2024-01-19T10:42:09-06:00 2023-08-31 540504608 BROWN EDWARDS & COMPANY LLP 810 SOUTHPARK BLVD 2ND FLOOR COLONIAL HEIGHTS VA 23834 990 2022-09-01 541101858 RICHMOND VOLLEYBALL CLUB RICH 8043583000 2921 BYRDHILL ROAD HENRICO VA 23228 DARCY C CARROLL EXECUTIVE DIRECTOR 8043583000 2024-01-15 1 DARCY CARROLL XXX-XX-XXXX 0 M JAMES HARTSON JR CPA P00590214 8047335566 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z DARCY C CARROLL 2921 BYRDHILL ROAD HENRICO VA 23228 4291986 0 X WWW.RVC.NET X 1981 VA THE RICHMOND VOLLEYBALL CLUB IS DEDICATED TO PROVIDING A LIFETIME OF OPPORTUNITY THROUGH THE SPORT OF VOLLEYBALL BY PROMOTING INTEREST IN THE SPORT, TEACHING AND DEVELOPING SKILLS AND TECHNIQUES, AND FOSTERING TEAMWORK, SPORTSMANSHIP, AND AN APPRECIATION FOR HEALTH AND WELLNESS. 10 10 254 556 0 0 344220 54190 3293143 3741596 3849 -37371 129260 98361 3770472 3856776 48406 66314 0 0 1459043 1787808 0 0 10885 2094496 2145445 3601945 3999567 168527 -142791 4492529 5276778 2520962 3395561 1971567 1881217 X THE RICHMOND VOLLEYBALL CLUB IS DEDICATED TO PROVIDING A LIFETIME OF OPPORTUNITY THROUGH THE SPORT OF VOLLEYBALL BY PROMOTING INTEREST IN THE SPORT, TEACHING AND DEVELOPING SKILLS AND TECHNIQUES, AND FOSTERING TEAMWORK, SPORTSMANSHIP, AND AN APPRECIATION FOR HEALTH AND WELLNESS. 0 0 3646759 66314 3742855 TO FOSTER AMATEUR VOLLEYBALL COMPETITION FOR ADULTS AND JUNIORS AND TO SUPPORT AND DEVELOP AMATEUR VOLLEYBALL PLAYERS FOR SUCH COMPETITION THROUGH INSTRUCTIONAL CAMPS, COMPETITIVE AND RECREATIONAL LEAGUES, AND TOURNAMENTS 3646759 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 116 0 1 254 1 0 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X X DARCY CARROLL 8043583000 2921 BYRDHILL ROAD RICHMOND VA 23228 MICK SLADIC PRESIDENT 1.00 X X 6285 0 0 PRISCILLA WRIGHT VICE PRESIDENT 1.00 X X 0 0 0 MICHELLE MERTENS TREASURER 1.00 X X 0 0 0 JACKI QUINLAN SECRETARY 1.00 X X 0 0 0 MICAH WHITE VICE PRESIDENT - GOVERANCE 1.00 X 0 0 0 DEVIN KEELER DIRECTOR 1.00 X 0 0 0 DANIEL JONGLEUX DIRECTOR 1.00 X 0 0 0 WHITNEY CURTIS DIRECTOR 1.00 X 0 0 0 DAVE MUDDIMAN DIRECTOR 1.00 X 0 0 0 DARCY C CARROLL EXECUTIVE DIRECTOR 40.00 X 99300 0 15119 105585 0 15119 0 0 0 0 0 54190 54190 PROGRAM FEES 900099 1960601 1960601 TOURNAMENTS AND CLINIC 900099 1592858 1592858 MEMBERSHIP DUES 900099 188137 188137 3741596 2650 2650 68549 0 68549 68549 68549 40021 -40021 -40021 -40021 34484 7753 26731 26731 389258 387436 1822 1822 MISCELLANEOUS 900099 1259 1259 1259 3856776 3742855 0 59731 66314 66314 114825 89564 25261 1460470 1271560 179746 9164 88907 69347 19560 123606 107614 15297 695 12558 12558 19363 19363 5847 5847 21019 21019 90737 81663 9074 24576 22118 2458 593574 561288 32286 76014 72213 3801 194593 184863 9730 57578 51820 5758 TOURNAMENT AND CAMP EXP 718703 718703 PROGRAM EXPENSES 177754 177754 CREDIT CARD AND BANK CH 123695 123695 MISCELLANEOUS 12865 10655 1184 1026 16569 16569 3999567 3646759 341923 10885 332049 78080 336625 226131 37732 38664 15958 16310 78783 139083 5450868 1929777 3555381 3521091 41862 38421 94139 1218998 4492529 5276778 326106 139629 150036 155477 1965794 1836333 79026 56425 0 1207697 2520962 3395561 X 1971567 1881217 1971567 1881217 4492529 5276778 X -142791 52441 X X 0 1 X 1 0 X 42342 44796 324477 344220 44190 800025 3413182 2244236 2573214 3293143 3741596 15265371 404162 227994 206337 353984 423742 1616219 3859686 2517026 3104028 3991347 4209528 17681615 0 0 0 17681615 63107 26046 37194 56996 71199 254542 63107 26046 37194 56996 71199 254542 7861 7857 275228 52966 1259 345171 3930654 2550929 3416450 4101309 4281986 18281328 0.96720 0.96700 0.01390 0.01340 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 668360 668360 3893602 1383128 2510474 12606 6619 5987 876300 540030 336270 3521091 INTEREST RATE-SWAP AGREEMENT 146580 RIGHT OF USE ASSETS 1072418 1218998 LEASE LIABILITY 1207697 1207697 X 3842903 52441 52441 3790462 66314 66314 3856776 3933253 0 3933253 66314 66314 3999567 PART X, LINE 2: THE CLUB FOLLOWS GENERALLY ACCEPTED ACCOUNTING PRINCIPLES REGARDING "ACCOUNTING FOR UNCERTAIN TAX POSITIONS". THIS PROVIDES DETAILED GUIDANCE FOR FINANCIAL STATEMENT RECOGNITION, MEASUREMENT, AND DISCLOSURE OF UNCERTAIN TAX POSITIONS RECOGNIZED IN THE CLUB'S FINANCIAL STATEMENTS. IT REQUIRES AN ENTITY TO RECOGNIZE THE FINANCIAL STATEMENT IMPACT OF A TAX POSITION WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL NOT BE SUSTAINED UPON EXAMINATION. THE TAX YEARS OF 2020 TO 2022 REMAIN SUBJECT TO EXAMINATION BY THE TAXING AUTHORITIES. THE CLUB INCLUDES PENALTIES AND INTEREST ASSESSED BY INCOME TAXING AUTHORITIES IN OPERATING EXPENSES. THE CLUB DID NOT HAVE PENALTIES AND INTEREST EXPENSES FOR THE YEARS ENDED AUGUST 31, 2023 AND 2022. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN FAIR VALUE OF INTEREST-RATE SWAP AGREEMENT PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS NETTED AGAINST PROGRAM FEES FOR FINANCIAL STATEMENT PURPOSES PART XII, LINE 2D - OTHER ADJUSTMENTS: ` PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS NETTED AGAINST PROGRAM FEES FOR FINANCIAL STATEMENT PURPOSES 34484 5512 2241 0 34484 5512 2241 7753 26731 VA 1 0 1 0 1.00000 MANAGEMENT 2921 BYRDHILL ROAD RICHMOND VA 23228 1 9540 1133 LADS NETWORK SOLUTIONS INC PO BOX 6361 CHESTERFIELD MO 63006 0 1 SCHOLARSHIPS 43 62614 LOVE OF THE GAME 3 3000 A ECON DEV AUTH OF HENRICO CO VA 541197472 000000000 2010-03-15 3200000 ACQUISITION, RENOVATION, AND EQUIPING OF ATHLETIC FACILITY 0 0 0 A 1363667 3200000 2011 0 0 0 1 A 0 0 0 0 0 1 0.00100 0 1 A 0 1 1 0 1 0 0 0 1 A 0 FORM 990, PART VI, SECTION A, LINE 6 ANY PERSON WHO HAS PAID MEMEBERSHIP DUES FOR THE SEASON IN PROGRESS SHALL BE CONSIDERED A MEMBER FORM 990, PART VI, SECTION A, LINE 7A THE SOLE VOTING RIGHT THAT MEMBERS HAVE SHALL BE TO ELECT DIRECTORS AT ANNUAL AND SPECIAL MEETINGS OF THE MEMBERS FORM 990, PART VI, SECTION B, LINE 11B AN ELECTRONIC COPY OF FORM 990 IS PROVIDED TO BOARD PRIOR TO FILING FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION'S PROCESS FOR MONITORING AND ENFORCING COMPLIANCE WITH THE CONFLICT OF INTERST POLICY REQUIRES ALL DIRECTORS ON ANNUAL BASIS TO SIGN AND DISCLOSE ON A FORMAL FORM ANY CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15A EXECUTIVE DIRECTOR IS THE ONLY COMPENSATED OFFICER AND HIS/HER SALARY IS DETERMINED BY EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS THAT WORK WITH AN INDEPENDENT HR CONSULTANT WHO GATHERS SALARY COMPS TO ENSURE SALARY IS APPROPRIATE. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF INTEREST-RATE SWAP AGREEMENT 52,441. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PREVIOUS YEAR.