Rva Sports Foundation Inc

Organization Overview

Rva Sports Foundation Inc is located in Richmond, VA. The organization was established in 2019. According to its NTEE Classification (N12) the organization is classified as: Fund Raising & Fund Distribution, 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. Rva Sports Foundation 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 12/2021, Rva Sports Foundation Inc generated $456.9k in total revenue. All expenses for the organization totaled $390.4k during the year ending 12/2021. While expenses have increased by 132.9% per year over the past 3 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

RVA SPORTS FOUNDATION HAS A DUAL PURPOSE TO REHABILITATE AND REFURBISH AN AGING, STADIUM IN THE HEART OF RICHMOND, VIRGINIA (RVA) WHILE ALSO SERVING THE SPECIAL NEEDS SOCCER COMMUNITY BY RUNNING THE RVACCESS PROGRAM WHICH SERVES KIDS FROM AGES 5- 19 AROUND CENTRAL VIRGINIA. OUR GOAL IS TO PROVIDE A CENTRAL HUB FOR THE RICHMOND METROPOLITAN REGION TO COME AND CELEBRATE OUR GREAT CITY THROUGH A MULTITUDE OF EVENTS AND FESTIVALS AT CITY STADIUM.RVA SPORTS WILL BE RUN BY VOLUNTEERS INITIALLY WHILE WE PLAN TO HIRE A THIRD PARTY TO PROVIDE AN EXPERIENCED PROGRAM DIRECTOR TO RUN RVACCESS. THE REHABILITATION OF CITY STADIUM WILL BE HAPPENING YEAR ROUND AND OVER THE NEXT 40 YEARS. RVACCESS IS A PROGRAM THAT TRADITIONALLY RUNS IN THE SPRING AND FALL, UTILIZING CITY STADIUM AND OTHER VENUES AROUND THE METROPOLITAN AREA. WE AIM TO RUN MORE SESSIONS AT CITY STADIUM BECAUSE OF THE CENTRAL LOCATION AND IMPACT FOR FAMILIES IN THE CITY. CITY STADIUM IS OWNED BY THE CITY OF RICHMOND, VA.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE MAIN FOCUS OF THE ORGANIZATION IS THE REVITALIZATION OF CITY STADIUM.


TO FACILITATE DONOR ACTIVITIES THAT SUPPORT THE ORGANIZATION'S MISSION TO MAKE A DIFFERENCE IN A CHILD'S LIFE BY PROVIDING RVACCESS TO PLAYERS THROUGHOUT THE GREATER RICHMOND AREA.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Board, Officers & Key Employees

Name (title)Compensation
Robert S Ukrop Jr
President & Director
$0
Shepherd Lewis
Secretary & Director
$0
Eric Gregory
Treasurer & Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$68,177
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$68,177
Total Program Service Revenue$0
Investment income $2
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $388,710
Miscellaneous Revenue$0
Total Revenue $456,889

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Rva Sports Foundation Inc has recieved totaling $36,000.

Awarding OrganizationAmount
Honey Foundation

Richmond, VA

PURPOSE: OPERATIONS

$30,000
The Community Foundation Inc

Richmond, VA

PURPOSE: GENERAL PURPOSES

$6,000
View Grant Recipient Profile

Create an account to unlock the data you need.

or