Virginia Beach Volleyball Charities is located in Virginia Beach, VA. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Virginia Beach Volleyball Charities 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 12/2022, Virginia Beach Volleyball Charities generated $57.8k in total revenue. The organization has seen a slow decline revenue. Over the past 2 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $50.5k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
HOSTING VOLLEYBALL LEAGUES AND TOURNAMENTS DURING THE YEAR TO RAISE FUNDS TO ASSIST IN OTHER CHARITABLE CAUSES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Chris Johnson President | 0 | $0 | |
Susan Thornton Treasurer | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $34,704 |
Total Program Service Revenue | $23,065 |
Membership dues | $0 |
Investment income | $2 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $57,771 |
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 | $350 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $577 |
Other expenses | $49,560 |
Total expenses | $50,487 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $14,715 |
Other assets | $0 |
Total assets | $29,547 |
Total liabilities | $1,033 |
Net assets or fund balances | $28,514 |
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