Liberty Elite Volleyball Club
Nonprofit profile at a glance
- EIN
- 815362757
- IRS 990 coverage
- 2020–2024
- Forms available
- Form 990 2024, Form 990-EZ 2019, Form 990-N 2017
- Location
- Frederick, MD, USA
- Phone
- 3016934505
- Rating
- 83
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Amateur Sports
Reported finances
- Revenue
- $249,299
- Expenses
- $336,060
- Assets
- $138,596
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- MEAGAN GRAFF (PRESIDENT)
Highest reported compensation
- MEAGAN GRAFF (PRESIDENT): $10,000 total reported compensation
- BRIANA METZGER (MEMBER): $2,345 total reported compensation
- TAYLOR BELELLA (MEMBER): $2,345 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To foster national or international volleyball sporting competition by providing opportunities for girls and boys in grades 2 thru 12. Our mission is to promote the principles of teamwork, individual responsibility and good sportsmanship through participation within team sports. To develop the individual skill level of every player, while providing them with the opportunity to perform at a high level. Ultimately, this process can result in providing many beneficial opportunities to our athletes including collegiate scholarships, college connections, and more.
What it reported doing in 2024
Many families in Washington county, md and the surrounding areas of pa and wv cannot afford to place their children in sporting activities due to the cost. We are able to provide clinics free of charge or at the lowest cost possible to promote health, fitness, character development, and to build self-esteem along with providing the opportunity to experience, develop, and grow within the sport of volleyball. We have provided opportunities to over 300 children in our community and the surrounding areas. We have provided free of charge or reduced rate entries to over 15% of our participants.
Operating model
- Revenue model
- Earned-program. 94% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 88
- Transparency & Controls: 90
- Accountability: 72
- Sustainability: 23
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 98.2%; rating input score 98
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 3 of 9 controls in place; rating input score 33
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Pass
- CEO compensation review process: Fail
- Other executive compensation review process: Fail
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -34.8%; rating input score 8; 8th percentile among comparable filings
- Total-asset coverage ratio: 0.41; rating input score 21; 21st percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 80; 80th percentile among comparable filings
- Officer compensation ratio: 4.8%; rating input score 33; 33rd percentile among comparable filings
Growth
- Program expense growth: 13.3% per year; rating input score 100; 76th percentile among comparable filings
- Revenue growth: 14.2% per year; rating input score 100; 81st percentile among comparable filings
- Asset growth: 20% per year; rating input score 100; 84th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 98.2% of spending went to programs
- Governance: 4 of 4 board members independent · 3 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $330K in reported program spending
- Leadership: top reported pay $10K · 5 people listed
- Consistency: 22 of 22 current checks pass
- Schedules: 3 filed schedules
- Filing history: 5 filing years from 2020 to 2024
- Contacts: How to reach this organization
- Money network: 4 filed money-flow records
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Accountability: Governance controls: 5 of 8 not reported.
- High — Sustainability: Operating margin scored 8/100.
- High — Sustainability: Total-asset coverage ratio scored 21/100.
- Moderate — Sustainability: Officer compensation ratio scored 33/100.