Far Out Volleyball Club
Far Out Volleyball Club consistently generates revenue with no reported officer compensation and minimal liabilities.
EIN: 208300928 · Wyoming, MI · NTEE: N70 · Updated: 2026-03-28
About Far Out Volleyball Club
Far Out Volleyball Club (EIN: 208300928) is a nonprofit organization based in Wyoming, MI, classified under NTEE code N70. The organization reported total revenue of $914K and total assets of $68K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Far Out Volleyball Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Far Out Volleyball Club with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Far Out Volleyball Club allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Far Out Volleyball Club reports 0% officer compensation across all three filings, which is highly favorable and suggests a volunteer-driven leadership or compensation structure that does not involve direct officer salaries, especially for an organization with nearly $1 million in annual revenue.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Far Out Volleyball Club's IRS 990 filings:
- Lack of detailed expense breakdown in provided data makes full spending efficiency analysis difficult.
Strengths
The following positive indicators were identified for Far Out Volleyball Club:
- Consistent positive net income across all reported periods.
- 0% reported officer compensation, indicating efficient use of funds for leadership.
- Virtually no liabilities, demonstrating strong financial health and low debt.
- Steady revenue growth over the past three years.
Frequently Asked Questions about Far Out Volleyball Club
Is Far Out Volleyball Club financially stable?
Yes, Far Out Volleyball Club appears financially stable, consistently generating more revenue than expenses over the past three years and maintaining virtually no liabilities, indicating responsible financial management.
How does Far Out Volleyball Club manage its assets?
The organization maintains relatively low assets ($67,964 in 2020) and negligible liabilities, suggesting a focus on immediate program delivery rather than accumulating significant reserves or fixed assets.
What is the trend in Far Out Volleyball Club's revenue?
Far Out Volleyball Club has shown a positive revenue trend, increasing from $826,405 in 2018 to $914,407 in 2020, indicating growth in its operations or funding.
Filing History
IRS 990 filing history for Far Out Volleyball Club showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2018–2020), Far Out Volleyball Club's revenue has grown by 10.6%, moving from $826K to $914K. Total assets increased by 70.6% over the same period, from $40K to $68K. Total functional expenses rose by 11.6%, from $799K to $892K. In its most recent filing year (2020), Far Out Volleyball Club reported a surplus of $23K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2020 | $914K | $892K | $68K | $0 | — | — |
| 2019 | $848K | $843K | $45K | $1 | — | — |
| 2018 | $826K | $799K | $40K | $1 | — | — |
Year-by-Year Financial Summary
- 2020: Revenue of $914K, expenses of $892K, and assets of $68K (revenue +7.8% year-over-year).
- 2019: Revenue of $848K, expenses of $843K, and assets of $45K (revenue +2.7% year-over-year).
- 2018: Revenue of $826K, expenses of $799K, and assets of $40K.
Data Sources and Methodology
This transparency report for Far Out 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.