Florida Elite Soccer Academy Inc

The information for Florida Elite Soccer Academy Inc is as of the organization's most recent filing in May '22. This organization is located in Jacksonville, FL. It has been in existence for 29 years, following its founding in 1993.

Organization Classification

The IRS classifies organizations according to the National Taxonomy of Exempt Entities (NTEE) system. The NTEE system helps the IRS assign a 3-character code to each organization to describe the organization's activities.

The Florida Elite Soccer Academy Inc's NTEE code is N64. The "N" tells us that the organization is classified along with Recreation & Sports. The "64" tells us that the organization is focused on soccer. The NTEE describes organizations like this as providing opportunities for people to learn and become competitive in soccer, including coaching, access to a soccer field, soccer equipment, uniforms, and officials for competitions.

Every organization is also governed by a specific section of the Internal Revenue Code. This organization happens to fall under section 3 of the Internal Revenue Code, which includes organizations engaged in Religious, Educational, Charitable, Scientific, Literary, Public Safety, Amateur Sports, or Prevention of Cruelty to Children or Animals work.

Perhaps the most accurate way to understand the organization's goals is by looking at its mission. The mission of the Florida Elite Soccer Academy Inc is to be a full-service soccer organization dedicated to the growth and enrichment of its participating members.

Program Areas

The Florida Elite Soccer Academy pledges to be a full-service soccer organization dedicated to the growth and enrichment of its members. They provide development opportunities for players of all ages, with a player-centric approach that fosters individual confidence and team success. Their philosophy emphasizes passing and possession of the ball, which is consistent throughout the club to promote team success and the growth of players. With about 140 competitive teams and 250 recreational teams, the academy plays approximately 8000 games in the spring and fall, supported by over 1700 volunteers.

Organization Staffing

Florida Elite Soccer Academy Inc is run by Sean Bubb, who is the Executive Director. The organization has 148 employees, with only one employee being paid over $100k per year. Supporting the paid staff are 1,150 volunteers.

Board Governance

Florida Elite Soccer Academy Inc appears to be well-governed based on the information provided. The organization has a total of 5 voting members, all of whom are independent. This indicates that there is a diverse and unbiased decision-making process within the organization. Additionally, the absence of potential conflicts of interest suggests that the board members are able to make decisions solely in the best interest of the non-profit. The fact that board meetings and committee meetings are documented further demonstrates the organization's commitment to transparency and accountability. By documenting these meetings, the organization ensures that all decisions and discussions are properly recorded and can be referred to in the future if necessary. Furthermore, Florida Elite Soccer Academy Inc has a conflict of interest policy in place, which requires the disclosure of any conflicts. This policy helps to prevent any potential conflicts from influencing decision-making processes and ensures that the organization's activities are conducted in an ethical manner. While the organization does not have a written whistleblower policy or a document retention policy, the substantiation and review of leadership salaries indicate that the organization is committed to ensuring fair compensation practices. Additionally, providing copies of the 990 to the board prior to filing demonstrates a commitment to transparency and accountability in financial reporting. Overall, Florida Elite Soccer Academy Inc appears to be well-governed, with measures in place to promote transparency, prevent conflicts of interest, and ensure responsible financial practices.

Organization Growth

The Florida Elite Soccer Academy Inc has experienced significant growth over the given time period. Contributions and grants received were not meaningful over this time period, while program service revenue increased from $2.4 million in 2015 to $4.4 million in 2021. Investment income decreased from $246 in 2015 to $213 in 2021, and other revenue was not meaningful over this time period. However, total revenue increased from $2.4 million in 2015 to $4.6 million in 2021. Employee salaries also saw a substantial increase, going from $55.2 thousand in 2015 to $2.4 million in 2021. Total expenses increased from $2.5 million in 2015 to $4.7 million in 2021. Additionally, the organization's total employees grew from 60 in 2015 to 148 in 2021, while the number of volunteers remained the same at 1.1 thousand. Overall, these indicators suggest that the Florida Elite Soccer Academy Inc has experienced significant growth over the given time period.