIDENT/SECRETARY
Trustee or director, Officer
1$0
FRED GOETZKEDIRECTOR
Trustee or director
1$0
TED KELLNERDIRECTOR
Trustee or director
1$0
ROBERT ADAMOVDIRECTOR
Trustee or director
1$0
IRENE RONZIA THRU MAYTREASURER
Officer
12$0
MARK WILSONTREASURER
Officer
12$0
990 for the year ended June 30, 2023: 5 people
NameTitleHours / weekCompensation
ROB MASTEREXECUTIVE CHAIR
Trustee or director, Officer
20$0
PAUL WRYCHAPRESIDENT/SECRETARY
Trustee or director, Officer
1$0
FRED GOETZKEDIRECTOR
Trustee or director
1$0
TED KELLNERDIRECTOR
Trustee or director
1$0
IRENE RONZIATREASURER
Officer
12$0

Address and contacts

Address (IRS master file)
150 E GILMAN ST STE 5000, MADISON, WI 53703-1482
In care of
% C-O FOLEY & LARDNER LLP
Principal officer (990 for 2024)
PAUL WRYCHA, 150 E GILMAN ST 5000, MADISON, WI 53703
Signed the 990
PAUL WRYCHA, PRESIDENT/SECRETARY
Phone
(608) 258-4314
Return prepared by
WEGNER CPAS LLP

Mission

TO ADVANCE THE EFFORTS AND ACTIVITIES OF CHARITABLE AND EDUCATIONAL ORGANIZATIONS IN THE GREATER MADISON COMMUNITY BY FACILITATING THE INVOLVEMENT OF STUDENT ATHLETES IN COMMUNICATION AND PUBLIC EDUCATION; TO SUPPORT THE DEVELOPMENT OF UNIVERSITY OF WISCONSIN MADISON STUDENT ATHLETES FOR FUTURE CAREERS AND RESPONSIBLE CITIZENSHIP; TO SUPPORT THE UNIVERSITY'S ATHLETICS PROGRAM BY ENTERING INTO AGREEMENTS WITH STUDENT ATHLETES FOR THE USE OF THEIR NAME, IMAGE, AND LIKENESS.

990 for the year ended June 30, 2025

Program accomplishments

  • SUPPORT OF CHARITABLE ACTIVITIES CONDUCTED BY STUDENT-ATHLETES IN FURTHERANCE OF THE ORGANIZATION'S MISSION, INCLUDING ENTERING INTO AGREEMENTS WITH STUDENT ATHLETES FOR THE USE OF THEIR NAME, IMAGE AND LIKENESS IN PROMOTING CHARITABLE ORGANIZATIONS AND THE ORGANIZATION ITSELF.
    Expenses $5,714,771

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
88-2810939
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2022
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$4,539,567
Income (IRS master file)
$8,550,948

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$7,576,508$6,086,163$4,539,567IRS
990June 2024$4,283,284$2,225,771$2,792,913IRS
990June 2023$3,479,554$2,949,075$805,565IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 88-2810939).

Questions about VARSITY COLLECTIVE CHARITABLE FUND INC

What is the EIN of VARSITY COLLECTIVE CHARITABLE FUND INC?
The employer identification number (EIN) of VARSITY COLLECTIVE CHARITABLE FUND INC is 88-2810939.
Is VARSITY COLLECTIVE CHARITABLE FUND INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
Are donations to VARSITY COLLECTIVE CHARITABLE FUND INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does VARSITY COLLECTIVE CHARITABLE FUND INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of VARSITY COLLECTIVE CHARITABLE FUND INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did VARSITY COLLECTIVE CHARITABLE FUND INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of VARSITY COLLECTIVE CHARITABLE FUND INC?
The 990 for the year ended June 30, 2025 names PAUL WRYCHA.
Who are the officers and directors of VARSITY COLLECTIVE CHARITABLE FUND INC?
The 990 for the year ended June 30, 2025 lists 6 people; 0 received compensation from the organization.
How much revenue does VARSITY COLLECTIVE CHARITABLE FUND INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $7,576,508, expenses of $6,086,163 and total assets of $4,539,567 at year end.

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