Franklin Wake Soccer Club
- Assets
- $299.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Youngsville, NC
- Founding
- 01/2007
- Data as of
- 07/2023
- EIN
- 20-0997949
Organization Overview
Franklin Wake Soccer Club is located in Youngsville, NC. The organization was established in 2007. 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. Franklin Wake 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 07/2023, Franklin Wake Soccer Club generated $132.3k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.4%) each year. All expenses for the organization totaled $136.3k during the year ending 07/2023. 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
YOUTH SOCCER PROGRAM
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chris Straits President | 2 | $0 | |
Ryan Phillips Vice President | 2 | $0 | |
Dean Elliot Fieldsmaintenance Coordinator | 3 | $0 | |
David Young Director Of Referees | 4 | $0 | |
Brian Cole Challengeclassic Director | 2 | $0 | |
Chris Peterson Registrar | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,958 |
| Total Program Service Revenue | $130,100 |
| Membership dues | $0 |
| Investment income | $196 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $132,254 |
| 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 | $18,555 |
| Occupancy, rent, utilities, and maintenance | $29,125 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $88,580 |
| Total expenses | $136,260 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $114,232 |
| Other assets | $0 |
| Total assets | $299,766 |
| Total liabilities | $91,374 |
| Net assets or fund balances | $208,392 |