Fc Bayern
- Assets
- $72.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Costa Mesa, CA
- Founding
- 01/2005
- Data as of
- 12/2022
- EIN
- 20-0650608
Organization Overview
Fc Bayern is located in Costa Mesa, CA. The organization was established in 2005. According to its NTEE Classification (N64) the organization is classified as: Soccer, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fc Bayern 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, Fc Bayern generated $131.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (17.9%) each year. All expenses for the organization totaled $119.0k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (18.6%) per year over the past 8 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE PURPOSE OF THIS ORGANIZATION IS TO DEVELOP YOUTH SOCCER PLAYERS AND COMPETITION.
Describe the Organization's Program Activity:
Part 3
INTERNATIONAL TRIPS
REGISTRATION FEES
TOURNAMENT FEES & EXPENSES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jose Duarte Vice President | 20 | $24,000 | |
Marissa Pena President | 1 | $0 | |
Jane Mitsumori Secretary | 0 | $0 | |
Holly Miller Treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $131,158 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $3 |
| Total Revenue | $131,161 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $24,000 |
| Professional fees and other payments to independent contractors | $18,000 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $77,022 |
| Total expenses | $119,022 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $72,496 |
| Other assets | $0 |
| Total assets | $72,496 |
| Total liabilities | $6,207 |
| Net assets or fund balances | $66,289 |