Framingham United Soccer Boosters Club Inc
- Assets
- $55.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Framingham, MA
- Founding
- 04/2001
- Data as of
- 12/2021
- EIN
- 04-2711835
Organization Overview
Framingham United Soccer Boosters Club Inc is located in Framingham, MA. The organization was established in 2001. According to its NTEE Classification (N11) the organization is classified as: Single Organization Support, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Framingham United Soccer Boosters Club Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Framingham United Soccer Boosters Club Inc generated $18.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (11.0%) each year. All expenses for the organization totaled $10.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (14.3%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
THE MONEY RAISED THROUGH SPONSORSHIPS, DONATIONS AND OTHER FUNDRAISING ACTIVITIES IS USED TO HELP KEEP THE PLAYERS COSTS OF PARTICIPATION AS LOW AS POSSIBLE, TO PROVIDE FOR EDUCATIONAL AND DEVELOPMENTAL OPPORTUNITIES FOR FRAMINGHAM UNITED SOCCER CLUB PARTICIPANTS AND TO CONTRIBUTE TO FUSCS CAPITAL EXPENSES, THROUGH SOCCER FAIRS AND OTHER EVENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Don Wendt President | 0 | $0 | |
John Corron Fusc Treasur | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $18,041 |
| Membership dues | $0 |
| Investment income | $91 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $18,132 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $900 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $4,486 |
| Total expenses | $10,836 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $49,444 |
| Other assets | $0 |
| Total assets | $55,843 |
| Total liabilities | $15,485 |
| Net assets or fund balances | $40,358 |
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