Overview
What is Wake Futbol Club Inc?
Wake Futbol Club Inc is a youth-focused nonprofit organization situated in Holly Springs, North Carolina. Their primary mission is to offer engaging soccer programs, camps, and tournaments to young boys and girls between the ages of 9 and 17. The organization is dedicated to fostering a love for the sport and providing a nurturing environment for its members to develop their skills and teamwork abilities. Wake Futbol Club Inc serves as a vital source of recreational and competitive soccer opportunities for the local community.
Official website here: www.wakefc.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 58% (One-Star out of Four Stars)
Wake Futbol Club Inc has received a low rating of 58% from Charity Navigator, indicating significant room for improvement in accountability and financial practices. The organization demonstrates strengths in having an independent board and managing its program expenses effectively, as shown by a high program expense ratio of 80.84%. However, it faces critical weaknesses, including missing financial statements and policies related to whistleblower protections and document retention.
User reviews reflect a mixed experience among members. Some parents appreciate the club's administration and coaching, highlighting the positive community atmosphere and the anticipated development of new facilities. Conversely, there are serious concerns regarding the management of lower-cost league options and the difficulty in processing membership cancellations, leading to frustration among some users.
Overall, while Wake Futbol Club Inc shows potential through its engaged community and administrative support, the feedback and financial transparency issues underscore areas that require urgent attention to enhance its reputation and service delivery.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Wake Futbol Club Inc legitimate?
Wake Futbol Club Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wake 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: $364,198
Professional Fundraising Fees: $0
Other Salaries and Wages: $220,333
For more financial information, click here
Official website here: www.wakefc.com
What is the mission statement of Wake Futbol Club Inc?
Wake Futbol Club Inc is committed to offering soccer programs for youth, specifically catering to boys and girls between the ages of 9 and 17. Their mission involves providing a variety of activities, including camps and tournaments, with the aim of fostering an enjoyable and enriching soccer experience for the young participants. This organization is dedicated to promoting the sport and its associated skills to the next generation.
Official website here: www.wakefc.com
What is the revenue of Wake Futbol Club Inc?
Wake Futbol Club Inc's revenue in 2024 was $3,713,397.
Official website here: www.wakefc.com
Who are the executives of Wake Futbol Club Inc and what are their salaries?
The average compensation at Wake Futbol Club Inc during 2024 was $194,844. There are 3 employees at Wake Futbol Club Inc.
Here are 3 key members and their salaries:
- Compensation: $346,769
- Related: $0
- Other: $0
- Compensation: $17,429
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.wakefc.com
Where can I find the form 990 for Wake Futbol Club Inc?
Wake Futbol Club Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.wakefc.com
Learn more at the official website: www.wakefc.com
Mission Statement of Wake Futbol Club Inc
Wake Futbol Club, a notable entity in the youth soccer scene, is committed to offering engaging soccer programs for boys and girls aged between 9 and 17. The club's primary mission is to provide a nurturing environment where young athletes can hone their skills, build camaraderie, and cultivate a deep-seated love for the sport. Through a variety of programs, camps, and tournaments, Wake Futbol Club empowers its members to develop both personally and athletically, fostering resilience, teamwork, and sportsmanship.
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Impact
July, 2024
Wake Futbol Club Inc's impact is evident in the lives of boys and girls aged 9 to 17 in Holly Springs, NC. By providing youth soccer programs, camps, and tournaments, the club fosters a sense of community, promotes physical activity, and helps develop important skills such as teamwork and sportsmanship. Through its mission to provide these opportunities for young athletes, Wake Futbol Club Inc contributes to the overall well-being and growth of the youth in their community.
This information is meant to be a general summary of Wake 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 2024.
- Program Service Revenue: $3,713,397
- Gross Receipts: $3,713,397
Assets and Liabilities:
- Total Assets: $246,258
- Total Liabilities: $321,884
- Net Assets: -$75,626
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION AND TOURNAMENTS
Revenue
$3,713,397
Organization Details
Founding Year
2012
Principal Officer
David Allred
Website
www.wakefc.comNTEE Category
Code: N64 - Recreation
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