Football Club Boston Inc Fka Fc Greater Boston
Nonprofit profile at a glance
- EIN
- 043186168
- IRS 990 coverage
- 2014–2024
- Forms available
- Form 990 2024
- Location
- Auburn, MA, USA
- Phone
- 6173325335
- Rating
- 58
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Soccer
Reported finances
- Revenue
- $19,500
- Expenses
- $12,660
- Assets
- $1,951
- Liabilities
- $595,845
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- NICHOLAS RUGNETTA (PRESIDENT)
- EVAN BUROKAS (VICE PRESIDENT)
People named in this filing
- NICHOLAS RUGNETTA (PRESIDENT)
- DARREN BURKE (TREASURER/CLERK)
- EVAN BUROKAS (VICE PRESIDENT)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To prepare and develop competent and successful college and professional soccer players by providing the highest quality soccer resources, opportunities and programs to the top soccer players in the greater boston area.the organization strives to provide its players of all ages with the highest level professional coaching and training, appropriate local, regional, national and international competition; the beneficial sponsorships and affiliations with soccer-oriented associations, suppliers, and service providers. To this end, the organization provides its members with a committed and supportive environment, incorporating the values of character, good citizenship, academic excellence and respect for all its participants, while embracing the challenges inherent in a highly competitive endeavor.
What it reported doing in 2024
Education - promoted educational and cultural benefits of soccer. Teach fair play with respect for other players, coaches and referees. Each league supplied seasonal program booklet describing attitudes expected and the proper way to play soccer, leading to improvement of the sport.player development - club encourages teams and players to participate in club and league organized sessions, clinics, and tournaments.competitive games - foster national and international amateur sports competition. Assist soccer players to team up with and/or play against children from all different towns, states and countries. Teams and divisions are designed to encourage development at the player level. Support further competition-the organization provides support for its teams to compete nationally and internationally.
Operating model
- Revenue model
- Earned-program. 100% 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
MIXED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 25
- Transparency & Controls: 90
- Accountability: 70
- Sustainability: 48
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 23.4%; rating input score 23
- Program expense ratio: 36.1%; rating input score 36
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd 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; 64th percentile among comparable filings
- Governance controls: 2 of 7 controls in place; rating input score 29
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 35.1%; rating input score 81; 81st percentile among comparable filings
- Total-asset coverage ratio: 0.15; rating input score 10; 10th percentile among comparable filings
- Liabilities to assets ratio: 305.4; rating input score 0; 0th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 60; 60th percentile among comparable filings
Growth
- Program expense growth: 4.9% per year; rating input score 100; 66th percentile among comparable filings
- Revenue growth: 0.8% per year; rating input score 100; 63rd percentile among comparable filings
- Asset growth: 11.5% per year; rating input score 100; 82nd percentile among comparable filings
Details
- Where the money goes: 23.4% of revenue deployed · 36.1% of spending went to programs
- Governance: 3 of 3 board members independent · 2 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $5K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 13 of 13 current checks pass
- Schedules: 3 filed schedules
- Filing history: 9 filing years from 2014 to 2024
- Contacts: How to reach this organization
- 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 — Financial Efficiency: Mission deployment rate scored 23/100.
- Moderate — Financial Efficiency: Program expense ratio scored 36/100.
- High — Accountability: Governance controls: 4 of 6 not reported.
- High — Sustainability: Total-asset coverage ratio scored 10/100.
- High — Sustainability: Liabilities to assets ratio scored 0/100.