Usa Volleyball Foundation
- Assets
- $4.2m
- Revenue
- $510.0k
- Investments
- $350.0
- Employees
- 0
- Location
- Colorado Springs, CO
- Founding
- 11/1997
- Data as of
- 12/2021
- EIN
- 84-1412045
Organization Overview
Usa Volleyball Foundation is located in Colorado Springs, CO. The organization was established in 1997. 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 the central organization for a national or regional group of organizations. USA Volleyball Foundation 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, USA Volleyball Foundation generated $510.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.9% each year. All expenses for the organization totaled $198.7k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE AND DEVELOP THE SPORT OF VOLLEYBALL AND SUPPORT USA VOLLEYBALL AND ITS 40 REGIONAL ORGANIZATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORT FOR USA VOLLEYBALL PROGRAMS INCLUDING SAFESPORT INITIATIVES, SITTING A2 PROGRAMS, BOY'S SPORT DEVELOPMENT GRANTS AND WOMEN'S & MENS NATIONAL TEAMS (BEACH, INDOOR AMD SITTING).
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andy Reitinger Vice President | OfficerTrustee | 2 | $0 |
Scott Fortune President | OfficerTrustee | 2 | $0 |
Stewart Mcdole Treasurer | OfficerTrustee | 2 | $0 |
Mark Peterson Chairman | OfficerTrustee | 2 | $0 |
Stacie Kearns Managing Director | Officer | 1 | $0 |
Brook Billings Director | Trustee | 2 | $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 | $24,474 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $24,474 |
| Total Program Service Revenue | $0 |
| Investment income | $86,488 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $399,035 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $509,997 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $172,598 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $23,711 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $582 |
| Information technology | $309 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,466 |
| All other expenses | $0 |
| Total functional expenses | $198,666 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $12,669 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $4,136,711 |
| Investments—other securities | $350 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $15,695 |
| Total assets | $4,165,425 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $174,737 |
| Total liabilities | $174,737 |
| Net assets without donor restrictions | $3,485,841 |
| Net assets with donor restrictions | $504,847 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $4,165,425 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Usa Volleyball Foundation has recieved totaling $8,000.
| Awarding Organization | Amount |
|---|---|
Collinson Fam Foundation Peachtree Corners, GA PURPOSE: UNRESTRICTED | $5,000 |
Ronald L Von Hagen Foundation Inc Ketchum, ID PURPOSE: GINERAL | $3,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
United States Ski Association Park City, UT | $21,124,453 | $32,052,009 |
Usa Volleyball Colorado Springs, CO | $34,648,570 | $30,318,456 |
Paradise Valley Country Club Inc Paradise Valley, AZ | $41,632,521 | $18,336,957 |
United States Ski Team Foundation Park City, UT | $9,262,092 | $17,246,819 |
Oklahoma City Golf & Country Club Nichols Hills, OK | $30,261,356 | $14,527,744 |
Southern Hills Country Club Tulsa, OK | $59,775,336 | $17,253,423 |
Cherry Hills Country Club Englewood, CO | $65,318,672 | $17,559,884 |
Denver Country Club Denver, CO | $40,162,102 | $13,375,074 |
Columbine Country Club Columbine Valley, CO | $37,675,928 | $14,753,551 |
Happy Hollow Club Omaha, NE | $18,174,683 | $12,125,031 |
Troon Country Club Inc Scottsdale, AZ | $27,079,635 | $13,166,586 |
Gamma Phi Beta Sorority Inc Centennial, CO | $31,209,730 | $12,603,697 |