Asian-American Youth Soccer Academy is located in San Mateo, CA. The organization was established in 2019. According to its NTEE Classification (N64) the organization is classified as: Soccer, under the broad grouping of Recreation & Sports and related organizations. As of 12/2021, Asian-American Youth Soccer Academy employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Asian-American Youth Soccer Academy 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, Asian-American Youth Soccer Academy generated $569.1k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 33.7% each year . All expenses for the organization totaled $366.0k during the year ending 12/2021. While expenses have increased by 20.4% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
SOCCER EDUCATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION HAD ACHIVED THE GOAL OF EDUCATING AND TRAINING YOUNG CHILDREN TO IMPROVE THEIR SOCCER SKILLS AND KNOWLEDGE.
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 | $17,921 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $17,921 |
Total Program Service Revenue | $551,131 |
Investment income | $3 |
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 | $569,055 |
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. | $55,675 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $48,672 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $9,346 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $1,780 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $3,120 |
Advertising and promotion | $9,268 |
Office expenses | $8,826 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $138 |
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 | $5,803 |
All other expenses | $4,451 |
Total functional expenses | $366,039 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $205,141 |
Savings and temporary cash investments | $30,421 |
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 | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $235,562 |
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 | $235,562 |
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 | $0 |
Total liabilities and net assets/fund balances | $235,562 |
Over the last fiscal year, we have identified 1 grants that Asian-American Youth Soccer Academy has recieved totaling $11,099.
Awarding Organization | Amount |
---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $11,099 |
Organization Name | Assets | Revenue |
---|---|---|
American Youth Soccer Organization Torrance, CA | $62,556,243 | $63,828,358 |
New Avenues For Youth Inc Portland, OR | $21,649,284 | $12,304,238 |
Mission Viejo Pateadores Inc Costa Mesa, CA | $5,410,676 | $6,870,399 |
Inland Youth Soccer Education Program Eastvale, CA | $2,679,996 | $4,925,052 |
Southern California Developmental Soccer League Yorba Linda, CA | $821,067 | $3,898,566 |
Beach Futbol Club Torrance, CA | $2,068,855 | $5,229,964 |
Carlsbad United Fc Carlsbad, CA | $2,069,872 | $4,701,055 |
Mustang Soccer League Danville, CA | $4,189,938 | $3,632,479 |
Mountain View Los Altos Soccer Club Los Altos, CA | $2,673,632 | $4,740,433 |
San Dieguito Surf Soccer Club Del Mar, CA | $213,133 | $3,920,186 |
Peninsula Soccer League San Diego, CA | $1,048,894 | $4,275,067 |
California Youth Soccer Association Inc Sacramento, CA | $3,608,679 | $3,167,322 |