Velos Organization Inc
- Assets
- $96.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Simpsonville, SC
- Founding
- Data as of
- 12/2022
- EIN
- 85-1204073
Organization Overview
Velos Organization Inc is located in Simpsonville, SC. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Velos Organization 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, Velos Organization Inc generated $185.8k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 73.5% each year . All expenses for the organization totaled $135.1k 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
VELOS ARCHERY, COLLECTIVE & VOLLEYBALL OFFER VARIOUS AGES OF ARCHERY CLASSES TOPROVIDE A PLACE FOR COMMUNITY, FELLOWSHIP AND ENCOURAGEMENTAMONG YOUTH.
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) | Role | Hours | Compensation |
|---|---|---|---|
Colleen A Pusateri President | 7 | $0 | |
Patrick A Pusateri Vice-President | 7 | $0 | |
Cole A Pusateri Treasurer | 7 | $0 | |
Anita J Zimmerman Secretary | 7 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $389 |
| Total Program Service Revenue | $185,293 |
| Membership dues | $0 |
| Investment income | $77 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $15 |
| Other Revenue | $0 |
| Total Revenue | $185,774 |
| 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 | $70,880 |
| Occupancy, rent, utilities, and maintenance | $2,000 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $62,225 |
| Total expenses | $135,105 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $96,579 |
| Other assets | $0 |
| Total assets | $96,579 |
| Total liabilities | $0 |
| Net assets or fund balances | $96,579 |