Liabilities / Assets
81st percentile
Higher debt load relative to assets than 81% of similar nonprofits.
Varsity Media Foundation
EIN 88-2644306 • 501(c)3 • Carefree, AZ
Pub. 78 Eligible
Profile
EDUCATE IN VARSITY MEDIA
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.15x
Liabilities / Revenue
79th percentile
Higher debt load relative to revenue than 79% of similar nonprofits.
Net Margin
78th percentile
Higher net margin than 78% of similar nonprofits.
Top Officer Pay
84th percentile
Higher top officer pay than 84% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
87th percentile
Faster asset growth than 87% of similar nonprofits.
Revenue Growth
71st percentile
Faster revenue growth than 71% of similar nonprofits.
Balance Sheet
Assets
Up$67,913
Up $42,572 (+168%) from 2023
Liabilities
Flat$10,000
Flat from 2023
Net Assets
Up$57,913
Up $42,572 (+278%) from 2023
Revenue
Up$170,200
Up $59,174 (+53%) from 2023
Expenses
Up$127,628
Up $11,374 (+9.8%) from 2023
Net Income
Up$42,572
Up $47,800 (+914%) from 2023
Trend Graphs
Filings
Most recent year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $67,913
- Liabilities
- $10,000
- Net assets
- $57,913
- Revenue
- $170,200
- Expenses
- $127,628
- Net income
- $42,572
| Balance Sheet | Operations | |||||
|---|---|---|---|---|---|---|
| Year | Assets | Liabilities | Net Assets | Revenue | Expenses | Net Income |
| 2024Detailed filing. Detailed filing data is available for this year. | $0.68 | $0.10 | $0.58 | $1.70 | $1.28 | $0.43 |
| 2023Detailed filing. Detailed filing data is available for this year. | $0.25 | $0.10 | $0.15 | $1.11 | $1.16 | $0.05 |
| 2022Detailed filing. Detailed filing data is available for this year. | $0.31 | $0.10 | $0.21 | $1.20 | $1.00 | $0.21 |
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2024 to Dec 31, 2024
- Signed
- Oct 9, 2025
- Return Version
- 2024v5.2
- Gross Receipts
- $170,200
Mission and Program Overview
Mission
EDUCATE IN VARSITY MEDIA
Program Services
| Description | Grants | Expenses |
|---|---|---|
| AN INTERNSHIP WAS CREATED FOR TWO STUDENTS AT THE UNIVERSITY OF ALABAMA. EACH STUDENT WILL BE CREDITED WITH ONE CREDIT HOUR AFTER THE COMPLETION OF THE INTERNSHIP IN THE FALL, 2024. | $200 | $119,320 |
| WE PICKED UP TEMPLE UNIVERSITY, UNIVERSITY OF HOUSTON, FLORIDA STATE, AND SAN DIEGO STATE. | - | - |
| HAD A 6-WEEK RUN ON SPORTSMAP NATIONAL RADIO NETWORK, NEW PROGRAM DIRECTOR, AND SPONSORSHIP ENDED THE NATIONAL SYNDICATION.--MORE ON SCH O. | - | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| VINCENZO D'ALIESIO | CEO | PT | $0 | - | - |
| CRAIG ESSES | Treasurer | PT | $0 | - | - |
| HERBERT HITCHON | Director | PT | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Varsity Media Foundation
- EIN
- 88-2644306
- Phone
- 4802204629
- Address
- PO BOX 3361, CAREFREE, AZ 85377
Signing Officer
- Name
- VINCENZO D'ALIESIO
- Title
- CEO
- Phone
- 4802204629
- Signed
- 2025-10-09
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Sechler Morgan Cpas Pllc
- Address
- 2418 W BARROW DRIVE, CHANDLER, AZ 85224
- Preparer
- Kristina Morgan
- Phone
- 6022302700
Supplemental Narrative
Additional Explanations
Form 990-EZ, Part I, Line 8, Other Revenue
“ADVERTISING INCOME 3,416”
Form 990-EZ, Part I, Line 16, Other Expenses
“Airtime and promotion 16,030”
Form 990-EZ, Part I, Line 16, Other Expenses
“OFFICE EXPENSES 5,507”
Form 990-EZ, Part I, Line 16, Other Expenses
“IT EXPENSES 1,589”
Form 990-EZ, Part I, Line 16, Other Expenses
“TRAVEL EXPENSES 1,782”
Form 990-EZ, Part I, Line 16, Other Expenses
“CONFERENCES MEETINGS 592”
Form 990-EZ, Part I, Line 16, Other Expenses
“INTEREST 64”
Form 990-EZ, Part I, Line 16, Other Expenses
“DEPRECIATION 728”
Form 990-EZ, Part I, Line 16, Other Expenses
“INSURANCE 1,522”
Form 990-EZ, Part I, Line 16, Other Expenses
“UNIFORMS 1,125”
Form 990-EZ, Part I, Line 16, Other Expenses
“Small equipment under cap threshold 21,262”
Form 990-EZ, Part II, Line 24, Other Assets
“NET FIXED ASSETS Beginning of year 3,277, End of year 2,548”
Form 990-EZ, Part II, Line 26, Liabilities
“LOANS FROM OFFICER Beginning of year 10,000, End of year 10,000”
Form 990-EZ, Part III, Line 31
“Vmf will have a student from taiwan who is currently attending school here and an afghan refugee who will be interning with us this summer, 2024. She is a sophomore at asu. The afghan student will report on womens rights and sports in other parts of the world. Received 3,500 internship grant from arizona media association, in addition to being granted membership in the association. A radio station in houston is trying to get a grant so vmf can pay for airtime there for the texas-specific college kids broadcast.”
Raw XML Appendix157 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 | VINCENZO D'ALIESIO |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 4802204629 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | PO BOX 3361 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | CAREFREE |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | AZ |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 85377 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 22064 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 65365 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 8395 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 42572 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 76561 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 25341 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 67913 |
| IRS990EZ/GrantsAndSimilarAmountsPaidAmt | 0 | 200 |
| IRS990EZ/GrossReceiptsAmt | 0 | 170200 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 15341 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 57913 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 15341 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 57913 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 025.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 005.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 005.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | VINCENZO D'ALIESIO |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | CRAIG ESSES |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | HERBERT HITCHON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | CEO |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | DIRECTOR |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationFiled990TInd | 0 | true |
| IRS990EZ/OrganizationHadUBIInd | 0 | true |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 3277 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 2548 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 50201 |
| IRS990EZ/OtherRevenueTotalAmt | 0 | 3416 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | EDUCATE IN VARSITY MEDIA |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 666 |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 158389 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | AN INTERNSHIP WAS CREATED FOR TWO STUDENTS AT THE UNIVERSITY OF ALABAMA. EACH STUDENT WILL BE CREDITED WITH ONE CREDIT HOUR AFTER THE COMPLETION OF THE INTERNSHIP IN THE FALL, 2024. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 1 | WE PICKED UP TEMPLE UNIVERSITY, UNIVERSITY OF HOUSTON, FLORIDA STATE, AND SAN DIEGO STATE. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 2 | HAD A 6-WEEK RUN ON SPORTSMAP NATIONAL RADIO NETWORK, NEW PROGRAM DIRECTOR, AND SPONSORSHIP ENDED THE NATIONAL SYNDICATION.--MORE ON SCH O. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 200 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 119320 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 10000 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 10000 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 127628 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 119320 |
| IRS990EZ/TotalRevenueAmt | 0 | 170200 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | VarsitySportsShow.com |
| IRS990ScheduleA/First5Years170Ind | 0 | X |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 8395 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 6825 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 60568 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 75788 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 318275 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.00000 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 21315 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 54473 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 8395 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 6825 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 60568 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 75788 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 76388 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 600 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt | 0 | 600 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | ADVERTISING INCOME 3,416 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | AIRTIME AND PROMOTION 16,030 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | OFFICE EXPENSES 5,507 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | IT EXPENSES 1,589 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | TRAVEL EXPENSES 1,782 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | CONFERENCES MEETINGS 592 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | INTEREST 64 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | DEPRECIATION 728 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | INSURANCE 1,522 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 9 | UNIFORMS 1,125 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 10 | SMALL EQUIPMENT UNDER CAP THRESHOLD 21,262 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 11 | NET FIXED ASSETS Beginning of year 3,277, End of year 2,548 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 12 | LOANS FROM OFFICER Beginning of year 10,000, End of year 10,000 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 13 | VMF WILL HAVE A STUDENT FROM TAIWAN WHO IS CURRENTLY ATTENDING SCHOOL HERE AND AN AFGHAN REFUGEE WHO WILL BE INTERNING WITH US THIS SUMMER, 2024. SHE IS A SOPHOMORE AT ASU. THE AFGHAN STUDENT WILL REPORT ON WOMENS RIGHTS AND SPORTS IN OTHER PARTS OF THE WORLD. RECEIVED 3,500 INTERNSHIP GRANT FROM ARIZONA MEDIA ASSOCIATION, IN ADDITION TO BEING GRANTED MEMBERSHIP IN THE ASSOCIATION. A RADIO STATION IN HOUSTON IS TRYING TO GET A GRANT SO VMF CAN PAY FOR AIRTIME THERE FOR THE TEXAS-SPECIFIC COLLEGE KIDS BROADCAST. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990-EZ, Part I, Line 8, Other Revenue |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990-EZ, Part I, Line 16, Other Expenses |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990-EZ, Part I, Line 16, Other Expenses |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Form 990-EZ, Part I, Line 16, Other Expenses |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Form 990-EZ, Part I, Line 16, Other Expenses |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Form 990-EZ, Part I, Line 16, Other Expenses |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | Form 990-EZ, Part I, Line 16, Other Expenses |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | Form 990-EZ, Part I, Line 16, Other Expenses |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | Form 990-EZ, Part I, Line 16, Other Expenses |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 9 | Form 990-EZ, Part I, Line 16, Other Expenses |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 10 | Form 990-EZ, Part I, Line 16, Other Expenses |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 11 | Form 990-EZ, Part II, Line 24, Other Assets |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 12 | Form 990-EZ, Part II, Line 26, Liabilities |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 13 | Form 990-EZ, Part III, Line 31 |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | VINCENZO D'ALIESIO |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | CEO |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 4802204629 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-10-09 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | VARSITY MEDIA FOUNDATION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | VARS |
| ReturnHeader/Filer/EIN | 0 | 882644306 |
| ReturnHeader/Filer/PhoneNum | 0 | 4802204629 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | PO BOX 3361 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | CAREFREE |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | AZ |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 85377 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | true |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 822851604 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | SECHLER MORGAN CPAS PLLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 2418 W BARROW DRIVE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | CHANDLER |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | AZ |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 85224 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 6022302700 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2025-09-24 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | KRISTINA MORGAN |
| ReturnHeader/ReturnTs | 0 | 2025-10-14T09:18:45-00:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
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