Five Starz Volleyball Club
- Assets
- $167.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 27
- Location
- Davis, CA
- Founding
- 06/1994
- Data as of
- 08/2023
- EIN
- 68-0143435
Organization Overview
Five Starz Volleyball Club is located in Davis, CA. The organization was established in 1994. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, under the broad grouping of Recreation & Sports and related organizations. As of 08/2023, Five Starz Volleyball Club employed 27 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Five Starz Volleyball Club 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 08/2023, Five Starz Volleyball Club generated $184.3k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.8%) each year. All expenses for the organization totaled $168.6k during the year ending 08/2023. As we would expect to see with falling revenues, expenses have declined by (3.5%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
DURING THE REPORTING PERIOD, THE CLUB HAD 5 TEAMS, COMPRISED OF 50 PLAYERS. THE CLUB BEGAN THE YEAR WITH FALL SKILL CLINICS AND TRYOUTS. THE TOURNAMENT SEASON RAN JANUARY-MAY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jason Balmes Director | 10 | $12,754 | |
Debby Colberg President | 10 | $0 | |
April Donald Director | 10 | $0 | |
Elizabeth Colenzo Director | 10 | $0 | |
Megan Smith CFO | 10 | $4,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $184,196 |
| Membership dues | $0 |
| Investment income | $58 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $184,254 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $112,738 |
| Professional fees and other payments to independent contractors | $2,764 |
| Occupancy, rent, utilities, and maintenance | $21,050 |
| Printing, publications, postage, and shipping | $97 |
| Other expenses | $31,955 |
| Total expenses | $168,604 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $163,988 |
| Other assets | $0 |
| Total assets | $167,273 |
| Total liabilities | $0 |
| Net assets or fund balances | $167,273 |