Civic Intelligence

Virginia Rush Soccer Inc

990 • Fiscal year 2017 • EIN 52-1210163

Sep 01, 2016 to Aug 31, 2017 • Filed on Jul 13, 2018

2044 Landstown Centre WayVirginia Beach, VA 23456

(757) 430-3500

Siviq Scores

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

Liabilities / Assets

97th percentile

1.20x

Higher debt load relative to assets than 97% of similar nonprofits.

2017 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

64th percentile

0.28x

Higher debt load relative to revenue than 64% of similar nonprofits.

2017 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2017

Net Margin

47th percentile

5.5%

Higher net margin than 47% of similar nonprofits.

2017 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

77th percentile

$62,500

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 3.3% of source-year revenue.

2017 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2017

Asset Growth

7th percentile

-14%

Faster asset growth than 7% of similar nonprofits.

2017 filings • 501(c)4 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

39th percentile

0.1%

Faster revenue growth than 39% of similar nonprofits.

2017 filings • 501(c)4 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Down

$435,559

Down $68,363 (-14%) from 2016

Net Assets

Up

-$89,219

Up $103,678 (+54%) from 2016

Liabilities

Down

$524,778

Down $172,041 (-25%) from 2016

Revenue

Up

$1,873,612

Up $1,333 (+0.1%) from 2016

Expenses

Up

$1,769,934

Up $5,738 (+0.3%) from 2016

Net Income

Down

$103,678

Down $4,405 (-4.1%) from 2016

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0-$500KAssets 2011: $1,350,947Liabilities 2011: $1,152,588Net Assets 2011: $198,3592011Assets 2012: $1,283,171Liabilities 2012: $1,094,694Net Assets 2012: $188,4772012Assets 2013: $837,762Liabilities 2013: $917,869Net Assets 2013: -$80,1072013Assets 2014: $505,605Liabilities 2014: $836,065Net Assets 2014: -$330,4602014Assets 2015: $455,100Liabilities 2015: $756,080Net Assets 2015: -$300,9802015Assets 2016: $503,922Liabilities 2016: $696,819Net Assets 2016: -$192,8972016Assets 2017: $435,559Liabilities 2017: $524,778Net Assets 2017: -$89,2192017Assets 2018: $457,949Liabilities 2018: $444,334Net Assets 2018: $13,6152018Assets 2019: $455,552Liabilities 2019: $563,015Net Assets 2019: -$107,4632019Assets 2020: $256,816Liabilities 2020: $408,423Net Assets 2020: -$151,6072020Assets 2021: $400,137Liabilities 2021: $223,564Net Assets 2021: $176,5732021Assets 2022: $584,123Liabilities 2022: $0Net Assets 2022: $584,1232022Assets 2023: $556,935Liabilities 2023: $0Net Assets 2023: $556,9352023Assets 2024: $335,447Liabilities 2024: $0Net Assets 2024: $335,4472024

Highlighted filing

2017

Assets$435,559
Liabilities$524,778
Net Assets-$89,219

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2011: $2,069,4002011Expenses 2012: $2,259,1172012Expenses 2013: $2,601,9692013Revenue 2014: $2,244,354Expenses 2014: $2,494,707Net Income 2014: -$250,3532014Revenue 2015: $1,794,215Expenses 2015: $1,764,735Net Income 2015: $29,4802015Revenue 2016: $1,872,279Expenses 2016: $1,764,196Net Income 2016: $108,0832016Revenue 2017: $1,873,612Expenses 2017: $1,769,934Net Income 2017: $103,6782017Revenue 2018: $1,899,161Expenses 2018: $1,796,327Net Income 2018: $102,8342018Revenue 2019: $1,560,081Expenses 2019: $1,681,159Net Income 2019: -$121,0782019Revenue 2020: $1,260,107Expenses 2020: $1,304,251Net Income 2020: -$44,1442020Revenue 2021: $1,682,811Expenses 2021: $1,354,631Net Income 2021: $328,1802021Revenue 2022: $1,727,385Expenses 2022: $1,319,835Net Income 2022: $407,5502022Revenue 2023: $1,866,206Expenses 2023: $1,893,394Net Income 2023: -$27,1882023Revenue 2024: $1,793,977Expenses 2024: $2,015,465Net Income 2024: -$221,4882024

Highlighted filing

2017

Revenue$1,873,612
Expenses$1,769,934
Net Income$103,678
Jump To
Filing Snapshot
Filing Period
Sep 1, 2016 to Aug 31, 2017
Signed
Jul 13, 2018
Return Version
2016v3.0
Gross Receipts
$1,948,082
Mission and Program Overview

Mission

Provide educational and character building programs for the benefit of the hampton roads community through recreational and competitive soccer for youth ages three to nineteen years of age.

Provide educational and character building programs for the benefit of the hampton roads community through recreational and competitive soccer for youth ages three to nineteen years of age and adults.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$216,455$284,542▲ $68,087
Other Notes and Loans Receivable, Net$79,834--
Prepaid Expenses and Deferred Charges$55,865$62,066▲ $6,201
Savings and Temporary Cash Investments$53,124$0▼ $53,124
Land, Buildings, and Equipment, Net$36,751$44,693▲ $7,942
Loans From Officers Directors$63,423$22,953▼ $40,470
Inventories for Sale or Use$30,808$21,654▼ $9,154
Accounts Receivable$9,645$2,474▼ $7,171
Intangible Assets$1,310--
Total Assets$503,922$435,559▼ $68,363
Other Assets Total$20,130$20,130→ $0
Liabilities
Deferred Revenue$473,664$440,839▼ $32,825
Mortgage Notes Payable Secured by Investment Property$78,390--
Accounts Payable and Accrued Expenses$81,342$60,986▼ $20,356
Total Liabilities$696,819$524,778▼ $172,041
Net Assets / Fund Balance
Temporarily Rstr Net Assets$53,124$0▼ $53,124
Unrestricted Net Assets$-246,021$-89,219▲ $156,802
Total Net Assets Fund Balance$-192,897$-89,219▲ $103,678
Total Liabilities and Net Assets / Fund Balance$503,922$435,559▼ $68,363

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$15,244$64,105$79,349
Leasehold Improvements$29,449$2,851$32,300
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
deNISE EDWARDSExecutive DirectorFT$62,500$62,500

Board Members and Trustees

NameTitle
Daniel SpeightPresident
franK LOGANboaRD MEMBER
Angelo CelesiaTreasUREr
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,774,649
Investment Income
$1,291
Other Revenue
$97,672
Change in Net Assets
$103,678
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,117,775
Salaries, Compensation, and Employee Benefits$577,428
Grants and Similar Amounts Paid$74,731
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$384,491$22,317-$406,808
All Other Expenses$125,254$75,300-$200,554
Current Officers, Directors, Trustees, and Key Employees-$125,939-$125,939
Other Expenses$76,693$4,712-$76,693
Grants to Domestic Individuals$74,731--$74,731
Payroll Taxes$31,472$12,135-$43,607
Travel$37,140$594-$37,734
Occupancy-$20,000-$20,000
Office Expenses$9,746$6,752-$16,498
Fees for Services Legal-$14,775-$14,775
Advertising$8,411$2,301-$10,712
Fees for Services Other$7,471$2,700-$10,171
Depreciation Depletion-$6,949-$6,949
Interest-$5,196-$5,196
Information Technology-$2,968-$2,968
Pension Plan Contributions$775$299-$1,074
Total Functional Expenses$1,466,997$302,937$0$1,769,934
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$76,733
Fundraising Direct Expenses$74,470
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Aramark$76,733$76,733$74,470$2,263
Total Events$76,733$76,733$74,470$2,263
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$63,423$22,953▼ $40,470
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 8B

No other committees that can act on behalf of the board for which minutes must be prepared.

Form 990, Part VI, Section B, line 11B

The form 990 is prepared with the assistance of the accounting firm, reviewed and approved by managment, reviewed by board members, and signed by board president.

Form 990, Part VI, Section B, line 12C

Conflict of interest policy statements are required yearly and copies provided to the board. Individuals with potential conflicts are required to disclose prior to any discussion or votes and are excused from both discussion and voting processes.

Form 990, Part VI, Section B, line 15

The yearly budget is submitted with current compensation for all employees. Increases in compensation for individual employee compensation are proposed by the board of directors and voted on by the board of directors. Historically, increases in compensation have not been yearly. The establishment of any new position and compensation thereof is voted upon by the board of directors. Officers and members of the board of directors are not compensated for board service.

Form 990, Part VI, Section C, line 19

Documents are available at the organization office and are available upon request.

Filing and Contact Details

Filer

Filer Name
Virginia Rush Soccer Inc
EIN
52-1210163
Phone
7574303500
Address
2044 LANDSTOWN CENTRE WAY, VIRGINIA BEACH, VA 23456

Signing Officer

Name
Daniel W Speight
Title
President
Phone
7574303500
Signed
2018-07-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Daniel W Speight
Formed
1978
Legal Domicile
Va
Voting Board Members
3
Independent Board Members
3
Employees
11
Volunteers
729

Preparer

Firm
Dixon Hughes Goodman Llp
Address
440 MONTICELLO AVE SUITE 1400, NORFOLK, VA 23510
Preparer
Caron E Crouse CPA
Phone
7576245100
Supplemental Narrative

Additional Explanations

Form 990, Part IX, line 24E

UNIFORMS EXPENSE: Program service expenses 67,274. Management and general expenses 0. Fundraising expenses 0. Total expenses 67,274. TELEPHONE: Program service expenses 0. Management and general expenses 47,116. Fundraising expenses 0. Total expenses 47,116. CREDIT CARD FEES: Program service expenses 35,466. Management and general expenses 0. Fundraising expenses 0. Total expenses 35,466. OTHER EXPENSES: Program service expenses 3,203. Management and general expenses 14,839. Fundraising expenses 0. Total expenses 18,042. AWARDS EXPENSE: Program service expenses 14,786. Management and general expenses 0. Fundraising expenses 0. Total expenses 14,786. TAXES & LICENSES: Program service expenses 0. Management and general expenses 13,345. Fundraising expenses 0. Total expenses 13,345. TOURNAMENT EXPENSE: Program service expenses 2,595. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,595. COACH LICENSING: Program service expenses 1,155. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,155. BAD DEBT EXPENSE: Program service expenses 775. Management and general expenses 0. Fundraising expenses 0. Total expenses 775.

form 990, part XII, line 2C

The board of directors assumes responsibility for oversight of the review and the selection of an independent accountant. this process has not changed since the prior year.

Raw XML AppendixShowing 400 of 430 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/Desc0Competitive Program: This program continues to place players in the Olympic Development Program, Generation Adidas, and Rush Select National Teams. Teams continue to advance to the top levels in the state competitions. A record number of teams have advanced to Regional and National team competitions in the history of the club.
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IRS990/PensionPlanContributionsGrp/TotalAmt01074
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt055865
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt062066
IRS990/PrincipalOfficerNm0DANIEL W SPEIGHT
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0713990
IRS990/ProgramServiceRevenueGrp/BusinessCd1713990
IRS990/ProgramServiceRevenueGrp/BusinessCd2713990
IRS990/ProgramServiceRevenueGrp/Desc0REGISTRATION FEES
IRS990/ProgramServiceRevenueGrp/Desc1TOURNAMENT FEES
IRS990/ProgramServiceRevenueGrp/Desc2camp feES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01510570
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1216836
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt247243
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01510570
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1216836
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt247243
IRS990/ProgSrvcAccomActy2Grp/Desc0Development Program: The numbers are growinng in the recreational level, and school of excellence programs. The results of the last 3 years in the development of coaches and young players is showing in the competitive program in the younger ages as the players have aged into different programs.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0497768
IRS990/ProgSrvcAccomActy2Grp/GrantAmt08306
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0664382
IRS990/ProgSrvcAccomActy3Grp/Desc0Tournaments - The indoor league, winter training programs, and summer training camps continue to grow.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0145609
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt0171149
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt052677
IRS990/PYInvestmentIncomeAmt08171
IRS990/PYOtherExpensesAmt01124901
IRS990/PYOtherRevenueAmt0101595
IRS990/PYProgramServiceRevenueAmt01762513
IRS990/PYRevenuesLessExpensesAmt0108083
IRS990/PYSalariesCompEmpBnftPaidAmt0586618
IRS990/PYTotalExpensesAmt01764196
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01872279
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0103678
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt019853
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01034527
IRS990/SavingsAndTempCashInvstGrp/BOYAmt053124
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt015244
IRS990ScheduleD/EquipmentGrp/DepreciationAmt064105
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt079349
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt029449
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt02851
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt032300
IRS990ScheduleD/TotalBookValueLandBuildingsAmt044693
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt074470
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0ARAMARK
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt076733
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt076733
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt076733
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt076733
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt02263
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt074470
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt074470
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0VIRGINIA RUSH SOCCER CLUB, INC. REGISTRATION ASSISTANCE
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceAmt074731
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc0VIRGINIA RUSH SOCCER CLUB, INC. REGISTRATION ASSISTANCE
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt080
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc0FAIR MARKET VALUE
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE CLUB PROVIDES REGISTRATION ASSISTANCE TO BOYS AND GIRLS WHOSE PARENTS ARE NOT FINANCIALLY ABLE TO PAY THE RUSH SOCCER CLUB REGISTRATION FEES. FAMILIES ARE IDENTIFIED BY COACHES, PLAYERS, FAMILIES, AND THE CLUB, AS NOT HAVING THE ABILITY TO PAY FEES. MANAGEMENT TRACKS THE ALLOCATION OF FEES IN THE ACCOUNTING SYSTEM BY RECORDING REVENUE AND SCHOLARSHIP EXPENSE. MANAGEMENT ALSO TRACKS THE FAMILIES NAMES AND AMOUNTS ON REPORTS THAT ARE REVIEWED EACH SEASON.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 2:
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt014036
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt18917
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd11
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd10
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0LOAN PROVIDED FOR TEMPORARY OPERATING FUNDS
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt1loAN PROVIDED FOR TEMPORARY OPERATING FUNDS
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd1X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt0100000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt118000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0DANIEL SPEIGHT
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm1DANIEL SPEIGHT
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0DANIEL SPEIGHT IS THE ORGANIZATION'S PRESIDENT
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt1DANIEL SPEIGHT IS THE ORGANIZATION'S PRESIDENT
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd11
IRS990ScheduleL/TotalBalanceDueAmt022953
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NO OTHER COMMITTEES THAT CAN ACT ON BEHALF OF THE BOARD FOR WHICH MINUTES MUST BE PREPARED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FORM 990 IS PREPARED WITH THE ASSISTANCE OF THE ACCOUNTING FIRM, REVIEWED AND APPROVED BY MANAGMENT, REVIEWED BY BOARD MEMBERS, AND SIGNED BY BOARD PRESIDENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CONFLICT OF INTEREST POLICY STATEMENTS ARE REQUIRED YEARLY AND COPIES PROVIDED TO THE BOARD. INDIVIDUALS WITH POTENTIAL CONFLICTS ARE REQUIRED TO DISCLOSE PRIOR TO ANY DISCUSSION OR VOTES AND ARE EXCUSED FROM BOTH DISCUSSION AND VOTING PROCESSES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE YEARLY BUDGET IS SUBMITTED WITH CURRENT COMPENSATION FOR ALL EMPLOYEES. INCREASES IN COMPENSATION FOR INDIVIDUAL EMPLOYEE COMPENSATION ARE PROPOSED BY THE BOARD OF DIRECTORS AND VOTED ON BY THE BOARD OF DIRECTORS. HISTORICALLY, INCREASES IN COMPENSATION HAVE NOT BEEN YEARLY. THE ESTABLISHMENT OF ANY NEW POSITION AND COMPENSATION THEREOF IS VOTED UPON BY THE BOARD OF DIRECTORS. OFFICERS AND MEMBERS OF THE BOARD OF DIRECTORS ARE NOT COMPENSATED FOR BOARD SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DOCUMENTS ARE AVAILABLE AT THE ORGANIZATION OFFICE AND ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5UNIFORMS EXPENSE: Program service expenses 67,274. Management and general expenses 0. Fundraising expenses 0. Total expenses 67,274. TELEPHONE: Program service expenses 0. Management and general expenses 47,116. Fundraising expenses 0. Total expenses 47,116. CREDIT CARD FEES: Program service expenses 35,466. Management and general expenses 0. Fundraising expenses 0. Total expenses 35,466. OTHER EXPENSES: Program service expenses 3,203. Management and general expenses 14,839. Fundraising expenses 0. Total expenses 18,042. AWARDS EXPENSE: Program service expenses 14,786. Management and general expenses 0. Fundraising expenses 0. Total expenses 14,786. TAXES & LICENSES: Program service expenses 0. Management and general expenses 13,345. Fundraising expenses 0. Total expenses 13,345. TOURNAMENT EXPENSE: Program service expenses 2,595. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,595. COACH LICENSING: Program service expenses 1,155. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,155. BAD DEBT EXPENSE: Program service expenses 775. Management and general expenses 0. Fundraising expenses 0. Total expenses 775.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6The board of directors assumes responsibility for oversight of the review and the selection of an independent accountant. this process has not changed since the prior year.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part IX, line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6form 990, part xii, line 2c
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0VA
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt053124
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0503922
IRS990/TotalAssetsEOYAmt0435559
IRS990/TotalAssetsGrp/BOYAmt0503922
IRS990/TotalAssetsGrp/EOYAmt0435559
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt011
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0302937
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01466997
IRS990/TotalFunctionalExpensesGrp/TotalAmt01769934
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0696819
IRS990/TotalLiabilitiesEOYAmt0524778
IRS990/TotalLiabilitiesGrp/BOYAmt0696819
IRS990/TotalLiabilitiesGrp/EOYAmt0524778
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-192897
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-89219
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt01466997
IRS990/TotalProgramServiceRevenueAmt01774649
IRS990/TotalReportableCompFromOrgAmt062500
IRS990/TotalRevenueGrp/ExclusionAmt03554
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01870058
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01873612
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt0729
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0503922
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0435559
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt0594
IRS990/TravelGrp/ProgramServicesAmt037140
IRS990/TravelGrp/TotalAmt037734
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-246021
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-89219
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02044 LANDSTOWN CENTRE WAY
IRS990/USAddress/CityNm0VIRGINIA BEACH
IRS990/USAddress/StateAbbreviationCd0VA
IRS990/USAddress/ZIPCd023456
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0WWW.VARUSH.COM
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0DANIEL W SPEIGHT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07574303500

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.34$0.00$0.34$1.79$2.02$0.22
2023Detailed filing. Detailed filing data is available for this year.$0.56$0.00$0.56$1.87$1.89$0.03
2022Detailed filing. Detailed filing data is available for this year.$0.58$0.00$0.58$1.73$1.32$0.41
2021Detailed filing. Detailed filing data is available for this year.$0.40$0.22$0.18$1.68$1.35$0.33
2020Detailed filing. Detailed filing data is available for this year.$0.26$0.41$0.15$1.26$1.30$0.04
2019Detailed filing. Detailed filing data is available for this year.$0.46$0.56$0.11$1.56$1.68$0.12
2018Detailed filing. Detailed filing data is available for this year.$0.46$0.44$0.01$1.90$1.80$0.10
2017Detailed filing. Detailed filing data is available for this year.$0.44$0.52$0.09$1.87$1.77$0.10
2016Detailed filing. Detailed filing data is available for this year.$0.50$0.70$0.19$1.87$1.76$0.11
2015Detailed filing. Detailed filing data is available for this year.$0.46$0.76$0.30$1.79$1.76$0.03
2014Detailed filing. Detailed filing data is available for this year.$0.51$0.84$0.33$2.24$2.49$0.25
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.84$0.92$0.08$2.60
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.28$1.09$0.19$2.26
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.35$1.15$0.20$2.07