The information for Virginia Independent Schools Athletic Association is as of the organization's most recent filing in June 2020. This organization is located in Midlothian, VA. It has been in existence for 14 years, following its founding in 2006.
The IRS classifies organizations according to the National Taxonomy of Exempt Entities (NTEE) system. The NTEE system helps the IRS assign a 3-character code to each organization to describe the organization's activities.
The Virginia Independent Schools Athletic Association's NTEE code is N60. The "N" tells us that the organization is classified along with Recreation & Sports. The "60" tells us that the organization is an Amateur Sports organization. The NTEE describes Amateur Sports organizations as those that provide opportunities for people of all ages to learn and become competitive in recreational activities. These programs may provide coaching assistance, access to equipment and facilities, and sponsor athletes to participate in amateur competitions.
Every organization is also governed by a specific section of the Internal Revenue Code. The most common type is a 501(c)(3) organization. However, there are actually 29 different types of organizations that are identified by the Internal Revenue Code. This organization happens to be a 501(c)(3) organization. The IRS describes these organizations as those engaged in Religious, Educational, Charitable, Scientific, Literary, Public Safety, Amateur Sports, or Prevention of Cruelty to Children or Animals work.
The mission of the Virginia Independent Schools Athletic Association is to provide accredited member schools with the resources and competitive environment in education-based programs that establish a foundation for excellence based in integrity, sportsmanship, and leadership.
Program Area 1: The members of the Association are private/independent high schools in Virginia. It coordinates, sanctions, governs, and conducts leagues and state playoffs for a variety of boys and girls high school interscholastic athletics, such as baseball, basketball, cross-country, field hockey, golf, football, lacrosse, soccer, softball, swimming/diving, tennis, track, volleyball, and wrestling.
Program Area 2: The members of this association are private/independent high schools in Virginia and it is responsible for coordinating, sanctioning, governing, and conducting leagues and state playoffs for various sports, including baseball, basketball, cross-country, field hockey, golf, football, lacrosse, soccer, softball, swimming/diving, tennis, track, volleyball, and wrestling.
Virginia Independent Schools Athletic Association is run by Dick Kemper, who is the Executive Director. The organization has 4 employees, none of whom are paid more than $100k per year (according to the organization's most recent 990 tax filing). Supporting the paid staff are more than 200,300 volunteers.
The Virginia Independent Schools Athletic Association (VISAA) is well-governed, with 17 voting members and 12 independent members. Potential conflicts of interest are not an issue, and the organization has not delegated management to an outside firm. Board meetings are documented, as are committee meetings, and the organization has a conflict of interest policy in place which requires disclosure of conflicts. Unfortunately, the organization does not have a written whistleblower policy, a document retention policy, or a substantiation and review process for leadership and officer salaries. Additionally, the organization does not provide copies of the 990 to the board prior to filing. Despite these issues, the VISAA is still well-governed and is a reliable source for athletic events and tournaments.
Overall, the Virginia Independent Schools Athletic Association has not grown over the given time period. Contributions & Grants Received, Program Service Revenue, Investment Income, and Total Revenue all decreased from 2016 to 2019, while Employee Salaries increased. Total Expenses decreased, however Total Employees and Total Volunteers remained the same.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Dick Kemper Executive Di | Officer | 40 | $35,000 |
Donna Satterwhite Direct Of Sp | Officer | 10 | $12,500 |
Bob Miller Assist Ex Di | Officer | 10 | $11,000 |
Aaron Gregory Website Coor | Trustee | 2 | $2,500 |
Stephanie Koroma Secretary | OfficerTrustee | 4 | $0 |
Tom Burkett Executive Ch | OfficerTrustee | 4 | $0 |
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 | $17,350 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $17,350 |
Total Program Service Revenue | $159,684 |
Investment income | $11,014 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $7,402 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $195,450 |
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. | $61,000 |
Compensation of current officers, directors, key employees. | $12,200 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $4,692 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $8,500 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $2,799 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $13,526 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $771 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $2,123 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $15,828 |
All other expenses | $48,189 |
Total functional expenses | $157,428 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $208,954 |
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 | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $409,708 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $618,662 |
Accounts payable and accrued expenses | $0 |
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 | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $13,063 |
Total liabilities | $13,063 |
Net assets without donor restrictions | $605,599 |
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 | $618,662 |
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