Boreal Futbol Club

Organization Overview

Boreal Futbol Club is located in Elk River, MN. The organization was established in 1982. 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. Boreal Futbol 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 12/2022, Boreal Futbol Club generated $1.1m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 14.6% each year . All expenses for the organization totaled $1.2m during the year ending 12/2022. While expenses have increased by 20.2% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE PURPOSE OF THE ORGANIZATION IS: (1) TO PROMOTE THE GAME OF SOCCER BY PROVIDING FACILITIES AND PROGRAMMING FOR PARTICIPATION IN SOCCER, (2) TO TRAIN COACHES AND REFEREES, (3) TO PROVIDE INFORMATION MATERIALS AND PROGRAMS TO ALLOW A BETTER UNDERSTANDING OF THE GAME BY THE GENERAL PUBLIC, (4) TO PROMOTE GOOD SPORTMANSHIP BY PLAYERS AND SPECTATORS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

1.RECREATION SOCCER - THE ORGANIZATION HOLDS SUMMER AND FALL RECREATION PROGRAMS FOR CHILDREN IN THE SURROUNDING COMMUNITIES TO PLAY SOCCER AND HELP DEVELOP THEIR SKILLS. THE SUMMER 2022 PROGRAM WAS HELD FROM MAY THROUGH JUNE FOR THE AGE GROUPS 4 TO 14. THE SUMMER PROGRAM HAS 147 TEAMS AND 1122 PLYERS. THE FALL 2021 PROGRAM WAS HELD FROM SEPTEMBER THROUGH OCTOBER WITH 285 PLAYERS AND 48 TEAM PARTICIPATING FROM AGES 4 TO 13.


2. TRAVEL/COMPETITIVE SOCCER - THE ORGANIZATION PROVIDES BOTH A SUMMER AND WINTER TRAVEL PROGRAM WHICH IS DESIGNED TO GIVE CHILDREN AN OPPORTUNITY TO DEVELOP AND PLAY SOCCER AT A HIGHER LEVEL AND PLAY AGAINST OTHER TEAMS WITHIN THE NORTH METRO REGION. THE SUMMER TRAVEL/COMPETITIVE 2022 PROGRAM WAS HELD FROM NOVEMBER 2021 THROUGH JULY 2022 AND HAD 380 PARTICIPANTS FROM AGES 8 TO 18 (36 TEAMS). THE FALL TRAVEL 2022 PROGRAM WAS HELD FROM AUGUST THROUGH OCTOBER AND HAD 285 PARTICIPANTS AND 25 TEAMS.


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Board, Officers & Key Employees

Name (title)Compensation
Ben Goettsche
Executive Di
$36,667
Sean Beggin
VP / Coach
$7,500
Chris Randall
President
$0
Drew Thomsen
Treasurer
$0
Kristy Johnson
Secretary
$0
Jessica Nelson
Pr Director
$0

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$33,261
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$33,261
Total Program Service Revenue$1,081,975
Investment income $33
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 $1,117,992

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