United States Soccer Foundation Inc
- Assets
- $55.2m
- Revenue
- $11.2m
- Investments
- $0.0
- Employees
- 32
- Location
- Washington, DC
- Founding
- 01/1995
- Data as of
- 06/2022
- EIN
- 36-3976313
Organization Overview
United States Soccer Foundation Inc, operating under the name Us Soccer Foundation, is located in Washington, DC. The organization was established in 1995. According to its NTEE Classification (N70) the organization is classified as: Amateur Sports Competitions, under the broad grouping of Recreation & Sports and related organizations. As of 06/2022, Us Soccer Foundation employed 32 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Us Soccer Foundation 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 06/2022, Us Soccer Foundation generated $11.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.8% each year. All expenses for the organization totaled $12.1m during the year ending 06/2022. While expenses have increased by 1.6% per year over the past 7 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.
Since 2015, Us Soccer Foundation has awarded 553 individual grants totaling $37,083,933. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO ENHANCE, ASSIST, AND GROW THE SPORT OF SOCCER IN THE UNITED STATES WITH A SPECIAL EMPHASIS ON UNDESERVED COMMUNITIES.
Describe the Organization's Program Activity:
THE FOUNDATION VIEWS SOCCER AS A POWERFUL VEHICLE FOR SOCIAL CHANGE. BY SUPPORTING THE DEVELOPMENT OF PLACES TO PLAY, PLACES TO GROW, AND PLACES TO LEARN, OUR GOAL IS TO ENSURE THAT CHILDREN IN UNDERSERVED COMMUNITIES HAVE EASY AND AFFORDABLE ACCESS TO QUALITY SOCCER PROGRAMS THAT SUPPORT THEIR PHYSICAL AND PERSONAL DEVELOPMENT.
PUBLIC AWARENESS: TO FOSTER PUBLIC INTEREST AND ENTHUSIASM FOR SOCCER AS A SPORT AND AS A VEHICLE FOR YOUTH DEVELOPMENT AND SOCIAL CHANGE.
PUBLIC ADVOCACY - THE FOUNDATION'S ADVOCACY EFFORTS FOCUS ON USING SPORT AS A VEHICLE TO PROMOTE YOUTH DEVELOPMENT, HEALTH AND WELLNESS, AND POSITIVE SOCIAL CHANGE. THIS INCLUDES COMBATING CHILDHOOD OBESITY, PREVENTING YOUTH DELINQUENCY, AND PROVIDING YOUTH WITH SAFE AND ACCESSIBLE PLACES TO PLAY - A CRITICAL NEED PARTICULARLY IN UNDERSERVED COMMUNITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles Stimson Chairman | OfficerTrustee | 5 | $0 |
Kevin Payne Vice Chairperson | OfficerTrustee | 5 | $0 |
David Nathanson Treasurer | OfficerTrustee | 5 | $0 |
Dana Weintraub Secretary | OfficerTrustee | 5 | $0 |
Brian Weinstein Board Member | Trustee | 1 | $0 |
Danielle Slaton Board Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Goldin Group Consulting | 6/29/22 | $187,225 |
My Hr Consultant Llc Consulting | 6/29/22 | $115,988 |
Idealist Consulting Consulting | 6/29/22 | $110,100 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,857,913 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,389,477 |
| Noncash contributions included in lines 1a–1f | $91,974 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,247,390 |
| Total Program Service Revenue | $670,138 |
| Investment income | $624,008 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $2,501,268 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $11,207,758 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $5,493,723 |
| 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. | $735,855 |
| Compensation of current officers, directors, key employees. | $188,280 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,150,126 |
| Pension plan accruals and contributions | $63,381 |
| Other employee benefits | $189,593 |
| Payroll taxes | $205,336 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $175,039 |
| Fees for services: Other | $780,106 |
| Advertising and promotion | $53,447 |
| Office expenses | $24,868 |
| Information technology | $88,337 |
| Royalties | $0 |
| Occupancy | $640,895 |
| Travel | $355,675 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $317,657 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $135,555 |
| Insurance | $0 |
| All other expenses | $263,680 |
| Total functional expenses | $12,065,541 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $3,998,212 |
| Pledges and grants receivable | $3,867,920 |
| 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 | $213,908 |
| Net Land, buildings, and equipment | $757,277 |
| Investments—publicly traded securities | $46,285,994 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $63,421 |
| Total assets | $55,186,732 |
| Accounts payable and accrued expenses | $1,321,977 |
| Grants payable | $101,636 |
| Deferred revenue | $871,893 |
| 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 | $68 |
| Other liabilities | $1,322,599 |
| Total liabilities | $3,618,173 |
| Net assets without donor restrictions | $43,589,945 |
| Net assets with donor restrictions | $7,978,614 |
| 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 | $55,186,732 |
Grants Awarded
Over the last fiscal year, United States Soccer Foundation Inc has awarded $657,446 in support to 30 organizations.
| Grant Recipient | Amount |
|---|---|
ACTIVE CHILDREN PORTLAND PURPOSE: SOCCER YOUTH PROGRAM | $30,000 |
ADELANTE MUJERES PURPOSE: SOCCER YOUTH PROGRAM | $12,100 |
AFTER-SCHOOL ALL-STARS SOUTH FLORIDA PURPOSE: SOCCER YOUTH PROGRAM | $10,151 |
AMERICA SCORES BAY AREA PURPOSE: SOCCER YOUTH PROGRAM | $62,364 |
BAY AREA WOMEN'S SPORTS INITIATIVE (BAWSI) PURPOSE: SOCCER YOUTH PROGRAM | $10,353 |
BIRMINGHAM CITY SCHOOLS PURPOSE: SOCCER YOUTH PROGRAM | $6,500 |