CCFC Academy

EIN: 934783902 501(c)(3) Recreation & Sports

High Point, NC

Total Revenue
$1,379,593
Total Expenses
$962,016
Total Assets
$470,510
Net Assets
$452,349
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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
2023
Legal Domicile
NC
Principal Officer
Leah Hazelwood
Phone
9414479693
Tax Period
2024-07-01 to 2025-06-30

CCFC Academy, founded in 2023, is a community nonprofit in the Recreation & Sports sector that reported $1.4M in total revenue in fiscal year 2024. Revenue surged 372% from the prior year, signaling strong growth momentum. The organization ran a surplus of $418K, a strong 30% operating margin.

Mission

Carolina Core FC Academy is committed to creating a level playing field where every child, regardless of their socioeconomic background, can chase their aspirations of a professional soccer career

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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 $1,336,915
Program Service Revenue $0
Investment Income $42,678
Other Revenue $0
TOTAL REVENUE $1,379,593

Expense Breakdown

Grants Paid $0
Salaries & Benefits $595,240
Fundraising Expenses $940
Program Expenses $496,165
Other Expenses $366,776
TOTAL EXPENSES $962,016

Year-over-Year Comparison

2024 2023 Change
Revenue $1,379,593 $292,233 +3.7%
Expenses $962,016 $257,461 +2.7%
Net Income $417,577 $34,772 +11.0%
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

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Governance

Voting Members
11
Independent Members
N/A
Employees
17
Volunteers
N/A

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
0
$0
Total Directors
1
$100,000
Key Employees
1
$100,000
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
George Pope Key Employee 020.00
Director Key Emp
$100,000 $0 $100,000
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 $1,379,593 $962,016 $470,510 $417,577
2024 $292,233 $257,461 $45,535 $34,772
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