Winchester Soccer Club
- Assets
- $22.0m
- Revenue
- $2.5m
- Investments
- $0.0
- Employees
- 34
- Location
- Winchester, MA
- Founding
- 08/1997
- Data as of
- 10/2023
- EIN
- 04-3215250
Organization Overview
Winchester Soccer Club is located in Winchester, MA. The organization was established in 1997. 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 10/2023, Winchester Soccer Club employed 34 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Winchester 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 10/2023, Winchester Soccer Club generated $2.5m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.4% each year. All expenses for the organization totaled $2.0m during the year ending 10/2023. While expenses have increased by 9.5% per year over the past 8 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
TEACHING OUR CHILDREN THE VALUES OF FITNESS, TEAM WORK, AND FAIR PLAY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDES TRAINING, EQUIPMENT, FIELD MAINTENANCE, REFEREES, UNIFORMS, REGISTRATION, SUPERVISION, AND ORGANIZATION FOR ABOUT 1,500 YOUTH SOCCER PLAYERS AGED 6-18.
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 |
|---|---|---|---|
Himanshu Patel President | OfficerTrustee | 5 | $0 |
Bradford Coffey Vice President & Registrar | OfficerTrustee | 5 | $0 |
Manish Patel Treasurer | OfficerTrustee | 5 | $0 |
Anthony Forcione Assistant Treasurer | OfficerTrustee | 5 | $0 |
Michael Bettencourt Secretary | OfficerTrustee | 5 | $0 |
Albert Ragster Director | Trustee | 5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Heimlich Landscaping And Construction Construction | 10/30/16 | $2,147,827 |
Db2 Architecture Architecture | 10/30/16 | $115,101 |
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 | $11,360 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,360 |
| Total Program Service Revenue | $2,452,478 |
| Investment income | $4,874 |
| 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 | $2,468,712 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $512,621 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $45,178 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $8,603 |
| Fees for services: Accounting | $29,245 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $174,578 |
| Advertising and promotion | $5,455 |
| Office expenses | $578 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $35,200 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $514,969 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $301,310 |
| Insurance | $31,696 |
| All other expenses | $0 |
| Total functional expenses | $2,021,009 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $765,691 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $304,337 |
| 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 | $58,164 |
| Net Land, buildings, and equipment | $20,766,694 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $71,276 |
| Total assets | $21,966,162 |
| Accounts payable and accrued expenses | $89,516 |
| Grants payable | $0 |
| Deferred revenue | $591,628 |
| Tax-exempt bond liabilities | $5,479,000 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $631,366 |
| Secured mortgages and notes payable | $5,469,332 |
| Unsecured mortgages and notes payable | $179,557 |
| Other liabilities | $114,880 |
| Total liabilities | $12,555,279 |
| Net assets without donor restrictions | $9,410,883 |
| 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 | $21,966,162 |