Civic Intelligence

Southern Sand Volleyball Academy

EIN 46-3448082 • 501(c)3 • Cary, NC

Profile

We offer junior beach volleyball programs including instructor-led training, clinics, and tournaments.

105 New Boca WayCary, NC 27518

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

74th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

NTEE N60 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

75th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

NTEE N60 • <$500k nonprofits • Source year 2024

Net Margin

49th percentile

5.9%

Higher net margin than 49% of similar nonprofits.

NTEE N60 • <$500k nonprofits • Source year 2024

Top Officer Pay

100th percentile

$71,541

Higher top officer pay than 100% of similar nonprofits.

Top officer pay equals 17.2% of source-year revenue.

NTEE N60 • <$500k nonprofits • Source year 2024

Asset Growth

59th percentile

15%

Faster asset growth than 59% of similar nonprofits.

NTEE N60 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

74th percentile

30%

Faster revenue growth than 74% of similar nonprofits.

NTEE N60 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Up

$186,045

Up $24,744 (+15%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$186,045

Up $24,744 (+15%) from 2023

Revenue

Up

$415,973

Up $95,714 (+30%) from 2023

Expenses

Up

$391,229

Up $63,292 (+19%) from 2023

Net Income

Up

$24,744

Up $32,422 (+422%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$200K$150K$100K$50K$0Assets 2014: $137,582Liabilities 2014: $34,5622014Assets 2015: $144,749Liabilities 2015: $29,0352015Assets 2016: $126,832Liabilities 2016: $02016Assets 2017: $130,798Liabilities 2017: $0Net Assets 2017: $130,7982017Assets 2018: $117,379Liabilities 2018: $0Net Assets 2018: $117,3792018Assets 2019: $143,490Liabilities 2019: $0Net Assets 2019: $143,4902019Assets 2020: $149,554Liabilities 2020: $0Net Assets 2020: $149,5542020Assets 2021: $145,646Liabilities 2021: $0Net Assets 2021: $145,6462021Assets 2022: $168,979Liabilities 2022: $0Net Assets 2022: $168,9792022Assets 2023: $161,301Liabilities 2023: $0Net Assets 2023: $161,3012023Assets 2024: $186,045Liabilities 2024: $0Net Assets 2024: $186,0452024

Highlighted filing

2024

Assets$186,045
Liabilities$0
Net Assets$186,045

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$600K$400K$200K$0-$200KRevenue 2014: $133,638Expenses 2014: $30,618Net Income 2014: $103,0202014Revenue 2015: $167,568Expenses 2015: $142,012Net Income 2015: $25,5562015Revenue 2016: $194,001Expenses 2016: $182,883Net Income 2016: $11,1182016Revenue 2017: $216,994Expenses 2017: $213,028Net Income 2017: $3,9662017Revenue 2018: $212,752Expenses 2018: $226,171Net Income 2018: -$13,4192018Revenue 2019: $242,349Expenses 2019: $226,897Net Income 2019: $15,4522019Revenue 2020: $227,396Expenses 2020: $219,982Net Income 2020: $7,4142020Revenue 2021: $320,661Expenses 2021: $251,532Net Income 2021: $69,1292021Revenue 2022: $332,482Expenses 2022: $309,149Net Income 2022: $23,3332022Revenue 2023: $320,259Expenses 2023: $327,937Net Income 2023: -$7,6782023Revenue 2024: $415,973Expenses 2024: $391,229Net Income 2024: $24,7442024

Highlighted filing

2024

Revenue$415,973
Expenses$391,229
Net Income$24,744

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 12, 2025
Return Version
2024v5.2
Gross Receipts
$415,973
Mission and Program Overview

Mission

We offer junior beach volleyball programsincluding instructor-led training, clinics, leagues and tournaments.

We offer junior beach volleyball programs including instructor-led training, clinics, and tournaments.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$161,301$186,045▲ $24,744
Savings and Temporary Cash Investments$127,864$119,744▼ $8,120
Land, Buildings, and Equipment, Net$20,121$64,525▲ $44,404
Investments in Publicly Traded Securities$11,208$0▼ $11,208
Cash and Non-Interest-Bearing Accounts$2,108$1,776▼ $332
Total Assets$161,301$186,045▲ $24,744
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$161,301$186,045▲ $24,744
Total Liabilities and Net Assets / Fund Balance$161,301$186,045▲ $24,744

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$64,278$116,351$180,629
Equipment$247$6,675$6,922
Land$0--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
John LysikChairFT$71,541$71,541
Mark NalevankoVice ChairFT$62,085$62,085
Jeffifer MooreProgram Advisor-$1,250$1,250

Board Members and Trustees

NameTitle
Edmund J PlaczkowskiFinancial Advisor
Keith BoutwellMarketing Advisor
Revenue and Support

Revenue Composition

Contributions and Grants
$23,026
Program Service Revenue
$391,547
Investment Income
$0
Other Revenue
$1,400
All Other Contributions
$8,000
Change in Net Assets
$24,744
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$226,098
Other Expenses$155,529
Grants and Similar Amounts Paid$9,602
Total Fundraising Expense$1,325
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$173,901$22,539$1,186$197,626
Fees for Services Other$65,955$0$0$65,955
Office Expenses$2,425$15,149$0$17,574
Other Employee Benefits$0$14,501$0$14,501
Payroll Taxes$12,155$1,677$139$13,971
Depreciation Depletion$0$12,188$0$12,188
Grants to Domestic Orgs$7,445--$7,445
All Other Expenses$7,201$0$0$7,201
Occupancy$0$5,027$0$5,027
Grants to Domestic Individuals$2,157--$2,157
Travel$1,544$0$0$1,544
Information Technology$0$1,303$0$1,303
Fees for Services Accounting$0$726$0$726
Other Expenses$0$487$0$487
Total Functional Expenses$293,285$96,619$1,325$391,229
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Adult Sand Volleyball Charity Event$15,026$15,026-$15,026
Total Events$15,026$15,026-$15,026
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
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Southern Sand Volleyball Academy
EIN
46-3448082
Phone
9197149901
Address
105 NEW BOCA WAY, CARY, NC 27518

Signing Officer

Name
John J Lysik
Title
President
Phone
9197149901
Signed
2025-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John J Lysik
Formed
2013
Legal Domicile
Nc
Voting Board Members
5
Independent Board Members
3
Employees
3
Volunteers
24

Preparer

Firm
Sandhills Accounting Service
Address
675 S Bennett St Suite 3, Southern Pines, NC 28387
Preparer
Edmund J Placzkowski III
Phone
9106950147
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

A copy of the complete tax return and any supporting documents are kept in a Google Drive folder and all members of the governing body are asked to review and provide comments, including asking for clarification and additional information if required. This process was followed for review of this 2023 return.

Pt VI, Line 12C

The Conflict of Interest policy is reviewed and discussed at every Board Meeting and all members are encouraged to openly discuss and disclose any possible arrangements that would be in violation of this policy.

Pt VI, Line 19

The Organization does make all of its key documents - including but not limited to the governing documents, Conflict of Interest policy, and all financial statements - available to the public and these are available upon request which can be done via phone, email, or in person.

Pt VI, Line 15A

The compensation for Executives - Chair and Co-chair roles - is reviewed annually based on operations and comparative market value to similiar organizations.

Other

Schedule D, Part VI #1e: Other is for Land improvements mainly lighting for the courts and fencing and sand.

Other

Part IX, Row 24e Other Expenses: Apparel/Uniform Purchases = $9,004 > Program Service Expenses = $9,004; General/Management Expenses = $0; Fundraising Expenses = $0;

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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt00
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt03473
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt05600
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt042084
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A copy of the complete tax return and any supporting documents are kept in a Google Drive folder and all members of the governing body are asked to review and provide comments, including asking for clarification and additional information if required. This process was followed for review of this 2023 return.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Conflict of Interest policy is reviewed and discussed at every Board Meeting and all members are encouraged to openly discuss and disclose any possible arrangements that would be in violation of this policy.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Organization does make all of its key documents - including but not limited to the governing documents, Conflict of Interest policy, and all financial statements - available to the public and these are available upon request which can be done via phone, email, or in person.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The compensation for Executives - Chair and Co-chair roles - is reviewed annually based on operations and comparative market value to similiar organizations.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Schedule D, Part VI #1e: Other is for Land improvements mainly lighting for the courts and fencing and sand.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Part IX, Row 24e Other Expenses: Apparel/Uniform Purchases = $9,004 > Program Service Expenses = $9,004; General/Management Expenses = $0; Fundraising Expenses = $0;
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 12c
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