Tampa Bay United Inc
- Assets
- $1.5m
- Revenue
- $4.6m
- Investments
- $0.0
- Employees
- 32
- Location
- Tampa, FL
- Founding
- 03/2015
- Data as of
- 05/2024
- EIN
- 45-2508287
Organization Overview
Tampa Bay United Inc is located in Tampa, FL. The organization was established in 2015. According to its NTEE Classification (N64) the organization is classified as: Soccer, under the broad grouping of Recreation & Sports and related organizations. As of 05/2024, Tampa Bay United Inc employed 32 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tampa Bay United Inc 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 05/2024, Tampa Bay United Inc generated $4.6m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 7.8% each year. All expenses for the organization totaled $4.8m during the year ending 05/2024. While expenses have increased by 7.9% per year over the past 9 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE SOCCER DEVELOPMENT OPPORTUNITIES FOR YOUTH THROUGH THE ADULT LEVELS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TAMPA BAY UNITED'S COMPETITIVE PROGRAM IS ONE OF THE MOST SUCCESSFUL IN FLORIDA. THE CLUB OFFERS PROFESSIONAL COACHING AND TRAINING FOR BOYS AND GIRLS AGES U11 TO U19 AND OUR OVER-19 LEAGUES. MORE THAN 1,800 YOUTH PLAYERS PARTICIPATED ON 122 TEAMS IN THE COMPETITIVE SOCCER PROGRAM, AND THEIR TEAMS PARTICIPATED IN VARIOUS COMPETITIVE LEAGUES AND NUMEROUS TOURNAMENTS IN AND OUT OF STATE. COMPETITIVE TEAMS ARE ASSIGNED EXPERIENCED COACHES TO DEVELOP PLAYERS' BALL SKILLS AND KNOWLEDGE OF HOW TO PLAY AS A TEAM. SIXTY-THREE PLAYERS EARNED MORE THAN $1.23 MILLION IN ATHLETIC SCHOLARSHIPS AND FINANCIAL AID FOR COLLEGE/UNIVERSITY.
THE RECREATIONAL PROGRAM WAS DEVELOPED TO PROVIDE A FUN PROGRAM THAT ALLOWS KIDS TO LEARN IN A SAFE AND ORGANIZED ENVIRONMENT. WE STRIVE TO PROVIDE AN ENVIRONMENT FOR YOUNG KIDS TO DEVELOP INTO STRONG, CONFIDENT ATHLETES WITH LIFELONG MEMORIES OF POSITIVE AND FUN EXPERIENCES. OVER 3,200 YOUTH PLAYERS PARTICIPATED IN IN-HOUSE OR TRAVELING RECREATIONAL LEAGUES. THE RECREATIONAL PROGRAM HAS THREE SEASONS: FALL, WINTER, AND SPRING.
TAMPA BAY UNITED ORGANIZED AND HOSTED TWO COMPETITIVE SOCCER TOURNAMENTS AS WELL AS TRAINING CAMPS FOR PLAYERS THROUGHOUT THE YEAR, HOSTING MORE THAN 300 TEAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Christensen President/secretary | OfficerTrustee | 5 | $0 |
Ken Stanley Vice President | OfficerTrustee | 1 | $0 |
Mark Sakalosky Treasurer | OfficerTrustee | 5 | $0 |
Chris Ochs Secretary From 3/2024 | Trustee | 1 | $0 |
David Doney Director | Trustee | 1 | $0 |
David Osterweil Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Turf Keepers Field Maintenance | 5/30/24 | $224,822 |
Robert Half Temporary Staffing | 5/30/24 | $184,451 |
Soccer Showcase Llc Referee Scheduling And Payment | 5/30/24 | $149,962 |
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 | $611,177 |
| Noncash contributions included in lines 1a–1f | $175,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $611,177 |
| Total Program Service Revenue | $3,960,443 |
| Investment income | $34,356 |
| 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 | $4,605,976 |
| 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. | $330,730 |
| Compensation of current officers, directors, key employees. | $207,167 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,670,906 |
| Pension plan accruals and contributions | $9,627 |
| Other employee benefits | $24,516 |
| Payroll taxes | $160,687 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $15,797 |
| Fees for services: Accounting | $248,969 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $134,627 |
| Advertising and promotion | $56,934 |
| Office expenses | $175,572 |
| Information technology | $11,260 |
| Royalties | $0 |
| Occupancy | $116,584 |
| Travel | $15,721 |
| 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 | $9,065 |
| Insurance | $7,902 |
| All other expenses | $0 |
| Total functional expenses | $4,809,756 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $214,887 |
| Savings and temporary cash investments | $800,568 |
| Pledges and grants receivable | $12,076 |
| Accounts receivable, net | $111,862 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $2,921 |
| Prepaid expenses and deferred charges | $41,686 |
| Net Land, buildings, and equipment | $90,244 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $184,687 |
| Total assets | $1,458,931 |
| Accounts payable and accrued expenses | $233,615 |
| Grants payable | $0 |
| Deferred revenue | $790,559 |
| 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 | $1,024,174 |
| Net assets without donor restrictions | $434,757 |
| 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 | $1,458,931 |