Plymouth Wayzata Fusion Soccer Club
- Assets
- $3.2m
- Revenue
- $3.6m
- Investments
- $0.0
- Employees
- 122
- Location
- Plymouth, MN
- Founding
- 11/2000
- Data as of
- 07/2023
- EIN
- 41-1716050
Organization Overview
Plymouth Wayzata Fusion Soccer Club is located in Plymouth, MN. The organization was established in 2000. According to its NTEE Classification (N64) the organization is classified as: Soccer, under the broad grouping of Recreation & Sports and related organizations. As of 07/2023, Plymouth Wayzata Fusion Soccer Club employed 122 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Plymouth Wayzata Fusion Soccer Club 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 07/2023, Plymouth Wayzata Fusion Soccer Club generated $3.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.3% each year. All expenses for the organization totaled $3.5m during the year ending 07/2023. While expenses have increased by 8.3% per year over the past 7 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
YOUTH SOCCER & VOLLEYBALL EDUCATION PROGRAMS SERVING THE TWIN CITIES WEST METRO AREA
Describe the Organization's Program Activity:
Part 3 - Line 4a
PLYMOUTH WAYZATA FUSION SOCCER CLUB HAS RECREATIONAL AND COMPETITIVE VOLLEYBALL PROGRAMS FOR GIRLS 5TH GRADE THROUGH 8TH GRADE AND SOCCER PROGRAMS FOR PLAYERS AT ANY LEVEL - BEGINNER, RECREATION, DEVELOPMENT, COMPETITIVE OR PREMIER, SERVING YOUTH FROM PRE-KINDERGARTEN TO AGE 21, WITH A HIGHLY QUALIFIED AND EXPERIENCED COACHING STAFF AND EXCELLENT TRAINING FACILITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Leigh Larson Executive Director Through January | Officer | 40 | $152,682 |
Chad Morse Dir-Coaching & Player Development | Officer | 40 | $102,376 |
Keith Pavelka Executive Director Beginning 2/1/23 | Officer | 40 | $85,378 |
Behrang Khavanin Dir-Coaching & Player Development | Officer | 40 | $81,452 |
Scott Myers Technical Director | Officer | 40 | $26,341 |
Brian Parham President | OfficerTrustee | 4 | $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 | $5,846 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,846 |
| Total Program Service Revenue | $3,530,355 |
| Investment income | $89,415 |
| 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 | $3,625,616 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $54,218 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $479,940 |
| Compensation of current officers, directors, key employees. | $91,058 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,201,196 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $130,997 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $95 |
| Fees for services: Accounting | $8,900 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $17,504 |
| Fees for services: Other | $16,546 |
| Advertising and promotion | $10,217 |
| Office expenses | $117,788 |
| Information technology | $27,458 |
| Royalties | $0 |
| Occupancy | $100,827 |
| Travel | $4,327 |
| 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 | $26,764 |
| All other expenses | $99,065 |
| Total functional expenses | $3,453,213 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $20,897 |
| Savings and temporary cash investments | $1,264,491 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $248,411 |
| 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 | $1,636,134 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,169,933 |
| Accounts payable and accrued expenses | $138,386 |
| Grants payable | $0 |
| Deferred revenue | $353,103 |
| 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 | $23,715 |
| Total liabilities | $515,204 |
| Net assets without donor restrictions | $2,654,729 |
| 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 | $3,169,933 |