Civic Intelligence

Velos Organization Inc.

990EZ • Fiscal year 2020 • EIN 85-1204073

Jan 01, 2020 to Dec 31, 2020 • Filed on Apr 20, 2021

Organization ProfileN/A
3003 E Georgia RoadSimpsonville, SC 29681

(828) 577-1187

Siviq Scores

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

Liabilities / Assets

55th percentile

0.00x

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

55th percentile

0.00x

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

91st percentile

59%

Higher net margin than 91% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2020

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2020

Balance Sheet
Liabilities / Assets55th percentile

Assets

$20,903

No earlier filing loaded for comparison.

Net Assets

$20,903

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue55th percentileNet Margin91st percentile

Revenue

$35,573

No earlier filing loaded for comparison.

Expenses

$14,670

No earlier filing loaded for comparison.

Net Income

$20,903

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$200K$150K$100K$50K$0Assets 2020: $20,903Liabilities 2020: $0Net Assets 2020: $20,9032020Assets 2021: $45,910Liabilities 2021: $0Net Assets 2021: $45,9102021Assets 2022: $96,579Liabilities 2022: $0Net Assets 2022: $96,5792022Assets 2023: $136,896Liabilities 2023: $0Net Assets 2023: $136,8962023Assets 2024: $176,592Liabilities 2024: $0Net Assets 2024: $176,5922024

Highlighted filing

2020

Assets$20,903
Liabilities$0
Net Assets$20,903
Open 2020 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$300K$200K$100K$0Revenue 2020: $35,573Expenses 2020: $14,670Net Income 2020: $20,9032020Revenue 2021: $123,708Expenses 2021: $98,701Net Income 2021: $25,0072021Revenue 2022: $185,774Expenses 2022: $135,105Net Income 2022: $50,6692022Revenue 2023: $249,918Expenses 2023: $209,601Net Income 2023: $40,3172023Revenue 2024: $261,433Expenses 2024: $221,737Net Income 2024: $39,6962024

Highlighted filing

2020

Revenue$35,573
Expenses$14,670
Net Income$20,903
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Apr 20, 2021
Return Version
2020v4.1
Gross Receipts
$36,653
Mission and Program Overview

Mission

Velos provides opportunities for children & youth to participate in a wide range of recreational, cultural, social, & civic activities, as well as allowing them to explore their talents and interests through life-skills classes.

Velos provides opportunities for children and youth to participate in a wide range of recreational, cultural, social and civic activities, as well as allowing them to explore their talents and interests through life-skills class, whose purpose is to help youth develop their full potential and grow into healthy, well-rounded adults fostering a full and balanced life while experiencing a deeper connection with others & their community.

Program Services

DescriptionGrantsExpenses
Velos Archery offers various ages of archery classes toprovide a place for community, fellowship and encouragementamong youth.$0$10,725
Velos Collective offers many opportunities and various classes to provide a place for community, fellowship and encouragement among youth.$0$2,190
Velos Volleyball offers various ages of volleyball classesto provide a place for community, fellowship and encouragement among youth.$0$425
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Colleen A PusateriPresidentPT$0--
Patrick A PusateriVice-PresidentPT$0--
Cole A PusateriTreasurerPT$0--
Anita J ZimmermanSecretaryPT$0--
Filing and Contact Details

Filer

Filer Name
Velos Organization Inc
EIN
85-1204073
Phone
8285771187
Address
3003 E Georgia Road, Simpsonville, SC 29681

Signing Officer

Name
Colleen A Pusateri
Title
Director
Phone
8285771187
Signed
2021-04-20

Preparer

Firm
Morris Accounting PC
Address
2607 Woodruff Road Suite E-422, Simpsonville, SC 29681
Preparer
Mary Morris CPA
Phone
6302350635
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 10

“Scholarship; Scholarship; : , , , ; , 500.”

Form 990EZ, Part I, Line 16

“Admin/Coach Gifts 167.”

Form 990EZ, Part I, Line 16

“Archer's Equipment 1495.”

Form 990EZ, Part I, Line 16

“Awards Ceremony 707.”

Form 990EZ, Part I, Line 16

“Concessions 1621.”

Form 990EZ, Part I, Line 16

“Curriculum 280.”

Form 990EZ, Part I, Line 16

“Equipment 2635.”

Form 990EZ, Part I, Line 16

“Grand Opening Expense 113.”

Form 990EZ, Part I, Line 16

“Insurance 1092.”

Form 990EZ, Part I, Line 16

“Mercy Ministry 62.”

Form 990EZ, Part I, Line 16

“Meeting-Business/Planning 53.”

Form 990EZ, Part I, Line 16

“Office Supplies 271.”

Form 990EZ, Part I, Line 16

“Returned Check Fee 10.”

Form 990EZ, Part I, Line 16

“Social Event 31.”

Form 990EZ, Part I, Line 16

“Subscriptions 50.”

Form 990EZ, Part I, Line 16

“Storage Expense 19.”

Form 990EZ, Part I, Line 16

“Tournament Fees 238.”

Raw XML Appendix185 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
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IRS990EZ/BooksInCareOfDetail/PersonNm0Colleen A Pusatari
IRS990EZ/BooksInCareOfDetail/PhoneNum08285771187
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt03003 E Georgia Road
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Simpsonville
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0SC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd029681
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt00
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt020903
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt00
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
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IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt020903
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt03623
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt00
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IRS990EZ/FundraisingGrossIncomeAmt0950
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt0500
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt036653
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitialReturnInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt05
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt00
IRS990EZ/NetAssetsOrFundBalancesEOYAmt020903
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt00
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt020903
IRS990EZ/OccupancyRentUtltsAndMaintAmt01703
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt07.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt17.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt27.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt37.00
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/PersonNm0Colleen A Pusateri
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Patrick A Pusateri
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Cole A Pusateri
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Anita J Zimmerman
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice-President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Secretary
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt08844
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Velos provides opportunities for children and youth to participate in a wide range of recreational, cultural, social and civic activities, as well as allowing them to explore their talents and interests through life-skills class, whose purpose is to help youth develop their full potential and grow into healthy, well-rounded adults fostering a full and balanced life while experiencing a deeper connection with others & their community.
IRS990EZ/ProgramServiceRevenueAmt035698
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Velos Archery offers various ages of archery classes toprovide a place for community, fellowship and encouragementamong youth.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1Velos Collective offers many opportunities and various classes to provide a place for community, fellowship and encouragement among youth.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2Velos Volleyball offers various ages of volleyball classesto provide a place for community, fellowship and encouragement among youth.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt10
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt20
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt010725
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt12190
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt2425
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt01080
IRS990EZ/SpecialEventsNetIncomeLossAmt0-130
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt014670
IRS990EZ/TotalProgramServiceExpensesAmt013340
IRS990EZ/TotalRevenueAmt035573
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt031611
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt031611
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt05042
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt05042
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportTotal509Amt036653
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt036653
IRS990ScheduleA/Total509Grp/TotalAmt036653
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt036653
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Scholarship; Scholarship; : , , , ; , 500.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Admin/Coach Gifts 167.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Archer's Equipment 1495.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Awards Ceremony 707.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Concessions 1621.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Curriculum 280.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Equipment 2635.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Grand Opening Expense 113.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Insurance 1092.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Mercy Ministry 62.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Meeting-Business/Planning 53.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Office Supplies 271.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12Returned Check Fee 10.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13Social Event 31.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14Subscriptions 50.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15Storage Expense 19.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt16Tournament Fees 238.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc15Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc16Form 990EZ, Part I, Line 16
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Colleen A Pusateri
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Director
ReturnHeader/BusinessOfficerGrp/PhoneNum08285771187
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-04-20
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Velos Organization Inc
ReturnHeader/Filer/BusinessNameControlTxt0VELO
ReturnHeader/Filer/EIN0851204073
ReturnHeader/Filer/PhoneNum08285771187
ReturnHeader/Filer/USAddress/AddressLine1Txt03003 E Georgia Road
ReturnHeader/Filer/USAddress/CityNm0Simpsonville
ReturnHeader/Filer/USAddress/StateAbbreviationCd0SC
ReturnHeader/Filer/USAddress/ZIPCd029681
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Morris Accounting PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02607 Woodruff Road Suite E-422
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Simpsonville
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0SC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd029681
ReturnHeader/PreparerPersonGrp/PhoneNum06302350635
ReturnHeader/PreparerPersonGrp/PreparationDt02021-11-21
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Mary Morris CPA
ReturnHeader/ReturnTs02021-11-21T07:49:23-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Colleen
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Pusateri
ReturnHeader/TaxPeriodBeginDt02020-05-04
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$20,903
Liabilities
$0
Net assets
$20,903
Revenue
$35,573
Expenses
$14,670
Net income
$20,903
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.77$0.00$1.77$2.61$2.22$0.40
2023Detailed filing. Detailed filing data is available for this year.$1.37$0.00$1.37$2.50$2.10$0.40
2022Detailed filing. Detailed filing data is available for this year.$0.97$0.00$0.97$1.86$1.35$0.51
2021Detailed filing. Detailed filing data is available for this year.$0.46$0.00$0.46$1.24$0.99$0.25
2020Detailed filing. Detailed filing data is available for this year.$0.21$0.00$0.21$0.36$0.15$0.21