Overview
What is Valeo Futbol Club Inc?
Valeo Futbol Club Inc, situated in Newton Center, Massachusetts, is a nonprofit organization dedicated to fostering the development of competitive soccer players who excel on both a national and global level. With a team of 80 employees, they oversee various camps and clinics to fine-tune the skills required for their players. Their mission is centered around sports education and training, aiming to prepare young athletes for high-level competitions on both a domestic and international scale.
Official website here: www.valeofc.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Valeo Futbol Club Inc has received a two-star rating from Charity Navigator, indicating a need for improvement in several key areas. While the organization maintains a solid program expense ratio of 82.97%, indicating that most of its funds are directed towards its programs, it lacks independent board members, which raises concerns about governance and oversight. Financial transparency is further questioned as the organization relies on a review or compilation for its financial statements.
Strengths of Valeo Futbol Club include a material diversion of assets rated perfectly at 20 out of 20 points, showcasing a commitment to ethical handling of resources. Additionally, the organization has a conflict of interest policy and has listed its website on the tax form, demonstrating some level of accountability. However, the absence of a whistleblower policy and a lack of documented board meeting minutes highlight significant gaps in governance practices.
Overall, while Valeo Futbol Club is effectively utilizing its funds for its programs, the lack of independent oversight and certain governance policies could limit its long-term effectiveness and transparency. Addressing these weaknesses may help improve its rating and enhance trust among donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Valeo Futbol Club Inc legitimate?
Valeo Futbol Club Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Valeo 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: $116,319
Professional Fundraising Fees: $0
Other Salaries and Wages: $580,351
For more financial information, click here
Official website here: www.valeofc.com
What is the mission statement of Valeo Futbol Club Inc?
Valeo Futbol Club Inc is a sports education and training organization with a mission to develop competitive soccer players who can compete nationally and globally. This is achieved through conducting various camps and clinics aimed at honing the skills necessary for success on a grand stage. The club's focus is on nurturing talent and preparing individuals for high-level soccer competitions, both domestically and internationally.
Official website here: www.valeofc.com
Who is the CEO of Valeo Futbol Club Inc?
Emelio Williams is the Director of Valeo Futbol Club Inc.
Official website here: www.valeofc.com
What is the revenue of Valeo Futbol Club Inc?
Valeo Futbol Club Inc's revenue in 2022 was $2,463,532.
Official website here: www.valeofc.com
Who are the executives of Valeo Futbol Club Inc and what are their salaries?
The average compensation at Valeo Futbol Club Inc during 2022 was $8,708. There are 80 employees at Valeo Futbol Club Inc.
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.valeofc.com
Where can I find the form 990 for Valeo Futbol Club Inc?
Valeo Futbol Club Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.valeofc.com
Learn more at the official website: www.valeofc.com
Mission Statement of Valeo Futbol Club Inc
Valeo Futbol Club Inc, a sports education and training organization, is dedicated to nurturing competitive soccer players who excel on both a national and international level. Their mission is to organize and conduct various camps and clinics, meticulously honing the skills necessary for these players to thrive in high-level competitions. By offering these educational opportunities, Valeo Futbol Club Inc empowers its athletes to reach their full potential in the sport of soccer.
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Impact
October, 2024
Valeo Futbol Club Inc plays a significant role in shaping the future of youth soccer by focusing on sports education and training for aspiring competitive players. Based in Newton Center, MA, the organization provides various camps and clinics that are designed to fine-tune the skills necessary for athletes to compete at both national and global levels.
By emphasizing player development, Valeo Futbol Club Inc not only enhances the technical abilities of its participants but also fosters a sense of teamwork, discipline, and resilience. These qualities are essential for personal growth and success in competitive sports. The club’s mission to develop elite players creates a pathway for young athletes to pursue opportunities that extend beyond local competitions, allowing them to compete on larger stages.
Additionally, the impact of Valeo extends to the community, as engaging in sports programs helps to promote healthy lifestyles and encourage social interaction among youth. Through its commitment to excellence in sports education, Valeo Futbol Club Inc contributes positively to the development of young individuals, equipping them with skills that are beneficial both on and off the field.
This information is meant to be a general summary of Valeo 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.
- Program Service Revenue: $453,764
- Gross Receipts: $2,463,532
Assets and Liabilities:
- Total Assets: $1,409,290
- Total Liabilities: $337,629
- Net Assets: $1,071,661
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Tournament League Fe
Revenue
$767
Organization Details
Founding Year
2008
Phone
(617) 964-0140Principal Officer
Emelio Williams
Main Address
125 WELLS AVENUE, NEWTON CENTER, MA, 02459
Website
www.valeofc.comNTEE Category
Code: O20 - Youth development
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