Kentucky Youth Soccer Association Inc
- Assets
- $1.3m
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 6
- Location
- Lexington, KY
- Founding
- 09/1980
- Data as of
- 08/2023
- EIN
- 31-0989041
Organization Overview
Kentucky Youth Soccer Association Inc is located in Lexington, KY. The organization was established in 1980. According to its NTEE Classification (N64) the organization is classified as: Soccer, under the broad grouping of Recreation & Sports and related organizations. As of 08/2023, Kentucky Youth Soccer Association Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kentucky Youth Soccer Association Inc 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 08/2023, Kentucky Youth Soccer Association Inc generated $1.7m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 2.1% each year. All expenses for the organization totaled $1.6m during the year ending 08/2023. While expenses have increased by 3.3% per year over the past 5 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE SOCCER PROGRAMMING FOR THE YOUTH IN KENTUCKY
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEMBER DEVELOPMENT PROGRAM - TO TRAIN THE TOP SOCCER PLAYERS FOR INDIVIDUAL AND TEAM COMPETITION WITH OTHER STATES AND EUROPE - APPROXIMATELY 1000 PARTICIPANTS
TOURNAMENTS - TO PROVIDE STATEWIDE TOURNAMENT COMPETITIONS FOR ALL AGE GROUPS IN BOTH RECREATIONAL AND COMPETITIVE SOCCER DIVISIONS - ALL PLAYERS IN STATE
COACHING CLINICS/COURSES TO PROVIDE STATEWIDE COACHING CLINICS FOR ALL LEVELS OF COACHES TO BENEFIT PLAYERS IN RECREATIONAL AND COMPETITIVE DIVISIONS - ALL MEMBERS IN STATE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Martin B Tucker President | OfficerTrustee | 5 | $0 |
Bob Rodosky Vice Preside | OfficerTrustee | 5 | $0 |
Jim Long Secretary | OfficerTrustee | 5 | $0 |
E Daniel Clift Treasurer | OfficerTrustee | 5 | $0 |
Michael Ratliff Director | Trustee | 5 | $0 |
Stan Settle Director | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $710,727 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $710,727 |
| Total Program Service Revenue | $846,273 |
| Investment income | $26,624 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,685,504 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $403,034 |
| Pension plan accruals and contributions | $30,788 |
| Other employee benefits | $60,775 |
| Payroll taxes | $33,021 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,100 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $5,531 |
| Fees for services: Other | $0 |
| Advertising and promotion | $18,800 |
| Office expenses | $5,886 |
| Information technology | $18,851 |
| Royalties | $0 |
| Occupancy | $38,750 |
| Travel | $22,402 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,006 |
| Interest | $1,644 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $6,604 |
| Insurance | $102,810 |
| All other expenses | $52,223 |
| Total functional expenses | $1,630,588 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,052,455 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $277,725 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,330,180 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Other liabilities | $30,379 |
| Total liabilities | $30,379 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $1,299,801 |
| Total liabilities and net assets/fund balances | $1,330,180 |