Galaxy of Stars Events

EIN: 200360160 501(c)(3) Recreation & Sports

Virginia Beach, VA

Total Revenue
$400,728
Total Expenses
$415,966
Total Assets
$134,892
Net Assets
$134,892
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2006
Legal Domicile
VA
Principal Officer
Nancy Murphy
Phone
7572741062
Tax Period
2024-01-01 to 2024-12-31

Galaxy of Stars Events, founded in 2006, is a small nonprofit in the Recreation & Sports sector that reported $401K in total revenue in fiscal year 2024.

Mission

To foster amateur sports competition in the Hampton Roads areas of Virginia

Program Service Accomplishments

Program 1
Expenses: $390,430 Revenue: $53,312

Foster amateur sports in the Hampton Roads area of Virginia by fielding competitive softball teams sanctioned by local and national organizations. Provide practice and tournament access to each team.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $53,312
Investment Income $0
Other Revenue $347,416
TOTAL REVENUE $400,728

Expense Breakdown

Grants Paid $0
Salaries & Benefits $25,536
Fundraising Expenses $0
Program Expenses $390,430
Other Expenses $390,430
TOTAL EXPENSES $415,966

Year-over-Year Comparison

2024 2023 Change
Revenue $400,728 $420,140 0.0%
Expenses $415,966 $465,743 -0.1%
Net Income $-15,238 $-45,603 -0.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
2
Independent Members
2
Employees
2
Volunteers
115

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
$19,600
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Nancy Murphy President 25.00
Officer
$19,600 $0 $19,600
Peter Eosso Officer - Authorized Rep 25.00
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 $400,728 $415,966 $134,892 $-15,238
2023 $420,140 $465,743 $150,130 $-45,603
2022 $362,969 $491,030 $195,733 $-128,061
2021 $596,092 $626,924 $323,794 $-30,832
2020 $491,513 $318,334 $354,626 $173,179
2019 $479,363 $397,385 $181,447 $81,978
Explore More Nonprofits
Top 100 Nonprofits in Virginia Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare Galaxy of Stars Events with other nonprofits in Virginia and across the country.