2024-07-15T12:55:06-07:00 2023-08-31 710972431 A FRANCIS & ASSOCIATES INC 14 PENN PLAZA 225 W 34TH ST STE 941 NEW YORK NY 10122 990 2022-09-01 134035082 Metropolitan Oval Foundation Inc METR 6464171499 238 Berkeley Place Brooklyn NY 11217 Christopher Welch CFO 2024-07-15 true Christopher Welch 999009999 true Anthony T Francis P00238184 2122622262 2 AAL1 IAL1 FAL1 2022 2023-04-26 12:10:37Z Christopher Welch 238 Berkeley Place Brooklyn NY 11217 2031592 false X www.metropolitanoval.org X 1998 NY To promote, support, and develop Youth Soccer in NYC. 8 8 6 8 0 241204 109360 1472456 1912563 671 9669 0 1714331 2031592 0 0 848604 817775 0 13704 846154 1275286 1694758 2093061 19573 -61469 2289775 2227323 1091299 1090316 1198476 1137007 To promote, support, and develop Youth Soccer in NYC. false false 1885837 Development of youth soccer in NYC. Includes the training of young people to compete in amateur soccer in local, regional, and international competition. Also to save and preserve as a soccer field, The Metropolitan Oval located in Maspeth, New York. As part of its training programs, the foundation rents the field to high schools, colleges, and various youth organizations. 1885837 true false false false false false false false false false true false false false true true false false false false false false false false false false false false false false false false false true false false false false false false false false false false false false false true 0 0 false 6 false false false false false false false false 0 false false false false false false false X 8 8 false false false false false false false false false false false true false false false false false false X A Francis and Associates Inc 2122622262 330 West 58th Street Suite 214 New York NY 10019 Jeffrey Saunders Director 20.00 0.00 X 7000 0 0 Kim Wyant Director 1.00 0.00 X 0 0 0 Charles S Jacob Director 0.50 0.00 X 0 0 0 Alex Maffeo Director 0.50 0.00 X 0 0 0 Christopher Welch CFO 6.00 0.00 X 0 0 0 Charles R Jacob Chairman 2.00 0.00 X 0 0 0 Valerie Jacob Secretary 1.00 0.00 X 0 0 0 7000 0 false false false 0 109360 109360 Field Rental 711210 105890 105890 Player Fees 711210 1806673 1806673 1912563 9669 9669 0 0 0 0 0 0 0 0 2031592 1922232 0 0 0 0 7000 7000 0 746669 746669 0 0 64106 64106 0 0 0 0 0 0 173740 173740 0 14484 14484 0 0 4072 4072 533772 533772 0 0 12460 12460 0 81791 81791 0 League Registration and Fees 241555 241555 Coaches and Referees 70491 70491 Utilities 59738 59738 Computer Expense 18976 18976 64207 49279 1224 13704 2093061 1885837 193520 13704 889890 789365 0 0 0 0 0 0 0 9600 13924 2540408 1129287 1385115 1411121 0 0 0 0 5170 12913 2289775 2227323 144846 70871 49117 50501 266006 245200 631330 723744 1091299 1090316 X 1198476 1137007 1198476 1137007 2289775 2227323 -61469 X false true X true false X 235098 241204 109360 585662 0 0 235098 241204 109360 585662 0 585662 0 0 0 585662 X 0.00000 757361 757361 1745557 1123019 622538 37490 6268 31222 1411121 Mortgage Current Portion 20806 Unearned Revenue 702938 723744 X Part X : FIN48 Footnote Part X, line 2:Explanation: The organization had no liability for uncertain tax positions in accordance with Fin 48 (ASC 740). The accompanying footnote to the organization's financial statements disclosed that the matter has been assessed and that there was no liability to accrue. " The organization accounts for uncertain tax position in accordance with Financial Accounting Standards Board (FASB) ASC 740. FASB ASC 740 prescribes a recognition threshold and measurement process for financial statement recognition of uncertain tax positions taken or expected to be taken in a tax return. The interpretation also provides guidance on recognition, classification, interest and penalties, accounting in interim periods, disclosure and transition. The organization adopted the provisions of FASB ASC 740 on January 1, 2009. There was no impact on the total net assets as a result of the adoption of FASB ASC 740." Charles Jacob Director Cash Flo X 80000 false true false Schedule L, Part V Supplemental Information Schedule L, Part II:Loans to and from interested persons:A. Name of Person: Charles JacobC: Purpose of Loan: Cash Flow Form 990, Part VI, Section B, Line 11b The books that are used to prepare the Form 990 are prepared by an accounting firm that is separate from the CPA auditing firm that prepares the annual audit and financials for the organization. The accounting firm also prepares the Form 990.The CPA audit firm does its own testing of the books and provides an opinion before the tax returns are prepared and signed off on by the Treasurer of the organization. Form 990, Part VI, Section C, Line 19 No documents available to the public.