Nether United Soccer Club
- Assets
- $398.9k
- Revenue
- $974.7k
- Investments
- $0.0
- Employees
- 5
- Location
- Media, PA
- Founding
- 05/1986
- Data as of
- 12/2023
- EIN
- 22-2489657
Organization Overview
Nether United Soccer Club is located in Media, PA. The organization was established in 1986. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, under the broad grouping of Recreation & Sports and related organizations. As of 12/2023, Nether United Soccer Club employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nether United 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 12/2023, Nether United Soccer Club generated $974.7k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 15.1% each year . All expenses for the organization totaled $923.6k during the year ending 12/2023. While expenses have increased by 11.6% per year over the past 9 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE, FOSTER, AND PERPETUATE THE GAME OF SOCCER ON THE YOUTH LEVEL WITHIN THE COMMUNITY IT SERVES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NETHER UNITED SOCCER CLUB CONSISTS OF OVER 800 BOYS AND GIRLS AGES 5 TO 19 PARTICIPATING IN FALL, SPRING AND WINTER SOCCER. NPAA'S OBJECTIVES ARE TO ASSEMBLE ALL LEVELS OF TEAMS AND SUPPORT GROUPS TO IMPROVE THE HEALTH AND WELL-BEING OF THE YOUTH OF OUR COMMUNITY THROUGH PRACTICING AND PLAYING COMPETITIVE SOCCER THROUGHOUT EACH YEAR, TO PROVIDE AN OPPORTUNITY FOR THE YOUTH OF OUR COMMUNITY TO PARTICIPATE IN LEAGUES, TOURNAMENTS AND OTHER ACTIVITIES THAT MAY PROVIDE BENEFICAL EXPERIENCES AS WELL AS IMPROVEMENT OF INDIVIDUAL OR TEAM SOCCER SKILLS, TO DISSEMINATE INFORMATION ON SOCCER CAMPS, ON SCHOLASTIC, COLLEGIATE AND PROFESSIONAL SOCCER PROGRAMS, AND ON ANY OTHER SOCCER PROGRAMS THAT MAY BE ACCESSED BY THE YOUTH OF OUR COMMUNITY, AND TO ASSIST THE YOUTH OF OUR COMMUNITY TO BE BETTER CITIZENS BY PROVIDING AN OPPORTUNITY TO WORK WITH THE OTHERS IN SEEKING COMMON GOALS THROUGH PARTICIPATION IN ORGANIZED SOCCER TEAMS.
TO EDUCATE AND DEVELOP COACHES, REFEREES AND PLAYERS SO THAT EACH MAY BETTER PERFORM THEIR RESPECTIVE ROLES IN HARMONY AND UNDERSTANDING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sam Griggs President | OfficerTrustee | 30 | $111,079 |
John Brennan Executive VP | OfficerTrustee | 1 | $0 |
Joshua Wilson Treasurer | OfficerTrustee | 1 | $0 |
Lisa Mcmenamin Secretary | OfficerTrustee | 4 | $14,002 |
Michael Broome Director | Trustee | 1 | $0 |
Damon Kuzemka Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $28,542 |
| All other contributions, gifts, grants, and similar amounts not included above | $36,865 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $65,407 |
| Total Program Service Revenue | $905,366 |
| Investment income | $14 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $974,745 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $26,737 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $141,481 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $68,294 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $17,510 |
| Fees for services: Management | $34,004 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,756 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,042 |
| Advertising and promotion | $150 |
| Office expenses | $2,200 |
| Information technology | $9,813 |
| Royalties | $0 |
| Occupancy | $21,618 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $10,488 |
| All other expenses | $17,416 |
| Total functional expenses | $923,582 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $293,946 |
| Savings and temporary cash investments | $104,943 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $398,889 |
| Accounts payable and accrued expenses | $6,101 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $10,000 |
| Secured mortgages and notes payable | $144,131 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $160,232 |
| Net assets without donor restrictions | $238,657 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $398,889 |