Overview
What is Coast Futbol Alliance Inc?
Coast Futbol Alliance Inc, based in Murrells Inlet, South Carolina, is a nonprofit organization primarily focused on nurturing the growth of young soccer players in the Myrtle Beach area. With a team of three dedicated individuals, they invest in coaching, travel, tournament registrations, uniforms, and field maintenance for over 300 select players (across 15 teams) and over 1200 recreational players. Their mission is to promote and develop youth soccer teams, providing an engaging environment for local children to enhance their skills and passion for the sport.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (67%)
Coast Futbol Alliance Inc has received a two-star rating, indicating a need for improvement in various aspects of its operations and governance. While the organization boasts a solid program expense ratio of 92.97%, which reflects a strong commitment to its mission, it faces challenges in transparency and accountability. Notably, the organization has not provided key governance policies, such as a conflict of interest policy and a whistleblower policy, which are essential for maintaining public trust and ethical standards.
The nonprofit has a fully independent board, which is a positive aspect, as it suggests a commitment to unbiased governance. However, the lack of publicly available financial statements and missing essential documentation on its website detracts from its accountability. Despite these weaknesses, Coast Futbol Alliance Inc has successfully maintained a zero liabilities to assets ratio, indicating financial stability.
Overall, while Coast Futbol Alliance Inc demonstrates strong programmatic focus and governance independence, significant gaps in transparency and financial reporting need to be addressed to improve its rating and enhance stakeholder confidence.
This AI summary has been generated from information found on Charity Navigator.
Is Coast Futbol Alliance Inc legitimate?
Coast Futbol Alliance Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Coast Futbol Alliance 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: $285,553
For more financial information, click here
What is the mission statement of Coast Futbol Alliance Inc?
Coast Futbol Alliance Inc's mission revolves around promoting and developing youth soccer teams. In essence, they invest in the development of young soccer players, catering to over 300 select players and over 1200 recreational players. Their expenditures cover various aspects such as coaching, tournament registrations, uniforms, and field maintenance. The organization's primary focus is to foster the growth of soccer talent within the community.
What is the revenue of Coast Futbol Alliance Inc?
Coast Futbol Alliance Inc's revenue in 2024 was $1,558,599.
Who are the executives of Coast Futbol Alliance Inc and what are their salaries?
The average compensation at Coast Futbol Alliance Inc during 2024 was $71,388. There are 4 employees and 15 volunteers at Coast Futbol Alliance Inc.
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $107,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Coast Futbol Alliance Inc?
Coast Futbol Alliance Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Coast Futbol Alliance Inc
Coast Futbol Alliance Inc, a nonprofit organization, is dedicated to promoting and developing youth soccer teams. Their mission is centered around nurturing the talents of young soccer players in the Myrtle Beach area. This involves incurring expenses for essential aspects such as coaching, travel, tournament registrations, uniforms, and field maintenance. The club currently supports over 300 select players organized into 15 teams, as well as over 1200 recreational players. In essence, Coast Futbol Alliance Inc aims to foster a vibrant soccer community, providing opportunities for growth and development to the local youth through active participation in the sport.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Coast Futbol Alliance Inc is making a significant impact in the Myrtle Beach area by promoting, developing, and administering youth soccer teams. Through their dedicated efforts, over 300 select players across 15 teams and more than 1200 recreation players are benefiting from opportunities for skill development, team camaraderie, and healthy competition. The organization incurs expenses for coaching, travel, tournament registration fees, uniforms, and field maintenance to ensure that these young athletes have access to quality training and playing experiences. Their commitment to youth development through soccer is evident in the positive influence they have on the local community.
This information is meant to be a general summary of Coast Futbol Alliance 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 2024.
- Investment Income: $45,680
- Program Service Revenue: $1,254,799
- Gross Receipts: $1,558,599
Assets and Liabilities:
- Total Assets: $724,741
- Total Liabilities: $0
- Net Assets: $724,741
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Fees
Revenue
$1,250,779
Field Use
Revenue
$4,020
Organization Details
Founding Year
1993
Principal Officer
Thomas H Gulledge
NTEE Category
Code: O20Z - Youth development
If you are a representative of Coast Futbol Alliance Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.