Virginia Polo Team Inc is located in Charlottesville, VA. The organization was established in 1991. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, 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. Virginia Polo Team 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, Virginia Polo Team Inc generated $103.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.4% each year. All expenses for the organization totaled $102.0k during the year ending 12/2021. While expenses have increased by 2.6% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
INTERCOLLEGIATE POLO PROGRAM AT THE UNIVERSITY OF VIRGINIA BENEFITS PARTICIPATING STUDENTS, UNIVERSITY COMMUNITY AND GENERAL PUBLIC.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Karen Manning President | 1 | $0 | |
Strother Scott Jr Treasurer | 1 | $0 | |
John F Flournoy Jr Director | 1 | $0 | |
Nicholas Barry Director | 1 | $0 | |
Aleco Bravo Director | 1 | $0 | |
Kris Wooten Chairman | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $37,471 |
Membership dues | $65,500 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $102,971 |
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 | $0 |
Occupancy, rent, utilities, and maintenance | $90,000 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $12,020 |
Total expenses | $102,020 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $2,350 |
Other assets | $0 |
Total assets | $2,350 |
Total liabilities | $0 |
Net assets or fund balances | $2,350 |
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