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Sports Virginia Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 541493226 ✦ White stone, VA ✦ Designated as a 501(c)(3)

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Overview

What is Sports Virginia Inc?

Sports Virginia Inc, established in White Stone, Virginia, functions as a dedicated service organization for the realm of amateur sports. It serves as a platform for various recreational and professional sports societies and associations, working tirelessly to promote their interests. Sports Virginia's mission extends beyond its White Stone base, contributing to the sports community at large.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 73%, earning a Two-Star out of Four Star rating.

Sports Virginia Inc has demonstrated some strengths in its governance and financial management, notably achieving perfect scores for its independent board members, board size, and the material diversion of assets. The organization has effectively documented board meeting minutes and maintained a favorable liabilities to assets ratio, contributing positively to its overall accountability and finance score.

However, the organization faces significant limitations, particularly in transparency and compliance with recommended governance practices. Key policies such as conflict of interest, whistleblower, and document retention policies are missing, which has negatively impacted its overall rating. Additionally, the absence of its tax form on the nonprofit's website raises concerns about transparency for potential donors and stakeholders.


This AI summary has been generated from information found on Charity Navigator.

Is Sports Virginia Inc legitimate?

Sports Virginia Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sports Virginia 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Sports Virginia Inc?

Sports Virginia Inc, serving as a service organization, is dedicated to supporting amateur sports. It helps represent and advocate for various recreation and sports professional societies and associations. The primary objective of Sports Virginia Inc is to foster a conducive environment for the growth and development of amateur sports. By doing so, it aims to promote camaraderie, health, and competition among individuals engaged in these activities. The organization does not provide specific details about its mission statement, but its primary focus remains on supporting and representing amateur sports.

Who is the CEO of Sports Virginia Inc?

Raymond Funkhouser is the President of Sports Virginia Inc.

What is the revenue of Sports Virginia Inc?

Sports Virginia Inc's revenue in 2022 was $33,924.

Who are the executives of Sports Virginia Inc and what are their salaries?


Here are 4 key members and their salaries:


Raymond Funkhouser (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lester Young (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Annette Sirica (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
James G Holdren Jr (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Sports Virginia Inc?

Sports Virginia Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Sports Virginia Inc

Sports Virginia, as a service organization, is dedicated to supporting and advocating for amateur sports. This nonprofit represents various professional societies and associations involved in recreation and sports. By serving as an intermediary, Sports Virginia aims to foster a collaborative environment and promote the growth and development of amateur sports. Although the information provided does not delve into the specifics of their activities or initiatives, it is clear that Sports Virginia plays a significant role in the amateur sports sector, advocating for and representing related professional societies and associations.

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Impact




August, 2024

Sports Virginia Inc's impact lies in its role as a service organization for amateur sports. It represents recreation and sports professional societies and associations, working to enhance the experience and opportunities for those participating in amateur sports. Located in White Stone, VA, Sports Virginia Inc plays a crucial role in supporting and promoting the growth and development of amateur sports in the local community and beyond. Through its initiatives and programs, Sports Virginia Inc contributes to the overall well-being and enrichment of individuals involved in amateur sports, fostering a culture of health, teamwork, and camaraderie.




This information is meant to be a general summary of Sports Virginia 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.

Revenue
$33,924 (2022)
Expenses
$42,075 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,195
  • Gross Receipts: $33,924

Assets and Liabilities:

  • Total Assets: $481,156
  • Total Liabilities: $0
  • Net Assets: $481,156

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Organization Details

Founding Year

1995

Principal Officer

Raymond Funkhouser

Main Address

PO BOX 713, WHITE STONE, VA, 225780713

NTEE Category

Code: N7XZ - Recreation

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