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Red Slopes Soccer Foundation

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

EIN: 817045472 ✦ Salt lake city, UT ✦ Designated as a 501(c)(3)

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Overview

What is Red Slopes Soccer Foundation?

The Red Slopes Soccer Foundation is a nonprofit organization situated in Salt Lake City, Utah. Its primary role involves organizing and overseeing competitive soccer league teams. The foundation's mission is to provide a platform for skill development and cultivate a passion for the sport among its players. This is achieved through various soccer clubs and leagues that the foundation manages. By offering these opportunities, Red Slopes Soccer Foundation aims to foster a deep-seated love for soccer among its participants.

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Stars, 65%)

The Red Slopes Soccer Foundation has received a Two-Star rating from Charity Navigator, which indicates that the organization needs improvement, particularly in its accountability and finance practices. The foundation's overall score is significantly influenced by a lack of financial transparency, as it has not provided any financial statements, resulting in a score of zero in that category.

Despite its weaknesses in financial reporting and missing essential policies such as conflict of interest and whistleblower protections, the organization does demonstrate strong governance with a board comprising 100% independent members. Additionally, the foundation has a high program expense ratio of 93.43%, indicating that a significant portion of its funding is directed towards its programs rather than administrative costs.

However, the absence of key documents and policies raises serious concerns about the foundation's operational transparency. Without comprehensive financial reporting and governance policies in place, potential donors may want to approach with caution until improvements are made in these essential areas.


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

Is Red Slopes Soccer Foundation legitimate?

Red Slopes Soccer Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Red Slopes Soccer Foundation 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: $384,000

For more financial information, click here

What is the mission statement of Red Slopes Soccer Foundation?

The Red Slopes Soccer Foundation's mission is centered around organizing and managing competitive soccer league teams. Their primary goal is to offer opportunities for skill development and foster a passion for the sport among players. This is accomplished through their diverse soccer clubs and leagues. The foundation aims to nurture a love for soccer and help players hone their abilities.

Who is the CEO of Red Slopes Soccer Foundation?

Wayne Scholes is the Trustee of Red Slopes Soccer Foundation.

What is the revenue of Red Slopes Soccer Foundation?

Red Slopes Soccer Foundation's revenue in 2022 was $822,690.

Who are the executives of Red Slopes Soccer Foundation and what are their salaries?


Here are 3 key members and their salaries:


Wayne Scholes (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Hubbard (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amber Scholes (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Red Slopes Soccer Foundation?

Red Slopes Soccer Foundation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Red Slopes Soccer Foundation

The Red Slopes Soccer Foundation, an organization dedicated to competitive soccer, seeks to provide a platform for skill development and cultivate a passion for the game among players. Its mission is twofold: organizing and managing competitive soccer league teams in Salt Lake City, and fostering a love for the sport through various soccer clubs and leagues. By offering these opportunities, the foundation aims to empower players, allowing them to hone their skills and enjoy the game in a competitive setting.

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Impact




July, 2024

Red Slopes Soccer Foundation's impact can be seen through the opportunities it provides for skill development and the fostering of a love for the game of soccer among players in Salt Lake City, UT. Through its competitive soccer league teams, the foundation helps players enhance their abilities and passion for the sport. This not only benefits the individual players but also contributes to the overall growth and development of the soccer community in the area.




This information is meant to be a general summary of Red Slopes Soccer Foundation. 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
$822,690 (2022)
Expenses
$466,505 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $820,702
  • Gross Receipts: $822,690

Assets and Liabilities:

  • Total Assets: $1,616,582
  • Total Liabilities: $277,809
  • Net Assets: $1,338,773

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PROGRAM SERVICE REVENUE

Revenue

$820,702

Organization Details

Founding Year

2016

Principal Officer

Wayne Scholes

Main Address

3165 EAST MILLCREEK DRIVE 500, SALT LAKE CITY, UT, 84121

NTEE Category

Code: N64 - Recreation

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