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Pleasure Island Soccer Association Inc

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

EIN: 300452683 ✦ Carolina beach, NC ✦ Designated as a 501(c)(3)

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Overview

What is Pleasure Island Soccer Association Inc?

Pleasure Island Soccer Association Inc, located in Carolina Beach, North Carolina, is a nonprofit organization that is deeply committed to fostering soccer education. They have an active role in organizing various soccer teams and leagues, and they provide comprehensive training in the sport. With a modest workforce of four individuals, this association aims to promote soccer and enhance the skills of soccer enthusiasts within their community.


Official website here: www.pleasureislandsoccer.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: One-Star out of Four Stars (58%)

Pleasure Island Soccer Association Inc has received a low rating of 58%, indicating significant concerns regarding its financial accountability and transparency. While the organization boasts a fully independent board, which is a positive aspect, it struggles with several critical governance policies, resulting in a lack of important financial documentation. This absence of financial statements severely impacts its overall score, reflecting potential operational weaknesses.

The organization does demonstrate strengths in its program expense ratio, with 87.92% of its expenses directed towards its programs, suggesting a focus on fulfilling its mission. Additionally, the board maintains meeting minutes and provides the necessary tax forms on its website, which is a positive sign of operational adherence to some transparency standards. However, the nonprofit is missing essential policies like a conflict of interest, whistleblower, and document retention and destruction policies.

Overall, while Pleasure Island Soccer Association Inc has some positive operational elements, the missing financial transparency and governance policies significantly undermine its rating. Stakeholders may want to consider these factors when evaluating the organization’s effectiveness and integrity.


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

Is Pleasure Island Soccer Association Inc legitimate?

Pleasure Island Soccer Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pleasure Island Soccer Association 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: $75,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $65,269

For more financial information, click here


Official website here: www.pleasureislandsoccer.com

What is the mission statement of Pleasure Island Soccer Association Inc?

The Pleasure Island Soccer Association Inc's mission is centered around promoting soccer education, organizing soccer teams, and providing training in the sport of soccer. They actively work towards expanding the knowledge of soccer and facilitate the formation of various teams and leagues. Furthermore, the organization dedicates itself to offering coaching and instruction in soccer, aiming to foster a love for the sport and develop skills among its participants.


Official website here: www.pleasureislandsoccer.com

Who is the CEO of Pleasure Island Soccer Association Inc?

Mike Bennett is the President of Pleasure Island Soccer Association Inc.


Official website here: www.pleasureislandsoccer.com

What is the revenue of Pleasure Island Soccer Association Inc?

Pleasure Island Soccer Association Inc's revenue in 2022 was $566,780.


Official website here: www.pleasureislandsoccer.com

Who are the executives of Pleasure Island Soccer Association Inc and what are their salaries?

The average compensation at Pleasure Island Soccer Association Inc during 2022 was $35,067. There are 4 employees and 30 volunteers at Pleasure Island Soccer Association Inc.


Here are 4 key members and their salaries:


Mike Bennett (President)
  • Compensation: $75,000
  • Related: $0
  • Other: $0
Ross Moore (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Famiglietti (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Jones (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.pleasureislandsoccer.com

Where can I find the form 990 for Pleasure Island Soccer Association Inc?

Pleasure Island Soccer Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.pleasureislandsoccer.com

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

Mission Statement of Pleasure Island Soccer Association Inc

Pleasure Island Soccer Association Inc is dedicated to promoting soccer education, organizing soccer teams, and providing training in the sport of soccer. Their mission is multifaceted, encompassing various aspects of soccer development. By promoting soccer education, they aim to foster a love for the game and encourage its growth among individuals. Organizing soccer teams and leagues allows them to provide a structured platform for people to practice and compete in the sport. Furthermore, providing training in soccer is crucial for nurturing skills and talent, ensuring that players have the necessary tools to excel in the sport. In essence, Pleasure Island Soccer Association Inc is committed to fostering a vibrant soccer community, where individuals can learn, grow, and enjoy the game.

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Impact




July, 2024

Pleasure Island Soccer Association Inc has had a significant impact in promoting soccer education, organizing soccer teams, and providing training in the sport of soccer in Carolina Beach, NC. Through their efforts, they have facilitated the growth of soccer in the community, offering opportunities for individuals to engage in the sport, develop their skills, and foster a love for soccer. Their dedication to promoting soccer education and organizing various teams and leagues has contributed to the overall recreational landscape of the area, providing a platform for both youth and adults to participate in the sport they are passionate about.




This information is meant to be a general summary of Pleasure Island Soccer Association 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
$566,780 (2022)
Expenses
$612,923 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $555,239
  • Gross Receipts: $566,780

Assets and Liabilities:

  • Total Assets: $98,902
  • Total Liabilities: $152,812
  • Net Assets: -$53,910

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Programs

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

SOCCER REGISTRATION

Revenue

$555,239

Organization Details

Founding Year

2008

Principal Officer

Mike Bennett

Main Address

PO BOX 1868, CAROLINA BEACH, NC, 28428

NTEE Category

Code: N64 - Recreation

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