Xolos Academy Fc Mn Inc is located in Baxter, MN. Xolos Academy Fc MN 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 12/2023, Xolos Academy Fc MN Inc generated $56.9k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 44.4% each year . All expenses for the organization totaled $54.4k during the year ending 12/2023. While expenses have increased by 29.4% per year over the past 2 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
XOLO ACADEMY FC MN PROVIDES OVER 60 YOUTHS BETWEEN THE AGES OF 6-19 THE OPPORTUNITY TO LEARN THE GAME OF SOCCER WITH AN EMPHASIS ON SPORTSMANSHIP AND CHARACTER BUILDING. PLAYERS BUILD ATHLETIC SKILLS, SELF CONFIDENCE AND LIFELONG FRIENDSHIPS BY PARTICIPATING IN PRACTICES, COMPETITIVE TOURNAMENTS, AND SKILL CAMPS WITH TEAMMATES FROM CENTRAL AND NORTHERN MN AS WELL AS OTHER TEAMS FROM ACROSS THE US.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Heidi Lemieur President | 2 | $0 | |
Jonathan Lemieur Vice President | 2 | $0 | |
Jeff James Director | 2 | $0 | |
Jonah Trout Director | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $13,110 |
Total Program Service Revenue | $0 |
Membership dues | $43,787 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $56,897 |
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 | $10,050 |
Occupancy, rent, utilities, and maintenance | $1,000 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $43,322 |
Total expenses | $54,372 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $2,904 |
Other assets | $0 |
Total assets | $2,904 |
Total liabilities | $0 |
Net assets or fund balances | $2,904 |