Overview
What is Holston Valley Futbol Club?
Holston Valley Futbol Club, also known as Tri-Cities United Soccer Club, is a nonprofit organization situated in Kingsport, Tennessee. With a focus on soccer, they provide both recreational and competitive programs for young individuals ranging from four to nineteen years old. This soccer association aims to foster a love for the sport and promote its development among the youth in the community. The club, staffed by a small team of four employees, is dedicated to offering engaging soccer activities that cater to various skill levels.
Official website here: www.tri-citiessoccer.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star rating.
Holston Valley Futbol Club received a Three-Star rating, which indicates that it demonstrates a reasonable level of accountability and financial health. The rating is based solely on the Accountability & Finance beacon, highlighting the organization's strengths in maintaining a majority independent board and low liabilities relative to its assets.
The club's financial practices are commendable, with an impressive program expense ratio of 86.51%, suggesting that a significant portion of its funding is directed towards its programs. However, it does face some limitations, such as the absence of key policies like conflict of interest and whistleblower policies, which are important for governance and transparency. While it excels in certain areas, addressing these gaps could enhance its overall rating and operational integrity.
This AI summary has been generated from information found on Charity Navigator.
Is Holston Valley Futbol Club legitimate?
Holston Valley Futbol Club is a legitimate nonprofit organization registered as a 501(c)(3) entity. Holston Valley 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $124,583
For more financial information, click here
Official website here: www.tri-citiessoccer.org/
What is the mission statement of Holston Valley Futbol Club?
The Holston Valley Futbol Club serves as a soccer association, offering both recreational and competitive soccer programs for young individuals ranging from the age of four to nineteen. Its mission, in essence, is to provide an engaging and developmental soccer environment for this age group. By doing so, the club aims to foster a love for the sport, improve skills, and encourage teamwork and camaraderie among the participants.
Official website here: www.tri-citiessoccer.org/
Who is the CEO of Holston Valley Futbol Club?
Tim Neal is the President of Holston Valley Futbol Club.
Official website here: www.tri-citiessoccer.org/
What is the revenue of Holston Valley Futbol Club?
Holston Valley Futbol Club's revenue in 2023 was $491,389.
Official website here: www.tri-citiessoccer.org/
Who are the executives of Holston Valley Futbol Club and what are their salaries?
The average compensation at Holston Valley Futbol Club during 2023 was $31,146. There are 4 employees at Holston Valley Futbol Club.
Here are 8 key members and their salaries:
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Official website here: www.tri-citiessoccer.org/
Where can I find the form 990 for Holston Valley Futbol Club?
Holston Valley Futbol Club's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.tri-citiessoccer.org/
Learn more at the official website: www.tri-citiessoccer.org/
Mission Statement of Holston Valley Futbol Club
Holston Valley Futbol Club, as a soccer association, is dedicated to providing recreational and competitive soccer programs for young individuals falling within the age range of four to nineteen. Their mission is centered around fostering the passion for soccer in this age group, offering a platform for both enjoyment and competitive growth. The club serves as a nurturing ground where young soccer enthusiasts can develop their skills, build teamwork, and experience the thrill of the sport.
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Impact
July, 2024
Holston Valley Futbol Club plays a significant role in the development of young people between the ages of four and nineteen through its recreational and competitive soccer programs. It provides a platform for youths to learn essential life skills such as teamwork, discipline, and perseverance in a sporting environment. By fostering a passion for soccer and promoting physical activity, the club contributes to the overall health and well-being of the community. Additionally, the sense of camaraderie and achievement gained through participation in the club's programs helps in building confidence and character in its members.
This information is meant to be a general summary of Holston Valley 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 2023.
- Investment Income: $39
- Program Service Revenue: $475,935
- Gross Receipts: $491,438
Assets and Liabilities:
- Total Assets: $330,849
- Total Liabilities: $4,712
- Net Assets: $326,137
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM REGISTRATIONS
Revenue
$450,630
TOURNAMENTS
Revenue
$25,305
Organization Details
Founding Year
1975
Phone
(423) 863-1823Principal Officer
Tim Neal
Main Address
P O BOX 3792, KINGSPORT, TN, 37664
Website
www.tri-citiessoccer.org/NTEE Category
Code: N64 - Recreation
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