Overview
What is Virginia Beach Volleyball Academy?
Virginia Beach Volleyball Academy (VBVBA) is a youth-focused sports organization situated in Virginia Beach, Virginia. Their primary mission is to cultivate an interest in volleyball amongst local youth, achieving this through two primary avenues: individualized volleyball clinics and participation in USAV-sanctioned events in a team setting. VBVBA aims to provide a comprehensive platform for young volleyball enthusiasts to improve their skills and engage in competitive team activities.
Official website here: www.vbvba.net
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
The Virginia Beach Volleyball Academy has received a two-star rating from Charity Navigator, indicating that there are significant areas for improvement, particularly in accountability and financial transparency. With an overall score of 68%, the organization has demonstrated strengths in maintaining an independent board and an impressive program expense ratio, which suggests that a majority of funds are allocated towards its programs.
However, the nonprofit faces notable shortcomings, primarily due to the absence of key financial documentation and policies, such as financial statements, a conflict of interest policy, and whistleblower protections. These gaps in governance and transparency can raise concerns among potential donors about the organization's operational integrity and financial health.
Overall, while the Virginia Beach Volleyball Academy shows a commitment to its mission through effective program spending, it must enhance its accountability measures and documentation practices to improve its rating and build trust within the community and its supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Virginia Beach Volleyball Academy legitimate?
Virginia Beach Volleyball Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Virginia Beach Volleyball Academy 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.vbvba.net
What is the mission statement of Virginia Beach Volleyball Academy?
The Virginia Beach Volleyball Academy is a youth-focused organization dedicated to fostering the sport of volleyball. Their primary activities include conducting individualized volleyball clinics and participating in USAV-sanctioned events in a team format. The organization's mission is to promote volleyball among young individuals, providing them with opportunities to enhance their skills and compete in a team setting. By offering these services, the Virginia Beach Volleyball Academy aims to foster a love for the sport and help develop the next generation of volleyball players.
Official website here: www.vbvba.net
Who is the CEO of Virginia Beach Volleyball Academy?
Michael Roberts is the Director & President of Virginia Beach Volleyball Academy.
Official website here: www.vbvba.net
What is the revenue of Virginia Beach Volleyball Academy?
Virginia Beach Volleyball Academy's revenue in 2023 was $777,337.
Official website here: www.vbvba.net
Who are the executives of Virginia Beach Volleyball Academy and what are their salaries?
There 100 volunteers at Virginia Beach Volleyball Academy.
Here are 3 key members and their salaries:
- Compensation: $1,560
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $5,080
- Related: $0
- Other: $0
Official website here: www.vbvba.net
Where can I find the form 990 for Virginia Beach Volleyball Academy?
Virginia Beach Volleyball Academy's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.vbvba.net
Learn more at the official website: www.vbvba.net
Mission Statement of Virginia Beach Volleyball Academy
Virginia Beach Volleyball Academy, abbreviated as VBVA, is a youth-focused sports organization committed to fostering the sport of volleyball in its community. The primary activities of this organization involve conducting individualized volleyball clinics and participating in USAV-sanctioned events in a team format. VBVA's mission is to promote volleyball among young individuals in the Virginia Beach area, offering them an opportunity to develop their skills and compete in a team setting. By offering these services, the academy aims to inspire a passion for the sport and help young players reach their full potential.
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Impact
October, 2024
Virginia Beach Volleyball Academy significantly enhances the local community by fostering a love for volleyball among youth in the Virginia Beach area. Through its individualized volleyball clinics, the academy provides tailored instruction that helps young athletes develop their skills, gain confidence, and cultivate a passion for the sport.
Additionally, by organizing participation in USA Volleyball (USAV) sanctioned events, VBVBA creates opportunities for young players to compete, collaborate, and form lasting friendships while participating in a structured team environment. This not only elevates their athletic skills but also instills essential values such as teamwork, discipline, and sportsmanship.
Overall, the Virginia Beach Volleyball Academy serves as a vital resource for promoting athletic excellence and personal development, positively impacting the youth and the broader community in Virginia Beach.
This information is meant to be a general summary of Virginia Beach Volleyball Academy. 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 2023.
- Investment Income: $906
- Program Service Revenue: $611,305
- Gross Receipts: $3,745,336
Assets and Liabilities:
- Total Assets: $61,455
- Total Liabilities: $31,243
- Net Assets: $30,212
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
VOLLEYBALL PROGRAM INCOME
Revenue
$603,022
TRYOUT FEES INCOME
Revenue
$5,910
COURT RENTAL INCOME
Revenue
$2,373
Organization Details
Founding Year
2009
Phone
(757) 721-6576Principal Officer
Michael Roberts
Main Address
2020 LANDSTOWN CENTRE WAY, VIRGINIA BEACH, VA, 23456
Website
www.vbvba.netNTEE Category
Code: N60 - Recreation
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