Socal Vga
- Assets
- $51.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Westminster, CA
- Founding
- Data as of
- 12/2021
- EIN
- 85-1140649
Organization Overview
Socal Vga is located in Westminster, CA. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, 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. Socal Vga is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2021, Socal Vga generated $171.0k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 41.0% each year . All expenses for the organization totaled $136.6k during the year ending 12/2021. While expenses have increased by 33.9% per year over the past 2 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
ORGANIZE 13 TOURNAMENTS IN 2021
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Damon Dang CFO | 0 | $0 | |
Andrew S Nugent President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $23,126 |
| Total Program Service Revenue | $132,858 |
| Membership dues | $15,065 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $171,049 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $131,404 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $2,230 |
| Occupancy, rent, utilities, and maintenance | $366 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $2,589 |
| Total expenses | $136,589 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $50,966 |
| Other assets | $0 |
| Total assets | $50,966 |
| Total liabilities | $5,100 |
| Net assets or fund balances | $45,866 |
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