Las Vegas Soccer Association
- Assets
- $347.7k
- Revenue
- $2.2m
- Investments
- $0.0
- Employees
- 57
- Location
- Las Vegas, NV
- Founding
- 04/2009
- Data as of
- 12/2020
- EIN
- 26-2733601
Organization Overview
Las Vegas Soccer Association is located in Las Vegas, NV. The organization was established in 2009. According to its NTEE Classification (N64) the organization is classified as: Soccer, under the broad grouping of Recreation & Sports and related organizations. As of 12/2022, Las Vegas Soccer Association employed 57 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Las Vegas Soccer Association is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2020, Las Vegas Soccer Association generated $2.2m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 10.8% each year . All expenses for the organization totaled $1.8m during the year ending 12/2020. While expenses have increased by 4.9% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF LAS VEGAS SOCCER ASSOCIATION IS TO DEVELOP WELL-BALANCED, SUCCESSFUL STUDENT ATHLETES IN A HEALTHY, POSITIVE SOCCER ENVIRONMENT. WE WILL PROMOTE AND DEVELOP EXCELLENCE IN CLUB SOCCER BASED ON THE VALUES OF SKILL, SPORTSMANSHIP AND CHARACTER AT ALL TIMES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LAS VEGAS SOCCER ASSOCIATION HAS BEEN ESTABLISHED TO DEVELOP WELL-BALANCED, SUCCESSFUL STUDENT ATHLETES IN A HEALTHY ENVIRONMENT; TO PROMOTE AND DEVELOP EXCELLENCE IN CLUB SOCCER BASED ON THE VALUES OF SKILL, SPORTSMANSHIP, AND CHARACTER AT ALL TIMES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patricia Rasmussen Treasurer | Officer | 40 | $72,000 |
James Rasmussen President | Officer | 40 | $72,000 |
Lana C Rasmussen Secretary | Officer | 20 | $7,200 |
Maureen Hester Director | Trustee | 5 | $4,553 |
Richard Romano Director | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $241,426 |
| Investment income | $960 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $25,823 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,173,432 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $133,896 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $722,852 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $47,807 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,866 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $4,022 |
| Advertising and promotion | $0 |
| Office expenses | $44,067 |
| Information technology | $9,936 |
| Royalties | $0 |
| Occupancy | $30,000 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $3,301 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $8,573 |
| Insurance | $7,511 |
| All other expenses | $0 |
| Total functional expenses | $1,849,319 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $33,337 |
| Savings and temporary cash investments | $285,555 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $9,874 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $13,034 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $347,740 |
| Accounts payable and accrued expenses | $2,462 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $152,335 |
| Other liabilities | $0 |
| Total liabilities | $154,797 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $192,943 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Las Vegas Soccer Association has recieved totaling $1,000.
| Awarding Organization | Amount |
|---|---|
David G Taft Foundation New York, NY PURPOSE: GENERAL SUPPORT | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
New Avenues For Youth Inc Portland, OR | $21,649,284 | $12,304,238 |
Mission Viejo Pateadores Inc Costa Mesa, CA | $5,410,676 | $6,870,399 |
Inland Youth Soccer Education Program Eastvale, CA | $2,679,996 | $4,925,052 |
Southern California Developmental Soccer League Yorba Linda, CA | $821,067 | $3,898,566 |
Utah Youth Soccer Association Inc Sandy, UT | $11,252,002 | $6,100,918 |
Beach Futbol Club Torrance, CA | $2,068,855 | $5,229,964 |
Carlsbad United Fc Carlsbad, CA | $2,069,872 | $4,701,055 |
Mustang Soccer League Danville, CA | $4,189,938 | $3,632,479 |
Mountain View Los Altos Soccer Club Los Altos, CA | $2,673,632 | $4,740,433 |
San Dieguito Surf Soccer Club Del Mar, CA | $213,133 | $3,920,186 |
Peninsula Soccer League San Diego, CA | $1,048,894 | $4,275,067 |
California Youth Soccer Association Inc Sacramento, CA | $3,608,679 | $3,167,322 |