Cobb Futbol Club
Nonprofit profile at a glance
- EIN
- 582224949
- IRS 990 coverage
- 2012–2024
- Forms available
- Form 990 2024
- Location
- Marietta, GA, USA
- Phone
- 6785945041
- Rating
- 62
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Soccer
Reported finances
- Revenue
- $6,712,479
- Expenses
- $6,524,926
- Assets
- $6,081,863
- Liabilities
- $2,197,277
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
8 people listed
Executive titles in this filing
- KEVIN HEID (VICE PRESIDENT/SECRETARY)
- SIMON DAVEY (EXECUTIVE DIRECTOR)
- AARON BONHAM (PRESIDENT)
Highest reported compensation
- SIMON DAVEY (EXECUTIVE DIRECTOR): $210,893 total reported compensation
- SEAN CHAMBERLAIN (OPERATIONS DIRECTOR): $147,297 total reported compensation
- GARETH EVANS (DIRECTOR OF COACHING): $134,786 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To nbsp; promote nbsp; the nbsp; sport nbsp; of nbsp; soccer nbsp; for nbsp; youth nbsp; and nbsp; young nbsp; people nbsp; in nbsp; Georgia
What it reported doing in 2024
Other program - college camp, camps (summer & winter), futsal, ssa king, adult, sccl/npl/mls programs, other program income-general & franchise income.
Operating model
- Revenue model
- Membership-supported. 83% of the money available for current operations came from membership dues.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of voting board members are independent and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 82
- Transparency & Controls: 64
- Accountability: 14
- Sustainability: 38
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 90.6%; rating input score 91
- Program expense ratio: 93.1%; rating input score 93
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 81.8%; rating input score 82; 0th percentile among comparable filings
- Pay-setting controls: 2 of 6 controls in place; rating input score 33
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Pass
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 0%; rating input score 0; 3rd percentile among comparable filings
- Governance controls: 3 of 9 controls in place; rating input score 33
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Missing
- Other executive compensation review process: Missing
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 2.8%; rating input score 44; 44th percentile among comparable filings
- Total-asset coverage ratio: 0.93; rating input score 35; 35th percentile among comparable filings
- Liabilities to assets ratio: 0.36; rating input score 29; 29th percentile among comparable filings
- Officer compensation ratio: 8.8%; rating input score 34; 34th percentile among comparable filings
Growth
- Program expense growth: 7.6% per year; rating input score 100; 54th percentile among comparable filings
- Revenue growth: 8.2% per year; rating input score 100; 61st percentile among comparable filings
- Asset growth: 14.7% per year; rating input score 100; 73rd percentile among comparable filings
Details
- Where the money goes: 90.6% of revenue deployed · 93.1% of spending went to programs
- Governance: 0 of 4 board members independent · 3 of 9 filing controls reported
- Programs: 3 filed program accomplishments · $4.2M in reported program spending
- Leadership: top reported pay $211K · 8 people listed · 2 of 6 pay-setting controls reported
- Highest-paid contractors: 3 contractors listed · $640K reported
- Consistency: 24 of 27 current checks pass · 3 findings to review
- Schedules: 5 filed schedules · includes executive pay
- Filing history: 13 filing years from 2012 to 2024
- Contacts: How to reach this organization
- Money network: 4 filed money-flow records
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Accountability: Independent voting board scored 0/100.
- Moderate — Accountability: Governance controls: 3 of 6 not reported.
- Moderate — Sustainability: Operating margin scored 44/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 35/100.
- Moderate — Transparency & Controls: Fund balance restriction sum did not reconcile in the filed values.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- Moderate — Transparency & Controls: Schedule D land buildings reconciliation did not reconcile in the filed values.
- High — Sustainability: Liabilities to assets ratio scored 29/100.
- Moderate — Sustainability: Officer compensation ratio scored 34/100.