Goals For Life Inc is located in Montclair, NJ. The organization was established in 2001. 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. Goals For Life 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 12/2020, Goals For Life Inc generated $91.1k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 43.3% each year . All expenses for the organization totaled $25.0k during the year ending 12/2020. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION IS DEDICATED TO SUPPORTING WORTHY CAUSES DIRECTLY AFFECTING WOMEN AND FAMILIES THROUGH EVENTS AND SPORTS ACTIVITIES
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ANNUAL SOCCER TOURNAMENT TO SUPPORT BREAST CANCER RESEARCH WAS CANCELLED IN 2020 DUE TO THE COVID QUARANTINE.
THE ANNUAL SOCCER TOURNAMENT TO SUPPORT BREAST CANCER RESEARCH WAS CANCELLED IN 2020 DUE TO THE COVID QUARANTINE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kathleen M Lee President | OfficerTrustee | $0 | |
Martha C Bowden Secretary | OfficerTrustee | $0 | |
Ellen Paretti Treasurer | OfficerTrustee | $0 | |
Lisa Ciardi Vice President | OfficerTrustee | $0 | |
Donna J Davis Trustee | Trustee | $0 | |
Madeline Ciardi Trustee | Trustee | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $66,559 |
Noncash contributions included in lines 1a–1f | $58,566 |
Total Revenue from Contributions, Gifts, Grants & Similar | $66,559 |
Total Program Service Revenue | $0 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $24,549 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $91,108 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $22,500 |
Grants and other assistance to domestic individuals. | $0 |
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 | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
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 | $274 |
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 | $2,081 |
All other expenses | $179 |
Total functional expenses | $25,034 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $71,115 |
Savings and temporary cash investments | $0 |
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 | $71,115 |
Accounts payable and accrued expenses | $0 |
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 | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $71,115 |
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 | $71,115 |
Over the last fiscal year, Goals For Life Inc has awarded $45,000 in support to 6 organizations.
Grant Recipient | Amount |
---|---|
IN THE PINK PURPOSE: BREAST CANCER RESEARCH | $12,500 |
IN THE PINK PURPOSE: BREAST CANCER RESEARCH | $12,500 |
Mt Laurel, NJ PURPOSE: BREAST CANCER RESEARCH | $5,000 |
Verona, NJ PURPOSE: BREAST CANCER RESEARCH | $5,000 |
Verona, NJ PURPOSE: BREAST CANCER RESEARCH | $5,000 |
Mt Laurel, NJ PURPOSE: BREAST CANCER RESEARCH | $5,000 |
Over the last fiscal year, we have identified 1 grants that Goals For Life Inc has recieved totaling $22,429.
Awarding Organization | Amount |
---|---|
Frontstream Global Fund Alexandria, VA PURPOSE: Use by the organization's general fund | $22,429 |
Organization Name | Assets | Revenue |
---|---|---|
Players Development Academy Corp Bernardsville, NJ | $4,745,667 | $5,179,037 |
Downtown United Soccer Club Inc New York, NY | $2,387,381 | $4,600,027 |
Spirit Soccer Club Of Chester Co Downingtown, PA | $3,712,440 | $4,199,820 |
New York Soccer Club Of Westchester Inc Purchase, NY | $1,450,794 | $3,791,791 |
Pennsylvania Classics Ac East Petersburg, PA | $3,528,438 | $4,071,583 |
Beadling Soccer Club Bridgeville, PA | $845,707 | $3,205,132 |
West Chester Soccer Club Inc West Chester, PA | $4,361,758 | $3,529,345 |
Streetsquash Inc New York, NY | $17,573,709 | $3,349,109 |
New Jersey State Youth Soccer Association Freehold, NJ | $3,193,971 | $2,773,520 |
Empire United Soccer Academy Inc West Henrietta, NY | $5,228,837 | $2,500,928 |
Eastern Pennsylvania Youth Soccer Association Plymouth Meeting, PA | $4,001,019 | $2,867,871 |
West-Mont United Soccer Association Collegeville, PA | $1,873,787 | $2,256,412 |