Overview
What is Gulf Coast United Futbol Club Inc?
Gulf Coast United Futbol Club Inc, located in Gulfport, Mississippi, is a nonprofit organization primarily focused on soccer. They offer training sessions, games, and participate in tournaments for approximately 525 children aged 10-18. Their activities serve as the primary source of funds, which they then utilize exclusively for related expenses. The organization's mission is to provide select soccer teams and games within their designated state area, fostering a sense of camaraderie and sportsmanship among the youth. With just two dedicated individuals, Gulf Coast United Futbol Club Inc plays an essential role in promoting physical activity and team spirit among young people in Mississippi.
Official website here: www.gulfcoastunited.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars (69%)
Gulf Coast United Futbol Club Inc has received a "Needs Improvement" rating from Charity Navigator, reflecting a score of 69%. While the organization demonstrates strong financial management, evidenced by a high program expense ratio of 99.72%, there are significant accountability concerns that have impacted its overall rating. The organization has a fully independent board, which is a positive indicator of governance.
However, the lack of essential policies such as a conflict of interest policy, whistleblower policy, and document retention and destruction policy has contributed to a lower accountability score. This absence of critical governance practices raises questions about the organization's operational transparency and risk management.
Despite these shortcomings, the club's financial stability is notable, with a low liabilities to assets ratio of 13.97%. For potential donors and supporters, it's important to weigh the strengths in program expense management against the governance issues highlighted in Charity Navigator's assessment.
This AI summary has been generated from information found on Charity Navigator.
Is Gulf Coast United Futbol Club Inc legitimate?
Gulf Coast United Futbol Club Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gulf Coast United Futbol Club Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $69,943
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.gulfcoastunited.com
What is the mission statement of Gulf Coast United Futbol Club Inc?
Gulf Coast United Futbol Club Inc's primary mission is to offer competitive soccer teams and games for young individuals aged 10 to 18. This mission is carried out within a designated area in their state. The club provides soccer training, organizes games, and hosts tournaments, serving approximately 525 children from South Mississippi. All the funds required for these activities are generated through these activities themselves, and all expenditures are directly related to these activities.
Official website here: www.gulfcoastunited.com
Who is the CEO of Gulf Coast United Futbol Club Inc?
David M Harvey is the Director Of of Gulf Coast United Futbol Club Inc.
Official website here: www.gulfcoastunited.com
What is the revenue of Gulf Coast United Futbol Club Inc?
Gulf Coast United Futbol Club Inc's revenue in 2022 was $529,699.
Official website here: www.gulfcoastunited.com
Who are the executives of Gulf Coast United Futbol Club Inc and what are their salaries?
The average compensation at Gulf Coast United Futbol Club Inc during 2022 was $34,972. There are 2 employees and 100 volunteers at Gulf Coast United Futbol Club Inc.
Here are 4 key members and their salaries:
- Compensation: $54,343
- Related: $0
- Other: $0
- Compensation: $15,600
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.gulfcoastunited.com
Where can I find the form 990 for Gulf Coast United Futbol Club Inc?
Gulf Coast United Futbol Club Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.gulfcoastunited.com
Learn more at the official website: www.gulfcoastunited.com
Mission Statement of Gulf Coast United Futbol Club Inc
Gulf Coast United Futbol Club Inc, as a nonprofit organization, is dedicated to providing select soccer teams and games for boys and girls aged 10 to 18 within its designated area. This mission is centered around fostering a love for soccer and offering competitive opportunities for young individuals who share this passion. The club organizes training sessions, games, and tournaments, providing a platform for these young athletes to hone their skills and test their abilities against peers.
All operations, including funding and expenditures, are directly tied to these soccer-related activities. Gulf Coast United Futbol Club Inc relies solely on revenue generated from these activities, ensuring that every penny is invested back into the growth and development of its soccer programs. This self-sustaining model allows the club to provide a safe, enjoyable, and enriching soccer experience for approximately 525 young participants, fostering a sense of community and camaraderie among them.
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Impact
July, 2024
Gulf Coast United Futbol Club Inc's impact lies in providing select soccer teams and games for boys and girls ages 10-18 in their state-designated area. The club offered soccer training, organized games, and tournaments for approximately 525 youth in South Mississippi. By engaging these young players in team sports and fostering their athletic skills, Gulf Coast United Futbol Club Inc contributes to their physical well-being, social development, and overall enjoyment of recreational activities.
This information is meant to be a general summary of Gulf Coast United Futbol Club Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $108
- Program Service Revenue: $512,460
- Gross Receipts: $529,699
Assets and Liabilities:
- Total Assets: $540,999
- Total Liabilities: $94,945
- Net Assets: $446,054
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FEES- REGIST/UNIFORM/TRAINING
Revenue
$399,343
TOURNAMENTS & GAMES
Revenue
$113,117
Organization Details
Founding Year
2003
Phone
(228) 863-6559Principal Officer
David M Harvey
Main Address
P O BOX 391, GULFPORT, MS, 39502
Website
www.gulfcoastunited.comNTEE Category
Code: N64 - Recreation
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