Cobb Futbol Club
- Assets
- $5.8m
- Revenue
- $5.2m
- Investments
- $0.0
- Employees
- 23
- Location
- Marietta, GA
- Founding
- 02/1997
- Data as of
- 06/2022
- EIN
- 58-2224949
Organization Overview
Cobb Futbol Club, operating under the name Southern Soccer Acedemy (ssa), is located in Marietta, GA. The organization was established in 1997. 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, Southern Soccer Acedemy (ssa) employed 23 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Southern Soccer Acedemy (ssa) 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, Southern Soccer Acedemy (ssa) generated $5.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.4% each year. All expenses for the organization totaled $5.0m during the year ending 06/2022. While expenses have increased by 9.2% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE THE SPORT OF SOCCER FOR YOUTH AND YOUNG PEOPLE IN GEORGIA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
REGISTRATION FEES - RECREATIONAL (FALL & SPRING) AND ACADEMY & SELECT. ACADEMY, SELECT, AND ADMINISTRATIVE PERSONELL EXPENSES
TOURNAMENTS INCOME & EXPENSES - CLASSIC (SPRING & SUMMER)
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Simon Davey Executive Director | Officer | $274,579 | |
Gareth Evans Director Of Coaching | Officer | $161,074 | |
Sean Chamberlain Operations Director | Officer | $106,540 | |
Kevin Heid Vice President/secretary | OfficerTrustee | $0 | |
Benny Cauwenberghs Treasurer | OfficerTrustee | $0 | |
Aaron Bonham President | OfficerTrustee | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Sd Soccer Enterprises Facility Services | 6/29/21 | $111,111 |
Vision Development & Construction Facility Development | 6/29/21 | $2,272,830 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $4,211,800 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $973,477 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,185,277 |
| Total Program Service Revenue | $0 |
| 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 | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,185,277 |
| 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. | $484,994 |
| Compensation of current officers, directors, key employees. | $70,150 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,046,950 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $71,196 |
| Payroll taxes | $463,303 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $26,786 |
| Fees for services: Accounting | $4,387 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $4,211 |
| Fees for services: Other | $0 |
| Advertising and promotion | $8,502 |
| Office expenses | $20,085 |
| Information technology | $5,936 |
| Royalties | $0 |
| Occupancy | $34,726 |
| Travel | $76,145 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,626 |
| Interest | $96,167 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $93,952 |
| Insurance | $1,400 |
| All other expenses | $25,381 |
| Total functional expenses | $4,965,930 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $39,376 |
| Savings and temporary cash investments | $2,208,863 |
| 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 | $3,504,899 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,753,138 |
| Accounts payable and accrued expenses | $64,266 |
| 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 | $2,392,911 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,457,177 |
| 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 | $3,295,961 |
| Total liabilities and net assets/fund balances | $5,753,138 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Cobb Futbol Club has recieved totaling $2,500.
| Awarding Organization | Amount |
|---|---|
Carmax Foundation Richmond, VA PURPOSE: ASSOICATE MATCHING HOURS | $2,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Capital Area Soccer League Inc Raleigh, NC | $15,967,738 | $13,846,448 |
Nc Triad Fusion Inc Bermuda Run, NC | $14,278,028 | $8,923,871 |
Carolinas Football Club Cornelius, NC | $1,803,647 | $7,874,250 |
Charlotte Soccer Academy Pineville, NC | $10,553,353 | $8,684,226 |
Nasa Tophat Inc Kennesaw, GA | $5,043,211 | $7,270,572 |
Cobb Futbol Club Marietta, GA | $5,753,138 | $5,185,277 |
Florida Elite Soccer Academy Inc Jacksonville, FL | $2,181,767 | $4,642,169 |
United Futbol Academy Inc Cumming, GA | $562,305 | $4,953,862 |
Atlanta Concorde Fire Soccer Association Inc Atlanta, GA | $1,822,580 | $4,589,073 |
Tampa Bay United Inc Tampa, FL | $1,335,392 | $3,965,447 |
Florida Youth Soccer Association Inc Auburndale, FL | $7,123,714 | $3,803,407 |
Wake Futbol Club Inc Holly Springs, NC | $246,258 | $3,274,607 |