Overview
What is Magnus Football Club?
Magnus Football Club is a nonprofit organization located in Corona, California, with the primary mission of fostering the development of young athletes, both male and female, in the sport of soccer. Recognizing the need for adequate coaching guidance and education, the club aims to provide high-quality coaching services and other support to those who may not be able to afford competitive soccer. The club's activities encompass soccer coaching education, motor skill development, and nutritional education, all with the goal of nurturing both skilled players and well-rounded individuals. Magnus Football Club is committed to offering a comprehensive soccer education, thereby contributing positively to the community.
Official website here: www.magnusfc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 43%, Zero-Star out of Four Star rating
Magnus Football Club has received a low rating of 43% from Charity Navigator, resulting in a Zero-Star rating. This score reflects the organization's overall performance, which is based solely on its Accountability & Finance metrics. While the club has demonstrated strengths such as an entirely independent board and no material diversion of assets, these positives are overshadowed by serious deficiencies in financial management and transparency.
The organization scores poorly in several critical areas, including its Program Expense Ratio, which stands at 47.83%. This indicates that a significant portion of its expenses is not allocated to its programs, raising concerns about the effective use of funds. Additionally, Magnus Football Club lacks essential policies such as a whistleblower policy and a document retention and destruction policy, which could compromise accountability and transparency.
Overall, while Magnus Football Club has a fully independent board and good practices in certain areas, the significant gaps in financial management and missing policies highlight the need for substantial improvements. Potential donors and supporters should consider these factors carefully when evaluating their support for the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Magnus Football Club legitimate?
Magnus Football Club is a legitimate nonprofit organization registered as a 501(c)(3) entity. Magnus Football 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: $0
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Official website here: www.magnusfc.org
What is the mission statement of Magnus Football Club?
Magnus Football Club, a nonprofit organization, is dedicated to the development of young athletes, both mentally and physically, through soccer. Their mission is to provide a well-rounded soccer education, placing equal emphasis on nurturing skilled players and virtuous individuals. The club offers soccer coaching services, motor skill development, and nutritional education to its members. Their primary goal is to foster the growth of good players and good people, aiming to fill the void in proper coaching guidance and education in soccer. Club fees are utilized to support the development of youth athletes in the community, providing high-quality coaches and other essential support to those who may not be able to afford competitive soccer.
Official website here: www.magnusfc.org
What is the revenue of Magnus Football Club?
Magnus Football Club's revenue in 2023 was $176,970.
Official website here: www.magnusfc.org
Who are the executives of Magnus Football Club and what are their salaries?
Here are 4 key members and their salaries:
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- Other: $0
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Official website here: www.magnusfc.org
Where can I find the form 990 for Magnus Football Club?
Magnus Football Club's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.magnusfc.org
Learn more at the official website: www.magnusfc.org
Mission Statement of Magnus Football Club
Magnus Football Club, a nonprofit public benefit corporation, is dedicated to the mission of providing a comprehensive soccer education for youth athletes. Their primary focus is not just on developing skilled soccer players, but also on nurturing well-rounded individuals. The club offers soccer coaching educational services, motor skill development, and nutritional education to its members, aiming to equip young athletes with both physical and mental tools. Magnus Football Club's mission is rooted in the belief that soccer can serve as a powerful platform for personal growth and development. The organization is committed to fostering a positive environment where young athletes can thrive and grow, both on and off the field.
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Impact
October, 2024
Magnus Football Club significantly impacts its community by focusing on the holistic development of young athletes, both physically and mentally, through the sport of soccer. By offering high-quality coaching education, motor skill development, and nutritional guidance, the club ensures that youth athletes receive the support they need to excel not only in soccer but also in their personal growth.
In a community where access to proper coaching and educational resources can be limited, Magnus Football Club stands out by providing competitive training opportunities that prioritize skill development and character building. This commitment helps bridge the gap for young players, allowing both male and female athletes to cultivate their talents, regardless of their financial background.
The club's mission emphasizes not only the importance of soccer skills but also the values of teamwork, discipline, and respect. Through structured programs and dedicated mentorship, the club fosters an environment where young athletes can thrive, ultimately contributing to healthier lifestyles and stronger community bonds. By empowering youth through sport, Magnus Football Club plays a pivotal role in shaping the next generation of athletes and responsible citizens.
This information is meant to be a general summary of Magnus Football 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 2023.
- Program Service Revenue: $171,814
- Gross Receipts: $176,970
Assets and Liabilities:
- Total Assets: $1,633
- Total Liabilities: $0
- Net Assets: $1,633
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CLUB FEES
Revenue
$171,743
SPONSORSHIP
Revenue
$71
Organization Details
Founding Year
2014
Principal Officer
Ozzie Gomez
Website
www.magnusfc.orgNTEE Category
Code: N64 - Recreation
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