Minneapolis City Sc
- Assets
- -$14.6k
- Revenue
- $224.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Minneapolis, MN
- Founding
- 04/2016
- Data as of
- 12/2023
- EIN
- 81-1123049
Organization Overview
Minneapolis City Sc is located in Minneapolis, MN. The organization was established in 2016. According to its NTEE Classification (N64) the organization is classified as: Soccer, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Minneapolis City SC 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 12/2023, Minneapolis City SC generated $224.4k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 18.6% each year . All expenses for the organization totaled $209.6k during the year ending 12/2023. While expenses have increased by 17.2% per year over the past 5 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
WE HELP LOCAL YOUTHS IMPROVE THEIR LIVES AND THEIR COMMUNITIES THROUGH SOCCER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MINNEAPOLIS CITY SOCCER CLUB OFFERS A RANGE OF SOCCER TEAMS, SPECIFICALLY DESIGNED FOR MINNESOTA PLAYERS, OFFERING THE OPPORTUNITY TO PLAY AT A HIGH LEVEL, AND IMPROVE FOR COLLEGIATE OPPORTUNITIES AND BEYOND. SOME PLAYERS AFFILIATED WITH THE CLUB RECEIVE FEE EXEMPTIONS BASED ON NEED TO CONTINUE THEIR TRAINING TO EARN OR KEEP COLLEGE PLAYING OPPORTUNITES AND/OR SCHOLARSHIP MONEY WHILE MAINTAINING AMATEUR STATUS WITHIN THE RULES OF THE NCAA. ALL PLAYERS ARE ASKED TO PERFORM COMMUNITY SERVICE AS PART OF THEIR TENURE WITH MINNEAPOLIS CITY. USUALLY THIS CONSISTS OF PROVIDING CLINICS AND TRAINING TO LOCAL YOUTH SOCCER PLAYERS; INVOLVING NEIGHBORHOOD YOUTH IN PLAYING, MENTORSHIP, AND INVITATIONS TO GAMES; ADMINISTERING FREE FUTSAL LEAGUES FOR NEIGHBORHOOD CHILDREN; AND PUTTING ON AND STAFFING YOUTH SOCCER CAMPS. HOWEVER, COMMUNITY SERVICE HAS ALSO INCLUDED THINGS AS DISPARATE AS FOOD BANK COLLECTION AND DISASTER RELIEF.
THE TEAM PROVIDES SCHOLARSHIPS AND STIPENDS, ALONG WITH TRAVEL AND MEALS TO PLAYERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Adam Pribyl Sporting Director | OfficerTrustee | 15 | $2,313 |
Dan Hoedeman Chairman | OfficerTrustee | 15 | $0 |
John Hoedeman General Counsel | OfficerTrustee | 3 | $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 | $66,137 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $66,137 |
| Total Program Service Revenue | $132,298 |
| 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 | $25,985 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $224,420 |
| 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. | $2,313 |
| 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 | $59,519 |
| 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 | $11,328 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $90,129 |
| Travel | $46,280 |
| 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 | $0 |
| Total functional expenses | $209,569 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | -$14,586 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | -$14,586 |
| 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 | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | -$14,586 |
| 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 | -$14,586 |