Iowa Volleyball Association
- Assets
- $751.8k
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 5
- Location
- Clive, IA
- Founding
- 03/1984
- Data as of
- 08/2024
- EIN
- 42-1213148
Organization Overview
Iowa Volleyball Association is located in Clive, IA. The organization was established in 1984. According to its NTEE Classification (N40) the organization is classified as: Sports Associations & Training Facilities, under the broad grouping of Recreation & Sports and related organizations. As of 08/2024, Iowa Volleyball Association employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Iowa Volleyball Association 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 08/2024, Iowa Volleyball Association generated $1.2m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 12.3% each year . All expenses for the organization totaled $1.0m during the year ending 08/2024. While expenses have increased by 9.1% per year over the past 5 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE THE EDUCATION OF THE SPORT OF VOLLEYBALL THROUGH TOURNAMENTS AND CLINICS. ALSO TRAIN QUALIFIED OFFICIALS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
REFEREE AND SCOREKEEPER TRAINING; RULES REVIEW CLINICS; CONDUCT TOURNAMENTS FOR ALL AGES AND SKILL LEVELS.JUNIOR PROGRAM DEVELOPMENT; VOLLEYBALL SKILLS DEVELOPMENTSUPPORT FOR NATIONAL AND REGIONAL TOURNAMENTS AND EVENTS.FACILITIES RENTAL COMPRISES A SIGNIFICANT PORTION OF COSTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Melissa Kurth Director | Trustee | 1 | $0 |
Chris Mahi Director | Trustee | 1 | $0 |
Marty Smith Director | Trustee | 1 | $0 |
Brett Myres Commissioner Iowa Region | OfficerTrustee | 40 | $0 |
Scarlett Molina Director | Trustee | 1 | $0 |
William Morton Vice President | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $315,046 |
| 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 | $315,046 |
| Total Program Service Revenue | $848,865 |
| Investment income | $13,448 |
| 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 | $1,177,359 |
| 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. | $65,617 |
| Compensation of current officers, directors, key employees. | $43,963 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $177,209 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $23,978 |
| Payroll taxes | $17,871 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $610 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $7,489 |
| Office expenses | $8,960 |
| Information technology | $14,339 |
| Royalties | $0 |
| Occupancy | $23,022 |
| Travel | $159,647 |
| 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 | $1,692 |
| Insurance | $2,407 |
| All other expenses | $0 |
| Total functional expenses | $1,047,822 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $742,634 |
| 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 | $0 |
| Net Land, buildings, and equipment | $9,164 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $751,798 |
| Accounts payable and accrued expenses | $30,425 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Total liabilities | $30,425 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $721,373 |
| Total liabilities and net assets/fund balances | $751,798 |