Civic Intelligence

Great Valley Community Organization

990 • Fiscal year 2022 • EIN 26-1139318

Oct 01, 2021 to Sep 30, 2022 • Filed on Jul 06, 2023

51 N Bacton Hill RdMalvern, PA 19355

(610) 990-6168

Siviq Scores

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

Liabilities / Assets

43rd percentile

0.04x

Higher debt load relative to assets than 43% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

52nd percentile

0.09x

Higher debt load relative to revenue than 52% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

75th percentile

25%

Higher net margin than 75% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

39th percentile

$0

Higher top officer pay than 39% of similar nonprofits.

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

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

67th percentile

10%

Faster asset growth than 67% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

84th percentile

59%

Faster revenue growth than 84% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Assets

Up

$1,434,618

Up $131,901 (+10%) from 2021

Net Assets

Up

$1,383,971

Up $141,363 (+11%) from 2021

Liabilities

Down

$50,647

Down $9,462 (-16%) from 2021

Revenue

Up

$564,379

Up $209,349 (+59%) from 2021

Expenses

Up

$423,019

Up $83,120 (+24%) from 2021

Net Income

Up

$141,360

Up $126,229 (+834%) from 2021

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2011: $117,722Liabilities 2011: $108,016Net Assets 2011: $9,7062011Assets 2015: $103,371Liabilities 2015: $3,000Net Assets 2015: $100,3712015Assets 2016: $287,307Liabilities 2016: $741Net Assets 2016: $286,5662016Assets 2017: $531,063Liabilities 2017: $4,953Net Assets 2017: $526,1102017Assets 2018: $659,058Liabilities 2018: $5,272Net Assets 2018: $653,7862018Assets 2019: $1,211,451Liabilities 2019: $17,970Net Assets 2019: $1,193,4812019Assets 2020: $1,259,271Liabilities 2020: $34,889Net Assets 2020: $1,224,3822020Assets 2021: $1,302,717Liabilities 2021: $60,109Net Assets 2021: $1,242,6082021Assets 2022: $1,434,618Liabilities 2022: $50,647Net Assets 2022: $1,383,9712022Assets 2023: $4,880,962Liabilities 2023: $2,892,324Net Assets 2023: $1,988,6382023Assets 2024: $5,617,953Liabilities 2024: $3,310,987Net Assets 2024: $2,306,9662024

Highlighted filing

2022

Assets$1,434,618
Liabilities$50,647
Net Assets$1,383,971

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2011: $330,7372011Revenue 2015: $378,887Expenses 2015: $326,379Net Income 2015: $52,5082015Revenue 2016: $665,258Expenses 2016: $479,062Net Income 2016: $186,1962016Revenue 2017: $935,358Expenses 2017: $695,813Net Income 2017: $239,5452017Revenue 2018: $963,450Expenses 2018: $835,773Net Income 2018: $127,6772018Revenue 2019: $1,179,535Expenses 2019: $637,576Net Income 2019: $541,9592019Revenue 2020: $451,651Expenses 2020: $474,470Net Income 2020: -$22,8192020Revenue 2021: $355,030Expenses 2021: $339,899Net Income 2021: $15,1312021Revenue 2022: $564,379Expenses 2022: $423,019Net Income 2022: $141,3602022Revenue 2023: $1,064,156Expenses 2023: $459,489Net Income 2023: $604,6672023Revenue 2024: $1,020,250Expenses 2024: $701,922Net Income 2024: $318,3282024

Highlighted filing

2022

Revenue$564,379
Expenses$423,019
Net Income$141,360
Jump To
Filing Snapshot
Filing Period
Oct 1, 2021 to Sep 30, 2022
Signed
Jul 6, 2023
Return Version
2021v4.2
Gross Receipts
$583,993
Mission and Program Overview

Mission

The great valley community organization helps build a strong, vibrant, and connected community by providing facilities, activities and programs enriching the lives of all residents. The vision of great valley community organization is to evolve gvco from one of the area's premier sports/recreational programs to a world-class community resource that delivers a broad range of sports, educational, arts, recreational and senior programs that address key community needs.

The great valley community organization helps build a strong, vibrant, and connected community by providing facilities, activities and programs enriching the lives of all residents.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$990,076$1,002,140▲ $12,064
Cash and Non-Interest-Bearing Accounts$93,581$160,478▲ $66,897
Prepaid Expenses and Deferred Charges$219,060$19,898▼ $199,162
Total Assets$1,302,717$1,434,618▲ $131,901
Other Assets Total$0$252,102▲ $252,102
Liabilities
Deferred Revenue$35,510$46,052▲ $10,542
Other Liabilities$15,520$0▼ $15,520
Accounts Payable and Accrued Expenses$9,079$4,595▼ $4,484
Total Liabilities$60,109$50,647▼ $9,462
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$953,026$1,330,719▲ $377,693
Net Assets With Donor Restrictions$289,582$53,252▼ $236,330
Total Net Assets Fund Balance$1,242,608$1,383,971▲ $141,363
Total Liabilities and Net Assets / Fund Balance$1,302,717$1,434,618▲ $131,901

Asset Categories

AssetBook ValueDepreciationBasis
Land$984,164-$984,164
Other Land Buildings$17,976$35,984$53,960
Other Assets Org$252,102--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Thomas CurranChairman/secretary
Bud HalyDirector
Dennis ZatlinDirector
Drew AllevaDirector
Harry DidonatoDirector
Robert CottoneDirector
Keith WalshExecutive Director
Revenue and Support

Revenue Composition

Contributions and Grants
$239,663
Program Service Revenue
$308,758
Investment Income
$240
Other Revenue
$15,718
Change in Net Assets
$141,360
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$329,206
Salaries, Compensation, and Employee Benefits$93,813
Total Fundraising Expense$2,232
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management-$58,432-$58,432
Current Officers, Directors, Trustees, and Key Employees-$34,000-$34,000
Other Employee Benefits-$32,519-$32,519
Other Salaries and Wages-$22,594-$22,594
Office Expenses-$15,770-$15,770
Insurance-$13,183-$13,183
Fees for Services Accounting-$4,950-$4,950
Information Technology-$4,771-$4,771
Payroll Taxes-$4,700-$4,700
Advertising-$4,397-$4,397
Occupancy-$2,500-$2,500
Other Expenses$0$0$2,232$2,232
Depreciation Depletion-$1,937-$1,937
Total Functional Expenses$221,034$199,753$2,232$423,019
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$35,332
Fundraising Direct Expenses$19,614
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
MONTE CARLO "CASINO NIGHT"$35,332$35,332$19,614$15,718
Total Events$35,332$35,332$19,614$15,718
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
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, Part VI, Section B, Line 11B

At the board meeting, the 990 is reviewed along with the financial statements of the organization

Form 990, Part VI, Section C, Line 18

Upon request the organization will provide the information

Form 990, Part VI, Section C, Line 19

Upon request the organization will provide copies of its 990 for inspection

Filing and Contact Details

Filer

Filer Name
Great Valley Community Organization
EIN
26-1139318
Phone
6109906168
Address
51 N BACTON HILL RD, MALVERN, PA 19355

Signing Officer

Name
Keith Walsh
Title
Executive Director
Phone
6107167332
Signed
2023-07-06

Organization Details

Principal Officer
Keith Walsh
Formed
2005
Legal Domicile
Pa
Voting Board Members
7
Independent Board Members
0
Employees
5
Volunteers
200

Preparer

Firm
SCOTT A MILLER & CO CPA'S PLLC
Address
605 LAKESIDE DRIVE, SOUTHAMPTON, PA 18966
Preparer
Kevin a Fischer CPA
Phone
2153644458
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

ROUNDING ADJUSTMENET 2.

Raw XML Appendix397 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Desc0GVCO WAS FORMED 20 PLUS YEARS AGO AS A SMALL BASKETBALL LEAGUE FOR 60 CHILDREN. TODAY WE HAVE OVER 5,500 FAMILIES PARTICIPATING IN OUR PROGRAMMING. THE GREAT VALLEY COMMUNITY ORGANIZATION IS A VOLUNTEER DRIVEN ORGANIZATION HELPING TO BUILD A STRONG, VIBRANT AND CONNECTED COMMUNITY THROUGH YOUTH BASKETBALL, FOOTBALL, CHEERLEADING, AND CREW, AS WELL AS PICKLE BALL, DANCE CLASSES, SUMMER CAMPS/CLINICS, SPECIAL NEEDS SPORTS PROGRAMS, ARTS PROGRAMS, EDUCATION AND TUTORING PROGRAMS, STUDENT COMMUNITY OUTREACH, AND COMMUNITY PARTNERSHIPS WITH SPCA, HOME OF THE SPARROW, AND CRADLES TO CRAYONS.
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IRS990ScheduleA/InvestmentIncomeCYPct00.00170
IRS990ScheduleA/InvestmentIncomePYPct00.00150
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99830
IRS990ScheduleA/PublicSupportPY509Pct00.99850
IRS990ScheduleA/PublicSupportTotal509Amt01815967
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0247939
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt074438
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0201282
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0670715
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0621593
IRS990ScheduleA/Total509Grp/TotalAmt01815967
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0247939
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt077533
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0201282
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0670715
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0621593
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01819062
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/LandGrp/BookValueAmt0984164
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0984164
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0252102
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0BUILDING CONSTRUCTION IN PROGRESS
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt017976
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt035984
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt053960
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01002140
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0252102
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt019614
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0MONTE CARLO "CASINO NIGHT"
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt035332
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt035332
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt035332
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt035332
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt015718
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt019614
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt019614
IRS990ScheduleG/SpecialFundraisingEventsInd0X
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0AT THE BOARD MEETING, THE 990 IS REVIEWED ALONG WITH THE FINANCIAL STATEMENTS OF THE ORGANIZATION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1UPON REQUEST THE ORGANIZATION WILL PROVIDE THE INFORMATION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2UPON REQUEST THE ORGANIZATION WILL PROVIDE COPIES OF ITS 990 FOR INSPECTION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ROUNDING ADJUSTMENET 2.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XI, LINE 9:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0PA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01302717
IRS990/TotalAssetsEOYAmt01434618
IRS990/TotalAssetsGrp/BOYAmt01302717
IRS990/TotalAssetsGrp/EOYAmt01434618
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0239663
IRS990/TotalEmployeeCnt05
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt02232
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0199753
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0221034
IRS990/TotalFunctionalExpensesGrp/TotalAmt0423019
IRS990/TotalGrossUBIAmt0240
IRS990/TotalLiabilitiesBOYAmt060109
IRS990/TotalLiabilitiesEOYAmt050647
IRS990/TotalLiabilitiesGrp/BOYAmt060109
IRS990/TotalLiabilitiesGrp/EOYAmt050647
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01242608
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01383971
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0221034
IRS990/TotalProgramServiceRevenueAmt0308758
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt015718
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0308758
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0564379
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt0240
IRS990/TotalVolunteersCnt0200
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01302717
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01434618
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt051 N BACTON HILL RD
IRS990/USAddress/CityNm0MALVERN
IRS990/USAddress/StateAbbreviationCd0PA
IRS990/USAddress/ZIPCd019355
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0WWW.GVCO.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0KEITH WALSH
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum06107167332
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-07-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GREAT VALLEY COMMUNITY ORGANIZATION
ReturnHeader/Filer/BusinessNameControlTxt0GREA
ReturnHeader/Filer/EIN0261139318
ReturnHeader/Filer/PhoneNum06109906168
ReturnHeader/Filer/USAddress/AddressLine1Txt051 N BACTON HILL RD
ReturnHeader/Filer/USAddress/CityNm0MALVERN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0PA
ReturnHeader/Filer/USAddress/ZIPCd019355
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0921280701
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SCOTT A MILLER & CO CPA'S PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0605 LAKESIDE DRIVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SOUTHAMPTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd018966
ReturnHeader/PreparerPersonGrp/PhoneNum02153644458
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KEVIN A FISCHER CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02023-07-06T10:11:13-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0KEITH
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0WALSH
ReturnHeader/TaxPeriodBeginDt02021-10-01
ReturnHeader/TaxPeriodEndDt02022-09-30
ReturnHeader/TaxYr02021

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