Fc Sarasota Inc
- Assets
- $660.2k
- Revenue
- $844.4k
- Investments
- $0.0
- Employees
- 27
- Location
- Sarasota, FL
- Founding
- 03/1988
- Data as of
- 06/2022
- EIN
- 65-0017373
Organization Overview
Fc Sarasota Inc is located in Sarasota, FL. The organization was established in 1988. 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, Fc Sarasota Inc employed 27 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fc Sarasota 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, Fc Sarasota Inc generated $844.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.7% each year. All expenses for the organization totaled $815.3k during the year ending 06/2022. While expenses have increased by 8.0% 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
PROMOTE YOUTH SOCCER THROUGH RECREATIONAL AND COMPETITIVE TEAMS. ALSO HOST TOURNAMENTS AND ENCOURAGE YOUTH TO PARTICIPATE IN STATEWIDE TOURNAMENTS
Describe the Organization's Program Activity:
Part 3 - Line 4a
YOUTH SOCCER GAMES AND TOURNAMENTS
YOUTH SOCCER GAMES AND TOURNAMENTS OTHER PROGRAM EFFORTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kyle Lessig Program Dire | OfficerTrustee | 30 | $52,305 |
Stephen Gent Director | Trustee | 25 | $24,997 |
Jim Mcqueeney Vice Preside | OfficerTrustee | 5 | $0 |
Jason Clevenger President | OfficerTrustee | 10 | $0 |
Matthew Osterhoudt Secretary | OfficerTrustee | 5 | $0 |
Nicole Paternostro Tech Represe | OfficerTrustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $9,217 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $31,113 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $40,330 |
| Total Program Service Revenue | $742,858 |
| Investment income | $26 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $52,846 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $8,306 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $844,366 |
| 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. | $77,302 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $321,063 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $21,911 |
| Payroll taxes | $36,541 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,896 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $9,850 |
| Advertising and promotion | $3,136 |
| Office expenses | $718 |
| Information technology | $1,250 |
| Royalties | $0 |
| Occupancy | $6,409 |
| Travel | $246 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,087 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,430 |
| Insurance | $5,829 |
| All other expenses | $110,072 |
| Total functional expenses | $815,322 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $350,409 |
| Savings and temporary cash investments | $264,588 |
| 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 | $45,239 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $660,236 |
| 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 | $71,500 |
| Other liabilities | $142,752 |
| Total liabilities | $214,252 |
| Net assets without donor restrictions | $445,984 |
| 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 | $660,236 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Fc Sarasota Inc has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
Sarasota Convention And Visitors Bureau Sarasota, FL PURPOSE: SPONSORSHIP | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
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 |
West Pasco Youth Soccer Association Inc New Port Richey, FL | $902,282 | $3,246,743 |
Gwinnett Soccer Association Inc Dacula, GA | $1,990,228 | $2,901,171 |
Weston Fc Inc Weston, FL | $1,174,333 | $3,107,204 |
Birmingham United Soccerassociation Inc Birmingham, AL | $1,324,249 | $3,288,694 |
Jacksonville Fc Jacksonville, FL | $1,855,998 | $2,823,996 |