CROQUET FOUNDATION OF VIRGINIA INC

EIN: 811396924 501(c)(3) Recreation & Sports

Port Haywood, VA

Total Revenue
$302,611
Total Expenses
$301,877
Total Assets
$1,596
Net Assets
$1,596
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
2017
Legal Domicile
VA
Principal Officer
Macey W White Jr
Tax Period
2022-01-01 to 2022-12-31

CROQUET FOUNDATION OF VIRGINIA INC, founded in 2017, is a small nonprofit in the Recreation & Sports sector that reported $303K in total revenue in fiscal year 2022. Revenue surged 1276% from the prior year, signaling strong growth momentum.

Mission

Mission is to promote and support the amateur sport of croquet throughout the Commonwealth of Virginia through grants and education.

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Trantor Score

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

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $302,611
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $302,611

Expense Breakdown

Grants Paid $301,800
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $0
Other Expenses $77
TOTAL EXPENSES $301,877

Year-over-Year Comparison

2022 2021 Change
Revenue $302,611 $22,000 +12.8%
Expenses $301,877 $23,690 +11.7%
Net Income $734 $-1,690 -1.4%
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

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Liquidity & Cash Position

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Governance

Voting Members
5
Independent Members
5
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
1
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Macey W White Jr President 10.00
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
2022 $302,611 $301,877 $1,596 $734
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