Colorado Fusion Soccer Club
- Assets
- $6.5m
- Revenue
- $14.9m
- Investments
- $0.0
- Employees
- 123
- Location
- Aurora, CO
- Founding
- 07/1993
- Data as of
- 12/2022
- EIN
- 84-1230993
Organization Overview
Colorado Fusion Soccer Club, operating under the name Colorado Rapids Youth Soccer Club, is located in Aurora, CO. The organization was established in 1993. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, under the broad grouping of Recreation & Sports and related organizations. As of 12/2022, Colorado Rapids Youth Soccer Club employed 123 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Colorado Rapids Youth Soccer Club 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 12/2022, Colorado Rapids Youth Soccer Club generated $14.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 20.3% each year . All expenses for the organization totaled $15.0m during the year ending 12/2022. While expenses have increased by 22.1% per year over the past 7 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.
Since 2019, Colorado Rapids Youth Soccer Club has awarded 30 individual grants totaling $274,519. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE COLORADO FUSION SOCCER CLUB PROVIDES AN ENVIRONMENT WHERE YOUNG SOCCER PLAYERS FROM DIVERSE BACKGROUNDS ARE GUIDED AND INSPIRED TO REACH THEIR FULL POTENTIAL BOTH ON AND OFF THE FIELD.
Describe the Organization's Program Activity:
THE COLORADO FUSION SOCCER CLUB PROVIDES THE YOUTH OF OUR DIVERSE COMMUNITY WITH THE BENEFITS OF A TEAM SPORT THAT DEVELOPS CHARACTER AND SPORTSMANSHIP, FOSTERS A HEALTHY LIFESTYLE AND ENJOYMENT, AND ENCOURAGES EACH PLAYER TO ACHIEVE HIS OR HER HIGHEST POTENTIAL ON AND OFF THE SOCCER FIELD. COLORADO FUSION SOCCER CLUB IS COMPRISED OF OVER 10,000 RECREATIONAL AND COMPETITIVE PLAYERS RANGING IN AGE FROM 3 TO 18.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Aaron Nagel Executive Di | Officer | 40 | $157,296 |
Donald Gillies Technical Di | 40 | $142,051 | |
Eric Fehr Coo/cfo | 40 | $127,750 | |
Manny Rodriguez President | OfficerTrustee | 2 | $0 |
Robert Klamser Vice Chair | OfficerTrustee | 2 | $0 |
Sean O'hara Director | Trustee | 2 | $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 | $195,284 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $195,284 |
| Total Program Service Revenue | $13,925,354 |
| Investment income | $8,128 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $478,213 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $281,576 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $14,888,555 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $226,761 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $157,296 |
| Compensation of current officers, directors, key employees. | $58,200 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,365,743 |
| Pension plan accruals and contributions | $47,592 |
| Other employee benefits | $166,320 |
| Payroll taxes | $378,356 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| 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 | $3,029,903 |
| Advertising and promotion | $87,059 |
| Office expenses | $560,585 |
| Information technology | $150,920 |
| Royalties | $0 |
| Occupancy | $871,038 |
| Travel | $415,541 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $106,038 |
| Interest | $44,803 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $57,810 |
| Insurance | $76,517 |
| All other expenses | $553,072 |
| Total functional expenses | $14,974,059 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $5,258,086 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $51,278 |
| 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 | $253,707 |
| Investments—publicly traded securities | $945,227 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $6,660 |
| Total assets | $6,514,958 |
| Accounts payable and accrued expenses | $304,777 |
| 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 | $1,991,783 |
| Other liabilities | $555,013 |
| Total liabilities | $2,851,573 |
| Net assets without donor restrictions | $3,663,385 |
| 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 | $6,514,958 |
Grants Awarded
Over the last fiscal year, Colorado Fusion Soccer Club has awarded $86,715 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
TEAM CRYSC 08G ECNL | | | $8,855 |
TEAM CRYSC NORTH 07G BURGANDY | | | $12,141 |
TEAM CRYSC 07G ENCL | | | $10,783 |
TEAM CRYSC 05B ECNL | | | $20,757 |
TEAM CRYSC 0304G ECNL | | | $11,142 |
TEAM CRYSC NORTH 11B SELECT | | | $8,399 |