Virginia Beach Volleyball Academy

Organization Overview

Virginia Beach Volleyball Academy is located in Virginia Beach, VA. The organization was established in 2011. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Virginia Beach Volleyball Academy 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 07/2022, Virginia Beach Volleyball Academy generated $863.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.3% each year. All expenses for the organization totaled $881.9k during the year ending 07/2022. While expenses have increased by 9.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

VBVBA IS A YOUTH-ORIENTED SPORTS ORGANIZATION PROMOTING THE SPORT OF VOLLEYBALL IN THE VIRGINIA BEACH, VIRGINIA AREA. THE TWO MAIN AREAS OF ACTIVITY ARE INDIVIDUALIZED VOLLEYBALL CLINICS AND PARTICIPATION IN USAV SANCTIONED EVENTS IN A TEAM FORMAT.

Describe the Organization's Program Activity:

Part 3 - Line 4a

USAV SANCTIONED EVENTS AND CLINICS


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Board, Officers & Key Employees

Name (title)Compensation
Jason Seaford
Director
$4,620
Michael Roberts
Director & President
$2,010
Cheryl Smith
Director
$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$584,746
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 $277,976
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $863,160

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