Central Virginia United Soccer Inc
- Assets
- $1.1m
- Revenue
- $338.0k
- Investments
- $0.0
- Employees
- 3
- Location
- Lynchburg, VA
- Founding
- 09/1988
- Data as of
- 06/2021
- EIN
- 54-1447509
Organization Overview
Central Virginia United Soccer Inc is located in Lynchburg, VA. The organization was established in 1988. 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 06/2021, Central Virginia United Soccer Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Central Virginia United Soccer 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 06/2021, Central Virginia United Soccer Inc generated $338.0k 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 (5.9%) each year. All expenses for the organization totaled $333.6k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (5.9%) per year over the past 6 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
CVU FOSTERS THE PHYSICAL, MENTAL AND EMOTIONAL GROWTH AND DEVELOPMENT OF ALL PARTICIPANTS
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE OPPORTUNITY FOR YOUTH AGES 12-18 TO PLAY COMPETITIVE SOCCER AGAINST CLUBS FROM STATE AND REGION WITH COACHING PROVIDED BY EXPERIENCED CREDENTAILED INDIVIDUALS. THE TRAVEL PROGRAM SERVED APPROXIMATELY 600 BOYS AND GIRLS.
PROVIDE OPPORTUNITY FOR YOUTH AND ADULTS (ASGES 5 AND UP) TO PARTICIPATE IN SOCCER. THE CLUB ENDEAVORS TO BRING THE GAME OF SOCCER TO THE ENTIRE COMMUNITY BY OFFERING FEE STRUCTURES TO ENBALE ALL AREA RESIDENTS TO PLAY (SERVED APPROX 400 YOUTH)
MAINTENANCE AND DEVELOPEMNT OF SOCCER COMPLEX TO SUPPORT RECREATION AND TRAVEL SUMMER PROGRAMS AND TO SPONSOR TOURNAMENTS IN ORDER TO SUPPORT AND FURTHER THE MISSION OF THE ORGANIZATION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alan Biggio Past Preside | Officer | $0 | |
David Tolle President | Officer | $0 | |
Kim Bell Treasurer | Officer | $0 | |
Crystal Denovais Board Member | Trustee | $0 | |
Trish Gallagher Board Member | Trustee | $0 | |
Andy Flint Board Member | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $50,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $45,123 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $95,123 |
| Total Program Service Revenue | $240,655 |
| Investment income | $0 |
| 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 | $2,173 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $337,951 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $106,275 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $8,343 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,650 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $4,068 |
| Office expenses | $8,918 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $3,447 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $12,246 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $44,434 |
| Insurance | $4,782 |
| All other expenses | $36,739 |
| Total functional expenses | $333,574 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $111,381 |
| 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 | $5,194 |
| Net Land, buildings, and equipment | $973,207 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,089,782 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $52,575 |
| 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 | $321,046 |
| Unsecured mortgages and notes payable | $57,011 |
| Other liabilities | $1,491 |
| Total liabilities | $432,123 |
| Net assets without donor restrictions | $657,659 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $1,089,782 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Central Virginia United Soccer Inc has recieved totaling $27,628.
| Awarding Organization | Amount |
|---|---|
M4k Lynchburg Inc Lynchburg, VA PURPOSE: IMPROVE THE QUALITY OF LIFE FOR LOCAL CHILDREN | $22,200 |
Greater Lynchburg Community Foundation Lynchburg, VA PURPOSE: ANNUAL DONOR-DESIGNATED GRANT; GENERAL PROGRAM SUPPORT | $5,363 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $65 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Alpha Omicron Pi Fraternity Inc Brentwood, TN | $92,549,328 | $43,130,066 |
Delta Sigma Theta Sorority Inc Washington, DC | $59,604,954 | $43,935,038 |
Army Navy Country Club Arlington, VA | $99,356,910 | $42,965,360 |
Country Club Of Virginia Inc Richmond, VA | $91,534,297 | $40,685,067 |
Congressional Country Club Inc Bethesda, MD | $78,316,209 | $29,100,314 |
Chevy Chase Club Inc Chevy Chase, MD | $66,940,188 | $32,070,138 |
Carmel Country Club Inc Charlotte, NC | $56,143,554 | $23,347,186 |
Woodmont Country Club Rockville, MD | $56,166,542 | $22,075,767 |
Baltimore Country Club Of Baltimore City Baltimore, MD | $35,586,521 | $23,737,459 |
Farmington Country Club Inc Charlottesville, VA | $52,436,644 | $25,257,129 |
Columbia Country Club Chevy Chase, MD | $51,891,404 | $22,067,092 |
Washington Golf And Country Club Inc Arlington, VA | $48,455,931 | $21,067,505 |