Overview
What is Capital Futbol Club?
Capital Futbol Club is a nonprofit organization situated in Salem, Oregon, with a focus on using soccer activities to foster education, citizenship, and sportsmanship. They significantly aid lower-income families by providing scholarships and offer a grassroots after-school soccer program called GRASSP, which provides free soccer programs to elementary schools, benefiting approximately 2,500 children annually. Their mission is deeply rooted in these initiatives, which contribute positively to the community's youth development and well-being. The organization is staffed by 85 dedicated individuals.
Official website here: www.cfcsalem.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Capital Futbol Club has received a two-star rating from Charity Navigator, indicating a need for improvement in various aspects of its operations. While the organization has a solid accountability score reflecting strong governance practices, including a high percentage of independent board members, there are significant gaps in financial transparency, notably the absence of financial statements and tax forms on its website.
The organization excels in its program expense ratio, demonstrating a commitment to using the majority of its resources for its mission. However, the lack of a whistleblower policy and missing financial documentation raises concerns about governance and accountability practices. These limitations could hinder potential donors from fully trusting the organization’s financial integrity.
Overall, while Capital Futbol Club shows promise in its programmatic focus and governance structure, the deficiencies in financial reporting and policies suggest that improvements are necessary to enhance its credibility and effectiveness as a nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Capital Futbol Club legitimate?
Capital Futbol Club is a legitimate nonprofit organization registered as a 501(c)(3) entity. Capital 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: $1,382,760
For more financial information, click here
Official website here: www.cfcsalem.com
What is the mission statement of Capital Futbol Club?
Capital Futbol Club's mission revolves around promoting education, citizenship, and sportsmanship through soccer activities. The club offers substantial scholarships to families with lower income, serving over 2,500 children annually. Additionally, they run a grassroots after-school program named GRASSP, providing free soccer programs to elementary schools. This initiative aims to engage more children in soccer and contribute to their overall development.
Official website here: www.cfcsalem.com
What is the revenue of Capital Futbol Club?
Capital Futbol Club's revenue in 2024 was $2,895,980.
Official website here: www.cfcsalem.com
Who are the executives of Capital Futbol Club and what are their salaries?
The average compensation at Capital Futbol Club during 2024 was $14,404. There are 96 employees and 250 volunteers at Capital Futbol Club.
Here are 12 key members and their salaries:
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Official website here: www.cfcsalem.com
Where can I find the form 990 for Capital Futbol Club?
Capital Futbol Club's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.cfcsalem.com
Learn more at the official website: www.cfcsalem.com
Mission Statement of Capital Futbol Club
Capital Futbol Club is dedicated to fostering education, citizenship, and sportsmanship through soccer activities. The organization provides substantial scholarships to families with lower income, aiming to make soccer accessible to a wider demographic. One of their significant initiatives is the Grass Roots After-School Program (GRASSP), which offers free soccer programs to elementary schools, serving over 2,500 children annually. This program not only promotes the love of soccer but also contributes to the overall development of the children, instilling values of teamwork, discipline, and respect for the game. Capital Futbol Club's mission is to leverage the power of soccer to make a positive impact on the lives of children, fostering their growth both on and off the field.
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Impact
July, 2024
Capital Futbol Club has a significant impact on the community by providing education, citizenship, and sportsmanship through soccer activities. Additionally, they offer substantial scholarships to lower-income families and run a grassroots after-school program that provides free soccer programs to elementary schools, serving over 2,500 kids each year.
This information is meant to be a general summary of Capital 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 2024.
- Program Service Revenue: $2,616,589
- Gross Receipts: $2,895,980
Assets and Liabilities:
- Total Assets: $5,150,204
- Total Liabilities: $4,144,036
- Net Assets: $1,006,168
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EVENTS & OTHER
Revenue
$372,036
OTHER - PROGRAM
Revenue
$15,857
PLAYER FEES
Revenue
$1,961,596
PROGRAM RENTALS
Revenue
$80,755
SPONSORSHIPS
Revenue
$185,030
Organization Details
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