Berks Soccer Academy Inc is located in Leesport, PA. The organization was established in 2004. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. As of 06/2022, Berks Soccer Academy Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Berks Soccer Academy 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 06/2022, Berks Soccer Academy Inc generated $762.9k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $671.1k during the year ending 06/2022. While expenses have increased by 1.2% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE BERKS SOCCER ACADEMY'S MISSION IS TO DEVELOP AND SUSTAIN A TRADITION OF SOCCER EXCELLENCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RECREATION, SPORTS, LEISURE, ATHLETICS: BERKS SOCCER ACADEMY, INC. PROMOTES SOCCER IN THE MID-ATLANTIC REGION, INCLUDING CLUB & PREMIER GAMES AND TOURNAMENTS, SOCCER FOR WOMEN AND MEN, INDOOR & YOUTH SOCCER. BSA ALSO PROVIDES FOR THE CONTINUING DEVELOPMENT OF ITS SOCCER PLAYERS, COACHES, REFEREES AND ADMINISTRATORS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steve Bell Chairperson | OfficerTrustee | 2 | $0 |
David Goad Secretary | OfficerTrustee | 2 | $0 |
Charles Fabian Treasurer | OfficerTrustee | 2 | $0 |
John Digiamberardino Director | Trustee | 2 | $0 |
Sean Murphy Executive Director | Officer | 40 | $90,797 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $36,863 |
| Investment income | $89 |
| 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 | $4,100 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $762,947 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $5,750 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $100,683 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $72,074 |
| Pension plan accruals and contributions | $3,580 |
| Other employee benefits | $1,508 |
| Payroll taxes | $13,079 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $14,564 |
| Fees for services: Accounting | $5,444 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $107,086 |
| Advertising and promotion | $0 |
| Office expenses | $8,708 |
| Information technology | $794 |
| Royalties | $0 |
| Occupancy | $44,546 |
| Travel | $3,437 |
| 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 | $821 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $671,051 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $419,685 |
| 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 | $458,249 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $882,855 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $164,323 |
| 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 | $164,323 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $718,532 |