Great Falls-Reston Soccer Club, operating under the name Gfrsc, is located in Great Falls, VA. The organization was established in 1976. According to its NTEE Classification (O20) the organization is classified as: Youth Centers & Clubs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gfrsc 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, Gfrsc generated $2.8m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.9% each year . All expenses for the organization totaled $2.5m during the year ending 12/2021. While expenses have increased by 18.3% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO ENGAGE AND IMPACT OUR COMMUNITY BY PROVIDING OUR YOUTH ENRICHMENT, TEAM SPIRIT, FRIENDLY COMPETITION, AND LIFE SKILLS THROUGH SPORTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GREAT FALLS-RESTON SOCCER CLUB IS A YOUTH SPORTS ORGANIZATION THAT PROVIDES SOCCER PROGRAMS FOR APPROXIMATELY 1500 CHILDREN BETWEEN THE AGES OF 5 AND 18. THE ORGANIZATION PROVIDES EQUIPMENT, REFEREES, SUPPLIES, FIELD MAINTENANCE, ETC.. THE ORGANIZATION ALSO HAS ADULT LEAGUES FOR LIFELONG PARTICIPATION IN SPORTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Richard Shelton Executive Di | OfficerTrustee | 40 | $116,925 |
Krista Gatt Director At | Trustee | 40 | $79,322 |
Ramon Pardo Vp, Travel | OfficerTrustee | 8 | $22,000 |
Theodore J Doremus VP Marketing | OfficerTrustee | 0.5 | $0 |
Huong Pham VP Finance/t | OfficerTrustee | 5 | $0 |
Todd Shea VP House Pro | OfficerTrustee | 8 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
R Pletka International Coaching | 12/30/21 | $152,500 |
Kurt Borel Coaching | 12/30/21 | $105,458 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $67,500 |
All other contributions, gifts, grants, and similar amounts not included above | $73,230 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $140,730 |
Total Program Service Revenue | $2,668,059 |
Investment income | $25 |
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 | $2,810,731 |
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. | $116,925 |
Compensation of current officers, directors, key employees. | $116,925 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $8,945 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $19,889 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $1,498,525 |
Advertising and promotion | $0 |
Office expenses | $2,701 |
Information technology | $1,970 |
Royalties | $0 |
Occupancy | $85,757 |
Travel | $52,297 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $7,441 |
Interest | $20,844 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $109,568 |
Insurance | $842 |
All other expenses | $113,458 |
Total functional expenses | $2,520,759 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,022,394 |
Savings and temporary cash investments | $214,872 |
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 | $74,658 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $582,205 |
Other assets | $4,300 |
Total assets | $1,898,429 |
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 | $488,454 |
Unsecured mortgages and notes payable | $54,000 |
Other liabilities | $3,652 |
Total liabilities | $546,106 |
Net assets without donor restrictions | $1,352,323 |
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 | $1,898,429 |
Over the last fiscal year, we have identified 1 grants that Great Falls-Reston Soccer Club has recieved totaling $181.
Awarding Organization | Amount |
---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $181 |
Organization Name | Assets | Revenue |
---|---|---|
Latin American Youth Center Inc Washington, DC | $10,670,329 | $17,753,295 |
Neighborhood Youth Leadership Inc Vass, NC | $7,695,228 | $7,596,341 |
National Network To End Domestic Violence Inc Washington, DC | $5,294,679 | $6,377,066 |
Maryland Soccer Foundation Inc Boyds, MD | $16,325,043 | $5,386,323 |
Asae Research Foundation Washington, DC | $26,488,111 | $1,430,947 |
Great Falls-Reston Soccer Club Great Falls, VA | $1,898,429 | $2,810,731 |
Leaders Of Tomorrow Youth Center Inc Owings Mills, MD | $477,801 | $1,453,303 |
Little Lights Urban Ministries Washington, DC | $2,707,367 | $1,941,038 |
City Kids To Wilderness Project Inc Washington, DC | $3,312,085 | $1,907,297 |
Southwestern Youth Association Inc Centreville, VA | $3,423,364 | $1,936,325 |
Coalition For Kids Inc Johnson City, TN | $1,061,508 | $1,620,502 |
Boys And Girls Club Of Transylvania County Inc Brevard, NC | $5,160,904 | $1,796,583 |