Velo Amis
- Assets
- $30.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Newark, DE
- Founding
- 04/2011
- Data as of
- 12/2022
- EIN
- 27-2228853
Organization Overview
Velo Amis is located in Newark, DE. The organization was established in 2011. According to its NTEE Classification (N70) the organization is classified as: Amateur Sports Competitions, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Velo Amis is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Velo Amis generated $64.4k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $58.9k during the year ending 12/2022. While expenses have increased by 0.3% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lauri Webber Treasurer | 25 | $0 | |
Charles Fitzgerald President | 10 | $0 | |
Matt Thompson Chief Operating Officer | 15 | $0 | |
Kristine Andres Secretary | 10 | $0 | |
Megan Bahnson Diversity And Inclusion Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,650 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $51,348 |
| Other Revenue | $366 |
| Total Revenue | $64,364 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $1,800 |
| Printing, publications, postage, and shipping | $218 |
| Other expenses | $10,192 |
| Total expenses | $58,937 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $30,889 |
| Other assets | $0 |
| Total assets | $30,889 |
| Total liabilities | $0 |
| Net assets or fund balances | $30,889 |