Delaware County Futbol Club Inc

Nonprofit profile at a glance

EIN
351918811
IRS 990 coverage
2017–2024
Forms available
Form 990 2024
Location
Muncie, IN, USA
Phone
7657220390
Rating
81
Verdict
STRONG
Rating confidence
Moderate
Sector
Soccer

Official website

Reported finances

Revenue
$343,924
Expenses
$318,601
Assets
$311,674
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

13 people listed

Executive titles in this filing

  • ANTHONY PIERCE (PRESIDENT; D)

Highest reported compensation

  • CHRIS SPOLYAR (DIRECTOR): $10,800 total reported compensation
  • ANTHONY PIERCE (PRESIDENT; D): $9,600 total reported compensation
  • DAN JOHNSON (AT LARGE): $3,440 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 provide soccer players in Delaware county and surrounding areas the opportunity to play soccer in a supportive and rewarding environment that emphasizes fun, enjoyment and skill learning at a level that fits his/her interest and ability, and to develop challenging and competitive travel teams for soccer players who aspire to reach their full potential.

What it reported doing in 2024

Delaware county futbol club (dcfc) offers recreational youth, travel youth, and adult programs at two facilities in Delaware county. The emphasis of the programs is on recreation, exercise, and fostering discipline, dedication, and confidence in each athlete. Dcfc provides instruction, training, and equipment. In addition to practice and game time, dcfc, in conjunction with the state parent association supports goalie training, the olympic development program, coaching seminars, and field trips to professional soccer matches. Dcfc also provides scholarships for children wishing to participate in soccer who need financial assistance. 1,400 participants.

Operating model

Revenue model
Earned-program. 94% of the money available for current operations came from fees and other program revenue.
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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 82
  • Transparency & Controls: 90
  • Accountability: 68
  • Sustainability: 50
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 89.8%; rating input score 90
  • Program expense ratio: 96.9%; rating input score 97
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 2 of 9 controls in place; rating input score 22
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Fail
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 7.4%; rating input score 55; 55th percentile among comparable filings
  • Total-asset coverage ratio: 0.98; rating input score 40; 40th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 80; 80th percentile among comparable filings
  • Officer compensation ratio: 10.6%; rating input score 28; 28th percentile among comparable filings

Growth

  • Program expense growth: 5.7% per year; rating input score 100; 57th percentile among comparable filings
  • Revenue growth: 11.7% per year; rating input score 100; 76th percentile among comparable filings
  • Asset growth: 29% per year; rating input score 100; 91st percentile among comparable filings

Details

  • Where the money goes: 89.8% of revenue deployed · 96.9% of spending went to programs
  • Governance: 13 of 13 board members independent · 2 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $309K in reported program spending
  • Leadership: top reported pay $11K · 13 people listed
  • Consistency: 20 of 20 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 7 filing years from 2017 to 2024
  • Contacts: How to reach this organization
  • Money network: 13 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: Governance controls: 6 of 8 not reported.
  • Review — Sustainability: Operating margin scored 55/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 40/100.
  • High — Sustainability: Officer compensation ratio scored 28/100.