Victory Sports Club Inc
- Assets
- $0.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Argyle, TX
- Founding
- 05/2019
- Data as of
- 12/2021
- EIN
- 83-4626822
Organization Overview
Victory Sports Club Inc is located in Argyle, TX. The organization was established in 2019. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, 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. Victory Sports Club 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 12/2021, Victory Sports Club Inc generated $112.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (5.8%) each year. All expenses for the organization totaled $112.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (6.3%) per year over the past 3 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
2021
Describe the Organization's Program Activity:
Part 3
THE VICTORY SOCCER CLUB INC HAS AN AVERAGE OF FIVE HUNDRED YOUTH ATHLETES PARTICIPATE ANNUALLY IN THEIR VARIOUS LEAGUES & TOURNAMENTS. THIS MEANS THAT AN ESTIMATED 2,500 INDIVIDUALS PARTICIPATE EACH YEAR EITHER DIRECTLY AS PLAYERS & COACHES OR INDIRECTLY AS PARENTS & SPECTATORS AT ALL OF THE PRACTICES, GAMES AND RELATED ACTIVITIES. MORE IMPORTANTLY TO THE FAMILIES & THE COMMUNITIES OF MANSFIELD TEXAS & SURROUNDING AREAS, THE VALUES OF TEAMWORK & SPORTMANSHIP WERE INSTILLED IN THE THOUSANDS OF YOUTH PARTICIPANTS, COACHES AND SPECTATORS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Laura Voldan Secretary | 0 | $0 | |
Scott Moulton President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $112,538 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $112,538 |
| 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 | $42,956 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $69,303 |
| Total expenses | $112,259 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Total liabilities | $1,313 |
| Net assets or fund balances | -$1,313 |
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