Louisville Soccer Alliance Inc
- Assets
- $702.9k
- Revenue
- $317.4k
- Investments
- $0.0
- Employees
- 5
- Location
- Louisville, KY
- Founding
- 10/1991
- Data as of
- 07/2020
- EIN
- 61-1188482
Organization Overview
Louisville Soccer Alliance Inc is located in Louisville, KY. The organization was established in 1991. According to its NTEE Classification (N64) the organization is classified as: Soccer, under the broad grouping of Recreation & Sports and related organizations. As of 07/2021, Louisville Soccer Alliance Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Louisville Soccer Alliance 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 07/2020, Louisville Soccer Alliance Inc generated $317.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (7.6%) each year. All expenses for the organization totaled $421.5k during the year ending 07/2020. As we would expect to see with falling revenues, expenses have declined by (0.5%) per year over the past 6 years. 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
SPONSOR ATHLETIC EVENTS FOR YOUTHS AND ADULTS OF THE LOCAL COMMUNITY TO PARTICIPATE IN LOCAL, NATIONAL, AND INTERNATIONAL COMPETITIVE SPORTING EVENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SPONSOR ATHLETIC EVENTS FOR YOUTH AND ADULTS OF THE LOCAL COMMUNITY TO PARTICIPATE IN LOCAL, NATIONAL AND INTERNATIONAL COMPETITIVE SPORTING EVENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peggi Bindner Vice Preside | OfficerTrustee | 1 | $0 |
Garrett Jackson Treasurer | OfficerTrustee | 3 | $0 |
Bob Rodosky Secretary | OfficerTrustee | 1 | $0 |
Michael Hayes President | OfficerTrustee | 15 | $0 |
William Benoit Board Member | Trustee | 1 | $0 |
Michael Francis Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,301 |
| Investment income | $0 |
| 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 | $120,413 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $317,359 |
| 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. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $144,371 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $10,854 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,053 |
| Fees for services: Accounting | $3,188 |
| Fees for services: Lobbying | $7,472 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $33,381 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $4,908 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $11,681 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $18,610 |
| Insurance | $2,979 |
| All other expenses | $0 |
| Total functional expenses | $421,527 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $50,055 |
| Savings and temporary cash investments | $0 |
| 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 | $42,591 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $11,500 |
| Total assets | $702,909 |
| Accounts payable and accrued expenses | $29,535 |
| 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 | $304,289 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $7,487 |
| Total liabilities | $341,311 |
| 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 | $361,598 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
St Louis Scott Gallagher Foundation Fenton, MO | $6,377,581 | $8,959,204 |
Richmond Strikers Soccer Club Inc Glen Allen, VA | $6,484,910 | $7,892,282 |
Loudoun Youth Soccer Association Leesburg, VA | $8,456,614 | $7,397,666 |
Arlington Soccer Association Inc Arlington, VA | $7,101,878 | $5,587,943 |
Alexandria Soccer Association Inc Alexandria, VA | $6,235,592 | $5,465,888 |
Westfield Youth Soccer Association Inc Westfield, IN | $2,587,107 | $4,763,711 |
Mclean Youth Soccer Association Mclean, VA | $5,370,250 | $4,066,395 |
Elite Clubs National League Inc Henrico, VA | $951,283 | $2,862,570 |
St Louis Youth Soccer Association St Louis, MO | $4,226,499 | $2,965,176 |
Cincinnati United Soccer Club Cincinnati, OH | $2,282,180 | $3,133,559 |
Club Ohio Soccer Inc Dublin, OH | $2,845,466 | $3,328,698 |
Vienna Youth Soccer Incorporated Vienna, VA | $2,645,865 | $3,252,230 |