Faribault Soccer Association
- Assets
- $40.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Faribault, MN
- Founding
- 04/1999
- Data as of
- 12/2021
- EIN
- 41-1914798
Organization Overview
Faribault Soccer Association is located in Faribault, MN. The organization was established in 1999. 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. Faribault Soccer Association 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 12/2021, Faribault Soccer Association generated $41.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.4%) each year. All expenses for the organization totaled $36.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (4.6%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
PROVIDE SOCCER PROGRAMS TO THE YOUTH IN THE FARIBAULT MN AREA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Keith Kramer Treasurer | 2 | $0 | |
Bill Favro Vice-President | 10 | $0 | |
Jason Johannsen President/secretary | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,740 |
| Total Program Service Revenue | $34,628 |
| Membership dues | $0 |
| Investment income | $4 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $41,372 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $36,021 |
| Total expenses | $36,021 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $40,719 |
| Other assets | $0 |
| Total assets | $40,719 |
| Total liabilities | $1,000 |
| Net assets or fund balances | $39,719 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Tga Usa Minneapolis, MN | $875,647 | $3,712,520 |
Rev Soccer Club Eagan, MN | $1,013,337 | $3,718,465 |
Plymouth Wayzata Fusion Soccer Club Plymouth, MN | $2,685,722 | $3,801,367 |
Sporting St Croix Soccer Club Inc Oak Park Heights, MN | $1,056,078 | $2,599,201 |
Elmbrook United Inc Brookfield, WI | $2,087,528 | $2,637,814 |
Wisconsin Juniors Volleyball Club Inc Salem, WI | $545,041 | $2,203,549 |
Minneapolis United Soccer For The City St Paul, MN | $1,417,343 | $1,851,555 |
Minnesota Thunder Academy Minneapolis, MN | $1,013,542 | $2,099,169 |
Bavarian United Soccer Club Inc Milwaukee, WI | $2,758,196 | $2,276,734 |
Tonka United Soccer Association Inc Wayzata, MN | $2,164,345 | $1,892,101 |
Dakota Alliance Soccer Club Sioux Falls, SD | $2,081,112 | $1,582,920 |
Wisconsin Youth Soccer Association Inc West Allis, WI | $1,527,673 | $2,091,673 |