Premier Volleyball

EIN: 470806551 501(c)(3) Human Services

Omaha, NE

Total Revenue
$1,330,847
Total Expenses
$1,390,686
Total Assets
$138,370
Net Assets
$43,189
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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
1998
Legal Domicile
NE
Principal Officer
RICHARD WELCH
Phone
4024450669
Tax Period
2022-09-01 to 2023-08-31

Premier Volleyball, founded in 1998, is a community nonprofit in the Human Services sector that reported $1.3M in total revenue in fiscal year 2022. Revenue grew 16% year-over-year, indicating healthy expansion.

Mission

Youth volleyball club to participate in amatuer competitions locally and nationally. Teams are open to the public and do not discriminate against race, religion, or creed. Approximately 280 youth participate.

Program Service Accomplishments

Program 1
Expenses: $1,390,686 Revenue: $1,330,847

See #1 above. There is only one program carried on by this corporation

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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 (2022)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $1,229,974
Investment Income $100,773
Other Revenue $100
TOTAL REVENUE $1,330,847

Expense Breakdown

Grants Paid $0
Salaries & Benefits $91,786
Fundraising Expenses $0
Program Expenses $1,390,686
Other Expenses $1,298,900
TOTAL EXPENSES $1,390,686

Year-over-Year Comparison

2022 2021 Change
Revenue $1,330,847 $1,147,166 +0.2%
Expenses $1,390,686 $1,179,554 +0.2%
Net Income $-59,839 $-32,388 +0.8%
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
2
Independent Members
2
Employees
2
Volunteers
18

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
1
$49,000
Total Directors
1
$49,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RICHARD WELCH President N/A
Officer Director
$49,000 $0 $49,000
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
2023 $1,330,847 $1,390,686 $138,370 $-59,839
2022 $1,147,166 $1,179,554 $260,439 $-32,388
2021 $997,757 $954,662 $278,191 $43,095
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