philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in

Cf Academy INC FY2021 filing

Tax-deductible

Chattanooga, TN501(c)(3)Recreation & SportsEIN 46-3083492Revenue $814K in FY2021

On file with the IRSchattanoogasoccer.com436 Market Street Suite 204, 37402-1203 · Chattanooga, TNTax-exempt since Oct 2014Publicly supported — 509(a)(2)

This page gets seen. Tell your story. Claim this org.

To create progressive and innovative opportunities for youth to grow and excel in soccer skills, in the delight of play, in the discipline of team work, and in the benefits of dedication ot the sport.

501(c)(3) charity; gifts are tax-deductible.
85¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average deficit $8K a year · 1% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
85%
of spending
Looks good: 85% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
6 mo
of spending, in cash
Looks good: 5.9 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $76
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$308K
82% of total assets
Concern: liabilities are 82% of assets; over 80%.
Pt X · Ln 26
Independent board members
6
of 6 voting members
Looks good: 6 of 6 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$814K
+33% vs prior year
Spent
$675K
To programs
85%
Net assets
$67K
By yearFY2020–FY2024
Revenue
$814K
FY2021▲ +33%
Tap a bar for its year
Revenue by fiscal year
FY2020$610K
FY2021$814K
FY2022$896K
FY2023$885K
FY2024$977K
Expenses
$675K
FY2021▲ +25%
Tap a bar for its year
Expenses by fiscal year
FY2020$541K
FY2021$675K
FY2022$929K
FY2023$900K
FY2024$1.2M
Net assets
$67K
FY2021▲ +194%
Tap a bar for its year
Net assets by fiscal year
FY2020−$71K
FY2021$67K
FY2022$34K
FY2023$19K
FY2024−$147K

From the FY2021 Form 990 (year ending July 2021) · figures checked against the IRS filing · see the original

Give Claim
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Oct 2014.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

85 cents of each dollar spent went to programs.

Program services 85% · $576K Management & general 8% · $54K Fundraising 7% · $45K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? The org can add a note here. Claim this org to fix it.

Who runs it and what they're paid

6 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Jeremy Alumbaugh
Cfc Managing
$0Pt VII · Sec A
Ed Duke
Vice Preside
$0Pt VII · Sec A
Sheldon Grizzle
Vice Preside
$0Pt VII · Sec A
Mark Harrison
President
$0Pt VII · Sec A
Mark Randolph
Vice Preside
$0Pt VII · Sec A
Sam Vinson
VP of Financ
$0Pt VII · Sec A
See Cf Academy INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Claim this org to fix it.

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Develops youth soccer skills through fun, teamwork, and dedication.

Questions for Cf Academy INC

Tap to ask. Cf Academy INC sees how many people are interested.

Your first name shows with your question. Cf Academy INC answers here, for everyone.

Provided by the organization

Know this organization? Claim it to add your story

1 program · $576K · in their own filed words · FY2020
01

Practice soccer, games and soccer tournaments

$576Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2023
Amazonsmile FoundationFY2023$76
Total grants receivedfrom 1 funder$76

By the numbers

The FY2021 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$814K
Ln 12
Fees for servicesLn 2g$683K
Gifts and grantsLn 1h$111K
Other incomeLn 4–11$20K
Money outPt IX
$675K
Ln 25
Programscol B$576K
Managementcol C$54K
Fundraisingcol D$45K
Owns and owesPt X
$67K
net assets · Ln 32
Cash and savingsLn 1–2$332K
Total assetsLn 16$375K
LiabilitiesLn 26$308K
PeoplePt VI, VII
6
listed · VII A
PaidVII A0
Voting boardVI 1a6
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$111K
Government grantsLn 1e$111K
Fees for servicesLn 2g$683K
Investment incomeLn 3$37
Other incomeLn 4–11$20K
Total revenueLn 12$814K
Assets in detailPt X, end of year
CashLn 1$332K
Cash and savings togetherLn 1–2$332K
Total assetsLn 16$375K
LiabilitiesLn 26$308K
Net assetsLn 32$67K
OperationsPt I, VI
EmployeesI 571
VolunteersI 650
Fiscal year endsHeaderJuly
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$209K$332K
Total assetsLn 16$219K$375K
LiabilitiesLn 26$291K$308K
Net assetsLn 32−$71K$67K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$440K$358K$39K$43K
Management feesLn 11a$6K$6K
Accounting feesLn 11c$6K$6K
Advertising and promotionLn 12$6K$4K$2K$120
Office expensesLn 13$5K$2K$3K
OccupancyLn 16$2K$2K
InsuranceLn 23$16K$15K$1K
Other expenses (24a–d)Ln 24$159K$159K
All other expensesLn 24e$34K$32K$44$2K
Total functional expensesLn 25$675K$576K$54K$45K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $977K$1.2M−$202K−$147K 990 PDF
FY2023 $885K$900K−$15K$19K 990 PDF
FY2022 $896K$929K−$33K$34K 990 PDF
FY2021 Viewing $814K$675K$139K$67K 990 PDF
FY2020 $610K$541K$69K−$71K 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (6 parts)
Part I · Summary $814,405 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $67,030$111,385
I-9 Program service revenuePrior year $543,393$683,179
I-10 Investment incomePrior year $23$37
I-11 Other revenue$19,804
I-12 Total revenuePrior year $610,446$814,405
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $385,944$440,216
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $155,250$235,252
I-18 Total expensesPrior year $541,194$675,468
I-19 Revenue less expensesPrior year $69,252$138,937
Part VI · Governance 6 of 6 board members independent, 4 to look at
VI-1a Voting members of the governing body6
VI-1b Independent voting members6
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $814,405 across 6 lines filed
VIII-1e Government grants$111,385
VIII-1h Total contributions, gifts and grants$111,385
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $683,179$683,179
VIII-3 Investment incomeRelated to mission $37$37
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $19,804$19,804
VIII-12 Total revenueRelated to mission $703,020$814,405
Part IX · Statement of functional expenses $675,468 across 9 lines filed
IX-7 Other salaries and wagesPrograms $358,036 · Management $39,065 · Fundraising $43,115$440,216
IX-11a Management feesPrograms $6,082$6,082
IX-11c Accounting feesManagement $6,500$6,500
IX-12 Advertising and promotionPrograms $3,633 · Management $2,098 · Fundraising $120$5,851
IX-13 Office expensesPrograms $2,143 · Management $3,189$5,332
IX-16 OccupancyManagement $2,000$2,000
IX-23 InsurancePrograms $15,089 · Management $1,355$16,444
IX-24 Other expenses (24a–d)Programs $159,172$159,172
IX-24e All other expensesPrograms $32,249 · Management $44 · Fundraising $1,578$33,871
IX-25 Total functional expensesPrograms $576,404 · Management $54,251 · Fundraising $44,813$675,468
Part X · Balance sheet $374,986 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $209,302$332,338
X-4 Accounts receivableStart of year $7,975$25,353
X-9 Prepaid expenses and deferred chargesStart of year $1,808$17,295
X-16 Total assetsStart of year $219,085$374,986
X-17 Accounts payable and accrued expensesStart of year $6,123$5,410
X-19 Deferred revenueStart of year $244,636$302,127
X-26 Total liabilitiesStart of year $290,573$307,537
X-32 Total net assets or fund balancesStart of year −$71,488$67,449
X-33 Total liabilities and net assetsStart of year $219,085$374,986
Part XI · Reconciliation of net assets $67,449 net assets at year end
XI-1 Total revenue$814,405
XI-2 Total expenses$675,468
XI-3 Revenue less expenses$138,937
XI-4 Net assets at start of year−$71,488
XI-10 Net assets at end of year$67,449

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.