Viking Invitational Foundation
- Assets
- $31.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- Data as of
- 01/2024
- EIN
- 86-3530821
Organization Overview
Viking Invitational Foundation is located in Wilmington, DE. According to its NTEE Classification (N62) the organization is classified as: Basketball, 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. Viking Invitational Foundation 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 01/2024, Viking Invitational Foundation generated $35.7k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 0.2% each year. All expenses for the organization totaled $26.1k during the year ending 01/2024. While expenses have increased by 0.4% per year over the past 3 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3
THIS EVENT WILL HELP TO SUPPORT CHARITIES IN THE COMMUNITY, IN PARTICULAR THE LEUKEMIA RESEARCH FOUNDATION OF DELAWARE TO PROVIDE DELAWARE BOYS AND GIRLS HIGH SCHOOL BASKETBALL TEAMS A TRULY GREAT EXPERIENCE BY BRINGING IN HIGHLY COMPETITIVE BASKETBALL TEAMS FOR TOURNAMENT PLAY, BUT ALSO PRIVDING THE OPPORTUNITY BY WORKING OT GIVE BACK TO THE COMMUNITY WE SERVE TO GIVE THESE PLAYERS A LIFE CHANGING EXPERIENCE BY WORKING WITH THE CHARITIES WE SUPPORT TO PROVIDE SCHOLARSHIP ASSISTANCE TO SCHOOLS IN DELAWARE TO HELP FACILITATE HIGHER EDUCATION OPPORTUNITIES FOR STUDENT ATHLETES TO ASSIST WITH FEEDING THE POOR WITH OUR ANNUAL FOOD DRIVE TO HIGHLIGHT DELAWARE TO ALL VISITORS IN THE EVENT
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joseph Papili Treasurer | 5 | $0 | |
Caitlin Papili President | 5 | $0 | |
Mary Ann Papili Secretary | 5 | $0 | |
John Gretchen Vice Preside | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $18,600 |
| Total Program Service Revenue | $17,071 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $35,671 |
| 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 | $475 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $13,644 |
| Total expenses | $26,119 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $31,451 |
| Other assets | $0 |
| Total assets | $31,451 |
| Total liabilities | $0 |
| Net assets or fund balances | $31,451 |