Charlotte United Futbol Club Inc

Organization Overview

Charlotte United Futbol Club Inc is located in Pineville, NC. As of 05/2018, Charlotte United Futbol Club Inc employed 12 individuals. Charlotte United Futbol 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 05/2018, Charlotte United Futbol Club Inc generated $1.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (4.2%) each year. All expenses for the organization totaled $1.4m during the year ending 05/2018. As we would expect to see with falling revenues, expenses have declined by (7.8%) per year over the past 2 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2018

Describe the Organization's Mission:

Part 3 - Line 1

FOSTER THE PHYSICAL, MENTAL AND EMOTIONAL GROWTH AND DEVELOPMENT OF RESIDENTS OF THE UNITED STATES THROUGH THE SPORT OF SOCCER AT ALL AGE LEVELS; MORE DETAILED MISSION STATEMENT IS AT SCHEDULE O.

Describe the Organization's Program Activity:

Part 3 - Line 4a

2)PROVIDE OPPORTUNITIES FOR SOCCER TEAMS FROM ONE AREA TO COMPETE AGAINST TEAMS FROM OTHER ARESA OF THE UNITED STATES, FOREIGN COUNTRIES AND THE STATE OF NORTH CAROLINA, 3) PROMOTE SOCCER IN THE UNITED STATES, 4) RECOGNIZE THE PURPOSE OF ATHLETICS AS BEING USED TO PROMOTE THE PHYSICAL, EMOTIONAL, MENTAL, MORAL, SOCIAL AND CIVIC WELL BEING OF THE INDIVIDUAL PARTICIPANTS AND THE AREA THEY LIVE IN, AND 5) PROMOTE THE ACTIVITY OF SOCCER IN THE CONTEXT THAT CHURCH, SCHOOL AND HOME COMES BEFORE SPORTS


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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$1,422,742
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 $10,441
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $974
Miscellaneous Revenue$0
Total Revenue $1,450,628

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