F C Portland Soccer Academy is located in Hillsboro, OR. The organization was established in 1994. According to its NTEE Classification (N64) the organization is classified as: Soccer, under the broad grouping of Recreation & Sports and related organizations. As of 04/2022, F C Portland Soccer Academy employed 54 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. F C Portland Soccer Academy 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 04/2022, F C Portland Soccer Academy generated $1.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.2%) each year. All expenses for the organization totaled $968.1k during the year ending 04/2022. As we would expect to see with falling revenues, expenses have declined by (1.3%) per year over the past 7 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
FC PORTLAND IS AN INCLUSIVE, COMMUNITY-MINDED, WORLD-CLASS DEVELOPMENT CLUB WHICH, THROUGH THE BEST OVERALL COACH AND PLAYER SOCCER PROGRAMS, PROVIDES YOUTH WITH PERSONAL GROWTH, ON AND OFF THE FIELD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GENERAL PROGRAM: THE ORGANIZATION PROVIDES TRAINING AND COMPETITION OPPORTUNITIES FOR YOUTH SOCCER ATHLETES IN THE UNDER 10 THROUGH UNDER 19 AGE GROUPS.
COMPETITIVE DIVISION: FC PORTLAND CREATES AND SUPPORTS TEAMS THAT PARTICIPATE IN OREGON PREMIER LEAGUES. SOME PLAYERS PARTICIPATE IN NATIONAL LEAGUES.
TRAINING DIVISION: FC PORTLAND PROVIDES ONGOING TRAINING FOR SERIOUS YOUNG SOCCER PLAYERS. THE GOAL IS TO PREPARE INDIVIDUALS FOR HIGHER LEVELS OF COMPETITION BY FOCUSING ON TACTIC AND TECHNICAL SKILLS. THE ACADEMY STRIVES TO MAXIMIZE EACH PLAYER'S SKILLS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Michael Jamieson Secretary | OfficerTrustee | 40 | $90,000 |
Clarena Charles Board Chair | OfficerTrustee | 1 | $0 |
Pedro Garcia Board Member | Trustee | 1 | $0 |
Joseph J Hanna Board Member | Trustee | 1 | $0 |
Kasey Keller Board Member | Trustee | 1 | $0 |
David J Wilson Board Member | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $107,781 |
All other contributions, gifts, grants, and similar amounts not included above | $42,539 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $150,320 |
Total Program Service Revenue | $967,148 |
Investment income | $4,153 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,122,929 |
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. | $90,000 |
Compensation of current officers, directors, key employees. | $11,700 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $463,230 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $54,348 |
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 | $12,546 |
Advertising and promotion | $0 |
Office expenses | $11,041 |
Information technology | $31,366 |
Royalties | $0 |
Occupancy | $122,339 |
Travel | $9,801 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $7,972 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $2,213 |
Insurance | $13,104 |
All other expenses | $0 |
Total functional expenses | $968,102 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $388,760 |
Savings and temporary cash investments | $758,710 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $4,009 |
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 | $6,705 |
Net Land, buildings, and equipment | $9,400 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,167,584 |
Accounts payable and accrued expenses | $51,145 |
Grants payable | $0 |
Deferred revenue | $3,110 |
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 | $109,300 |
Other liabilities | $0 |
Total liabilities | $163,555 |
Net assets without donor restrictions | $1,004,029 |
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 | $1,167,584 |
Over the last fiscal year, we have identified 1 grants that F C Portland Soccer Academy has recieved totaling $83,000.
Awarding Organization | Amount |
---|---|
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $83,000 |
Organization Name | Assets | Revenue |
---|---|---|
American Youth Soccer Organization Torrance, CA | $62,556,243 | $63,828,358 |
New Avenues For Youth Inc Portland, OR | $21,649,284 | $12,304,238 |
Mission Viejo Pateadores Inc Costa Mesa, CA | $5,410,676 | $6,870,399 |
Inland Youth Soccer Education Program Eastvale, CA | $2,679,996 | $4,925,052 |
Lake Washington Youth Soccer Association Redmond, WA | $5,169,989 | $4,179,699 |
Southern California Developmental Soccer League Yorba Linda, CA | $821,067 | $3,898,566 |
Beach Futbol Club Torrance, CA | $2,068,855 | $5,229,964 |
Carlsbad United Fc Carlsbad, CA | $2,069,872 | $4,701,055 |
Mustang Soccer League Danville, CA | $4,189,938 | $3,632,479 |
Mountain View Los Altos Soccer Club Los Altos, CA | $2,673,632 | $4,740,433 |
San Dieguito Surf Soccer Club Del Mar, CA | $213,133 | $3,920,186 |
Peninsula Soccer League San Diego, CA | $1,048,894 | $4,275,067 |