UNION 1858 FC

EIN: 883194692 501(c)(3) Recreation & Sports

PLYMOUTH, MN

Total Revenue
$1,101,648
Total Expenses
$1,337,169
Total Assets
$577,764
Net Assets
$-79,558
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2022
Legal Domicile
MN
Principal Officer
RICH WADE
Phone
9524759178
Tax Period
2024-08-01 to 2025-07-31

UNION 1858 FC, founded in 2022, is a community nonprofit in the Recreation & Sports sector that reported $1.1M in total revenue in fiscal year 2024. Revenue fell 33% from the prior year — a significant decline worth monitoring. Expenses of $1.3M exceeded revenue, resulting in a 21% operating deficit.

Mission

TO ESTABLISH AN ELITE LEVEL PROGRAM WITH A DISTINCT CULTURE OF EXCELLENCE THAT ALLOWS PLAYERS TO REACH THEIR FULLEST POTENTIAL BOTH ON AND OFF THE FIELD. WE PRIDE OURSELVES IN GETTING OUR PLAYERS TO THE NEXT LEVEL, WHICH INCLUDES HIGH SCHOOL, COLLEGIATE, AND PROFESSIONAL LEVELS.

Program Service Accomplishments

Program 1
Expenses: $1,244,138 Revenue: $1,070,670

ELITE TEAMS - PURPOSE IS TO HAVE AN ELITE LEVEL PROGRAM WITH A DISTINCT CULTURE OF EXCELLENCE THAT ALLOWS PLAYERS TO REACH THEIR FULLEST POTENTIAL ON AND OFF THE FIELD. GETTING PLAYERS TO THE NEXT...

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ELITE TEAMS - PURPOSE IS TO HAVE AN ELITE LEVEL PROGRAM WITH A DISTINCT CULTURE OF EXCELLENCE THAT ALLOWS PLAYERS TO REACH THEIR FULLEST POTENTIAL ON AND OFF THE FIELD. GETTING PLAYERS TO THE NEXT LEVEL, INCLUDING HIGH SCHOOL, COLLEGE AND PROFESSIONAL. TEAMS RECEIVE APPROXIMATELY 3-4 "TOUCHES" EACH WEEK DEPENDING ON TIME OF YEAR. THESE INCLUDE PRACTICES AND COMPETITIONS. FITNESS & RECOVERY ARE A PART OF OUR TRAINING MODEL AND PROVIDED OVER AND ABOVE "TOUCHES". COLLEGE ADVISORY IS ALSO A PART OF THE PROGRAM. 280 PLAYERS ARE CURRENTLY INVOLVED.

Program 2
Expenses: $5,625 Revenue: $21,000

CAMPS -CAMPS ARE RUN PRIMARILY DURING THE SUMMER AND ARE A WINDOW INTO OUR PROGRAMMING. THEY PROVIDE ADDITIONAL TRAINING OPPORTUNITIES FOR BOTH OUR CURRENT PLAYERS AS WELL AS PLAYERS OUTSIDE OF OUR...

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CAMPS -CAMPS ARE RUN PRIMARILY DURING THE SUMMER AND ARE A WINDOW INTO OUR PROGRAMMING. THEY PROVIDE ADDITIONAL TRAINING OPPORTUNITIES FOR BOTH OUR CURRENT PLAYERS AS WELL AS PLAYERS OUTSIDE OF OUR CLUB. CAMP DAYS ARE 3-4 DEPENDING. 400+ CAMPERS ARE SERVED.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $1,091,670
Investment Income $9,833
Other Revenue $145
TOTAL REVENUE $1,101,648

Expense Breakdown

Grants Paid $0
Salaries & Benefits $685,673
Fundraising Expenses $0
Program Expenses $1,249,763
Other Expenses $651,496
TOTAL EXPENSES $1,337,169

Year-over-Year Comparison

2024 2023 Change
Revenue $1,101,648 $1,636,922 -0.3%
Expenses $1,337,169 $1,711,446 -0.2%
Net Income $-235,521 $-74,524 +2.2%
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

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Liquidity & Cash Position

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Governance

Voting Members
5
Independent Members
5
Employees
30
Volunteers
18

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
3
$102,493
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STEPHANIE FOSTER EXECUTIVE DIRECTOR 40.00
Officer
$101,893 $600 $102,493
RICH WADE PRESIDENT 1.00
Officer Director
$0 $0 $0
MONICA SLOAN TREASURER 1.00
Officer Director
$0 $0 $0
RAOUL BOOTON BOARD MEMBER 1.00
Director
$0 $0 $0
JEFF JOSEPHS BOARD MEMBER 1.00
Director
$0 $0 $0
BRIAN NICHOLSON BOARD MEMBER 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
2025 $1,101,648 $1,337,169 $577,764 $-235,521
2024 $1,636,922 $1,711,446 $426,273 $-74,524
2023 $1,179,156 $1,002,196 $435,708 $176,960
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