Elite Soccer Club is located in Paramount, CA. The organization was established in 2018. 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. Elite 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 12/2021, Elite Soccer Club generated $114.3k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 8.3% each year. All expenses for the organization totaled $99.2k during the year ending 12/2021. While expenses have increased by 4.8% per year over the past 3 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
WE HAVE GROWN FROM 2 TO APPROX 10 TEAMS IN OUR CLUB. ALL OF OUR TEAMS HAVE YOUTH FROM LOW INCOME FAMILIES. WE HAVE GROWN TO HAVE A LEASED FIELD THROUGHOUT WEEKDAYS WHICH OUR CHILDREN COME, PRACTICE AND USE AS A SAFEHAVEN
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Francisco Corona President | 12 | $0 | |
Jennifer Corona Secretary | 5 | $0 | |
Guadalupe Otanez-Corona CFO | 2 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $114,251 |
| 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 | $114,251 |
| 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 | $850 |
| Occupancy, rent, utilities, and maintenance | $46,725 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $51,667 |
| Total expenses | $99,242 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $26,869 |
| Other assets | $0 |
| Total assets | $26,869 |
| Total liabilities | $0 |
| Net assets or fund balances | $26,869 |