Independence Soccer Club Inc
- Assets
- $177.1k
- Revenue
- $249.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Independence, KY
- Founding
- 11/2004
- Data as of
- 06/2023
- EIN
- 71-0964101
Organization Overview
Independence Soccer Club Inc is located in Independence, KY. 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. Independence Soccer Club 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 06/2023, Independence Soccer Club Inc generated $249.7k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 11.6% each year . All expenses for the organization totaled $205.5k during the year ending 06/2023. While expenses have increased by 11.6% per year over the past 8 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
THE MISSION OF ISC IS TO PROMOTE THE GROWTH OF AND APPRECIATION FOR THE GAME OF SOCCER BY PROVIDING OPPORTUNITIES FOR THE YOUTH OF NORTHERN KENTUCKY TO LEARN THE LAWS OF THE GAME AND PARTICIPATE IN ORGANIZED PROGRAMS OF SOCCER; TO ORGANIZE AND PROMOTE YOUTH SOCCER ORGANIZATIONS, CLUBS LEAGUES, AND ASSOCIATIONS FOR YOUTH UP TO AND INCLUDING THOSE 18 YEARS OF AGE; AND TO ENCOURAGE GOOD SPORTSMANSHIP AND FAIR PLAY OF ALL PARTICIPANTS THEREIN. IT IS THE VISION OF ISC TO PROVIDE THE BEST ATMOSPHERE FOR AN ENJOYABLE AND AFFORDABLE SOCCER EXPERIENCE FOR EVERYONE, WHETHER PARTICIPATING IN OUR RECREATIONAL OR COMPETITIVE PROGRAM. ISC ADVOCATES CONTINUED DEVELOPMENT AND GOOD SPORTSMANSHIP FOR COACHES, PLAYERS, PARENTS AND OFFICIALS. ISC WILL ALWAYS UPHOLD THE BEST INTEREST OF ALL OF ITS FAMILIES, PLAYERS, COACHES AND OFFICIALS AND PLACE IT FIRST ABOVE EVERYTHING ELSE. ISC WILL PROVIDE ALL MEMBERS WITH THE OPPORTUNITY TO PARTICIPATE IN, DEVELOP AND ENJOY THE GAME OF SOCCER. IN SHORT, OUR GOAL IS
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SPRING CLASSIC TOURNAMENT WILL NOT MOVE FORWARD THIS YEAR, BUT WE LOOK FORWARD TO OFFERING THIS OPPORTUNITY TO COMPETE AGAIN IN FUTURE YEARS.ISC IS ALWAYS ASSESSING OPPORTUNITY TO DELIVER MORE SOCCER TO NORTHERN KENTUCKY. PLANS ARE CURRENTLY UNDERWAY TO DEVELOP A NEW PROGRAM FOR SUMMER PICK-UP SOCCER: SMALL SIDED, INFORMAL PLAYGROUND STYLE SOCCER GAMES FOR ALL AGE-GROUPS! STAY TUNED FOR MORE ON THIS HOPEFUL NEW OPPORTUNITY!
THE MISCHIEF AT MILLS TOURNAMENT WAS NEWLY BRANDED IN 2021 AND IS HOSTED BY ISC MOST YEARS IN OCTOBER OR EARLY NOVEMBER. THIS IS A GREAT OPPORTUNITY TO COMPETE AGAINST OTHER TEAMS IN THE REGION AND HAVE A LITTLE FUN ALONG THE WAY!
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Blaine J Edmonds III President | OfficerTrustee | 3 | $0 |
Joseph Shuff Vice President | OfficerTrustee | 2 | $0 |
Scott Ross Secretary | OfficerTrustee | 2 | $0 |
Brian Anderson Treasurer | OfficerTrustee | 5 | $0 |
Justin Bowen Director Of Coaching | OfficerTrustee | 3 | $0 |
Adam Luckhardt Field Manager | Trustee | 3 | $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 | $5,437 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,437 |
| Total Program Service Revenue | $244,746 |
| 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 | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $249,700 |
| 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 | $40,776 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $300 |
| Royalties | $0 |
| Occupancy | $119,774 |
| 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 | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $611 |
| All other expenses | $993 |
| Total functional expenses | $205,530 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $176,563 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $536 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $177,099 |
| 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 | $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 | $177,099 |
| Total liabilities and net assets/fund balances | $177,099 |