Overview
What is Grayslake Galaxy Soccer Club Inc?
Grayslake Galaxy Soccer Club Inc, also known as FC Lake County, is a nonprofit organization situated in Grayslake, Illinois. With a PO Box address and a team of three dedicated individuals, their primary mission is to train, educate, and develop youth soccer teams, instilling skills, knowledge, and good sportsmanship. They have over 400 participants engaged in the game of soccer, demonstrating their commitment to fostering young talent and promoting a positive competitive spirit. The club operates under the name FC Lake County, extending its reach to the local community, providing a platform for youth soccer enthusiasts.
Official website here: www.fclakecounty.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%, Three-Star out of Four Star Rating
Grayslake Galaxy Soccer Club Inc has received a Three-Star rating from Charity Navigator, indicating a solid performance in terms of accountability and financial health. The charity's overall score is based entirely on its accountability and finance metrics, which are notably strong, scoring 81%. This score reflects a commitment to transparency and responsible financial management.
The organization boasts a fully independent board, with 100% of its members meeting the independence criteria. Additionally, it has a favorable liability to assets ratio of just 1.59% and a high program expense ratio of 94.19%, suggesting that the majority of its funding goes directly to its programs rather than administrative expenses. Policies regarding conflicts of interest, whistleblower protections, and document retention are in place, further enhancing its credibility.
While the charity demonstrates robust accountability practices, the overall rating indicates room for improvement in other areas that may not have been covered in the current evaluation. However, for supporters and potential donors, the high program expense ratio and independent governance structure are clear strengths that reinforce the organization’s commitment to its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Grayslake Galaxy Soccer Club Inc legitimate?
Grayslake Galaxy Soccer Club Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Grayslake Galaxy 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: $221,247
For more financial information, click here
Official website here: www.fclakecounty.com
What is the mission statement of Grayslake Galaxy Soccer Club Inc?
The Grayslake Galaxy Soccer Club Inc is committed to training, educating, and developing youth soccer teams, fostering skills, knowledge, and good sportsmanship. Their mission revolves around enhancing the players' abilities while they engage in soccer games. The primary focus of the club is to instill a sense of sportsmanship among its participants.
Official website here: www.fclakecounty.com
Who is the CEO of Grayslake Galaxy Soccer Club Inc?
Richard Armour is the President of Grayslake Galaxy Soccer Club Inc.
Official website here: www.fclakecounty.com
What is the revenue of Grayslake Galaxy Soccer Club Inc?
Grayslake Galaxy Soccer Club Inc's revenue in 2022 was $689,235.
Official website here: www.fclakecounty.com
Who are the executives of Grayslake Galaxy Soccer Club Inc and what are their salaries?
The average compensation at Grayslake Galaxy Soccer Club Inc during 2022 was $73,749. There are 3 employees at Grayslake Galaxy Soccer Club Inc.
Here are 5 key members and their salaries:
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Official website here: www.fclakecounty.com
Where can I find the form 990 for Grayslake Galaxy Soccer Club Inc?
Grayslake Galaxy Soccer Club Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.fclakecounty.com
Learn more at the official website: www.fclakecounty.com
Mission Statement of Grayslake Galaxy Soccer Club Inc
Grayslake Galaxy Soccer Club Inc is committed to the mission of training, educating, and developing youth soccer teams, fostering skills, knowledge, and good sportsmanship among its participants as they engage in the game of soccer. The organization's primary goal is to nurture the growth of young athletes, instilling in them a solid foundation of soccer skills and an understanding of fair play and sportsmanship. With a participant base exceeding 400 youth, Grayslake Galaxy Soccer Club Inc is dedicated to providing a comprehensive and enriching soccer experience.
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Impact
July, 2024
Grayslake Galaxy Soccer Club Inc's impact is felt throughout the community as they train, educate, and develop over 400 youth participants in the game of soccer. Through their programs, they instill skills, knowledge, and good sportsmanship in young athletes, shaping them into well-rounded individuals both on and off the field. Their dedication to youth development and community engagement sets them apart as a positive force in the city of Grayslake, IL.
This information is meant to be a general summary of Grayslake Galaxy 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.
- Investment Income: $21
- Program Service Revenue: $672,897
- Gross Receipts: $691,190
Assets and Liabilities:
- Total Assets: $691,582
- Total Liabilities: $0
- Net Assets: $691,582
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PLAYER FEE INCOME
Revenue
$672,357
CAMP REVENUE
Revenue
$540
Organization Details
Founding Year
2005
Phone
(847) 714-4639Principal Officer
Richard Armour
Main Address
PO BOX 523, GRAYSLAKE, IL, 60030
Website
www.fclakecounty.comNTEE Category
Code: N64 - Recreation
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