Valor Soccer is located in Maple Valley, WA. 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, Valor Soccer employed 29 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Valor Soccer 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, Valor Soccer generated $1.8m in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 37.5% each year . All expenses for the organization totaled $1.6m during the year ending 12/2021. While expenses have increased by 20.5% per year over the past 2 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
TO PROVIDE QUALITY AND AFFORDABLE SOCCER PROGRAMMING TO THE YOUTH OF OUR COMMUNITY
Describe the Organization's Program Activity:
Part 3 - Line 4a
SOCCER LEAGUES AND TEAMS FOR YOUTH
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kevin Erickson Treasurer | OfficerTrustee | 0 | $0 |
Patrick Mooney President | OfficerTrustee | 0 | $0 |
Todd Coon CFO | Officer | 0 | $0 |
Randy D Aldridge CEO | Officer | 40 | $0 |
Josh King Co-Chair | Trustee | 0 | $0 |
David Lake Secretary | Trustee | 0 | $0 |
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 | $120,062 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $120,062 |
Total Program Service Revenue | $1,606,106 |
Investment income | $242 |
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 | $1,839,392 |
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 | $851,181 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $27,565 |
Payroll taxes | $80,356 |
Fees for services: Management | $0 |
Fees for services: Legal | $5,958 |
Fees for services: Accounting | $9,854 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $120,124 |
Advertising and promotion | $27,757 |
Office expenses | $5,628 |
Information technology | $13,570 |
Royalties | $0 |
Occupancy | $52,262 |
Travel | $16,121 |
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 | $17,031 |
Insurance | $2,116 |
All other expenses | $142,745 |
Total functional expenses | $1,601,408 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $228,464 |
Savings and temporary cash investments | $751,146 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $9,466 |
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 | $5,000 |
Net Land, buildings, and equipment | $100,558 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,094,634 |
Accounts payable and accrued expenses | $6,417 |
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 | $507,482 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | -$8,694 |
Total liabilities | $505,205 |
Net assets without donor restrictions | $589,429 |
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 | $1,094,634 |
Over the last fiscal year, we have identified 2 grants that Valor Soccer has recieved totaling $23,170.
Awarding Organization | Amount |
---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $22,922 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $248 |
Organization Name | Assets | Revenue |
---|---|---|
New Avenues For Youth Inc Portland, OR | $21,649,284 | $12,304,238 |
Lake Washington Youth Soccer Association Redmond, WA | $5,169,989 | $4,179,699 |
Pacific Northwest Soccer Club Tukwila, WA | $2,202,415 | $4,068,146 |
Issaquah Soccer Club Issaquah, WA | $882,764 | $2,870,799 |
Washington Premier Football Club Tacoma, WA | $3,927,147 | $2,870,120 |
Washington Timbers Football Club Vancouver, WA | $2,815,479 | $3,032,791 |
Pacific Premier Fc Everett, WA | $790,525 | $2,200,478 |
Westside Metros Soccer Club Beaverton, OR | $1,319,652 | $2,139,710 |
Greater Seattle Surf Soccer Club Woodinville, WA | $965,509 | $2,433,611 |
Washington State Youth Soccer Association Tukwila, WA | $1,242,742 | $1,954,253 |
Northshore Youth Soccer Association Woodinville, WA | $1,945,207 | $1,980,763 |
Deschutes Academy And Futbol Club Bend, OR | $1,872,316 | $1,613,240 |