NRVA INC

EIN: 450525954 501(c)(3) Recreation & Sports

BLACKSBURG, VA

Total Revenue
$548,821
Total Expenses
$459,541
Total Assets
$1,103,620
Net Assets
$1,097,528
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
2003
Legal Domicile
VA
Principal Officer
TIM HODGE
Phone
5409982327
Tax Period
2024-09-01 to 2025-08-31

NRVA INC, founded in 2003, is a small nonprofit in the Recreation & Sports sector that reported $284K in total revenue in fiscal year 2019. Revenue fell 32% from the prior year — a significant decline worth monitoring. Expenses of $347K exceeded revenue, resulting in a 22% operating deficit.

Mission

AMATEUR COMPETITIVE SWIM PROGRAM OPERATE AN AMATEUR COMPETITIVE SWIM PROGRAM UNDER THE AUSPICES OF USA SWIMMING INC AND VIRGINIA SWIMMING INC.

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Trantor Score

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $38,622
Program Service Revenue $447,506
Investment Income $62,693
Other Revenue $0
TOTAL REVENUE $548,821

Expense Breakdown

Grants Paid $0
Salaries & Benefits $291,155
Fundraising Expenses $0
Program Expenses $416,027
Other Expenses $168,386
TOTAL EXPENSES $459,541

Year-over-Year Comparison

2024 2023 Change
Revenue $548,821 $536,039 +0.0%
Expenses $459,541 $418,406 +0.1%
Net Income $89,280 $117,633 -0.2%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Governance

Voting Members
12
Independent Members
10
Employees
23
Volunteers
200

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
$0
Total Directors
12
$98,344
Key Employees
2
$98,344
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Richard Sanford President 7.00
Officer Director
$0 $0 $0
Mark Hollandsworth Past-President 4.00
Officer Director
$0 $0 $0
James Clark President-Elect 4.00
Officer Director
$0 $0 $0
Tim Hodge Treasurer 8.00
Officer Director
$0 $0 $0
John Rockwell Secretary 2.00
Director
$0 $0 $0
Scott Baldwin Head Coach/Board Member 40.00
Director Key Emp
$80,204 $0 $80,204
Amy Brehl Coach/Board Member 15.00
Director Key Emp
$18,140 $0 $18,140
Brett Arms Board Member 0.00
Director
$0 $0 $0
Nancy Via Board Member 0.00
Director
$0 $0 $0
Rebecca Martin Board Member 0.00
Director
$0 $0 $0
George Zolovick Board Member 0.00
Director
$0 $0 $0
Mike Grim Board Member 0.00
Director
$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
2025 $548,821 $459,541 $1,103,620 $89,280
2024 $536,039 $418,406 $1,067,265 $117,633
2023 $485,971 $406,527 $735,487 $79,444
2022 $374,310 $384,856 $708,640 $-10,546
2021 $337,550 $379,852 $820,835 $-42,302
2020 $283,873 $347,325 $689,006 $-63,452
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