Transylvania Youth Soccer Association
- Assets
- $1.1m
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 0
- Location
- Brevard, NC
- Founding
- 06/2004
- Data as of
- 06/2023
- EIN
- 56-2194624
Organization Overview
Transylvania Youth Soccer Association is located in Brevard, NC. The organization was established in 2004. 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. Transylvania Youth 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 06/2023, Transylvania Youth Soccer Association generated $1.2m in total revenue. All expenses for the organization totaled $70.7k during the year ending 06/2023. While expenses have increased by 43.4% per year over the past 3 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
TRANSYLVANIA YOUTH SOCCER ASSOCIATION, INC. (TYSA) SEEKS TO FOSTER THE PHYSICAL, MENTAL, AND EMOTIONAL GROWTH OF AMATEUR YOUTH AND ADULTS IN TRANSYLVANIA, HENDERSON, AND ALL NEIGHBORING COUNTIES REGARDLESS OF RACE, GENDER, RELIGION, COLOR, ETHNIC HERITAGE, OR ABILITY, THROUGH THE SPORT OF SOCCER AT ALL LEVELS OF AGE AND COMPETITION BY ESTABLISHING PROGRAMS AND ACTIVITIES THAT FOCUS ON DEVELOPMENT, PROMOTION, TEACHING AND ADMINISTRATION OF THE GAME OF SOCCER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WITH AN EMPHASIS ON FUN AND PARTICIPATION, OUR RECREATIONAL DIVISION IS THE ENTRY POINT FOR CHILDREN WHO ARE NEW TO THE GAME. IN RECREATION, FUN GAMES ARE USED TO DEVELOP BASIC SKILLS, SUCH AS BALL CONTROL AND DRIBBLING, AND TO FURTHER PLAYERS' ENJOYMENT OF THE GAME. RECREATIONAL SOCCER IS COACHED BY VOLUNTEERS WHO ARE EQUIPPED AND SUPPORTED BY THE ORGANIZATION AND WILL RECEIVE COMMUNICATIONS FROM THE PROGRAM DIRECTOR WITH IMPORTANT INFORMATION AND WEEKLY PRACTICE SESSIONS THROUGHOUT THE SEASON. OUR COACHES USE A CURRICULUM MADE UP OF FUN AND DEVELOPMENTALLY APPROPRIATE PRACTICE ACTIVITIES. FALL SEASON RUNS FROM MID-SEPTEMBER TO EARLY NOVEMBER AND OUR SPRING SEASON RUNS FROM EARLY MARCH TO MID-MAY. THERE WERE 500 PARTICIPANTS IN THE RECREATIONAL LEAGUE DURING FISCAL YEAR 2022-23.
THE EFC ACADEMY PROGRAM IS A LEVEL OF TRAINING AND PLAY BEYOND RECREATIONAL SOCCER DESIGNED TO HELP PLAYERS IMPROVE THEIR TECHNICAL SOCCER SKILLS WHICH THEY WILL NEED TO PLAY AT A HIGHER LEVEL, AS WELL AS THEIR LOVE FOR THE GAME. OUR ACADEMY TEAMS PRACTICE LOCALLY, BUT PLAY MOST GAMES IN NEARBY REGIONAL DESINATIONS INCLUDING ASHEVILLE, NC, GREENVILLE, SC AND SIMILAR LOCATIONS. EFC DEVELOPS ACADEMY TEAMS AT THE U10 AND U12 AGE GROUPS FOR BOTH BOYS AND GIRLS. OUR ACADEMY PROGRAM REPRESENTS AN INTERMEDIATE STEP BETWEEN "RECREATIONAL" SOCCER AND "CLASSIC" (TRAVEL) SOCCER. THERE WERE 75 ACADEMY PLAYERS FOR THE 2022-2023 YEAR.
CLASSIC SOCCER IS THE NAME GIVEN TO TRAVEL SOCCER IN NORTH CAROLINA AND IS PLAYED AMONGST OTHER TEAMS IN NORTH CAROLINA IN A LEAGUE ADMINISTERED BY THE NORTH CAROLINA YOUTH SOCCER ASSOCIATION. EFC ENVISIONS OUR FUTURE ACADEMY TEAMS PROGRESSING TO PLAY CLASSIC SOCCER AT THE U13 AGE GROUPS AND OLDER AGES. THERE WERE 22 CLASSIC PLAYERS FOR THE 2022-2023 YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Caitlyn Murray Executive Director | Trustee | 15 | $11,970 |
John Felty President | OfficerTrustee | 15 | $0 |
Jeff Goodwin Treasurer | OfficerTrustee | 15 | $0 |
Brad Toms Secretary | OfficerTrustee | 5 | $0 |
Randy Baron Vice President | OfficerTrustee | 15 | $0 |
Shea Airey Academy Director | Trustee | 15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,075,109 |
| Noncash contributions included in lines 1a–1f | $1,075,109 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,075,109 |
| Total Program Service Revenue | $66,895 |
| Investment income | $7,373 |
| 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 | $1,150,027 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $18,142 |
| Advertising and promotion | $0 |
| Office expenses | $196 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $7,290 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $644 |
| All other expenses | $11,856 |
| Total functional expenses | $70,749 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $446,194 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,500 |
| 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 | $3,500 |
| Investments—publicly traded securities | $693,186 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,145,380 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $82,771 |
| Net assets with donor restrictions | $1,062,609 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $1,145,380 |