Civic Intelligence

Virginia Beach Mustangs Association Inc.

EIN 74-3054391 • 501(c)3 • Virginia Beach, VA

Pub. 78 Eligible

Profile

Football Training & Coaching

5004 Lobough DriveVirginia Beach, VA 23464

vbmustangs.com

Siviq Scores

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

Liabilities / Assets

60th percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

62nd percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

33rd percentile

-7.4%

Higher net margin than 33% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

36th percentile

-15%

Faster asset growth than 36% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

84th percentile

51%

Faster revenue growth than 84% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets60th percentile

Assets

Down

$47,243

Down $8,215 (-15%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

$47,243

No earlier filing loaded for comparison.

Operations
Liabilities / Revenue62nd percentileNet Margin33rd percentile

Revenue

Up

$111,748

Up $37,976 (+51%) from 2023

Expenses

Up

$119,963

Up $23,814 (+25%) from 2023

Net Income

Up

-$8,215

Up $14,162 (+63%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth36th percentile

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

$80K$60K$40K$20K$0Assets 2010: $47,176Liabilities 2010: $0Net Assets 2010: $47,1762010Assets 2011: $65,503Liabilities 2011: $0Net Assets 2011: $65,5032011Assets 2012: $37,880Liabilities 2012: $0Net Assets 2012: $37,8802012Assets 2013: $62,050Liabilities 2013: $0Net Assets 2013: $62,0502013Assets 2014: $60,364Liabilities 2014: $0Net Assets 2014: $60,3642014Assets 2015: $70,124Liabilities 2015: $0Net Assets 2015: $70,1242015Assets 2016: $71,338Liabilities 2016: $0Net Assets 2016: $71,3382016Assets 2017: $67,473Liabilities 2017: $0Net Assets 2017: $67,4732017Assets 2018: $41,379Liabilities 2018: $0Net Assets 2018: $41,3792018Assets 2019: $36,928Liabilities 2019: $0Net Assets 2019: $36,9282019Assets 2020: $6,140Liabilities 2020: $02020Assets 2021: $69,927Liabilities 2021: $02021Assets 2023: $55,458Liabilities 2023: $02023Assets 2024: $47,243Liabilities 2024: $0Net Assets 2024: $47,2432024

Highlighted filing

2024

Assets$47,243
Liabilities$0
Net Assets$47,243
Open 2024 Filing

Operations Trend

Revenue Growth84th percentile

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

$400K$300K$200K$100K$0-$100KExpenses 2010: $259,2532010Revenue 2011: $366,146Expenses 2011: $347,819Net Income 2011: $18,3272011Expenses 2012: $160,1162012Revenue 2013: $29,577Expenses 2013: $5,407Net Income 2013: $24,1702013Revenue 2014: $114,116Expenses 2014: $115,802Net Income 2014: -$1,6862014Revenue 2015: $150,355Expenses 2015: $140,595Net Income 2015: $9,7602015Revenue 2016: $162,183Expenses 2016: $160,969Net Income 2016: $1,2142016Revenue 2017: $160,677Expenses 2017: $164,542Net Income 2017: -$3,8652017Revenue 2018: $126,524Expenses 2018: $152,618Net Income 2018: -$26,0942018Revenue 2019: $139,627Expenses 2019: $144,078Net Income 2019: -$4,4512019Revenue 2020: $39,570Expenses 2020: $70,358Net Income 2020: -$30,7882020Revenue 2021: $148,502Expenses 2021: $94,436Net Income 2021: $54,0662021Revenue 2023: $73,772Expenses 2023: $96,149Net Income 2023: -$22,3772023Revenue 2024: $111,748Expenses 2024: $119,963Net Income 2024: -$8,2152024

Highlighted filing

2024

Revenue$111,748
Expenses$119,963
Net Income-$8,215
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$47,243
Liabilities
$0
Net assets
$47,243
Revenue
$111,748
Expenses
$119,963
Net income
-$8,215
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.47$0.00$0.47$1.12$1.20$0.08
2023Summary only. Only limited summary data is available for this year.$0.55$0.00$0.74$0.96$0.22
2021Summary only. Only limited summary data is available for this year.$0.70$0.00$1.49$0.94$0.54
2020Summary only. Only limited summary data is available for this year.$0.06$0.00$0.40$0.70$0.31
2019Summary only. Only limited summary data is available for this year.$0.37$0.00$0.37$1.40$1.44$0.04
2018Detailed filing. Detailed filing data is available for this year.$0.41$0.00$0.41$1.27$1.53$0.26
2017Detailed filing. Detailed filing data is available for this year.$0.67$0.00$0.67$1.61$1.65$0.04
2016Detailed filing. Detailed filing data is available for this year.$0.71$0.00$0.71$1.62$1.61$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.70$0.00$0.70$1.50$1.41$0.10
2014Detailed filing. Detailed filing data is available for this year.$0.60$0.00$0.60$1.14$1.16$0.02
2013Detailed filing. Detailed filing data is available for this year.$0.62$0.00$0.62$0.30$0.05$0.24
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.38$0.00$0.38$1.60
2011Summary only. Only limited summary data is available for this year.$0.66$0.00$0.66$3.66$3.48$0.18
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.47$0.00$0.47$2.59
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Feb 12, 2026
Return Version
2024v5.2
Gross Receipts
$111,748
Mission and Program Overview

Mission

Football Training & Coaching

Program Services

DescriptionGrantsExpenses
TO PROVIDE PRE-SEASON FOOTBALL AND CHEERLEADING TRAINING AND COACHING DURING TEAM COMPETITIONS TO INDIVIDUAL PLAYERS AND TEAMS-$0
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Michelle PearlTreasurerPT$0--
Keith PearlPresidentPT$0--
Angela Z SimsVice PresidentPT$0--
Bruce PearlFootball DirectorPT$0--
Filing and Contact Details

Filer

Filer Name
Virginia Beach Mustangs Association Inc
EIN
74-3054391
In Care Of
% Michelle Pearl
Phone
7575818277
Address
5004 Lobough Drive, Virginia Beach, VA 23464

Signing Officer

Name
Michelle Pearl
Title
Treasurer
Phone
7573065673
Signed
2026-02-12
Discuss with paid preparer
Yes

Preparer

Firm
Commonwealth Tax
Address
3092 Brickhouse Ct, Virginia Beach, VA 23452
Preparer
Paul Verebely Ea
Phone
7572001040
Supplemental Narrative

Additional Explanations

Description of other expenses Part I line 16

“Description AmountSecurity 155Rent 17,579Travel 16,155Insurance 8,624Event Expense 3,456Accounting 2,200Dues and Subscriptions 100Refunds 1,432Equipment & uniforms 57,142Coach Gifts & Fundraiser Fees 2,863Office Expenses 10,257”

Raw XML Appendix147 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/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0Michelle Pearl
IRS990EZ/BooksInCareOfDetail/PhoneNum07573065673
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt02748 Renaissance Way
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Virginia Beach
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0VA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd023456
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt055458
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt047243
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-8215
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt055458
IRS990EZ/Form990TotalAssetsGrp/EOYAmt047243
IRS990EZ/GrossReceiptsAmt0111748
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt05
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt055458
IRS990EZ/NetAssetsOrFundBalancesEOYAmt047243
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt055458
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt047243
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt015.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt115.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt25.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt315.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Michelle Pearl
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Keith Pearl
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Angela Z Sims
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Bruce Pearl
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Football Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherExpensesTotalAmt0119963
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Football Training & Coaching
IRS990EZ/ProgramServiceRevenueAmt0111743
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO PROVIDE PRE-SEASON FOOTBALL AND CHEERLEADING TRAINING AND COACHING DURING TEAM COMPETITIONS TO INDIVIDUAL PLAYERS AND TEAMS
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0VA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0119963
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt0111748
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0vbmustangs.com
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0111748
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt073772
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0120850
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0148497
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt024752
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0479619
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0479619
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt00
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0111748
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt073772
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0120850
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0148497
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt024752
IRS990ScheduleA/Total509Grp/TotalAmt0479619
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0111748
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt073772
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0120850
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0148497
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt024752
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0479619
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description AmountSecurity 155Rent 17,579Travel 16,155Insurance 8,624Event Expense 3,456Accounting 2,200Dues and Subscriptions 100Refunds 1,432Equipment & uniforms 57,142Coach Gifts & Fundraiser Fees 2,863Office Expenses 10,257
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other expenses Part I line 16
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MICHELLE PEARL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum07573065673
ReturnHeader/BusinessOfficerGrp/SignatureDt02026-02-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Virginia Beach Mustangs Association Inc
ReturnHeader/Filer/BusinessNameControlTxt0VIRG
ReturnHeader/Filer/EIN0743054391
ReturnHeader/Filer/InCareOfNm0% Michelle Pearl
ReturnHeader/Filer/PhoneNum07575818277
ReturnHeader/Filer/USAddress/AddressLine1Txt05004 Lobough Drive
ReturnHeader/Filer/USAddress/CityNm0Virginia Beach
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VA
ReturnHeader/Filer/USAddress/ZIPCd023464
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0113656650
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Commonwealth Tax
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03092 Brickhouse Ct
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Virginia Beach
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd023452
ReturnHeader/PreparerPersonGrp/PhoneNum07572001040
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0PAUL VEREBELY EA
ReturnHeader/ReturnTs02026-02-13T17:41:18-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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