Virginia Elite Spirit Inc is located in Midlothian, VA. The organization was established in 2007. According to its NTEE Classification (O11) the organization is classified as: Single Organization Support, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Virginia Elite Spirit Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Virginia Elite Spirit Inc generated $168.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $125.1k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
COMPETITIVE CHEERLEADER TRAINING.PROVIDED FINANCIAL TRAINING SUPPORT FOR CHEERLEADER TRAINING AND COMPETITION EXPRENSES FOR APPROXIMATELY 132 AMATUER ATHLETES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AMERICROWN & UR
SMG-ALTRIA, CENTER STAGE & COLISEUM
KROGER PROGRAM
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Sherri Jimenez Membership | Officer | 5 | $0 |
Dayneisha James Gym Liasion | Officer | 5 | $0 |
Janna Meyer Fundraising | Officer | 5 | $0 |
Michelle Massullo Treasuer | Officer | 15 | $0 |
Ashley Bujtas President | Officer | 12.5 | $0 |
Nicki Harvey Secretary | Officer | 10.5 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $4,272 |
Fundraising events | $164,358 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $168,630 |
Total Program Service Revenue | $0 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $168,630 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $102,014 |
Compensation of current officers, directors, key employees. | $4,800 |
Compensation of current officers, directors, key employees. | $4,800 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $850 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $625 |
Advertising and promotion | $0 |
Office expenses | $12,474 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $1,733 |
All other expenses | $0 |
Total functional expenses | $125,138 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $74,432 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $74,432 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $74,432 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $74,432 |
Over the last fiscal year, we have identified 1 grants that Virginia Elite Spirit Inc has recieved totaling $22.
Awarding Organization | Amount |
---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $22 |
Organization Name | Assets | Revenue |
---|---|---|
Youth For Tomorrow Foundation Bristow, VA | $47,367,901 | $7,748,612 |
Boy Scouts Of America Kinston, NC | $9,987,459 | $1,779,507 |
Kingswood Home For Children Inc Bean Station, TN | $2,438,351 | $1,525,021 |
Threads Of Hope Thrift Store Inc Crossville, TN | $1,278,132 | $751,338 |
Boy Scouts Of America Memphis, TN | $6,976,876 | $1,121,075 |
Potter Childrens Foundation Inc Bowling Green, KY | $18,039,633 | $1,425,469 |
Malaysian Palm Oil Council Washington, DC | $217,112 | $471,000 |
Chestnut Mountain Ranch Foundation Inc Morgantown, WV | $7,768,666 | $1,597,608 |
Boys Club Of Wake County Foundation Raleigh, NC | $6,349,359 | $1,720,813 |
Franklin-Simpson Baseball Boosters Inc Franklin, KY | $465,563 | $180,571 |
Virginia Elite Spirit Inc Midlothian, VA | $74,432 | $168,630 |
Guatemalan Educational Outreach Inc Lexington, KY | $92,014 | $0 |