Beach Futbol Club
- Assets
- $2.4m
- Revenue
- $6.1m
- Investments
- $0.0
- Employees
- 10
- Location
- Torrance, CA
- Founding
- 02/1998
- Data as of
- 06/2022
- EIN
- 33-0679708
Organization Overview
Beach Futbol Club is located in Torrance, CA. The organization was established in 1998. According to its NTEE Classification (N64) the organization is classified as: Soccer, under the broad grouping of Recreation & Sports and related organizations. As of 06/2022, Beach Futbol Club employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Beach Futbol 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 06/2022, Beach Futbol Club generated $6.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.7% each year. All expenses for the organization totaled $5.6m during the year ending 06/2022. While expenses have increased by 10.1% per year over the past 7 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION IS DEDICATED TO PROVIDING COMPETITIVE AND EDUCATIONAL SOCCER OPPORTUNITIES FOR YOUTH PLAYERS FROM 7 TO UNDER 19 YEARS OF AGE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PROVIDED SOCCER TEAM COACHING, INDIVIDUAL SKILLS TRAINING, CONDITIONING, AND EMOTIONAL DEVELOPMENT, THROUGH WEEKLY PRACTICES AND COMPETITIVE TEAM PLAY FOR APPROXIMATELY 1,600 BOYS AND GIRLS AGES 7 THROUGH 19 YEARS OF AGE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steve Grace President | OfficerTrustee | 25 | $30,000 |
Robert Simon Treasurer | OfficerTrustee | 20 | $24,250 |
Kevin Butcher Fields Coordinator | Trustee | 10 | $13,010 |
Jennifer Davy Mgr Liaison, Director | Trustee | 20 | $30,000 |
Ben Hull Secretary | OfficerTrustee | 5 | $0 |
Hugo I Ayala Key Employee | Officer | 40 | $101,825 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $5,691,724 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $164,458 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,856,182 |
| Total Program Service Revenue | $87,144 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $121,967 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,065,293 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $30,000 |
| 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. | $84,000 |
| Compensation of current officers, directors, key employees. | $42,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,052,162 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $84,112 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $112 |
| 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 | $0 |
| Advertising and promotion | $22,500 |
| Office expenses | $6,747 |
| Information technology | $15,702 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $23,062 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $12,539 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $11,635 |
| Insurance | $83,363 |
| All other expenses | $74,486 |
| Total functional expenses | $5,621,367 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,344,612 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $8,310 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $38,796 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,391,718 |
| Accounts payable and accrued expenses | $48,643 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $48,643 |
| Net assets without donor restrictions | $2,343,075 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,391,718 |
Grants Awarded
Over the last fiscal year, Beach Futbol Club has awarded $72,131 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
LONG BEACH STATE UNIV PURPOSE: WOMENS SOCCER PROGRAM | $25,000 |
EL CAMINO COLLEGE PURPOSE: ATHLETICS DEPT & GOLF CLASSIS SPONSOR | $47,131 |