Overview
What is Fc Greater Boston Bolts Inc?
Fc Greater Boston Bolts Inc, based in Framingham, Massachusetts, is a nonprofit organization dedicated to fostering exceptional soccer players. Their mission is to prepare athletes for collegiate, national, or professional levels by offering top-notch soccer resources, a superior technical curriculum, competitive athletic programs, and growth opportunities. They encourage team participation in organized sessions, clinics, and tournaments, promoting fair play and respect. The club supports its teams to compete nationally and internationally, promoting interaction among players from various towns, states, and countries. Their team divisions and structures are designed to nurture development at the player level.
Official website here: www.bostonbolts.com/
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Fc Greater Boston Bolts Inc has received a two-star rating from Charity Navigator, indicating concerns regarding its accountability and financial practices. The organization scored 65% overall, with a notable absence of independent board members, which may raise questions about governance and oversight. While the financial statements are audited, the lack of a whistleblower policy and document retention protocols suggests areas for improvement in transparency and operational practices.
Despite these limitations, the nonprofit demonstrates some strengths, particularly in program expenses, maintaining a program expense ratio of 100%. This ratio indicates that the majority of their funds are directed towards their programs rather than administrative costs. Additionally, they have a strong audit and oversight committee in place, signaling a commitment to proper financial management.
However, the organization needs to address several governance issues, particularly the absence of independent board members, which can impact decision-making and trust among stakeholders. The lack of certain policies and poor performance in areas such as tax form posting on their website further highlight the need for enhanced accountability measures. Overall, while there are positive aspects to Fc Greater Boston Bolts Inc’s operations, significant improvements in governance and transparency are warranted.
This AI summary has been generated from information found on Charity Navigator.
Is Fc Greater Boston Bolts Inc legitimate?
Fc Greater Boston Bolts Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fc Greater Boston Bolts 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: $281,689
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,943,706
For more financial information, click here
Official website here: www.bostonbolts.com/
What is the mission statement of Fc Greater Boston Bolts Inc?
Fc Greater Boston Bolts Inc's mission is to cultivate exceptional soccer players with the potential to excel at the collegiate, national, or professional level. To achieve this, they provide top-tier soccer resources, deliver a superior technical curriculum, organize competitive athletic programs, and offer opportunities for personal growth that contribute to a successful future. Their activities encompass promoting educational and cultural benefits of soccer, teaching fair play and respect, offering seasonal program booklets outlining expected attitudes and proper soccer etiquette, encouraging team participation in sessions, clinics, and tournaments, fostering national and international amateur sports competition, and supporting further national and international competition for their teams.
Official website here: www.bostonbolts.com/
Who is the CEO of Fc Greater Boston Bolts Inc?
Brian Ainscough is the President of Fc Greater Boston Bolts Inc. The CEO's salary of Fc Greater Boston Bolts Inc is $168,589 and their total compensation is $168,589.
Official website here: www.bostonbolts.com/
What is the revenue of Fc Greater Boston Bolts Inc?
Fc Greater Boston Bolts Inc's revenue in 2022 was $5,392,273.
Official website here: www.bostonbolts.com/
Who are the executives of Fc Greater Boston Bolts Inc and what are their salaries?
The average compensation at Fc Greater Boston Bolts Inc during 2022 was $21,398. There are 104 employees and 100 volunteers at Fc Greater Boston Bolts Inc.
Here are 5 key members and their salaries (Fc Greater Boston Bolts Inc's CEO's salary is $168,589 and their total compensation is $168,589):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $168,589
- Related: $0
- Other: $0
- Compensation: $113,100
- Related: $0
- Other: $0
Official website here: www.bostonbolts.com/
Where can I find the form 990 for Fc Greater Boston Bolts Inc?
Fc Greater Boston Bolts Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bostonbolts.com/
Learn more at the official website: www.bostonbolts.com/
Mission Statement of Fc Greater Boston Bolts Inc
Fc Greater Boston Bolts Inc is committed to developing exceptional soccer players who are prepared to compete at the collegiate, national, or professional level. To achieve this mission, the organization provides high-quality soccer resources, a superior technical curriculum, competitive athletic programs, and personal growth opportunities that support a successful future.
The club promotes educational and cultural benefits of soccer, teaching fair play with respect for other players, coaches, and referees. Each league supplied by Fc Greater Boston Bolts Inc includes a seasonal program booklet, describing attitudes expected and the proper way to play soccer, leading to improvement in the players' soccer skills. The organization encourages teams and players to participate in club and league-organized sessions, clinics, and tournaments, fostering national and international amateur sports competition.
Furthermore, Fc Greater Boston Bolts Inc supports its teams to compete nationally and internationally. Teams and divisions are designed to encourage development at the player level, allowing children to team up with and/or play against children from various towns, states, and countries. This competitive environment offers a unique opportunity for players to grow both as athletes and individuals, preparing them for future collegiate, national, or professional soccer careers.
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Impact
July, 2024
Fc Greater Boston Bolts Inc has a significant impact on the development of exceptional soccer players who are prepared to compete at the collegiate, national, or professional level. By providing the highest quality soccer resources, superior technical curriculum, competitive athletic programs, and personal growth opportunities, the organization is instrumental in nurturing the talents of young athletes. Through their focus on education, fair play, and development, they promote the cultural and educational benefits of soccer while fostering a spirit of sportsmanship and respect among players, coaches, and referees. The club's emphasis on competitive games and national and international sports competition further enhances the growth and skills of the players, enabling them to challenge themselves and excel on a larger stage. With a mission to support the successful future of soccer players, Fc Greater Boston Bolts Inc plays a crucial role in shaping the next generation of talented athletes.
This information is meant to be a general summary of Fc Greater Boston Bolts 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: -$456
- Program Service Revenue: $4,786,656
- Gross Receipts: $5,392,836
Assets and Liabilities:
- Total Assets: $1,933,967
- Total Liabilities: $1,979,667
- Net Assets: -$45,700
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TEAM REGISTRATION AND
Revenue
$3,879,852
TOURNAMENTS
Revenue
$649,999
CAMPS AND CLINICS
Revenue
$256,805
Organization Details
Founding Year
2018
Phone
(508) 271-7017Principal Officer
Brian Ainscough
Main Address
PO BOX 1078, FRAMINGHAM, MA, 01701
Website
www.bostonbolts.com/NTEE Category
Code: N64 - Recreation
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