Virginia Valor Fc Llc is located in Chantilly, VA. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. As of 06/2023, Virginia Valor Fc Llc employed 57 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Virginia Valor Fc Llc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO ENCOURAGE, INSPIRE AND ENPOWER EACH PLAYER AND COACH TO BE ABLE TO REACH THE HIGHEST LEVEL POSSIBLE WITHIN THE GAME AND THEIR LIVES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE AMATEUR SOCCER COMPETITIONS, AS WELL AS FOR CONTINUED INSTRUCTION AND SKILLS TRAINING, FOR YOUTH AGED 4-18 IN THE COMMUNITY OF CHANTILLY, VIRGINIA.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Chris Saben President | OfficerTrustee | 1 | $0 |
Jeff Stein Vice President | OfficerTrustee | 1 | $0 |
Lee Cooper Secretary | OfficerTrustee | 1 | $0 |
Bryan Hunt Treasurer | OfficerTrustee | 1 | $0 |
Mark Abbott Director | Trustee | 5 | $0 |
Gary Flather Director | Trustee | 5 | $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 | $26,578 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $26,578 |
Total Program Service Revenue | $2,504,065 |
Investment income | $15 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $2,809 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $2,543,650 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $97,810 |
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 | $1,277,145 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $2,985 |
Payroll taxes | $126,244 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $8,000 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $10,339 |
Office expenses | $25,962 |
Information technology | $715 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $1,035 |
All other expenses | $149,275 |
Total functional expenses | $2,535,004 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,128,518 |
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 | $3,558 |
Total assets | $1,132,076 |
Accounts payable and accrued expenses | $25,226 |
Grants payable | $0 |
Deferred revenue | $904,266 |
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 | $141,196 |
Total liabilities | $1,070,688 |
Net assets without donor restrictions | $61,388 |
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 | $1,132,076 |