Virginia Elite Volleyball Club Inc
Virginia Elite Volleyball Club Inc shows consistent revenue growth and strong financial stability with no reported officer compensation.
EIN: 203370051 · Alexandria, VA · NTEE: N60 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.3M |
| Total Expenses | $1.0M |
| Program Spending | 90% |
| Net Assets | $205K |
| Transparency Score | 92/100 |
Is Virginia Elite Volleyball Club Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Virginia Elite Volleyball Club Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Virginia Elite Volleyball Club Inc
Virginia Elite Volleyball Club Inc (EIN: 203370051) is a nonprofit organization based in Alexandria, VA, classified under NTEE code N60. The organization reported total revenue of $1.3M and total assets of $295K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Virginia Elite Volleyball Club Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Virginia Elite Volleyball Club Inc is a mid-size nonprofit that has been operating for 20 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 6.5%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.0M |
| Total Expenses | $1.0M |
| Surplus / Deficit | +$10K |
| Total Assets | $212K |
| Total Liabilities | $8K |
| Net Assets | $205K |
| Operating Margin | 1.0% |
| Debt-to-Asset Ratio | 3.5% |
| Months of Reserves | 2.5 months |
Financial Health Grade: A
In 2024, Virginia Elite Volleyball Club Inc reported a surplus of $10K with revenue exceeding expenses, holds 2.5 months of operating reserves (limited), has a debt-to-asset ratio of 3.5% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), Virginia Elite Volleyball Club Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +7.8% | +9.0% | -10.5% |
| 2023 | +9.4% | +3.7% | +7.1% |
| 2022 | -0.6% | +14.9% | +8.5% |
| 2021 | +64.4% | +53.6% | +87.9% |
| 2020 | -28.6% | -29.3% | +25.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Virginia Elite Volleyball Club Inc with a Mission Score of 92 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Virginia Elite Volleyball Club Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $10K, with revenue exceeding expenses.
- Debt-to-asset ratio: 3.5%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer or compensated through non-officer categories, which is highly favorable for resource allocation to programs.
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.
Strengths
The following positive indicators were identified for Virginia Elite Volleyball Club Inc:
- 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.
Frequently Asked Questions about Virginia Elite Volleyball Club Inc
Is Virginia Elite Volleyball Club Inc a legitimate charity?
Virginia Elite Volleyball Club Inc (EIN: 203370051) is a registered tax-exempt nonprofit based in Virginia. Our AI analysis gives it a Mission Score of 92/100. It has 14 years of IRS 990 filings on record. Total revenue: $1.3M. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Virginia Elite Volleyball Club Inc spend its money?
Virginia Elite Volleyball Club Inc directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Virginia Elite Volleyball Club Inc tax-deductible?
Virginia Elite Volleyball Club Inc is registered as a tax-exempt nonprofit (EIN: 203370051). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Virginia Elite Volleyball Club Inc's spending goes to programs?
Virginia Elite Volleyball Club Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Virginia Elite Volleyball Club Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Virginia Elite Volleyball Club Inc is above average for NTEE category N60 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Virginia Elite Volleyball Club Inc located?
Virginia Elite Volleyball Club Inc is headquartered in Alexandria, Virginia and files with the IRS under EIN 203370051. It is classified under NTEE code N60.
How many years of IRS 990 filings does Virginia Elite Volleyball Club Inc have?
Virginia Elite Volleyball Club Inc has 14 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.3M in total revenue.
Is Virginia Elite Volleyball Club Inc a good charity?
Based on its consistent revenue growth, healthy asset accumulation, low liabilities, and 0% reported officer compensation, Virginia Elite Volleyball Club Inc appears to be a well-managed and effective organization.
How has the organization's revenue changed over time?
The organization has shown strong revenue growth, increasing from $533,383 in 2020 to $1,027,364 in 2024, nearly doubling its income in four years.
What is the organization's financial stability?
Virginia Elite Volleyball Club Inc demonstrates strong financial stability, with assets growing from $108,571 in 2020 to $212,212 in 2024, while maintaining relatively low liabilities (e.g., $7,524 in 2024).
Does the organization compensate its officers?
No officer compensation is reported in any of the available IRS 990 filings, indicating a highly efficient use of funds or a volunteer-led executive team.
Filing History
IRS 990 filing history for Virginia Elite Volleyball Club Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Virginia Elite Volleyball Club Inc's revenue has grown by 127.5%, moving from $452K to $1.0M. Total assets increased by 139.9% over the same period, from $88K to $212K. Total functional expenses rose by 111.1%, from $482K to $1.0M. In its most recent filing year (2024), Virginia Elite Volleyball Club Inc reported a surplus of $10K, with revenue exceeding expenses. The organization holds $8K in liabilities against $212K in assets (debt-to-asset ratio: 3.5%), resulting in net assets of $205K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $1.0M | $1.0M | $212K | $8K | — | View 990 |
| 2023 | $953K | $934K | $237K | $45K | — | View 990 |
| 2022 | $872K | $900K | $221K | $49K | — | View 990 |
| 2021 | $877K | $784K | $204K | $3K | — | View 990 |
| 2020 | $533K | $510K | $109K | $1K | — | View 990 |
| 2019 | $747K | $722K | $86K | $2K | — | View 990 |
| 2018 | $687K | $671K | $77K | $18K | — | View 990 |
| 2017 | $701K | $686K | $69K | $26K | — | View 990 |
| 2016 | $437K | $519K | $55K | $27K | — | View 990 |
| 2015 | $520K | $560K | $112K | $3K | — | View 990 |
| 2014 | $554K | $551K | $148K | $1K | — | View 990 |
| 2013 | $568K | $557K | $144K | $0 | — | View 990 |
| 2012 | $468K | $425K | $132K | $0 | — | View 990 |
| 2011 | $452K | $482K | $88K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $1.0M, expenses of $1.0M, and assets of $212K (revenue +7.8% year-over-year).
- 2023: Revenue of $953K, expenses of $934K, and assets of $237K (revenue +9.4% year-over-year).
- 2022: Revenue of $872K, expenses of $900K, and assets of $221K (revenue -0.6% year-over-year).
- 2021: Revenue of $877K, expenses of $784K, and assets of $204K (revenue +64.4% year-over-year).
- 2020: Revenue of $533K, expenses of $510K, and assets of $109K (revenue -28.6% year-over-year).
- 2019: Revenue of $747K, expenses of $722K, and assets of $86K (revenue +8.8% year-over-year).
- 2018: Revenue of $687K, expenses of $671K, and assets of $77K (revenue -2.0% year-over-year).
- 2017: Revenue of $701K, expenses of $686K, and assets of $69K (revenue +60.5% year-over-year).
- 2016: Revenue of $437K, expenses of $519K, and assets of $55K (revenue -16.0% year-over-year).
- 2015: Revenue of $520K, expenses of $560K, and assets of $112K (revenue -6.1% year-over-year).
- 2014: Revenue of $554K, expenses of $551K, and assets of $148K (revenue -2.5% year-over-year).
- 2013: Revenue of $568K, expenses of $557K, and assets of $144K (revenue +21.4% year-over-year).
- 2012: Revenue of $468K, expenses of $425K, and assets of $132K (revenue +3.7% year-over-year).
- 2011: Revenue of $452K, expenses of $482K, and assets of $88K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Virginia Elite Volleyball Club Inc:
Data Sources and Methodology
This transparency report for Virginia 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.