Virginia Extreme Force Inc
- Assets
- $3.3m
- Revenue
- $689.1k
- Investments
- $0.0
- Employees
- 8
- Location
- Chesapeake, VA
- Founding
- 10/2006
- Data as of
- 12/2021
- EIN
- 20-2525319
Organization Overview
Virginia Extreme Force Inc is located in Chesapeake, VA. The organization was established in 2006. According to its NTEE Classification (O12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Youth Development and related organizations. As of 12/2021, Virginia Extreme Force Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Virginia Extreme Force 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 Extreme Force Inc generated $689.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.2% each year. All expenses for the organization totaled $258.7k 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
PROVIDING DIRECTION AND DISCIPLINE IN CHEER FORMS AND BODY CONDITIONING. TRAINING FOR COLLEGE, SCHOLARSHIPS AND ENRICHING THE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING DIRECTION AND DISCIPLINE IN CHEER FORMS AND BODY CONDITIONING. TRAINING FOR COLLEGE, SCHOLARSHIPS AND ENRICHING THE COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Don Ferguson Vice Pres./e | Trustee | 10 | $32,940 |
Peter Scopa President/em | Officer | 10 | $28,800 |
Karen Sewell Secretary/em | Officer | 10 | $26,200 |
Janice Scopa Treasurer/em | Officer | 10 | $13,170 |
Kelly Abad Director | Trustee | 10 | $0 |
Daniel Mahony Director | Trustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| 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 | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $4 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $290,392 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $326,854 |
| Net Income from Sales of Inventory | -$1,822 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $689,057 |
| 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 | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $163,757 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $12,851 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,550 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $42,515 |
| 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 | $0 |
| All other expenses | $2,589 |
| Total functional expenses | $258,687 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $723,886 |
| 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 | $3,390 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,567,922 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $925,979 |
| Other assets | $88,976 |
| Total assets | $3,310,153 |
| 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 | $3,189,721 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $455 |
| Total liabilities | $3,190,176 |
| Net assets without donor restrictions | $119,977 |
| 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 | $3,310,153 |
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