Capital Soccer Club Inc
- Assets
- $310.6k
- Revenue
- $357.8k
- Investments
- $0.0
- Employees
- 4
- Location
- Montpelier, VT
- Founding
- 01/2006
- Data as of
- 09/2021
- EIN
- 34-2034406
Organization Overview
Capital Soccer Club Inc is located in Montpelier, VT. The organization was established in 2006. According to its NTEE Classification (N64) the organization is classified as: Soccer, under the broad grouping of Recreation & Sports and related organizations. As of 09/2021, Capital Soccer Club Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Capital Soccer 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 09/2021, Capital Soccer Club Inc generated $357.8k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.2%) each year. All expenses for the organization totaled $326.5k during the year ending 09/2021. As we would expect to see with falling revenues, expenses have declined by (3.4%) per year over the past 6 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
ATHLETIC CLUB PROVIDING SOCCER INSTRUCTION AND COMPETITIVE TEAM PLAY THROUGH CLINICS, INSTRUCTIONAL PROGRAMS AND TOURNAMENT PLAY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ORGANIZED AND OPERATED CLUB SOCCER PROGRAMS FOR ABOUT 180 AMATEUR PLAYERS RANGING FROM AGE 8 TO ADULT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eric Bagley Dir Of Admin | Officer | 21 | $59,290 |
George Cook Dir Of Finance | Officer | 21 | $27,854 |
Paul Hutchins Chairman | OfficerTrustee | 1 | $0 |
Erik Schwarz Vice Chairman | OfficerTrustee | 1 | $0 |
Jim Lacroix Secretary | OfficerTrustee | 1 | $0 |
Rodger Krussman Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $24,800 |
| All other contributions, gifts, grants, and similar amounts not included above | $11,134 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $35,934 |
| Total Program Service Revenue | $308,235 |
| Investment income | $2,429 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $11,195 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $357,793 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $86,827 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $52,729 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $10,676 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,539 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $48,899 |
| Advertising and promotion | $345 |
| Office expenses | $0 |
| Information technology | $3,038 |
| Royalties | $0 |
| Occupancy | $16,929 |
| 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 | $3,902 |
| Insurance | $6,587 |
| All other expenses | $18,895 |
| Total functional expenses | $326,519 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $169 |
| Savings and temporary cash investments | $228,206 |
| 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 | $1,901 |
| Net Land, buildings, and equipment | $14,757 |
| Investments—publicly traded securities | $65,577 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $310,610 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $54,136 |
| 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 | $24,800 |
| Other liabilities | $1 |
| Total liabilities | $78,937 |
| Net assets without donor restrictions | $175,941 |
| Net assets with donor restrictions | $55,732 |
| 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 | $310,610 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Capital Soccer Club Inc has recieved totaling $7,000.
| Awarding Organization | Amount |
|---|---|
Vermont Community Foundation Middlebury, VT PURPOSE: GENERAL PURPOSE | $7,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Grassroot Soccer Inc Hanover, NH | $9,537,323 | $6,143,795 |
New England Futbol Club Inc Mendon, MA | $10,365,419 | $7,903,438 |
F C Stars Inc Acton, MA | $11,888,113 | $7,757,610 |
Fc Greater Boston Bolts Inc Framingham, MA | $1,933,967 | $5,392,273 |
Downtown United Soccer Club Inc New York, NY | $2,387,381 | $4,600,027 |
New York Soccer Club Of Westchester Inc Purchase, NY | $1,450,794 | $3,791,791 |
Massachusetts Youth Soccer Association Incorporated Lancaster, MA | $8,182,339 | $2,646,960 |
Streetsquash Inc New York, NY | $17,573,709 | $3,349,109 |
Empire United Soccer Academy Inc West Henrietta, NY | $5,228,837 | $2,500,928 |
Eastern New York Youth Soccer Association Inc Garden City South, NY | $2,736,679 | $2,149,998 |
East Meadow Soccer Club East Meadow, NY | $1,843,002 | $2,394,107 |
Long Island Junior Soccer League Inc Ronkonkoma, NY | $4,230,833 | $2,489,730 |