Stafford Area Soccer Association Inc
- Assets
- $1.6m
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 37
- Location
- Stafford, VA
- Founding
- 12/1995
- Data as of
- 06/2022
- EIN
- 54-1313246
Organization Overview
Stafford Area Soccer Association Inc is located in Stafford, VA. The organization was established in 1995. 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, Stafford Area Soccer Association Inc employed 37 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Stafford Area Soccer Association 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, Stafford Area Soccer Association Inc generated $1.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.8% each year. All expenses for the organization totaled $1.5m during the year ending 06/2022. While expenses have increased by 10.2% 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
OPERATION OF RECREATIONAL YOUTH SOCCER LEAGUE.
Describe the Organization's Program Activity:
THE STAFFORD AREA SOCCER ASSOCIATION ASPIRES TO BE AN OUTSTANDING EDUCATIONS-ATHELTIC ORGANIZATION THAT PROVIDES A HIGH-QUALITY EXPERIENCE FOR EVERY ATHELETE. A HIGH-QUALITY EXPERIENCE IS ONE IN WHICH EVERY ATHELETE IS: COACHED USING THE PRINCIPLES OF POSITIVE COACHING, HAS FUN PLAYING THE GAME, FEELS LIKE AN IMPORTANT PART OF THE TEAM REGARDLESS OF PERFORMANCE, LEANS "LIFE LESSONS" THAT HAVE VALUE BEYOND THE PLAYING FIELD AND LEARNES THE SKILLS, TACTICS AND STRATEGIES OF THE GAME AND IMPROVES AS A PLAYER. THE ORGANIZATION BENEFITS MORE THAN 4500 CHILDREN AGES FIVE TO EIGHTEEN YEARS OLD. IT AWARDS APPROXIMATELY $30,000 IN NEED-BASED WAIVERS FOR SOCCER ENROLLMENT EACH YEAR. THE ORGANIZATION ALSO AWARDS NUMEROUS COLLEGE SCHOLARSHIPS EACH YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Renee Frey Travel Director | Trustee | 3 | $0 |
Michael Rose Recreation Director | Trustee | 1 | $0 |
Andrew Breithaupt Academy Director | Trustee | 1 | $0 |
Victor Fuster President | Officer | 5 | $0 |
Adam Seitz Vice President | Officer | 1 | $0 |
Mark Bowman Secretary | Officer | 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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $1,420,229 |
| Investment income | $1,360 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $45,068 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $864 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,467,521 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $600 |
| Grants and other assistance to domestic individuals. | $17,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $608,541 |
| Pension plan accruals and contributions | $13,622 |
| Other employee benefits | $25,860 |
| Payroll taxes | $77,527 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,357 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $7,057 |
| Advertising and promotion | $3,885 |
| Office expenses | $8,418 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $54,915 |
| Travel | $1,427 |
| 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 | $11,671 |
| Insurance | $9,124 |
| All other expenses | $145,420 |
| Total functional expenses | $1,466,235 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $601,378 |
| Savings and temporary cash investments | $942,894 |
| 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 | $34,305 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $10,847 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,589,424 |
| 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 | $1,589,424 |
| 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 | $1,589,424 |