505 VOLLEYBALL ACADEMY INC
ALBUQUERQUE,
New Mexico,
87193
EIN: 82-3263631
Recreation, Sports, Leisure, Athletics
DEMOGRAPHIC
ADDRESS
PO BOX 66212
87193
COUNTY
bernalillo county, NM
IN CARE OF NAME
JOSEPH PALMER
ORGANIZATIONAL OVERVIEW & RANKINGS
505 VOLLEYBALL ACADEMY INC is a based in ALBUQUERQUE, NM, focused on Recreation, Sports, Leisure, Athletics causes , specifically Amateur Sports Clubs, Leagues, N.E.C.. Established in July 2018, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $242,663.00, this ranks 383,505 among 2,656,690 nonprofits nationally (Top 15%), demonstrating significant financial capacity relative to its peers. At the state level, it stands at 2,159 out of 15,845 organizations in NM (Top 14%).
In bernalillo county, NM, the organization ranks 742 out of 5,042 nonprofits by assets (Top 15%), while locally in albuquerque, it stands at 725 among 4,811 organizations (Top 15%).
The organization reported annual revenue of $679,317.00, ranking 155,555 nationally (Top 6%) and 935 in NM (Top 6%).
Within its specific NTEE classification (N60 - N: Recreation, Sports, Leisure, Athletics), which includes 27,325 similar organizations, 505 VOLLEYBALL ACADEMY INC ranks 613 in assets (Top 3%) and 315 in revenue (Top 2%).
Note: This organization's tax-exempt status was temporarily revoked on March 15, 2024 .
The organization files a 990 (all other) or 990EZ return and operates on a September fiscal year.
CLASSIFICATION
ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
N/A
NTEE COMMON CODE
N: Recreation, Sports, Leisure, Athletics
NTEE CODE
N60: Amateur Sports Clubs, Leagues, N.E.C.
FOUNDATION CODE
16: Organization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes. 509(a)(2)
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
Note: A current revocation appears on the IRS revocation list
Revoked: Friday, March 15, 2024;
IRS STATEMENT:
"Important note: Just because an organization appears on this list, it does not
mean the organization is currently revoked, as they may have been reinstated."
You may confirm an organization's status by calling the IRS (toll-free) at 1-877-829-5500.
TAX PERIOD
10/2020
ACCOUNTING PERIOD
10
INCOME CODE
5: $500,000 to $999,999
INCOME AMOUNT
$679,317.00
FORM 990 REVENUE AMOUNT
$679,317.00
RULING DATE
07/2018
ASSET CODE
4: $100,000 to $499,999
ASSET AMOUNT
$242,663.00
FILING REQUIREMENT CODE
990 (all other) or 990EZ return
PF FILING REQUIREMENT CODE
No 990-PF return
Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.
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