Riptide Volleyball Inc
- Assets
- $19.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Post Falls, ID
- Founding
- Data as of
- 12/2023
- EIN
- 87-2404552
Organization Overview
Riptide Volleyball Inc is located in Post Falls, ID. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, 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. Riptide Volleyball 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 12/2023, Riptide Volleyball Inc generated $199.4k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 17.9% each year . All expenses for the organization totaled $198.0k during the year ending 12/2023. While expenses have increased by 20.7% per year over the past 2 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
2023
Describe the Organization's Program Activity:
Part 3
FOR THE 2022 YEAR, RIPTIDE VOLLEYBALL HAS SERVED APPROXIMATELY 80 YOUTH IN THE AREA OF COMPETITIVE VOLLEYBALL. THIS WAS DONE FROM JANUARY 1ST-DECEMBER 31ST, WITH PERIODIC TIMES OFF FOR SCHOOL BREAKS AND SUMMER ACTIVITIES. THROUGH THE YEAR, THERE HAVE BEEN A TOTAL OF 11 YOUTH TEAMS THAT HAVE COMPETED IN THE LOCAL REGION AND THROUGHOUT THE UNITED STATES AT ONE TIME OR ANOTHER. GOALS FOR 2022 FOR RIPTIDE VOLLEYBALL WERE TO CONTINUE SERVING LOCAL YOUTH THROUGH COMPETITIVE VOLLEYBALL AND QUALITY COACHING. WE ATTEMPTED TO INCLUDE MORE ATHLETES FROM THE IMMEDIATE TOWN OF POST FALLS IN ORDER TO CONTRIBUTE TO THE HIGH SCHOOL PROGRAM MORE EFFECTIVELY. OUR GOAL FOR 2022 WAS ALSO TO FIND RECURRING SPONSORSHIPS WITHIN THE COMMUNITY AND TO PROVIDE MORE QUALITY COACHES. LONG TERM, WE PLAN TO GROW THE PROGRAM AS WELL AS GROW OUR SCHOLARSHIP PROGRAM SO THAT WE CAN PROVIDE OPPORTUNITIES TO THOSE THAT WOULD OTHERWISE BE UNABLE TO PARTICIPATE IN COMPETITIVE VOLLEYBALL. WE PLAN TO DO THIS THROUGH SPONSORSHIPS AND DONORS. SOMEDAY, IF POSSIBLE, WE HOPE TO BUILD A FACILITY OF OUR OWN SO THAT WE CAN SERVE MORE YOUTH IN THE AREA AND FIND OTHER WAYS TO PARTNER WITH THE COMMUNITY. UNTIL THEN, WE WILL UTILIZE A PARTNERSHIP WITH THE LOCAL SCHOOL DISTRICT.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Erica Carr Director | 35 | $5,500 | |
Alex Carr Director | 10 | $0 | |
David Evans Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,150 |
| Total Program Service Revenue | $0 |
| Membership dues | $195,239 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $199,389 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $8,880 |
| Salaries, other compensation, and employee benefits | $5,500 |
| Professional fees and other payments to independent contractors | $57,920 |
| Occupancy, rent, utilities, and maintenance | $10,541 |
| Printing, publications, postage, and shipping | $3,593 |
| Other expenses | $107,418 |
| Total expenses | $198,002 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $14,948 |
| Other assets | $0 |
| Total assets | $19,948 |
| Total liabilities | $0 |
| Net assets or fund balances | $19,948 |