Mississippi Futbol Club
- Assets
- $455.8k
- Revenue
- $984.0k
- Investments
- $0.0
- Employees
- 6
- Location
- Madison, MS
- Founding
- 09/2014
- Data as of
- 12/2021
- EIN
- 46-4228146
Organization Overview
Mississippi Futbol Club is located in Madison, MS. The organization was established in 2014. According to its NTEE Classification (N99) the organization is classified as: Recreation & Sports N.E.C., under the broad grouping of Recreation & Sports and related organizations. As of 12/2021, Mississippi Futbol Club employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mississippi 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 12/2021, Mississippi Futbol Club generated $984.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.5% each year. All expenses for the organization totaled $794.7k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MS FUTBOL CLUB (MFC) PROGRAMS PROVIDE ITS PLAYERS AND COACHES THE OPPORTUNITY TO PARTICIPATE IN SOCCER RELATED SPORTS PROGRAMS IN THE JACKSON METRO AREA TO DEVELOP THEIR SOCCER ABILITIES AND KNOWLEDGE TO THEIR HIGHEST POTENTIAL. THE PLAYERS ALSO DEVELOP SELF-CONFIDENCE, RESPONSIBILTY, TEAMWORK AND RESPECT FOR THEMSELVES, OTHERS AND THE GAME.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MS FUTBOL CLUB (MFC) PROVIDED SOCCER RELATED SPORTS PROGRAMS (LEAGUES, TOURNAMENTS, CAMPS, TRAINING SESSIONS, ETC.) IN THE JACKSON METRO AREA TO APPROXIMATELY 1,227 CHILDREN BETWEEN THE AGES OF 4 AND 18 YEARS OLD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kenny White Director Of | OfficerTrustee | 40 | $102,698 |
Steve Otto Asst. Dir. | OfficerTrustee | $26,600 | |
Allen Anderson Div I Commis | OfficerTrustee | $0 | |
Cameron Arcemont Topsoccer Cm | OfficerTrustee | $0 | |
Henry W Farrior President | OfficerTrustee | $0 | |
Bill Felder Div Iii Comm | OfficerTrustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $984,028 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $984,028 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $984,028 |
| 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. | $129,298 |
| Compensation of current officers, directors, key employees. | $12,930 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $104,371 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $26,113 |
| Payroll taxes | $17,875 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,999 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $253,835 |
| Advertising and promotion | $0 |
| Office expenses | $42,059 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $9,240 |
| 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 | $0 |
| All other expenses | $0 |
| Total functional expenses | $794,726 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $455,782 |
| Savings and temporary cash investments | $0 |
| 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 | $455,782 |
| 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 | $455,782 |
| 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 | $455,782 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Mississippi Futbol Club has recieved totaling $11,058.
| Awarding Organization | Amount |
|---|---|
Paypal Charitable Giving Fund Washington, DC PURPOSE: General Support | $11,058 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Krewe Of Iris 1917 Inc New Orleans, LA | $8,990,722 | $1,352,357 |
A H R M A Elora, TN | $355,476 | $1,651,108 |
Carrollton Booster Club New Orleans, LA | $1,702,928 | $1,827,261 |
Commanderie De Bordeaux Inc Brentwood, TN | $1,195,478 | $1,296,061 |
Mississippi Futbol Club Madison, MS | $455,782 | $984,028 |
Quality Sports Authority Inc Abbeville, LA | $1,265,861 | $460,165 |
Girls Incorporated Of Kingsport Kingsport, TN | $240,893 | $546,685 |
National Speleological Society Huntsville, AL | $8,876,946 | $2,382,898 |
Walnut Lake Country Club Dumas, AR | $548,741 | $396,394 |
Sporting Arkansas Inc Bentonville, AR | $326,480 | $448,594 |
Obion County Fair Association Inc Union City, TN | $476,541 | $447,564 |
St Edmunds Boosters Club Eunice, LA | $194,850 | $381,377 |