Liabilities / Assets
86th percentile
Higher debt load relative to assets than 86% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.33x
Liabilities / Revenue
79th percentile
Higher debt load relative to revenue than 79% of similar nonprofits.
Net Margin
27th percentile
Higher net margin than 27% of similar nonprofits.
Top Officer Pay
75th percentile
Higher top officer pay than 75% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
9th percentile
Faster asset growth than 9% of similar nonprofits.
Revenue Growth
14th percentile
Faster revenue growth than 14% of similar nonprofits.
Balance Sheet
Assets
Down$7,990
Down $7,494 (-48%) from 2015
Net Assets
$5,320
No earlier filing loaded for comparison.
Liabilities
Down$2,670
Down $4,791 (-64%) from 2015
Revenue And Expenses
Revenue
Down$37,930
Down $21,956 (-37%) from 2015
Expenses
Down$40,633
Down $11,230 (-22%) from 2015
Net Income
Down-$2,703
Down $10,726 (-134%) from 2015
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jul 1, 2015 to Jun 30, 2016
- Signed
- Feb 10, 2017
- Return Version
- 2015v3.0
- Gross Receipts
- $37,930
Mission and Program Overview
Mission
(a)To support and foster local and national participation in amateur sports competition, particularly youth volleyball.(b)To develop, promote, and regulate youth sports, particularly youth volleyball, as a means to combat juvenile delinquency and to lessen the burdens of government.(c)To raise funds and provide educational, charitable, volunteer, and consulting support to amateur sports, particularly volleyball, in the Northern Colorado region through direct participation, grants, and similar programs.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| To develop, promote, and regulate youth sports, particularly youth volleyball, as a means to combat juvenile delinquency and to lessen the burdens of government.To raise funds and provide educational, charitable, volunteer, and consulting support to amateur sports, particularly volleyball, in the Northern Colorado region through direct participation, grants, and similar programs. | $34,446 | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| HERMIE CORNS | Chief Executive | PT | $0 | - | - |
| LEAH TALKINGTON-ROBERTS | Board Member | PT | $0 | - | - |
| ANSLEY DILEE GARNETT | Board Member | PT | $0 | - | - |
| ALEXANDRA M WIECHERS | Secretary | PT | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Legacy Volleyball Academy
- EIN
- 47-1125428
- Phone
- 9702236563
- Address
- 5013 SWITCHGRASS COURT, FORT COLLINS, CO 80525
Signing Officer
- Name
- Hermie Corns
- Title
- Director
- Signed
- 2017-02-10
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Wolfe Van Ackern & Cuypers Llp
- Address
- 1008 CENTRE AVE, FORT COLLINS, CO 80526-2089
- Preparer
- Gabriela Maja
- Phone
- 9704938787
Supplemental Narrative
Additional Explanations
Other Revenue.1
“INTEREST INCOME $1”
Other Expenses.1001
“Advertising and Promotion $130”
Other Expenses.1002
“Office Expenses $566”
Other Expenses.1012
“Insurance $1810”
Other Expenses.1
“COURT RENTAL $10348”
Other Expenses.2
“EQUIPMENT $1692”
Other Expenses.3
“SHIRTS $1597”
Other Expenses.4
“MERCHANT FEES $1460”
Other Expenses.6
“Outside contract services $245”
Other Expenses.7
“SUPPLIES $135”
Other Expenses.8
“Meals and entertainment $92”
Other Expenses.9
“MILEAGE AND PARKING $78”
Other Expenses.10
“BANK FEES $58”
Other Expenses.11
“Business registration $50”
Total Liabilities.1001
“Accounts Payable and Accrued Expenses - Beginning $687 Accounts Payable and Accrued Expenses - Ending $120”
Total Liabilities.1006
“Payable to Officers, Directors, Etc. - Beginning $5000 Payable to Officers, Directors, Etc. - Ending $0”
Total Liabilities.1
“PAYROLL LIABILITIES - Beginning $1774 PAYROLL LIABILITIES - Ending $2550”
Raw XML Appendix168 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.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | GM BOOKKEEPING PAYROLL SERVI |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 9703104482 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 4245 BOARDWALK DRIVE UNIT F8 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | FORT COLINS |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | CO |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 80525 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 15484 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 7990 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 1000 |
| IRS990EZ/CostOfGoodsSoldAmt | 0 | 0 |
| IRS990EZ/CostOrOtherBasisExpenseSaleAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -2703 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 1195 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form720FiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 15484 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 7990 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 0 |
| IRS990EZ/GrossReceiptsAmt | 0 | 37930 |
| IRS990EZ/GrossReceiptsForPublicUseAmt | 0 | 0 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/InitiationFeesAndCapContriAmt | 0 | 0 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 8023 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 5320 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 8023 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 5320 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 30.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 5.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 5.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 5.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | HERMIE CORNS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | LEAH TALKINGTON-ROBERTS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | ANSLEY DILEE GARNETT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | ALEXANDRA M WIECHERS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | CHIEF EXECUTIVE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | BOARD MEMBER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | BOARD MEMBER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | SECRETARY |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationFiled990TInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 18261 |
| IRS990EZ/OtherRevenueTotalAmt | 0 | 1 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | (a)To support and foster local and national participation in amateur sports competition, particularly youth volleyball.(b)To develop, promote, and regulate youth sports, particularly youth volleyball, as a means to combat juvenile delinquency and to lessen the burdens of government.(c)To raise funds and provide educational, charitable, volunteer, and consulting support to amateur sports, particularly volleyball, in the Northern Colorado region through direct participation, grants, and similar programs. |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 368 |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 36929 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | To develop, promote, and regulate youth sports, particularly youth volleyball, as a means to combat juvenile delinquency and to lessen the burdens of government.To raise funds and provide educational, charitable, volunteer, and consulting support to amateur sports, particularly volleyball, in the Northern Colorado region through direct participation, grants, and similar programs. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 34446 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/RelatedOrgSect527OrgInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 20809 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 0 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 7461 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 2670 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 40633 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 34446 |
| IRS990EZ/TotalRevenueAmt | 0 | 37930 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/First5Years509Ind | 0 | X |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 1000 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 1000 |
| IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00000 |
| IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/OtherIncome509Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/Post1975UBTIGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 0.00000 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 1000 |
| IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 1000 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 1000 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 1000 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 1000 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | INTEREST INCOME $1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Advertising and Promotion $130 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Office Expenses $566 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Insurance $1810 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | COURT RENTAL $10348 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | EQUIPMENT $1692 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | SHIRTS $1597 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | MERCHANT FEES $1460 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | OUTSIDE CONTRACT SERVICES $245 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 9 | SUPPLIES $135 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 10 | MEALS AND ENTERTAINMENT $92 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 11 | MILEAGE AND PARKING $78 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 12 | BANK FEES $58 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 13 | BUSINESS REGISTRATION $50 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 14 | Accounts Payable and Accrued Expenses - Beginning $687 Accounts Payable and Accrued Expenses - Ending $120 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 15 | Payable to Officers, Directors, Etc. - Beginning $5000 Payable to Officers, Directors, Etc. - Ending $0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 16 | PAYROLL LIABILITIES - Beginning $1774 PAYROLL LIABILITIES - Ending $2550 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Other Revenue.1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Other Expenses.1001 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Other Expenses.1002 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Other Expenses.1012 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Other Expenses.1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Other Expenses.2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | Other Expenses.3 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | Other Expenses.4 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | Other Expenses.6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 9 | Other Expenses.7 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 10 | Other Expenses.8 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 11 | Other Expenses.9 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 12 | Other Expenses.10 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 13 | Other Expenses.11 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 14 | Total Liabilities.1001 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 15 | Total Liabilities.1006 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 16 | Total Liabilities.1 |
| ReturnHeader/BuildTS | 0 | 2017-02-10 21:41:12Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | HERMIE CORNS |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | Director |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2017-02-10 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | LEGACY VOLLEYBALL ACADEMY |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | LEGA |
| ReturnHeader/Filer/EIN | 0 | 471125428 |
| ReturnHeader/Filer/PhoneNum | 0 | 9702236563 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 5013 SWITCHGRASS COURT |
| ReturnHeader/Filer/USAddress/CityNm | 0 | FORT COLLINS |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | CO |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 80525 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | WOLFE VAN ACKERN & CUYPERS LLP |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 1008 CENTRE AVE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | FORT COLLINS |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | CO |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 805262089 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 9704938787 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Gabriela Maja |
| ReturnHeader/PreparerPersonGrp/SelfEmployedInd | 0 | X |
| ReturnHeader/ReturnTs | 0 | 2017-02-10T09:02:03-08:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2015-07-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2016-06-30 |
| ReturnHeader/TaxYr | 0 | 2015 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2016 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $7,990
- Liabilities
- $2,670
- Net assets
- $5,320
- Revenue
- $37,930
- Expenses
- $40,633
- Net income
- -$2,703