FC CINCINNATI FOUNDATION

EIN: 822861019 501(c)(3) Recreation & Sports

CINCINNATI, OH

Total Revenue
$2,569,478
Total Expenses
$2,122,314
Total Assets
$1,424,628
Net Assets
$1,201,801
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2017
Legal Domicile
OH
Principal Officer
JEFF BERDING
Phone
5139775435
Tax Period
2024-01-01 to 2024-12-31

FC CINCINNATI FOUNDATION, founded in 2017, is a community nonprofit in the Recreation & Sports sector that reported $2.6M in total revenue in fiscal year 2024. The organization ran a surplus of $447K, a strong 17% operating margin.

Mission

THE FC CINCINNATI FOUNDATION AIMS TO IMPROVE THE LIVES OF CHILDREN THROUGH SOCCER.

Program Service Accomplishments

Program 1
Expenses: $1,246,662

LEARNING IS COOL:THE PROGRAM STARTED BACK IN 2008 BY THE MARVIN LEWIS COMMUNITY FUND (MLCF) WITH A SIMPLE MESSAGE: EARN REWARDS FOR MAKING THE HONOR ROLL. OVER THE YEARS, THESE REWARDS, NO MATTER HOW...

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LEARNING IS COOL:THE PROGRAM STARTED BACK IN 2008 BY THE MARVIN LEWIS COMMUNITY FUND (MLCF) WITH A SIMPLE MESSAGE: EARN REWARDS FOR MAKING THE HONOR ROLL. OVER THE YEARS, THESE REWARDS, NO MATTER HOW LARGE OR SMALL, HAVE HAD A PROFOUND IMPACT ON STUDENTS' SELF-ESTEEM AND MOTIVATION. AFTER HOLDING FOCUS GROUPS WITH THE STUDENTS MLCF LEARNED THAT THEY FEEL GOOD WHEN SOMEONE IMPORTANT LIKE AN FC CINCINNATI PLAYER RECOGNIZE THEM FOR THEIR ACCOMPLISHMENTS. STUDENTS REACHING THE "A" HONOR ROLL TWO OR MORE TIMES ARE INVITED TO THE ACADEMIC ACHIEVEMENT CELEBRATION HELD AT THE CINCINNATI ZOO. THIS EVENT WAS THE TRANSITION POINT FROM MLCF TO FCCF IN 2019. FCCF IS HONORED TO TAKE ON THIS PROJECT AND TO CONTINUE THE LEGACY MARVIN LEWIS CREATED WITH THE PROGRAM. THE PROGRAM REACHED AROUND 24,862 STUDENTS ACROSS SIXTY SEVEN SCHOOLS IN 2024.

Program 2
Expenses: $190,671

MINI PITCH:FCCF WORKS WITH PARTNERS TO REVITALIZE UNDERUTILIZED TENNIS OR BASKETBALL COURTS, TURNING THEM INTO MINI SOCCER PITCHES, AND PROVIDING KIDS WITH A SAFE SPACE TO PLAY THE SPORT. THESE MINI...

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MINI PITCH:FCCF WORKS WITH PARTNERS TO REVITALIZE UNDERUTILIZED TENNIS OR BASKETBALL COURTS, TURNING THEM INTO MINI SOCCER PITCHES, AND PROVIDING KIDS WITH A SAFE SPACE TO PLAY THE SPORT. THESE MINI PITCHES ARE UTILIZED FOR FCCF AND OTHER PROGRAMMING ALONG WITH FREE PLAY FOR KIDS (AND ADULTS) IN THE NEIGHBORHOODS THEY SERVE. IN 2024, FC CINCINNATI FOUNDATION INVESTED IN ONE MINI PITCH BUILD IN THE CINCINNATI AREA (BOOKER T WASHINGTON). THIS INCLUDES NEW PITCH BUILDS, UPGRADES TO EXISTING MINI PITCHES, AND ACCRUALS FOR FUTURE MINI PITCH BUILDS.

Program 3
Expenses: $133,490

SOCCER UNITES:THIS PROGRAM HAS TWO COMPONENTS. THE FIRST COMPONENT HAS LOCAL KIDS PARTICIPATING IN A TWELVE WEEK SOCCER CURRICULUM AND RECEIVING FREE SOCCER EQUIPMENT WHILE LEARNING TO PLAY THE GAME...

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SOCCER UNITES:THIS PROGRAM HAS TWO COMPONENTS. THE FIRST COMPONENT HAS LOCAL KIDS PARTICIPATING IN A TWELVE WEEK SOCCER CURRICULUM AND RECEIVING FREE SOCCER EQUIPMENT WHILE LEARNING TO PLAY THE GAME AND LIVE AN ACTIVE LIFESTYLE. IN 2024, 11,610 CHILDREN WERE REACHED IN-PERSON. IN THE SECOND COMPONENT OF THE SOCCER UNITES PROGRAM, FC CINCINNATI CLUB AMBASSADOR OMAR CUMMINGS VISITS SCHOOLS THROUGHOUT THE REGION FOR GYM CLASS TAKE-OVERS WHERE HE AND FCCF STAFF TEACH KIDS TO PLAY SOCCER AND BUILD UPON PROGRAMMING AS KIDS IMPROVE. VISITS TAKE PLACE ONCE PER WEEK FOR A 4-6 WEEK PERIOD.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,568,436
Program Service Revenue $0
Investment Income $78
Other Revenue $964
TOTAL REVENUE $2,569,478

Expense Breakdown

Grants Paid $102,700
Salaries & Benefits $309,526
Fundraising Expenses $91,721
Program Expenses $1,967,373
Other Expenses $1,710,088
TOTAL EXPENSES $2,122,314

Year-over-Year Comparison

2024 2023 Change
Revenue $2,569,478 $2,659,754 0.0%
Expenses $2,122,314 $2,447,254 -0.1%
Net Income $447,164 $212,500 +1.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
22
Independent Members
22
Employees
N/A
Volunteers
213

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
7
$0
Total Directors
23
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BERDING JEFF DIRECTOR/PRESIDENT 5.00
Officer Director
$0 $0 $0
CARROLL DENNIS DIRECTOR/TREASURER (END 03/24) 5.00
Officer Director
$0 $0 $0
MACKEY SANDRA DIRECTOR/CHAIRPERSON 5.00
Officer Director
$0 $0 $0
SAMMARCO DR LAKSHMI DIRECTOR 5.00
Director
$0 $0 $0
SIMON NICHOLAS DIRECTOR/SECRETARY (END 05/24) 5.00
Officer Director
$0 $0 $0
BLAKE KEITH DIRECTOR 1.00
Director
$0 $0 $0
BLAKE KELLY DIRECTOR/VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
HARSH WILLIAM DIRECTOR (END 12/24) 1.00
Director
$0 $0 $0
KADON KARL DIRECTOR 1.00
Director
$0 $0 $0
LINDNER MARTHA DIRECTOR 1.00
Director
$0 $0 $0
LINDNER TABITHA DIRECTOR 1.00
Director
$0 $0 $0
MALLORY MARK DIRECTOR 1.00
Director
$0 $0 $0
PEPPER DAVID DIRECTOR 1.00
Director
$0 $0 $0
NEELY MANDY DIRECTOR 1.00
Director
$0 $0 $0
WANAMAKER STEVE DIRECTOR 1.00
Director
$0 $0 $0
WHITE BONNIE DIRECTOR 1.00
Director
$0 $0 $0
LARSON DON DIRECTOR 1.00
Director
$0 $0 $0
GAITHER CARTER DIRECTOR 1.00
Director
$0 $0 $0
KNUE CARLY DIRECTOR 1.00
Director
$0 $0 $0
SPAULDING DAVID DIRECTOR 1.00
Director
$0 $0 $0
MCGOWAN DAN DIRECTOR/TREASURER (BEG 08/24) 5.00
Officer Director
$0 $0 $0
WESTFALL ALLISON SECRETARY (BEG 05/24) 1.00
Officer Director
$0 $0 $0
LEDER SHELLIE DIRECTOR (BEG 05/24) 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $2,569,478 $2,122,314 $1,424,628 $447,164
2023 $2,659,754 $2,447,254 $903,529 $212,500
2022 $1,773,317 $1,486,771 $956,928 $286,546
2021 $1,507,019 $1,213,363 $616,697 $293,656
2020 $1,024,290 $1,025,180 $488,760 $-890
2019 $722,523 $742,887 $161,671 $-20,364
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