Fc Greater Boston Bolts Inc

Organization Overview

Fc Greater Boston Bolts Inc is located in Framingham, MA. The organization was established in 2018. According to its NTEE Classification (N64) the organization is classified as: Soccer, under the broad grouping of Recreation & Sports and related organizations. As of 07/2023, Fc Greater Boston Bolts Inc employed 108 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fc Greater Boston Bolts 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 07/2023, Fc Greater Boston Bolts Inc generated $6.1m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 53.2% each year . All expenses for the organization totaled $6.4m during the year ending 07/2023. While expenses have increased by 29.1% per year over the past 6 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

TO DEVELOP EXCEPTIONAL SOCCER PLAYERS THAT ARE PREPARED TO COMPETE AT THE COLLEGIATE, NATIONAL OR PROFESSIONAL LEVEL, BY PROVIDING THE HIGHEST QUALITY SOCCER RESOURCES, SUPERIOR TECHNICAL CURRICULUM, COMPETITIVE ATHLETIC PROGRAMS AND PERSONAL GROWTH OPPORTUNITIES THAT SUPPORT A SUCCESSFUL FUTURE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

EDUCATION - PROMOTED EDUCATIONAL AND CULTURAL BENEFITS OF SOCCER. TEACHING FAIR PLAY WITH RESPECT FOR OTHER PLAYERS, COACHES AND REFEREES. EACH LEAGUE SUPPLIED SEASONAL PROGRAM BOOKLET DESCRIBING ATTITUDES EXPECTED AND THE PROPER WAY TO PLAY SOCCER, LEADING TO IMPROVEMENT OF THE SPORT PLAYER. DEVELOPMENT - CLUB ENCOURAGES TEAMS AND PLAYERS TO PARTICIPATE IN CLUB AND LEAGUE ORGANIZED SESSIONS, CLINICS, AND TOURNAMENTS. COMPETITIVE GAMES - FOSTER NATIONAL AND INTERNATIONAL AMATEUR SPORTS COMPETITION. ASSIST SOCCER PLAYERS TO TEAM UP WITH AND/ OR PLAY AGAINST CHILDREN FROM ALL DIFFERENT TOWNS, STATES AND COUNTRIES. TEAMS AND DIVISIONS ARE DESIGNED TO ENCOURAGE DEVELOPMENT AT THE PLAYER LEVEL. SUPPORT FURTHER COMPETITION - THE ORGANIZATION PROVIDES SUPPORT FOR ITS TEAMS TO COMPETE NATIONALLY AND INTERNATIONALLY.


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Board, Officers & Key Employees

Name (title)Compensation
Kim Collins
President
$0
Smith Utubor
Treasurer
$45,000
Matt Cuttrel
Clerk/general Manager
$0
Marcus Koolman
Director/sporting Director
$108,129
Dennis Franzcak
Director
$0
Brian Ainscough - Former
Executive Director- Former
$115,257

Financial Statements

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$63,509
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$63,509
Total Program Service Revenue$6,045,486
Investment income $4,704
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$1,495
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $6,112,204

Peer Organizations

Organization NameAssets
Grassroot Soccer Inc
Hanover, NH
$13,100,777
New England Futbol Club Inc
Mendon, MA
$7,795,641
Fc Greater Boston Bolts Inc
Framingham, MA
$6,112,204
F C Stars Inc
Acton, MA
$7,757,610
Downtown United Soccer Club Inc
New York, NY
$4,397,324
Massachusetts Youth Soccer Association Incorporated
Lancaster, MA
$5,965,950
New York Soccer Club Of Westchester Inc
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$3,889,998
Streetsquash Inc
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$2,308,133
Empire United Soccer Academy Inc
West Henrietta, NY
$2,636,814
Eastern New York Youth Soccer Association Inc
Garden City South, NY
$2,866,488
Long Island Junior Soccer League Inc
Ronkonkoma, NY
$2,630,627
East Meadow Soccer Club
East Meadow, NY
$2,362,272
Football Club Boston Inc
Auburn, MA
$2,311,973
South Bronx United Inc
Bronx, NY
$1,867,377
Oakwood Soccer Club Inc
Glastonbury, CT
$1,488,753
Connecticut Junior Soccer Association Inc
Farmington, CT
$1,749,539
New York State West Youth Soccer Association Inc
Webster, NY
$1,712,885
New Hampshire Soccer Association
Manchester, NH
$1,337,169
Sc Gjoa Youth Soccer Inc
Brooklyn, NY
$1,136,634
Needham Soccer Club
Needham, MA
$1,463,488
Far Post Soccer Club Inc
Essex Jct, VT
$1,309,603
Westchester Youth Soccer League Inc
Rye, NY
$1,179,659
Li Slammers
New York, NY
$1,197,389
Galway Rovers Fc Of Hingham Inc
Scituate, MA
$1,097,720
Boston Area Youth Soccer League Inc
Wrentham, MA
$1,400,101

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