Franklin Wake Soccer Club is located in Youngsville, NC. The organization was established in 2007. According to its NTEE Classification (N64) the organization is classified as: Soccer, 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. Franklin Wake Soccer Club 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 07/2023, Franklin Wake Soccer Club generated $132.3k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.4%) each year. All expenses for the organization totaled $136.3k during the year ending 07/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
YOUTH SOCCER PROGRAM
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Chris Straits President | 2 | $0 | |
Ryan Phillips Vice President | 2 | $0 | |
Dean Elliot Fieldsmaintenance Coordinator | 3 | $0 | |
David Young Director Of Referees | 4 | $0 | |
Brian Cole Challengeclassic Director | 2 | $0 | |
Chris Peterson Registrar | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $1,958 |
Total Program Service Revenue | $130,100 |
Membership dues | $0 |
Investment income | $196 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $132,254 |
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 | $18,555 |
Occupancy, rent, utilities, and maintenance | $29,125 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $88,580 |
Total expenses | $136,260 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $114,232 |
Other assets | $0 |
Total assets | $299,766 |
Total liabilities | $91,374 |
Net assets or fund balances | $208,392 |