Overview
What is Indoor Football League?
The Indoor Football League is a professional sports organization, headquartered at 16431 Binley Road, Midlothian, Virginia. Their primary mission is to oversee and manage the operation of a professional indoor football league, enforcing specific rules and regulations. The league organizes various events, including an end-of-season championship game, which is funded through sponsorships. Post-event expenses, any remaining funds are utilized to decrease team dues for the upcoming 2023 season. The League operates with a small workforce, as indicated by only 2 employees.
Official website here: www.goifl.com
Is Indoor Football League legitimate?
Indoor Football League is a legitimate nonprofit organization registered as a 501(c)(6) entity. Indoor Football League 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: $175,099
Professional Fundraising Fees: $0
Other Salaries and Wages: $18,508
For more financial information, click here
Official website here: www.goifl.com
What is the mission statement of Indoor Football League?
The Indoor Football League's mission is centered around governing, managing, and facilitating the creation and operation of a professional indoor football league. The organization is responsible for enforcing specific rules and regulations to ensure the league's smooth functioning. Their mission includes overseeing the league, managing its operations, and establishing regulations to maintain its professional status. The league utilizes sponsorships to cover the expenses of an end-of-season championship game and any remaining funds are used to reduce team dues for the subsequent year.
Official website here: www.goifl.com
Who is the CEO of Indoor Football League?
Todd Tryon is the Commissioner of Indoor Football League.
Official website here: www.goifl.com
What is the revenue of Indoor Football League?
Indoor Football League's revenue in 2022 was $953,353.
Official website here: www.goifl.com
Who are the executives of Indoor Football League and what are their salaries?
The average compensation at Indoor Football League during 2022 was $96,804. There are 2 employees at Indoor Football League.
Here are 16 key members and their salaries:
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Official website here: www.goifl.com
Where can I find the form 990 for Indoor Football League?
Indoor Football League's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.goifl.com
Learn more at the official website: www.goifl.com
Mission Statement of Indoor Football League
The Indoor Football League, as a governing body, is committed to managing and overseeing the establishment and operation of a professional indoor football league. Its mission encompasses the establishment of rules and regulations to ensure a fair and competitive environment for participating teams. The league's role extends beyond governance, as it also assumes responsibility for enforcing these regulations throughout the league. By doing so, the Indoor Football League aims to foster a professional atmosphere that encourages growth and success within the indoor football community. In the spirit of supporting its teams, the league organizes an end-of-season championship game, funding expenses through sponsorships. The surplus funds generated from this event are then utilized to reduce team dues for the following season, demonstrating the league's commitment to its member teams' financial well-being.
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Impact
October, 2024
The Indoor Football League (IFL) significantly enhances the landscape of indoor sports, fostering a vibrant community around professional indoor football. By establishing a structured platform for teams and players, the IFL not only promotes athletic competition but also encourages local engagement and support.
The league's governance ensures a standardized framework that maintains the integrity of the sport, allowing teams to focus on performance while adhering to set rules and regulations. This promotes a fair and competitive environment, essential for player development and fan experience.
An essential aspect of the IFL's impact is its ability to generate excitement through organized events, such as the end-of-season championship game. The league's business model, which leverages sponsorships to cover event expenses, demonstrates a commitment to sustainable operations. Notably, the remaining funds are strategically utilized to lower team dues for the following season, making participation more accessible for teams and fostering greater involvement in indoor football.
Located in Midlothian, VA, the IFL serves as a catalyst for recreational opportunities in the region, contributing to community engagement and local culture. By promoting indoor football, the league supports not just the athletes involved but also fans, families, and local businesses, creating a ripple effect that enhances overall community vitality.
This information is meant to be a general summary of Indoor Football League. 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.
- Investment Income: $253
- Program Service Revenue: $953,100
- Gross Receipts: $953,353
Assets and Liabilities:
- Total Assets: $752,076
- Total Liabilities: $196,893
- Net Assets: $555,183
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Sponsorships
Revenue
$488,000
Expansion Fee
Revenue
$250,000
Dues
Revenue
$170,700
Fines
Revenue
$42,900
Assessments
Revenue
$1,500
Organization Details
Founding Year
2004
Phone
(804) 869-7792Principal Officer
Todd Tryon
Main Address
16431 Binley Road, Midlothian, VA, 23112
Website
www.goifl.comNTEE Category
Code: N80 - Recreation
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