Overview
What is Rio Soccer Club?
The Rio Soccer Club, situated in Albuquerque, New Mexico, is a nonprofit organization dedicated to offering soccer training and developmental opportunities to approximately 1,200 young individuals within the state. Their focus is primarily on small-sided soccer, providing an engaging and skill-building experience for the youth. With a modest workforce of 10 employees, the Rio Soccer Club plays a significant role in fostering a passion for soccer and promoting personal growth among New Mexico's youth.
Official website here: www.riorapids.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, Two-Star out of Four Star rating.
Rio Soccer Club has received a Two-Star rating from Charity Navigator, indicating that while the organization demonstrates some strengths in accountability and finance, there are areas that require improvement. The overall rating is primarily based on a single beacon score, with the accountability and finance score standing at 73%. The organization has successfully established an independent board, scoring full points in this area, which reflects a commitment to governance.
One of the notable strengths of Rio Soccer Club is its high program expense ratio, at nearly 90%, which suggests that the majority of its funds are directed towards its mission-related activities. Furthermore, the club has no reported material diversion of assets, indicating sound financial stewardship. However, the organization lacks critical policies, such as a conflict of interest policy and a whistleblower policy, which negatively impact its accountability score.
While the club has strong financial oversight, as evidenced by its audit and oversight committee, the missing policies could pose risks to its operational integrity. The organization will benefit from addressing these gaps to enhance its transparency and governance practices, which could improve its overall rating in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Rio Soccer Club legitimate?
Rio Soccer Club is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rio Soccer Club 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: $294,414
For more financial information, click here
Official website here: www.riorapids.org
What is the mission statement of Rio Soccer Club?
The Rio Soccer Club's mission is centered around providing youth soccer training, developmental training, and small-sided soccer experiences for approximately 1,200 young individuals within the state of New Mexico. Their activities aim to foster the growth and skill development of these young soccer enthusiasts, providing them with a vibrant and engaging soccer environment.
Official website here: www.riorapids.org
Who is the CEO of Rio Soccer Club?
Cathy Thomas is the Treasurer of Rio Soccer Club.
Official website here: www.riorapids.org
What is the revenue of Rio Soccer Club?
Rio Soccer Club's revenue in 2022 was $1,039,959.
Official website here: www.riorapids.org
Who are the executives of Rio Soccer Club and what are their salaries?
The average compensation at Rio Soccer Club during 2022 was $29,441. There are 10 employees and 30 volunteers at Rio Soccer Club.
Here are 9 key members and their salaries:
- Compensation: $13,029
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- Compensation: $72,451
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- Other: $0
Official website here: www.riorapids.org
Where can I find the form 990 for Rio Soccer Club?
Rio Soccer Club's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.riorapids.org
Learn more at the official website: www.riorapids.org
Mission Statement of Rio Soccer Club
Rio Soccer Club, in its mission, focuses on offering soccer training and developmental opportunities to approximately 1,200 youth residing in New Mexico. The club's primary objective is to provide a small-sided soccer experience, fostering skill development and enhancing the overall soccer experience for these young individuals. By offering these services, Rio Soccer Club aims to contribute positively to the lives of these youth, providing them with an engaging and enriching pastime that can potentially lead to lifelong passion and skill development.
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Impact
October, 2024
Rio Soccer Club significantly enriches the lives of approximately 1,200 youth in New Mexico by offering comprehensive training and developmental experiences in soccer. Located in Albuquerque, the club focuses on providing high-quality youth soccer training that emphasizes skill development and teamwork through small-sided games. This structure not only nurtures athletic talent but also fosters a sense of community and belonging among participants.
The impact extends beyond physical fitness—players gain important life skills such as discipline, cooperation, and perseverance. Moreover, the club serves as a vital recreational outlet for youth, encouraging healthy lifestyles and social interaction. By creating an inclusive environment where children can grow both on and off the field, Rio Soccer Club plays a pivotal role in the personal development of young players and the overall well-being of the community.
This information is meant to be a general summary of Rio Soccer Club. 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.
- Investment Income: $293
- Program Service Revenue: $901,452
- Gross Receipts: $1,134,022
Assets and Liabilities:
- Total Assets: $667,027
- Total Liabilities: $459,644
- Net Assets: $207,383
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
REGISTRATION, CAMPS, F
Revenue
$901,452
Organization Details
Founding Year
1998
Phone
(505) 331-1373Principal Officer
Cathy Thomas
Main Address
8220 LA MIRADA PLACE NE 600, ALBUQUERQUE, NM, 87109
Website
www.riorapids.orgNTEE Category
Code: N65 - Recreation
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