Recreation & Sports
(N70)
IRS Verified
DX Registered
990 on File
NEWARK SOCCER CLUB INC
Financial strength (30%)
67/100
Reliability (20%)
84/100
Effectiveness (25%)
93/100
Impact (25%)
55/100
42
CharityAI™ Score
out of 100
Mission Statement
1974 Newark F.C aims to build a strong community of young athletes who are passionate about soccer and committed to excellence both on and off the field. We strive to provide a safe and inclusive environment where players can develop their skills, build meaningful relationships, and learn important values such as teamwork, sportsmanship, and respect.
Financial Overview — FY 2025
$2.8M
Total Revenue
$2.3M
Total Expenses
$518K
Net Assets
9
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
100.0%
Fundraising Efficiency
N/A
Operating Reserve
2.69x
Liability-to-Asset
0.0%
Revenue Diversification
100.0%
Compared with Peers
FY 2025
Compared with 1,121 similar organizations
(United States, Recreation & Sports, $1M–$10M in expenses), FY 2025.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
100.0% | 86.9% |
P10P90
|
Top quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
0.0% | 10.0% |
P10P90
|
Top quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
2.7 mo | 7.8 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.0% | 10.8% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
100.0% | 89.8% |
P10P90
|
Bottom quarter |
|
Revenue growth
Year over year revenue growth
|
22.6% | 8.0% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
19.9% | 7.2% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
18.3% | 2.8% |
P10P90
|
CharityAI™ Evaluation — 2025
42 / 1000
Financial
84
Reliability
45
Effectiveness
55
Impact
Financial Strength (30%)
0
Reliability & Transparency (20%)
84
Program Effectiveness (25%)
45
Impact & Outcomes (25%)
55
1,475 served annually
$1K per beneficiary
1 programs
IRS Verified Form 990 on File 95% Data Complete
Impact
1 program| Outcome / Program | People Served | Cost / Service | # Completed | Duration |
|---|---|---|---|---|
| 1974 Newark F.C aims to build a strong community of young athletes who are passionate about soccer a | 1,475 | $1,355.32 | — | Per Year |
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2025 | $2.8M | $2.3M | $518K | 100.0% | 9 |
| 2024 | $2.3M | $1.9M | $381K | 100.0% | 9 |
| 2023 | $2.0M | $1.6M | $0 | 100.0% | 9 |
| 2022 | $1.4M | $1.2M | $0 | 100.0% | 0 |
| 2021 | $1.1M | $847K | N/A | — | 0 |
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