Velos Organization Inc
- Assets
- $45.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Simpsonville, SC
- Founding
- Data as of
- 12/2021
- EIN
- 85-1204073
Organization Overview
Velos Organization Inc is located in Simpsonville, SC. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Velos Organization 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, Velos Organization Inc generated $123.7k in total revenue. All expenses for the organization totaled $98.7k during the year ending 12/2021.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Colleen A Pusateri President | 7 | $0 | |
Patrick A Pusateri Vice-President | 7 | $0 | |
Cole A Pusateri Treasurer | 7 | $0 | |
Anita J Zimmerman Secretary | 7 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,907 |
| Total Program Service Revenue | $122,600 |
| Membership dues | $0 |
| Investment income | $29 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$828 |
| Other Revenue | $0 |
| Total Revenue | $123,708 |
| 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 | $43,462 |
| Occupancy, rent, utilities, and maintenance | $4,456 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $50,533 |
| Total expenses | $98,701 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $45,910 |
| Other assets | $0 |
| Total assets | $45,910 |
| Total liabilities | $0 |
| Net assets or fund balances | $45,910 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Velos Organization Inc has recieved totaling $1,100.
| Awarding Organization | Amount |
|---|---|
The Duke Energy Foundation Charlotte, NC PURPOSE: MATCHING GIFTS | $1,100 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Honorary Beta Club Spartanburg, SC | $16,976,895 | $7,178,910 |
Girls On The Run International Charlotte, NC | $10,723,648 | $6,480,865 |
Corners Outreach Inc Peachtree Corners, GA | $1,471,202 | $3,739,961 |
Horizons Atlanta Inc Atlanta, GA | $3,035,876 | $3,541,460 |
Durham Childrens Initiative Durham, NC | $2,025,864 | $2,503,533 |
Camp Kudzu Inc Atlanta, GA | $2,213,204 | $2,347,555 |
Childrens Cancer Partners Of The Carolinas Inc Spartanburg, SC | $2,472,941 | $2,689,678 |
Urbanpromise Charlotte Charlotte, NC | $1,805,956 | $3,303,316 |
Future Foundation Inc Atlanta, GA | $453,569 | $1,952,212 |
Freedom School Partners Inc Charlotte, NC | $1,495,345 | $2,060,440 |
Voices Together Chapel Hill, NC | $455,183 | $1,552,596 |
Carolina Youth Soccer Assn Inc Chapel Hill, NC | $1,667,597 | $2,026,034 |