Capital Travel Sports Inc
- Assets
- $152.3k
- Revenue
- $542.2k
- Investments
- $0.0
- Employees
- 16
- Location
- Washington, DC
- Founding
- 07/2009
- Data as of
- 06/2023
- EIN
- 80-0276269
Organization Overview
Capital Travel Sports Inc, operating under the name Washington Capital United, is located in Washington, DC. The organization was established in 2009. 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, Washington Capital United employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Washington Capital United 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, Washington Capital United generated $542.2k in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $590.2k during the year ending 06/2023. While expenses have increased by 5.2% per year over the past 2 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
THE PRIMARY MISSION OF CAPITAL TRAVEL SPORTS IS TO BRING PROFESSIONAL COACHING TO ALL COMMITTED PLAYERS; TO DEVELOP THEIR TECHNICAL CAPABILITY, THEIR UNDERSTANDING, THEIR LOVE OF THE GAME, AND THEIR SPORTSMANSHIP. TO UTILIZE OUR PROFESSIONAL EXPERTISE TO IDENTIFY AND SUPPORT EACH INDIVIDUAL PLAYERS UNIQUE TALENTS AND FUTURE. TO EXPAND THE GAME FROM OUR BASE INTO UNDER-SERVED COMMUNITIES, OPENING THE PERSONAL GROWTH OPPORTUNITIES TO ALL INTERESTED PLAYERS IN THE NATIONS CAPITAL. WE ARE A WASHINGTON DC-BASED 501(C)(3) NONPROFIT ORGANIZATION. WE PROVIDE COACHING AND SUPPORT FOR YOUTH SPORTS WITH A PARTICULAR FOCUS ON SOCCER. IN ADDITION TO SPONSORING LOCAL TEAMS THAT PLAY IN COMPETITIVE LEAGUES, CAPITAL TRAVEL SPORTS BUILDS COMMUNITY BY INTRODUCING LOCAL YOUTH TO SOCCER, INSTILLING A PASSION FOR THE GAME, AND SEEKING WAYS TO PROMOTE DIVERSITY. WE ACCOMPLISH OUR MISSION BY PROVIDING: 1. FINANCIAL AID FOR FAMILIES TO PARTICIPATE ON SPORT TEAMS; 2. SUPPORT OF SCHOOL PROGRAMS, RECREATION FACI
Describe the Organization's Program Activity:
Part 3 - Line 4a
CAPITAL TRAVEL SPORTS' ONLY SERVICE IS TO ADMINISTER YOUTH TRAVEL SOCCER. IN 2022-2023, CAPITAL TRAVEL SPORTS, D/B/A WASHINGTON CAPITAL UNITED, FIELDED 17 TEAMS IN 9 AGE GROUPS. APPROXIMATELY 249 BOYS AND GIRLS REGISTERED FOR CLUB TEAMS. PLAYERS RANGE IN AGE FROM 6 YEARS OLD TO 19 YEARS OLD. WE HAVE ORGANIZED "PRE-TRAVEL" INSTRUCTIONAL GROUPS AT THE YOUNGEST AGE, IN PREPARATION FOR PARTICIPATION AT THE OLDER AGES IN COMPETITIVE SOCCER. ALL PLAYERS WERE TRAINED AND COACHED BY US SOCCER FEDERATION LICENSED COACHES. ALL TEAMS TRAINED YEAR- ROUND, AND PARTICIPATED IN FALL AND SPRING LEAGUE SEASONS. FOR THE FIRST TIME, WE OFFERED IN-DOOR WINTER TRAINING IN FUTSAL. TEAMS ALSO COMPETED IN PRE- AND POST-SEASON COMPETITIVE TOURNAMENTS. THE GOAL OF OUR PROGRAMMES IS TO PRODUCE COMPETITIVE TEAMS IN ALL AGE GROUPS, VIA THE INDIVIDUALIZED DEVELOPMENT OF HIGH-QUALITY YOUTH PLAYERS, NOT ONLY IN TECHNICAL SKILL, BUT IN MENTAL STRENGTH AND SPORTSMANSHIP AS WELL. NOTE: COVID SIGNIFICANTLY IMPACTED OUR OPERATIONS FOR THE END OF THE 2020- 2021 AND 2021-2022 FISCAL YEARS. AT THE HEIGHT OF THE PANDEMIC CONTINUATION OF OPERATIONS REQUIRED AN SBA PPP LOAN, WHICH ALLOWED FOR STAFF RETENTION, BUT THE IMPACT TO SERVICES SAW A LOSS OF REVENUE THAT CONTINUED INTO THE 2022-2023 SOCCER AND FISCAL YEARS. THE ORGANIZATION AND YOUTH SPORTS ARE STILL RECOVERING AND WE ARE SEEING POSITIVE STRIDES IN THE COMING YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Natalia Ashley At Large | Trustee | $0 | |
Cara Hosler At-Large | Trustee | $0 | |
Ike Unegbu At-Large | Trustee | $0 | |
Tony Axam Jr President | Officer | $0 | |
Katherine Lavado-Arrignton Treasurer | Officer | $0 | |
Terry Manago Vice Preside | Officer | $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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $535,074 |
| 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 | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $542,152 |
| 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 | $410,858 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $31,431 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $34,865 |
| Total functional expenses | $590,150 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $52,306 |
| Savings and temporary cash investments | $100,000 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $152,306 |
| 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 | $152,306 |
| 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 | $152,306 |