Verona Competitive Inc is located in Verona, NJ. The organization was established in 2016. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, 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. Verona Competitive Inc 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, Verona Competitive Inc generated $87.0k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 36.6% each year . All expenses for the organization totaled $77.9k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
TO PROVIDE FUNDS & CONTRIBUTIONS TO ALLOW CHILDREN TO COMPETE IN CHEERLEADING. THIS WILL INSTILL & BOLSTER THE SELF-ESTEEM, MORALE, SPIRIT & CAMARADERIE AMONGST YOUNG GIRLS. IN ADDITION, THEY WILL BE PEFORMING VOLUNTEER WORK WITHIN THE LOCAL COMMUNITY.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michele Schmidt Treasurer | 2 | $0 | |
Karen Jandoli President | 2 | $0 | |
Allison Evans Vice President | 2 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $85,538 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $1,418 |
| Other Revenue | $0 |
| Total Revenue | $86,956 |
| 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 | $300 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $77,611 |
| Total expenses | $77,911 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $14,760 |
| Other assets | $0 |
| Total assets | $14,760 |
| Total liabilities | $0 |
| Net assets or fund balances | $14,760 |