New York Elite Volleyball
- Assets
- $63.5k
- Revenue
- $526.1k
- Investments
- $0.0
- Employees
- 39
- Location
- Poughkeepsie, NY
- Founding
- 06/2017
- Data as of
- 08/2024
- EIN
- 81-3684140
Organization Overview
New York Elite Volleyball is located in Poughkeepsie, NY. The organization was established in 2017. 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 08/2024, New York Elite Volleyball employed 39 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New York 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 08/2024, New York Elite Volleyball generated $526.1k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 20.1% each year . All expenses for the organization totaled $489.7k during the year ending 08/2024. While expenses have increased by 20.4% per year over the past 8 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
ORGANIZATION DEDICATED TO THE DEVELOPMENT AND TRAINING OF JUNIOR OLYMPIC ATHLETES. NEW YORK ELITE VOLLEYBALL INC ENDEAVORS TO TRAIN AND DEVELOP ATHLETES IN VOLLEYBALL SKILLS; PROMOTE SPORTSMANSHIP; INSPIRE RESPECT FOR THE RULES OF THE GAME.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NEW YORK ELITE VOLLEYBALL INC. ENDEAVORS TO TRAIN AND DEVELOP ATHLETES IN VOLLEYBALL SKILLS; PROMOTE SPORTSMANSHIP, INSPIRE RESPECT FOR THE RULES OF THE GAME; ENGENDER FRIENDSHIP IN COMPETITIVE ENVIRONMENT. THIS IS ACCOMPLISHED BY DEVELOPING YOUTH TO PARTICIPATE IN TOURNAMENTS WITH TEAMS FROM THE LOCAL REGION, AS WELL AS OTHER STATES AND AREAS. THESE ACTIVITIES ARE CURRENTLY FUNDED THROUGH PARTICIPANT FEES FROM THE GENERAL PUBLIC AND WILL BE FUNDED IN THE FUTURE THROUGH GRANTS AND DONATIONS FROM THE GENERAL PUBLIC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stefanie Carrington Co-President | Officer | 0 | $0 |
Dean Lombardo Co-President | Officer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $526,052 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $526,052 |
| Total Program Service Revenue | $0 |
| 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 | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $526,052 |
| 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. | $57,075 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $117,722 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $16,708 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,818 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $84 |
| Office expenses | $1,502 |
| Information technology | $2,258 |
| Royalties | $0 |
| Occupancy | $114,383 |
| Travel | $39,153 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,701 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,194 |
| All other expenses | $11,992 |
| Total functional expenses | $489,720 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $63,516 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $63,516 |
| 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 | $3,185 |
| Total liabilities | $3,185 |
| Net assets without donor restrictions | $60,331 |
| 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 | $63,516 |