Veterans Football Club Inc

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

EIN: 465347214 ✦ Silver spring, MD ✦ Designated as a 501(c)(3)

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Overview

What is Veterans Football Club Inc?

Veterans Football Club Inc, located in Silver Spring, Maryland, is a nonprofit organization that primarily serves its member base. The club's primary activity involves organizing soccer matches and exercises for adult males, fostering camaraderie and promoting physical fitness. The contributions from its members are utilized to provide benefits for the club members. In times of need, the club also extends support to its members, acting as a community within itself. The club's headquarters can be found at 8121 Georgia Ave, Room 340, Silver Spring, MD 20910.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 20%

Veterans Football Club Inc has received a low rating of 20%, which translates to a Zero-Star out of Four Stars evaluation. This score indicates significant concerns regarding the organization's accountability and financial management. Notably, the organization lacks independent board members and has several missing policies that are essential for good governance.

Despite having no reported material diversion of assets and maintaining proper documentation of board meeting minutes, the club is criticized for missing key accountability measures such as conflict of interest and whistleblower policies. Additionally, the absence of a publicly accessible website and the non-posting of the nonprofit's tax information further detract from its credibility.

The organization allocates only 20.28% of its expenses towards programs, indicating a potential issue with financial efficiency. The low liabilities to assets ratio suggests minimal financial risk, but overall, the concerns regarding governance and transparency overshadow these metrics.


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

Is Veterans Football Club Inc legitimate?

Veterans Football Club Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Veterans Football 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: $0

For more financial information, click here

What is the mission statement of Veterans Football Club Inc?

The Veterans Football Club Inc's mission is centered around facilitating physical fitness and camaraderie among adult male veterans. They accomplish this by organizing soccer games and fostering friendly competitions with similar groups. In times of need, the club also extends support to its members. Members' contributions are utilized for providing benefits within the club.

Who is the CEO of Veterans Football Club Inc?

Roland Fonjong is the President of Veterans Football Club Inc.

What is the revenue of Veterans Football Club Inc?

Veterans Football Club Inc's revenue in 2020 was $38,760.

Who are the executives of Veterans Football Club Inc and what are their salaries?


There is 1 key member and their salary:


Roland Fonjong (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Veterans Football Club Inc?

Veterans Football Club Inc's most recent form 990 was submitted in 2020 and can be accessed here.

Mission Statement of Veterans Football Club Inc

The Veterans Football Club Inc, in its mission, brings together adult males for the purpose of fostering physical fitness through soccer. It organizes friendly matches with similar groups, providing a platform for camaraderie and social engagement. In times of need, the club extends its support to its members, demonstrating a sense of community and fellowship. The club's operations are funded through contributions from its members, with these funds being utilized for the benefits of its members.

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Impact




August, 2024

Veterans Football Club Inc brings adult males together to exercise and play soccer, promoting fitness and camaraderie among its members. By organizing friendly matches with similar groups, the club fosters a sense of community and support. Additionally, the club assists its members in times of need, highlighting its impact beyond the soccer field. Through the contributions from its members, Veterans Football Club Inc is able to provide benefits and support to its members, creating a positive and uplifting environment for its participants.




This information is meant to be a general summary of Veterans Football 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.

Revenue
$38,760 (2020)
Expenses
$38,850 (2020)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2020.

  • Gross Receipts: $38,760

Assets and Liabilities:

  • Total Assets: $7,571
  • Total Liabilities: $0
  • Net Assets: $7,571

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Organization Details

Founding Year

2000

Principal Officer

Roland Fonjong

Main Address

8121 GEORGIA AVE Room 340, SILVER SPRING, MD, 20910

NTEE Category

Code: Z99 - Unknown

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