Concorde Fire Soccer Club
Overview
Founded in 1982 in Atlanta, Georgia. 501(c)(3) nonprofit (EIN: 58-1569954). Tax-exempt since July 1984. One of Atlanta’s most established and respected youth soccer organizations. Headquartered at 860 Johnson Ferry Road Suite 140-329, Atlanta, GA 30342, with office at 5825 Glenridge Drive, Bldg 2-207, Atlanta, GA 30328.
Concorde Fire operates 6 branches: Central, AIS (Atlanta International School), Cobb, North, South (Columbus), and West. The Alpharetta branch (concorde-fire-alpharetta) was formerly Alpharetta Ambush and operates as a separate entity.
Financials
| Fiscal Year | Revenue | Expenses | Net Assets |
|---|---|---|---|
| 2024 | $5,400,999 | $4,856,533 | $7,832,392 |
| 2023 | $4,934,575 | $4,509,706 | $2,054,543 |
| 2022 | $4,589,073 | $4,224,896 | $1,650,161 |
| 2021 | $3,777,626 | $4,218,906 | $1,291,708 |
| 2020 | $3,761,717 | $3,442,855 | $1,739,232 |
| 2019 | $3,872,927 | $3,957,090 | $1,428,024 |
Source: ProPublica 990 Explorer. Confidence: (HIGH)
Revenue trend: Strong growth from $3.1M (2015) to $5.4M (2024) — 74% increase over 9 years. Net margin positive in most years.
Notable: Net assets jumped from $2.1M (2023) to $7.8M (2024) — a $5.8M increase in one year. This likely reflects a major asset acquisition (real estate or facility investment). This warrants investigation.
Charity Navigator score: 92%, Four-Star rating. 100% Accountability & Finance beacon.
Teams & Players
2,900+ participants in the comprehensive youth soccer program. Teams span recreational through elite competitive levels across boys and girls age groups U8—U19.
League Affiliations
- ECNL (Boys & Girls) — Southeast Conference
- ECNL Regional League
- SCCL (Southeastern Clubs Champions League) — founding member (2018)
- Academy / Pre-Academy programs
Facilities
- Central/Main: Atlanta (Sandy Springs area)
- AIS Branch: Atlanta International School campus
- Cobb Branch: Cobb County
- North Branch: North Atlanta
- South Branch: Columbus, GA (operates as Concorde Fire South)
- West Branch: West Atlanta
Facility ownership details unknown — the $7.8M net asset position in FY2024 may indicate real estate acquisition.
Leadership
- larry-lord — Board Chair (volunteer, no compensation)
- ken-kurilec — Executive Director / Director of Coaching. $153,000 salary + $11,250 other (FY2024)
- gregg-blasingame — CEO. $99,000 salary + $7,275 other (FY2024)
- Nancy Blasingame — Registrar
- Sukhi Bal — Director, AIS Program
- Doug Yearwood — Director, Alpharetta Program
- Eric Steinhauser — Director, South (Columbus) Program
- Adam Fuller — Vice President (volunteer)
- John Elliot — Secretary (volunteer)
- Jody Young — Treasurer (volunteer)
Executive compensation is modest relative to revenue ($153K top salary on $5.4M revenue). This is a positive signal for acquisition — no founder enrichment concern.
College Placement
Strong track record at regional and national levels. Detailed placement data not compiled.
Competitive Position
Concorde Fire is the prestige brand in Georgia youth soccer — the oldest elite club (est. 1982) with consistently strong ECNL results. The 92% Charity Navigator rating reflects clean governance. The multi-branch model (6 locations + Alpharetta affiliate) provides geographic reach across metro Atlanta and into Columbus.
Strengths:
- Brand heritage and reputation (42+ years)
- ECNL membership (boys & girls)
- Clean finances and governance
- Moderate executive compensation
- Multi-branch geographic coverage
- Concorde Fire Challenge Cup tournament revenue
Weaknesses:
- Revenue trails NTH Tophat and UFA
- No major facility ownership (historically)
- Columbus branch is geographically isolated
- Brand may be perceived as “old school” vs. newer competitors
Investment Thesis
Top acquisition target in Georgia. Clean finances, strong brand, ECNL membership, moderate compensation, and a board structure that suggests governance-minded leadership. The $7.8M net asset jump in FY2024 needs investigation — if this represents facility acquisition, it significantly increases the club’s value and strategic importance.
A Concorde Fire acquisition combined with GSA would create a $10M+ revenue platform covering Atlanta’s northern suburbs and Gwinnett County.
Open Questions
- What caused the $5.8M net asset increase in FY2024? Real estate?
- What are the branch facility lease terms?
- Is the Alpharetta branch (separate entity) included in these financials?
- What is the relationship with Columbus Futbol Club — separate nonprofit or branch?
- Board receptivity to strategic discussions?