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Cf Academy Inc

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

EIN: 463083492 ✦ Chattanooga, TN ✦ Designated as a 501(c)(3)

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Overview

What is Cf Academy Inc?

Cf Academy Inc is a nonprofit organization that provides progressive and innovative opportunities for young soccer enthusiasts to develop their skills, enjoy the game, and embrace teamwork. This is accomplished through a variety of programs that encompass soccer practice, games, and tournament participation. The academy's mission is to foster a sense of discipline and dedication to the sport, ultimately reaping its benefits for the youth involved.


Official website here: www.chattanoogasoccer.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 54%, One-Star out of Four Star rating.

Cf Academy Inc received a low score of 54%, indicating significant challenges in its accountability and financial practices. While the organization has a fully independent board, which is a positive aspect, it lacks essential financial statements and several key policies, such as a conflict of interest and whistleblower policies. These deficiencies contribute to its overall low rating and highlight the need for improvement in governance and transparency.

The charity demonstrates strong program expenses, with 88.22% of its expenditures directed towards its programs, which is commendable. This suggests a commitment to delivering on its mission despite the governance and financial oversight issues. However, the absence of financial reporting and regulatory compliance raises concerns about its operational integrity and long-term sustainability.

In summary, while Cf Academy Inc has strengths in board independence and program effectiveness, its significant weaknesses in financial reporting and policy compliance severely impact its overall evaluation. Stakeholders may want to approach this nonprofit with caution and advocate for improvements in its governance practices to enhance trust and accountability.


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

What do the Facebook reviews say about Cf Academy Inc?

Notably, there are currently only three reviews available for Cf Academy Inc, leading to a limited perspective on the organization's performance. The overall sentiment expressed in the reviews conveys disappointment, particularly regarding the treatment of lower-level teams compared to higher-level teams. One reviewer highlighted that despite promises of inclusive training opportunities, the organization tends to prioritize top-level players, resulting in a lack of support for those at lower levels.

One parent expressed regret over their investment in the organization, indicating that the experience has diminished their child’s enthusiasm for the sport rather than enhancing it. This sentiment suggests a disconnect between what the organization promises and the experiences of its lower-level participants. Overall, the feedback points to significant concerns about fairness and support within the organization, urging potential participants to carefully consider their options.


This AI summary has been generated from reviews found on Facebook.

Is Cf Academy Inc legitimate?

Cf Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cf Academy 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: $573,384

For more financial information, click here


Official website here: www.chattanoogasoccer.com

What is the mission statement of Cf Academy Inc?

Cf Academy Inc's mission is centered around providing progressive and innovative opportunities for youth, encouraging their growth and excellence in soccer skills. This is achieved through the joy of play, instilling discipline in teamwork, and highlighting the benefits of dedication to the sport. The academy offers a variety of programs that involve soccer practice, games, and tournament participation.


Official website here: www.chattanoogasoccer.com

Who is the CEO of Cf Academy Inc?

Mark Harrison is the President of Cf Academy Inc.


Official website here: www.chattanoogasoccer.com

What is the revenue of Cf Academy Inc?

Cf Academy Inc's revenue in 2022 was $895,978.


Official website here: www.chattanoogasoccer.com

Who are the executives of Cf Academy Inc and what are their salaries?

The average compensation at Cf Academy Inc during 2022 was $8,959. There are 64 employees and 50 volunteers at Cf Academy Inc.


Here are 5 key members and their salaries:


Jeremy Alumbaugh (Cfc Managing)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Hooper (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sheldon Grizzle (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Harrison (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Randolph (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.chattanoogasoccer.com

Where can I find the form 990 for Cf Academy Inc?

Cf Academy Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.chattanoogasoccer.com

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

Mission Statement of Cf Academy Inc

Cf Academy Inc, a renowned organization, is committed to providing progressive and innovative opportunities for youth to flourish in their soccer skills. The mission of this esteemed institution is centered around fostering an environment where young individuals can delight in the joy of playing soccer, exercise discipline through teamwork, and reap the benefits of dedication to the sport. By offering a variety of programs that involve practicing, playing games, and participating in tournaments, Cf Academy Inc aims to facilitate the growth and excel of its young members in the realm of soccer.

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Impact




July, 2024

CF Academy Inc has a significant impact on youth in Chattanooga, TN, by providing progressive and innovative opportunities for them to grow and excel in soccer skills. Through their programs, young individuals not only enhance their athletic abilities but also learn the importance of teamwork, dedication, and discipline. These experiences contribute to their overall development and well-being, helping them build confidence and character both on and off the field. The academy's focus on recreation in the form of soccer training, games, and tournaments adds value to the community by promoting physical activity and healthy competition among the youth.




This information is meant to be a general summary of Cf Academy 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
$895,978 (2022)
Expenses
$928,956 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $88
  • Program Service Revenue: $385,190
  • Gross Receipts: $895,978

Assets and Liabilities:

  • Total Assets: $352,921
  • Total Liabilities: $318,449
  • Net Assets: $34,472

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Programs

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

TOURNAMENT REVENUE

Revenue

$217,733

CAMPS/CLINICS

Revenue

$70,168

TOURNAMENT FEES, INS PAYOUT

Revenue

$40,844

SPONSORSHIPS

Revenue

$40,796

SALES OF PRODUCT

Revenue

$15,649

Organization Details

Founding Year

2013

Principal Officer

Mark Harrison

Main Address

PO BOX 22373, CHATTANOOGA, TN, 374222373

NTEE Category

Code: N64 - Recreation

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