Sotam Futbol Academy Inc
- Assets
- $2.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Silver Spring, MD
- Founding
- 04/2016
- Data as of
- 12/2019
- EIN
- 81-1231700
Organization Overview
Sotam Futbol Academy Inc is located in Silver Spring, MD. The organization was established in 2016. According to its NTEE Classification (N64) the organization is classified as: Soccer, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sotam Futbol Academy 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 12/2019, Sotam Futbol Academy Inc generated $38.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (13.4%) each year. All expenses for the organization totaled $42.5k during the year ending 12/2019. As we would expect to see with falling revenues, expenses have declined by (9.7%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2019
Describe the Organization's Program Activity:
Part 3
CHRISTIAN BASED SOCCER ACADEMY TO PROVIDE ACADEMIC & EMOTIONAL PROGRAMS FOR URBAN, UNDERSERVED GIRLS & BOYS IN MARYLAND AGES 6-14.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Juan Carlos Cruz CEO | 30 | $0 | |
Kelly Feehely Vice President | 8 | $0 | |
Oscar Ruiz President | 8 | $0 | |
Alexis Smith Secretary | 8 | $0 | |
Allison Alt Treasurer | 8 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $222 |
| Total Program Service Revenue | $24,695 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $13,877 |
| Other Revenue | $0 |
| Total Revenue | $38,794 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $6,615 |
| Printing, publications, postage, and shipping | $137 |
| Other expenses | $35,780 |
| Total expenses | $42,532 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $384 |
| Other assets | $0 |
| Total assets | $2,165 |
| Total liabilities | $0 |
| Net assets or fund balances | $2,165 |