AMARILLO ELITE VOLLEYBALL INC

🔒

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

Financial Trends

Organization Details

Formation Year

2004

Legal Domicile

Principal Officer

Michael Wise

Phone

8064181669

Tax Period

2023-10-01 to 2024-09-30

AMARILLO ELITE VOLLEYBALL INC, founded in 2004, is a small nonprofit that reported $588K in total revenue in fiscal year 2023. Revenue surged 22% from the prior year, signaling strong growth momentum. Expenses of $515K left a modest 12% surplus.

Mission

Amarillo Elite Volleyball's mission is simple; help young women become the best volleyball athletes they can be while providing them with opportunities to learn leadership, sportsmanship, teamwork and a drive for excellence in life. AEV is a non-profit organization and our goal is to provide quality experience at an affordable price.

Program Service Accomplishments

Program 1

Expenses: $421,300 Revenue: $587,985

Amarillo Elite Volleyball has 18 teams of youth ages 11 to 18 that practice and compete in volleyball standard tournaments across the area and country.

Program 2

Expenses: $0 Revenue: $0

AEV gives clinics and camps to eligible participants

Program 3

Expenses: $0 Revenue: $0

Amarillo Elite Volleyball offers fall and summer instructional programs to enhance volleyball skill and training for players ages 11 to 18.

🔒

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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $80,400

Program Service Revenue $497,261

Investment Income $10,324

Other Revenue $0

TOTAL REVENUE $587,985

Expense Breakdown

Grants Paid $0

Salaries & Benefits $182,086

Fundraising Expenses $0

Program Expenses $421,300

Other Expenses $332,779

TOTAL EXPENSES $514,865

Year-over-Year Comparison

	2023	2022	Change
Revenue	$587,985	$483,227	+0.2%
Expenses	$514,865	$394,502	+0.3%
Net Income	$73,120	$88,725	-0.2%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

Total Directors

Key Employees

$57,860

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LaParsha Wise	Exec Director	40	Key Emp Highest	$47,660	$0	$47,660
Jesica Grimes	Program Manager	5	Key Emp	$10,200	$0	$10,200
Katie Klaehn	President	3	Officer Director	$0	$0	$0
Stacey Johnson	Vice President	2	Officer Director	$0	$0	$0
Sharon Burris	Secretary	2	Officer Director	$0	$0	$0
Michael Wise	Treasurer	10	Officer Director	$0	$0	$0
Shaynna Goldston	Board Member - Director	5	Director	$0	$0	$0
Lisa Loan	Board Member - Director	2	Director	$0	$0	$0
Amanda Sheetz	Director	1	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
2024	$587,985	$514,865	$310,843	$73,120
2023	$483,227	$394,502	$235,136	$88,725
2022	$344,417	$377,260	$146,026	$-32,843
2021	$368,017	$339,501	$179,751	$28,516
2020	$304,341	$277,015	$155,083	$27,326
2019	$264,463	$266,559	$126,472	$-2,096
2018	$267,902	$277,909	$128,318	$-10,007