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California · Nonprofit

VICTORY FORMATION FOUNDATION INC

VICTORY FORMATION FOUNDATION INC (California) receives grants from 2 organizations whose IRS filings report $54,000 to it, the largest being SONANCE FOUNDATION ($50,000). 0 of them have funded it in more than one year.

Revenue FY2024
$482k
Funders on record
2
Grants received
$54k
Net assets
$362k
0/2 repeat funderspeak grant-dependency 21%
01What it does

What Victory Formation Foundation Inc does

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 stated on its FY2024 Form 990.

Program

  1. To assist deserving charitites in their mission.

    $124,805 spentof which $3,005 as grants$331,385 earned by the program
    100% of program spending

The program described on its FY2023 Form 990. Program spending in total: $124,805.

02The organization over time

The organization over time

Each line starts at 100 in 2021, so what you read is the shape rather than the size: 150 means half as much again as 2021, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20212021 Revenue 100 ($79k) Expenses 100 ($35k) Net assets 100 ($44k)2022 Revenue 305 ($242k) Expenses 300 ($106k) Net assets 409 ($180k)2023 Revenue 418 ($331k) Expenses 616 ($217k) Net assets 668 ($295k)2024 Revenue 608 ($482k) Expenses 1177 ($415k) Net assets 820 ($362k)
2021202220232024
Revenue (608)Expenses (1177)Net assets (820)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $44k to $180k (+309%).

$44k
$180k
$295k
$392k
2021202220232024
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

1% of VICTORY FORMATION FOUNDATION INC’s revenue is contributions — more earned-revenue than three-quarters of its peers (18% for the typical peer).

This organization
Typical peer · 16,168 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 4 reported years ran a deficit.

$44k
’21
$136k
’22
$114k
’23
$67k
’24
9.3
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Tim Vizzi

President & CEO

As listed on its FY2024 Form 990.

202220232024
Listed113
Joined···
No longer listed···
03Who funds it

Who funds it, year by year

Grant support over time, funder by funder — shade shows the grant size each year.

Funder
'22
'25*
total
funders
1
1

From the IRS filings of VICTORY FORMATION FOUNDATION INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

VICTORY FORMATION FOUNDATION INC leans on a few funders — its largest provides 93% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

93%
largest funder
100%
top three
~1
effective funders

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of VICTORY FORMATION FOUNDATION INC's grant income comes from California funders.

CA

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

VICTORY FORMATION FOUNDATION INC has grown faster than three-quarters of the 15,520 recreation & sports nonprofits its size.

Operating margin14% · above the median
Months of reserve9.3mo · above the median
Revenue growth (annualized)82% · top quartile

this organization peer median middle 50% of peers· 15,520 recreation & sports nonprofits $100k–$1M, FY2024

Organizations like VICTORY FORMATION FOUNDATION INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In California

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

44% of spending goes to programs.

Program 44%Management 56%Fundraising 0%

Governance

1
board members
100%
independent
–Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990–Audited financials

Public support

99%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

CA

Screen this organization

A dated, signed PDF of the compliance screen for VICTORY FORMATION FOUNDATION INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds VICTORY FORMATION FOUNDATION INC?
VICTORY FORMATION FOUNDATION INC (California) receives grants from 2 organizations whose IRS filings report $54,000 to it, the largest being SONANCE FOUNDATION ($50,000). 0 of them have funded it in more than one year.
How many funders does VICTORY FORMATION FOUNDATION INC have?
IRS filings report 2 organizations giving $54,000 in grants to VICTORY FORMATION FOUNDATION INC.
Who is the largest funder of VICTORY FORMATION FOUNDATION INC?
SONANCE FOUNDATION is the largest funder on record, with $50,000 in grants. The full list of funders is on this page.
How can an organization like VICTORY FORMATION FOUNDATION INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in California. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Victory Formation →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2021–2024), and the filings of 2 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing