Ascent Soccer Usa
- Assets
- $88.6k
- Revenue
- $247.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Washington, DC
- Founding
- 01/2018
- Data as of
- 12/2021
- EIN
- 82-3614231
Organization Overview
Ascent Soccer Usa is located in Washington, DC. The organization was established in 2018. According to its NTEE Classification (O12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ascent Soccer USA 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 12/2021, Ascent Soccer USA generated $247.7k in total revenue. The organization has seen a slow decline revenue. Over the past 3 years, revenues have fallen by an average of (0.6%) each year. All expenses for the organization totaled $376.1k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO CREATE PATHWAYS OUT OF POVERTY FOR YOUNG PEOPLE IN MALAWI AND UGANDA BY ORGANIZING AWARENESS AND FUNDRAISING EVENTS IN SUPPORT OF ASCENT SOCCER AND EDUCATION ACADEMY IN EAST AFRICA, AS WELL AS ITS ALUMNI STUDYING IN THE UNITED STATES AND CANADA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FUNDING FOR ASCENT SOCCER ACADEMY IN LILONGWE, MALAWI AND KAMPALA, UGANDA. FUNDING INCLUDES TRANSPORTATION, EDUCATION, SPORTS EQUIPMENT, FIELD DEVELOPMENT AND COACHING SALARIES.
SALARY PAYMENTS, FLIGHTS AND REIMBURSEMENTS FOR ASCENT SOCCER GLOBAL STAFF: GEORGE MAGUIRE, ADRIAN BRADBURY, ALEX CHILES, MARC SCHWENK, MATT HARRIS, LIAM WHITE
EXPENSES FOR ASCENT SOCCER ALUMNI STUDENTS ATTENDING SCHOOL IN THE US, INCLUDING TUITION, TRANSPORT, BOOKS AND CLUB SOCCER FEES
GLOBAL STAFF ADMIN COSTS, MARKETING, BANKING & ACCOUNTING FEES
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Adrian Bradbury Executive Director Of Development & Partnerships | OfficerTrustee | 50 | $55,440 |
George Maguire Executive Director Of Soccer & Programs | OfficerTrustee | 50 | $16,800 |
Matt Harris Head Of Education | Officer | 40 | $8,625 |
William White Operations & Fundraising Coordinator | Officer | 20 | $6,600 |
Marc Schwenk Senior Academy Coach | Officer | 40 | $6,000 |
Alex Chiles Academy Coach | Officer | 20 | $2,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $6,200 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $241,524 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $247,724 |
| Total Program Service Revenue | $0 |
| 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 | $247,724 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $15,557 |
| Grants and other assistance to Foreign Orgs/Individuals | $229,710 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $95,465 |
| 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 | $7,429 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $934 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,305 |
| Advertising and promotion | $4,368 |
| Office expenses | $0 |
| Information technology | $5,247 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $5,487 |
| 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 | $8,645 |
| Total functional expenses | $376,147 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $88,611 |
| 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 | $88,611 |
| 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 | $88,611 |
| 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 | $88,611 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Ascent Soccer Usa has recieved totaling $23,334.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $15,000 |
Goldman Sachs Charitable Gift Fund New York, NY PURPOSE: INTERNATIONAL HUMANITARIAN PROGRAMS | $8,334 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Chesapeake Bay Outward Bound School Inc Baltimore, MD | $15,791,418 | $4,070,576 |
Kutcher Foundation Inc Forest Hill, MD | $796,373 | $19,308 |
Congressional Sports For Charity Alexandria, VA | $777,505 | $905,404 |
Youth Life Foundation Of Richmond Richmond, VA | $331,898 | $775,489 |
M4k Lynchburg Inc Lynchburg, VA | $46,148 | $496,402 |
Ascent Soccer Usa Washington, DC | $88,611 | $247,724 |
Virginia Extreme Force Inc Chesapeake, VA | $3,310,153 | $689,057 |
Together We Own It Inc Westminster, MD | $26,545 | $273,285 |
Youth Quest Foundation Inc Fairfax, VA | $34,482 | $382,193 |
Head Starter Network Alexandria, VA | $0 | $11,199 |
Hour Generation Foundation College Park, MD | $155,276 | $271,504 |
Bloom Charity Nfp North Chesterfield, VA | $104,512 | $0 |