Long Island Volleyball Club Inc

EIN: 113581860 501(c)(3) Recreation & Sports

Blue Point, NY

Total Revenue
$832,177
Total Expenses
$951,854
Total Assets
$287,101
Net Assets
$187,631
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2000
Legal Domicile
NY
Phone
6316981629
Tax Period
2023-09-01 to 2024-08-31

Long Island Volleyball Club Inc, founded in 2000, is a small nonprofit in the Recreation & Sports sector that reported $832K in total revenue in fiscal year 2023. Revenue decreased 11% compared to the prior year. Expenses of $952K exceeded revenue, resulting in a 14% operating deficit.

Mission

LONG ISLAND VOLLEYBALL CLUB, INC. IS COMMITTED TO THE GROWTH AND DEVELOPMENT OF YOUTH VOLLEYBALL ON LONG ISLAND. WE ARE COMMITTED TO CREATING A POSITIVE COMPETITIVE EXPERIENCE WITHIN AN ATMOSPHERE OF GOOD SPORTSMANSHIP AND HIGH MORAL CHARACTER. OUR MISSION IS TO OFFER ATHLETES EXPOSURE TO COLLEGE RECRUITERS ON A NATIONAL LEVEL BY COMPETING IN TOURNAMENTS.

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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 $0
Program Service Revenue $807,595
Investment Income $17
Other Revenue $24,565
TOTAL REVENUE $832,177

Expense Breakdown

Grants Paid $0
Salaries & Benefits $79,175
Fundraising Expenses $24,535
Program Expenses $828,290
Other Expenses $872,679
TOTAL EXPENSES $951,854

Year-over-Year Comparison

2023 2022 Change
Revenue $832,177 $938,433 -0.1%
Expenses $951,854 $933,257 +0.0%
Net Income $-119,677 $5,176 -24.1%
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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Governance

Voting Members
7
Independent Members
4
Employees
N/A
Volunteers
N/A

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
4
$46,215
Total Directors
3
$20,415
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Denise Nizich Treasurer 20.00
Officer
$20,565 $0 $20,565
Kathleen Sturges Treasurer 25.00
Officer
$16,600 $0 $16,600
Scott Wheeler Director 20.00
Director
$13,780 $0 $13,780
Maryann Gimello Secretary 15.00
Officer
$9,050 $0 $9,050
Robin Larsen-Teets Director 10.00
Director
$6,635 $0 $6,635
Jennie Sheridan Director 25.00
Director
$0 $0 $0
Marilyn Maccio President 35.00
Officer
$0 $0 $0
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
2024 $832,177 $951,854 $287,101 $-119,677
2023 $938,433 $933,257 $352,157 $5,176
2023 $938,433 $933,257 $352,157 $5,176
2022 $845,381 $800,578 $313,196 $44,803
2021 $611,032 $452,685 $280,203 $158,347
2020 $548,772 $481,419 $136,637 $67,353
2019 $616,174 $607,265 $59,389 $8,909
2018 $590,798 $595,959 $48,531 $-5,161
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