Overview
What is Dynamo Fc Soccer Teams Of Indianapolis Inc?
Dynamo Fc Soccer Teams of Indianapolis Inc is a nonprofit organization situated in Indianapolis, Indiana. Their primary focus is to nurture the potential of young soccer players, offering them high-caliber coaching services. The organization serves over 477 youth participants aged between 7 and 18. Their mission is to create an engaging environment that challenges these players, pushing them to excel physically, mentally, and emotionally. The nonprofit also invests in its coaches, providing opportunities for them to advance their skills further. With a team of three dedicated individuals, Dynamo Fc Soccer Teams of Indianapolis Inc is committed to fostering the growth and development of young soccer talents in the community.
Official website here: www.dynamofc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 54% (One-Star out of Four Stars)
Dynamo FC Soccer Teams of Indianapolis Inc has received a One-Star rating from Charity Navigator, indicating significant concerns in its accountability and financial practices. The organization scored 54% overall, primarily due to the lack of financial statements and policies related to conflict of interest and whistleblower protections. While the board consists entirely of independent members, which is a strength, the absence of essential documentation raises red flags about governance transparency.
The organization demonstrates a strong commitment to its programs, with a program expense ratio of 92.61%, meaning nearly all of its expenses are directed toward its mission. However, the liabilities to assets ratio of 79.08% suggests potential financial instability that could affect its long-term viability. This high ratio, combined with missing financial documentation, may cause concern among potential donors regarding the organization's financial health.
While Dynamo FC Soccer Teams has strengths in board independence and program spending, the lack of essential governance policies and financial transparency significantly impacts its rating. Prospective supporters should weigh these factors carefully when considering their contributions.
This AI summary has been generated from information found on Charity Navigator.
Is Dynamo Fc Soccer Teams Of Indianapolis Inc legitimate?
Dynamo Fc Soccer Teams Of Indianapolis Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Dynamo Fc Soccer Teams Of Indianapolis 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: $87,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $29,787
For more financial information, click here
Official website here: www.dynamofc.org
What is the mission statement of Dynamo Fc Soccer Teams Of Indianapolis Inc?
Dynamo Fc Soccer Teams of Indianapolis Inc is committed to creating an environment that pushes young soccer players to their full potential, both physically, mentally, and emotionally. This is achieved through the provision of highly qualified coaches who instruct and guide the players. The soccer club also provides funds for these coaches to further enhance their coaching skills. Their services cater to over 477 youth participants, aged between 7 and 18.
Official website here: www.dynamofc.org
Who is the CEO of Dynamo Fc Soccer Teams Of Indianapolis Inc?
Matt Carlstedt is the President of Dynamo Fc Soccer Teams Of Indianapolis Inc.
Official website here: www.dynamofc.org
What is the revenue of Dynamo Fc Soccer Teams Of Indianapolis Inc?
Dynamo Fc Soccer Teams Of Indianapolis Inc's revenue in 2022 was $793,773.
Official website here: www.dynamofc.org
Who are the executives of Dynamo Fc Soccer Teams Of Indianapolis Inc and what are their salaries?
The average compensation at Dynamo Fc Soccer Teams Of Indianapolis Inc during 2022 was $39,096. There are 3 employees and 50 volunteers at Dynamo Fc Soccer Teams Of Indianapolis Inc.
Here are 6 key members and their salaries:
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- Compensation: $87,500
- Related: $0
- Other: $0
Official website here: www.dynamofc.org
Where can I find the form 990 for Dynamo Fc Soccer Teams Of Indianapolis Inc?
Dynamo Fc Soccer Teams Of Indianapolis Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.dynamofc.org
Learn more at the official website: www.dynamofc.org
Mission Statement of Dynamo Fc Soccer Teams Of Indianapolis Inc
Dynamo Fc Soccer Teams Of Indianapolis Inc is committed to creating an environment that encourages personal growth in young soccer players. Their mission is to challenge these athletes both physically, mentally, and emotionally, with the ultimate goal of helping them reach their full potential. To achieve this, the soccer club employs highly skilled coaches to instruct the players and even provides funds for these coaches to enhance their coaching abilities further. Dynamo Fc Soccer Teams Of Indianapolis Inc serves over 477 youth participants aged 7 to 18, offering them a platform to develop their skills and build their confidence on the soccer field.
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Impact
October, 2024
Dynamo FC Soccer Teams Of Indianapolis Inc impacts the community by fostering the physical, mental, and emotional development of youth soccer players in Indianapolis. By creating a challenging and supportive environment, the organization helps players aged 7 to 18 reach their full potential both on and off the field.
With highly qualified coaches at the helm, Dynamo FC not only focuses on skill development but also emphasizes the importance of teamwork, discipline, and resilience. The club's commitment to coaching excellence ensures that trainers continue to enhance their own skills, which translates into better instruction for the youth participants. This holistic approach to youth soccer cultivates not only athletic talent but also life skills that benefit players in their personal growth.
Serving over 477 participants, Dynamo FC acts as a vital community resource, promoting healthy activity, social interaction, and a passion for the sport. By engaging youth in soccer, the organization helps build a strong sense of community and encourages lifelong fitness habits, ultimately contributing to the overall well-being of Indianapolis’s young residents.
This information is meant to be a general summary of Dynamo Fc Soccer Teams Of Indianapolis 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: $749,831
- Gross Receipts: $793,773
Assets and Liabilities:
- Total Assets: $108,192
- Total Liabilities: $159,900
- Net Assets: -$51,708
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PLAYER FEES
Revenue
$662,150
TOURNAMENT FEES
Revenue
$56,899
SUMMER SOCCER CAMP FEE
Revenue
$30,782
Organization Details
Founding Year
1982
Phone
(317) 502-8051Principal Officer
Matt Carlstedt
Main Address
PO BOX 80261, INDIANAPOLIS, IN, 46280
Website
www.dynamofc.orgNTEE Category
Code: N64Z - Recreation
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