Bensalem Soccer Academy is located in Ambler, PA. 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. Bensalem Soccer Academy 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 12/2022, Bensalem Soccer Academy generated $158.7k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 28.9% each year . All expenses for the organization totaled $183.5k during the year ending 12/2022. While expenses have increased by 38.8% per year over the past 3 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
SOCCER DEVELOPMENT PROGRAM FOR KIDS 2-8 YRS OLD CONDUCTED AS A CHARITABLE EVENT AND AT A FINANCIAL LOSS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Louis Obando President | 16 | $0 | |
Brittany Ward Vice President | 6 | $0 | |
Kristin Smith Treasurer | 6 | $0 | |
Kevin Eckenrode Registrar | 4 | $0 | |
Joseph Hurst Secretary | 12 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $158,711 |
| Total Revenue | $158,711 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $17,250 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $1,325 |
| Other expenses | $164,952 |
| Total operating and administrative expenses | $183,527 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $183,527 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $13,130 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $13,130 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |