Richmond Strikers Soccer Club Inc
- Assets
- $6.5m
- Revenue
- $7.9m
- Investments
- $0.0
- Employees
- 30
- Location
- Glen Allen, VA
- Founding
- 03/1982
- Data as of
- 06/2022
- EIN
- 52-1238441
Organization Overview
Richmond Strikers Soccer Club Inc is located in Glen Allen, VA. The organization was established in 1982. According to its NTEE Classification (N64) the organization is classified as: Soccer, under the broad grouping of Recreation & Sports and related organizations. As of 06/2022, Richmond Strikers Soccer Club Inc employed 30 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Richmond Strikers Soccer Club 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 06/2022, Richmond Strikers Soccer Club Inc generated $7.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.0% each year. All expenses for the organization totaled $7.4m during the year ending 06/2022. While expenses have increased by 6.0% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE YOUTH/ADULT AMATEUR SOCCER,RUGBY AND CRICKET INSTRUCTION AND COMPETITION THROUGH LEAGUE PLAY, TOURNAMENTS, CLINICS AND CAMPS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
YOUTH AND ADULT SOCCER,RUGBY, AND CRICKET RECREATION LEAGUES AND TRAVEL TEAMS CONSISTING OF PARTICIPANTS WITHIN THE RICHMOND, VIRGINIA AND SURROUNDING AREAS. THE NUMBER OF PARTICIPANTS AND TEAMS VARY FROM YEAR TO YEAR. INSTRUCTIONS IN SOCCER, RUGBY, AND CRICKET SKILLS AND GOOD SPORTSMANSHIP ARE PROVIDED. ADULT COACHES AND REFEREES (YOUTH AND ADULT) ARE TRAINED. TOURNAMENTS AND CAMPS ARE HELD AT STRIKER PARK AND OTHER LOCAL FACILITIES FEATURING COMPETITION FROM LOCAL, STATE AND OUT-OF-STATE TEAMS. SPECIAL MAINTENANCE TECHNIQUES ARE USED TO MAINTAIN HIGH QUALITY PLAYING FIELDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jefferson Davis Howell III Exec Directo | Officer | 40 | $167,769 |
Chris Friant Dir Of Opera | Officer | 40 | $104,137 |
Sophia Gergoudis Comptroller | Officer | 30 | $70,000 |
Jason Johnson Director | Trustee | 1 | $0 |
Christian Kiniry Treasurer | OfficerTrustee | 10 | $0 |
Kristian Lesher Chair - Trav | OfficerTrustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $340,200 |
| All other contributions, gifts, grants, and similar amounts not included above | $235,199 |
| Noncash contributions included in lines 1a–1f | $183,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $575,399 |
| Total Program Service Revenue | $6,859,901 |
| Investment income | $6,161 |
| 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 | $7,892,282 |
| 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. | $360,478 |
| Compensation of current officers, directors, key employees. | $303,847 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,169,350 |
| Pension plan accruals and contributions | $61,595 |
| Other employee benefits | $119,378 |
| Payroll taxes | $119,869 |
| 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 | $5,000 |
| Advertising and promotion | $160,466 |
| Office expenses | $189,230 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $654,825 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $182,058 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $387,414 |
| Insurance | $49,792 |
| All other expenses | $678,691 |
| Total functional expenses | $7,446,925 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,276,955 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $200,268 |
| 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 | $72,404 |
| Net Land, buildings, and equipment | $3,789,018 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $146,265 |
| Total assets | $6,484,910 |
| Accounts payable and accrued expenses | $121,802 |
| Grants payable | $0 |
| Deferred revenue | $1,367,395 |
| 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 | $3,971,886 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $214,103 |
| Total liabilities | $5,675,186 |
| Net assets without donor restrictions | $809,724 |
| 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 | $6,484,910 |