Oakwood Soccer Club Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 223029731 ✦ Glastonbury, CT ✦ Designated as a 501(c)(3)

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Overview

What is Oakwood Soccer Club Inc?

Oakwood Soccer Club Inc is a nonprofit organization situated in Glastonbury, Connecticut, primarily dedicated to delivering soccer educational instruction to children. With over 300 young individuals benefiting from their programs, the club plays a significant role in nurturing and fostering the love for soccer among the local community. The organization's mission revolves around providing engaging soccer-related learning experiences, thereby contributing to the overall development of the children involved.


Official website here: www.oakwoodsoccer.com

What are the reviews and ratings of this charity?

Charity Navigator rating: One-Star out of Four Stars (54%)

Oakwood Soccer Club Inc has received a One-Star rating from Charity Navigator, indicating significant areas of concern regarding its accountability and finance practices. The organization has a low overall score of 54%, with particular issues noted in its board independence and policy documentation. The lack of independent board members and the absence of key policies such as conflict of interest and whistleblower protections raise questions about governance and oversight.

On a positive note, Oakwood Soccer Club exhibits a strong program expense ratio of 78.63%, suggesting that a substantial portion of its funding is directed towards its programs rather than administrative costs. Additionally, the organization maintains a solid liabilities to assets ratio of 47.54%, indicating a manageable level of debt relative to its assets.

However, the absence of financial statements and required documents on its website limits transparency. The organization is encouraged to improve its governance practices and enhance accountability to build trust with stakeholders and the community it serves.


This AI summary has been generated from information found on Charity Navigator.

What do the Facebook reviews say about Oakwood Soccer Club Inc?

92% of 55 reviewers on Facebook recommend Oakwood Soccer Club Inc. Here is a summary of their reviews:

Many parents express their strong support for the club, highlighting the exceptional coaching staff and a family-like atmosphere. Reviewers appreciate the personal attention given to each player, emphasizing that the focus is on individual development rather than overwhelming teams with a large number of players. This dedication fosters an environment where children can thrive and enjoy soccer.

Overall, the sentiment reflects a community that values the growth and well-being of its players. Many recommend Oakwood Soccer Club Inc. as a standout choice for youth soccer, indicating that it meets and often exceeds their expectations.


This AI summary has been generated from reviews found on Facebook.

Is Oakwood Soccer Club Inc legitimate?

Oakwood Soccer Club Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Oakwood Soccer 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $219,204

For more financial information, click here


Official website here: www.oakwoodsoccer.com

What is the mission statement of Oakwood Soccer Club Inc?

The mission of Oakwood Soccer Club Inc, as a soccer educational institution, is centered around providing instructional programs for children. This organization, situated beyond the specifics of location, is dedicated to the development of young soccer enthusiasts, having previously offered educational instruction to over 300 children. Their primary objective is to foster a deep understanding and proficiency in the sport of soccer among its participants.


Official website here: www.oakwoodsoccer.com

Who is the CEO of Oakwood Soccer Club Inc?

Richard Derella is the V Pres of Oakwood Soccer Club Inc.


Official website here: www.oakwoodsoccer.com

What is the revenue of Oakwood Soccer Club Inc?

Oakwood Soccer Club Inc's revenue in 2022 was $1,557,479.


Official website here: www.oakwoodsoccer.com

Who are the executives of Oakwood Soccer Club Inc and what are their salaries?


Here are 2 key members and their salaries:


David Farrell (V Pres)
  • Compensation: $0
  • Related: $133,050
  • Other: $0
Richard Derella (Pres)
  • Compensation: $0
  • Related: $132,400
  • Other: $0


Official website here: www.oakwoodsoccer.com

Where can I find the form 990 for Oakwood Soccer Club Inc?

Oakwood Soccer Club Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.oakwoodsoccer.com

Learn more at the official website: www.oakwoodsoccer.com

Mission Statement of Oakwood Soccer Club Inc

Oakwood Soccer Club, a nonprofit organization, is dedicated to providing soccer educational instruction to children. Its mission is centered around offering various programs that cater to over 300 children, aiming to foster their soccer skills and knowledge. This soccer club is not specified in terms of its location, but its focus on nurturing young talents in soccer is evident through its educational offerings.

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Impact




October, 2024

Oakwood Soccer Club Inc plays a vital role in enhancing the community of Glastonbury, CT, through its focus on soccer educational instruction for children. By providing structured soccer programs, the club has impacted over 300 young participants, fostering not only athletic skills but also promoting teamwork, discipline, and a love for the sport.

The club's initiatives encourage physical activity and healthy competition, contributing to the overall well-being of children in the region. Through its programs, Oakwood Soccer Club instills valuable life lessons, helping to develop confident, socially responsible individuals who are engaged in their community. The positive environment cultivated by the club supports inclusivity, allowing children of various skill levels to learn, grow, and form lasting friendships. Overall, Oakwood Soccer Club is a cornerstone of youth recreation in Glastonbury, enriching the lives of its participants and the broader community.




This information is meant to be a general summary of Oakwood Soccer 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.

Revenue
$1,557,479 (2022)
Expenses
$1,494,967 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $33
  • Program Service Revenue: $1,520,246
  • Gross Receipts: $1,557,479

Assets and Liabilities:

  • Total Assets: $1,547,867
  • Total Liabilities: $842,419
  • Net Assets: $705,448

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

DUES

Revenue

$1,520,246

Organization Details

Principal Officer

Richard Derella

Main Address

40 OAKWOOD DRIVE, GLASTONBURY, CT, 06033

NTEE Category

Code: N64 - Recreation

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