Lake Geneva Lakers Soccer Club
- Assets
- $33.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lake Geneva, WI
- Founding
- 07/1997
- Data as of
- 12/2021
- EIN
- 39-1890117
Organization Overview
Lake Geneva Lakers Soccer Club is located in Lake Geneva, WI. The organization was established in 1997. According to its NTEE Classification (N64) the organization is classified as: Soccer, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lake Geneva Lakers Soccer Club 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 12/2021, Lake Geneva Lakers Soccer Club generated $4.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.0%) each year. All expenses for the organization totaled $4.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (15.3%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
YOUTH SOCCER TOURNAMENTS IN THE COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Georgalas President | 0 | $0 | |
Mark Luberda Vice Preside | 0 | $0 | |
Pam Georgalas Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $300 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $3,964 |
| Other Revenue | $0 |
| Total Revenue | $4,264 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $850 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $3,975 |
| Total expenses | $4,825 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $21,315 |
| Other assets | $0 |
| Total assets | $33,105 |
| Total liabilities | $0 |
| Net assets or fund balances | $33,105 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Tga Usa Minneapolis, MN | $875,647 | $3,712,520 |
Rev Soccer Club Eagan, MN | $1,013,337 | $3,718,465 |
Plymouth Wayzata Fusion Soccer Club Plymouth, MN | $2,685,722 | $3,801,367 |
United States Senior Soccer Division Inc Bridgeview, IL | $4,213,384 | $3,420,004 |
Sporting St Croix Soccer Club Inc Oak Park Heights, MN | $1,056,078 | $2,599,201 |
Grand Valley Premier Soccer Club Kentwood, MI | $3,029,015 | $3,061,144 |
Elmbrook United Inc Brookfield, WI | $2,087,528 | $2,637,814 |
Michigan Wolves-Hawks Soccer Club Livonia, MI | $2,164,213 | $2,684,683 |
Galaxy Soccer Club Naperville, IL | $1,060,372 | $2,271,460 |
Wisconsin Juniors Volleyball Club Inc Salem, WI | $545,041 | $2,203,549 |
Illinois Youth Soccer Assocn Inc Arlington Heights, IL | $5,708,000 | $2,009,135 |
Michigan State Youth Soccer Assn Plymouth, MI | $4,453,943 | $2,350,945 |