Panhandle Elite Volleyball Club Inc
EIN: 812686242 · Gulf Breeze, FL · NTEE: N70
Is Panhandle Elite Volleyball Club Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Panhandle Elite Volleyball Club Inc
Panhandle Elite Volleyball Club Inc (EIN: 812686242) is a nonprofit organization based in Gulf Breeze, FL, classified under NTEE code N70. The organization reported total revenue of $750K and total assets of $246K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Panhandle Elite Volleyball Club Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Panhandle Elite Volleyball Club Inc is a small nonprofit that has been operating for 7 years, with 7 years of IRS 990 filings on record (2017–2023). Revenue has grown at a compound annual rate of 34.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $609K |
| Total Expenses | $568K |
| Surplus / Deficit | +$41K |
| Total Assets | $238K |
| Total Liabilities | $151K |
| Net Assets | $87K |
| Operating Margin | 6.7% |
| Debt-to-Asset Ratio | 63.3% |
| Months of Reserves | 5.0 months |
Financial Health Grade: A
In 2023, Panhandle Elite Volleyball Club Inc reported a surplus of $41K with revenue exceeding expenses, holds 5.0 months of operating reserves (adequate), has a debt-to-asset ratio of 63.3% (high leverage).
Financial Trends
Over 7 years of filings (2017–2023), Panhandle Elite Volleyball Club Inc's revenue has grown at a compound annual growth rate (CAGR) of 34.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +10.0% | +0.3% | +20.9% |
| 2022 | -3.3% | -7.3% | -6.1% |
| 2021 | +26.6% | +38.8% | -22.1% |
| 2020 | +43.4% | +40.4% | +235.5% |
| 2019 | +15.3% | +24.0% | -52.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Panhandle Elite Volleyball Club Inc 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 Panhandle Elite Volleyball Club Inc 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 $41K, with revenue exceeding expenses.
- Debt-to-asset ratio: 63.3%.
Frequently Asked Questions about Panhandle Elite Volleyball Club Inc
Is Panhandle Elite Volleyball Club Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Panhandle Elite Volleyball Club Inc (EIN: 812686242) insufficient data. 0 red flags identified, 0 strengths noted.
How does Panhandle Elite Volleyball Club Inc spend its money?
Detailed spending breakdown data is not yet available for Panhandle Elite Volleyball Club Inc. Check back for updated IRS 990 analysis.
Are donations to Panhandle Elite Volleyball Club Inc tax-deductible?
Panhandle Elite Volleyball Club Inc is registered as a tax-exempt nonprofit (EIN: 812686242). 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 Panhandle Elite Volleyball Club Inc showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2017–2023), Panhandle Elite Volleyball Club Inc's revenue has grown by 486.9%, moving from $104K to $609K. Total assets increased by 255.9% over the same period, from $67K to $238K. Total functional expenses rose by 890.4%, from $57K to $568K. In its most recent filing year (2023), Panhandle Elite Volleyball Club Inc reported a surplus of $41K, with revenue exceeding expenses. The organization holds $151K in liabilities against $238K in assets (debt-to-asset ratio: 63.3%), resulting in net assets of $87K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $609K | $568K | $238K | $151K | — | — |
| 2022 | $554K | $566K | $197K | $151K | — | — |
| 2021 | $573K | $611K | $210K | $151K | — | View 990 |
| 2020 | $452K | $440K | $270K | $173K | — | View 990 |
| 2019 | $315K | $313K | $80K | $45K | — | View 990 |
| 2018 | $274K | $253K | $170K | $88K | — | View 990 |
| 2017 | $104K | $57K | $67K | $5K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $609K, expenses of $568K, and assets of $238K (revenue +10.0% year-over-year).
- 2022: Revenue of $554K, expenses of $566K, and assets of $197K (revenue -3.3% year-over-year).
- 2021: Revenue of $573K, expenses of $611K, and assets of $210K (revenue +26.6% year-over-year).
- 2020: Revenue of $452K, expenses of $440K, and assets of $270K (revenue +43.4% year-over-year).
- 2019: Revenue of $315K, expenses of $313K, and assets of $80K (revenue +15.3% year-over-year).
- 2018: Revenue of $274K, expenses of $253K, and assets of $170K (revenue +163.6% year-over-year).
- 2017: Revenue of $104K, expenses of $57K, and assets of $67K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Panhandle Elite Volleyball Club Inc:
Data Sources and Methodology
This transparency report for Panhandle Elite Volleyball Club Inc 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.