Overview
What is Virginia Amateur Sports Inc?
Virginia Amateur Sports Inc, located in Roanoke, Virginia, is a nonprofit organization primarily focused on organizing and hosting amateur sports events. Their mission is centered around providing a platform for individuals to engage in competitive sports at an amateur level. The organization's activities revolve around the promotion and facilitation of such events, aiming to foster a sense of community and camaraderie among participants. There is no information provided on the size of their workforce or any additional initiatives or support services they may offer.
Official website here: www.commonwealthgames.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77%, Three-Star out of Four Star rating.
Virginia Amateur Sports Inc has received a Three-Star rating based on a score of 77%, which is derived solely from its Accountability & Finance metrics. The organization demonstrates a strong commitment to transparency and governance, evidenced by a fully independent board and thorough financial audits. However, the absence of a conflict of interest policy, whistleblower policy, and document retention policy indicates some areas needing improvement.
Despite its solid financial oversight and accountability measures, user feedback points to significant concerns regarding financial health. A review noted that the organization's gross margin is negative, which raises questions about its financial leadership and overall sustainability. This discrepancy between the Charity Navigator rating and user experiences suggests that while the organization meets certain governance standards, it may face challenges in effectively managing its financial resources.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Virginia Amateur Sports Inc legitimate?
Virginia Amateur Sports Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Virginia Amateur Sports 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: $106,446
Professional Fundraising Fees: $0
Other Salaries and Wages: $221,328
For more financial information, click here
Official website here: www.commonwealthgames.org
What is the mission statement of Virginia Amateur Sports Inc?
Virginia Amateur Sports Inc, as an organization, is dedicated to hosting amateur sporting events. Their primary goal is to facilitate competitive sports activities for participants, promoting a spirit of camaraderie and sportsmanship. By organizing these events, they aim to provide a platform for individuals to engage in their favorite sports, fostering a sense of community and personal growth. Virginia Amateur Sports Inc also works towards promoting the values of fair play and teamwork, contributing to the overall development of the sporting community.
Official website here: www.commonwealthgames.org
Who is the CEO of Virginia Amateur Sports Inc?
Mike Morris is the Treasurer of Virginia Amateur Sports Inc.
Official website here: www.commonwealthgames.org
What is the revenue of Virginia Amateur Sports Inc?
Virginia Amateur Sports Inc's revenue in 2023 was $550,783.
Official website here: www.commonwealthgames.org
Who are the executives of Virginia Amateur Sports Inc and what are their salaries?
The average compensation at Virginia Amateur Sports Inc during 2023 was $36,419. There are 9 employees and 1000 volunteers at Virginia Amateur Sports Inc.
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Official website here: www.commonwealthgames.org
Where can I find the form 990 for Virginia Amateur Sports Inc?
Virginia Amateur Sports Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.commonwealthgames.org
Learn more at the official website: www.commonwealthgames.org
Mission Statement of Virginia Amateur Sports Inc
Virginia Amateur Sports Inc, as a sports competition organization, is dedicated to promoting amateur sporting events. Their mission, in simple terms, is to facilitate and organize various sporting activities for individuals who participate on an amateur level. By focusing on amateur sporting events, Virginia Amateur Sports Inc contributes to the enjoyment and development of sports enthusiasts, providing a platform for individuals to showcase their skills and passion for sports.
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Impact
July, 2024
Virginia Amateur Sports Inc plays a vital role in promoting and facilitating amateur sporting events in Roanoke, VA. By organizing and hosting a variety of sports competitions, the organization not only provides recreational opportunities for individuals but also fosters a sense of community involvement and healthy competition. Additionally, Virginia Amateur Sports Inc contributes to the local economy by attracting participants and spectators to the area, thereby boosting tourism and generating revenue for businesses in Roanoke. Overall, the organization's impact can be seen in the positive effects it has on individuals' physical well-being, community engagement, and economic development in the region.
This information is meant to be a general summary of Virginia Amateur Sports 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 2023.
- Investment Income: $452
- Program Service Revenue: $169,403
- Gross Receipts: $618,348
Assets and Liabilities:
- Total Assets: $187,899
- Total Liabilities: $60,962
- Net Assets: $126,937
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ENTRY FEES
Revenue
$96,344
TICKET SALES
Revenue
$63,475
HOTEL COMMISSIONS
Revenue
$1,459
MERCHANDISE SALES
Revenue
$8,125
Organization Details
Founding Year
1989
Phone
(540) 343-0987Principal Officer
Mike Morris
Main Address
711 C FIFTH ST NE, ROANOKE, VA, 24016
Website
www.commonwealthgames.orgNTEE Category
Code: N60Z - Recreation
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