Bethesda Soccer Club Inc
- Assets
- $4.2m
- Revenue
- $5.4m
- Investments
- $0.0
- Employees
- 75
- Location
- Bethesda, MD
- Founding
- 08/1981
- Data as of
- 08/2022
- EIN
- 52-1223186
Organization Overview
Bethesda Soccer Club Inc is located in Bethesda, MD. The organization was established in 1981. According to its NTEE Classification (N64) the organization is classified as: Soccer, under the broad grouping of Recreation & Sports and related organizations. As of 08/2022, Bethesda Soccer Club Inc employed 75 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bethesda Soccer Club Inc 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 08/2022, Bethesda Soccer Club Inc generated $5.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $4.8m during the year ending 08/2022. While expenses have increased by 1.5% per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
DEVELOP AND PROMOTE THE GROWTH OF AND AN APPRECIATION FOR THE GAME OF SOCCER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BCS'S YOUTH DEVELOPMENT PROGRAM PROVIDES AGE APPROPRIATE TRAINING AND PLAYING OPPORTUNITIES FOR CHILDREN AGES 8-12 DESIGNED TO FOSTER THE JOY OF PLAY AND THE DEVELOPMENT OF TECHNICAL SKILLS.
BSC SPONSORS A SOCCER TOURNAMENT IN NOVEMBER OF EACH YEAR. THE TOURNAMENT ATTRACTS 900 TEAMS FROM THE USA, CANADA AND OTHER COUNTRIES, AND ALLOWS BSC PLAYERS TO COMPETE AGAINST, MEET, AND INTERACT WITH PLAYERS FROM OTHER TEAMS AND CLUBS. BSC ALSO SPONSORS OTHER TOURNAMENTS FOR LOCAL CLUBS AT OTHER TIMES IN THE YEAR.
THE DEVELOPMENT ACADEMY IS IN PARTNERSHIP WITH ANOTHER LOCAL CLUB TO PROVIDE FUNDING SUPPORT FOR PLAYER FEES AND TRAVEL FOR PLAYERS AGE 13-18.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jonathon Colton Executive Dir. | OfficerTrustee | 40 | $198,909 |
Sam Wales Vice President | OfficerTrustee | 8 | $0 |
Deb Warsaw Secretary | OfficerTrustee | 8 | $0 |
Bill Brady President | OfficerTrustee | 8 | $0 |
Astor Heavan Treasurer | OfficerTrustee | 8 | $0 |
Kamran Koochekzadeh Director | Trustee | 8 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $413,105 |
| All other contributions, gifts, grants, and similar amounts not included above | $76,467 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $489,572 |
| Total Program Service Revenue | $4,843,166 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $71,475 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,404,213 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $131,622 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $313,037 |
| Compensation of current officers, directors, key employees. | $223,552 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,859,983 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $2,000 |
| Payroll taxes | $162,083 |
| Fees for services: Management | $9,730 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $70,404 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $39,114 |
| Advertising and promotion | $24,742 |
| Office expenses | $17,730 |
| Information technology | $2,335 |
| Royalties | $0 |
| Occupancy | $1,118,693 |
| Travel | $106,447 |
| 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 | $4,546 |
| Insurance | $33,121 |
| All other expenses | $65,126 |
| Total functional expenses | $4,843,291 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,000,370 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,777,222 |
| 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 | $338,470 |
| Net Land, buildings, and equipment | $8,297 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $55,257 |
| Total assets | $4,179,616 |
| Accounts payable and accrued expenses | $248,631 |
| Grants payable | $0 |
| Deferred revenue | $2,901,716 |
| 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 | $15,571 |
| Total liabilities | $3,165,918 |
| Net assets without donor restrictions | $1,013,698 |
| 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 | $4,179,616 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Bethesda Soccer Club Inc has recieved totaling $11,500.
| Awarding Organization | Amount |
|---|---|
Blue Lagoon Foundation Inc Big Canoe, GA PURPOSE: GENERAL FUND | $11,500 |
Peer Organizations
| 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 |