Franklin Wake Soccer Club
- Assets
- $313.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Youngsville, NC
- Founding
- 01/2007
- Data as of
- 07/2022
- EIN
- 20-0997949
Organization Overview
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 07/2022, Franklin Wake Soccer Club generated $117.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.8% each year. All expenses for the organization totaled $106.9k during the year ending 07/2022. While expenses have increased by 5.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
2022
Describe the Organization's Program Activity:
Part 3
YOUTH SOCCER PROGRAM
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chris Straits President | 2 | $0 | |
Ryan Phillips Vice President | 2 | $0 | |
David Young Director Of Referees | 4 | $0 | |
Don Roach Purchasing Director | 1.5 | $0 | |
Brian Cole Challengeclassic Director | 2 | $0 | |
Brian Gackstetter Fieldsmaintenance Coordinator | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $117,163 |
| Membership dues | $0 |
| Investment income | $126 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $117,289 |
| 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 | $11,846 |
| Occupancy, rent, utilities, and maintenance | $21,539 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $73,532 |
| Total expenses | $106,917 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $125,364 |
| Other assets | $0 |
| Total assets | $313,935 |
| Total liabilities | $101,537 |
| Net assets or fund balances | $212,398 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Franklin Wake Soccer Club has recieved totaling $100.
| Awarding Organization | Amount |
|---|---|
The Duke Energy Foundation Charlotte, NC PURPOSE: EMPLOYEE MATCHING GIFTS | $100 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Capital Area Soccer League Inc Raleigh, NC | $15,967,738 | $13,846,448 |
Nc Triad Fusion Inc Bermuda Run, NC | $14,278,028 | $8,923,871 |
Carolinas Football Club Cornelius, NC | $1,803,647 | $7,874,250 |
Charlotte Soccer Academy Pineville, NC | $10,553,353 | $8,684,226 |
Richmond Strikers Soccer Club Inc Glen Allen, VA | $6,484,910 | $7,892,282 |
Loudoun Youth Soccer Association Leesburg, VA | $8,456,614 | $7,397,666 |
Nasa Tophat Inc Kennesaw, GA | $5,043,211 | $7,270,572 |
Arlington Soccer Association Inc Arlington, VA | $7,101,878 | $5,587,943 |
Cobb Futbol Club Marietta, GA | $5,753,138 | $5,185,277 |
Alexandria Soccer Association Inc Alexandria, VA | $6,235,592 | $5,465,888 |
United Futbol Academy Inc Cumming, GA | $562,305 | $4,953,862 |
Atlanta Concorde Fire Soccer Association Inc Atlanta, GA | $1,822,580 | $4,589,073 |