Park Valley United Fc
- Assets
- $766.3k
- Revenue
- $824.8k
- Investments
- $0.0
- Employees
- 16
- Location
- St Louis Park, MN
- Founding
- 05/1995
- Data as of
- 12/2022
- EIN
- 41-1752792
Organization Overview
Park Valley United Fc is located in St Louis Park, MN. The organization was established in 1995. According to its NTEE Classification (N64) the organization is classified as: Soccer, under the broad grouping of Recreation & Sports and related organizations. As of 12/2022, Park Valley United Fc employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Park Valley United Fc 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, Park Valley United Fc generated $824.8k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 3.4% each year. All expenses for the organization totaled $514.6k during the year ending 12/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION AT PARK VALLEY UNITED FC IS TO PROVIDE ALL PLAYERS IN ST. LOUIS PARK, GOLDEN VALLEY AND THE SURROUNDING COMMUNITIES THE OPPORTUNITY TO REACH THEIR FULLEST POTENTIAL AS A PERSON AND PLAYER THOUGH A POSITIVE SOCCER EXPERIENCE. TRAINING CHILDREN, AGES 6 TO 19, IN THE ATHLETIC SKILLS REQUIRED FOR SOCCER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RECREATIONAL SOCCER PROGRAM (IN-HOUSE PROGRAM) FOR AGES 5 THRU 10: VOLUNTEERS DONATE TIME TO PROVIDE TRAINING AND PLAY TO 260+ CHILDREN DURING THE SUMMER AND 170+ CHILDREN IN THE FALL. TEAM CLINICS ARE INCLUDED WITH HIRED SOCCER PROFESSIONALS TO TEACH THE SKILLS FOR THE GAME TO THE CHILDREN AND ASSIST THE VOLUNTEER COACHES WITH PRACTICES. THESE CLINICS ARE IN ADDITION TO THE PRACTICES HELD BY THE COACHES. TRAVELING SOCCER PROGRAM FOR AGES 9 THRU 17: VOLUNTEERS DONATE TIME TO PROVIDE TRAINING AND PLAY TO 410+ CHILDREN DURING THE SUMMER AND 200+ CHILDREN IN THE FALL. TEAM CLINICS ARE INCLUDED WITH HIRED SOCCER PROFESSIONALS TO TEACH THE SKILLS FOR THE GAME TO THE CHILDREN. THESE CLINICS ARE IN ADDITION TO THE PRACTICES HELD BY THE COACHES. COACH CLINICS ARE PROVIDED TO PARENTS WHO VOLUNTEER TO COACH TO TRAIN THE VOLUNTEERS ABOUT THE GAME OF SOCCER AND PRACTICE TECHNIQUES. A COACHING DIRECTOR IS AVAILABLE FOR ANY QUESTIONS THE VOLUNTEER COACHES HAVE THROUGHOUT THE SEASON. THE COACHING DIRECTOR VOLUNTEERS HIS TIME TO HELP SPANISH-SPEAKING PLAYERS TO GET INVOLVED IN THE PROGRAM. THERE ARE LATINO FAMILIES IN THE COMMUNITY THAT ARE NOT BI-LINGUAL. THE COACHING DIRECTOR GOES TO THE CHILDREN'S HOMES AND HELPS THE FAMILIES BY TRANSLATING THE FORMS AND TELLING THEM ABOUT THE PROGRAM IN THEIR NATIVE TONGUE. THIS PLAYS A PART IN BRINGING THESE FAMILIES INTO OUR COMMUNITY. A FOOD DRIVE IS DONE EVERY SPRING TO HELP STOCK THE SHELVES OF STEP (ST. LOUIS PARK EMERGENCY PROGRAM). THROUGH THE DOLLARS FOR SCHOLARS PROGRAM THE SLPSA PROVIDES FOR COLLEGE SCHOLARSHIPS TO ST. LOUIS PARK HIGH SCHOOL STUDENTS. SLPSA MAINTAINS THE CITY OF ST. LOUIS PARK'S CHILDREN FIRST INITIATIVE BY PROVIDING SCHOLARSHIPS TO CHILDREN IN NEED. NO CHILD IS TURNED AWAY FROM PLAYING ON A TEAM FOR LACK OF A REGISTRATION FEE. SLPSA PROVIDES SCHOLARSHIPS TO PLAYERS IN WAIVED SOCCER FEES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John C Ekman President | OfficerTrustee | $0 | |
Steve Etzel Treasurer | OfficerTrustee | $0 | |
Mike Finley Vice Preside | OfficerTrustee | $0 | |
Sean Jensen Marketing Di | Trustee | $0 | |
Ryan Mcgary Community Di | Trustee | $0 | |
Katie Rutledge At Large Tru | Trustee | $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 | $15,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $15,000 |
| Total Program Service Revenue | $808,440 |
| Investment income | $571 |
| 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 | $824,839 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $8,075 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,139 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $338,382 |
| Advertising and promotion | $0 |
| Office expenses | $6,317 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $3,455 |
| All other expenses | $15,827 |
| Total functional expenses | $514,576 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $49,573 |
| Savings and temporary cash investments | $716,683 |
| 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 | $766,256 |
| 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 | $766,256 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $766,256 |