Monrovia Football Academy Inc
- Assets
- $679.9k
- Revenue
- $421.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Avon, CT
- Founding
- 08/2015
- Data as of
- 08/2021
- EIN
- 47-3279465
Organization Overview
Monrovia Football Academy Inc is located in Avon, CT. The organization was established in 2015. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Monrovia Football Academy 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 08/2021, Monrovia Football Academy Inc generated $421.0k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 65.5% each year . All expenses for the organization totaled $283.3k during the year ending 08/2021. 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
MONROVIA FOOTBALL ACADEMY EMPOWERS LIBERIA'S FUTURE LEADERS THROUGH QUALITY EDUCATION AND SPORT. WE PROVIDE OUR STUDENT-ATHLETES WITH HIGH-QUALITY EDUCATION PROFESSIONAL SOCCER TRAINING GOOD NUTRITION HEALTHCARE AND LIFE SKILLS LESSONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LEAD MONROVIA FOOTBALL ACADEMY PROVIDES LIBERIA'S TALENTED YOUTH WITH ACADEMIC CLASSES FOOTBALL TRAINING AND LIFE SKILLS LESSONS TO IMPROVE ACADEMIC PERFORMANCE BREAK DOWN GENDER BARRIERS AND PREPARE OUR STUDENTS TO LEAD POSITIVE CHANGE IN LIBERIA. THE 2020 21 ENROLLMENT WAS 133 STUDENTS 86 BOYS AND 47 GIRLS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sekou Dgeorges Manubah Director Of Football | OfficerTrustee | 40 | $18,814 |
Sona Traore Executive Director | Officer | 40 | $10,895 |
William H Smith Board Chair | Trustee | 10 | $0 |
Graham Albert Board Member | Trustee | 10 | $0 |
Robtel Neajai Pailey Board Member | Trustee | 1 | $0 |
Richard Fahey Board Member | Trustee | 1 | $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 | $419,637 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $419,637 |
| Total Program Service Revenue | $1,380 |
| Investment income | $1 |
| 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 | $421,018 |
| 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. | $27,318 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $105,439 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,169 |
| Office expenses | $8,813 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $40,628 |
| Travel | $8,914 |
| 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 | $4,874 |
| Insurance | $2,237 |
| All other expenses | $0 |
| Total functional expenses | $283,287 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $33,850 |
| 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 | $646,048 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $679,898 |
| 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 | $145,300 |
| Other liabilities | $0 |
| Total liabilities | $145,300 |
| Net assets without donor restrictions | $0 |
| 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 | $534,598 |
| Total liabilities and net assets/fund balances | $679,898 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Monrovia Football Academy Inc has recieved totaling $23.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $23 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Dalton Schools Inc New York, NY | $268,184,018 | $87,154,384 |
Milton Academy Milton, MA | $512,730,465 | $105,004,685 |
Riverdale Country School Inc Bronx, NY | $247,467,239 | $82,826,277 |
Trinity Episcopal Schools Corporation New York, NY | $265,614,292 | $76,873,691 |
United Nations International School New York, NY | $95,948,249 | $80,239,931 |
Columbia Grammar & Preparatory School New York, NY | $126,207,367 | $82,489,526 |
Poly Prep Country Day School Brooklyn, NY | $174,200,532 | $76,376,518 |
Saint Anns School Brooklyn, NY | $162,069,731 | $73,475,158 |
Spence School New York, NY | $416,454,517 | $72,977,566 |
Brunswick School Inc Greenwich, CT | $416,319,503 | $63,510,846 |
Buckingham Browne And Nichols School Cambridge, MA | $184,959,090 | $58,711,322 |
Packer Collegiate Institute Brooklyn, NY | $176,388,503 | $70,028,029 |