Ela Soccer Club is located in Lake Zurich, IL. The organization was established in 2010. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. As of 06/2024, Ela Soccer Club employed 32 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ela 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 06/2024, Ela Soccer Club generated $2.2m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $2.0m during the year ending 06/2024. While expenses have increased by 4.5% per year over the past 5 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
ELA SOCCER CLUB IS DEDICATED TO PROVIDING AN ENVIRONMENT THAT DEVELOPS CHARACTER, COMMUNITY AND LOVE FOR THE GAME OF SOCCER. THE PROGRAM'S GOAL IS TO OFFER A SOCCER EXPERIENCE THAT IS ENJOYABLE AND REWARDING FOR ALL PARTICIPANTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE YOUTH SOCCER PROGRAM HAS OVER 1,500 BOYS AND GIRLS PARTICIPATING FROM AGES 4 TO 19. PLAYERS ARE OFFERED THE OPPORTUNITY TO PLAY SOCCER IN A SUPPORTIVE AND NON-COMPETITIVE ENVIRONMENT IN THE RECREATION PROGRAM. FOCUS ON TRAINING, INDIVIDUAL SKILL DEVELOPMENT AND PREPARATION FOR COMPETITIVE PROGRAMS IS ACCOMPLISHED THROUGH THE ELA ACADEMY PROGRAM. BOYS AND GIRLS AGES 7 TO 19 PARTICIPATE IN THE COMPETITIVE PROGRAM WHICH PROVIDES OPPORTUNITIES FOR PLAYERS TO PLAY SOCCER IN A SUPPORTIVE AND CHALLENGING ENVIRONMENT AT THE HIGHEST LEVEL COMMENSURATE WITH ABILITY AGAINST OTHER CLUBS IN THE UNITED STATES.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Doug Anderson President | OfficerTrustee | 20 | $0 |
Jacqueline Marais Exec. Direct | OfficerTrustee | 40 | $150,958 |
Jim Messineo Director At | Trustee | 0.5 | $0 |
Jose Fleita Director Of | Trustee | 40 | $125,314 |
Reid Anderson Director At | Trustee | 0.5 | $0 |
Rajinder Sharma Senior Staff | 40 | $101,525 |
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $7,740 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,740 |
| Total Program Service Revenue | $2,127,750 |
| Investment income | $79,912 |
| 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 | $2,215,402 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $286,614 |
| Compensation of current officers, directors, key employees. | $88,271 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $204,019 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $17,014 |
| Payroll taxes | $69,493 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,985 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $4,171 |
| Office expenses | $18,042 |
| Information technology | $2,751 |
| Royalties | $0 |
| Occupancy | $40,052 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $70,086 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $56,273 |
| Insurance | $31,063 |
| All other expenses | $46,133 |
| Total functional expenses | $1,968,116 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,557,183 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,725 |
| 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 | $21,639 |
| Net Land, buildings, and equipment | $2,445,206 |
| Investments—publicly traded securities | $855,162 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,880,915 |
| Accounts payable and accrued expenses | $690,115 |
| 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 | $1,839,624 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $50,000 |
| Total liabilities | $2,579,739 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $2,301,176 |
| Total liabilities and net assets/fund balances | $4,880,915 |