Youth Foundation Service Club Of Virginia Beach Inc
- Assets
- $8.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Virginia Beach, VA
- Founding
- 09/2004
- Data as of
- 06/2021
- EIN
- 43-2020664
Organization Overview
Youth Foundation Service Club Of Virginia Beach Inc is located in Virginia Beach, VA. The organization was established in 2004. According to its NTEE Classification (O19) the organization is classified as: Support N.E.C., under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Youth Foundation Service Club Of Virginia Beach Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 06/2021, Youth Foundation Service Club Of Virginia Beach Inc generated $9.9k 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 (19.1%) each year. All expenses for the organization totaled $22.8k during the year ending 06/2021. 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
2021
Describe the Organization's Program Activity:
Part 3
MEETING AND PLANNING EXPENSES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rick Heath Foundation Trea | 0 | $0 | |
Dave Nickles President | 20 | $0 | |
Bobby Reckling Board Member | 0 | $0 | |
Curt Smith Clubtreasurer | 0.5 | $0 | |
Mark Nehlen Board Member | 0 | $0 | |
Aaron Peckman Past President | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $9,922 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $9,922 |
| 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 | $640 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $22,133 |
| Total expenses | $22,773 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $8,371 |
| Other assets | $0 |
| Total assets | $8,371 |
| Total liabilities | $0 |
| Net assets or fund balances | $8,371 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mobile Hope Association Leesburg, VA | $545,503 | $1,534,119 |
Virginia Home For Boys And Girls Foundation Henrico, VA | $29,673,259 | $1,568,786 |
National Youth Employment Coalition Inc Washington, DC | $973,264 | $862,322 |
Liberty Counseling Williamson, WV | $32,389 | $0 |
Ellis Cross-Country Fire Department Inc Salisbury, NC | $667,681 | $171,172 |
Evolve Inc Crownsville, MD | $67,430 | $0 |
Sustainable Technology Through Education And Ministry Spring Hill, TN | $99,321 | $0 |
Youth Foundation Service Club Of Virginia Beach Inc Virginia Beach, VA | $8,371 | $0 |
Camp Crestridge Alumni & Friends Inc Moyock, NC | $412,858 | $0 |