Emerald City Football Club is located in Seattle, WA. The organization was established in 1997. 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. Emerald City Football 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 03/2021, Emerald City Football Club generated $733.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.2%) each year. All expenses for the organization totaled $662.8k during the year ending 03/2021. As we would expect to see with falling revenues, expenses have declined by (2.4%) per year over the past 7 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
EMERALD CITY FOOTBALL CLUB'S MISSION IS TO DEVELOP EACH OF OUR PLAYERS TO HIS OR HER FULLEST POTENTIAL, COMPETING AT THE HIGHEST POSSIBLE LEVEL, WHILE DEMONSTRATING EXEMPLARY TEAMWORK, SPORTSMANSHIP AND A PASSION FOR THE GAME.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CLUB PROVIDES LICENSED COACHES, INSURANCE, FIELDS, REFEREES, EQUIPMENT, UNIFORMS, TRAINING AND CLUB EVENTS, LEAGUE AND CLUB FEES, COLLEGE RECRUITING ASSISTANCE FOR PLAYER AND TEAM USE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
David Smith Technical Director | Trustee | 8 | $80,500 |
John Hamel Coaching Director | Trustee | 8 | $71,700 |
Robert Howe Coaching Director Emeritus | Trustee | 1 | $12,000 |
Chad Lepper Member At Large | Trustee | 2 | $0 |
Roger Krosevic Member At Large | Trustee | 2 | $0 |
Paul Wacker VP Of Membership | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $1,347 |
Investment income | $523 |
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 | $733,340 |
Statement of Expenses | |
---|---|
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 to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $30,517 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $534,695 |
Advertising and promotion | $6,834 |
Office expenses | $5,468 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
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 | $11,608 |
Depreciation, depletion, and amortization | $0 |
Insurance | $1,489 |
All other expenses | $0 |
Total functional expenses | $662,780 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $195,328 |
Savings and temporary cash investments | $373,465 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $208,381 |
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 | -$48,198 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $728,976 |
Accounts payable and accrued expenses | $44,987 |
Grants payable | $0 |
Deferred revenue | $39,754 |
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 | $149,900 |
Other liabilities | $0 |
Total liabilities | $234,641 |
Net assets without donor restrictions | $0 |
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 |
Total liabilities and net assets/fund balances | $494,335 |