ALBUQUERQUE, NM
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)505 VOLLEYBALL ACADEMY INC, founded in 2017, is a small nonprofit that reported $679K in total revenue in fiscal year 2019. Revenue surged 23% from the prior year, signaling strong growth momentum. Expenses of $634K left a modest 7% surplus.
Our mission is to serve as an outreach program to provide access to children and adolescents in the community to participate in competitive club volleyball and establish an atmosphere where all players and family members feel a sense of belonging. And also provide an atmosphere where our student-athletes understand the value of competition, self-esteem, personal growth and physical health and can excel on and off the court. Teaching positive lifelong character traits including sportsmanship, leadership, and cooperation is important to the success of our teams. We believe providing this climate will enhance their abilities and enrich the athletes' overall physical health while playing volleyball in a productive, safe and fun environment.
505 Volleyball Academy, Inc. is a club committed to educating and improving the self-esteem, self-sufficiency and physical health of children and adolescents through the fundamental skills and...
505 Volleyball Academy, Inc. is a club committed to educating and improving the self-esteem, self-sufficiency and physical health of children and adolescents through the fundamental skills and strategy of volleyball while focusing on discipline, unity, intensity, and trust! Teaching positive lifelong character traits including sportsmanship, leadership, and cooperation is important to the success of our teams. 505 Volleyball Academy, Inc. believes that every child should be offered the opportunity to develop skills that will enable them to excel and compete successfully at the middle school and high school level. We are a community-based non-profit organization committed to training and developing student athletes through competitive participation in the sport of volleyball.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2019 | 2018 | Change | |
|---|---|---|---|
| Revenue | $679,317 | $553,687 | +0.2% |
| Expenses | $633,546 | $638,227 | 0.0% |
| Net Income | $45,771 | $-84,540 | -1.5% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| MIKE FOOTE | Vice President | 15.00 |
Officer
Director
|
$0 | $0 | $0 |
| SANDRA ABEYTA-LOPEZ | Director | 5.00 |
Director
|
$0 | $0 | $0 |
| ALAN GORENZ | Director | 10.00 |
Director
|
$0 | $0 | $0 |
| SCOTT GRADY | Director | 15.00 |
Director
|
$0 | $0 | $0 |
| HENRY SANDOVAL | Director | 15.00 |
Director
|
$0 | $0 | $0 |
| KEVIN BANKS | Director | 15.00 |
Director
|
$0 | $0 | $0 |
| CHAD MCKINNEY | President | 15.00 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2020 | $679,317 | $633,546 | $242,663 | $45,771 |
| 2019 | $553,687 | $638,227 | $60,265 | $-84,540 |
Compare 505 VOLLEYBALL ACADEMY INC with other nonprofits in New Mexico and across the country.