Mercer Island Youth Soccer Club
- Assets
- $343.2k
- Revenue
- $772.8k
- Investments
- $0.0
- Employees
- 33
- Location
- Mercer Island, WA
- Founding
- 07/1992
- Data as of
- 03/2022
- EIN
- 91-1289005
Organization Overview
Mercer Island Youth Soccer Club, operating under the name Mercer Island FC, is located in Mercer Island, WA. The organization was established in 1992. According to its NTEE Classification (N64) the organization is classified as: Soccer, under the broad grouping of Recreation & Sports and related organizations. As of 03/2022, Mercer Island FC employed 33 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mercer Island FC 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 03/2022, Mercer Island FC generated $772.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.1% each year . All expenses for the organization totaled $779.7k during the year ending 03/2022. While expenses have increased by 10.3% per year over the past 7 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
SUPPORT YOUTH SOCCER AND DEVELOPMENT TO PROVIDE AN ENVIRONMENT FOR YOUTH TO LEARN DISCIPLINE, LEADERSHIP TEAMWORK AND SPORTSMANSHIP.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOR ABOUT 307 YOUTH PLAYERS WHO DESIRE AND QUALIFY TO PLAY AT A MORE COMPETITIVE LEVEL OF SOCCER FOR A LONGER PERIOD OF THE YEAR, THE CLUB COORDINATED AND ADMINISTERED SELECT PROGRAMS TO YOUTH MOSTLY RESIDING ON MERCER ISLAND. AS PART OF THE PROGRAMS, YOUTH ARE TAUGHT TEAMWORK, DISCIPLINE & PERSEVERENCE. THE VOLUNTEER HOURS TO HANDLE THE PROGRAMS ARE APPROXIMATELY 1500 HOURS.
FOR ABOUT 174 YOUNG YOUTH PLAYERS WHO ARE JUST BEGINNING TO DEVELOP A DETERMINATION OF WHAT SPORTS INTEREST THEM,THE CLUB COORDINATED AND ADMINISTERED MICRO PROGRAMS TO YOUTH MOSTLY RESIDING ON MERCER ISLAND. AS PART OF THE PROGRAM, YOUTH WERE TAUGHT TEAMWORK, DISCIPLINE AND PERSEVERENCE. THE VOLUNTEER HOURS TO HANDLE THE PROGRAMS APPROXIMATES 750 HOURS.
FOR ABOUT 91 YOUTH PLAYERS WHO WANTED TO FURTHER DEVELOP THEIR SKILL AND UNDERSTANDING OF THE GAME, THE CLUB COORDINATED AND ADMINISTERED PROGRAMS IN THE FALL AND DURING THE WINTER, BOTH FOR SKILL DEVELOPMENT AND TO MAINTAIN THEIR SKILLS IN DECEMBER WHEN MOST TEAMS TAKE A MONTH LONG BREAK. THE HOURS INVOLVED TO HANDLE THE PROGRAM IS INCLUDED WITH THE RECREATIONAL PROGRAMS BELOW.
RECREATIONAL AND MISCELLANEOUS PROGRAMS FOR ABOUT 100 YOUTH PLAYERS THE CLUB COORDINATED AND ADMINISTERED PROGRAMS. THE PROGRAMS TEACH THE PLAYERS TEAMWORK, DISCIPLINE, HOW TO GET ALONG WITH OTHERS, SPORTMANSHIP AND PERSEVERENCE. THE VOLUNTEER HOURS TO HANDLE THE PROGRAMS APPROXIMATES 3000 HOURS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tej Sood Vp-Select Soccer | Officer | 4 | $0 |
Ketu Shah Vp-Competition | Officer | 4 | $0 |
Carlos Malaguzzi VP Communications | Officer | 4 | $0 |
Scott Barbara Past President | Officer | 4 | $0 |
Vp-Juniors Justin Bell | Officer | 4 | $0 |
Colin Rigby VP Of Player & Coach Dvlpt | Officer | 4 | $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 | $12,505 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,505 |
| Total Program Service Revenue | $760,277 |
| 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 | $772,782 |
| 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 | $438,711 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $48,347 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,125 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $510 |
| Office expenses | $10,502 |
| 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 | $6,903 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $42 |
| Insurance | $1,502 |
| All other expenses | $33,654 |
| Total functional expenses | $779,673 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $335,825 |
| 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 | $3,693 |
| Net Land, buildings, and equipment | $3,635 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $343,153 |
| Accounts payable and accrued expenses | $39,510 |
| 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 | $39,510 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $303,643 |
| Total liabilities and net assets/fund balances | $343,153 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Mercer Island Youth Soccer Club has recieved totaling $5.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
New Avenues For Youth Inc Portland, OR | $21,649,284 | $12,304,238 |
Lake Washington Youth Soccer Association Redmond, WA | $5,169,989 | $4,179,699 |
Pacific Northwest Soccer Club Tukwila, WA | $2,202,415 | $4,068,146 |
Issaquah Soccer Club Issaquah, WA | $882,764 | $2,870,799 |
Washington Premier Football Club Tacoma, WA | $3,927,147 | $2,870,120 |
Washington Timbers Football Club Vancouver, WA | $2,815,479 | $3,032,791 |
Pacific Premier Fc Everett, WA | $790,525 | $2,200,478 |
Westside Metros Soccer Club Beaverton, OR | $1,319,652 | $2,139,710 |
Greater Seattle Surf Soccer Club Woodinville, WA | $965,509 | $2,433,611 |
Washington State Youth Soccer Association Tukwila, WA | $1,242,742 | $1,954,253 |
Northshore Youth Soccer Association Woodinville, WA | $1,945,207 | $1,980,763 |
Deschutes Academy And Futbol Club Bend, OR | $1,872,316 | $1,613,240 |