Civic Intelligence

Valley Athletic Association

990 • Fiscal year 2021 • EIN 23-7009995

Jan 01, 2021 to Dec 31, 2021 • Filed on Jun 07, 2022

PO Box 240462Saint Paul, MN 55124

(952) 432-5618

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

41st percentile

0.01x

Higher debt load relative to assets than 41% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Liabilities / Revenue

37th percentile

0.01x

Higher debt load relative to revenue than 37% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Net Margin

74th percentile

31%

Higher net margin than 74% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Top Officer Pay

52nd percentile

$0

Higher top officer pay than 52% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Asset Growth

87th percentile

66%

Faster asset growth than 87% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Revenue Growth

91st percentile

157%

Faster revenue growth than 91% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Assets

Up

$475,409

Up $189,104 (+66%) from 2020

Net Assets

Up

$471,886

Up $189,071 (+67%) from 2020

Liabilities

Up

$3,523

Up $33 (+0.9%) from 2020

Revenue

Up

$610,697

Up $373,523 (+157%) from 2020

Expenses

Up

$421,626

Up $149,495 (+55%) from 2020

Net Income

Up

$189,071

Up $224,028 (+641%) from 2020

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$800K$600K$400K$200K$0Assets 2014: $375,846Liabilities 2014: $345Net Assets 2014: $375,5012014Assets 2015: $349,572Liabilities 2015: $432Net Assets 2015: $349,1402015Assets 2016: $402,180Liabilities 2016: $632Net Assets 2016: $401,5482016Assets 2017: $242,477Liabilities 2017: $550Net Assets 2017: $241,9272017Assets 2018: $290,217Liabilities 2018: $553Net Assets 2018: $289,6642018Assets 2019: $318,318Liabilities 2019: $546Net Assets 2019: $317,7722019Assets 2020: $286,305Liabilities 2020: $3,490Net Assets 2020: $282,8152020Assets 2021: $475,409Liabilities 2021: $3,523Net Assets 2021: $471,8862021Assets 2022: $524,755Liabilities 2022: $83Net Assets 2022: $524,6722022Assets 2023: $612,292Liabilities 2023: $182Net Assets 2023: $612,1102023Assets 2024: $628,546Liabilities 2024: $19,653Net Assets 2024: $608,8932024

Highlighted filing

2021

Assets$475,409
Liabilities$3,523
Net Assets$471,886

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0-$500KRevenue 2014: $790,436Expenses 2014: $817,671Net Income 2014: -$27,2352014Revenue 2015: $815,203Expenses 2015: $841,564Net Income 2015: -$26,3612015Revenue 2016: $883,267Expenses 2016: $830,859Net Income 2016: $52,4082016Revenue 2017: $592,569Expenses 2017: $752,190Net Income 2017: -$159,6212017Revenue 2018: $466,862Expenses 2018: $419,125Net Income 2018: $47,7372018Revenue 2019: $469,018Expenses 2019: $440,910Net Income 2019: $28,1082019Revenue 2020: $237,174Expenses 2020: $272,131Net Income 2020: -$34,9572020Revenue 2021: $610,697Expenses 2021: $421,626Net Income 2021: $189,0712021Revenue 2022: $593,130Expenses 2022: $543,386Net Income 2022: $49,7442022Revenue 2023: $727,498Expenses 2023: $640,003Net Income 2023: $87,4952023Revenue 2024: $729,723Expenses 2024: $732,939Net Income 2024: -$3,2162024

Highlighted filing

2021

Revenue$610,697
Expenses$421,626
Net Income$189,071
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Jun 7, 2022
Return Version
2021v4.0
Gross Receipts
$616,941
Mission and Program Overview

Mission

Providing athletic opportunities to children

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$146,576$197,121▲ $50,545
Cash and Non-Interest-Bearing Accounts$45,600$184,159▲ $138,559
Land, Buildings, and Equipment, Net$94,129$94,129→ $0
Total Assets$286,305$475,409▲ $189,104
Liabilities
Other Liabilities$3,490$3,523▲ $33
Total Liabilities$3,490$3,523▲ $33
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$282,815$471,886▲ $189,071
Total Net Assets Fund Balance$282,815$471,886▲ $189,071
Total Liabilities and Net Assets / Fund Balance$286,305$475,409▲ $189,104

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$94,129--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Jason HillPresident
Andy WeaverDirector
Brian SchlichtingDirector
Gena WesselDirector
Jeremy JacksonDirector
Jessica ShepherdDirector
Kylie PetersonDirector
Lydia MooreDirector
Michael JacobsonDirector
Monique KornDirector
Tylan WardDirector
David LaddDriector
Jessi FriendshuhSecretary
Sessi KomianviTreasurer
David KoobVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$33,386
Program Service Revenue
$536,101
Investment Income
$544
Other Revenue
$40,666
All Other Contributions
$18,386
Change in Net Assets
$189,071
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$407,557
Salaries, Compensation, and Employee Benefits$14,069
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$54,021$26,709-$80,730
Other Expenses$39,104--$39,104
Payment Travel Entrtnmnt Publicly Ofcl-$23,052-$23,052
Insurance-$20,178-$20,178
Other Salaries and Wages-$13,049-$13,049
Fees for Services Accounting-$5,387-$5,387
Office Expenses-$3,059-$3,059
Information Technology-$2,271-$2,271
Payroll Taxes-$1,020-$1,020
Fees for Services Other$750--$750
Conferences and Meetings-$405-$405
Advertising-$146-$146
Total Functional Expenses$326,350$95,276$0$421,626
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$46,910
Fundraising Direct Expenses$6,244
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fundraising Inc$46,910$46,910$6,244$40,666
Total Events$46,910$46,910$6,244$40,666
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Sba Ppp Loan$3,042
Payroll Liabilities$481
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

Tax return is provided to all board members for review prior to filing

Form 990, Page 6, Part VI, Line 19

ON REQUEST

Filing and Contact Details

Filer

Filer Name
Valley Athletic Association
EIN
23-7009995
Phone
9524325618
Address
PO BOX 240462, SAINT PAUL, MN 55124

Signing Officer

Name
Jason Hill
Title
President
Phone
9524325618
Signed
2022-06-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jason Hill
Formed
1969
Legal Domicile
Mn
Voting Board Members
15
Independent Board Members
15
Employees
1
Volunteers
100

Preparer

Firm
Valley Accounting & Tax
Address
7300 147TH ST STE 100, APPLE VALLEY, MN 55124-7538
Preparer
Ed Mcnamara
Phone
9524323140
Supplemental Narrative

Additional Explanations

Form 990

Impact of covid 19 and ability to timely file. Vaa had to cancel most programs under minnesota governor emergency orders vaa had to maintain social distancing requirements vaa has filed their return as quickly as possible due to covid 19

Form 990, Page 1, Part I, Line 6

COACHES, ORGANIZERS

Form 990, Part IX, Line 24E

Other office and mgmt 0 26,709 0 coaching/clinic/evaluator 20,656 0 0 trophies/awards 17,128 0 0 concession supplies 5,534 0 0 dues and membership 4,267 0 0 special events 3,839 0 0 registration expense 2,597 0 0 total 54,021 26,709 0

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IRS990/SavingsAndTempCashInvstGrp/EOYAmt0197121
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt033386
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt08035
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt010968
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt018024
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt012241
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt082654
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0544
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0543
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0546
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0540
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0514
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt02687
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0583555
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0235539
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0464988
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0451838
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0579815
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt02315735
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0544
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0543
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0546
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0540
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0514
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt02687
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99890
IRS990ScheduleA/PublicSupportPY509Pct00.99910
IRS990ScheduleA/PublicSupportTotal509Amt02398389
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0616941
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0243574
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0475956
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0469862
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0592056
IRS990ScheduleA/Total509Grp/TotalAmt02398389
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0617485
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0244117
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0476502
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0470402
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0592570
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02401076
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt094129
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt094129
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt03042
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1481
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SBA PPP LOAN
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1PAYROLL LIABILITIES
IRS990ScheduleD/TotalBookValueLandBuildingsAmt094129
IRS990ScheduleD/TotalLiabilityAmt03523
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt06244
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0FUNDRAISING INC
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt046910
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt046910
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt046910
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt046910
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt040666
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt06244
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt06244
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0IMPACT OF COVID 19 AND ABILITY TO TIMELY FILE. VAA HAD TO CANCEL MOST PROGRAMS UNDER MINNESOTA GOVERNOR EMERGENCY ORDERS VAA HAD TO MAINTAIN SOCIAL DISTANCING REQUIREMENTS VAA HAS FILED THEIR RETURN AS QUICKLY AS POSSIBLE DUE TO COVID 19
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1COACHES, ORGANIZERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2TAX RETURN IS PROVIDED TO ALL BOARD MEMBERS FOR REVIEW PRIOR TO FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4OTHER OFFICE AND MGMT 0 26,709 0 COACHING/CLINIC/EVALUATOR 20,656 0 0 TROPHIES/AWARDS 17,128 0 0 CONCESSION SUPPLIES 5,534 0 0 DUES AND MEMBERSHIP 4,267 0 0 SPECIAL EVENTS 3,839 0 0 REGISTRATION EXPENSE 2,597 0 0 TOTAL 54,021 26,709 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 1, PART I, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 24E
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MN
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0286305
IRS990/TotalAssetsEOYAmt0475409
IRS990/TotalAssetsGrp/BOYAmt0286305
IRS990/TotalAssetsGrp/EOYAmt0475409
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt033386
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt095276
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0326350
IRS990/TotalFunctionalExpensesGrp/TotalAmt0421626
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt03490
IRS990/TotalLiabilitiesEOYAmt03523
IRS990/TotalLiabilitiesGrp/BOYAmt03490
IRS990/TotalLiabilitiesGrp/EOYAmt03523
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0282815
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0471886
IRS990/TotalProgramServiceExpensesAmt0326350
IRS990/TotalProgramServiceRevenueAmt0536101
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0536645
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0610697
IRS990/TotalVolunteersCnt0100
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0286305
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0475409
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationAssocInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 240462
IRS990/USAddress/CityNm0ST PAUL
IRS990/USAddress/StateAbbreviationCd0MN
IRS990/USAddress/ZIPCd055124
IRS990/VotingMembersGoverningBodyCnt015
IRS990/VotingMembersIndependentCnt015
IRS990/WebsiteAddressTxt0WWW.VAASPORTS.ORG
IRS990/WhistleblowerPolicyInd0false

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