Afc Rapid Soccer Club is located in Bronx, NY. 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. Afc Rapid 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, Afc Rapid Soccer Club generated $32.1k in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $31.5k during the year ending 12/2023. While expenses have increased by 4.5% per year over the past 2 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
AFC RAPID PROVIDES CHILDREN ENJOYABLE RECREATIONAL EXPERIENCE THROUGH THIS SOCCER PROGRAM. TO DEVELOP COMPETITIVE YOUTH TEAMS BY GIVING EVERY PLAYER THE OPPORTUNITY TO EXCEL AT SOCCER AND TO BUILD POSITIVE CHARACTER, PROMOTE PRINCIPLES OF FAIR PLAY AND DEVELOP LASTING FRIENDSHIPS. THE PROGRAM PROMOTES THE SPIRIT OF SPORTSMANSHIP AND HEALTHY COMPETITION. REGISTRATION FEES AND TEAM SPONSORSHIPS ARE THE PRIMARY INCOME SOURCE SUPPORTING LEAGUE ACTIVITIES, UNIFORMS, INSURANCE, EQUIPMENT AND GENERAL MAINTENANCE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Stefan Manz President / Treasurer | 4 | $0 | |
Kevin Morley Director Of Youth Programs | 2 | $0 | |
Thomas Ievoli Director Of Equipment And Procurement | 2 | $0 | |
Grace Cerini Director Of Communications | 2 | $0 | |
Justo Ordonez Director Of Tryouts | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $30,544 |
Total Program Service Revenue | $0 |
Membership dues | $1,404 |
Investment income | $181 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $32,129 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $28,051 |
Occupancy, rent, utilities, and maintenance | $1,553 |
Printing, publications, postage, and shipping | $1,931 |
Other expenses | $0 |
Total expenses | $31,535 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $11,916 |
Other assets | $0 |
Total assets | $11,916 |
Total liabilities | $0 |
Net assets or fund balances | $11,916 |