Great Valley Community Organization is located in Malvern, PA. The organization was established in 2007. According to its NTEE Classification (N31) the organization is classified as: Community Recreational Centers, under the broad grouping of Recreation & Sports and related organizations. As of 09/2021, Great Valley Community Organization employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Great Valley Community Organization 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 09/2021, Great Valley Community Organization generated $355.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (9.9%) each year. All expenses for the organization totaled $339.9k during the year ending 09/2021. As we would expect to see with falling revenues, expenses have declined by (5.6%) per year over the past 6 years. 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
THE GREAT VALLEY COMMUNITY ORGANIZATION HELPS BUILD A STRONG, VIBRANT, AND CONNECTED COMMUNITY BY PROVIDING FACILITIES, ACTIVITIES AND PROGRAMS ENRICHING THE LIVES OF ALL RESIDENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GVCO WAS FORMED 20 PLUS YEARS AGO AS A SMALL BASKETBALL LEAGUE FOR 60 CHILDREN. TODAY WE HAVE OVER 5,500 FAMILIES PARTICIPATING IN OUR PROGRAMMING. THE GREAT VALLEY COMMUNITY ORGANIZATION IS A VOLUNTEER DRIVEN ORGANIZATION HELPING TO BUILD A STRONG, VIBRANT AND CONNECTED COMMUNITY THROUGH YOUTH BASKETBALL, FOOTBALL, CHEERLEADING, AND CREW, AS WELL AS PICKLE BALL, DANCE CLASSES, SUMMER CAMPS/CLINICS, SPECIAL NEEDS SPORTS PROGRAMS, ARTS PROGRAMS, EDUCATION AND TUTORING PROGRAMS, STUDENT COMMUNITY OUTREACH, AND COMMUNITY PARTNERSHIPS WITH SPCA, HOME OF THE SPARROW, AND CRADLES TO CRAYONS.
GVCO WAS FORMED 20 PLUS YEARS AGO AS A SMALL BASKETBALL LEAGUE FOR 60 CHILDREN. TODAY WE HAVE OVER 5,500 FAMILIES PARTICIPATING IN OUR PROGRAMMING. THE GREAT VALLEY COMMUNITY ORGANIZATION IS A VOLUNTEER DRIVEN ORGANIZATION HELPING TO BUILD A STRONG, VIBRANT AND CONNECTED COMMUNITY THROUGH YOUTH BASKETBALL, FOOTBALL, CHEERLEADING, AND CREW, AS WELL AS PICKLE BALL, DANCE CLASSES, SUMMER CAMPS/CLINICS, SPECIAL NEEDS SPORTS PROGRAMS, ARTS PROGRAMS, EDUCATION AND TUTORING PROGRAMS, STUDENT COMMUNITY OUTREACH, AND COMMUNITY PARTNERSHIPS WITH SPCA, HOME OF THE SPARROW, AND CRADLES TO CRAYONS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Dennis Zaitlin Director | Trustee | 4 | $0 |
Drew Alleva Director | Trustee | 4 | $0 |
Keith Walsh President/director | Trustee | 40 | $0 |
Harry Didonato Director | Trustee | 4 | $0 |
Thomas Curran Secretary | Trustee | 10 | $0 |
Robert Cottone Director | Trustee | 4 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $74,225 |
Related organizations | $0 |
Government grants | $21,000 |
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 | $95,225 |
Total Program Service Revenue | $259,592 |
Investment income | $213 |
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 | $355,030 |
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. | $34,000 |
Compensation of current officers, directors, key employees. | $34,000 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $5,460 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $34,104 |
Payroll taxes | $3,167 |
Fees for services: Management | $33,116 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $4,500 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $4,305 |
Office expenses | $1,775 |
Information technology | $4,421 |
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 | $647 |
Insurance | $8,389 |
All other expenses | $0 |
Total functional expenses | $339,899 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $93,581 |
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 | $219,060 |
Net Land, buildings, and equipment | $990,076 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,302,717 |
Accounts payable and accrued expenses | $9,079 |
Grants payable | $0 |
Deferred revenue | $35,510 |
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 | $15,520 |
Total liabilities | $60,109 |
Net assets without donor restrictions | $953,026 |
Net assets with donor restrictions | $289,582 |
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 | $1,302,717 |
Over the last fiscal year, we have identified 5 grants that Great Valley Community Organization has recieved totaling $22,645.
Awarding Organization | Amount |
---|---|
Morgan Stanley Global Impact Funding Trust Inc Indianapolis, IN PURPOSE: UNRESTRICTED GENERAL SUPPORT | $10,874 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $8,960 |
Pfizer Foundation Inc New York, NY PURPOSE: MATCHING GIFTS | $2,000 |
Pfizer Foundation Inc New York, NY PURPOSE: MATCHING GIFTS | $500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $311 |
Organization Name | Assets | Revenue |
---|---|---|
East Side House Inc Bronx, NY | $42,784,414 | $25,630,486 |
Asphalt Green Inc New York, NY | $39,826,452 | $15,850,846 |
Jewish Community Center Cincinnati, OH | $42,849,507 | $12,688,103 |
Edith And Carl Marks Jewish Community House Of Bensonhurst Inc Brooklyn, NY | $17,259,322 | $10,181,997 |
Bretton Woods Recreation Center Inc Germantown, MD | $12,283,354 | $6,533,132 |
Mosholu-Montefiore Community Center Inc Bronx, NY | $20,931,089 | $6,817,607 |
Jewish Community Center Of Atlantic County Margate, NJ | $9,439,064 | $6,677,274 |
Neighborhood Alliance Lorain, OH | $4,241,501 | $5,326,902 |
Raymond And Mirim Klein Jcc Philadelphia, PA | $5,761,678 | $5,591,664 |
Community Center Of Northern Westchester Inc Katonah, NY | $3,328,800 | $5,498,991 |
Albany Jewish Community Center Albany, NY | $6,414,404 | $4,335,273 |
Mercy Center Inc Bronx, NY | $6,137,597 | $3,436,998 |