Pipeline Soccer Charitable Foundation Inc
- Assets
- $727.8k
- Revenue
- $3.0m
- Investments
- $0.0
- Employees
- 67
- Location
- Timonium, MD
- Founding
- 05/2012
- Data as of
- 05/2022
- EIN
- 27-5434943
Organization Overview
Pipeline Soccer Charitable Foundation Inc is located in Timonium, MD. The organization was established in 2012. According to its NTEE Classification (N64) the organization is classified as: Soccer, under the broad grouping of Recreation & Sports and related organizations. As of 05/2022, Pipeline Soccer Charitable Foundation Inc employed 67 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pipeline Soccer Charitable Foundation 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 05/2022, Pipeline Soccer Charitable Foundation Inc generated $3.0m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.6% each year . All expenses for the organization totaled $3.0m during the year ending 05/2022. While expenses have increased by 15.0% 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.
Since 2017, Pipeline Soccer Charitable Foundation Inc has awarded 17 individual grants totaling $185,881. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
PIPELINE BELIEVES THE MEASURE OF A CLUB LIES IN THE QUALITY AND PERFORMANCE OF ITS PLAYERS & STAFF ON THE FIELD, PLUS THEIR CHARACTER & CONTRIBUTIONS OFF THE FIELD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE STATEMENT OF PROGRAM SERVICE ACCOMPLISHMENT
SEE STATEMENT OF PROGRAM SERVICE ACCOMPLISHMENT
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Santino Quaranta Vice President | OfficerTrustee | 100 | $199,000 |
Sean Patrick Rush President | OfficerTrustee | 100 | $178,500 |
Maryann Rush Treasurer | OfficerTrustee | 80 | $84,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $2,531,939 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $264,330 |
| All other contributions, gifts, grants, and similar amounts not included above | $184,569 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,980,838 |
| Total Program Service Revenue | $0 |
| Investment income | $59 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $8,416 |
| 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 | $2,989,313 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $3,630 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,487,832 |
| 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 | $102,646 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $329 |
| Fees for services: Accounting | $2,375 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $554,853 |
| Advertising and promotion | $75,739 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $94,590 |
| Travel | $99,447 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $18,295 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,347 |
| Insurance | $0 |
| All other expenses | $187,343 |
| Total functional expenses | $2,998,696 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $724,465 |
| 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 | $3,365 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $727,830 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $269,789 |
| 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 | $495,000 |
| Total liabilities | $764,789 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $1,000 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | -$37,959 |
| Total liabilities and net assets/fund balances | $727,830 |
Grants Awarded
Over the last fiscal year, Pipeline Soccer Charitable Foundation Inc has awarded $3,198 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
Baltimore, MD PURPOSE: SPONSOR GOLF FUNDRAISER | $1,000 |
Baltimore, MD PURPOSE: SPONSOR GOLF FUNDRAISER | $1,000 |
PINEWOOD ELEMENTARY SCHOOL PURPOSE: SCHOOL FUNDRAISER | $599 |
PINEWOOD ELEMENTARY SCHOOL PURPOSE: SCHOOL FUNDRAISER | $599 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Richmond Strikers Soccer Club Inc Glen Allen, VA | $6,484,910 | $7,892,282 |
Soccer Association Ofcolumbia Inc Ellicott City, MD | $14,674,993 | $7,834,264 |
Loudoun Youth Soccer Association Leesburg, VA | $8,456,614 | $7,397,666 |
Arlington Soccer Association Inc Arlington, VA | $7,101,878 | $5,587,943 |
Bethesda Soccer Club Inc Bethesda, MD | $4,179,616 | $5,404,213 |
Alexandria Soccer Association Inc Alexandria, VA | $6,235,592 | $5,465,888 |
Spirit Soccer Club Of Chester Co Downingtown, PA | $3,712,440 | $4,199,820 |
Pennsylvania Classics Ac East Petersburg, PA | $3,528,438 | $4,071,583 |
Mclean Youth Soccer Association Mclean, VA | $5,370,250 | $4,066,395 |
Elite Clubs National League Inc Henrico, VA | $951,283 | $2,862,570 |
Beadling Soccer Club Bridgeville, PA | $845,707 | $3,205,132 |
West Chester Soccer Club Inc West Chester, PA | $4,361,758 | $3,529,345 |