Overview
What is Kansas City Soccer Foundation?
The Kansas City Soccer Foundation is a nonprofit organization that leverages the power of Sporting KC to offer support, education, and soccer event participation to disadvantaged youth and cancer patients. Their mission, known as the Victory Project, aims to uplift these groups by providing them with resources and opportunities within the realm of soccer.
Official website here: www.victorykc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 59%, One-Star out of Four Stars
The Kansas City Soccer Foundation has received a One-Star rating from Charity Navigator, indicating significant areas for improvement, particularly in accountability and financial practices. While the foundation boasts 100% independent board members and a reasonable program expense ratio of 69.73%, it falls short in other critical aspects, such as financial statement transparency and missing policies for whistleblowing and document retention.
Strengths of the organization include a fully independent board and the absence of material diversion of assets, which reflects a dedication to governance. However, the lack of financial statements and transparency in published documents limits potential donors' ability to assess the nonprofit’s financial health and operational effectiveness. The organization has been successful in demonstrating its commitment through board meeting minutes but must address the substantial gaps in financial disclosures.
In summary, while the Kansas City Soccer Foundation exhibits some positive governance characteristics, its overall financial accountability remains a concern, impacting its rating. To enhance its standing and donor confidence, the foundation should prioritize implementing missing policies and improving transparency in its financial reporting.
This AI summary has been generated from information found on Charity Navigator.
Is Kansas City Soccer Foundation legitimate?
Kansas City Soccer Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kansas City Soccer Foundation 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: $71,243
Professional Fundraising Fees: $0
Other Salaries and Wages: $84,420
For more financial information, click here
Official website here: www.victorykc.org
What is the mission statement of Kansas City Soccer Foundation?
The Kansas City Soccer Foundation, through its initiative called The Victory Project, aims to extend support, education, and soccer event participation opportunities to disadvantaged youth and individuals battling cancer. The organization collaborates with Sporting KC to achieve this mission, using soccer as a platform to uplift these groups. The project's objectives include providing a source of enjoyment and camaraderie through soccer events, as well as offering educational resources to enhance their overall experiences.
Official website here: www.victorykc.org
Who is the CEO of Kansas City Soccer Foundation?
Jake Reid is the Director/President of Kansas City Soccer Foundation.
Official website here: www.victorykc.org
What is the revenue of Kansas City Soccer Foundation?
Kansas City Soccer Foundation's revenue in 2022 was $647,690.
Official website here: www.victorykc.org
Who are the executives of Kansas City Soccer Foundation and what are their salaries?
The average compensation at Kansas City Soccer Foundation during 2022 was $77,832. There are 2 employees and 150 volunteers at Kansas City Soccer Foundation.
Here are 5 key members and their salaries:
- Compensation: $69,391
- Related: $0
- Other: $1,852
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.victorykc.org
Where can I find the form 990 for Kansas City Soccer Foundation?
Kansas City Soccer Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.victorykc.org
Learn more at the official website: www.victorykc.org
Mission Statement of Kansas City Soccer Foundation
Kansas City Soccer Foundation, through its initiative known as The Victory Project, aims to bring together Sporting KC to offer support, education, and opportunities for participation in soccer events to disadvantaged youth and cancer patients. This nonprofit organization strives to uplift these individuals by integrating them into the world of soccer, providing them with a sense of community and camaraderie. The Victory Project serves as a platform for these individuals to engage in soccer-related activities, thereby promoting their physical and emotional well-being.
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Impact
July, 2024
The Kansas City Soccer Foundation, through The Victory Project, is making a significant impact by providing support, education, and participation in soccer events to disadvantaged youth and cancer patients in Kansas City. By leveraging the power of soccer, this foundation is helping to improve the lives of individuals facing challenges, giving them opportunities to engage in positive activities, fostering community connections, and promoting physical and mental well-being. Their work not only enriches the lives of those they serve but also contributes to the overall health and vibrancy of the community.
This information is meant to be a general summary of Kansas City Soccer Foundation. 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.
- Gross Receipts: $807,645
Assets and Liabilities:
- Total Assets: $715,548
- Total Liabilities: $494,911
- Net Assets: $220,637
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Organization Details
Founding Year
2006
Phone
(816) 421-5490Principal Officer
Jake Reid
Main Address
2020 BALTIMORE AVE SUITE 400, KANSAS CITY, MO, 64108
Website
www.victorykc.orgNTEE Category
Code: N64 - Recreation
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