Palm Beach Last Dream Soccer Club Inc
- Assets
- $3.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- West Palm Beach, FL
- Founding
- 02/2015
- Data as of
- 12/2023
- EIN
- 27-2387245
Organization Overview
Palm Beach Last Dream Soccer Club Inc is located in West Palm Beach, FL. The organization was established in 2015. 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 the central organization for a national or regional group of organizations. Palm Beach Last Dream Soccer Club Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2023, Palm Beach Last Dream Soccer Club Inc generated $22.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (8.7%) each year. All expenses for the organization totaled $22.8k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (8.5%) per year over the past 9 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
2023
Describe the Organization's Program Activity:
Part 3
EXPENDITIRES NEEDED TO OPERATE A SOCCER CLUB
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Raphael Abbenante President | 2 | $0 | |
Muaricio Perez Vice President | 5 | $0 | |
Carlos Perez Treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $22,170 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $22,170 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $16,826 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $4,300 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,560 |
| Total expenses | $22,786 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $3,940 |
| Other assets | $0 |
| Total assets | $3,940 |
| Total liabilities | $0 |
| Net assets or fund balances | $3,940 |