Revere Fc is located in Revere, MA. The organization was established in 2014. 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. Revere Fc 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 03/2024, Revere Fc generated $148.8k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 10.5% each year . All expenses for the organization totaled $164.9k during the year ending 03/2024. While expenses have increased by 13.5% 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
2024
Describe the Organization's Program Activity:
Part 3
THE REVERE FOOTBALL CLUB ORGANIZES A SOCCER LEAGUE FOR 140 LOW-INCOME CHILDREN AGED 4 TO 15 YEARS OLD IN REVERE, MA. THE CHILDREN'S ENJOYMENT OF SOCCER, EXERCISE AND TUTORING OF SCHOOLWORK ARE THE THREE MAIN PRODUCTS OF THE REVERE FOOTBALL CLUB.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cesar Salazar President And Treasurer | 30 | $30,000 | |
Brian Salazar Director | 1 | $19,450 | |
Kevin Unger Director | 1 | $0 | |
Freis Salazar Director | 1 | $0 | |
Steve Salazar Clerk | 1 | $7,831 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $148,804 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $148,804 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $57,281 |
| Professional fees and other payments to independent contractors | $13,451 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $94,194 |
| Total expenses | $164,926 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $7,308 |
| Other assets | $0 |
| Total assets | $7,308 |
| Total liabilities | $0 |
| Net assets or fund balances | $7,308 |