Overview
What is Cape Fear Youth Soccer Association Inc?
Cape Fear Youth Soccer Association Inc, located at 404 N 3rd Street 204A-D, Wilmington, NC 28401, is a nonprofit organization dedicated to offering an organized youth soccer program twice a year, catering to children aged 7-19. With over 1000 young participants divided among 85 teams, the association plays a significant role in the community. Their mission is to administrate this soccer program during both the spring and fall seasons, fostering team spirit and promoting physical activity among the youth. Known as Wilmington Hammerheads FC Youth, the organization continues to make a positive impact in the lives of numerous children.
Official website here: www.wilmingtonhammerheadsyouth.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Cape Fear Youth Soccer Association Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial health. The rating is based entirely on their Accountability & Finance metrics, indicating that the organization has robust practices in place to manage resources responsibly.
The organization stands out for having a fully independent board, which enhances its governance and decision-making processes. With no material diversion of assets reported and comprehensive financial oversight, the association demonstrates a high level of transparency and integrity in its operations. Additionally, the organization's strong program expense ratio of 76.34% shows that a significant portion of its funding directly supports its mission.
While the ratings are exceptional, potential donors may still want to explore the specific programs and services offered by Cape Fear Youth Soccer Association to ensure alignment with their philanthropic goals. Overall, the association appears to be a well-managed nonprofit organization with a clear focus on serving the youth soccer community.
This AI summary has been generated from information found on Charity Navigator.
Is Cape Fear Youth Soccer Association Inc legitimate?
Cape Fear Youth Soccer Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cape Fear Youth Soccer Association 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: $394,906
For more financial information, click here
Official website here: www.wilmingtonhammerheadsyouth.com
What is the mission statement of Cape Fear Youth Soccer Association Inc?
The Cape Fear Youth Soccer Association Inc. primarily focuses on providing and managing an organized soccer program for youth aged between 7 and 19, offering opportunities twice a year during the spring and fall seasons. With over 1000 children participating annually, spread across over 85 teams, the association plays a significant role in fostering a soccer-centric environment for young individuals. While the association does not have a publicly stated mission statement, its primary activity can be summarized as promoting youth soccer development and participation.
Official website here: www.wilmingtonhammerheadsyouth.com
Who is the CEO of Cape Fear Youth Soccer Association Inc?
Carson Porter is the Director of Cape Fear Youth Soccer Association Inc.
Official website here: www.wilmingtonhammerheadsyouth.com
What is the revenue of Cape Fear Youth Soccer Association Inc?
Cape Fear Youth Soccer Association Inc's revenue in 2022 was $1,605,274.
Official website here: www.wilmingtonhammerheadsyouth.com
Who are the executives of Cape Fear Youth Soccer Association Inc and what are their salaries?
Here are 8 key members and their salaries:
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- Compensation: $77,968
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Official website here: www.wilmingtonhammerheadsyouth.com
Where can I find the form 990 for Cape Fear Youth Soccer Association Inc?
Cape Fear Youth Soccer Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.wilmingtonhammerheadsyouth.com
Learn more at the official website: www.wilmingtonhammerheadsyouth.com
Mission Statement of Cape Fear Youth Soccer Association Inc
Cape Fear Youth Soccer Association Inc, a renowned organization, is dedicated to providing and managing an organized youth soccer program twice a year, catering to children between the ages of 7 and 19. With over 1000 children participating annually, divided into over 85 teams, the association plays a significant role in the community, fostering teamwork, sportsmanship, and a love for soccer among the youth. The mission of Cape Fear Youth Soccer Association Inc is to offer a structured and enjoyable soccer experience, providing opportunities for young people to develop their skills, build relationships, and grow both personally and athletically.
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Impact
July, 2024
Cape Fear Youth Soccer Association Inc positively impacts the community by providing and administering an organized youth soccer program twice a year to children between the ages of 7-19. With over 1000 children participating on over 85 teams each year, the organization promotes physical activity, teamwork, and sportsmanship among the youth in Wilmington, NC. Through their recreational soccer program, CFYSA contributes to the development of young athletes and fosters a sense of community and camaraderie among its participants.
This information is meant to be a general summary of Cape Fear Youth Soccer Association 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 2022.
- Program Service Revenue: $1,535,215
- Gross Receipts: $1,617,077
Assets and Liabilities:
- Total Assets: $1,811,933
- Total Liabilities: $127,403
- Net Assets: $1,684,530
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Camp Income
Revenue
$1,354,568
Sponsors
Revenue
$80,500
PLAYER REGISTRATION
Revenue
$69,718
Tournament Income
Revenue
$17,708
Program Income
Revenue
$12,721
Organization Details
Founding Year
1985
Phone
(910) 392-0306Principal Officer
Carson Porter
Main Address
404 N 3rd Street 204A-D, Wilmington, NC, 28401
NTEE Category
Code: N64 - Recreation
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