Albemarle Regional Volleyball Club
EIN: 812869250 · Elizabeth Cty, NC · NTEE: N60
Is Albemarle Regional Volleyball Club Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Albemarle Regional Volleyball Club
Albemarle Regional Volleyball Club (EIN: 812869250) is a nonprofit organization based in Elizabeth Cty, NC, classified under NTEE code N60. The organization reported total revenue of $199K and total assets of $101K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Albemarle Regional Volleyball Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Albemarle Regional Volleyball Club is a small nonprofit that has been operating for 10 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of 44.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $125K |
| Total Expenses | $113K |
| Surplus / Deficit | +$12K |
| Total Assets | $71K |
| Net Assets | $71K |
| Operating Margin | 9.8% |
| Months of Reserves | 7.6 months |
Financial Health Grade: A
In 2023, Albemarle Regional Volleyball Club reported a surplus of $12K with revenue exceeding expenses, holds 7.6 months of operating reserves (strong position).
Financial Trends
Over 5 years of filings (2019–2023), Albemarle Regional Volleyball Club's revenue has grown at a compound annual growth rate (CAGR) of 44.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +3.1% | +17.0% | +21.0% |
| 2022 | +40.2% | +10.9% | +73.5% |
| 2021 | +29.4% | +39.6% | -1.2% |
| 2020 | +134.9% | +53.5% | +15.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Albemarle Regional Volleyball Club has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Albemarle Regional Volleyball Club with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $12K, with revenue exceeding expenses.
Frequently Asked Questions about Albemarle Regional Volleyball Club
Is Albemarle Regional Volleyball Club a legitimate charity?
Based on AI analysis of IRS 990 filings, Albemarle Regional Volleyball Club (EIN: 812869250) insufficient data. 0 red flags identified, 0 strengths noted.
How does Albemarle Regional Volleyball Club spend its money?
Detailed spending breakdown data is not yet available for Albemarle Regional Volleyball Club. Check back for updated IRS 990 analysis.
Are donations to Albemarle Regional Volleyball Club tax-deductible?
Albemarle Regional Volleyball Club is registered as a tax-exempt nonprofit (EIN: 812869250). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Albemarle Regional Volleyball Club showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Albemarle Regional Volleyball Club's revenue has grown by 339.6%, moving from $28K to $125K. Total assets increased by 139.4% over the same period, from $30K to $71K. Total functional expenses rose by 178.1%, from $41K to $113K. In its most recent filing year (2023), Albemarle Regional Volleyball Club reported a surplus of $12K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $125K | $113K | $71K | $0 | — | View 990 |
| 2022 | $121K | $96K | $59K | $0 | — | View 990 |
| 2021 | $86K | $87K | $34K | $0 | — | View 990 |
| 2020 | $67K | $62K | $34K | $0 | — | — |
| 2019 | $28K | $41K | $30K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $125K, expenses of $113K, and assets of $71K (revenue +3.1% year-over-year).
- 2022: Revenue of $121K, expenses of $96K, and assets of $59K (revenue +40.2% year-over-year).
- 2021: Revenue of $86K, expenses of $87K, and assets of $34K (revenue +29.4% year-over-year).
- 2020: Revenue of $67K, expenses of $62K, and assets of $34K (revenue +134.9% year-over-year).
- 2019: Revenue of $28K, expenses of $41K, and assets of $30K.
Data Sources and Methodology
This transparency report for Albemarle Regional Volleyball Club is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.