Civic Intelligence

Maximum Velocity Fc

990EZ • Fiscal year 2020 • EIN 81-1366743

Jan 01, 2020 to Dec 31, 2020 • Filed on Jun 06, 2021

24 Sawyer RoadLee, NH 03861

(603) 303-0665

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2020

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2020

Net Margin

74th percentile

25%

Higher net margin than 74% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2020

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2020

Assets

$96,169

No earlier filing loaded for comparison.

Net Assets

$96,169

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Revenue

$161,577

No earlier filing loaded for comparison.

Expenses

$120,731

No earlier filing loaded for comparison.

Net Income

$40,846

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$100K$50K$0Assets 2020: $96,169Net Assets 2020: $96,1692020Assets 2021: $84,069Net Assets 2021: $84,0692021Assets 2022: $11,441Net Assets 2022: $11,4412022Assets 2023: $12,641Liabilities 2023: $0Net Assets 2023: $12,6412023Assets 2024: $59,784Liabilities 2024: $0Net Assets 2024: $59,7842024

Highlighted filing

2020

Assets$96,169
Liabilities-
Net Assets$96,169

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$400K$300K$200K$100K$0-$100KRevenue 2020: $161,577Expenses 2020: $120,731Net Income 2020: $40,8462020Revenue 2021: $166,837Expenses 2021: $177,252Net Income 2021: -$10,4152021Revenue 2022: $184,810Expenses 2022: $253,475Net Income 2022: -$68,6652022Revenue 2023: $209,664Expenses 2023: $204,559Net Income 2023: $5,1052023Revenue 2024: $328,962Expenses 2024: $281,819Net Income 2024: $47,1432024

Highlighted filing

2020

Revenue$161,577
Expenses$120,731
Net Income$40,846
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Jun 6, 2021
Return Version
2020v4.0
Gross Receipts
$161,577
Mission and Program Overview

Mission

Maxium velocity fc is committed to providing a quality futsal and soccer training environment for dedicated players who are looking to advance to the next level. This will allow players to develop advanced skills, understand team work and engage in the highest levels of competition. Mvfc is committed to providing an enriched and drug free environment for our players, not only as competitive futsal and soccer players, but as community members and leaders. Mvfc will support and encourage each player's efforts to consistently strengthen their abilities and passion for the sports. Through hard work and dedication, maximum velocity fc players will improve their futsal and soccer skills which in turn will produce some of the finest competitive futsal and soccer teams.

Program Services

DescriptionGrantsExpenses
MAXUMUM VELOCITY FC IS COMMITTED TO PROVIDING A QUALITY FUTSAL AND SOCCER TRANING ENVIRONMENT FOR DEDICTED PLAYERS WHO ARE LOOKING TO ADVANCE TO THE NEXT LEVEL. THIS WILL ALLOW PLAYERS TO DEVELOP ADVANCED SKILLS, UNDERSTAND TEAM WORK AND ENGAGE IN THE HIGHEST LEVELS OF COMPETITION. MVFC IS COMMITTED TO PROVIDING AN ENRICHED AND DRUG FREE ENVIRONMENT FOR OUR PLAYERS, NOT ONLY AS COMPETITIVE FUTSAL AND SOCCER PLAYERS, BUT AS COMMUNITY MEMBERS AND LEADERS. MVFC WILL SUPPORT AND ENCOURAGE EACH PLAYER'S EFFORTS TO CONSISTENTLY STRENGTHEN THEIR ABILITIES AND PASSION FOR THE SPORTS. THROUGH HARD WORK AND DEDICATION, MAXIMUM VELOCITY FC PLAYERS WILL IMPROVE THEIR FUTSAL AND SOCCER SKILLS WHICH IN TURN WILL PRODUCE SOME OF THE FINEST COMPETITIVE FUTSAL AND SOCCER TEAMS.-$120,731
MAXIMUM VERLOCITY FC IS COMMITTTED TO PROVIDING A QUALITY FUTSAL AND SOCCER TRAINING ENVIRONMENT FOR DEDICATED PLAYERS WHO ARE LOOKINIG TO ADVANCE TO THE NEXT LEVEL. THIS WILL ALLOW PLAYERS TO DEVELOP ADVANCED SKILLS, UNDERSTAND TEAM WORK AND ENGAGE IN THE HIGHEST LEVELS OF COMPETITION. MVFC IS COMMITTED TO PROVIDE AND ENRICHED A DRUG FREE ENVIRONMENT FOR OUR PLAYERS NOT ONLY AS COMPETITOIVE FUTSAL AND SOCCEER PLAYERS, BUT AS COMMUNITY MEMBERS AND LEADERS. MVFC WILL SUPPORT AND ENCOURAGE EACH PLAYER'S EFFORTS TO CONSISTENTLY STRENGTHEN THEIR ABILITIES AND PASSION FOR THE SPORTS. THROUGH HARD WORK AND DEDICATION, MAXIMUM VELOCITY FC PLAYERS WILL IMPROVE THEIR FUTSAL AND SOCCEER SKILLS WHICH IN TURN WILL PRODUCE SOME OF THE FINEST COMPETIVE FUTSAL AND SOCCER TEAMS.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
M GEOFFREY CARLTON IIPresident-$0--
JEAN NELSONSecretary-$0--
CHRIS MELINOVice Preside-$0--
PAUL LYNCHTreasurer-$0--
PAT COTTERMember At La-$0--
Filing and Contact Details

Filer

Filer Name
Maximum Velocity Fc
EIN
81-1366743
Phone
6033030665
Address
24 SAWYER ROAD, LEE, NH 03861

Signing Officer

Name
M Geoffrey Carlton Ii
Title
President
Phone
6033030665
Signed
2021-06-06

Preparer

Firm
Weidema Lavin & Grott Accounting Pc
Address
TWO INTERNATIONAL DRIVE SUITE 225, PORTSMOUTH, NH 03801-6810
Preparer
Ellen M Lavin
Phone
6037661968
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses advertising and promotion 18,242 office 7,785 travel 99 insurance 3,211 coaches 34,376 soccer equipment 10,766 league fees 32,940 rent 3,505 tournament fees 3,100 light rental 2,100 supplies 848 bank charges 46 meals @ 50% 388 referee pay 2,500 state fees 75 total 119,981

Form 990-ez, Part I, Line 20

MEALS @ 50% -388

Form 990-ez, Part II, Line 24

Grants receivable 0 1,000 total 0 1,000

Form 990-ez, Part II, Line 26

Loan from officer 4,000 0

Form 990-ez, Part III

Maxium velocity fc is committed to providing a quality futsal and soccer training environment for dedicated players who are looking to advance to the next level. This will allow players to develop advanced skills, understand team work and engage in the highest levels of competition. Mvfc is committed to providing an enriched and drug free environment for our players, not only as competitive futsal and soccer players, but as community members and leaders. Mvfc will support and encourage each player's efforts to consistently strengthen their abilities and passion for the sports. Through hard work and dedication, maximum velocity fc players will improve their futsal and soccer skills which in turn will produce some of the finest competitive futsal and soccer teams.

Form 990-ez, Part III, Line 28

Maximum verlocity fc is committted to providing a quality futsal and soccer training environment for dedicated players who are lookinig to advance to the next level. This will allow players to develop advanced skills, understand team work and engage in the highest levels of competition. Mvfc is committed to provide and enriched a drug free environment for our players not only as competitoive futsal and socceer players, but as community members and leaders. Mvfc will support and encourage each player's efforts to consistently strengthen their abilities and passion for the sports. Through hard work and dedication, maximum velocity fc players will improve their futsal and socceer skills which in turn will produce some of the finest competive futsal and soccer teams.

Form 990-ez, Part III, Line 31

Maxumum velocity fc is committed to providing a quality futsal and soccer traning environment for dedicted players who are looking to advance to the next level. This will allow players to develop advanced skills, understand team work and engage in the highest levels of competition. Mvfc is committed to providing an enriched and drug free environment for our players, not only as competitive futsal and soccer players, but as community members and leaders. Mvfc will support and encourage each player's efforts to consistently strengthen their abilities and passion for the sports. Through hard work and dedication, maximum velocity fc players will improve their futsal and soccer skills which in turn will produce some of the finest competitive futsal and soccer teams.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING AND PROMOTION 18,242 OFFICE 7,785 TRAVEL 99 INSURANCE 3,211 COACHES 34,376 SOCCER EQUIPMENT 10,766 LEAGUE FEES 32,940 RENT 3,505 TOURNAMENT FEES 3,100 LIGHT RENTAL 2,100 SUPPLIES 848 BANK CHARGES 46 MEALS @ 50% 388 REFEREE PAY 2,500 STATE FEES 75 TOTAL 119,981
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MEALS @ 50% -388
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GRANTS RECEIVABLE 0 1,000 TOTAL 0 1,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3LOAN FROM OFFICER 4,000 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4MAXIUM VELOCITY FC IS COMMITTED TO PROVIDING A QUALITY FUTSAL AND SOCCER TRAINING ENVIRONMENT FOR DEDICATED PLAYERS WHO ARE LOOKING TO ADVANCE TO THE NEXT LEVEL. THIS WILL ALLOW PLAYERS TO DEVELOP ADVANCED SKILLS, UNDERSTAND TEAM WORK AND ENGAGE IN THE HIGHEST LEVELS OF COMPETITION. MVFC IS COMMITTED TO PROVIDING AN ENRICHED AND DRUG FREE ENVIRONMENT FOR OUR PLAYERS, NOT ONLY AS COMPETITIVE FUTSAL AND SOCCER PLAYERS, BUT AS COMMUNITY MEMBERS AND LEADERS. MVFC WILL SUPPORT AND ENCOURAGE EACH PLAYER'S EFFORTS TO CONSISTENTLY STRENGTHEN THEIR ABILITIES AND PASSION FOR THE SPORTS. THROUGH HARD WORK AND DEDICATION, MAXIMUM VELOCITY FC PLAYERS WILL IMPROVE THEIR FUTSAL AND SOCCER SKILLS WHICH IN TURN WILL PRODUCE SOME OF THE FINEST COMPETITIVE FUTSAL AND SOCCER TEAMS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5MAXIMUM VERLOCITY FC IS COMMITTTED TO PROVIDING A QUALITY FUTSAL AND SOCCER TRAINING ENVIRONMENT FOR DEDICATED PLAYERS WHO ARE LOOKINIG TO ADVANCE TO THE NEXT LEVEL. THIS WILL ALLOW PLAYERS TO DEVELOP ADVANCED SKILLS, UNDERSTAND TEAM WORK AND ENGAGE IN THE HIGHEST LEVELS OF COMPETITION. MVFC IS COMMITTED TO PROVIDE AND ENRICHED A DRUG FREE ENVIRONMENT FOR OUR PLAYERS NOT ONLY AS COMPETITOIVE FUTSAL AND SOCCEER PLAYERS, BUT AS COMMUNITY MEMBERS AND LEADERS. MVFC WILL SUPPORT AND ENCOURAGE EACH PLAYER'S EFFORTS TO CONSISTENTLY STRENGTHEN THEIR ABILITIES AND PASSION FOR THE SPORTS. THROUGH HARD WORK AND DEDICATION, MAXIMUM VELOCITY FC PLAYERS WILL IMPROVE THEIR FUTSAL AND SOCCEER SKILLS WHICH IN TURN WILL PRODUCE SOME OF THE FINEST COMPETIVE FUTSAL AND SOCCER TEAMS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6MAXUMUM VELOCITY FC IS COMMITTED TO PROVIDING A QUALITY FUTSAL AND SOCCER TRANING ENVIRONMENT FOR DEDICTED PLAYERS WHO ARE LOOKING TO ADVANCE TO THE NEXT LEVEL. THIS WILL ALLOW PLAYERS TO DEVELOP ADVANCED SKILLS, UNDERSTAND TEAM WORK AND ENGAGE IN THE HIGHEST LEVELS OF COMPETITION. MVFC IS COMMITTED TO PROVIDING AN ENRICHED AND DRUG FREE ENVIRONMENT FOR OUR PLAYERS, NOT ONLY AS COMPETITIVE FUTSAL AND SOCCER PLAYERS, BUT AS COMMUNITY MEMBERS AND LEADERS. MVFC WILL SUPPORT AND ENCOURAGE EACH PLAYER'S EFFORTS TO CONSISTENTLY STRENGTHEN THEIR ABILITIES AND PASSION FOR THE SPORTS. THROUGH HARD WORK AND DEDICATION, MAXIMUM VELOCITY FC PLAYERS WILL IMPROVE THEIR FUTSAL AND SOCCER SKILLS WHICH IN TURN WILL PRODUCE SOME OF THE FINEST COMPETITIVE FUTSAL AND SOCCER TEAMS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III, LINE 28
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990-EZ, PART III, LINE 31
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0M GEOFFREY CARLTON II
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06033030665
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-06-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MAXIMUM VELOCITY FC
ReturnHeader/Filer/BusinessNameControlTxt0MAXI
ReturnHeader/Filer/EIN0811366743
ReturnHeader/Filer/PhoneNum06033030665
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0038016810
ReturnHeader/PreparerPersonGrp/PhoneNum06037661968
ReturnHeader/PreparerPersonGrp/PreparationDt02021-06-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ELLEN M LAVIN
ReturnHeader/ReturnTs02021-06-15T08:13:09-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0GEOFF
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0CARLTON
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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