Victory Formation Foundation Inc
Donations deductibleRevenue
$482k
year to 31 December 2024
Expenses
$415k
year to 31 December 2024
Total assets
$392k
$30k liabilities
Net assets
$362k
assets less liabilities
Directors and trustees
3
5.1 years on average
Staff
2
10 volunteers
Left since last filing
0
no seats appear to have opened
Officers and senior staff
2
named in Part VII
Victory Formation Foundation Inc's network
3 peoplei3 people on this map.The large node is the subject of this page. Solid lines are what the register itself records (3). Form 990 filings give names without a person identifier; SEC insider filings carry a CIK.The board
3 listediTime on the board is observed from the annual filings: the IRS files no appointment date, so the bar counts years from the first filing the person appears on - a lower bound, not a filed start date. Names are exactly as filed. The IRS publishes no person identifier, so this edition does not yet link a person across organisations.Time served and departures are observed across annual filings. Observed time served is a lower bound - a member may have joined before the first year on record. The organisation reported 1 voting members of its governing body on its latest Form 990 Part VI, which matches the board listed here.| Name | Role as filed | Since | On the board |
|---|---|---|---|
| Jeannie Gambino | Treasurer | 2021 | 5 yrs |
| Michael Taylor | Company secretary | 2021 | 5 yrs |
| TIM Vizzi | President & CEO | 2022 | 4 yrs |
Under 5 years5 to 6 years6 years or more
Officers and senior leadership
2 listediNamed in Part VII as officers, key employees or highest-compensated staff - not board members, shown for completeness.| Name | Title as filed | On the filings |
|---|---|---|
| Matt Vizzi | Director of Marketing/Operations | 2021 |
| TIM Vizzi | President & CEO | 2021 |
Pay and hours
year to 31 December 2024iFrom Part VII of the Form 990: compensation reported for each officer, director, trustee, key employee and highest-paid staff member, and the average hours a week they report. Most board members are unpaid; a blank means nothing was reported. Pay from related organisations is shown separately.| Name | Title as filed | Hours a week | Pay from the organisation | Related organisations | Other |
|---|---|---|---|---|---|
| Tim Vizzi | President & CEO | 35 | $75k | ||
| Michael Taylor | Secretary | 1 | $0 | ||
| Jeannie Gambino | Treasurer | 1 | $0 |
About
- Legal name
- Victory Formation Foundation Inc
- EIN
- 853736355
- Address
- 24711 Cordova Dr Apt B, Dana Point, CA, 92629-5319
- State
- California
- Mission
- Our league was formed to build our youth and community through sports. An outlet for kids to first have fun, and develop their skills and character through the game's lessons. Through our program, we will shape better athletes, but more importantly, better people. (as filed on the Form 990)
- Activity (NTEE)
- N65 Recreation and sports
- IRS classification
- 501(c)03 (tax-exempt under section 501(c)(3) where shown)
- Classified purpose
- Recreation & Sports
- Size band
- 4 (IRS master file code)
- Formed
- 2021
- Principal officer
- Tim Vizzi (as named on the Form 990)
- IRS ruling date
- 1 February 2022
- Status
- Code 01 (unconditional exemption)
- Form 990 filings on record
- 4, latest 2024
- IRS Publication 78
- PC (contributions deductible)
Most connected
Longest observed on the filings
≥5years on the filingsJeannie Gambino
≥5years on the filingsMichael Taylor
≥4years on the filingsTIM Vizzi
Latest return
year to 31 December 2024iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 31 December 2024. US dollars, as filed.- Total assets
- $392k
- Total liabilities
- $30k
- Net assets or fund balances
- $362k
- Contributions and grants received
- $3k
- Program service revenue
- $474k
- Grants and similar paid out
- $2k
- Employees
- 2
- Volunteers
- 10
Filed finances
1 yeariTotals as filed on the IRS Form 990 (revenue and expenses), by tax year.| Tax year | Total revenue | Total expenses | Surplus or deficit |
|---|---|---|---|
| 2024 | $482k | $415k | $67k |
As filed on the IRS Form 990. US dollars.