Albion Hurricanes F C
- Assets
- $12.6m
- Revenue
- $7.7m
- Investments
- $0.0
- Employees
- 73
- Location
- Houston, TX
- Founding
- 10/1996
- Data as of
- 06/2023
- EIN
- 76-0511457
Organization Overview
Albion Hurricanes F C is located in Houston, TX. The organization was established in 1996. According to its NTEE Classification (N64) the organization is classified as: Soccer, under the broad grouping of Recreation & Sports and related organizations. As of 06/2023, Albion Hurricanes F C employed 73 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Albion Hurricanes F C 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 06/2023, Albion Hurricanes F C generated $7.7m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.8% each year. All expenses for the organization totaled $6.6m during the year ending 06/2023. While expenses have increased by 7.6% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE SOCCER TRAINING TO CHILDREN BETWEEN THE AGES OF 7 AND 19 AND TO PROMOTE THE SPORT OF SOCCER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROMOTE SOCCER TRAINING TO CHILDREN BETWEEN THE AGES OF 7 AND 19. THE ORGANIZATION PROVIDED FINANCIAL ASSISTANCE THAT ENABLED CHILDREN TO OBTAIN SOCCER TRAINING.
TO PROMOTE SOCCER TRAINING TO CHILDREN BETWEEN THE AGES OF 7 AND 19. THE ORGANIZATION PROVIDED FINANCIAL ASSISTANCE THAT ENABLED CHILDREN TO OBTAIN SOCCER TRAINING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Horton President | OfficerTrustee | 35 | $180,969 |
Tony Johnson Vice Preside | OfficerTrustee | 60 | $143,126 |
Mark Mathews Director | Trustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $206,533 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $206,533 |
| Total Program Service Revenue | $7,093,479 |
| Investment income | $106,133 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$2,553 |
| Net Income from Fundraising Events | $169,575 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,710,296 |
| 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. | $353,696 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,958,442 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $195,964 |
| Payroll taxes | $232,785 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $97,451 |
| Fees for services: Accounting | $126,135 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $9,769 |
| Fees for services: Other | $535,795 |
| Advertising and promotion | $0 |
| Office expenses | $42,020 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $184,930 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,291 |
| Interest | $294,628 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $138,834 |
| Insurance | $13,612 |
| All other expenses | $142,195 |
| Total functional expenses | $6,624,693 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,981,980 |
| Savings and temporary cash investments | $2,083,760 |
| 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 | $7,093,191 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $413,683 |
| Total assets | $12,572,614 |
| 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 | $4,032,443 |
| Total liabilities | $4,032,443 |
| Net assets without donor restrictions | $8,540,171 |
| 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 | $12,572,614 |