Vega Competitive Team Parents Association
Public records show a registered, tax-exempt organization in good standing.
What it says it does
The VEGA Competitive Team Parents Association VCTPA is a non-profit organization formed to promote and support the activities of the Virginia Elite Gymnastics Academy VEGA competitive gymnastics team to include Xcel Bronze Sapphire Compulsory levels 3-5 and Optional levels 6-10. Our mission is to help defray expenses related to competitive gymnastics at VEGA and make it possible for kids of all economic backgrounds to follow their dreams by helping them afford competing in a gymnastics program. Together we want to give our VEGA gymnastics community the Extras to make a great team!
- Income
- $112,289
- Spending
- $58,366
- Reserves
- 12.3 months of spending
- Largest source of income
- fees for its services, 56%
Source: Form 990EZ for the year ending May 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
We do not score finances when yearly spending is very small or the return has too little detail. The ratios stop meaning much at that size.
Source: Form 990EZ for the year ending May 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
This organization files the short tax form, which does not ask about boards, policies or audits. That is normal for a small charity and is not a mark against it.
Source: Form 990EZ for the year ending May 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $46,362 spent. The VEGA Crown Classic is a USA Gymnastics-sanctioned meet hosted to promote youth athletic development and provide competitive opportunities for gymnasts from across Region 7. Organized by our nonprofit parent association this event supports our mission to make competitive gymnastics more accessible for local athletes. In this fiscal year the meet welcomed approximately 434 athletes from 9 gymnastics clubs. The event featured Levels 2-7 and Xcel Bronze through Diamond with routines evaluated by certified judges. Funds raised from the meet help subsidize competition-related costs such as travel leotards and equipment for our team families. The meet also offered valuable leadership and service opportunities for over 50 volunteers and fostered community engagement through vendor partnerships and sponsor support.
Source: Form 990EZ for the year ending May 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending May 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since June 2023.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.