The information for Old Line Football Club is as of the organization's most recent filing in December '22. This organization is located in Bel Air, MD. It has been in existence for 7 years, following its founding in 2015.
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 Old Line Football Club's NTEE code is N64. The "N" tells us that the organization is classified under Recreation & Sports, specifically soccer. The NTEE describes organizations like the Old Line Football Club as providing 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 classified as 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 Old Line Football Club is to develop and stimulate the passion and growth of soccer by offering youth players in the greater Harford County, Maryland area the opportunity to participate in and contribute to an organized soccer club.
The youth soccer club in Northern Maryland is dedicated to providing an affordable option for parents, fostering the development of kids, and ensuring that everyone has a fun experience.
Old Line Football Club is run by Jessica Patino, who is the President. The organization currently does not have any employees. There are no employees paid over $100k per year. Supporting the organization are 9 volunteers.
Based on the information provided, it appears that the Old Line Football Club is not well-governed. The organization lacks several key governance practices that are important for transparency, accountability, and effective decision-making. Firstly, the Old Line Football Club does not have any independent members on its board. Independent members are crucial for providing unbiased perspectives and ensuring that decisions are made in the best interest of the organization and its stakeholders. Without independent members, there is a risk of conflicts of interest or decisions being influenced by personal relationships or biases. Additionally, the organization does not have documented board or committee meetings. Documented meetings are essential for keeping a record of discussions, decisions, and actions taken by the board and its committees. This lack of documentation makes it difficult to track the organization's decision-making processes and hold board members accountable for their actions. Furthermore, the Old Line Football Club does not have policies in place to address conflicts of interest, whistleblower protection, document retention, or salary review for leadership and officers. These policies are important for promoting ethical behavior, preventing misconduct, and ensuring financial transparency. Without these policies, the organization may be at risk of mismanagement or potential conflicts of interest going unnoticed. While the organization does provide copies of the 990 form to the board prior to filing, this is a basic requirement for non-profit organizations and does not compensate for the lack of other governance practices. In conclusion, based on the information provided, the Old Line Football Club appears to have inadequate governance practices. It is recommended that the organization considers implementing policies and procedures to address conflicts of interest, whistleblower protection, document retention, and salary review. Additionally, documenting board and committee meetings would significantly improve transparency and accountability within the organization.
The Old Line Football Club, a nonprofit organization, has experienced growth over the given time period. Contributions and grants received increased from $286.7K in 2020 to $335.9K in 2022. Investment income also increased from $22 in 2020 to $49 in 2022. Additionally, other revenue grew from $27.7K in 2020 to $47.0K in 2022. Overall, the total revenue of the organization increased from $314.4K in 2020 to $383.0K in 2022. However, it is important to note that the total expenses also increased from $253.2K in 2020 to $294.0K in 2022. Despite these increased expenses, the organization still experienced growth in terms of revenue. The number of total volunteers remained the same at 9 throughout the given time period and does not impact the discussion on growth.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Nicholas Molyneux Treasurer | OfficerTrustee | 5 | $0 |
Jennifer Molyneux Secretary | OfficerTrustee | 5 | $0 |
Louis Westermeyer V.p./equip Mngr | OfficerTrustee | 5 | $0 |
Jessica Patino President | OfficerTrustee | 5 | $0 |
Ed Mccue Dir. - Coaching | Trustee | 5 | $0 |
Megan Kelly Registrar | Trustee | 5 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $333,262 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $2,630 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $335,892 |
Total Program Service Revenue | $0 |
Investment income | $49 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $47,012 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $382,953 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
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 | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $2,544 |
Insurance | $0 |
All other expenses | $27,422 |
Total functional expenses | $294,046 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $254,610 |
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 | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $7,096 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $261,706 |
Accounts payable and accrued expenses | $0 |
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 | $0 |
Net assets without donor restrictions | $261,706 |
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 | $261,706 |
Over the last fiscal year, we have identified 1 grants that Old Line Football Club has recieved totaling $500.
Awarding Organization | Amount |
---|---|
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: PROGRAM/OPERATING SUPPORT | $500 |
Organization Name | Assets | Revenue |
---|---|---|
Richmond Strikers Soccer Club Inc Glen Allen, VA | $6,484,910 | $7,892,282 |
Soccer Association Ofcolumbia Inc Ellicott City, MD | $14,674,993 | $7,834,264 |
Loudoun Youth Soccer Association Leesburg, VA | $8,456,614 | $7,397,666 |
Arlington Soccer Association Inc Arlington, VA | $7,101,878 | $5,587,943 |
Bethesda Soccer Club Inc Bethesda, MD | $4,179,616 | $5,404,213 |
Alexandria Soccer Association Inc Alexandria, VA | $6,235,592 | $5,465,888 |
Spirit Soccer Club Of Chester Co Downingtown, PA | $3,712,440 | $4,199,820 |
Pennsylvania Classics Ac East Petersburg, PA | $3,528,438 | $4,071,583 |
Mclean Youth Soccer Association Mclean, VA | $5,370,250 | $4,066,395 |
Elite Clubs National League Inc Henrico, VA | $951,283 | $2,862,570 |
Beadling Soccer Club Bridgeville, PA | $845,707 | $3,205,132 |
West Chester Soccer Club Inc West Chester, PA | $4,361,758 | $3,529,345 |