Overview
What is Mississippi Futbol Club?
Mississippi Futbol Club (MFC) is a nonprofit organization situated in Madison, Mississippi. Its primary focus is offering soccer-related sports programs, such as leagues, tournaments, camps, training sessions, and more, to about 1,228 children aged between 4 and 18 years old in the Jackson metro area. The club's programs aim to foster the soccer abilities and knowledge of its players and coaches to their maximum potential. In addition, it encourages the development of self-confidence, responsibility, teamwork, and respect among its members. With a staff of six dedicated individuals, MFC is committed to providing a nurturing environment for soccer enthusiasts in the Jackson metro area.
Official website here: www.mfcsoccer.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star Rating, 69%)
The Mississippi Futbol Club has received a Two-Star rating from Charity Navigator, scoring 69% overall. This rating indicates that while the organization shows promise, particularly in its program expense ratio of 93.98%, it has significant areas for improvement, particularly in financial transparency and governance practices. The organization possesses a fully independent board, which is a strong point, but lacks essential policies that could enhance accountability.
Notably, the club has not provided financial statements, which resulted in a low score in that area. Additionally, the absence of a conflict of interest policy, whistleblower policy, and document retention policy raises concerns about its governance. However, the organization does demonstrate effective management of its assets, with a liabilities to assets ratio of 0.00%, indicating strong financial health in that respect.
Despite its strengths in program spending and board independence, the lack of important governance documents and transparency measures presents a significant limitation. The Mississippi Futbol Club will need to address these gaps to improve its overall rating and build greater trust with its stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Mississippi Futbol Club legitimate?
Mississippi Futbol Club is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mississippi Futbol 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: $143,306
Professional Fundraising Fees: $0
Other Salaries and Wages: $99,600
For more financial information, click here
Official website here: www.mfcsoccer.com
What is the mission statement of Mississippi Futbol Club?
The Mississippi Futbol Club (MFC) aims to offer soccer-related sports programs for its players and coaches in the Jackson metro area, enabling them to enhance their soccer skills and knowledge to their fullest potential. Through participation in leagues, tournaments, camps, training sessions, and other activities, the club fosters self-confidence, responsibility, teamwork, and respect among its members towards themselves, others, and the game. MFC provides these opportunities to approximately 1,228 children aged between 4 and 18 years old.
Official website here: www.mfcsoccer.com
Who is the CEO of Mississippi Futbol Club?
Henry W Farrior is the Director Of of Mississippi Futbol Club.
Official website here: www.mfcsoccer.com
What is the revenue of Mississippi Futbol Club?
Mississippi Futbol Club's revenue in 2022 was $968,320.
Official website here: www.mfcsoccer.com
Who are the executives of Mississippi Futbol Club and what are their salaries?
The average compensation at Mississippi Futbol Club during 2022 was $40,484. There are 6 employees and 100 volunteers at Mississippi Futbol Club.
Here are 13 key members and their salaries:
- Compensation: $106,556
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- Other: $0
- Compensation: $36,750
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- Other: $0
Official website here: www.mfcsoccer.com
Where can I find the form 990 for Mississippi Futbol Club?
Mississippi Futbol Club's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mfcsoccer.com
Learn more at the official website: www.mfcsoccer.com
Mission Statement of Mississippi Futbol Club
Mississippi Futbol Club, abbreviated as MFC, offers soccer-related sports programs to empower its players and coaches in the Jackson metro area. The primary goal of these programs is to help individuals enhance their soccer abilities and knowledge to their full potential. Alongside this, MFC fosters the development of self-confidence, responsibility, teamwork, and respect for oneself, others, and the game. The club provides a range of sports activities, including leagues, tournaments, camps, training sessions, and more, catering to approximately 1,228 children aged between 4 and 18 years old.
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Impact
July, 2024
Mississippi Futbol Club's impact is significant in the Jackson metro area, providing approximately 1,228 children between the ages of 4 and 18 with opportunities to participate in soccer-related sports programs. Through these programs, players and coaches are able to develop their soccer abilities and knowledge to their highest potential. Additionally, the players also gain valuable life skills such as self-confidence, responsibility, teamwork, and respect for themselves, others, and the game. This shows that Mississippi Futbol Club is making a positive impact on the youth in the community by not only promoting physical activity but also fostering important character development.
This information is meant to be a general summary of Mississippi Futbol 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.
- Gross Receipts: $968,320
Assets and Liabilities:
- Total Assets: $478,627
- Total Liabilities: $0
- Net Assets: $478,627
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Organization Details
Founding Year
2014
Principal Officer
Henry W Farrior
Main Address
PO BOX 1214, MADISON, MS, 391301214
Website
www.mfcsoccer.comNTEE Category
Code: N99 - Recreation
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