Quick charity verification for Virginia Elite Volleyball Club Inc (EIN: 203370051)
Verdict: Virginia Elite Volleyball Club Inc appears trustworthy
92/100Mission Score
$1.3MRevenue
$295KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent revenue growth, nearly doubling from $533,383 in 2020 to $1,027,364 in 2024.
Strong financial stability with growing assets ($108,571 in 2020 to $212,212 in 2024) and low liabilities.
0% reported officer compensation across all filings, indicating high efficiency and dedication to mission.
Consistent operation with a modest surplus, contributing to asset growth.
Good transparency through regular IRS 990 filings.
Spending Breakdown
How Virginia Elite Volleyball Club Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Virginia Elite Volleyball Club Inc
Is Virginia Elite Volleyball Club Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Virginia Elite Volleyball Club Inc (EIN: 203370051) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
Is Virginia Elite Volleyball Club Inc a good charity to donate to?
Virginia Elite Volleyball Club Inc has a Mission Score of 92/100. Revenue: $1.3M. Assets: $295K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Virginia Elite Volleyball Club Inc?
The Employer Identification Number (EIN) for Virginia Elite Volleyball Club Inc is 203370051. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Virginia Elite Volleyball Club Inc spend its money?
Virginia Elite Volleyball Club Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Virginia Elite Volleyball Club Inc's tax-exempt status?
You can verify Virginia Elite Volleyball Club Inc's tax-exempt status using EIN 203370051 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Virginia Elite Volleyball Club Inc demonstrates consistent financial growth and appears to be a fiscally responsible organization. Over the past five years, its revenue has steadily increased from $533,383 in 2020 to $1,027,364 in 2024, indicating strong demand for its programs. The organization consistently operates with a modest surplus, as seen in the 2024 period where revenues of $1,027,364 exceeded expenses of $1,017,529, contributing to a healthy accumulation of assets, which grew from $108,571 in 2020 to $212,212 in 2024. This growth in assets, coupled with relatively low liabilities, suggests good financial management and stability.
The organization's spending efficiency is commendable, particularly given its consistent reporting of 0% officer compensation across all available filings. This indicates that the leadership is either entirely volunteer-based or compensated through other means not categorized as officer compensation, which is a strong positive for program-focused spending. While a detailed breakdown of program, administrative, and fundraising expenses isn't provided in the summary data, the absence of officer compensation suggests a high likelihood of efficient resource allocation towards its mission. The organization's transparency is good through its consistent filing of IRS Form 990s, providing a clear financial history.
Overall, Virginia Elite Volleyball Club Inc exhibits strong financial health, consistent growth, and a commitment to its mission, as evidenced by its financial trends and lack of reported officer compensation. Its ability to grow revenue and assets while maintaining low liabilities positions it well for continued impact in its community.