Virginia Venom Sports Organization
Nonprofit profile at a glance
- EIN
- 800494118
- IRS 990-EZ coverage
- 2012–2017
- Forms available
- Form 990 2015, Form 990-EZ 2017, Form 990-N 2009
- Location
- Williamsburg, VA, USA
- Rating
- 85
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Labor Unions
Reported finances
- Revenue
- $189,245
- Expenses
- $195,990
- Assets
- $0
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2017. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- ELWOOD A WOOLWIN III (PRESIDENT)
- KEVIN BAUER (VICE PRESIDENT)
People named in this filing
- ELWOOD A WOOLWIN III (PRESIDENT)
- BOBBY WOOLUM (PR-BASKETBALL)
- KEVIN BAUER (VICE PRESIDENT)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2017. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Support and promote community sports
What it reported doing in 2017
Travel aau baseballbasketball and lacrosse tournaments to measure individual and team results versus goals set by the coaches players and parents the benefits impact over 1000
Operating model
- Revenue model
- Earned-program. 61% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 99% 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. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 100
- Transparency & Controls: 74
- Sustainability: 19
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 90%; rating input score 90; 1st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -3.6%; rating input score 24; 24th percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 1; 1st percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 65; 65th percentile among comparable filings
Growth
- Program expense growth: 38.6% per year; rating input score 100; 90th percentile among comparable filings
- Revenue growth: 3.9% per year; rating input score 100; 46th percentile among comparable filings
- Asset growth: -21% per year; rating input score 0; 7th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $196K in reported program spending
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Filing history: 4 filing years from 2012 to 2017
- Contacts: How to reach this organization
- 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.
- High — Sustainability: Operating margin scored 24/100.
- High — Sustainability: Total-asset coverage ratio scored 1/100.
- High — Growth: Asset growth scored 0/100.