Downtown United Soccer Club Inc
- Assets
- $2.4m
- Revenue
- $4.6m
- Investments
- $0.0
- Employees
- 165
- Location
- New York, NY
- Founding
- 12/2000
- Data as of
- 05/2022
- EIN
- 13-4130051
Organization Overview
Downtown United Soccer Club Inc is located in New York, NY. The organization was established in 2000. According to its NTEE Classification (N64) the organization is classified as: Soccer, under the broad grouping of Recreation & Sports and related organizations. As of 05/2022, Downtown United Soccer Club Inc employed 165 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Downtown United Soccer 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 05/2022, Downtown United Soccer Club Inc generated $4.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.1% each year . All expenses for the organization totaled $4.2m during the year ending 05/2022. While expenses have increased by 9.1% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO EDUCATE, TRAIN AND INSPIRE YOUTH SOCCER PLAYERS OF ALL AGES AND ABILITIES IN A POSITIVE, RESPECTFUL, SUPPORTIVE ENVIRONMENT. TO FOSTER A DIVERSE COMMUNITY IN WHICH CHILDREN CAN DEVELOP A LIFELONG LOVE FOR THE GAME AND REALIZE THEIR FULL POTENTIAL AS PLAYERS AND PEOPLE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ACADEMY: RUN BY PROFESSIONAL COACHING STAFF, THE ACADEMY IS GEARED TOWARDS THE COMPLETE DEVELOPMENT OF HIGH LEVEL PLAYERS LOOKING TO PROGRESS TO THE COLLEGIATE LEVEL AND BEYOND.
CAMPS: CAMPS ARE OFFERED DURING SCHOOL BREAKS PROVIDING FUN AS WELL AS TECHNIQUES FOR MASTERING BALL SKILLS AND ADVANCED TRAINING.
CLASSES: PROFESSIONAL COACHES TEACH INDIVIDUAL PLAYERS, IMPROVING AND REFINING FUNDAMENTAL SKILLS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Isaac-Daniel Astrachan 2nd V. Pres | OfficerTrustee | 1 | $0 |
Paul Sowell Treasurer | OfficerTrustee | 1 | $0 |
Andy Scruton Pres, Chairman | OfficerTrustee | 10 | $0 |
Gary Baddeley 1stv.pres & Sec | OfficerTrustee | 1 | $0 |
Amanda Marsted Director | Trustee | 1 | $0 |
Alejandra Naranjo Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $178,310 |
| Related organizations | $0 |
| Government grants | $484,052 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $662,362 |
| Total Program Service Revenue | $3,906,324 |
| Investment income | $415 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $28,878 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,600,027 |
| 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 | $2,022,407 |
| Pension plan accruals and contributions | $28,438 |
| Other employee benefits | $0 |
| Payroll taxes | $210,843 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $13,146 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $40,309 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $26,636 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $12,556 |
| All other expenses | $404,031 |
| Total functional expenses | $4,185,693 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,679,238 |
| Savings and temporary cash investments | $582,707 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $47,891 |
| 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 | $77,545 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,387,381 |
| Accounts payable and accrued expenses | $320,556 |
| Grants payable | $0 |
| Deferred revenue | $756,294 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,076,850 |
| Net assets without donor restrictions | $1,310,531 |
| 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 | $2,387,381 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Downtown United Soccer Club Inc has recieved totaling $18,500.
| Awarding Organization | Amount |
|---|---|
Goldman Sachs Charitable Gift Fund New York, NY PURPOSE: COMMUNITY OUTREACH & ENRICHMENT PROGRAMS | $12,500 |
Werwaiss Family Charitable Trust Long Island City, NY PURPOSE: CHARITY | $2,500 |
Martini Fam Foundation Tr New York, NY PURPOSE: FOR OPERATIONS | $2,000 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $1,000 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
New England Futbol Club Inc Mendon, MA | $10,365,419 | $7,903,438 |
F C Stars Inc Acton, MA | $11,888,113 | $7,757,610 |
Fc Greater Boston Bolts Inc Framingham, MA | $1,933,967 | $5,392,273 |
Players Development Academy Corp Bernardsville, NJ | $4,745,667 | $5,179,037 |
Downtown United Soccer Club Inc New York, NY | $2,387,381 | $4,600,027 |
Spirit Soccer Club Of Chester Co Downingtown, PA | $3,712,440 | $4,199,820 |
New York Soccer Club Of Westchester Inc Purchase, NY | $1,450,794 | $3,791,791 |
Pennsylvania Classics Ac East Petersburg, PA | $3,528,438 | $4,071,583 |
Beadling Soccer Club Bridgeville, PA | $845,707 | $3,205,132 |
Massachusetts Youth Soccer Association Incorporated Lancaster, MA | $8,182,339 | $2,646,960 |
West Chester Soccer Club Inc West Chester, PA | $4,361,758 | $3,529,345 |
Streetsquash Inc New York, NY | $17,573,709 | $3,349,109 |