Riverside City Football Club
- Assets
- $138.3k
- Revenue
- $771.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Riverside, CA
- Founding
- 09/2018
- Data as of
- 12/2023
- EIN
- 82-4178844
Organization Overview
Riverside City Football Club, operating under the name Albion SC Riverside, is located in Riverside, CA. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Albion SC Riverside 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 12/2023, Albion SC Riverside generated $771.7k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 14.3% each year . All expenses for the organization totaled $716.1k during the year ending 12/2023. While expenses have increased by 13.6% 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF ALBION SC IS TO DEVELOP SUCCESSFUL WELL-ROUNDED INDIVIDUALS WHO EXHIBIT GOOD SPORTSMANSHIP ETHICAL AND MORAL BEHAVIOR AND GOOD CITIZENSHIP. WE AIM TO LEVERAGE THE CHALLENGES AND LIFE LESSONS OF STRIVING FOR EXCELLENCE IN COMPETITIVE SOCCER INTO MOLDING YOUNG PEOPLE TO UNDERSTAND THE VALUE OF TEAMWORK SPORTSMANSHIP AND HARD WORK WHILE FOSTERING AN ENVIRONMENT THAT ALLOWS PLAYERS TO REACH THEIR FULL POTENTIAL AND LOVE FOR THE GAME..
Describe the Organization's Program Activity:
Part 3 - Line 4a
ALBION SC RIVERSIDE REGISTERED 538 PLAYERS ON 44 COMPETITIVE SOCCER TEAMS AND PARTICIPATED IN THE SOCAL LEAGUE EA LEAGUE NATIONAL PREMIER LEAGUE AND VARIOUS PRIVATE TOURNAMENTS SANCTIONED BY US CLUB AND CAL SOUTH SOCCER ASSOCIATION. ALBION SC RIVERSIDE PAID LICENSED COACHES TO TRAIN TEAMS AS INDEPENDENT CONTRACTORS. ALBION PAID FOR EQUIPMENT FOR SOCCER TRAINING AND COMPETITIONS MARKETING AND ADVERTISING REGISTRATION IN LEAGUES INSURANCE PREMIUMS AND LEASES RENTALS FOR FACILITIES TO CONDUCT BUSINESS OF THE ORGANIZATION. IT ALSO PAID FOR THE DEVELOPMENT OF COACHES TO SECURE ADDITIONAL LICENSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Keith Smith Board President | Officer | 20 | $0 |
Aurelio Melendrez Board Vice President | Officer | 20 | $0 |
Michael Stephenson Board Member-Operations | Officer | 30 | $0 |
Omid Hamzeinejad Board Member- Facilities | Officer | 30 | $0 |
Tobias Lopez Board Treasurer | Officer | 30 | $0 |
Apolo Montenegro Board Member-Registrar | Officer | 30 | $0 |
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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $647,055 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $108,155 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $771,695 |
| 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. | $76,200 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $372,082 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,010 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,055 |
| Office expenses | $21,714 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $107,321 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,850 |
| Interest | $0 |
| Payments to affiliates | $24,210 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $22,374 |
| Total functional expenses | $716,147 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $138,306 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $138,306 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| 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 | $138,306 |
| Total liabilities and net assets/fund balances | $138,306 |