Nonprofit · EIN 83-4522850
CAROLINAS FOOTBALL CLUB
Also known as CHARLOTTE INDEPENDENCE SOCCER CLUB
Tax-exempt · CORNELIUS, NC 28031
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| May 31, 2025 | 990 | $10,659,313 | $10,128,291 | $531,022 | $2,202,943 | $2,433,229 | -$230,286 |
| May 31, 2024 | 990 | $9,527,517 | $9,960,652 | -$433,135 | $1,612,445 | $2,373,749 | -$761,304 |
| May 31, 2023 | 990 | $10,707,184 | $10,635,905 | $71,279 | $2,327,098 | $2,655,270 | -$328,172 |
Financial details: 990 for the year ended May 31, 2025
Revenue
- Contributions, gifts and grants
- $25,000
- of which government grants
- $25,000
- Program service revenue
- $10,324,911
- Investment income
- $8,456
- Other revenue
- $300,946
Expenses
- Grants and similar amounts paid
- $211,569
- Other salaries and wages
- $4,915,961
- Salaries, compensation and benefits (total)
- $5,630,635
- Professional fundraising fees
- $0
- Legal fees
- $33,661
- Accounting fees
- $156,414
- Occupancy
- $178,752
- Travel
- $193,642
- Depreciation
- $29,267
- Program services (functional)
- $9,971,877
- Management and general (functional)
- $156,414
Balance sheet and other
- Total assets, start of year
- $1,612,445
- Total assets, end of year
- $2,202,943
- Total liabilities, end of year
- $2,433,229
- Net assets, end of year
- -$230,286
- Land, buildings and equipment
- $33,128
- Net assets without donor restrictions
- -$230,286
- Gross receipts
- $10,659,313
- Employees
- 235
- Volunteers
- 920
- Year formed
- 2018
- State of legal domicile
- NC
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended May 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| THOMAS FINLAY | CEO Officer | 40 | $309,490 |
| JULIE CARR | CHAIR Trustee or director, Officer | 4 | $0 |
| WILLIAM BRAY | VICE CHAIR Trustee or director, Officer | 4 | $0 |
| CAITLIN MOEN | SECRETARY Trustee or director, Officer | 4 | $0 |
| REX BELL | TREASURER Trustee or director, Officer | 4 | $0 |
| PATRICK CONDON | BOARD MEMBER Trustee or director | 4 | $0 |
| JOSHUA DOBI | BOARD MEMBER Trustee or director | 4 | $0 |
| PAT COOK | BOARD MEMBER Trustee or director | 4 | $0 |
990 for the year ended May 31, 2024: 8 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| THOMAS FINLAY | CEO Officer | 40 | $273,315 | $20,798 |
| JULIE CARR | CHAIR OF HTE Trustee or director | 2 | $0 | $0 |
| PAT COOK | VICE PRESIDE Trustee or director, Officer | 2 | $0 | $0 |
| REX BELL | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| CAITLIN MOEN | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| KEVIN MCMAHAN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| WILLIAM BRAY | DIRECTOR Trustee or director | 2 | $0 | $0 |
| PATRICK CONDON | DIRECTOR Trustee or director, Officer | 2 | $0 | $0 |
990 for the year ended May 31, 2023: 10 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| THOMAS FINLAY | CEO Officer | 40 | $324,631 | $19,929 |
| CHAD METZLER | COO Officer | 40 | $116,365 | $19,929 |
| DAVE CARTON | TECH DIR Officer | 40 | $116,411 | $12,235 |
| PATRICK CONDON | PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| PAT COOK | VICE PRESIDE Trustee or director, Officer | 2 | $0 | $0 |
| REX BELL | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| CAITLIN MOEN | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| JULIE CARR | DIRECTOR Trustee or director | 2 | $0 | $0 |
| SANDRA GASTON | DIRECTOR Trustee or director | 2 | $0 | $0 |
| WILLIAM BRAY | DIRECTOR Trustee or director | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 11034 BAILEY RD, CORNELIUS, NC 28031-9106
- In care of
- % THOMAS FINLAY
- Principal officer (990 for 2024)
- THOMAS FINLAY, 14903 DUNBETH DR, HUNTERSVILLE, NC 28078
- Signed the 990
- THOMAS FINLAY, CEO
- Phone
- (704) 894-9995
- Website
- WWW.INDEPENDENCESOCCER.CLUB
- Return prepared by
- LADD MCCALL & ASSOCIATES CPAS PA
Mission
MISSION IS TO DEVELOP, PROMOTE AND ADMINISTER THE GAME OF SOCCER BY USING THE KEY VALUES OF CHARACTER, COMMITMENT, COMMUNITY, COMPETITION AND COMMUNICATION AS THE GUIDING PRINCIPALS TO ACHIEVE SUCCESS AND PROVIDE AN EXCEPTIONAL EXPERIENCE WHILE ALSO DEVELOPING AND PROMOTING LIFE LESSONS AND VALUES.
Program accomplishments
- TEACH THE GAME OF SOCCER, SPONSOR YOUTH TEAMS IN THE NC YOUTH SOCCER ASSOCIATION LEAGUE AND PROVIDE CLINICS FOR COACHES AND REFEREES.Expenses $9,613,400 · grants $211,569 · revenue $9,628,441
- TEACH THE GAME OF SOCCER BY HOSTING TOURNAMENTS FOR YOUTH TEAMS.Expenses $358,477 · revenue $696,469
- N/A
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in May, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | May 31, 2026 | October 15, 2026 | Not on file |
| 2024 | May 31, 2025 | October 15, 2025 | 990 on file |
| 2023 | May 31, 2024 | October 15, 2024 | 990 on file |
IRS record
- EIN
- 83-4522850
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2020
- Accounting year ends
- May
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Recreation and sports (N64)
- Assets (IRS master file)
- $2,202,943
- Income (IRS master file)
- $10,659,313
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | May 2025 | $10,659,313 | $10,128,291 | $2,202,943 | XML |
| 990 | May 2024 | $9,527,517 | $9,960,652 | $1,612,445 | XML |
| 990 | May 2023 | $10,707,184 | $10,635,905 | $2,327,098 | XML |
| 990 | May 2022 | $8,219,866 | $8,170,763 | $1,019,941 | IRS |
| 990 | May 2021 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 83-4522850).
Questions about CAROLINAS FOOTBALL CLUB
- What is the EIN of CAROLINAS FOOTBALL CLUB?
- The employer identification number (EIN) of CAROLINAS FOOTBALL CLUB is 83-4522850.
- Is CAROLINAS FOOTBALL CLUB tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
- Are donations to CAROLINAS FOOTBALL CLUB tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CAROLINAS FOOTBALL CLUB file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of CAROLINAS FOOTBALL CLUB due?
- The return for tax year 2025 (the year ending May 31, 2026) is due October 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CAROLINAS FOOTBALL CLUB last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended May 2025.
- Who is the principal officer of CAROLINAS FOOTBALL CLUB?
- The 990 for the year ended May 31, 2025 names THOMAS FINLAY.
- Who are the officers and directors of CAROLINAS FOOTBALL CLUB?
- The 990 for the year ended May 31, 2025 lists 8 people; 1 received compensation from the organization, the highest $309,490 (THOMAS FINLAY, CEO).
- How much revenue does CAROLINAS FOOTBALL CLUB have?
- On its 990 for the year ended May 31, 2025 it reported revenue of $10,659,313, expenses of $10,128,291 and total assets of $2,202,943 at year end.
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All nonprofits in CORNELIUS · North Carolina · Recreation and sports