Skip to main content

Nonprofit · EIN 47-3508771

CHATTANOOGA FC FOUNDATION

Tax-exempt · CHATTANOOGA, TN 37404

Financials

$1.5M$1.4M2023$1.8M$1.5M2024
Revenue Expenses · by fiscal year end
Financials of CHATTANOOGA FC FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,787,686$1,503,721$283,965$4,037,943$140,568$3,897,375
December 31, 2023990$1,513,228$1,397,390$115,838$3,752,722$139,312$3,613,410
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,204,887
Program service revenue
$279,726
Investment income
$127,012
Other revenue
$176,061

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$626,373
Salaries, compensation and benefits (total)
$679,028
Professional fundraising fees
$0
Accounting fees
$131,191
Occupancy
$41,122
Depreciation
$51,238
Program services (functional)
$1,200,326
Management and general (functional)
$292,587
Fundraising (functional)
$10,808

Balance sheet and other

Total assets, start of year
$3,752,722
Total assets, end of year
$4,037,943
Total liabilities, end of year
$140,568
Net assets, end of year
$3,897,375
Land, buildings and equipment
$1,384,931
Net assets without donor restrictions
$1,871,572
Net assets with donor restrictions
$2,025,803
Gross receipts
$1,787,686
Employees
23
Year formed
2015

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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
FRANK BROCKSECRETARY
Trustee or director, Officer
–$0
HANNAH GRIGGSBOARD MEMBER
Trustee or director, Officer
–$0
SHELDON GRIZZLEVICE PRESIDE
Trustee or director
–$0
DARYL HEALDPRESIDENT
Trustee or director, Officer
–$0
TRIPP JOHNSTONBOARD MEMBER
Trustee or director
–$0
JOHN MIGLARESECHAIRMAN
Trustee or director, Officer
–$0
TYLER SIIRATREASURER
Trustee or director, Officer
–$0
990 for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensation
FRANK BROCKSECRETARY
Trustee or director, Officer
–$0
KRUE BROCKCHAIRMAN
Trustee or director, Officer
–$0
HANNAH GRIGGSBOARD MEMBER
Trustee or director, Officer
–$0
SHELDON GRIZZLEVICE PRESIDE
Trustee or director
–$0
DARYL HEALDPRESIDENT
Trustee or director, Officer
–$0
TRIPP JOHNSTONBOARD MEMBER
Trustee or director
–$0
TYLER SIIRATREASURER
Trustee or director, Officer
–$0

Address and contacts

Address (IRS master file)
2011 KIRBY AVE, CHATTANOOGA, TN 37404-3616
Mailing address (990-N for 2015)
1271 Market Street Suite C, Chattanooga TN 37402
Principal officer (990 for 2024)
JOHN MIGLARESE
Principal officer (990-N for 2015)
Krue Brock, 1331 Scenic Highway, Lookout Mountain GA 30750
Signed the 990
JOHN MIGLARESE, CHAIRMAN
Phone
(706) 987-4565
Return prepared by
THE WALLS GROUP

Mission

CHATTANOOGA FC FOUNDATION IS AN AFTER SCHOOL AND SUMMER SOCCER PROGRAM THAT SEEKS TO DEVELOP CREATIVITY, DISCIPLINE, SOCIAL SKILLS AND TEAM BUILDING OF ITS YOUTH THROUGH THE POWERFUL AVENUE OF SOCCER.

990 for the year ended December 31, 2024

Program accomplishments

  • THE FOUNDATION USED CHATTANOOGA SPORTS MINISTRIES AND OPERATION GET ACTIVE PROGRAMS IN CLOSE PARTNERSHIP WITH LOCAL CHURCHES, SCHOOLS AND RECREATIONAL CENTERS TO LEAD YOUTH AND FAMILIES IN ECONOMICALLY OR CULTURALLY CHALLENGED NEIGHBORHOODS IN THE CHATTANOOGA COMMUNITY TO REACH NEW HEIGHTS BY FOSTERING RELATIONSHIPS AND ENCOURAGING HEALTHY LIFESTYLES THROUGH SOCCER. THIS UNIQUE AND EFFECTIVE WAY OF INVESTING IN CHILDREN'S DEVELOPMENT INSTIGATED SOCIAL CHANGE AND HELPED BUILD A STRONGER COMMUNITY. IN 2018, THE FOUNDATION WORKED WITH YOUNG PEOPLE IN 26 SCHOOLS, 10 REC CENTERS AND 4 NEIGHBORHOODS. THE FOUNDATION ALSO MANAGED HIGHLAND PARK COMMONS WHICH PROVIDED A SAFE AND HEALTHY ENVIRONMENT FOR MORE THAN A THOUSAND PEOPLE FROM 24 DIFFERENT COUNTRIES TO COME TOGETHER AND BUILD COMMUNITY BY PLAYING SOCCER.
    Expenses $1,200,326
  • CHATTANOOGA FC FOUNDATION IS AN AFTER SCHOOL AND SUMMER SOCCER PROGRAM THAT SEEKS TO DEVELOP CREATIVITY, DISCIPLINE, SOCIAL SKILLS AND TEAM BUILDING OF ITS YOUTH THROUGH THE POWERFUL AVENUE OF SOCCER.

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 December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
47-3508771
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2016
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$4,037,943
Income (IRS master file)
$1,787,686

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,787,686$1,503,721$4,037,943IRS
990December 2023$1,513,228$1,397,390$3,752,722XML
990December 2022$3,951,903$1,329,648$3,186,034IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––IRS
990December 2017–––IRS
990-N for 2015
Officer: Krue Brock
December 31, 2015≤ $50,000 receipts––e-Postcard

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 47-3508771).

Questions about CHATTANOOGA FC FOUNDATION

What is the EIN of CHATTANOOGA FC FOUNDATION?
The employer identification number (EIN) of CHATTANOOGA FC FOUNDATION is 47-3508771.
Is CHATTANOOGA FC FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
Are donations to CHATTANOOGA FC FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does CHATTANOOGA FC FOUNDATION 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 CHATTANOOGA FC FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did CHATTANOOGA FC FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of CHATTANOOGA FC FOUNDATION?
The 990 for the year ended December 31, 2024 names JOHN MIGLARESE.
Who are the officers and directors of CHATTANOOGA FC FOUNDATION?
The 990 for the year ended December 31, 2024 lists 7 people; 0 received compensation from the organization.
How much revenue does CHATTANOOGA FC FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,787,686, expenses of $1,503,721 and total assets of $4,037,943 at year end.

Other nonprofits in CHATTANOOGA

All nonprofits in CHATTANOOGA · Tennessee · Recreation and sports