American Volkssport Association Inc
- Assets
- $643.0k
- Revenue
- $607.6k
- Investments
- $180.4k
- Employees
- 6
- Location
- San Antonio, TX
- Founding
- 10/1987
- Data as of
- 12/2021
- EIN
- 74-2164037
Organization Overview
American Volkssport Association Inc is located in San Antonio, TX. The organization was established in 1987. According to its NTEE Classification (N67) the organization is classified as: Swimming & Other Water Recreation, under the broad grouping of Recreation & Sports and related organizations. As of 12/2021, American Volkssport Association Inc employed 6 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. American Volkssport Association 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, American Volkssport Association Inc generated $607.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.5% each year. All expenses for the organization totaled $609.6k during the year ending 12/2021. While expenses have increased by 1.9% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ASSOCIATION IS COMMITTED TO THE PROMOTION OF PUBLIC HEALTH, PHYSICAL FITNESS, AND THE WELL-BEING OF THE PEOPLE OF THE UNITED STATES. THEY ORGANIZE, PROMOTE AND CONDUCT SCHEDULED PROGRAMS THAT ARE NONCOMPETITIVE, FAMILY ORIENTED AND PARTICIPATORY LIFETIME SPORTS, INCLUDING, BUT NOT LIMITED TO WALKING, BICYCLING, SWIMMING, CROSS-COUNTRY SKIING AND SUCH OTHER EVENTS AS MAY BE SANCTIONED BY THE INTERNATIONAL FEDERATION OF POPULAR SPORTS AND THE AMERICAN VOLKKSPORT ASSOCIATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PARTICIPATION SPONSORSHIP - AFTER EVENT COMPLETION, SPONSOR CLUBS COMPUTE AND SEND FEE BASED ON THE NUMBER OF PARTICIPANTS TO THE NATIONAL OFFICE WHO COORDINATES, PUBLICIZES AND INSURES THE EVENTS.
ANCILLIARY SERVICES - PROMOTE AND ORGANIZE NONCOMPETITIVE FITNESS ACTIVITIES THAT ENCOURAGE LIFELONG FUN, FITNESS AND FRIENDSHIP FOR ALL AGES AND ABILITIES.
CONVENTION - 21ST BIENNIAL CONVENTION HELD IN MADISON WISCONSIN. THE CONVENTION INCLUDED WALKS, MUSIC, FOOD, INFORMATIVE WORKSHOPS AND NONCONTROVERSIAL MEETINGS WITH THE KEYNOTE SPEAKERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Henry Rosales CEO | Officer | 40 | $76,313 |
Mary E Grosso Finance Dire | Officer | 40 | $52,099 |
Susan Medlin Vice Chair | OfficerTrustee | 30 | $0 |
Cecilia Miner Secretary | OfficerTrustee | 30 | $0 |
Ed Mccabe Finance Chai | OfficerTrustee | 30 | $0 |
Nancy Wittenberg Chair | OfficerTrustee | 30 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $50,700 |
| All other contributions, gifts, grants, and similar amounts not included above | $135,969 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $186,669 |
| Total Program Service Revenue | $393,026 |
| Investment income | $3,715 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,478 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $19,472 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $607,560 |
| 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. | $132,855 |
| Compensation of current officers, directors, key employees. | $29,263 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $93,203 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $35,251 |
| Payroll taxes | $18,113 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $890 |
| Fees for services: Accounting | $3,600 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $4,635 |
| Advertising and promotion | $33,845 |
| Office expenses | $11,296 |
| Information technology | $2,812 |
| Royalties | $0 |
| Occupancy | $61,464 |
| Travel | $17,367 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $990 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,996 |
| Insurance | $21,476 |
| All other expenses | $2,111 |
| Total functional expenses | $609,616 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $62,038 |
| Savings and temporary cash investments | $328,983 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $38,354 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $7,658 |
| Prepaid expenses and deferred charges | $18,489 |
| Net Land, buildings, and equipment | $3,634 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $180,374 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,500 |
| Total assets | $643,030 |
| Accounts payable and accrued expenses | $33,481 |
| Grants payable | $0 |
| Deferred revenue | $70,825 |
| 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 | $0 |
| Total liabilities | $104,306 |
| Net assets without donor restrictions | $538,724 |
| 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 | $643,030 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that American Volkssport Association Inc has recieved totaling $361.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $361 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sea Star Base Galveston Galveston, TX | $52,632,706 | $20,281,003 |
Elkins Lake Recreation Corporation Huntsville, TX | $9,584,590 | $4,419,021 |
City Of Midland Aquatics Inc Midland, TX | $15,063,835 | $4,415,991 |
Lakeside Aquatic Club Flower Mound, TX | $1,073,156 | $2,759,695 |
Dads Club Swim Team Inc Houston, TX | $8,890,317 | $2,500,934 |
First Colony Swim Team Inc Missouri City, TX | $836,343 | $2,162,266 |
Courtney S Turner Charitable Trust Boatmens First Natl Bk Of Kc Ttee Dallas, TX | $21,330,664 | $1,286,547 |
Laser Class Association Inc Austin, TX | $1,155,017 | $1,842,561 |
Katy Aquatic Team For Youth Inc Katy, TX | $1,965,760 | $1,613,790 |
Austin Rowing Club Austin, TX | $793,099 | $1,451,124 |
Metroplex Aquatics Allen, TX | $207,807 | $1,113,321 |
City Of Plano Swimmers Inc Plano, TX | $1,713,838 | $1,678,096 |