Needham Soccer Club
- Assets
- $1.1m
- Revenue
- $991.2k
- Investments
- $0.0
- Employees
- 2
- Location
- Needham, MA
- Founding
- 08/1984
- Data as of
- 06/2021
- EIN
- 22-2529246
Organization Overview
Needham Soccer Club is located in Needham, MA. The organization was established in 1984. According to its NTEE Classification (N64) the organization is classified as: Soccer, under the broad grouping of Recreation & Sports and related organizations. As of 06/2021, Needham Soccer Club employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Needham 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 06/2021, Needham Soccer Club generated $991.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (10.2%) each year. All expenses for the organization totaled $957.8k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (10.3%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Needham Soccer Club has awarded 11 individual grants totaling $441,005. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
YOUTH SOCCER ACTIVITIES TO EDUCATE YOUNG CHILDREN ABOUT THE SPORT OF SOCCER, TO PROMOTE THE GAME AND THE PARTICIPATION OF YOUTH IN ORGANIZED AMATEUR ATHLETICS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO EDUCATE YOUNG CHILDREN ABOUT THE SPORT OF SOCCER, TO PROMOTE THE GAME AND THE PARTICIPATION OF YOUTH IN ORGANIZED AMATEUR ATHLETICS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Miskin Executive Director | Officer | 40 | $92,333 |
Eric Meyers Treasurer | OfficerTrustee | 5 | $0 |
James Mcshane Vice President | OfficerTrustee | 5 | $0 |
Damien Newman President | OfficerTrustee | 7 | $0 |
Kimberly Christie Secretary | OfficerTrustee | 5 | $0 |
Courtney Willett Boys Director | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $26,500 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,437 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $28,937 |
| Total Program Service Revenue | $954,082 |
| Investment income | $8,180 |
| 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 | $991,199 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $13,335 |
| Grants and other assistance to domestic individuals. | $10,450 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $132,583 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $11,216 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,559 |
| Fees for services: Accounting | $20,810 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $1,085 |
| All other expenses | $766,771 |
| Total functional expenses | $957,809 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $569,947 |
| Savings and temporary cash investments | $104,888 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $25,078 |
| 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 | $423,459 |
| Total assets | $1,123,372 |
| Accounts payable and accrued expenses | $70,690 |
| Grants payable | $0 |
| Deferred revenue | $387,621 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $458,311 |
| Net assets without donor restrictions | $665,061 |
| 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 | $1,123,372 |
Grants Awarded
Over the last fiscal year, Needham Soccer Club has awarded $60,390 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Boston, MA PURPOSE: SUPPORT | $48,466 |
NEEDHAM HIGH SCHOOL PURPOSE: EQUIPMENT, ETC. | $11,924 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Needham Soccer Club has recieved totaling $12,267.
| Awarding Organization | Amount |
|---|---|
Mightycause Charitable Foundation Marianna, FL PURPOSE: UNRESTRICTED | $12,267 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Grassroot Soccer Inc Hanover, NH | $9,537,323 | $6,143,795 |
New England Futbol Club Inc Mendon, MA | $10,365,419 | $7,903,438 |
F C Stars Inc Acton, MA | $11,888,113 | $7,757,610 |
Fc Greater Boston Bolts Inc Framingham, MA | $1,933,967 | $5,392,273 |
Downtown United Soccer Club Inc New York, NY | $2,387,381 | $4,600,027 |
New York Soccer Club Of Westchester Inc Purchase, NY | $1,450,794 | $3,791,791 |
Massachusetts Youth Soccer Association Incorporated Lancaster, MA | $8,182,339 | $2,646,960 |
Streetsquash Inc New York, NY | $17,573,709 | $3,349,109 |
Empire United Soccer Academy Inc West Henrietta, NY | $5,228,837 | $2,500,928 |
Eastern New York Youth Soccer Association Inc Garden City South, NY | $2,736,679 | $2,149,998 |
East Meadow Soccer Club East Meadow, NY | $1,843,002 | $2,394,107 |
Long Island Junior Soccer League Inc Ronkonkoma, NY | $4,230,833 | $2,489,730 |