Michigan Jaguars Fc

The information for Michigan Jaguars Fc is as of the organization's most recent filing in June '17. This organization is located in Novi, MI. It has been in existence for 5 years, following its founding in 2012.

Organization Classification

The IRS classifies organizations according to the National Taxonomy of Exempt Entities (NTEE) system. The NTEE system helps the IRS assign a 3-character code to each organization to describe the organization's activities.

The Michigan Jaguars FC's NTEE code is N64. The "N" tells us that the organization is classified under Recreation & Sports. The "64" tells us that the organization is specifically focused on soccer. The NTEE describes organizations with this code as those that provide opportunities for people to learn and become competitive in soccer, including coaching, access to a soccer field, soccer equipment, uniforms, and officials for competitions. The organization is also a 501(c)(3) organization, which means it is engaged in Religious, Educational, Charitable, Scientific, Literary, Public Safety, Amateur Sports, or Prevention of Cruelty to Children or Animals work. The mission of the Michigan Jaguars FC is to provide an educational experience for youth soccer players, training them to become quality players while gaining lifelong lessons and experiences. The organization took over operations from the Novi Jaguar Soccer Association in 2011.

Program Areas

Program Area 1: The organization hosted and organized the Jaguars Invitational Tournament with approximately 525 youth soccer teams participating.

Program Area 2: The organization organized and coached approximately 1,920 youth players as part of the normal season.

Program Area 3: The organization conducted clinical, instructional, and camp coaching events for youth soccer that promoted teamwork and physical fitness. This program area focuses on providing opportunities for youth to participate in soccer-related activities and develop essential skills while also promoting the importance of teamwork and physical fitness.

Board Governance

The Michigan Jaguars FC, a non-profit organization, appears to be fairly well-governed based on the provided information. The organization has a small board of 5 voting members, with 4 of them being independent. This suggests that the board is likely to have a diverse range of perspectives and expertise, which can contribute to effective decision-making and oversight. One positive aspect of the organization's governance is that potential conflicts of interest do not exist. This indicates that the board members are not involved in any activities that may compromise their objectivity or ethical obligations towards the organization. Additionally, the organization does not delegate management to an outside firm, which can help maintain transparency and accountability within the organization. The fact that board meetings are documented is another positive sign of good governance. This practice ensures that decisions and discussions are recorded, providing a clear record of the board's actions and helping to maintain transparency. However, it is worth noting that committee meetings are not documented, which may limit the visibility and understanding of the organization's decision-making processes at a more granular level. While the organization does not have a conflict of interest policy, it does require the disclosure of conflicts. This requirement helps to ensure that any potential conflicts are identified and addressed appropriately. Additionally, the organization substantiates and reviews both leadership and officer salaries, which demonstrates a commitment to financial accountability and transparency. However, there are some areas where the organization could improve its governance practices. The lack of a written whistleblower policy and document retention policy may leave the organization vulnerable to potential issues related to reporting misconduct or retaining important records. Furthermore, the organization does not provide copies of the 990, a tax form that provides financial information, to the board prior to filing. This may limit the board's ability to review and provide input on the organization's financial activities before they are submitted to the relevant authorities. In conclusion, the Michigan Jaguars FC demonstrates several positive aspects of governance, such as a small board with independent members, the absence of conflicts of interest, and documented board meetings. However, there are areas where the organization could enhance its governance practices, including the implementation of a conflict of interest policy, a whistleblower policy, a document retention policy, and providing copies of the 990 to the board prior to filing. Addressing these areas would further strengthen the organization's governance and ensure its long-term success.

Organization Growth

The nonprofit organization, Michigan Jaguars FC, has experienced growth over the given time period. Contributions and grants received increased from $3.0M in 2015 to $3.5M in 2016. Program service revenue also increased from $717.0K in 2015 to $728.4K in 2016. Investment income saw a slight increase from $996 in 2015 to $1.1K in 2016. However, other revenue decreased from $150.7K in 2015 to $75.6K in 2016. Despite this decrease, the total revenue still increased from $3.9M in 2015 to $4.3M in 2016. Additionally, grants paid increased from $90.4K in 2015 to $115.5K in 2016. However, total expenses also increased from $3.7M in 2015 to $4.5M in 2016. Overall, the organization has shown growth in various areas, but it is important to note the increase in expenses as well.