Valeo Futbol Club Inc

Organization Overview

Valeo Futbol Club Inc is located in Newton Center, MA. The organization was established in 2009. According to its NTEE Classification (O20) the organization is classified as: Youth Centers & Clubs, under the broad grouping of Youth Development and related organizations. As of 12/2021, Valeo Futbol Club Inc employed 80 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Valeo Futbol Club 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 12/2021, Valeo Futbol Club Inc generated $2.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.4% each year. All expenses for the organization totaled $2.5m during the year ending 12/2021. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

SPORTS EDUCATION AND TRAINING ORGANIZATION FOCUSED ON DEVELOPING COMPETITIVE SOCCER PLAYERS THAT COMPETE NATIONALLY AND GLOBALLY

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO RUN VARIOUS CAMPS AND CLINICS TO FINE TUNE SKILLS REQUIRED TO COMPETE ON A NATIONAL GLOBAL STAGE


INCREASE ACCESS AND OPPORTUNITIES IN YOUTH SPORTS PARTICIPATION. PROVIDE ACCESS TO HIGH LEVEL TRAINING TO ECONOMICALLY DISADVANTAGED GROUPS. PROVIDE EDUCATION IN ALL ASPECTS OF HEALTH AND WELLNESS PROVIDE TUTORING SERVICES IN ORDER TO ENCOURAGE ACADEMIC EXCELLENCE IN THE CLASSROOM. REINFORCE THE VALUES OF VOLUNTEERING, COMMUNITY ACTIVISM AND CIVIC AWARENESS


TO SPONSOR AND PROVIDE QUALIFIED ATHLETES WITH ACCESS TO COMPETE IN EUROPEAN TOURNAMENTS.


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Board, Officers & Key Employees

Name (title)Compensation
Emelio Williams
Director
$117,500
Jay Nickpour
Director
$60,000

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$1,667,614
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,667,614
Total Program Service Revenue$481,669
Investment income $0
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 $2,149,283

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