Valley Athletic Assn Concession Stand
- Assets
- $128.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bensalem, PA
- Founding
- 01/1993
- Data as of
- 12/2022
- EIN
- 23-2550026
Organization Overview
Valley Athletic Assn Concession Stand is located in Bensalem, PA. The organization was established in 1993. 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. Valley Athletic Assn Concession Stand is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2022, Valley Athletic Assn Concession Stand generated $172.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (6.5%) each year. All expenses for the organization totaled $192.3k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (1.7%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
THE ASSOCIATION PROVIDES BASEBALL, SOFTBALL, BASKETBALL AND SOCCER TO THE YOUTH OF BENSALEM TOWNSHIP AND SURROUNDING COMMUNITIES. THESE PROGRAMS PROVIDE RECREATIONAL ACTIVITIES AND PROVIDE ESSENTIAL SKILLS TO PARTICIPATING YOUTH WHICH CAN BE UTILIZED AS THEY GROW AND DEVELOPE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gregory Zawislak Jr President | 40 | $0 | |
Dave Marshall Vice Preside | 40 | $0 | |
Norman Barbieri Treasurer | 40 | $0 | |
Mike Venere Dir Of Opera | 40 | $0 | |
Eric Price Athletic Dir | 40 | $0 | |
Jesse Walsh Concession S | 30 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $13,000 |
| Total Program Service Revenue | $129,197 |
| Membership dues | $0 |
| Investment income | $72 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $30,154 |
| Other Revenue | $0 |
| Total Revenue | $172,423 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $167,524 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $2,599 |
| Other expenses | $22,153 |
| Total expenses | $192,276 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $128,587 |
| Other assets | $0 |
| Total assets | $128,587 |
| Total liabilities | $0 |
| Net assets or fund balances | $128,587 |