Amateur Athletic Union Of The United States Inc, operating under the name Fury Volleyball Club, is located in Canton, GA. The organization was established in 2005. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Fury Volleyball Club 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 08/2023, Fury Volleyball Club generated $793.9k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 34.8% each year . All expenses for the organization totaled $807.2k during the year ending 08/2023. While expenses have increased by 43.8% per year over the past 4 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
AMATEUR VOLLEYBALL CLUB DEDICATED TO THE PHYSICAL MENTAL AND MORAL DEVELOPMENT OF AMATEUR ATHLETES AND TO PROMOTE GOOD SPORTSMANSHIP AND GOOD CITIZENSHIP
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE FIELDED 10 CLUB-LEVEL VOLLEYBALL TEAMS AND AVERAGED ROUGHLY 35 PLAYERS IN OUR IN-HOUSE YOUTH VOLLEYBALL LEAGUE. THESE YOUTH ATHLETES UNDERWENT UNPRECEDENTED POSITIVE CHANGES AND EXPERIENCES WITHIN OUR FACILITY
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Erik Welker President Treasurer Secretary | Officer | 85 | $103,694 |
Jessica Welker Vice President | Officer | 25 | $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 | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $743,769 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $50,093 |
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 | $793,862 |
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 | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $185,500 |
Advertising and promotion | $5,090 |
Office expenses | $3,110 |
Information technology | $8,699 |
Royalties | $0 |
Occupancy | $221,751 |
Travel | $53,382 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $1,913 |
Interest | $578 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $1,480 |
Insurance | $1,800 |
All other expenses | $144,427 |
Total functional expenses | $807,169 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $8,940 |
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 | $148,800 |
Total assets | $157,740 |
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 | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $157,740 |
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 | $157,740 |