Overview
What is Momentum Volleyball Colorado?
Momentum Volleyball Colorado is a nonprofit organization situated in Englewood, Colorado, specifically at 7347 S Revere Parkway STE 100. The primary mission of this club is to enrich the lives of Colorado's youth by fostering their growth through athletics and education. They conduct various coaching clinics, training sessions, and participate in numerous tournaments and events. By engaging in these activities, Momentum Volleyball Colorado has positively impacted around 200 young individuals, instilling values such as responsibility, sportsmanship, positive self-image, and teamwork. The organization is run by a small team of three dedicated individuals.
Official website here: www.momentumvbc.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement, 73%)
Momentum Volleyball Colorado has received a two-star rating from Charity Navigator, indicating that the organization has room for improvement in its accountability and financial practices. While the organization demonstrates strength in areas like having a fully independent board and a good financial stability ratio, other critical components like the absence of financial statements and certain policies have impacted its overall score negatively.
The organization scores well in areas such as material diversion of assets, which shows good stewardship, and program expense ratio, which indicates that all funds are directed towards its programs. However, the lack of a whistleblower policy and missing documentation for financial transparency raises concerns about governance practices. Additionally, the absence of financial statements on their website can hinder potential donors' ability to assess the nonprofit's financial health fully.
Overall, while Momentum Volleyball Colorado shows commitment to its mission with a strong focus on program expenses, the missing financial documentation and policies are significant limitations that need to be addressed to enhance transparency and governance. Addressing these issues could lead to a higher rating in the future and greater trust from current and potential supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Momentum Volleyball Colorado legitimate?
Momentum Volleyball Colorado is a legitimate nonprofit organization registered as a 501(c)(3) entity. Momentum Volleyball Colorado 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: $107,342
Professional Fundraising Fees: $0
Other Salaries and Wages: $91,964
For more financial information, click here
Official website here: www.momentumvbc.com
What is the mission statement of Momentum Volleyball Colorado?
Momentum Volleyball Club, as a organization, is committed to enhancing the lives of young individuals through both athletics and education. They firmly believe in the transformative impact of sports on young people, fostering traits such as responsibility, sportsmanship, positive self-image, and teamwork. The club conducts various athletic coaching clinics, educational sessions, and participates in numerous tournaments and events, reaching out to around 200 youths.
Official website here: www.momentumvbc.com
Who is the CEO of Momentum Volleyball Colorado?
Unavailable
Official website here: www.momentumvbc.com
What is the revenue of Momentum Volleyball Colorado?
Momentum Volleyball Colorado's revenue in 2022 was $975,726.
Official website here: www.momentumvbc.com
Who are the executives of Momentum Volleyball Colorado and what are their salaries?
The average compensation at Momentum Volleyball Colorado during 2022 was $66,435. There are 3 employees at Momentum Volleyball Colorado.
Here are 4 key members and their salaries:
- Compensation: $107,342
- Related: $0
- Other: $0
- Compensation: $11,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.momentumvbc.com
Where can I find the form 990 for Momentum Volleyball Colorado?
Momentum Volleyball Colorado's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.momentumvbc.com
Learn more at the official website: www.momentumvbc.com
Mission Statement of Momentum Volleyball Colorado
Momentum Volleyball Colorado is an organization dedicated to enhancing the lives of young individuals in Colorado. Their mission is centered around the belief that participation in athletics can instill valuable life lessons such as responsibility, sportsmanship, a positive self-image, and teamwork in youth. The club leverages athletics and education as tools to achieve this goal, fostering a supportive environment where young people can grow and develop. Through conducting various coaching clinics, training sessions, and participating in numerous tournaments and events, Momentum Volleyball Colorado has reached and positively impacted around 200 young individuals in Colorado.
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Impact
October, 2024
Momentum Volleyball Colorado significantly impacts the lives of youth in Colorado through its commitment to athletics and education. By providing a structured environment where young people can engage in volleyball training, the club fosters essential values such as responsibility, sportsmanship, positive self-image, and teamwork. Through numerous coaching clinics and educational sessions, as well as participation in local tournaments, the club reaches approximately 200 youths, empowering them not only as athletes but as individuals. This holistic approach helps to build character and instill life skills that extend beyond the court, thereby contributing to the overall development and well-being of young participants in Englewood and surrounding areas.
This information is meant to be a general summary of Momentum Volleyball Colorado. 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: $5
- Program Service Revenue: $380,001
- Gross Receipts: $975,726
Assets and Liabilities:
- Total Assets: $695,882
- Total Liabilities: $197,186
- Net Assets: $498,696
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Organization Details
Founding Year
2010
Main Address
7347 S Revere Parkway STE 100, Englewood, CO, 80112
Website
www.momentumvbc.comNTEE Category
Code: N60 - Recreation
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