The Grover Gibson Soccer Foundation is located in Fredericksbrg, VA. The organization was established in 2013. According to its NTEE Classification (N64) the organization is classified as: Soccer, under the broad grouping of Recreation & Sports and related organizations. As of 12/2020, Grover Gibson Soccer Foundation employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Grover Gibson Soccer Foundation 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 12/2020, Grover Gibson Soccer Foundation generated $65.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (22.2%) each year. All expenses for the organization totaled $57.4k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (23.1%) per year over the past 6 years. 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
2020
Describe the Organization's Program Activity:
Part 3
0
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Grover Gibson President | 20 | $0 | |
Kathryn Gibson Treasurer | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $65,424 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $65,424 |
| 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 | $3,851 |
| Occupancy, rent, utilities, and maintenance | $17,453 |
| Printing, publications, postage, and shipping | $675 |
| Other expenses | $35,428 |
| Total expenses | $57,405 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $8,450 |
| Other assets | $0 |
| Total assets | $8,450 |
| Total liabilities | $0 |
| Net assets or fund balances | $8,450 |