Capital Soccer Club Inc
- Assets
- $279.4k
- Revenue
- $441.2k
- Investments
- $0.0
- Employees
- 4
- Location
- Montpelier, VT
- Founding
- 01/2006
- Data as of
- 09/2023
- 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 09/2023, 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 09/2023, Capital Soccer Club Inc generated $441.2k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $457.0k during the year ending 09/2023. While expenses have increased by 1.6% per year over the past 8 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eric Bagley Dir Of Admin | Officer | 21 | $72,971 |
George Cook Dir Of Finance | Officer | 21 | $32,862 |
Paul Hutchins Chairman | OfficerTrustee | 1 | $0 |
Erik Schwarz Vice Chairman | OfficerTrustee | 1 | $0 |
Jay Ericson Director | Trustee | 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 | $1,360 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,800 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,160 |
| Total Program Service Revenue | $406,115 |
| Investment income | $6,429 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $16,267 |
| Net Income from Gaming Activities | $7,220 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $441,191 |
| 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. | $101,963 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $52,189 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $11,558 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,922 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $39,582 |
| Advertising and promotion | $1,033 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $36,291 |
| Travel | $121,355 |
| 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 | $4,362 |
| Insurance | $2,799 |
| All other expenses | $9,535 |
| Total functional expenses | $457,044 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | -$65 |
| Savings and temporary cash investments | $158,207 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $11,325 |
| 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 | $15,482 |
| Investments—publicly traded securities | $94,427 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $279,376 |
| Accounts payable and accrued expenses | $447 |
| Grants payable | $0 |
| Deferred revenue | $49,210 |
| 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 | $0 |
| Total liabilities | $49,657 |
| Net assets without donor restrictions | $176,073 |
| Net assets with donor restrictions | $53,646 |
| 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 | $279,376 |