Club Velocity Volleyball Inc
- Assets
- $56.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Greenwood, AR
- Founding
- Data as of
- 12/2021
- EIN
- 27-1729502
Organization Overview
Club Velocity Volleyball Inc is located in Greenwood, AR. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Club Velocity Volleyball 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, Club Velocity Volleyball Inc generated $103.0k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 15.9% each year . All expenses for the organization totaled $84.7k during the year ending 12/2021. While expenses have increased by 7.1% per year over the past 2 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.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $103,018 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $103,018 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $48,200 |
| Occupancy, rent, utilities, and maintenance | $2,844 |
| Printing, publications, postage, and shipping | $940 |
| Other expenses | $32,721 |
| Total expenses | $84,705 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $55,963 |
| Other assets | $0 |
| Total assets | $55,963 |
| Total liabilities | $0 |
| Net assets or fund balances | $55,963 |
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