Vegas Valley Baseball Inc
- Assets
- $111.2k
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 0
- Location
- Henderson, NV
- Founding
- 05/2014
- Data as of
- 12/2022
- EIN
- 45-5638915
Organization Overview
Vegas Valley Baseball Inc is located in Henderson, NV. The organization was established in 2014. According to its NTEE Classification (N63) the organization is classified as: Baseball & Softball, 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. Vegas Valley Baseball 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 12/2022, Vegas Valley Baseball Inc generated $1.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.9% each year. All expenses for the organization totaled $1.4m during the year ending 12/2022. While expenses have increased by 1.3% per year over the past 7 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
TOURNAMENT EXPENSES: THE DIRECT EXPENSES ASSOCIATED WITH "TOURNAMENT" ACTIVITIES CONSIST OF COSTS TO PROVIDE BASEBALL FIELDS IN THE GREATER LAS VEGAS VALLEY; UMPIRE FEES; BASEBALL EQUIPMENT; AND AWARDS TO THE PARTICIPANTS IN THE BASEBALL TOURNAMENTS PLANNED AND MONITORED BY VEGAS VALLEY BASEBALL, INC.DURING THE PERIOD JANUARY 1 THROUGH DECEMBER 31, 2021, THERE WERE APPROXIMATELY 10,492 YOUTHS BETWEEN THE AGES OF SIX TO EIGHTEEN WHO PARTICIPATED IN THE TOURNAMENT ACTIVITIES PROVIDED BY VEGAS VALLEY BASEBALL, INC.THE PARTICIPANTS WERE FROM VARIOUS PARTS OF THE UNITED STATES (INCLUDING THE LAS VEGAS AREA) THAT TRAVELED TO LAS VEGAS TO BE PART OF THE TOURNAMENT EXPERIENCE.AS A RESULT OF THE GLOBAL PANDEMIC DURING 2020 AND 2021, THE NUMBER OF PARTICIPANTS HAS BEEN GREATLY REDUCED FROM THAT OF YEARS PRIOR TO THE PANDEMIC.
LEAGUE EXPENSES: THE DIRECT EXPENSES ASSOCIATED WITH "LEAGUE" ACTIVITIES CONSIST OF UMPIRE FEES; UNIFORMS; USE OF BASEBALL FIELDS; BASEBALL EQUIPMENT; FIELD MONITORING; AND AWARDS TO PARTICIPANTS IN LOCAL YOUTH BASEBALL LEAGUES.TRAINING IS PROVIDED FOR YOUTH BASEBALL PLAYERS AND UMPIRES FROM AGES SIX TO EIGHTEEN AND VARIOUS SKILL CLINICS ARE HELD DURING THE YEAR TO INCREASE THEIR ABILITIY AND KNOWLEDGE IN THE GAME OF BASEBALL.DURING THE PERIOD JANUARY 1 THROUGH DECEMBER 31, 2021, THERE WERE APPROXIMATELY 1,164 CHILDREN WHO PARTICIPATED IN INSTRUCTIONAL LEAGUES/TEAMS AND USSSA TEAMS WHO COMPETED IN LOCAL BASEBALL ACTIVITES IN THE LAS VEGAS VALLEY WHERE VEGAS VALLEY BASEBALL, INC. PROVIDED THE IMPIRES AND SUPERVISION REQUIRED TO MAKE LOCAL YOUTH BASEBALL A SAFE AND ENJOABLE EXPERIENCE FOR PARTICIPATING YOUTH.AS A RESULT OF THE GLOBAL PANDEMIC DURING 2020 AND 2021, THE NUMBER OF PARTICIPANTS HAS BEEN GREATLY REDUCED FROM THAT OF YEARS PRIOR TO THE PANDEMIC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Pashales IV Director | 5 | $0 | |
John Pashales III President | 20 | $0 | |
Julie Grenier Director | 15 | $0 | |
Dave Ruegge Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,512,173 |
| Total Revenue | $1,512,173 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $24,631 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $419,679 |
| Travel, conferences, and meetings | $32,840 |
| Printing and publications | $0 |
| Other expenses | $788,223 |
| Total operating and administrative expenses | $1,436,647 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $1,436,647 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $93,585 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $17,622 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $111,207 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $30,000 |
| Mortgages and other notes payable | $135,400 |
| Other liabilities | $0 |
| Total liabilities | $165,400 |