Nebraska Elite Volleyball is located in Omaha, NE. The organization was established in 2001. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, under the broad grouping of Recreation & Sports and related organizations. As of 08/2022, Nebraska Elite Volleyball employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nebraska Elite Volleyball 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, Nebraska Elite Volleyball generated $2.0m in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 40.1% each year . All expenses for the organization totaled $1.7m during the year ending 08/2022. While expenses have increased by 29.7% per year over the past 2 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
YOUTH VOLLEYBALL CLUB THAT COACHES AND TRAINS 1119 YEAR OLDS TO COMPETE LOCALLY AND NATIONALLY IN HIGH LEVEL VOLLEYBALL TOURNAMENTS
Describe the Organization's Program Activity:
Part 3 - Line 4a
THIS CLUB COACHES AND TRAINS YOUTH VOLLEYBALL PLAYEWRS TO OBTAIN A HIGH LEVEL OF SKILL AND EXPERIENCE. MANY OF THE PLAYERS OBTAIN COLLEGE SHOLARSHIPS AND MANY HAVE THE GOAL OF PLAYING ON THE US NATIONAL TEAMS. A FEW HAVE OBTAINED THIS GOAL. THE CLUB'S TEAMS PLAY IN LOCAL, REGIONAL, AND NATIONAL TOURNAMENTS.
THIS CLUB HOSTS A NATIONAL TOURNAMENT EACH YEAR WHICH ATTRACTS HIGH LEVEL VOLLEYBALL TEAMS FROM ACROSS THE COUNTRY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Anthony Carrow Director President | OfficerTrustee | $213,413 | |
Andrew Wehrli Board Member | Trustee | $60,574 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $131,173 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $131,173 |
Total Program Service Revenue | $1,839,280 |
Investment income | $331 |
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 | $3,039 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,973,823 |
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. | $206,982 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $62,410 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $19,884 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $13,045 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $437,621 |
Advertising and promotion | $20,790 |
Office expenses | $20,906 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $287,600 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $5,972 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $16,103 |
Insurance | $928 |
All other expenses | $98,271 |
Total functional expenses | $1,730,917 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $501,969 |
Savings and temporary cash investments | $114,566 |
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 | $143,556 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $1,404 |
Net Land, buildings, and equipment | $81,131 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $842,626 |
Accounts payable and accrued expenses | $29,206 |
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 | $5,206 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $5,365 |
Total liabilities | $39,777 |
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 | $802,849 |
Total liabilities and net assets/fund balances | $842,626 |