Vysa For Land Preservation
- Assets
- $6.3m
- Revenue
- $617.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Fredericksburg, VA
- Founding
- 02/2011
- Data as of
- 08/2022
- EIN
- 27-2612113
Organization Overview
Vysa For Land Preservation is located in Fredericksburg, VA. The organization was established in 2011. According to its NTEE Classification (N99) the organization is classified as: Recreation & Sports N.E.C., 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. Vysa For Land Preservation 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 08/2022, Vysa For Land Preservation generated $617.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (9.2%) each year. All expenses for the organization totaled $1.3m during the year ending 08/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
VYSA FOR LAND PRESERVATION WAS ORGANIZED FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, AND TO CARRY OUT THE PURPOSE OF, THE VIRGINIA YOUTH SOCCER ASSOCIATION, INC. A 501(C)(3) CHARITABLE ORGANIZATION DEVOTED TO PROMOTING YOUTH SOCCER IN THE COMMONWEALTH OF VIRGINIA AND THE DISTRICT OF COLUMBIA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORTING THE VIRGINIA YOUTH SOCCER ASSOCIATION, INC., A 501(C)(3) CHARITABLE ORGANIZATION, BY PROVIDING THE LAND, TO PROMOTING YOUTH SOCCER IN THE COMMONWEALTH OF VIRGINIA AND THE DISTRICT OF COLUMBIA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Maynes Director/president | OfficerTrustee | 2 | $0 |
Tom Lewis Treasurer | OfficerTrustee | 2 | $0 |
Anne Thompson Director/vice President | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $178,531 |
| 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 | $178,531 |
| Total Program Service Revenue | $430,730 |
| Investment income | $156 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $4,409 |
| 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 | $617,000 |
| 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 | $159,666 |
| Pension plan accruals and contributions | $2,741 |
| Other employee benefits | $12,115 |
| Payroll taxes | $11,865 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,714 |
| Advertising and promotion | $0 |
| Office expenses | $14,410 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $12,170 |
| Travel | $1,571 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $254,928 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $604,073 |
| Insurance | $18,697 |
| All other expenses | $18,207 |
| Total functional expenses | $1,285,114 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $530,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $3,208 |
| Net Land, buildings, and equipment | $5,799,454 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $6,332,662 |
| Accounts payable and accrued expenses | $4,063 |
| Grants payable | $0 |
| Deferred revenue | $349,064 |
| 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 | $5,219,722 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $5,572,849 |
| Net assets without donor restrictions | -$1,380,187 |
| Net assets with donor restrictions | $2,140,000 |
| 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 | $6,332,662 |
Endowment Analysis
| Beg. Balance | $2,140,000 |
| Ending Balance | $2,140,000 |
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