Overview
What is Soaring Capital Soccer Club Inc?
Soaring Capital Soccer Club Inc is a nonprofit organization situated in Elmira, New York, specifically at PO Box 390. Their primary mission is to foster the growth and development of youth soccer in the surrounding Chemung and Steuben counties. They achieve this through various programs, including coaching, competitions, and travel opportunities, all tailored to their club members. The Club's purpose is to promote athletics and encourage a love for soccer among its young participants. With a small team of just two employees, Soaring Capital Soccer Club Inc is dedicated to making a positive impact on local youth in the realm of soccer.
Official website here: www.soaringcapsoccer.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% (Three-Star out of Four Star rating)
Soaring Capital Soccer Club Inc. has achieved a Three-Star rating with a score of 76%, primarily derived from its Accountability & Finance metrics. The charity demonstrates strong governance with a fully independent board of directors, contributing to its transparency and reliability. Additionally, the organization has reported no material diversion of assets, indicating sound financial management.
Strengths of the nonprofit include a high program expense ratio of 97.81%, which suggests that the majority of its funds are directed toward fulfilling its mission and programs. The organization also maintains effective documentation practices, as evidenced by having board meeting minutes available. However, it has been noted that the charity is missing key policies such as a conflict of interest policy, whistleblower policy, and document retention and destruction policy, which may impact its overall governance standards.
While Soaring Capital Soccer Club Inc. shows commendable financial practices and an independent governance structure, it is urged to implement necessary policies to enhance its accountability further. Overall, the organization appears committed to its mission but could benefit from improving its governance framework.
This AI summary has been generated from information found on Charity Navigator.
Is Soaring Capital Soccer Club Inc legitimate?
Soaring Capital Soccer Club Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Soaring Capital 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: $11,320
For more financial information, click here
Official website here: www.soaringcapsoccer.com
What is the mission statement of Soaring Capital Soccer Club Inc?
The Soaring Capital Soccer Club Inc, in its mission, focuses on fostering youth soccer and athletics in the regions of Chemung and Steuben counties. The club actively promotes the development of young soccer players through various coaching, competition, and travel programs. Its primary objective is to encourage the growth and skill enhancement of its members in the sport of soccer. By doing so, the club aims to contribute positively to the overall athletic development of the youth in these areas.
Official website here: www.soaringcapsoccer.com
Who is the CEO of Soaring Capital Soccer Club Inc?
Pete Kamas is the President of Soaring Capital Soccer Club Inc.
Official website here: www.soaringcapsoccer.com
What is the revenue of Soaring Capital Soccer Club Inc?
Soaring Capital Soccer Club Inc's revenue in 2022 was $139,075.
Official website here: www.soaringcapsoccer.com
Who are the executives of Soaring Capital Soccer Club Inc and what are their salaries?
The average compensation at Soaring Capital Soccer Club Inc during 2022 was $5,660. There are 2 employees at Soaring Capital Soccer Club Inc.
Here are 9 key members and their salaries:
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Official website here: www.soaringcapsoccer.com
Where can I find the form 990 for Soaring Capital Soccer Club Inc?
Soaring Capital Soccer Club Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.soaringcapsoccer.com
Learn more at the official website: www.soaringcapsoccer.com
Mission Statement of Soaring Capital Soccer Club Inc
Soaring Capital Soccer Club Inc, a nonprofit organization, is committed to advocating for youth soccer and athletics in the regions of Chemung and Steuben counties. Their mission, in essence, is to foster the growth and development of young soccer players through various coaching, competition, and travel programs. The club encourages its members to engage in these activities, aiming to nurture their athletic skills and passion for the sport.
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Impact
October, 2024
Soaring Capital Soccer Club Inc has a significant impact on youth soccer and athletics in the Chemung and Steuben county areas. By promoting and encouraging soccer development, the club creates opportunities for young athletes to engage in coaching, competition, and travel programs. This not only helps to enhance their skills on the field but also fosters teamwork, discipline, and a sense of community among participants. Through its activities, the club plays a vital role in nurturing a love for the sport, promoting physical fitness, and instilling valuable life skills in youth, thereby enriching the local culture of athletics in the region.
This information is meant to be a general summary of Soaring Capital 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $111,595
- Gross Receipts: $139,075
Assets and Liabilities:
- Total Assets: $150,334
- Total Liabilities: $0
- Net Assets: $150,334
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Registrations
Revenue
$107,095
Sponsorships
Revenue
$4,500
Organization Details
Founding Year
2005
Principal Officer
Pete Kamas
Main Address
PO Box 390, Elmira, NY, 14902
Website
www.soaringcapsoccer.comNTEE Category
Code: N64Z - Recreation
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