NEW ENGLAND REGION VOLLEYBALL ASSOCIATION INC

EIN: 042713129 501(c)(3) Philanthropy & Grantmaking

NEW BEDFORD, MA

Total Revenue
$5,852,407
Total Expenses
$5,452,839
Total Assets
$2,669,352
Net Assets
$2,541,788
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1980
Legal Domicile
MA
Principal Officer
DAVID PEIXOTO
Phone
5089220803
Tax Period
2023-09-01 to 2024-08-31

NEW ENGLAND REGION VOLLEYBALL ASSOCIATION INC, founded in 1980, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $5.9M in total revenue in fiscal year 2023. Revenue surged 27% from the prior year, signaling strong growth momentum. Expenses of $5.5M left a modest 7% surplus.

Mission

WE ARE ONE OF 40 REGIONS OF USA VOLLEYVBALL, THE NATIONAL GOVERNING BODY OF VOLLEYBALL IN THE UNITED STATES. NERVA REPRESENTS THE 6 NEW ENGLAND STATES. OUR GOALS ARE TO PROMOTE, DEVELOPE AND EXPAND VOLLEYBALL OPPORTUNITIES IN OUR REGION AND TO PROVIDE SUPPORT AS WELL AS RESOURCES FOR PLAYERS, COACHES, OFFICIALS AND LEADERS. NERVA STRIVES TO IMPROVE QUALITY PLAYING AND TOURNAMENT EXPERIENCE FOR ALL ITS MEMBERS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $63,729
Program Service Revenue $5,724,889
Investment Income $32,790
Other Revenue $30,999
TOTAL REVENUE $5,852,407

Expense Breakdown

Grants Paid $18,000
Salaries & Benefits $706,769
Fundraising Expenses $0
Program Expenses $5,171,754
Other Expenses $4,728,070
TOTAL EXPENSES $5,452,839

Year-over-Year Comparison

2023 2022 Change
Revenue $5,852,407 $4,594,631 +0.3%
Expenses $5,452,839 $4,044,493 +0.3%
Net Income $399,568 $550,138 -0.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
6
Independent Members
N/A
Employees
N/A
Volunteers
5

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$136,592
Total Directors
6
$420,392
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID PEIXOTO PRESIDENT AND REGIONAL COMMISSIONER 60.00
Director
$170,825 $0 $170,825
ROXANN LINK DIRECTOR 40.00
Officer Director
$124,092 $0 $124,092
JUDY KATALINA DIRECTOR AND COMMISSIONER 40.00
Director
$112,975 $0 $112,975
JEFFRY POWELL DIRECTOR 20.00
Director
$0 $0 $0
STEVEN BOYLE DIRECTOR 20.00
Director
$0 $0 $0
MARK W ARCHIBALD TREASURER 1.00
Officer Director
$12,500 $0 $12,500
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $5,852,407 $5,452,839 $2,669,352 $399,568
2023 $4,594,631 $4,044,493 $2,196,612 $550,138
2022 $3,442,158 $2,889,062 $1,524,058 $553,096
2021 $1,131,819 $1,036,798 $938,157 $95,021
2020 $2,905,482 $2,776,980 $809,637 $128,502
2019 $2,767,336 $2,662,242 $634,101 $105,094
2018 $2,086,783 $1,973,895 $528,298 $112,888
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