Overview
What is Virginia Elite Spirit Inc?
Virginia Elite Spirit Inc is a nonprofit organization dedicated to nurturing competitive cheerleading talents. With a focus on supporting approximately 132 amateur athletes, the organization provides them with financial assistance for their training and competition expenses. Virginia Elite Spirit Inc offers various programs, such as Kroger, Dominion, UR & RaiseRight, and Americrown, to help offset the costs associated with their athletic journey.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Stars, 67%)
Virginia Elite Spirit Inc has received a Two-Star rating from Charity Navigator, indicating that the organization requires improvement in certain areas. While it has a solid program expense ratio of 91.16%, reflecting a strong commitment to its programs, the overall accountability and finance score of 67% suggests that there are significant areas of concern regarding transparency and governance.
The organization boasts a fully independent board, which is a positive factor, but it falls short in several critical areas. Key documents such as financial statements and governance policies— including conflict of interest and whistleblower policies—are missing. Additionally, the nonprofit does not list its website on its tax form, which raises questions about its accessibility and transparency to stakeholders.
There are no significant issues regarding asset diversion, as indicated by its perfect score in that category. However, the lack of fundamental financial documentation and policies may hinder its overall credibility and accountability, thereby impacting donor confidence. Addressing these limitations could enhance its standing and effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Virginia Elite Spirit Inc legitimate?
Virginia Elite Spirit Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Virginia Elite Spirit Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $6,300
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Virginia Elite Spirit Inc?
Virginia Elite Spirit Inc. is dedicated to providing competitive cheerleading training and offering financial support for the associated expenses of about 132 amateur athletes. Their mission is centered around nurturing the athletic talents of these cheerleaders, ensuring they have the necessary resources to participate in competitions. The organization accomplishes this through various programs, such as Kroger, Dominion, UR & RaiseRight, and Americrown.
Who is the CEO of Virginia Elite Spirit Inc?
Ashley Bujtas is the President of Virginia Elite Spirit Inc.
What is the revenue of Virginia Elite Spirit Inc?
Virginia Elite Spirit Inc's revenue in 2022 was $534,734.
Who are the executives of Virginia Elite Spirit Inc and what are their salaries?
There 169 volunteers at Virginia Elite Spirit Inc.
Here are 6 key members and their salaries:
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Where can I find the form 990 for Virginia Elite Spirit Inc?
Virginia Elite Spirit Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Virginia Elite Spirit Inc
Virginia Elite Spirit, a nonprofit organization, is dedicated to competitive cheerleading training. They offer financial assistance to aid approximately 132 amateur athletes in managing their training and competition expenses. This support is provided through various programs such as Kroger, Dominion, UR & RaiseRight, and Americrown. By doing so, Virginia Elite Spirit empowers these athletes to pursue their passion for cheerleading without financial constraints.
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Impact
July, 2024
Virginia Elite Spirit Inc's impact can be seen in the development and support of approximately 132 amateur athletes in competitive cheerleading. By providing financial assistance for their training and competition expenses, the organization is helping these young athletes pursue their passion and achieve their goals in the sport. Through programs like Kroger, Dominion, UR & RaiseRight, and Americrown, Virginia Elite Spirit is not only training cheerleaders but also instilling valuable skills and fostering personal growth in the youth involved. Their commitment to youth development is evident in the opportunities and support they provide to aspiring cheerleaders in Midlothian, VA.
This information is meant to be a general summary of Virginia Elite Spirit Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $534,734
Assets and Liabilities:
- Total Assets: $84,707
- Total Liabilities: $0
- Net Assets: $84,707
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Organization Details
Founding Year
2006
Principal Officer
Ashley Bujtas
Main Address
2400 OAKDALE BLVD, MIDLOTHIAN, VA, 23112
NTEE Category
Code: O11 - Youth development
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