Nasa Tophat Inc is located in Kennesaw, GA. 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. As of 06/2022, Nasa Tophat Inc employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nasa Tophat 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, Nasa Tophat Inc generated $7.3m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 12.0% each year . All expenses for the organization totaled $5.9m during the year ending 06/2022. While expenses have increased by 7.1% per year over the past 5 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
SOCCER INSTRUCTION TRAINING AND PROMOTION. THE ORGANIZATION PROVIDES SOCCER, COACHING, TRAINING AND TEAM DEVELOPMENT TO HELP PLAYERS ACHIEVE THEIR FULL POTENTIAL, GIVING SOME THE CHANCE
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION SPONSORS AND PROVIDES SOCCER INSTRUCTION AND TRAINING FOR MEMBERS, AND ORGANIZES & PROMOTES THE PLAYING OF SOCCER GAMES FOR BOTH RECREATIONAL AND COMPETATIVE PURPOSES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Chris Faklaris President | Officer | 10 | $0 |
Eric Pfeifer Secretary | Officer | 5 | $0 |
Will Kallbreier Treasurer | Officer | 5 | $0 |
Shon Casey Real Estate | Trustee | 3 | $0 |
Chris Gentry Board Member | Trustee | 3 | $0 |
Peter Manning Board Member | Trustee | 3 | $0 |
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 | $169,431 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $169,431 |
Total Program Service Revenue | $5,925,670 |
Investment income | $645 |
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 | $7,270,572 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $108,913 |
Fees for services: Management | $0 |
Fees for services: Legal | $13,280 |
Fees for services: Accounting | $1,625 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $7,113 |
Office expenses | $7,186 |
Information technology | $7,448 |
Royalties | $0 |
Occupancy | $305,999 |
Travel | $26,794 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $85,431 |
Insurance | $32,785 |
All other expenses | $2,714,607 |
Total functional expenses | $5,892,422 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $3,915,439 |
Savings and temporary cash investments | $0 |
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 | $353,465 |
Net Land, buildings, and equipment | $541,986 |
Investments—publicly traded securities | $232,321 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $5,043,211 |
Accounts payable and accrued expenses | $176,979 |
Grants payable | $20,772 |
Deferred revenue | $2,776,222 |
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 | $0 |
Other liabilities | $0 |
Total liabilities | $2,973,973 |
Net assets without donor restrictions | $2,069,238 |
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 | $5,043,211 |
Over the last fiscal year, we have identified 1 grants that Nasa Tophat Inc has recieved totaling $13,000.
Awarding Organization | Amount |
---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $13,000 |
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 |