Team Elmhurst Soccer Club
- Assets
- $605.3k
- Revenue
- $563.7k
- Investments
- $0.0
- Employees
- 11
- Location
- Elmhurst, IL
- Founding
- 08/1991
- Data as of
- 06/2023
- EIN
- 36-3761576
Organization Overview
Team Elmhurst Soccer Club is located in Elmhurst, IL. The organization was established in 1991. According to its NTEE Classification (N64) the organization is classified as: Soccer, under the broad grouping of Recreation & Sports and related organizations. As of 06/2023, Team Elmhurst Soccer Club employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Team Elmhurst 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 06/2023, Team Elmhurst Soccer Club generated $563.7k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.8%) each year. All expenses for the organization totaled $499.7k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (2.7%) per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TEAM ELMHURST SOCCER CLUB (TESC) IS A NON-PROFIT ORGANIZATION WHOSE MISSION IS TO PROVIDE A PROFESSIONAL, SAFE AND POSITIVE ENVIRONMENT IN THE PROCESS OF DEVELOPING TALENTED YOUTH PLAYERS CAPABLE OF COMPETING AT THE HIGHEST LEVELS OF COMPETITIVE YOUTH SOCCER IN THE ILLINOIS YOUTH SOCCER ASSOCIATION (IYSA) LEAGUES.WE SEEK TO PROVIDE AN EQUAL OPPORTUNITY FOR ALL SOCCER PLAYERS TO PARTICIPATE IN A COMPETITIVE ENVIRONMENT THAT DEVELOPS A PLAYER'S SKILLS, KNOWLEDGE AND APPRECIATION FOR THE GAME OF SOCCER BY INCORPORATING THE BEST TRAINING, STRUCTURE AND DEVELOPMENT THROUGH POSITIVE COACHING.THROUGH EXPERIENCES DERIVED FROM PLAYING COMPETITIVE SOCCER, WE STRIVE TO HELP PLAYERS MATURE AS PEOPLE AND WILL ENCOURAGE THE DEVELOPMENT OF IMPORTANT LIFE SKILLS SUCH AS GOOD SPORTSMANSHIP, TEAMWORK, GOAL SETTING AND FAIR PLAY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF COMMUNITY BASED SOCCER CLUB SERVING APPROXIMATELY 200 CHILDREN FROM 6 TO 18 YEARS OLD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Tooley President | OfficerTrustee | 5 | $0 |
Patrick O'malley Treasurer | OfficerTrustee | 5 | $0 |
Ben Lewis Director | OfficerTrustee | 5 | $18,801 |
Karsten Roy Director | Officer | 40 | $75,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $563,089 |
| Investment income | $654 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $563,743 |
| 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. | $93,801 |
| Compensation of current officers, directors, key employees. | $49,973 |
| Compensation to disqualified persons | $170,144 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $18,479 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,898 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $5,712 |
| Office expenses | $2,802 |
| Information technology | $6,960 |
| Royalties | $0 |
| Occupancy | $766 |
| 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 | $0 |
| Insurance | $3,536 |
| All other expenses | $35,505 |
| Total functional expenses | $499,715 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $605,344 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $605,344 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $605,344 |
| Total liabilities and net assets/fund balances | $605,344 |