Valley Groove Productions Inc
- Assets
- $18.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Wheeling, WV
- Founding
- 10/2014
- Data as of
- 12/2021
- EIN
- 46-4844711
Organization Overview
Valley Groove Productions Inc is located in Wheeling, WV. The organization was established in 2014. According to its NTEE Classification (T70) the organization is classified as: Federated Giving Programs, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Valley Groove Productions 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, Valley Groove Productions Inc generated $41.3k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 14.1% each year . All expenses for the organization totaled $33.7k during the year ending 12/2021. While expenses have increased by 16.8% per year over the past 6 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
TO PROMOTE WEST VIRGINIA'S UNIQUE AND GROWING INDUSTRY OF CRAFT AND MICROBREWERIES; TO PROVIDE THE PUBLIC AN OPPORTUNITY TO LEARN ABOUT WEST VIRGINIA'S CRAFT AND MICROBREWERERS AND THEIR PRODUCTS; TO CREATE A VENUE FOR WV'S CRAFT AND MICROBREWERS TO PROMOTE THEIR PRODUCTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeffrey Hayes President | 8 | $0 | |
Michael Costanzo Treasurer | 1 | $0 | |
Adam Brothers Director | 1 | $0 | |
Jeffrey Yourkovich Secretary | 1 | $0 | |
Mike Siebieda Vice President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $46,250 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$4,966 |
| Other Revenue | $0 |
| Total Revenue | $41,284 |
| 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 | $500 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $33,225 |
| Total expenses | $33,725 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $18,452 |
| Other assets | $0 |
| Total assets | $18,452 |
| Total liabilities | $0 |
| Net assets or fund balances | $18,452 |
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