FC GREATER BOSTON BOLTS INC (EIN 823700441) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2018

Legal Domicile

Principal Officer

MARCUS KOOLMAN

Phone

5082717017

Tax Period

2024-08-01 to 2025-07-31

FC GREATER BOSTON BOLTS INC, founded in 2018, is a community nonprofit in the Recreation & Sports sector that reported $8.4M in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $8.1M left a modest 4% surplus.

Mission

TO DEVELOP EXCEPTIONAL SOCCER PLAYERS THAT ARE PREPARED TO COMPETE AT THE COLLEGIATE, NATIONAL OR PROFESSIONAL LEVEL, BY PROVIDING THE HIGHEST QUALITY SOCCER RESOURCES, SUPERIOR TECHNICAL CURRICULUM, COMPETITIVE ATHLETIC PROGRAMS AND PERSONAL GROWTH OPPORTUNITIES THAT SUPPORT A SUCCESSFUL FUTURE.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $238,333

Program Service Revenue $8,179,480

Investment Income $1,932

Other Revenue $17,953

TOTAL REVENUE $8,437,698

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,792,314

Fundraising Expenses $104,935

Program Expenses $7,103,826

Other Expenses $4,326,983

TOTAL EXPENSES $8,119,297

Year-over-Year Comparison

	2024	2023	Change
Revenue	$8,437,698	$7,664,384	+0.1%
Expenses	$8,119,297	$7,145,486	+0.1%
Net Income	$318,401	$518,898	-0.4%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

102

Volunteers

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

$242,233

Total Directors

$242,233

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROBERT BLACKBURN	PRESIDENT	1.00	Officer Director	$0	$0	$0
SCOTT MATTHEWS	CLERK/GENERAL MANAGER	1.00	Officer Director	$0	$0	$0
MARCUS KOOLMAN	EXECUTIVE DIRECTOR	40.00	Officer Director	$152,233	$0	$152,233
SMITH UTUBOR	TREASURER	20.00	Officer Director	$90,000	$0	$90,000
JEFFREY SUNG	DIRECTOR	1.00	Director	$0	$0	$0
CHRISTOPHER HABERSAAT	DIRECTOR	1.00	Director	$0	$0	$0
DON WHITAKER	REGIONAL DIRECTOR	40.00	Highest	$164,218	$0	$164,218
GREIG ROBERTSON	TECHNICAL DIRECTOR	40.00	Highest	$132,250	$0	$132,250
SEAN NAPIER	MLS NEXT DIRECTOR	1.00	Highest	$100,685	$0	$100,685

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
2025	$8,437,698	$8,119,297	$3,048,062	$318,401
2024	$7,664,384	$7,145,486	$2,694,409	$518,898
2023	$6,112,204	$6,399,927	$2,292,654	$-287,723
2022	$5,392,273	$5,460,540	$1,933,967	$-68,267
2021	$4,394,146	$4,037,974	$2,031,355	$356,172
2020	$2,067,147	$2,115,918	$1,468,022	$-48,771
2020	$2,067,422	$2,129,638	$1,468,022	$-62,216
2019	$2,691,968	$2,895,529	$1,037,163	$-203,561
2018	$473,573	$1,384,835	$447,967	$-911,262

FC GREATER BOSTON BOLTS INC