Virginia Club Champions League Inc in Richmond, Virginia (VA)
Table of contents:
Virginia Club Champions League Inc | |
Employer Identification Number (EIN) | 020606816 |
Name of Organization | Virginia Club Champions League Inc |
In Care of Name | Peggy Borgard |
Address | 7701 Dartmoor Rd, Richmond, VA 23229-6916 |
Subsection | Charitable Organization |
Ruling Date | 02/2003 |
Deductibility | Contributions are deductible |
Foundation | Organization which receives a substantial part of its support from a governmental unit or the general public |
Organization | Corporation |
Tax Period | 01/2013 |
Assets | $100,000 to $499,999 |
Income | $100,000 to $499,999 |
Filing Requirement | 990 (all other) or 990EZ return |
Asset Amount | $128,898 |
Amount of Income | $175,214 |
Form 990 Revenue Amount | $175,214 |
National Taxonomy of Exempt Entities (NTEE) | Recreation, Sports, Leisure, Athletics: Soccer Clubs, Leagues |
Non-representatives - add comments:
Amount of income in 2013: $175,214 (it was $125,114 in 2012)
Virginia Club Champions League Inc: | $175,214 |
Other organizations performing similar types of work: | $114,357 |
Assets in 2013: $128,898 (it was $87,718 in 2012)
Virginia Club Champions League Inc: | $128,898 |
Other organizations performing similar types of work: | $42,930 |
Expenses in 2013: $134,034
This organization: | $134,034 |
Other organizations performing similar types of work: | $108,075 |
Income to expenses ratio in 2013: 1.3
Virginia Club Champions League Inc: | 1.3 |
Other organizations performing similar types of work: | 1.0 |
Grants share in income in 2013: 0.0%
This organization: | 0.0% |
Other organizations performing similar types of work: | 1.3% |
Revenue for 2013
Support schedule
Revenue, Expenses, and Changes in Net Assets or Fund Balances | ||
2012 | 2013 | |
---|---|---|
Total revenue | $125,114 | $175,214 |
Contributions, gifts, grants, and similar amounts received | $0 | $0 |
Program service revenue including government fees and contracts | $0 | $0 |
Membership dues and assessments | $125,114 | $175,200 |
Investment income | $0 | $14 |
Gain/Loss from sale of assets other than inventory | $0 | $0 |
Net income/loss from gaming and fundraising events | $0 | $0 |
Gross profit/loss from sales of inventory | $0 | $0 |
Other revenue | $0 | $0 |
Total expenses | $96,044 | $134,034 |
Total net assets | $87,718 | $128,898 |
Excess/Deficit for the year | $29,070 | $41,180 |
Net assets or fund balances at beginning of year | $59,605 | $87,718 |
Other changes in net assets or fund balances | $-957 | $0 |
Net assets or fund balances at end of year | $128,898 |
Balance Sheets | ||
2012 | 2013 | |
---|---|---|
Total assets | $87,718 | $128,898 |
Total liabilities | $0 | $0 |
Net assets or fund balances | $87,718 | $128,898 |
Other Information | ||
2012 | 2013 | |
---|---|---|
Did the organization engage in any significant activity not previously reported to the IRS? | No | |
Were any significant changes made to the organizing or governing documents? | No | |
Did the organization have unrelated business gross income of $1,000 or more during the year from business activities | No | No |
Has the organization filed a Form 990-T for the year? | No | |
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year? | No | |
Amount of political expenditures, direct or indirect | $0 | |
Did the organization file Form 1120-POL for this year? | No | |
Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return? | No | |
Total amount involved | $0 | |
Initiation fees and capital contributions | $0 | $0 |
Gross receipts for public use of club facilities | $0 | $0 |
Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ? | No | |
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction? | No |
Reason for Public Charity Status (for 2013) | |
The organization is not a private foundation because it is: | An organization that normally receives: (1) more than 33 1/3 % of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3 % of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975 |
Number of organizations supported | 0 |
Sum of amounts of support | $0 |
Support Schedule for Organizations Described in Section 509(a)(2) (for 2009 - 2013) | |
2009 - 2013 Total | |
---|---|
Public support | $337,897 |
Subtotal | $337,897 |
Gifts, grants, contributions, and membership fees received | $337,883 |
Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose | $14 |
Gross receipts from activities that are not an unrelated trade or business under section 513 | $0 |
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf | $0 |
The value of services or facilities furnished by a governmental unit to the organization without charge | $0 |
Less | $0 |
Amounts received from disqualified persons | $0 |
Amounts received from other than disqualified persons that exceed the greater of $5,000 or 1% of the total support | $0 |
Total support | $692,830 |
Public support | $337,897 |
Subtotal | $0 |
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $0 |
Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975 | $0 |
Net income from unrelated business activities, whether or not the business is regularly carried on | $354,933 |
Other income | $0 |
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Organizations performing similar types of work | |||||
Id | Name | Address | State | Established | Total Income |
---|---|---|---|---|---|
1 | Richmond Kickers Youth Soccer Club | 2001 Maywill St Ste 203, Richmond, VA 23230-3236 | VA | 2000-12 | $3,449,757 |
2 | Elite Clubs National League Inc | 4202 Park Place Ct Ste E, Glen Allen, VA 23060-3329 | VA | 2009-09 | $1,774,439 |
3 | Virginia Soccer Association Inc | PO BOX 101, Haymarket, VA 20168-0101 | VA | 2000-03 | $1,216,475 |
4 | Valley Afc Inc | PO BOX 20045, Roanoke, VA 24018-0005 | VA | 1997-12 | $444,069 |
5 | Churchland Soccer League Inc | PO BOX 5096, Portsmouth, VA 23703-1096 | VA | 2008-12 | $285,553 |
6 | Old Dominion Football Club | 25050 Riding Plaza 130 Box 124, South Riding, VA 20152-5926 | VA | 2009-09 | $256,102 |
7 | Grover Gibson Soccer Foundation | 9662 Old Elys Ford Rd, Fredericksbrg, VA 22407-9608 | VA | 2013-09 | $246,415 |
8 | Colonial F C | 5700 Warhill Trail, Williamsburg, VA 23188 | VA | 2002-05 | $189,921 |
9 | Fredericksburg Soccer Club | PO BOX 2668, Spotsylvania, VA 22553-6816 | VA | 2009-07 | $186,182 |
10 | Tidewater Advanced Soccer League Inc | PO BOX 9525, Chesapeake, VA 23321-9525 | VA | 2010-02 | $179,407 |
11 | Virginia Club Champions League Inc | 7701 Dartmoor Rd, Richmond, VA 23229-6916 | VA | 2003-02 | $175,214 |
12 | Newport News F C Inc | 160 Wind Mill Point Rd, Hampton, VA 23664-2131 | VA | 2011-08 | $164,134 |
13 | Fc Milan | 222 Summer Breeze Ln, Fredericksbrg, VA 22406-5042 | VA | 2014-04 | $149,005 |
14 | Gloucester Baystars Football Club Inc | PO BOX 540, Gloucester, VA 23061-0540 | VA | 1997-05 | $91,601 |
15 | Front Royal Soccer Association Inc | PO BOX 471, Front Royal, VA 22630-0010 | VA | 2011-05 | $79,688 |
16 | Shenandoah Soccer Officials Association | 102 Tiffany Dr, Bridgewater, VA 22812-9581 | VA | 2000-02 | $78,718 |
17 | Christiansburg Soccer Club Inc | 70 E 1st St Ste 202, Christiansbrg, VA 24073-3633 | VA | 2012-03 | $78,097 |
18 | Southside Soccer Club Inc | PO BOX 10537, Danville, VA 24543-5009 | VA | 2005-02 | $69,492 |
19 | Thunder Football Club Llc | PO BOX 174, Farmville, VA 23901 | VA | 2011-01 | $40,712 |
20 | Virginia Rush Soccer Club Boosters Inc, Virginia Rush Booster Club | 2181 Landstown Road, Virginia Beach, VA 23456 | VA | 1980-12 | $32,951 |
Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Total | 4,045 |
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