Afc Rapid Soccer Club

Organization Overview

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.

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.


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Financial Statements

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

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