Overview
What is Fc Frederick Inc?
Fc Frederick Inc is a nonprofit organization based in Frederick, Maryland. With a focus on youth soccer development, they aim to nurture over a thousand athletes, maintaining an emphasis on academic achievements. They offer various soccer-related activities such as teams, clinics, camps, and leagues. Their mission is to provide quality instruction in soccer, fostering participation while highlighting the significance of education and educational activities. With a dedicated team of 54 individuals, Fc Frederick Inc empowers young athletes to excel both on and off the field.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 1 Star (59%)
Fc Frederick Inc has received a One-Star out of Four Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial management. While the organization has 100% independent board members and shows no signs of material diversion of assets, it lacks essential financial transparency, highlighted by no available financial statements and an absent website.
The organization demonstrates a reasonable program expense ratio of 63.79%, suggesting that a majority of its funds are directed toward its programs. However, the absence of critical policies such as conflict of interest and whistleblower protections raises red flags about its governance practices. Additionally, without a public website, potential donors may find it challenging to access information about the charity's operations and impact.
Overall, Fc Frederick Inc exhibits strong board independence and a low liabilities-to-assets ratio, reflecting a stable financial situation. Nevertheless, the lack of important documentation and transparency may deter potential support and necessitates urgent improvements to enhance accountability and trust among stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Fc Frederick Inc legitimate?
Fc Frederick Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fc Frederick 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: $233,431
Professional Fundraising Fees: $0
Other Salaries and Wages: $270,812
For more financial information, click here
What is the mission statement of Fc Frederick Inc?
Fc Frederick Inc's mission is centered around providing soccer teams, clinics, camps, and leagues to individuals. Their primary objective is to deliver high-quality instruction, promoting and fostering soccer participation. Additionally, they emphasize the importance of education and educational activities, aiming to develop well-rounded soccer athletes. With over 1,000 youth athletes under their wing, many continue to excel in high school and college, demonstrating the successful blend of sports and academics.
Who is the CEO of Fc Frederick Inc?
Jeffrey Sill is the Executive Director/Vice Pr of Fc Frederick Inc.
What is the revenue of Fc Frederick Inc?
Fc Frederick Inc's revenue in 2022 was $2,193,116.
Who are the executives of Fc Frederick Inc and what are their salaries?
The average compensation at Fc Frederick Inc during 2022 was $9,338. There are 54 employees at Fc Frederick Inc.
Here are 6 key members and their salaries:
- Compensation: $117,750
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $82,000
- Related: $0
- Other: $0
- Compensation: $29,681
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $4,000
- Related: $0
- Other: $0
Where can I find the form 990 for Fc Frederick Inc?
Fc Frederick Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Fc Frederick Inc
Fc Frederick Inc, a renowned organization, is dedicated to providing individuals with a variety of soccer-related opportunities. Their mission revolves around offering soccer teams, clinics, camps, and leagues, while emphasizing the significance of education and educational activities. Their primary goal is to provide quality instruction, promoting and developing soccer participation among the youth. By doing so, they aim to foster a love for the sport and encourage personal growth both on and off the field. The organization has successfully developed over 1,000 youth soccer athletes, many of whom have continued to excel in high school and college.
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Impact
July, 2024
Fc Frederick Inc's impact can be seen through the development of over 1,000 youth soccer athletes, many of whom have excelled in high school and college. By providing soccer teams, clinics, camps, and leagues, this organization not only promotes soccer participation but also emphasizes the importance of education and educational activities. Overall, Fc Frederick Inc plays a significant role in nurturing young athletes and shaping their future success on and off the field.
This information is meant to be a general summary of Fc Frederick 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.
- Investment Income: $608
- Program Service Revenue: $2,192,508
- Gross Receipts: $2,193,116
Assets and Liabilities:
- Total Assets: $4,524,338
- Total Liabilities: $349,314
- Net Assets: $4,175,024
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES AND AS
Revenue
$1,888,081
CAMPS AND TOURNAMENTS
Revenue
$228,150
DONATIONS
Revenue
$63,707
OTHER FUNDRAISERS
Revenue
$12,570
Organization Details
Founding Year
2002
Phone
(301) 639-0897Principal Officer
Jeffrey Sill
Main Address
PO BOX 1163, FREDERICK, MD, 21702
NTEE Category
Code: N64 - Recreation
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