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Carolinas Football Club

Charlotte Independence Soccer Club

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

EIN: 834522850 ✦ Cornelius, NC ✦ Designated as a 501(c)(3)

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Overview

What is Carolinas Football Club?

The Carolinas Football Club, also known as Charlotte Independence Soccer Club, is a nonprofit organization based in Cornelius, North Carolina. With a workforce of 197 individuals, their primary mission is to promote, develop, and administer the game of soccer. They achieve this by incorporating key values such as character, commitment, community, competition, and communication as their guiding principles. The club is actively involved in sponsoring youth teams and providing coaching clinics within the North Carolina Youth Soccer Association League. Additionally, they aim to instill life lessons and values through their soccer activities.


Official website here: www.independencesoccer.club

What are the reviews and ratings of this charity?

**Charity Navigator Rating: Two Stars (62%)**

Carolinas Football Club’s rating from Charity Navigator indicates a need for improvement, primarily due to a lack of transparency in financial statements and a concerning liabilities-to-assets ratio. While the organization's governance appears strong with a fully independent board, it fails to score well in financial accountability. Key areas such as impact measurement and leadership adaptability, important for assessing overall effectiveness, are not currently scored, leaving a gap in understanding how the organization achieves its mission.

The strengths of the club lie in its governance structure, with 100% independent board members and a solid program expense ratio of 94.70%. This suggests that a significant portion of its resources is dedicated to fulfilling its mission rather than administrative costs. However, the absence of a whistleblower policy and the inability to publicly access its financial documents are notable shortcomings that raise concerns about the organization's commitment to transparency and best practices.

User reviews from GreatNonprofits were unavailable, limiting insight into participant experiences and general perceptions of the organization's impact. Overall, while Carolinas Football Club shows promise in its governance and program allocation, it must address its financial transparency and accountability to improve its standing and trust among stakeholders.


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

What do the Facebook reviews say about Carolinas Football Club?

86% of 27 reviewers on Facebook recommend Carolinas Football Club. Here is a summary of their reviews:

Many reviewers express a mix of support and concern regarding the nonprofit's operations, particularly in relation to safety protocols and customer service during challenging times. A notable issue raised by one reviewer highlights a perceived lack of compassion and flexibility, especially in regard to refund policies for summer sessions.

Though some members appreciate the club’s offerings, there are significant concerns about the adequacy of guidelines and overall communication from the organization. The sentiment leans toward a desire for more responsiveness and assurance from the club, particularly related to child safety and customer support during trying circumstances.


This AI summary has been generated from reviews found on Facebook.

Is Carolinas Football Club legitimate?

Carolinas Football Club is a legitimate nonprofit organization registered as a 501(c)(3) entity. Carolinas Football 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: $4,670,584

For more financial information, click here


Official website here: www.independencesoccer.club

What is the mission statement of Carolinas Football Club?

The Carolinas Football Club is committed to promoting and administering soccer using character, commitment, community, competition, and communication as guiding principles. Their mission is to achieve success and provide an exceptional experience, simultaneously developing and promoting life lessons and values through the sport. The club teaches soccer, sponsors youth teams in the NC Youth Soccer Association League, and offers clinics for coaches and referees, aiming to foster personal growth alongside soccer skills.


Official website here: www.independencesoccer.club

Who is the CEO of Carolinas Football Club?

Thomas Finlay is the CEO of Carolinas Football Club The CEO's salary of Carolinas Football Club is $273,315 and their total compensation is $294,113.


Official website here: www.independencesoccer.club

What is the revenue of Carolinas Football Club?

Carolinas Football Club's revenue in 2024 was $9,527,517.


Official website here: www.independencesoccer.club

Who are the executives of Carolinas Football Club and what are their salaries?

The average compensation at Carolinas Football Club during 2024 was $20,666. There are 226 employees and 850 volunteers at Carolinas Football Club.

Here are 8 key members and their salaries (Carolinas Football Club's CEO's salary is $273,315 and their total compensation is $294,113):


Thomas Finlay (Ceo)
  • Compensation: $273,315
  • Related: $0
  • Other: $20,798
Julie Carr (Chair Of Hte)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pat Cook (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rex Bell (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Caitlin Moen (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Mcmahan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Bray (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick Condon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.independencesoccer.club

Where can I find the form 990 for Carolinas Football Club?

Carolinas Football Club's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.independencesoccer.club

Learn more at the official website: www.independencesoccer.club

Mission Statement of Carolinas Football Club

Carolinas Football Club, an organization dedicated to the game of soccer, is on a mission to make a significant impact. Their objective is to cultivate, champion, and manage the sport using key values such as character, commitment, community, competition, and communication as their guiding principles. They aim to achieve success and offer an exceptional experience, all while promoting and instilling life lessons and values. Beyond soccer, the club is committed to developing and promoting these values within its community.

To accomplish this mission, Carolinas Football Club focuses on teaching the game of soccer to both young players and adults. They sponsor youth teams that participate in the NC Youth Soccer Association League. Additionally, the club hosts clinics for coaches and referees to enhance their skills and knowledge, contributing to the overall improvement of the soccer community. By doing so, Carolinas Football Club not only supports the growth of soccer but also fosters a sense of unity, teamwork, and personal development among its members.

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Impact




July, 2024

Carolinas Football Club has a significant impact on the community by teaching the game of soccer, sponsoring youth teams in the NC Youth Soccer Association League, and providing clinics for coaches and referees. Through its mission of developing, promoting, and administering the game of soccer with a focus on values such as character, commitment, community, competition, and communication, the club not only enhances soccer skills but also promotes life lessons and values among its participants. Their dedication to providing an exceptional soccer experience helps in fostering a strong sense of teamwork, sportsmanship, and personal growth within the community.




This information is meant to be a general summary of Carolinas Football 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.

Revenue
$9,527,517 (2024)
Expenses
$9,960,652 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $31,995
  • Program Service Revenue: $9,362,295
  • Gross Receipts: $9,527,517

Assets and Liabilities:

  • Total Assets: $1,019,941
  • Total Liabilities: $1,419,392
  • Net Assets: -$399,451

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Programs

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

PROGRAM REVENUE

Revenue

$8,271,517

TOURNAMENT REVENUE

Revenue

$502,830

SPONSORSHIPS

Revenue

$482,600

OTHER REVENUE

Revenue

$105,348

Organization Details

Founding Year

2018

Principal Officer

Patrick Condon

NTEE Category

Code: N64 - Recreation

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